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Month: May 2020

Posted on 29/05/2020

Jingle Pay to launch neobank in the UAE

Dubai-based fintech startup Jingle Pay is bringing neobanking to the Middle East, starting with its home turf of the UAE.
( read original story …)


Posted on 29/05/2020

Dubai Hits the Ski Slope as Coronavirus Restrictions Lift

Dubai, part of the United Arab Emirates, on Wednesday allowed recreation spots such as cinemas, gyms, ice rinks and the ski slope to re-open after weeks of closure. Strict social distancing and …
( read original story …)


Posted on 28/05/2020

Dubai gives the green light to reopen gyms, movie theaters and other non-essential businesses as lockdown lifting continues

Neighboring Abu Dhabi, meanwhile, the country’s oil-rich capital, remains largely shut down in terms of non-essential business and leisure venues.
( read original story …)


Posted on 28/05/2020

Abu Dhabi’s Mubadala in talks on $1 bln stake in Reliance’s Jio Platforms -sources

Abu Dhabi state fund Mubadala is in talks with Reliance Industries about investing around $1 billion in the Indian conglomerate’s Jio platforms, three sources told Reuters. NEW DELHI/DUBAI/HONG KONG, …
( read original story …)


Posted on 28/05/2020

Coronavirus: UAE field hospital, set up in 9 days, can last 10 years

The first of five field hospitals by the Abu Dhabi Emergency Crisis and Disasters Committee, it was set up as part of an initiative by His Highness Sheikh Mohamed bin Zayed Al Nah …
( read original story …)


Posted on 28/05/2020

UAE farm tech to the fore

On a macro level, we will see a rise in urban farming, mostly using high-tech farming methods such as hydroponics, aeroponics or aquaponics.” Paresh cites Singapore’s conversion of car parks into …
( read original story …)


Posted on 28/05/2020

UAE- GEMS Innovation Awards 2020 Recognise Young Innovators after Virtual Showdown

Awards mark culmination of annual Global Innovation Challenge, which sees thousands of students develop solutions to world’s biggest problems • Winners selected from a shortlist of 150 young …
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Posted on 28/05/2020

COVID-19: Read this if you live in Sharjah, but work in Dubai

Major General Al Shamsi pointed out that only employees who work in Dubai are covered by this decision, The waiver does not apply to those who are not employed in Dubai. He urged …
( read original story …)


Posted on 28/05/2020

Fines for illegal car lifts discounted until June 30 in Sharjah

Abdulaziz Al Jarwan, director of transportation affairs at the SRTA, urged violators to benefit from the discount before the end of the discount period. “The decision, implemented by the Sharjah …
( read original story …)


Posted on 28/05/2020

Indian worker stabbed to death in Sharjah

An Indian worker was stabbed to death in Sharjah, police has confirmed. The 27-year-old victim from Telangana was allegedly stabbed in the stomach on May 23 by another worker at a car wash firm in the …
( read original story …)


Posted on 28/05/2020

Profits of Abu Dhabi’s Aldar decline 39 percent in 2020 starting quarter

Real estate developer based in Abu Dhabi, Aldar Properties, said on Thursday that it suffered a 39 percent drop in its profits in the starting quarter of 2020 and said that it might delay new projects …
( read original story …)


Posted on 28/05/2020

Manazel reports rise in 2019 profit due to higher revenue

Abu Dhabi-based real estate developer Manazel reported a 4 per cent increase in its profit for 2019 on the back of higher revenue. Net profit for the period ending December 31 climbed to Dh240.6 …
( read original story …)


Posted on 28/05/2020

Dubai’s Union Properties subsidiary initiates Dh1.5 billion claims against main contractor

The company clarified that the subsidiary was the subcontractor nominated by the main contractor to carry out works for a major project in Dubai.
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Posted on 28/05/2020

Union Properties’ unit initiates arbitration procedures to claim $408mln

Dubai – Union Properties announced that one of its wholly-owned subsidiary companies undertook legal procedures to claim about AED 1.5 billion. “The Executive Management will not spare any effort in …
( read original story …)


Posted on 28/05/2020

Ring of Fire: UAE to see the Sun blocked by 93% in June 2020

Rare event of both solar and lunar eclipse will be seen in one month, says UAE astronomer Dubai: Even if you’re not an enthusiastic stargazer, the upcoming lunar and solar eclipse will undoubtedly …
( read original story …)


Posted on 28/05/2020

How the UAE reaps the harvest of food security in the aftermath of Covid-19

How new technology and innovative farming practices can help the UAE improve food security The outbreak of Covid-19 has been a wake-up call for many countries in terms of food security. With supply …
( read original story …)


Posted on 28/05/2020

UAE police issue warning after four found dead in Sharjah wadi

The warning comes after four people were found dead this week in Sharjah’s Wadi Al Helo, an area hit by floods during heavy rains that lashed the emirate, authorities said. The National Search and …
( read original story …)


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