February 2021 — Topical news of the United Arab Emirates

February 19, 2021 no comments 312
3,431 recoveries also announced in last 24 hours ABU DHABI - The Ministry of Health and Prevention (MoHAP) announced that it conducted 171,667 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Thursday, the...

February 19, 2021 no comments 270
Airline says no fixed date yet when aircraft can fly passengers again Flydubai will redeploy its grounded Boeing 737 MAX only after all the requirements, including additional pilot training, the budget carrier said on Thursday. “Flydubai will comply with each and every one of the...

February 17, 2021 no comments 284
ADDED instructed the owners of business facilities across the emirate about the need to adhere to the highest levels of societal responsibility ABU DHABI: The Abu Dhabi Department of Economic Development has closed 354 business facilities in the Emirate of Abu Dhabi’s three regions,...

February 17, 2021 no comments 255
The move is reflective of the robust solvency profile of the UAE national banks ABU DHABI: UAE national banks have returned around AED14.47 billion from the stimulus they had received since March 2020 from the Central Bank of the United Arab Emirates (CBUAE) to deal with the COVID-19...

February 17, 2021 no comments 258
The UAE Ministry of Health and Prevention said vaccines prepares the body to fight infection caused by the virus or different bacteria. The health official during a media briefing on coronavirus made the statement. The health authorities said the body's immune system recognises the...

February 16, 2021 no comments 271
The Sharjah Electricity, Water and Gas Authority (Sewa) announced that the deposit amount of new consumption accounts for residential projects for individuals and economic, commercial and industrial establishments would be reduced by 50 per cent with the aim of supporting all sectors to overcome...

February 16, 2021 no comments 294
4,892 recoveries announced in last 24 hours ABU DHABI - The Ministry of Health and Prevention (MoHAP) announced that it conducted 162,774 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Monday, the Ministry...

February 16, 2021 no comments 265
Memorandum of understanding meant to explore investment opportunities Abu Dhabi state investor Mubadala has signed several agreements with companies in Ukraine to explore investment opportunities. The sovereign wealth fund, which manages $232 billion in assets, said Monday it had...

February 16, 2021 no comments 286
Bank confirms its losses widened from 2019 to 2020 United Arab Bank (UAB) has blamed its exposure to NMC, as well as some legacy issues and the COVID-19 pandemic for its recent losses, which widened in 2020. The bank reported a net loss of 667.3 million dirhams ($182 million) for...

February 15, 2021 no comments 270
Bank's rigorous approach to cost resulted in a reduction of 7.7% year on year in operating expenses Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), delivered strong recovery of 73% growth in net profit in H2 2020 compared to H1 2020 despite the continuing macroeconomic effects of the...

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