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

UAE extends ban on flights from India, 13 other countries

    A notice to airmen (NOTAM) issued by the UAE civil aviation authority informed the airlines of suspension of flight services to and from 14 countries including India till July 21 in view of the Covid second wave.

    In India, the expats have been affected badly following the suspension of regular flights between the UAE and India since late April, media reports in the country said.

    “Though one-way cargo flights to the UAE are allowed to bring passengers to India on return trips under the bilateral air bubble pact, the Non-Resident Indians are reluctant to book tickets during the forthcoming festival season anticipating the third wave of Covid,” a report in The New Indian Express said.

    The UAE has been trying hard to keep the Covid cases under control and it fears that allowing flights from the worst-hit countries will torpedo the prospects of its economic recovery.