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Month: June 2020

Posted on 02/06/2020

Dh3.6 billion tech merger in Dubai: OLX and EMPG join forces

Dubai: Dubai-based Emerging Markets Property Group (EMPG) and OLX, which owns listings portals Bayut and dubizzle, have merged their Middle East and North Africa and South Asia operations to form a …
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Posted on 02/06/2020

The Mars Rush: China, UAE And The US Are Rocketing To The Red Planet This Summer

The U.S., China and UAE are all headed for the Red Planet this summer Each nation has its own scientific goals for their Mars missions The missions will contribute to science and the understanding of …
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Posted on 02/06/2020

Global Wireless Connectivity Portfolio Market 2020 Key Players, Opportunities, Challenges, Trend and Forecast by 2026

An empirical report titled Global Wireless Connectivity Portfolio Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2026 released by MarketsandResearch.biz shows detailed market …
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Posted on 02/06/2020

Cloud Box Technologies achieves Dell Platinum partner status

Cloud Box Technologies has met all the criteria set for Platinum partner level in the Dell Technologies global partner program …
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Posted on 02/06/2020

Rice in the Desert: Virus Spurs UAE to Grow More of its 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.
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Posted on 02/06/2020

US and China vie for influence in UAE as coronavirus increases tension

Shortly after opening the largest Covid-19 testing centre outside of China, the United Arab Emirates offered the US embassy hundreds of tests to screen its staff. But the gesture by the UAE — one of …
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Posted on 02/06/2020

TiE Dubai Invites The MENA’s Female Entrepreneurs To A Global Startup Competition

MENA region’s aspiring female entrepreneurs will now have an opportunity to collaborate and exhibit their business ideas at TiE’s global initiative, TiE Women.
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Posted on 02/06/2020

Dubai off-plan property sales rise as big discounts entice investors

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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Posted on 02/06/2020

TiE Dubai Takes MENA’s Female Entrepreneurs To A Global Startup Competition

MENA region’s aspiring female entrepreneurs will now have an opportunity to collaborate and exhibit their business ideas at TiE’s global initiative TiE Women.
( read original story …)


Posted on 02/06/2020

Rice in the Desert: Pandemic Spurs UAE to Grow More of its 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

The Blockchain Was Born 20 Years Before Bitcoin.

Scott Stornetta spoke about the creation of blockchain. The creation of a hashchain linked to a Time Stamp Authority, coupled with a global witness.
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Posted on 02/06/2020

ADX-listed companies gain Dh3.3 billion in Sunday’s trades

Abu Dhabi Securities Exchange – listed firms gained Dh3.3 billion in the first session of the week, capitalising on selective buys of blue chips which drove ADX’s general index to 4141 points, up 0.54 …
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Posted on 02/06/2020

Surprise uptick in Dubai property prices as off-plan sales eclipse resale in April

Dubai property prices recorded a slight unexpected uptick in April as off-plan sales registrations eclipsed resale. According to Property Monitor data, prices in April stood at Dh …
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Posted on 01/06/2020

Abu Dhabi Said to Near Pipeline Stake Sale to 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 01/06/2020

Chinese online grocery firm Dada looks to raise over $280mln in U.S. IPO

Dada Nexus Ltd said on Monday it aims to raise up to $280.5 million in an initial public offering (IPO) that could value the Chinese online grocery firm at over $3.72 billion. The company, whose IPO …
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Posted on 01/06/2020

UAE condemns Israeli plan to annex West Bank lands

The United Arab Emirates on Monday called on Israel to halt a plan to annex parts of the occupied West Bank — joining a long list of Arab nations that have condemned the expected Israeli move. The UAE …
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Posted on 01/06/2020

Bank assets in Abu Dhabi, Dubai hit $788bln in April

Gross assets of banks operating in Abu Dhabi and Dubai have risen to around AED2.897 trillion ($788 billion), by the end of April, accounting for 92 percent of total banking assets in the country, …
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