INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

UK moves UAE from red list to amber, eyes boost in travel sector

  • The UK government's announcement comes as the situation in the country has improved
  • The country remains committed to opening up international travel safely, says official

The UK government announced on Thursday that the UAE will be moved from the red to the amber list, as the situation in the country has improved.

Bahrain, India and Qatar were also moved to the amber list, according to a statement issued by the UK Government.

All changes announced on Thursday will come into effect at 4 am on Sunday, 8th August 2021 (UK time).

Transport Secretary Grant Shapps said, “We are committed to opening up international travel safely, taking advantage of the gains we’ve made through our successful vaccination programme, helping connect families, friends and businesses around the world.

“While we must continue to be cautious, today’s changes reopen a range of different holiday destinations across the globe, which is good news for both the sector and travelling public,” he added.