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Month: May 2020

Posted on 14/05/2020

UAE stimulus to help SMEs, says Abdulla Al Saleh

Held under the theme ‘Impact of the UAE Stimulus Plan on Economic Stability and Growth’, the Sharjah Ramadan Economic Majlis, now in its sixth year, was held virtually on the zoom platform for the …
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Posted on 14/05/2020

Nirav Modi told me he would get me killed, UK court hears from ‘dummy director’

Witnesses relate to the Enforcement Directorate (ED) discovery that dummy directors/owners/managers were appointed in a number of overseas companies in Hong Kong and Dubai, though the companies …
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Posted on 14/05/2020

Raab’s praise of UAE ‘concerning’ says pardoned British prisoner

Matthew Hedges says foreign secretary calling gulf state ‘true friend’ of UK following PPE donation ignores human rights abuses …
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Posted on 13/05/2020

UAE are no ‘true friends’ of the UK, Mr Raab

The UK government is happy to ignore terrible human rights abuses by regimes like the UAE, writes Matthew Hedges, who was released from prison there in 2018 …
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Posted on 13/05/2020

Dubai registered record property sales in Q1 2020

Dubai’s real estate sector witnessed the best first quarter in 2020 in the past six years until COVID-19 challenges began during the second half of March, according to a UAE property market report.
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Posted on 13/05/2020

Grade 12 students in UAE asked to register for university admissions

The ministry said it has also extended the period for registration in government higher education institutions and for foreign scholarships until May 16.
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Posted on 13/05/2020

Coronavirus: Sharjah Central Souq reopens with strict measures

Sharjah Municipality has announced the reopening of Sharjah Central Souq with implementation of strict precautionary measures to curb the spread of coronavirus. Thabit Salem Al Turaifi, …
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Posted on 13/05/2020

UAE banking system strengthens support for agricultural sector

ABU DHABI – The UAE’s banking system strengthened its support for the agricultural sector in the first quarter of 2020, by providing financing valued at more than AED500 million to agricultural …
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Posted on 13/05/2020

Sharjah building owners urged to install smart fire system

All buildings in Sharjah are now required to install a smart fire system that automatically sends fire alerts to the emirate’s Civil Defence team, officials have said. Sharjah Prevention and Safety …
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Posted on 13/05/2020

Sharjah Government announces holidays for Eid Al Fitr

The Human Resources Department in Sharjah on Wednesday announced that government departments, bodies and institutions in the emirate will start the Eid Al Fitr holidays from 29 Ramadan 1441 until …
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Posted on 13/05/2020

Saudi Arabia imposes Eid holiday curfew as Dubai eases restrictions

Saudi Arabia will enforce a countrywide 24-hour curfew during the five-day Muslim Eid al-Fitr holiday later th …
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Posted on 13/05/2020

Dewa’s 700MW solar project on track despite Covid-19 challenges

Located globally, Worley is providing engineering, technology and technical review support to the project, and has been able to adapt its service as Covid-19 has progressed with workers staying …
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Posted on 13/05/2020

Dubai developer wasl launches property leasing app

Zainab Mohammed, chief property management and marketing officer, wasl properties, said: “The new app is in line with the Smart Dubai 2021 strategy and its objective of promoting technological …
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Posted on 13/05/2020

UAE scores high in World Economic Forum’s Energy Transition Index 2020

The UAE has made significant strides in both the current performance of its energy system, as well as the readiness for energy transition, according to the latest edition of World Economic Forum’s …
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Posted on 13/05/2020

Coronavirus: UAE banks lend $4.5 bln to industrial, business sectors in Q1 2020

UAE banks provided 16.5 billion dirhams ($4.49 billion) in loans to the country’s industrial and businesses sectors in the first three months of 2020, a period that includes the initial stages of the …
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Posted on 13/05/2020

Dubai reopens parks, hotel beaches in further easing of curbs

The United Arab Emirates business and tourism hub Dubai has allowed public parks to reopen and hotel guests to access private beaches, state media said, as the emirate gradually lifts restrictions …
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Posted on 13/05/2020

MIDEAST STOCKS-Ease in restrictions buoys Dubai, Saudi extends gains

Shares in Saudi Arabia rose on Wednesday, extending gains from the previous session after the kingdom committed to deeper oil output cuts, while a further easing in coronavirus-related restrictions …
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