GulfNews UAE

COVID-19: Want to overcome depression? Here are vital tips from Dubai doctors

Health|: Dubai: As senior citizens with mild cognitive impairment face early onset of dementia and the prospect of depression, Dr Salwa Al Suwaidi, director of Dubai Health Authority’s (DHA) Seniors’ Happiness Centre provides an insight into how to avoid depression on the occasion of World Alzheimer’s Day on September 21. The Seniors’ Happiness Centre’s Alzheimer’s support group is holding an awareness event to mark the day. Dr Al Suwaidi stressed the importance of setting a daily routine for all elders, especially those with Alzheimer’s, especially during the COVID-19 pandemic as many seniors have to face restrictions with regard to meeting their near and dear ones and also on their movement. All that can trigger depression. See more Dubai Metro turns 11 years old today Photos: Gulf News reader shares his favourite travel destinations in the UAE, Colombia, Cuba, Mexico, New Zealand, Singapore and Australia IPL in UAE: Dhoni and Chennai Super Kings in the field and on film News in pictures: Amazon to hire 100,000 people, Kerala gold smuggling, Sally to hit Mexico, Russia vaccine, UAE mid-day break, Delhi COVID tests… “Elders with mild cognitive impairment were getting depressed. I’ve noticed that in some cases, they were even having early onset of dementia. This is because they suddenly couldn’t socialise or go out as much. We have daily activities for the elders at the centre to ensure they remain socially and mentally alert and happy. But when all that stopped because of coronavirus, it really affected them,” Dr Al Suwaidi said. Having a daily routine She emphasised the importance of setting a daily routine for elders: “They should wake up at a certain time, have breakfast at a certain time, go for a walk at a set time, etc. This will ensure that they have a fulfilling purposeful day. Having a daily routine will also benefit the care giver in dealing with the case. This is the most important piece of advise that I can give to care takers, especially during this period.” The Seniors’ Happiness Centre, which is home to 20 inpatients and more than 300 outpatients, has had 2,465 visits from elders and has been of great benefit to them because of its geriatric clinic, physical medicine and rehabilitation clinic, diet clinic and social activities, to name a few. Alzheimer’s Support group holds awareness event To further raise awareness among the community about Alzheimer’s and to provide a platform for care-givers to share experiences on how to cope with Alzheimer’s, Dr Al Suwaidi said the centre’s Alzheimer’s Support Group, which was launched in 2013, is holding an event on World Alzheimer’s Day, which falls on September 21 of every year. “The centre regularly holds this support group where a multidisciplinary team educates care-givers on how to cope and handle challenges associated with Alzheimer’s. This time, the support group will discuss the social and medical aspects of dementia, rehabilitation in Alzheimer’s, common health problems in the elderly, nursing care for Alzheimer’s management, sundown syndrome and the role of family support, to name a few.” Read more Three motorists including two Emiratis killed in a head-on traffic collision in UAE Flydubai resumes Maldives flights due to ‘popular demand’ Dubai gardeners assault compatriot over professional rivalry The centre has an experienced group of doctors, specialists in geriatric medicine, physiotherapy and nutrition, as well as social and guidance specialities. It also has an advanced and sophisticated set of medical equipment, physiotherapy and fitness facilities, as well as facilities and services suitable for the elderly.

