Etihad Airways has announced plans to partially resume passenger flights next month, if the UAE government lifts travel restrictions.
In a statement, the airline said it plans to operate a reduced network of services from May 1 to June 30, with the aim of gradually returning to a fuller schedule when the global situation improves.
The Abu Dhabi-based carrier is currently operating a growing number of special passenger flights to repatriate foreign nationals in the UAE, and to carry essential belly-hold cargo.
To date, the airline has also repatriated almost 600 UAE nationals on return services.
"The monumental challenges being faced by all airlines, and our customers, have been beyond measure," said Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group.
"However, we remain cautiously optimistic and will push ahead with our plans to resume normal flying, while striving to better serve and support our customers and our employees."
The Dubai Gold and Commodities Exchange (DGCX) is set to launch a new same-day gold trading contract on Monday, June 22, in a move aimed at making physical gold transactions faster and more efficient.
Kuwait Petroleum Corporation (KPC) has plans to raise the country's oil production to two million barrels per day (bpd) within a week, amid the reopening of the Strait of Hormuz under a US-Iran peace agreement, said KPC's Deputy Chairman and CEO, Sheikh Nawaf Saud Al-Sabah.
In a first for the UAE, the Ministry of Finance has launched the Sovereign Retail T-Sukuk Programme, giving citizens and residents access to a government-backed, Shariah-compliant investment opportunity.
Emirates Airline has introduced the world's first conflict cover for travel that includes medical reimbursement of up to $25,000, hotel stays "during airport closures" and a free trip extension of up to 30 days, offering travellers "greater peace of mind".
Dubai International Airport (DXB) is likely to make an 80-85 per cent operational recovery by the end of 2026 following the regional developments, announced CEO of Dubai Airports Paul Griffiths.
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