Friday, November 6, 2026

Finance

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,...

Dearness Allowance: Central employees will not get DA increased till July 2021, government’s decision

New Delhi, ANI . The central government, which is engaged in overcoming the corona virus epidemic, has started cutting its expenses in view of the increasing economic burden. In this direction, the government has banned the new installments of dearness allowance to...

Rainy week forecast for parts of UAE starting from today

The weather is expected to be dusty and windy on Tuesday. Rain is expected over different areas of the UAE, starting Tuesday, according to the National Centre of Meteorology. NCM has issued the weather forecast for the coming few days: The weather...

Coronavirus: How to cope with debt in UAE after a lay-off, pay cut

Financial consultants offer the best way out under the current circumstance Dubai: As the coronavirus outbreak threatens to rob families of lives and livelihoods globally, the question of coping with shrunken or no incomes following salary cuts and job losses...

Latest News

UAE energy firms turn to automation and AI to boost resilience

Emerson officials explain that advanced automation and AI are reducing outage times and improving safety in the UAE’s energy industry. They stress that while digital tools aid resilience, physical redundancy still protects capacity.

UAE teen Riyan Malhan clinches historic Youth Olympic badminton gold

Riyan Malhan became the first Emirati to capture a Youth Olympic gold medal in badminton, beating France’s Mady Sow in the final. The triumph follows his earlier Asian junior titles and highlights UAE’s rising badminton program.

Moroccan King Sets Priorities for Southern Regions After UN Mission Ends

King Mohammed VI chaired a meeting in Rabat to reinforce Morocco’s territorial integrity and the well‑being of residents in the south. He directed ministries to act on security, development and international commitments after the UN mission concluded.

Bahrain’s King welcomes Iraqi Prime Minister, praises growing ties

King Hamad of Bahrain welcomed Iraqi Prime Minister Ali Fadh Al‑Zaydi, noting significant progress in bilateral relations. Both leaders pledged continued collaboration on security and regional stability.

DIP Holding Sets IPO Price at Dhs1.12 per Share, Valuing Firm at Dhs9.7bn

DIP Holding announced a final IPO price of Dhs1.12 per share, representing a Dhs9.7bn valuation. The offering, representing 20% of its capital, is expected to generate Dhs1.9bn in proceeds.