Daily Business Wrap - UAE flights to, from Pakistan remain cancelled - video Dailymotion

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Pakistan airspace remains closed amid tensions with India over situation in Kashmir, and Saudi Arabia expects billions of dollars in flows from inclusion on benchmarks.

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00:00Flights to and from Pakistan are still cancelled after the country closed its airspace amid

00:06rising tensions with India over the situation in Kashmir.

00:09The cancellations are now in their second day with no certainty over when flights will

00:13resume.

00:14Dubai Airport and Abu Dhabi Airport both said that flights from there to Pakistan are cancelled

00:19until further notice from the UAE's General Civil Aviation Authority.

00:22Meanwhile, Pakistan's Civil Aviation Authority said that the airspace of the country will

00:26remain closed until Thursday midnight, but an airport official said that this decision

00:30will be made later and will depend on the situation there.

00:33In more regional news, Saudi Arabia's stock exchanges are expected to see about $15 billion

00:38to $20 billion worth of passive fund flows.

00:41Saudi Arabia's stock exchange Tadawal will be included onto the MSCI Emerging Market

00:45Index as well as the FTSE Russell in the first half of this year.

00:48Its chief executive officer said that active fund flows are a bit harder to predict, but

00:53he expected a lot of foreigners to buy into the market because of the inclusion onto the

00:57indices.

00:58This has been the Daily Business Wrap.

00:59For more stories, please do check us out at gulfnews.com forward slash business.

01:03Thank you so much for watching.

Daily Business Wrap - UAE flights to, from Pakistan remain cancelled

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