All relevant agencies are prepared to tackle the anticipated weather fluctuations by implementing proactive measures
The first half of 2020 was defined by the onset of the Covid-19 outbreak and by the collapse in oil prices. These events triggered global recessionary conditions, which have hit energy producing countries hard due to the close correlation of their economic cycles to oil prices which fell sharply in the second quarter of the year. Health imposed lockdowns of extended durations exacerbated the economic fallout as retail and corporate activities were deeply impacted.
Meshal Al Othman, chairman of Ahli United Bank, said: "AUB's response was rapid and adaptative to this new and evolving situation, which we expect to continue into the future. Our priorities were, and will continue, to ensure a safe operating environment for all staff, clients and counterparts, with a seamless remote capability to conduct business and support our clients in a very difficult and challenging environment, and maintain our earnings capacity in a prudent manner to be able to meet shareholders' expectations."
All relevant agencies are prepared to tackle the anticipated weather fluctuations by implementing proactive measures
Concerned authorities in Dubai confirm their readiness to deal with the prevailing conditions
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According to the Met Department, inclement weather is expected to begin from the west by Wednesday night, extending over most areas of the country on Thursday
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National Emergency, Crisis and Disaster Management Authority confirmed its readiness to deal with inclement weather
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