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Month: June 2020

Posted on 02/06/2020

Dubai to Reopen Malls and Private Businesses

Dubai will allow the full reopening of malls and private businesses starting on Wednesday, its media office said, after the gleaming United Arab Emirates busines …
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Posted on 02/06/2020

Gourmet home delivery is here to stay in Dubai

Restaurants around the world have relied on takeout to stay in business while under lockdown. But some of Dubai’s top eateries are making gourmet home delivery a regular offering.
( read original story …)


Posted on 02/06/2020

Abu Dhabi’s Jubail Island development awards $54mln infrastructure works contract

A 400-hectare, very low-density development, Jubail Island is a designated freehold investment zone in Abu Dhabi that will comprise a mix of serviced plots, high-end and mid-range properties as well …
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Posted on 02/06/2020

American Hospital Dubai announces artificial intelligence research center in collaboration with global health care technology leader Cerner

The AI research center aims to leverage Cerner’s electronic health records (EHR) data along with its clinical AI and advanced data analytics tools to ultimately create centers of excellence for …
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Posted on 02/06/2020

Bayut, Dubizzle merge to set up $1bn company in Dubai

Under this merger deal, in the UAE, both Dubizzle and Bayut will be operated by EMPG. Global presence for EMPG other than the UAE includes Pakistan with Zameen, Bangladesh with Bproperty, Morocco and …
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Posted on 02/06/2020

Abu Dhabi Said to Near Pipeline Deal With GIP-Backed Group

Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset …
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Posted on 02/06/2020

Covid-19 may have accelerated IPO for Fine Hygienic Holding, says CEO

The Jordan-based company has more than doubled its profit over the past two years, according to James Michael Lafferty …
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Posted on 02/06/2020

DFM reinforces its digital transformation drive

Dubai: Dubai Financial Market (DFM) today launchd its all-inclusive “DFM Smart Services App”, as the most recent step to strengthen its leading position in terms of digital transformation and as part …
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Posted on 02/06/2020

Rice in the Desert: Virus Spurs UAE to Grow More Food

The United Arab Emirates doesn’t spring to mind as an obvious place to farm rice, but the coronavirus is prodding the arid nation to explore new ways of feeding itself.In a pilot project with South …
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Posted on 02/06/2020

Jubail Island Investment Company awards Dh200m contract for its Abu Dhabi project

Abu Dhabi-based Jubail Island Investment Company awarded a Dh200 million continuing infrastructure works contract for Jubail Island project to Gulf Contractors Company (GCC). The works are part of …
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Posted on 02/06/2020

Jubail Island Investment Company awards AED200+ million continuing infrastructure works contract to Gulf Contractors Company

Jubail Island is a designated freehold investment zone in Abu Dhabi that will comprise a mix of serviced plots, high-end and mid-range properties as well as retail, office park and F&B outlets. The …
( read original story …)


Posted on 02/06/2020

Ghaya Grand Hotel launches new long-stay deal

The deal is ideal for travellers and visitors who are unable to travel back home due to the current situation or for individuals, couples or families residing in the UAE who are looking for a smooth …
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Posted on 02/06/2020

Dubai to have another unicorn as Bayut, dubizzle mother companies set to merge

Merger is the latest in a series of entrepreneurial successes that reinforce Dubai’s reputation as a global hub for investment and innovation.
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Posted on 02/06/2020

Merger of Dubai’s EMPG and OLX Group to form $1bln unicorn firm

Merger is the latest in a series of entrepreneurial successes that reinforce Dubai’s reputation as a global hub for investment and innovation …
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Posted on 02/06/2020

Emirate of Sharjah starts marketing 7-year dollar sukuk – document

Sharjah, the third-largest emirate of the United Arab Emirates, began marketing seven-year sukuk, or Islamic bonds, denominated in U.S. dollars on Tuesday, according to a document from one of the …
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Posted on 02/06/2020

Coronavirus live news: Singapore reopens schools; Abu Dhabi closes borders

Dr Fauci says he hasn’t spoken to Trump in two weeks; New Zealand to consider easing restrictions earlier; Mexico deaths pass 10,000 …
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Posted on 02/06/2020

Dubai property prices rise slightly in April

Dubai property prices rose slightly by 0.49 percent month-on-month in April, with off-plan registrations largely exceeding resale, according to a recent report. In its monthly market report, real …
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