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Month: June 2020

Posted on 23/06/2020

UAE- ADNOC announces $20.7 billion energy infrastructure deal

ABU DHABI, 23rd June, 2020 (WAM) — The Abu Dhabi National Oil Company, ADNOC, announced today that it has entered into an agreement with some of the world’s leading infrastructure investors and …
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Posted on 23/06/2020

UAE financial analysts predict wave of business failures, ‘hockey stick’ recovery

In CFA’s survey, most finance professionals suggest that liquidity is a problem for many companies in the UAE at the moment, with 42 percent of the respondents saying they believe liquidity is down …
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Posted on 23/06/2020

UAE: Planning to take a personal loan? What are your best options?

For UAE expats, the maximum amount one can get is either Dh1 million or 20 times of monthly salary, whichever is lower. Image Credit: Shutterstock Why a personal loan can be an attractive fund option …
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Posted on 23/06/2020

In 2020’s biggest energy deal, six global firms strike $20 billion agreement with Abu Dhabi state oil giant

The deal is the single-largest energy infrastructure investment in the region, and the biggest in the world so far this year, according to Abu Dhabi National Oil Company.
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Posted on 23/06/2020

Abu Dhabi Sells $10 Billion Stake in Pipelines to GIP-Led Group

Abu Dhabi sold a $10.1 billion stake in its natural-gas pipelines to a consortium led by Global Infrastructure Partners, in the biggest infrastructure acquisition so far this year.
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Posted on 23/06/2020

Coronavirus news bulletin from UAE: HAO backs Saudi Haj 2020…

UAE issues guidelines to reopen schools, colleges As part of a broader plan to bounce back to normalcy, the UAE on Monday issued a set of guidelines for a possible reopening of schools, universities …
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Posted on 23/06/2020

UAE- Combating coronavirus: Sharjah Ruler’s SMS welcomes government staff back to office

Sharjah government employees returning to office have received some royal motivation. His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has sent …
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Posted on 23/06/2020

Dubai joins forces with UNICEO

This agreement allows Dubai to continue its positioning of the destination during the Covid-19 crisis in the segment of corporate meetings and events, a strategic priority for the emirate. By …
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Posted on 23/06/2020

UAE- Reopening responsibly: Sharjah issues safety rules for cinemas, gyms, valet parking

As Sharjah prepares for the reopening of cinemas, gyms, and other leisure facilities on June 24, the emirate”s economic development department on Monday announced specific safety rules that should be …
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Posted on 23/06/2020

UAE- Sharjah Municipality crackdown on construction sites to ensure safety of workers, residents

The Sharjah Municipality has launched a crackdown on buildings under construction to ensure compliance of the mid-day break rules at these sites. The move follows the announcement of the mid-day break …
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Posted on 23/06/2020

UAE- AR and VR technologies in the new business reality of Covid-19

Economies and businesses worldwide are reeling from the lockdowns imposed in most countries amid the Covid-19 pandemic. As governments continue to restrict activities at shopping malls and centers, …
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Posted on 23/06/2020

Morning rush hour clogs Dubai-Sharjah roads on Tuesday

Slow moving traffic was also observed on some roads in Qusais Industrial Area. Motorists are urged to drive carefully and take alternate routes where possible.
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Posted on 23/06/2020

A Launchpad For Success: Abu Dhabi’s startAD

As it celebrates its third anniversary in the UAE, a look at how startAD has bolstered Abu Dhabi’s entrepreneurial ecosystem …
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Posted on 22/06/2020

Combating Covid-19: New UAE tool helps travellers assess possible virus exposure

The UAE’s national airline partnered with Austrian-based healthcare technology company Medicus AI to develop the risk assessment tool that will help its guests make informed decisions about travelling …
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Posted on 22/06/2020

UAE- Cairo Amman Bank Adopts the Latest Technology to Enhance Performance and Security for its Digital Banking Services through Aruba

DUBAI, UAE 22ND June, 2020 Cairo Amman Bank PLC. (CAB), is a public limited company located in Jordan, Palestine and Bahrain. Ever since its establishment in 1960, the Bank has been providing an …
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Posted on 22/06/2020

Reopening responsibly: Sharjah issues safety rules for cinemas, gyms, valet parking

As Sharjah prepares for the reopening of cinemas, gyms, and other leisure facilities on June 24, the emirate’s economic development department on Monday announced specific safety rules that should be …
( read original story …)


Posted on 22/06/2020

Dubai Property Developer Bets on Quick Rebound

One of Dubai’s smaller developers is making a big bet that the city’s battered property market will soon be back to business after the shock of the coronavirus pandemic.
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