Nakheel has announced a AED230 million relief package for its business partners. It covers rent relief for tenants, including retainers, restaurants and business owners in their malls and master communities.
The developer is also waiving administrative charges for a number for services and reducing district cooling charges.
Omar Khoory, managing director of Nakheel Malls, told ARN why they’re doing this.
Airbus says most of its recalled 6,000 A320 jets now modified
Airbus fleets were returning towards normal operations on Monday after the European planemaker pushed through abrupt software changes faster than expected, as it wrestled with safety headlines long focused on rival Boeing.
GCAA confirms safe operation of Airbus aircraft
The General Civil Aviation Authority (GCAA) of the United Arab Emirates confirmed on Sunday that all UAE operators of Airbus A319, A320, and A321 aircraft had fully complied with the Emergency Airworthiness Directive issued by the State of Design authority.
OPEC+ set to hold oil output policy steady
OPEC+ will likely leave oil output levels unchanged at its meetings on Sunday, four OPEC+ sources said as the group slows down its push to regain market share amid fears of a looming supply glut.
Dubai sets new rules to regulate petroleum trading
Dubai has introduced new regulations related to the trading of petroleum products across the emirate.
DXB set for a strong year-end travel peak with 10 million guests expected
Dubai International (DXB) is preparing for a strong year-end travel wave, with forecasts indicating over 10 million travellers set to pass through the airport from November 27 to December 31.
