Oil producers intend to cut 10-15 mn barrels: Kuwait
Kuwait’s Oil Minister Khaled al-Fadhel said the reduction is to “restore balance to the market and prevent further drops in the prices” Source: Arabian Business Industry News (ITP.NET)
Michael Heinz
Saudi wealth fund builds $200m stake in Norway's state oil company
Equinor shares slumped just over 30 percent this year before rising 18 percent last week Source: Arabian Business Industry News (ITP.NET)
Huda Beauty founder Huda Kattan and family to forgo salaries until end of year
Beauty powerhouse made the move to protect employees during Covid-19 pandemic Source: Arabian Business Industry News (ITP.NET)
Coronavirus: Dubai puts temporary stop on weddings and divorces
Measures announced by justice department to prevent spread of coronavirus Source: Arabian Business Industry News (ITP.NET)
UAE announces 300 new coronavirus cases, total now 2,659
An additional 53 people have recovered from the disease, bringing the total to 239 Source: Arabian Business Industry News (ITP.NET)
Medical staff at Aster DM Healthcare quarantined by Covid-19 virus
Around 20 doctors and nurses placed in quarantine after coming into contact with patients carrying coronavirus Source: Arabian Business Industry News (ITP.NET)
Alabbar hits back at 'lies and nonsense' over claims Emaar projects suspended due to coronavirus
Emaar chairman says all sites continue to operate Source: Arabian Business Industry News (ITP.NET)
Flydubai opens up repatriation flights to Pakistan and India
Nationals will be flown back to their respective countries on April 15 Source: Arabian Business Industry News (ITP.NET)
Tabreed expects more deals after $675 million Dubai acquisition
Tabreed has bought an 80% stake in a Dubai district cooling facility from Emaar Source: Arabian Business Industry News (ITP.NET)
Kuwait announces 78 more cases of coronavirus
According to the Ministry of Health, the total confirmed number of coronavirus cases in Kuwait now stands at 743 Source: Arabian Business Industry News (ITP.NET)