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Month: May 2020

Posted on 04/05/2020

Expo 2020 Dubai postponed by one year to Oct 2021

The Expo 2020 global trade fair, hosted by Dubai, has been postponed by a year due to the coronavirus outbreak and will be held from October 1, 2021, to March 31, 2022, the Paris-based organiser said …
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Posted on 04/05/2020

Powering the Capital Markets in the UAE

Nasdaq’s cutting edge technology for trading, surveillance, depository, clearing and market data dissemination, will strengthen DFM’s leading position as a main driver of the capital markets’ …
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Posted on 04/05/2020

BMX Riding Dubai’s Most Famous Landmarks | with Kriss Kyle

Home to the world’s tallest building the Burj Khalifa, Dubai is renowned for its breathtaking skyline. With stunning buildings, huge water parks and bustling souks, a place like this is the ultimate …
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Posted on 04/05/2020

Mubadara to promote infrastructure development in Sharjah

His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Decree-Law No. (1) of 2020 on the organisation of the Authority of Initiatives …
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Posted on 04/05/2020

Sharjah: No social, sports events till end of May 2020

As part of current social distancing measures, the Sharjah Executive Council has extended the suspension of all social and sports events, it was announced on Monday. Sharjah Radio and Television …
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Posted on 04/05/2020

UAE’s Salama shareholders approve increase in foreign ownership limit

It is the first cash dividend since Salama’s IPO. Salama posted a net profit attributable to shareholders of 54.7 million UAE dirhams ($14.9 million) in 2019, compared to 2 million UAE dirhams in 2018 …
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Posted on 04/05/2020

Tasjeel.ae Launches UAE Premium Domain Marketplace

Tasjeel is launching a dedicated UAE premium domain name marketplace. The new platform will allow buyers to purchase premium domain names that are already registered. This will make it easier for …
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Posted on 04/05/2020

Can bank notes spread COVID-19 faster? UAE Central Bank responds

UAE Banks have warned customers to always sanitise their bank notes, use cards instead Dubai: How often should you clean your ‘dirty’ money? Amid the ongoing pandemic, the Dubai Health Authority (DHA) …
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Posted on 04/05/2020

Watch: Sharjah Police launches first-of-its-kind smart patrol

Sharjah: The first-of-its-kind police patrol that has five high-tech cameras and a drone was launched by Sharjah Police oN Sunday, police officials said. The smart patrol includes many modern …
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Posted on 04/05/2020

Sharjah Economic Ramadan Majlis to address impact of stimulus packages on UAE’s economic competitiveness

Majlis will host companies and business leaders who have imbibed lessons from the 2008 global financial crisis Sharjah: The sixth edition of the Sharjah Economic Ramadan Majlis will get underway on …
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Posted on 04/05/2020

This day, that year: Wasim Akram’s hat-trick in Sharjah still vivid in memory

It was on this day, way back 1990 when Pakistan’s ‘Sultan of Swing’ Wasim Akram recorded his second hat-trick at the Sharjah Cricket Stadium. It was a deadly spell in the final of the Austral-Asia Cup …
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Posted on 04/05/2020

UAE- Free parking in Sharjah extended until June 30

Parking in Sharjah will be free until June 30, it was revealed on Sunday.Thabit Salem Al Tarifi, director-general of Sharjah Municipality, said that the municipality has started resetting the parking …
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Posted on 04/05/2020

MIDEAST STOCKS-Saudi shares drop, property stocks weigh on Dubai

Banks dragged Saudi Arabian shares lower on Monday and markets in the United Arab Emirates extended losses due to a fall in financials and real estate stocks. Saudi Arabia’s benchmark index .TASI …
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Posted on 04/05/2020

Expo body set to approve year’s delay to Expo 2020 Dubai

The awarding body for World Expos is set to approve a one-year postponement of Expo 2020 Dubai, the Bureau International des Expositions (BIE) said on Monday.
( read original story …)


Posted on 04/05/2020

UAE’s first virtual signing takes place to signify partnership and announce new finance solutions for SMEs and corporates

Through the agreement, Deem’s business customers will be able to access Noor Takaful | Ethical Insurance’s wide-range of commercial insurance products …
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Posted on 04/05/2020

Sell-off on UAE bourses continues for second day

The sell-off was prompted by regional economic worries, slump in oil prices and renewed US-China trade war worries. WTI crude was down by nearly 7 per cent while Brent was trading 1.44 per cent lower …
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Posted on 04/05/2020

COVID-19 crisis: Sharjah Entrepreneurship Centre sets up $1mln grant for start-ups

The Sharjah Entrepreneurship Center (Sheraa), has pledged a $1 million dollar solidarity fund to help startups that are under strain due to the coronavirus pandemic. The fund will be distributed …
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