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Month: June 2020

Posted on 16/06/2020

Dubai’s Motakhayyel becomes first winner at this year’s Royal Ascot

UAE horse Motakhayyel became the first winner of this year’s renewal of the prestigious Royal Ascot horse racing festival, by clinching the Buckingham Palace Handicap on Tuesday. The four-year-old …
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Posted on 16/06/2020

Ripe Market is back: the weekly pop-up returns to Dubai at Nakheel Mall

Ripe will once again be hosting its weekly pop-up market, starting from Friday, June 19. A retail pop-up, which will take place at Dubai’s Nakheel Mall, will take place every Friday and Saturday until …
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Posted on 16/06/2020

UAE: Lost your job? Where to invest your gratuity to get through COVID-19?

As several people in the UAE are losing jobs or moving between jobs, they are receiving end-of-service dues from their employers. While it is typical of most UAE residents to spend their end-of …
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Posted on 16/06/2020

UAE hiring beings rebound after 50% plunge

Hiring activity by employers in the UAE plunged 50% due to the Coronavirus outbreak, but has partly recovered following the recent easing of the lockdown, according to the latest research by Middle …
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Posted on 16/06/2020

First evidence of Olive Ridley turtles breeding in UAE found in Sharjah

The first evidence of Olive Ridley turtles breeding in the UAE was announced by Sharjah’s Environment and Protected Areas Authority (EPAA) on Tuesday. The announcement coincided with World Sea Turtle …
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Posted on 16/06/2020

Coronavirus: UAE reports 346 new Covid-19 cases, 732 recoveries, 2 deaths

The UAE Ministry of Health and Prevention on Tuesday reported 346 new cases of the Covid-19 coronavirus, along with 732 cases of recovery. As many as 38,000 new Covid-19 tests have been carried out, …
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Posted on 16/06/2020

Coronavirus: UAE has more recoveries than new cases for seventh day in a row

Daily recoveries outstrip infections for a full week as number of total cases rises to 42,982 Another 346 new Covid-19 infections were reported in the UAE on Tuesday, following more than 38,000 tests.
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Posted on 16/06/2020

UPDATE 1-Egypt seeks loan of over $1 billion, taps UAE banks – sources

The Egyptian government is looking to raise a loan of more than $1 billion and has tapped lenders in the United Arab Emirates (UAE) for financing help, three sources familiar with the deal said.
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Posted on 16/06/2020

UAE is #1 in world for female representation in parliament

This is just one of 23 indicators in which the UAE leads the world according to the IMD World Competitiveness Yearbook 2020.
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Posted on 16/06/2020

UAE sends medical aid to Colombia in fight against COVID-19

English News and Press Release on Colombia about Contributions, Health and Epidemic; published on 15 Jun 2020 by Govt. UAE …
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Posted on 16/06/2020

Egypt looking to raise over $1bln loan, taps UAE banks – sources

The Egyptian government is looking to raise a loan of more than $1 billion and has tapped lenders in the United Arab Emirates (UAE) to arrange the financing, two sources familiar with the deal said.
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Posted on 16/06/2020

GCC Covid-19 update: UAE reports 346 infections, 2 fatalities; Saudi registers 4,267 cases, 41 deaths

UAE The UAE has registered 346 Covid-19 cases and two deaths, as a result of additional 38,000 tests conducted to screen for the virus. The total infection count has now scaled to 42,982 while …
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Posted on 16/06/2020

UAE sends medical aid to Jordan in fight against COVID-19

English News and Press Release on Jordan about Contributions, Health and Epidemic; published on 15 Jun 2020 by Govt. UAE …
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Posted on 16/06/2020

Combating coronavirus: UAE lab to test 35,000 Covid-19 samples a day

UAE-based Pure Health manages 117 labs across the country. It operates the UAE’s largest testing capacity lab in Mafraq Hospital.
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Posted on 16/06/2020

Abu Dhabi’s ADQ in talks for bank debt – sources

DUBAI, June 16 (Reuters) – Abu Dhabi’s ADQ, a state-owned holding company, is in talks with banks for bank debt financing, two sources said. One of them said that ADQ, formerly kn …
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Posted on 16/06/2020

UPDATE 1-Sharjah Islamic Bank sells $500 million in five-year sukuk – document

Sharjah Islamic Bank sold $500 million in five-year U.S. dollar-denominated sukuk at 2.85% on Tuesday, a document showed.
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Posted on 16/06/2020

Sharjah Islamic Bank sells $500mln in five-year sukuk – document

DUBAI: Sharjah Islamic Bank SIB.AD sold $500 million in five-year U.S. dollar-denominated sukuk at 2.85% on Tuesday, a document showed. SIB received more than $3.4 billion in orders for the Islamic …
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