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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

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Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

UAE warns public against flouting Covid-19 measures, spreading rumors

Strict Social Distancing is to be maintained at public places in the UAE
  • The Federal Emergency Crisis and Disasters Prosecution says such actions are punishable under law.
  • The prosecution urged community members and social media users to act responsibly when sharing or circulating COVID-19-related news.

The UAE’s Federal Emergency Crisis and Disasters Prosecution has warned the public not to flout or spread rumors about the preventive measures adopted by authorities to curb the spread of COVID-19.

The Prosecution noted that such actions are punishable under the law related to combatting rumors and cybercrimes. The agency urged the community members and social media users to act responsibly when sharing or circulating any COVID-19-related news, and adhere to the precautionary measures against COVID-19.

“The recent circulation of photos and videos on social media spreading information from some COVID-19 patients on the Al-Hosn application, accompanied by comments and songs which are mocking the precautionary measures and calling on individuals to flout them,” the Prosecution said.

“This threatens the national efforts to address the pandemic, we, therefore, call upon members of the community to refrain from this behavior, which is punishable by the law,” it added.