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

Covid-19 variant: Saudi suspends UAE flights

    • The move comes seven weeks after the oil-rich kingdom permitted fully immunised citizens to travel abroad

    • The UAEĀ  is a key leisure destination for Saudis.

    Saudi Arabia has suspended flights to the UAE, Ethiopia and Vietnam, including the neighbouring United Arab Emirates, to protect against “a mutated strain of the virus,” the Saudi Press Agency (SPA) has said.

    Earlier, the oil-rich kingdom had permitted fully immunised citizens to travel abroad, after a ban on foreign trips that lasted more than a year.

    The UAE announced last week it had recorded cases of the Delta variant and it has suspended flights to and from India.

    The UAEĀ  is a key leisure destination for Saudis.

    Flights to and from the UAE, alongside those to Ethiopia and Vietnam, were suspended from Sunday, an interior ministry official said, quoted by the SPA.

    Saudi citizens and residents returning from these countries will be required to quarantine for 14 days, it added.

    Citizens would be banned “from travelling directly or indirectly, without obtaining prior permission from… authorities”.

    The decision was taken due to “the spread of a new mutated strain of the (Covid-19) virus”, it added, without explicitly mentioning the increasingly globally emergent Delta variant.