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Month: July 2020

Posted on 20/07/2020

UAE Joins Growing List Of Nations That Have Sent Spacecraft To Mars

It’s the country’s first interplanetary space shot. “The UAE is now a member of the club and we will learn more and we will engage more and we’ll continue developing our space exploration program,” …
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Posted on 20/07/2020

Dubai solar company SirajPower secures $50m credit from Apicorp

Dubai-based renewable energy firm SirajPower signed a $50 million (Dh183.6m) long-term non-recourse credit facility deal with distributed solar power generation from Arab Petroleum Investments …
( read original story …)


Posted on 20/07/2020

OPPO: Creating art out of technology

As the UAE launches into the space today with Hope Probe, OPPO also recently announced an innovative line-up of charging technology. Recently, OPPO successfully revealed the 125W flash charge, 65W …
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Posted on 20/07/2020

Coronavirus: Four more museums reopen in Sharjah

Attractions include Sharjah Fort, Maritime, Classic Cars and Al Mahatta Museums Sharjah: Sharjah Museums Authority (SMA) has announced that four more of its attractions have reopened their doors …
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Posted on 20/07/2020

The UAE has successfully launched the Arab world’s first Mars mission

The United Arab Emirates successfully launched its Mars-bound Hope Probe on Sunday, marking the the Arab world’s first interplanetary mission — and the first of three international missions to the …
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Posted on 20/07/2020

UAE successfully launches its Hope Probe on a mission to Mars

The UAE’s Mars-bound Hope mission has successfully launched from Japan’s Tanegashima Space Center aboard a Mitsubishi H-2A rocket. About an hour after liftoff, the Hope Probe separated from the rocket …
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Posted on 20/07/2020

UAE’s Sirajpower Secures a $50 Million Portfolio Debt Financing From APICORp

SirajPower, UAE’s leading distributed solar energy provider, today announced it has signed a $50 million long-term non-recourse credit facility for sola …
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Posted on 20/07/2020

What to expect from the world’s top attractions in the age of coronavirus

Famous destinations around the world are reopening. Here’s what it’s like to visit some of the top attractions in New York, London, Dubai and Italy.
( read original story …)


Posted on 20/07/2020

Abu Dhabi Builders Face Less Problems Than Dubai’s, Moody’s Says

Abu Dhabi real estate companies will face less severe headwinds from the double whammy of the coronavirus pandemic and lower oil prices than those in neighboring Dubai, Moody’s Investors Service said.
( read original story …)


Posted on 20/07/2020

Dubai solar firm SirajPower secures $50m credit facility from Apicorp

The funding will allow SirajPower to expand its business across various sectors while significantly reducing its utility bills and carbon footprint …
( read original story …)


Posted on 20/07/2020

Historic UAE Hope Probe Mars Mission takes off – as it happened

The UAE Hope Probe rocket launched as planned at 1.58am UAE time in perfect weather at the Japa. Stunning video and images showed the hi …
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Posted on 20/07/2020

Why Reliance Jio can rise five times above its $64 billion private market valuation?

Last week witnessed a feeding frenzy from the crème de la crème of Wall Street’s smart money (and some Dubai’s smart money LOL … state of the art wireless network, Mukesh Ambani realized that he …
( read original story …)


Posted on 20/07/2020

What UAE SMEs need is a full-scale revival plan

The task before you – to catalyze entrepreneurship and attract businesses to the UAE – is a challenging one. We hope the broad scope of issues to be tackled, is accompanied by the appropriate latitude …
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Posted on 20/07/2020

Most-wanted Wirecard executive transferred large amounts of Bitcoin from Dubai to Russia—Report

The former chief operating officer at disgraced payments firm Wirecard has reportedly transferred bitcoin from Dubai following his escape from Germany, according to reporting by German media.  Jan …
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Posted on 20/07/2020

Dubai’s Biggest Bank Profit Slumps After $1.1 Billion Provisions

Emirates NBD PJSC first-half profit slumped 45% after it set aside $1.1 billion in provisions to cover an expected spike in bad loans brought on by the coronavirus pandemic.
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Posted on 20/07/2020

Dubai Chamber Launches Task Force To Analyze And Tackle The Issue Of Late Payments In The UAE

Launched under the banner of Dubai Chamber’s Sustainability Network, the Task Force on Prompt Payment Practices for Subcontractors and Suppliers is set to explore the causes behind late payments, …
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Posted on 20/07/2020

UAE’s Hope probe transmits first signal from space orbit

It was a new dawn when the whole nation erupted with joy and pride as the UAE’s historic Mars mission was successfully launched at 1.58am local time to the first-ever Arabic countdown for a rocket. An …
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