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ABU DHABI NEWS

Local Time - 9:26:17 PM :
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51 UAE listed companies to pay AED36.91 bn in dividends for 2019
To the tune of AED36.91 billion in cash dividends for 2019 have been proposed to date by 51 companies listed in the UAE capital markets.

Violators of preventive measures to face fine up to AED50,000
According to regulations approved by the UAE Cabinet on violations of the preventive measures to contain the coronavirus, third-time violations will be referred to the federal crisis and emergency prosecution.

The CBUAE and UBF clarify prioritising working remotely to banks, financial institutions and exchange houses
To ensure continuation of the services, customers are requested to use digital and online channels to process their banking and financial transactions.

UAE participates in virtual G20 Leaders Summit
The summit discussed ways of coordinating global efforts and enhancing joint cooperation and solidarity to combat the spread of coronavirus.

TRA puts on hold disconnection of mobile phone service due to ID expiration
This step is part of the precautionary measures and procedures taken by the UAE as a response to the Novel Corona virus situation.

Consumer Goods Available 24/7 At Predefined Price Caps: Abu Dhabi Cooperative Society
In a statement today, the Society affirmed its commitment not to exceed the predefined price cap for all commodities, noting that home delivery services will be available soon.

New TRA list of online shopping in UAE includes 44 stores
Telecommunications Regulatory Authority, TRA, has issued a new list of purchasing application of online stores in the UAE bringing the total number of e-stores to 44.

UAE Launches Fund To Unify Anti-Coronavirus Efforts
The UAE today launched a fund for unifying national efforts to combat the coronavirus, COVID-19, pandemic.

ITC Operates New Buses And Trips To Prevent COVID-19 Spread
The Integrated Transport Centre, ITC, of the Department of Municipalities and Transport in Abu Dhabi announced that it has added 36 buses and 122 trips to its public bus network on routes with high demand during peak hours.

EGA Achieves Adjusted EBITDA Of AED 2.5 Billion ($693 Million) In Difficult Market Conditions
2019 was a challenging year for the global aluminium industry with lower prices for finished metal and proportionally much higher prices for raw materials in H1 including alumina driven by global supply shortage due to the curtailment of a major refinery in Brazil.

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