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Month: May 2020

Posted on 12/05/2020

COVID-19: Emirates announces limited inbound flight operation for stranded UAE residents

Etihad airways has already started limited inbound flights from various countries Dubai: Emirates airline has announced to operate limited inbound flights to bring back stranded UAE residents from …
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Posted on 12/05/2020

Majid Al Futtaim to open Sharjah’s biggest mall in March

Majid Al Futtaim’s decision comes in the light of the global disruption in the retail sector due to the Covid-19 pandemic. The additional months will allow all of City Centre Al Zahia’s tenant …
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Posted on 12/05/2020

UAE reports 783 new coronavirus cases, two deaths

Abu Dhabi: The UAE has announced 783 new COVID-19 cases and two deaths on Tuesday. The Ministry of Health and Prevention in UAE said the new coronavirus cases were detected through 32,000 tests …
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Posted on 12/05/2020

UAE Mission, IRENA to co-host inaugural ‘Renewables Talks’ with virtual webinar on May 13

More than 100 participants are expected to dial in for the webinar, which will also be overseen by IRENA’s Director-General, Francesco La Camera …
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Posted on 12/05/2020

COVID-19 reality: Summer will be the time when UAE job losses spike

Nearly 40 per cent of UAE businesses in a survey confirmed they asked employees to take unpaid leave after the effects of the COVID-19 outbreak started crippling commercial activity last month. And a …
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Posted on 12/05/2020

Shocked Pakistani, Syrian expats share Dh1 million prize in UAE

Two UAE residents from Syria and Pakistan each took Dh500,000 home after matching five out of six numbers in last week’s Emirates Loto draw, sharing the Dh1 million prize. Rojeh Alfreh, a 35 year-old …
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Posted on 12/05/2020

Dubai startup Invygo raises $1m in funding

This investment is part of the Series A funding round led by EQ2 ventures, Class 5 Global, and 500 Startups. In November 2019, Invygo raised $1m in its seed round, led by San Fran …
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Posted on 12/05/2020

COVID-19 relief: Dubai family-owned businesses want 50 per cent cuts utility bills

Business heads also proposed customs duties should be cut by 50 per cent until year-end, while electricity, water and service bills should also be cut 50 per cent. Eliminating the taxes would improve …
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Posted on 12/05/2020

Dubai’s RTA makes significant power and water savings

RTA’s savings amounted to 45 million gallons of water, 30 million litres of fuel, and 39 million kilowatt-hours …
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Posted on 12/05/2020

Dubai private equity firm contests regulator’s $4.5mln penalty

Al Masah Capital says it has contested the allegations raised by the Dubai watchdog This website uses cookies to improve your online experience. They were placed on your computer when you launched …
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Posted on 12/05/2020

Dubai Family Businesses Ask For VAT Cut, Faster State Payments

Family-owned businesses in Dubai have asked the government to adopt several measures to help companies struggling to weather the current crisis, including reducing value added tax and speeding up …
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Posted on 12/05/2020

Tagged: dubai

Global Fintech News, including Crowdfunding, Blockchain and more …
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Posted on 12/05/2020

Saudi Aramco Q1 net profit slides 25% as oil prices tumble

Aramco said the results reflected “lower crude oil prices, as well as declining refining and chemicals margins and inventory re-measurement losses.” …
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Posted on 12/05/2020

Saudi Arabia Deepens Oil Cuts As Weak Demand Weighs on Prices

Saudi Arabia will voluntarily deepen oil output cuts from June as low oil prices are causing huge pain to the kingdom’s budget and global demand remains weak due to lockdowns to contain the …
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Posted on 12/05/2020

Coronavirus news bulletin from UAE: VP hails…

Here’s a round-up of all the latest developments you need to know: VP hails Sheikh Mohamed’s humanitarian response to Covid-19 His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and …
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Posted on 12/05/2020

Align Technology completes acquisition of exocad, a gobal dental cad/cam software leader

The acquisition of exocad broadens Align’s digital platform reach by adding technology that addresses restorative needs in an end-to-end digital platform workflow to facilitate ortho-restorative a …
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Posted on 12/05/2020

COVID-19 Impact and Recovery Analysis- Education Market In UAE 2020-2024 | Increasing Student Enrollments to Boost the Market Growth | Technavio

The education market size in UAE is expected to grow by 378 thousand during 2020-2024, according to the latest market research report by Technavio. Request a free sample report This press release …
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