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The COVID-19 pandemic in the United Arab Emirates is part of the worldwide pandemic of coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first confirmed case in the United Arab Emirates was announced on 29 January 2020. It was the first country in the Middle East to report a confirmed case.
The Targeted Economic Support Scheme (TESS) is a stimulus package launched by the Central Bank of the United Arab Emirates in March 2020 in response to the economic impacts of the COVID-19 pandemic.
The United Arab Emirates announces that unvaccinated citizens will be banned from travel and that vaccinated citizens will need to receive a booster dose of the COVID-19 vaccine beginning on January 10. [2] 3 January - Houthi forces capture a United Arab Emirates-flagged cargo ship, the Rwabee, off Al Hudaydah, Yemen.
DFM is one of three stock exchanges in the UAE. Abu Dhabi Securities Exchange (ADX) also lists mostly UAE companies and NASDAQ Dubai was set up to trade international stocks. DFM and ADX are both governed and regulated by the Securities and Commodities Authority (SCA). SCA has the authority to impose laws and standards in which DFM and ADX have ...
Enhancing the UAE's position as a global destination for pioneering future industries. Attracting local and international industrial investments by creating an appropriate business environment. Providing all administrative services and facilities. Establishing a culture of innovation in the institutional work environment.
The news comes as the company announced it had chosen to list in London, in an initial public offering (IPO) which could value the company up to $7bn (£5bn). Deliveroo pledges £50m COVID ...
In July 2022, it became the first cooperative society in the UAE to be listed on the Dubai Financial Market. [7] In preparation for the 2020 Ramadan period during the ongoing COVID-19 pandemic, the company signed contracts exceeding AED 400 million (US$108 million) with suppliers to ensure adequate food availability throughout the month. [10]
Some 108 companies conducted their IPO in 2023 and raised $19.4 billion, according to Renaissance Capital. Those figures rose markedly from the 2022 doldrums of 71 IPOs and just $7.7 billion raised.