Emaar Malls to distribute Dh1.3b cash dividends Emaar Malls will hold its fourth annual general meeting on tuesday (tomorrow) to discuss the proposal of the board of directors to distribute cash dividends to shareholders amounting to Dh1.301 billion, representing 10 per cent of the share capital being 10 fils per share. Emaar Malls recorded full-year 2018 net profit of Dh2.230 billion, a growth of seven per cent over 2017.

Dubai To Gradually Lift All Restrictions By February 15

The Dubai’s Supreme Committee of Crisis & Disaster Management Wednesday announced the gradually lifting of all Covid-19 restrictions in the Emirate.

 

In line with the National Emergency Crisis and Disasters Management Authority’s decisions, all activities, events and social gatherings in Dubai can gradually return to full capacity by February 15.

The authorities expressed their appreciation to the community for maintaining precautionary measures. However, they stressed the need for the people to continue adhering to all preventive measures, including wearing of face masks.

Earlier in the day, the National Emergency Crisis Management Authority announced that UAE will gradually lift restrictions imposed to check the spread of the Covid-19 pandemic, as the number of infections and hospitalisations has gone down.

On Wednesday the country announced 1,538 new coronavirus infections and four deaths in the past 24 hours.

The total numbers of Covid-related cases and deaths recorded in the country are respectively 862,514 and 2,273.

The Emirates also has one of the world’s highest vaccination rates.