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Month: May 2020

Posted on 12/05/2020

UAE weather: It is partly cloudy and windy across the emirates

UAE residents can expect strong winds and dusty weather across the emirates. According to the National Centre of Meteorology, it is going to be dusty and partly cloudy with a gradual decrease in …
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Posted on 12/05/2020

After Impressive Show in Dubai Real Estate, Anthony Joseph Abou Jaoude to Publish First Book

Anyone remotely connected to the Dubai real estate market would be familiar with the name, Anthony Joseph Abou Jaoude. Anthony is the real estate …
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Posted on 12/05/2020

The United Arab Emirates: A key piece in the global money laundering puzzle

A damning new report from the Financial Action Task Force confirms what investigative journalists, anti-corruption activists and whistleblowers have been saying about the United Arab Emirates for …
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Posted on 12/05/2020

Dubai, Abu Dhabi go head to head in solar pricing

Dubai Electric and Water Authority (DEWA) has awarded the fifth phase of a solar park project to a consortium led by ACWA Power claiming a new record price.
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Posted on 12/05/2020

UAE’s first Covid-19 patient to recover after stem-cell therapy tells of medical journey

Abdullahi Rodhile spent 40 days in intensive care at Sheikh Khalifa Medical City in Abu Dhabi before he began to improve …
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Posted on 12/05/2020

Coronavirus in UAE: Four families in quarantine after gathering for Taraweeh prayers

The UAE reported on Monday new cases of coronavirus infections among four families which did not adhere to precautionary measures and social distancing, and gathered for Taraweeh prayers, spreading …
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Posted on 12/05/2020

UAE stays region’s top foreign investment hub in Q1

The UAE remained the most attractive foreign investment destination in the first quarter as the value of merger and acquisition activity in the Middle East during the period rose by $5 billion in …
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Posted on 12/05/2020

Saudi, UAE, Kuwait extra cuts mean oil storage capacity will not be exceeded: Experts

The additional oil production cuts for June announced by three GCC producers on Monday on top of what they already agreed to with OPEC allies will help the world avoid global storage tank tops, …
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Posted on 12/05/2020

Coronavirus: UAE announces 680 new Covid-19 cases, 3 deaths

The UAE Ministry of Health and Prevention on Monday announced 680 new cases of the Covid-19 coronavirus, bringing the total number of cases to 18,878. 577 new recoveries were also …
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Posted on 12/05/2020

Post-COVID-19 UAE will focus on health, economy: Mohammed

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, praised the national humanitarian stances of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, …
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Posted on 12/05/2020

UAE based Fintech Spotii Introduces Buy Now Pay Later Platform via Partnership with Local Online Merchants

United Arab Emirates (UAE)-based Fintech firm Spotii has introduced its shop now (or buy now) pay later platform. Spotii has teamed up with various online merchants, allowing them to provide four …
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Posted on 12/05/2020

Guide to buying home insurance in the UAE

Home contents insurance is one of the most important types of insurance, but it is often thought of only after an incident occurs. In the context of the UAE, it is generally thought to be related to …
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Posted on 12/05/2020

UAE Central Bank, ADGM to jointly host FinTech Abu Dhabi

The event promises a deep-dive into trending topics and business issues that will shape the digital economy of the future.
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Posted on 12/05/2020

Sharjah Municipality inspects Abbco Tower to determine when residents can return

Sharjah Municipality officials inspected Abbco Tower on Monday – the scene of May 5’s fire in Al Nahda – to determine what maintenance needs to be done, and when some of the residents could begin to …
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Posted on 11/05/2020

Sharjah Municipality inspects the damage after Abbco Tower blaze

Sharjah Municipality officials inspected Abbco Tower – the scene of May 5’s fire in Al Nahda – on Monday to determine the condition of the building and to assess what maintenance needs to be done …
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Posted on 11/05/2020

Coronavirus: UAE announces 680 new Covid-19 cases

The UAE Ministry of Health and Prevention on Monday announced 680 new cases of the Covid-19 coronavirus. The number of coronavirus recoveries has been steadily rising in the country, with yesterday’s …
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Posted on 11/05/2020

UAE to reduce oil output by 100,000 bpd in June: Energy minister

The UAE will voluntarily cut its oil output by 100,000 barrels per day in June in a bid to back Saudi Arabia’s efforts to rebalance the world oil market, Suhail bin Mohammed Faraj Faris Al Mazrouei, …
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