Having trouble reading this email?, See it in your browser Sunday, 5 April 2020 UAE doubles stimulus to $70bn to combat coronavirus impact The central bank has reduced by half to 7.0 percent the reserves banks are required to keep for... Dubai lockdown: everything you need to know Exempt sectors, public transport and jail time: all the details surrounding the government's... Abu Dhabi Commercial Bank requests NMC be placed in administration Embattled NMC has said such a move would endanger lives during coronavirus pandemic Dubai Islamic Bank, Noor Bank exposure to NMC at $541m Abu Dhabi Commercial Bank has requested NMC be placed in administration Dubai Islamic slumps as NMC exposure risks wiping 45% of profit Dubai-based bank had about $425m of exposure at the end of March, while NMC owed its subsidiary... Free bus services and 50% off taxis for essential workers during Dubai lockdown Metro and tram services suspended for the duration of two-week extended disinfection period Gulf's top two economies suffer record declines after virus hit Non-oil economies of energy-rich Gulf states are likely to go in reverse this year Kuwait's stimulus package offers $16.5bn in additional lending, KBA chairman Adel Al-Majed has said the global crisis posed by coronavirus is worse than the financial... Aramco delays oil pricing amid Saudi-Russia row on oil cuts Pricing decision may affect about 14 million barrels a day of regional oil exports Coronavirus: Shopping malls in Abu Dhabi to remain closed 'until further notice' Entertainment destinations, cinemas and gyms also ordered to stay shut to mitigate spread of... Trump threatens tariffs on oil if Saudi, Russia spat continues US President says oil giants risk 'destroying themselves' over continued fued Bahrain distributing bracelets to track active cases of coronavirus Electronic bracelet notifies monitoring station when they are 15 meters away from their phone Dubai challenges residents with 'Marathon at Home' initiative Residents tasked with completing 42.195km course of their choice inside their house Photos In pictures: Makkah's Grand Mosque disinfected six-times daily More than 3,500 workers and 85 machines are being used six times a day to disinfect the Grand... Things to know about the suspension of Dubai public transport It comes following the announcement by Dubai's Supreme Committee of Crisis and Disaster... In pictures: Lamborghini starts production of surgical masks and medical shields Automobili Lamborghini is converting departments of its super sports car production plant in Sant... Videos Video: India is promised $1 billion to fight Covid-19 pandemic as deaths rise The World Bank has pledged one billion dollars to India to help tackle the coronavirus pandemic... Video: Could jet biofuel save air travel? In the past, the use of biofuels was usually driven by a lack of petrochemicals. Video: Can UAE oyster farmers rival their global competitors? In the deep waters of Dibba Bay, in the northern emirate of Fujairah, clusters of mollusks hang... Editor's Choice Dubai orders 24-hour lockdown for Covid-19 sterilisation programme Extensive medical tests to be carried out across densely populated areas of the emirate UAE officially proposes October 1, 2021 start for World Expo 2020 Dubai Final decision on a change of dates can only be made by a two-thirds majority vote of BIE member... Arabian Business enables free digital magazine editions ITP Media Group move is in line with the latest government decree reducing the circulation of... Opinion If we're all in this together, Dubai schools have to do more It's easy to type #inthistogether at the end of a media post, and hard to act on it for real,... For editorial queries, please contact Neil Halligan Editor, ArabianBusiness.com [email protected] Shane Mc Ginley Editorial Director, Arabian Business [email protected] For advertising enquiries, please contact Joe Chidiac Group Commercial Director, Arabian Business, CEO Middle East, Esquire, Rake and Revolution Direct +971 4 444 3121 Mobile +971 55 459 2700 [email protected] © 2020 ITP Digital Media Inc. All rights reserved. Terms   Policy