Higher oil OUTPUT to help UAE, Saudi Arabia offset Covid-19, lower crude prices
Higher oil OUTPUT to help UAE, Saudi Arabia offset Covid-19, lower crude prices
Founder ''will come out with a candid account of the true facts behind the turmoil when the time comes'
Decision taken as part of CSR initiative and to strengthen UAE's position as a stable, attractive destination for investment.
Decision taken amid desire of remaining board members to focus on challenges ahead for the company
Additional measures have been taken to ensure business continuity.
Among the measures applicable to the DMCC's existing 17,000 member companies include 100 per cent waiver for late licence renewal penalties.
'E-commerce and e-logistics sectors that may benefit from this pandemic'
The tycoon has earlier donate Dh10 million to the health sector.
This is in compliance with the circular of the Dubai Executive Council to implement this rule in all departments and institutions of the Dubai government.