Press Dossier   By Date  08/09/2020
Dubai's Emirates refunds Dh5 billion to customers
Dubai's flagship airline Emirates on Monday revealed that it has returned over Dh5 billion ($1.4 billion) in Covid-19 related travel refunds to date.
Abu Dhabi Duty Free launches home delivery service
Abu Dhabi Airports Duty Free, a subsidiary of Abu Dhabi Airports, has launched a new home delivery service, allowing residents across the UAE to buy Abu Dhabi Duty Free products from the comfort of their homes.
UAE posts Dh9.75 billion in Q2 budget surplus
The UAE federal government posted a second-quarter budget surplus of around Dh9.75 billion, up from a surplus of Dh1.8 billion in the first quarter 2020.
Oil falls after Saudi Arabia cuts prices, China slows imports
Oil prices fell on Monday as Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and uncertainty over Chinese demand clouds the market’s recovery.
Population report calls to reduce surplus expats
A parliamentary report seeking to rectify a massive imbalance in the demographic structure will call to reduce what it calls “surplus expats” as soon as possible, head of the committee preparing the report said yesterday.
Deputy Amir receives copy of Central Bank’s annual report
His Highness the Deputy Amir and Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received at Seif Palace yesterday Central Bank of Kuwait Governor Dr Mohammad Al-Hashel who presented a copy of the bank’s 48th annual report for the fiscal year 2019-2020.
Assembly holds sessions for budgets, no-confidence votes
The National Assembly is set to hold sessions today and tomorrow to discuss budgetary matters relating to government spending, Speaker Marzouq Ali Al-Ghanem announced.
Bahrain hires banks for second bond issuance of 2020
Bahrain has hired banks to arrange a multi-tranche sale of US dollar-denominated sukuk and bonds that would be the country’s second bond issue this year, a document from one of the banks arranging the deal showed on Tuesday.
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