Friday, May 31, 2024

Finance

UAE’s online retail has some growing up to do

Grocery shopping and actual delivery are moving on two parallel tracks and speeds By now, I have scheduled deliveries until the end of 2020. This is not entirely my fault, though. I have been home since March 24, the day...

COVID-19: Air India, Indian Navy on standby to evacuate Indians from Gulf

10 million Indians live in Gulf countries, many of them in port cities New Delhi: The national carrier Air India and Indian Navy have been asked to be on standby with their aircraft and warships for the mass evacuation of...

Bodies of three men finally make it back to India after being returned to UAE

Three men hadn’t died of coronavirus but were initially rejected by Indian authorities Abu Dhabi: The remains of three Indians who died in the UAE and were flown to Delhi on Friday only to be returned to Abu Dhabi due...

Coronavirus: Mysterious blood clots are Covid-19’s latest lethal surprise

So-called "thrombotic events" occur for a variety of reasons among intensive care patients, but the rates among Covid-19 patients are far higher than would be otherwise expected. After nearly three weeks in an intensive care unit in Los Angeles, doctors...

UAE’s Mars Hope Probe on its way amid Covid-19 pandemic

The Mars probe has been transferred from Dubai's MBRSC to its launch site on the Tanegashima island in Japan. The UAE Space Agency and the Mohammed Bin Rashid Space Centre (MBRSC) announced the successful completion of the Hope probe's transfer...

Asian stocks fall, Europe set to follow on doubts over coronavirus drug

Asian shares are lower on Friday after an early rally on Wall Street suddenly vanished. Asian shares and US stock futures fell on Friday, spurred by doubts about progress in the development of drugs to treat Covid-19 and new evidence...

Emirates announces limited passenger flights to 8 cities

Passengers are required to apply social distancing guidelines during their journey and wear their own masks. Dubai-based Emirates plans to operate passenger services to Frankfurt (April 25, 27, 29), Jakarta (April 26), Johannesburg (April 25), Lagos (April 26), London Heathrow...

US oil firm Continental Resources halts shale output, seeks to cancel sales

Continental is exposed to weak prices because it did not hedge future production. The largest oil producer in North Dakota has halted most of its production in the US state and notified some customers it would not supply crude after...

26% decline in sales of homes in January-March in top-9 cities of the country: report

New Delhi The economic slowdown and the outbreak of the corona virus have had a major impact on the sale of homes. According to a report, the sales of houses in 9 major cities of the country declined by 26 percent...

33 crore poor benefited from Pradhan Mantri Garib Kalyan Yojana, assistance of 31,235 crore

New Delhi, ANI. The Finance Ministry on Thursday said that till April 22, under the Pradhan Mantri Garib Kalyan Yojana, more than 33 crore poor have been given financial assistance of Rs 31,235 crore. According to information provided by the ministry,...

Latest News

UAE residence visa: 4 health centres to stop medical fitness test services

Some UAE public health centres will stop offering medical fitness tests for residence visa applications starting June 3, authorities...

UAE to announce fuel prices for June

Fuel prices for June are expected to drop in the UAE after global oil prices mostly traded lower in May than last month. Globally, Brent...

Saudi Arabia increases the capacity of the Haramain Express train during the Hajj season

Today, Wednesday, the Kingdom of Saudi Arabia revealed...Increasing the capacity of the Haramain Express TrainDuring the Hajj season of 1445 AH. Hajj season According to the...

The Saudi Public Investment Fund focuses more on local projects

About 27% of the Public Investment Fund's assets are located outside Saudi Arabia Plan Public Investment Fund Saudi Arabia to increase annual spending to up...

Saudi Arabia issues international bonds worth $5 billion

The success of the international sukuk issuance is a positive indicator of international investors’ confidence in the Kingdom’s economy and Saudi Arabia’s strategy to...