DUBAI: Etihad Airways announced Sunday temporary changes to their routes due to increasing international and national regulations regarding the spread of coronavirus.
The national carrier of UAE, based in Abu Dhabi, said the modifications are also meant to protect their customers and staff.
For flights to Italy, all trips to Milan are suspended until April 30. Direct flights to and from Rome have also been suspended. Two flights (EY85 and EY86) until April 30, and another two (EY83 and EY84) untill June 30.
Flights to Beirut in Lebanon, Istanbul in Turkey, Casablanca and Rabat in Morocco, Riyadh, Jeddah, Dammam and Medina in Saudi Arabia will be cancelled from March 16 until 31.
Also, trips to Amman in Jordan, Madrid and Barcelona in Spain will be suspended starting March 17 till 31. Etihad has earlier suspended flights Kuwait until March 31.
All flights to Hong Kong have been cancelled until June 30, and in China flights to Shanghai cancelled until March 28, and Chengdu until further notice.
Etihad has cancelled routes to Nagoya, Japan until June 30.
The airlines have also reduced the frequency of flights to other areas. Flights to Jakarta, Indonesia, have been reduced from double-daily to daily for a period starting March 18 until June 30.
Flights to Seoul, South Korea, will also be reduced from daily to four times weekly between March 30 till April 30.
Meanwhile, flights to Bangkok, Thailand, will be reduced from triple-daily to double-daily between March 21 and until May 2.
Etihad has also reduced the frequency of flights to some Gulf Cooperation Council (GCC) countries, such as Bahrain and Muscat until March 31.
Etihad Airways changes schedule amid coronavirus regulations
https://arab.news/96eh9
Etihad Airways changes schedule amid coronavirus regulations
- All trips to Milan are suspended until April 30
- Changes have been implemented for the safety of passengers and staff
Closing Bell: Saudi stocks slip as Tadawul falls 1% amid broad market weakness
RIYADH: Saudi stocks fell sharply on Tuesday, with the Tadawul All Share Index closing down 108.14 points, or 1.03 percent, at 10,381.51.
The broader decline was reflected across major indices. The MSCI Tadawul 30 Index slipped 0.78 percent to 1,378.00, while Nomu, the parallel market index, fell 1 percent to 23,040.79.
Market breadth was strongly negative on the main board, with 237 stocks falling compared to just 24 gainers. Trading activity remained robust, with 164.7 million shares changing hands and a total traded value of SR3.19 billion ($850.6 million).
Among the gainers, SEDCO Capital REIT Fund led, rising 2.73 percent to SR6.77, followed by Chubb Arabia Cooperative Insurance Co., which gained 2.69 percent to SR20.20.
National Medical Care Co. added 1.72 percent to close at SR141.60, while Alyamamah Steel Industries Co. and Thimar Advertising, Public Relations and Marketing Co. advanced 1.57 percent and 1.13 percent, respectively.
Losses were led by Al Masar Al Shamil Education Co., which tumbled 8.36 percent to SR24.65. Raoom Trading Co.fell 6.75 percent to SR64.20, while Alkhaleej Training and Education Co. dropped 6.60 percent to SR18.12 and Naqi Water Co. declined 5.51 percent to SR54.00. Gulf General Cooperative Insurance Co. closed 5.44 percent lower at SR3.65.
On the announcement front, Chubb Arabia Cooperative Insurance Co. signed a multiyear insurance agreement with Saudi Electricity Co. to provide various coverages, expected to positively impact its financial results over the 2025–2026 period. The deal will run for three years and two months and is within the company’s normal course of business.
Meanwhile, Bupa Arabia for Cooperative Insurance Co. announced a one-year health insurance contract with Saudi National Bank, valued at SR330.2 million, covering the bank’s employees and their families from January 2026. Despite the sizable contract, Bupa Arabia shares fell 0.8 percent to close at SR137, weighed down by the broader market weakness.
In contrast, United Cooperative Assurance Co. revealed an extension of its engineering insurance agreement with Saudi Binladin Group for the Grand Mosque expansion in Makkah. The contract value exceeds 20 percent of the company’s gross written premiums based on its latest audited financials and is expected to support results through 2026. However, the stock came under selling pressure, ending the session down 4.51 percent at SR3.39.
