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Month: July 2020

Posted on 23/07/2020

Pandemic travel restrictions leave Nigerian mother stranded in Dubai with newborn quadruplets

A Nigerian mother and her quadruplets remain in Dubai because of coronavirus travel restrictions that have prevented them from traveling home, her husband told CNN.
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Posted on 22/07/2020

Students from 10 different countries graduate from Sheikh Mohammed bin Rashid’s prestigious Dubai Business Associates programme

Managed by Falcon and Associates, the DBA programme offers outstanding and ambitious graduates an unrivalled opportunity to study and do business in Dubai, a dynamic and multicultural hub for global …
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Posted on 22/07/2020

UAE-based Green Petrochem plans expansion in Hamriyah

easy access to regional and international markets and many world class facilities and services for investors looking to establish their business in the UAE and operate with the support of a customer …
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Posted on 22/07/2020

Sharjah Islamic Bank achieves 8.6% increase in operating profits to $90.4mln in H1 2020

SHARJAH – Sharjah Islamic Bank, SIB, recorded an 8.6 percent increase in its operating profits amounting to AED 332.3 million in the first half of 2020 compared to AED 305.9 million for the same …
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Posted on 22/07/2020

Nigerian mother stranded in Dubai with newborn quadruplets amid Covid travel restrictions

A Nigerian mother and her quadruplets remain in Dubai because of coronavirus travel restrictions that have prevented them from traveling home, her husband told CNN.
( read original story …)


Posted on 22/07/2020

Roadmap to create ‘fastest route to recovery’ for Dubai’s culture industry

The launch of Dubai Culture’s Six-Year Strategic Roadmap has been announced, with the overarching aim of positioning Dubai as a global centre for culture, an incubator for creativity and a thriving …
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Posted on 22/07/2020

ME sovereign investors cool on equities, look towards fixed income alternatives

Invesco recently released its eighth annual Global Sovereign Asset Management Study, an in-depth report which details the views of 139 chief investment officers, heads of asset classes and senior …
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Posted on 22/07/2020

Saudi Arabia to widen scope of privatisations, finance minister says

Saudi Arabia will look to sell assets in sectors that were not previously considered for privatisation, such as healthcare and education, the country’s finance minister said on Wednesday.
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Posted on 22/07/2020

Saudi July data promising for recovery, many uncertainties remain – finance minister

Saudi Arabia’s finance minister said on Wednesday that July data is promising for an economic recovery, though many uncertainties remain, and economic contraction will likely be less than the 6.8% …
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Posted on 22/07/2020

No final decision on G20 leaders summit being physical or virtual – Saudi finance minister

Saudi Arabia’s finance minister said on Wednesday that no final decision has been made on whether the G20 leaders summit will be physical or virtual and the matter is still being considered. The G20 …
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Posted on 22/07/2020

UAE’s ADNOC and ADQ form JV to invest in chemical projects

Abu Dhabi National Oil Company (ADNOC) and holding company ADQ have signed a joint venture deal to invest in chemicals projects in the planned Ruwais Derivatives Park, a statement from ADNOC said on …
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Posted on 22/07/2020

First Responder Technologies and Falcon Eye Drones Sign an Exclusive Distribution Agreement for UAE and Wider GCC

CNW/ – First Responder Technologies Inc. (“First Responder” or the “Company”) (CSE: WPN) (OTCQB: WPNNF) (FWB: 3WK), a developer of WiFi-based technologies for detecting concealed weapons and for deter …
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Posted on 22/07/2020

Sharjah FDI Office highlights how emirate is responding to shifting needs of American investors in current economic climate

Marwan Al Sarkal: Shurooq has been heeding investor sentiments to create economic diversity and enhance Sharjah’s appeal as an investment, tourism, and business destination. Mohamed Juma Al Musharrkh: …
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Posted on 22/07/2020

Bitrump Offers White Label Exchange Architecture to the UAE Crypto Industry

UAE based leading crypto exchange Bitrump is helping the local crypto industry and enterprises with their highly scalable …
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Posted on 22/07/2020

UAE’s migrant workers fret over future in coronavirus economy

When Kapil left his Nepali village for an airport job packing cargo in the United Arab Emirates, he thought he was securing a future for himself and his family.
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Posted on 22/07/2020

Sharjah Police handle 810,283 calls in six months

Of them, were 655,702 calls were made to the emergency number Sharjah: The Sharjah Police’s hotlines received a total of 810,283 calls during the first six months of this year. Brigadier Dr …
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Posted on 22/07/2020

Sharjah to have specialised breast care unit

In the presence of Sheikha Hend Faisal Al Qassimi, Al Zahra Hospital in Sharjah, announced the opening of a specialised breast care unit for residents of Sharjah and the Northern Emirates. The opening …
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