GulfNews Business

ADNOC to partner with Mubadala, ENEC on ICV programme

Energy|: Dubai: Abu Dhabi National Oil Company (ADNOC) on Sunday signed framework agreements with UAE’s sovereign wealth fund Mubadala and Emirates Nuclear Energy Corporation (ENEC) to partner on the energy giant’s In-Country Value (ICV) programme. Under the terms of the agreements, ADNOC, Mubadala, and ENEC will explore potential opportunities for collaboration in creating additional skilled employment opportunities for Emiratis in the private sector and sourcing goods and services within the UAE, the companies said in a statement. See more Midas touch: Singapore exchange touts gold to the masses Photos: Dubai cruise industry ready to set sail again Assembling a solar powered future in China Why Dubai is a ‘rising giant’ of global hotel industry Mexico holds symbolic raffle for unwanted presidential jet “The agreements will enable ADNOC and both companies collaborate to further drive the localization of goods and services across our value chains and we look forward to swiftly progressing the agreements as they offer significant potential to maximize value for the UAE,” said Rashed Saud Al Shamsi, Director, Commercial Directorate at ADNOC. “The signing of this agreement underlines the continued commitment of the Emirates Nuclear Energy Corporation, through the UAE Peaceful Nuclear Energy Program and its cornerstone Barakah Nuclear Energy Plant, to stimulating strategic sectors of the economy, supporting local companies and providing valuable jobs,” said Ali Al Zaabi, Chief Operating Officer at ENEC. The deal expands the number of entities that ADNOC has partnered with to adopt its ICV program. It has similar agreements with Abu Dhabi Department for Economic Development (ADDED), Abu Dhabi Ports, and Aldar Properties. ICV drives growth The initiative has driven more than AED 44 billion ($12 billion) back into the United Arab Emirates’ (UAE) economy and created over 1,500 private-sector jobs for Emiratis since it was launched in 2018. The agreements will see ADNOC and both companies explore the potential for further localizing strategically critical parts of their value chain as they respond to COVID-19.

GulfNews UAE

Flydubai resumes Maldives flights due to ‘popular demand’

UAE|: Dubai: Flydubai will resume flights to Malé, the capital of Maldives, from October 27 onwards. The island nation, which became open to tourists earlier this summer, has become a popular holiday destination for UAE travelers during the pandemic. This brings the number of destinations flydubai operates to 40 across its network in Africa, Central Asia, Europe, Indian Subcontinent and the Middle East, the budget carrier said in a statement. See more Photos: New products, services rolled out by Apple Get set to climb UAE’s tallest restaurant location from October 1 Mexico holds symbolic raffle for unwanted presidential jet Chinese firms bet on plant-based meat as COVID-19 fuels healthy eating trend With airline fleets grounded, plane recyclers bet on parts boom Flights will operate four times a week to Malé on Tuesdays, Thursdays, Fridays and Saturdays. Flight FZ 1569 will depart from Terminal 3, Dubai International (DXB) at 10:35 and the return flight FZ 1570 will depart from Maldives’ Ibrahim Nasir International Airport (MLE) at 23:30 (local time). “We continue to see signs of recovery as more countries start to lift restrictions on international travel. Working together, all the stakeholders in the travel industry have a role to play to safeguard travel in this new environment enabling more people to travel confidently,” said Ghaith Al Ghaith, Chief Executive Officer at flydubai. “We remain agile in our operations and committed to gradually adding more flights to further support the flow of trade and tourism around the region as we look ahead to this new way of travel in the months to come,” he added. The carrier has been steadily increasing its operations since July and continues to operate all-cargo flights and repatriation flights in addition to its published schedule.

GulfNews Entertainment

Malaika Arora feeling ‘blessed’ after end of quarantine

BollyWood|: Bollywood star Malaika Arora on Sunday stepped out of quarantine, and penned a note thanking doctors, friends, family, and fans for their support. “Out and about...M finally out of my room after so many days, it feels like an outing in itself,” wrote the 46-year-old star on Instagram. See also Photos: All wooden 'Sanctuary of Truth' Hindu-Buddhist temple and museum in Pattaya Photos: Hundreds enjoy Venice’s Historical Regatta COVID-19: In photos, Meet UAE’s food delivery heroes Mammootty turns 69: 11 things to know about the evergreen star Along with the picture she noted, “I feel so blessed to have overcome this virus with minimum pain and discomfort.” Extending thanks to her doctors she added, “A big thanks to my doctors for their medical guidance, to BMC for making this process hassle-free, to my family for their immeasurable support and to all my friends, neighbours and fans for all their good wishes and the strength that I got from your messages and support. I can’t thank you all enough in words for what everyone has done for me in these difficult times. All of you please stay safe and take care.” Celebrity followers including Neena Gupta liked the post, with many of them sending love in the comments section. On September 7, Malaika Arora posted on Instagram to announce that she has tested positive for the coronavirus and stated that she is feeling fine, is asymptomatic and will be quarantined at home.

