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Month: May 2020

Posted on 05/05/2020

Dubai Mall reopens under new safeguards

The massive Dubai Mall welcomed more than 80 million visitors last year. Then the coronavirus took hold. Now, after a strict 24-hour lockdown period that lasted over two weeks, the mall — and the …
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Posted on 05/05/2020

Dubai’s wellness talks go virtual at Flow for Ramadan

They’re regular fixtures on the inspirational talk calendar and Flow at Jumeirah Emirates Towers’ schedule is not about to be interrupted. The healthy-eating hub is bringing the spirit of Ramadan to …
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Posted on 05/05/2020

Sharjah to set up new infrastructure development authority

The authority, Mubadara, aims to implement the initiatives and promote the infrastructure development in Sharjah, contributing in ensuring proper implementation of government capital initiatives and …
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Posted on 05/05/2020

Video: Man arrested in Sharjah for vandalising dozens of cars

Sharjah: Sharjah Police have arrested an Asian man who allegedly vandalised dozens of cars parked in front of buildings in the emirate. Police issued a statement late Monday night after a video clip …
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Posted on 05/05/2020

Stem cell treatment for coronavirus symptoms being trialed in the UAE

Kaabi of the Sheikh Khalifa Medical City discusses a stem cell treatment currently being tested for its efficacy in alleviating coronavirus symptoms, and the easing of the lockdown in the UAE.
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Posted on 05/05/2020

Shaken markets: Foreign investors go low on UAE stocks with record selloffs

I paid an annual fee of Dh1,500 but the bank blocked my credit card for no reason…” Dubai: Foreign investors remain squeamish about taking an exposure in UAE stocks, with March seeing a record …
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Posted on 05/05/2020

UAE banking sector remains resilient to global challenges

The UAE’s banking sector remains strong and resilient despite several challenges posed by global economic developments last year, according to the 2019 annual report of the Central Bank of UAE (CBUAE) …
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Posted on 05/05/2020

Post COVID-19: UAE banking sector remains resilient to global challenges

The strength and resilience of the banking sector will be tested, and the CBUAE shall continue to play its role in terms of guiding the banking sector through this period, with …
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Posted on 05/05/2020

DRDO Develops WiFi-Enabled UV Disinfection Tower For Sanitising Coronavirus-Prone Areas

The Ultra Violet blaster is useful for high-tech surfaces like electronic equipment, computers and other gadgets in laboratories and offices that are not suitable for disinfection with chemical …
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Posted on 05/05/2020

UAE Non-Oil Private Sector Hits Second Consecutive Record Low: PMI

The seasonally adjusted IHS Markit UAE Purchasing Managers’ Index (PMI), which covers manufacturing and services, fell to 44.1 in April from 45.2 in March. The 50.0 mark separates expansion from …
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Posted on 05/05/2020

Man arrested in Sharjah for vandalising dozens of cars

Sharjah Police have arrested an Asian man who allegedly vandalised dozens of cars parked in front of buildings in the emirate. Police issued a statement late Monday night after a video clip went viral …
( read original story …)


Posted on 05/05/2020

Sharjah Police arrest man seen vandalising cars in social media video

Sharjah Police have taken a man into custody for vandalising cars, they revealed early on Tuesday morning. The Sharjah Police General Command said a video clip was circulating on …
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Posted on 05/05/2020

IMA Recognizes Success of Finance Professionals as Part of International Management Accounting Day Celebrations

IMA® (Institute of Management Accountants), is celebrating International Management Accounting Day on May 6, 2020. This initiative aims to honor members of the management accounting community for …
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Posted on 05/05/2020

UAE Central Bank says GDP grew 1.7% in 2019

The overall real GDP of UAE is estimated to have grown by 1.7 per cent in 2019, according to the Central Bank of the UAE. “The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 per …
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Posted on 05/05/2020

Watchdog investigates EY audit of scandal-hit NMC Health

Move piles further pressure on EY, whose audit of Thomas Cook is also being investigated …
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Posted on 05/05/2020

New entity to oversee Sharjah infrastructure uplift projects

The authority has the power to borrow and request for bank facilities to finance the government initiatives and projects.
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Posted on 04/05/2020

Stem cell treatment in the UAE sees ‘favorable’ outcomes for coronavirus patients

A new treatment that helps to relieve coronavirus symptoms could be brought to market in three months’ time if further trials go well, according to a researcher involved in the project. “It’s very …
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