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00:00 The shares related to the air traffic and the air traffic controllers in the Dubai financial market
00:05 have been under financial pressure in the last two sessions,
00:08 which came in conjunction with the exceptional weather conditions that the UAE has been experiencing recently.
00:16 Let's focus on these movements that we have seen, on the most prominent shares that have been exposed
00:22 and have a direct relationship due to the cut in the roads and transportation from their side
00:29 as well as many of the facilities that have been affected.
00:32 Here we are talking about the Deewa share that was affected during two sessions
00:36 and was downgraded to the lowest level in five months and was downgraded to 1.7% in the water.
00:42 We are talking about the last two sessions, which lost 2 billion dirhams.
00:46 This share and the Dubai Electricity and Water Authority, which is responsible for electricity in Dubai.
00:52 We have seen a specific cut in the electricity for a period of time due to the heavy rains that the UAE has been experiencing.
01:00 We are talking about large quantities that the UAE has not seen since the rains fell more than 70 years ago.
01:06 This is regarding Deewa.
01:08 There were also other shares that had nothing to do with the air traffic.
01:11 The number of flights, both the departure and the next, has been canceled for Dubai airports.
01:17 And of course, the airline companies that operate in the country were affected.
01:22 We are talking about the Arab share of the plane, which declined by almost 4%
01:26 and lost more than 500 million dirhams during the last two sessions of circulation.
01:33 In contrast to other shares, as well as for the facilities, we are talking about the Salek share.
01:39 This is a company specializing in the passage gates, due to the cut in the traffic.
01:46 We have seen how the traffic was suspended on the streets of the UAE, especially in Dubai.
01:53 We have seen that this share was affected by these developments.
01:57 More than a billion dirhams were lost, which was accumulated by the Salek company
02:02 and the decline to the lowest level in the month in terms of the share movements
02:06 before the gradual passage and natural movement of the streets returned.
02:13 We have seen the rapid climate conditions that the state has not witnessed since 1949.
02:20 We have seen the longest rainfall in the UAE.
02:24 In response, the President of the UAE stated that he is studying the situation of infrastructure and damage reduction,
02:31 as well as protecting all the victims in the UAE due to this exceptional weather situation.
02:38 As for the continuation of work and study, until the 19th of April at the end of the week,
02:46 work was continued from a distance due to the delay in reaching and ending the work that was on the roads
02:55 and that was direct, and we have seen the reduction of the damage that these streets have suffered
03:00 and the lack of access to workplaces and study places.
03:05 In statements made by the Arab CNBC, the Chairman of the Dubai Airport Executive Board
03:10 has indicated that the flights from and to Dubai Airport will be in the next 24 hours.
03:19 This is what we have seen in the recent developments.
03:21 Today, Dubai Airport announced that the flights will gradually return to the three airports
03:28 that we have seen in Dubai, and that the flights will gradually return to their original flights
03:36 after the kind of delay that we have seen due to these exceptional weather conditions.
03:42 We have seen how these companies have moved in this weather movement, which was exceptional for the UAE.