Saudi Arabian shares opened higher on Monday, extending gains from the previous session, as a jump in oil prices and positive corporate earnings from the banking sector boosted the stocks. May 18 …
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Amid The COVID-19 Crisis, Dubai Chamber Completes More Than 100,000 Electronic Transactions In Two Months
Dubai Chamber provides a wide range of smart services for the business community in Dubai through its website, smart applications, and other channels …
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RPT-Saudi Arabia’s wealth fund seeks IPO of information security firm Elm -sources
Saudi Arabia’s sovereign wealth fund is considering an initial public offering of its information security company Elm, three sources familiar with the matter told Reuters.
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UAE- Ankabut to organise ‘Virtual’ meeting on role of cloud-based technologies in education
ABU DHABI, 17th May, 2020 (WAM) — Khalifa University of Science and Technology today announced that Ankabut the Emirates Advanced National Research and Education Network will organise the first-ever …
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Dubai Islamic Bank donates AED3 million in support of Khalifa Foundation’s programmes
ABU DHABI, 17th May, 2020 (WAM) — The Khalifa bin Zayed Al Nahyan Foundation has received AED3 million of financial support from the Dubai Islamic Bank, DIB. The support will assist in carrying out …
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COVID-19: Popular Sharjah priest dies from coronavirus
An assistant parish priest at St. Michael’s Catholic Church, Sharjah died on Sunday evening “due to multiple complications arising from COVID-19”, the Apostolic Vicariate of Southern Arabia (AVOSA) …
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Combating coronavirus: UAE varsity 3D-prints over 1,000 face mask clips for hospitals
The university has successfully developed its first face shield prototype, modifying the design to make it more comfortable for the wearer.
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UAE- Tarawih prayers from Sharjah Mosque to be broadcast on Sharjah TV
SHARJAH, 17th May, 2020 (WAM) — Sharjah Islamic Affairs Department, in cooperation with the Sharjah Broadcasting Authority, SBA, announced the exceptional and limited live broadcast of Tarawih …
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Saudi Arabia’s wealth fund seeks IPO of information security firm Elm: sources
Saudi Arabia’s sovereign wealth fund is considering an initial public offering of its information security company Elm, three sources familiar with the matter told Reuters.
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First Abu Dhabi Bank puts talks to acquire Bank Audi’s Egyptian business on hold
First Abu Dhabi Bank (FAB) has put on hold discussions to acquire the Egyptian assets of Lebanon’s Bank Audi due to difficult market conditions, two sources told Reuters. FAB, the United Arab Emirates …
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Post-coronavirus travel ‘will be as enjoyable as open-heart surgery,’ Dubai Airports CEO says
In the wake of coronavirus, “the whole travel experience will be as enjoyable as open-heart surgery,” Dubai Airports CEO Paul Griffiths says..
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Sharjah completes 3,341 engineering deals remotely in April
Sharjah Municipality has announced that the engineering and buildings sector has completed more than 3,341 transactions remotely in April. This comes as part of the civic body’s comprehensive plan to …
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Coronavirus: UAE banks can defer both principal, interest of customers
The UAE Central Bank on Saturday said banks can defer both interest/profit and principal repayment under the stimulus programme offered to them to extend support to customers impacted by Coronavirus.T …
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‘Whale’ in Dubai Mall fountain area creates splash on social media
A ‘whale’ in the Dubai Mall fountain area has set social media abuzz. The 10-second CGI video of a whale doing a flip in the Dubai Mall fountain was shared by Emaar, the developer of the property. “,” …
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Financial Technologies record a rapid growth in the region, says Dubai Future Foundation report
The financial technologies industry is widely expected to emerge stronger from the challenging risks of the pandemic as people turn to digital services, according to a report “Life After COVID-19: …
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UAE’s B2B app DXBUY to connect brands with manufacturers, wholesalers
DXBUY, UAE’s B2B e-commerce platform dedicated to the small and medium businesses in … it said. The platform leverages data-driven technology to efficiently operate across the high volume, low …
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Man arrested in Dubai for insulting UAE currency
A young man who insulted the UAE national currency has been arrested, the Dubai Police announced on Sunday. The man had insulted the currency and shared a video on social media. He has been referred …
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