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Month: May 2020

Posted on 27/05/2020

Dubai developer DAMAC reports second straight quarterly loss, takes large impairment charges

DUBAI, May 27 (Reuters) – Dubai-based DAMAC Properties DAMAC.DU reported a loss for first-quarter on Wednesday, as the developer took more than 182 million UAE dirham ($49.55 million) in impairment …
( read original story …)


Posted on 27/05/2020

Combating coronavirus: Pandemic gives Dubai chance to put tech to the test

“For several years, Dubai has endeavoured to put in place solid digital infrastructure, and this has contributed to the fight against the coronavirus”, said Amer Sharif, who heads the …
( read original story …)


Posted on 27/05/2020

Warner Music IPO is priced to sing

The world has stopped but music hasn’t. That’s the tune Warner Music is singing to investors as it prepares to launch its delayed initial public offering in the next week or so. The label behind Lizzo …
( read original story …)


Posted on 27/05/2020

World’s top 2,000 list includes 40 Arab companies; Aramco ranked 5th

This year’s Forbes Global 2000 list saw the inclusion of 40 companies from the Arab world in the magazine’s ranking of the world’s top 2,000 companies, based on assets, profits, revenues, and market …
( read original story …)


Posted on 27/05/2020

Worker stabbed to death in Sharjah

Sharjah: A 27-year-old Indian worker was stabbed to death in Sharjah on Saturday, police have confirmed. D Naveen, from Korutla, Jagtial, Telangana in central India was allegedly stabbed in the …
( read original story …)


Posted on 27/05/2020

Video: Search underway for two men swept away by floods in Sharjah

Search and rescue efforts are underway to find two young men who were swept away by a flash flood in Wadi Al Helo in Sharjah on Tuesday afternoon. One of three men was rescued while two are still …
( read original story …)


Posted on 27/05/2020

UAE- DEWA, Huawei increase AI, digital transformation cooperation

The Dubai Electricity and Water Authority, DEWA, and Chinese multinational technology company, Huawei, have explored ways to expand their strategic partnership in the artificial intelligence and …
( read original story …)


Posted on 27/05/2020

UAE- Shurooq re-opens leisure, eco-tourism destinations across Sharjah

SHARJAH, 26th May, 2020 (WAM) — Sharjah Investment and Development Authority (Shurooq) has announced the completion of a sterilisation drive across its properties, and opened its doors to their …
( read original story …)


Posted on 27/05/2020

Fraudster creates fake online account of Dubai billionaire for donations

Dubai-based billionaire and chairman of Danube Group Rizwan Sajan has lodged a complaint with Dubai Police’s cybercrime department alleging that some fraudster has created a fake online account under …
( read original story …)


Posted on 26/05/2020

Search underway for two men swept away by floods in Sharjah

Search and rescue efforts are underway to find two young men who were swept away by a flash flood in Wadi Al Helo in Sharjah on Tuesday afternoon. One of three men was rescued while two are still …
( read original story …)


Posted on 26/05/2020

Combating coronavirus: Sharjah’s major tourist sites reopen

The Chedi Al Bait, Al Badayer Retreat, Al Faya Retreat and Kingfisher Retreat – will also be offering hotel stays.
( read original story …)


Posted on 26/05/2020

Saudi Arabia, UAE Block ‘The Last Of Us Part 2’ On PlayStation Store

The Last of Us Part 2” is still searchable, but doing so will only queue some of the game’s avatars and themes.
( read original story …)


Posted on 26/05/2020

Movie Theaters, Indoor Entertainment Facilities Reopening in Dubai

Movie theaters and other entertainment facilities are set to reopen in Dubai on Wednesday, as the United Arab Emirates begins to lift coronavirus lockdown restrictions. Vox Cinemas, the top …
( read original story …)


Posted on 26/05/2020

UAE’s NMC Health delays May staff salaries – memo

The troubled hospital operator, which usually pays salaries by the 25th of every month, said in an internal email to employees on Monday that this month’s payroll processing will commence only on May …
( read original story …)


Posted on 26/05/2020

Coronavirus: Sharjah reopens leisure destinations, eco-tourism

Sharjah’s popular leisure and entertainment destinations have started welcoming vistors again. Sharjah Investment and Development Authority (Shurooq) on Tuesday announced the reopening of Al Qasba, Al …
( read original story …)


Posted on 26/05/2020

Fraudster creates fake online account of Dubai billionaire for donation

Dubai-based billionaire and chairman of Danube Group Rizwan Sajan has lodged a complaint with Dubai Police’s cybercrime department alleging that some fraudster has created a fake online account under …
( read original story …)


Posted on 26/05/2020

UAE’s DEWA, Huawei increase AI, digital transformation cooperation

… a new digital future for Dubai in key areas that align with the authority’s objectives in the Dubai 10X initiative DUBAI – The Dubai Electricity and Water Authority, DEWA, and Chinese …
( read original story …)


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