The company is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations.
The company is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations.
Dubai Financial Market jumped more than 2.5% while Abu Dhabi Securities Exchange gained 1.1% in the first hour of trading.
All offices are allowed to resume to normal operations and working hours.
Participants, representing aviation and hospitality partners of Dubai Tourism examined joint initiatives to ensure the industry's gradual return to normalcy.
Businessmen and corporate executives said travel restrictions, the global economic slowdown and dwindling spending power hit investor confidence
Danube Group ran a massive charity drive during the holy month of Ramadan.
Sources say each mall will determine their own working hours.
The World Bank has predicted that, globally, remittances would decline sharply by about 20 per cent in 2020.
Inspections during the first week of Ramadan revealed that 73 per cent of the shops were fully complied with the precautionary guidelines.
Unitll the first week of May, all shops inside malls, apart from hypermarkets, groceries and pharmacies, were shut.