News Archive
51 UAE listed companies to pay AED36.91 bn in dividends for 2019 (27 March 2020)
To the tune of AED36.91 billion in cash dividends for 2019 have been proposed to date by 51 companies listed in the UAE capital markets.



Violators of preventive measures to face fine up to AED50,000 (27 March 2020)
According to regulations approved by the UAE Cabinet on violations of the preventive measures to contain the coronavirus, third-time violations will be referred to the federal crisis and emergency prosecution.



The CBUAE and UBF clarify prioritising working remotely to banks, financial institutions and exchange houses (27 March 2020)
To ensure continuation of the services, customers are requested to use digital and online channels to process their banking and financial transactions.



UAE participates in virtual G20 Leaders Summit (27 March 2020)
The summit discussed ways of coordinating global efforts and enhancing joint cooperation and solidarity to combat the spread of coronavirus.



New TRA list of online shopping in UAE includes 44 stores (26 March 2020)
Telecommunications Regulatory Authority, TRA, has issued a new list of purchasing application of online stores in the UAE bringing the total number of e-stores to 44.



Consumer Goods Available 24/7 At Predefined Price Caps: Abu Dhabi Cooperative Society (26 March 2020)
In a statement today, the Society affirmed its commitment not to exceed the predefined price cap for all commodities, noting that home delivery services will be available soon.



National Ambulance releases video to promote Stay Home campaign (26 March 2020)
Staying at home also allows the emergency services to do their job whilst also protecting people from contracting the virus, the pre-hospital emergency care provider said.



ITC Operates New Buses And Trips To Prevent COVID-19 Spread (26 March 2020)
The Integrated Transport Centre, ITC, of the Department of Municipalities and Transport in Abu Dhabi announced that it has added 36 buses and 122 trips to its public bus network on routes with high demand during peak hours.



EGA Achieves Adjusted EBITDA Of AED 2.5 Billion ($693 Million) In Difficult Market Conditions (26 March 2020)
2019 was a challenging year for the global aluminium industry with lower prices for finished metal and proportionally much higher prices for raw materials in H1 including alumina driven by global supply shortage due to the curtailment of a major refinery in Brazil.



Ministry of Interior allows driving licence renewal through smart services from 29th March (26 March 2020)
The Ministry of Interior, MoI, announced that motorists may apply for the renewal of their driving license, which expire over the next three months using the available smart applications.




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