GulfNews Business

Global markets: Selling pressure seen easing in the days to come

Markets|: Dubai: Global stock markets may have ended the last few weeks in the red and although this gave reason for further caution among investors, analysts sounded upbeat about the sell-off being mostly over. Wall Street stocks closed lower for a third consecutive week, with the key S&P 500 benchmark having lost nearly 9 per cent since touching a record high earlier this month, with losses mainly driven by the technology sector. See more Photos: Egypt's blossoming trade in fragrant jasmine flowers COVID-19 lockdown sparks entrepreneurial spirit in Venezuela Billionaire car-part supplier aims to triple sales in five years Vanishing jobs and empty offices plague Britain's retailers Photos: Czech guitar maker born of necessity woos stars But senior market analysts at lending giants Goldman Sachs, Wells Fargo and Deutsche Bank were upbeat the sell-off is past its worst. Goldman Sachs kept its end-of year S&P 500 target to a 3,600-point level by year end. The index, viewed widely as a global benchmark, currently stood at 3,300 points. In the last few weeks, a wave of bearishness swept through markets worldwide, but with this shift in stance taken on by analysts, markets could be facing brighter days ahead. Selling pressure to ease With three weeks of decline, like other indices, the S&P 500 has been under pressure from technology stocks, many of which have seen their value hugely inflated this year, as cheap cash and a faster shift to online working and shopping during the pandemic fuelled a near-unprecedented buying spree. As economic data points to an economy that is gradually recovering from the worst effects of the coronavirus crisis, investors are increasingly sensitive to anything that suggests this improvement could be derailed, or that a vaccine may not be forthcoming as quickly as they hope. However, the Federal Reserve has indicated that, while it currently has no plans to inject any fresh cash into the financial system and that it will also be able to keep US interest rates near zero until at least 2023, it is confident that economic growth will continue to improve. Fed move to play out more “Going forward, the rising concern surrounding US Fed’s monetary policy becoming less effective as the pace of recovery is slowing down will continue to play out within the global equity markets,” said Iyad Abu Hweij, managing director at Allied Investment Partners. Alongside its peer S&P 500 benchmark, the Nasdaq is around 12 per cent below record highs touched earlier this month. But there is reason for hope as both the indices are still up by 20 per cent and 3 per cent, respectively so far this year, regardless of the turbulence in the month so far. Goldman Sachs saw the S&P 500 to be at 3,800 points by mid-2021, based on hopes that a vaccine will be widely distributed by the first quarter of 2021. Market watchers at Wells Fargo, while echoing the same optimism and flagging that the worst may have passed, warned of possibly more volatility ahead. Meanwhile, Deutsche Bank said the put-call ratio, which measures the number of bearish contracts compared to bullish contracts, had normalized somewhat with the correction, after having fallen to the lower end of its 10-year range in recent weeks, reflecting extreme investor optimism. UAE bourses begin week on shaky footing Both the Dubai and Abu Dhabi benchmarks started the week on a shaky footing, even as investor sentiment in the energy-dependant region got a boost from soaring oil prices. Dubai’s main index ended marginally lower at 0.02 per cent, after trading largely in the negative through the day – briefly dropping as much as 0.8 per cent. Both the Dubai and Abu Dhabi benchmarks started the week on a shaky footing, even as investor sentiment in the energy-dependant region got a boost from soaring oil prices. Image Credit: Gulf News Declines from lenders Emirates NBD Bank and Dubai Islamic Bank were cushioned by gains from Emaar Development and Emaar Properties. However, the Abu Dhabi bourse edged up 0.8 per cent, with the country’s largest lender First Abu Dhabi Bank edging up 0.2 per cent. In the Middle East region, sentiments continued to remain broadly positive during the week as four out of the seven regional indexes closed in green, supported by strong gains in oil prices and improving business activity. Oil prices recorded a gain of 8.34 per cent during the week, supported by an unexpected drawdown in US oil inventories and Saudi Arabia’s efforts to push OPEC and its allies to comply with output quotas. “For the MENA region, investors will continue to follow the trend in global markets and the developments in oil prices to accordingly position themselves in the markets,” Iyad Abu Hweij added. Elsewhere, the Saudi Arabia stock market rose, helped by gains in National Petrochemical Company and Saudi Industrial Investment Group (SIIG) after the duo said they were in merger talks, while other Gulf markets were subdued in early trade.