ABU DHABI – The Authority of Social Contribution – Ma’an has announced it has started working to provide a new food support scheme in Abu Dhabi for people whose income has been affected by the current …
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4,786 new licences issued in Abu Dhabi in Q1 of 2020
The Department of Economic Development in Abu Dhabi (DED) has issued 4,786 new commercial licences during the first quarter of 2020. “@AbuDhabiDED issued 4,786 new economic licences in Q1 of 2020.
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Coronavirus: Abu Dhabi Crown Prince, Bill Gates review resources, global initiatives
Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan discussed the spread of the new coronavirus with US billionaire philanthropist Bill Gates, the Crown Prince announced on his Twitter on …
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Abu Dhabi non-oil foreign trade tops $5bn in January
The value of non-oil foreign merchandise trade through Abu Dhabi ports increased by 0.5 percent from Dh19.2 billion ($5.22 billion) in the year to date in January 2019 to Dh19.3 billion in the same …
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Coronavirus: Abu Dhabi to deliver 100,000 food baskets to needy families
Abu Dhabi is to deliver tens of thousands of food baskets to support families hardest hit by the coronavirus pandemic. Embattled residents who have lost out on crucial income due to the damaging …
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Middle East and North Africa Mergers and Acquisition transactions totalled US$14.8 billion in Q1 2020
The United Arab Emirates was the most targeted nation … despite a 50% decline in the number of deals. One initial public offering was recorded during the first quarter. Saudi Arabian private …
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‘UAE banking sector resilient because of government support’
Resilience – this was the key word and highlight of the UAE banking sector outlook report that was released at the beginning of this year by S&P Global Ratings, and it essentially encapsulates the …
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Combating coronavirus: Sharjah bans workers from travelling to other emirates
Transporting Sharjah workers outside the emirate is now prohibited as part of the Covid-19 precautions, according to a new circular issued by the Sharjah Economic Development Department (SEDD) on …
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Coronavirus impact: Dubai’s property investors turn to virtual viewings, video tours
Since the COVID-19 pandemic made it impossible for property investors in Dubai to give prospective clients the traditional tour of the home, they have been increasingly relying on technology to do …
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UAE coronavirus: Smart helmets now used by police to detect COVID-19 infections
Lt. General H.H. Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, has adopted the technology to be used by specialist police teams around the country. The UAE is …
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Artificial Intelligence aiding fight against coronavirus in UAE
DUBAI: Four months into the battle against the latest strain of the coronavirus … Burns, co-founder and CEO of Visory, a computer vision AI company with an urban technology focus, various degrees of …
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Coronavirus: Dubai businesses may never return to ‘normal’ as closures extended
Businesses in Dubai are preparing for the worst despite signs that the UAE may be easing the lockdown conditions that have shut whole sectors of the economy in an attempt to slow the spread of …
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RoboAds Inc., UAE Robotics Startup, Develops New Generation of Service Robots to Aid Medical and Security Staff on Coronavirus Frontline
UAE based Robotics startup, RoboAds Inc., has developed a new generation of telepresence robots to aid healthcare and security staff on virus frontlines. As thousands of healthcare staff around the …
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TransferWise officially launches in the UAE, bringing digital transfers to life
Digital wallets and online services had been gaining slow popularity in the Arab world up until COVID-19 caused an eruption in demand in relation to such apps. The UAE has been of particular interest …
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G20 Finance Ministers, Central Bank Governors Hold Virtual Meeting to Address COVID-19 Challenges
The finance ministers and central bank governors of the G20 group of the world’s largest economies started on Wednesday a virtual meeting to further address the global challenges presented by the …
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Dubai Weighs Bond and Emirates Loans as Virus Hits Economy
Dubai is in talks with bankers about shoring up its finances and the emirate’s flag carrier is mulling billions of dollars of loans, as the coronavirus pandemic hammers the economy.The government is …
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UAE Reduces Service Fees to Support Economy
Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages for Retirement …
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