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Month: June 2020

Posted on 09/06/2020

Alexander Volkanovski vs. Max Holloway rematch set for UFC 251 in Abu Dhabi

After months of speculation, the rematch between UFC featherweight champion Alexander Volkanovski and former titleholder Max Holloway is a done deal. Volkanovski (21-1 MMA, 8-0 UFC) vs. Holloway (21-5 …
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Posted on 09/06/2020

Amid coronavirus pandemic, Dubai Airport debuts concierge shopping service

Dubai International Airport (DXB), famed as the world’s busiest air hub for international travel, has debuted a concierge shopping service to decrease physical contact amid the global coronavirus …
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Posted on 09/06/2020

How a young Emirati crypto trader made money using cryptocurrencies

Here is how a young Emirati crypto trader made money using cryptocurrencies. The ups and downs of trading cryptocurrencies need not be intimidating. Here are tips for the newbies out there. Dubai: …
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Posted on 09/06/2020

MIDEAST STOCKS-Profit-taking weighs on Dubai; Saudi rises as bank stocks gain

Dubai’s stock market fell on Tuesday, snapping six sessions of gains, dragged by property shares and profit-taking, while the Saudi index rose modestly. June 9 (Reuters) – Dubai’s stock market fell on …
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Posted on 09/06/2020

Dubai Islamic Bank tightens guidance for dollar sukuk, gets over $4.15 bln in orders – document

Dubai Islamic Bank tightened the price guidance for its planned issuance of long five-year dollar sukuk and received more than $4.15 billion in orders for the Islamic bonds, a document showed on …
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Posted on 09/06/2020

Combating coronavirus: Sharjah Municipality instals livestock sterilisation gate at Khalid Port

The animal sterilisation gate, a part of employees’ innovation, has been built using recycled materials and other available resources.
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Posted on 09/06/2020

Combating coronavirus: Restaurants, tourism firms in Abu Dhabi can apply for 20% rent refund

“In line with the economic initiatives packages launched by the Abu Dhabi government to support the private sector during the current Covid-19 impacts, the Abu Dhabi Department of Economic Development …
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Posted on 09/06/2020

Summer staycation deals in Dubai, Abu Dhabi and Ras Al Khaimah: from late check-out to hotel credit

Many hotels in the Emirates are offering packages for residents with discounts, dining deals and more For many in the UAE, the summer season is synonymous with travelling. Of course, things are a tad …
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Posted on 09/06/2020

Saudi takes lead in MENA IPOs; four deals raise $814.2mln in Q1 2020

The MENA region recorded an increase in IPO volume and value during Q1 2020, with four IPOs raising total proceeds of $814.2 million. This represents a 14-fold increase when compared to the $57.6 …
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Posted on 09/06/2020

Corporate tax in UAE will turn away investors, says GWS Group chairman

The introduction of a corporate tax in the UAE will turn away international investors and wealthy residents, according to the chairman of tax advisory GWS Group, in response to a prediction by Emirati …
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Posted on 09/06/2020

Kids can create a ‘farm garden’ with Sharjah Public Libraries’ storytelling session

Continuing its mission to nurture young minds and instill a love of stories in children, Sharjah Public Libraries (SPL) invited Sally Mousa, Pulse 95 Radio presenter, to read from Farm in the City to …
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Posted on 09/06/2020

Abu Dhabi’s Etihad to Operate Second Flight to Israel Carrying Palestinian Aid

A cargo plane operated by Etihad Airways offloads aid related to the coronavirus disease (COVID-19) for Palestinians, at Ben Gurion Airport in Lod, near Tel Aviv, Israel May 19, 2020. Israel Airports …
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Posted on 09/06/2020

Mideast Stocks: Property stocks weigh on Dubai; Saudi up on banks

Dubai’s stock market was on course to snap six sessions of gains on Tuesday, pressured by losses in real estate shares, while the Saudi index gained on the back of a rally in banks. Dubai’s main share …
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Posted on 09/06/2020

Danube signs up SirajPower as new UAE solar partner

SirajPower, UAE’s leading distributed solar energy provider, has been appointed by leading Dubai developer Danube as its new solar partner for its projects in the emirates. The group commissioned …
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Posted on 09/06/2020

UAE- Hotels look to staycations, increasing customer confidence for summer

Hotels across the UAE have announced a series of staycation packages that are carefully designed to cater to families that are looking for a relaxing weekend getaway but are hesitant due to their …
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Posted on 09/06/2020

How the UAE is ushering in knowledge and technology revolution

UAE leadership aims to develop human capital as a tool for the country’s social progress Today, we are witnessing a revolution that establishes a knowledge-based future as the major driver of economic …
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Posted on 09/06/2020

Dubai free zone deploys AI to monitor public compliance with Covid-19 measures

Feeds from CCTV and other security cameras in community spaces that face high risk of Covid-19 transmissions are analysed in real time to detect and report any violation Dubai Silicon Oasis Authority …
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