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Month: July 2020

Posted on 14/07/2020

Sharjah-Pune flight repatriates 174 passengers

The permission for third flight of Aami Parivar group was approved on July 11 for 174 passengers from Sharjah. The Aami parivar’s second flight took off on July 11 to Mumbai with 174 passengers. The …
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Posted on 14/07/2020

Emirate of Sharjah sells $1b in 30-year Formosa bonds

The government of Sharjah sold $1 billion in 30-year Formosa bonds on Tuesday at four per cent, a document showed. Gulf states are seeking to bolster their finances amid the economic impact of the …
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Posted on 14/07/2020

Sharjah sells $1bln in 30-year Formosa bonds -document

Formosa bonds are sold in Taiwan by foreign borrowers and are denominated in currencies other than the Taiwanese dollar …
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Posted on 14/07/2020

United Arab Emirates aims for Mars with ambitious “Hope” mission – first of 3 Mars launches scheduled this month

Nation aims to join an exclusive club with its first interplanetary launch. China and the U.S. also have Mars missions set to launch this month.
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Posted on 14/07/2020

United Arab Emirates looks to make history with Tuesday’s Mars mission launch

The United Arab Emirates is set to make history this week by becoming the first Arab nation to launch a spacecraft into orbit around Mars with its Hope mission.
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Posted on 14/07/2020

Home Use WiFi Router Market to See Huge Growth by 2026 : NETGEAR, TP-LINK, D-Link

Stay up-to-date with Home Use WiFi Router Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth.
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Posted on 14/07/2020

Emirate of Sharjah sells $1 bln in 30-year Formosa bonds -document

The government of Sharjah s old $1 billion in 30-year Formosa bonds on Tuesday at 4%, a document showed. Gulf states are seeking to bolster their finances amid the economic impact of the coronavirus …
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Posted on 14/07/2020

Sharjah charity pledges Dh6 million to launch projects for refugees

A global charity in Sharjah on July 14, pledged $1.6 million (Dh5.88 million) to bring hope to refugees through five new humanitarian projects in Kenya, Pakistan and Jordan. The Big Heart Foundation …
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Posted on 14/07/2020

Saudi bourse says derivative product to boost investment profile ahead of IPO

These comments came as the Saudi Stock Exchange earlier announced that its derivatives market would launch on August 30 …
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Posted on 14/07/2020

Shariah Law Opens to Crypto Trading, but Full Adoption Highly Unlikely

Also, while crypto trading may soon start to gain mainstream … In fact, he pointed out that a number of countries like Iran, Turkey, and UAE already have clear Shariah rules on how …
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Posted on 14/07/2020

Man thrown to death from fifth floor in Sharjah

Sharjah Police have launched an investigation and a manhunt for an African gang who threw an Asian man from an apartment of a tower located Al Nahda last week, police source said. The gang members …
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Posted on 14/07/2020

US tech firm turns Dubai desert air into bottled water

The rectangular boxes – measuring around 2.4 meters (8 feet) by 1.2 meters – absorb water vapour and extract it using solar energy. Although they can operate almost anywhere the sun shines, Dubai’s …
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Posted on 14/07/2020

Robots deployed to sanitise Dubai hospitals, health centres

This comes as all diagnostic and therapeutic services have been restored at Dubai healthcare facilities. “Using smart technology makes the sterilisation process thorough, efficient and less …
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Posted on 14/07/2020

UAE stocks stumble, again led by real estate and banking

On UAE indices, real estate and banking stocks again came under pressure, with DFM dipping 0.72 per cent, while ADX slipped 0.54 per cent. Among blue-chips, Commercial Bank of Dubai was down 4.86 per …
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Posted on 14/07/2020

Sharjah’s ‘Big Heart’ reveals $1.6m humanitarian projects in Kenya, Pakistan, Jordan

Sharjah: Sharjah-based global humanitarian charity The Big Heart Foundation (TBHF) on Tuesday announced the allocation of $1.6 million (around Dh5.88 million) to launch five humanitarian projects in …
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Posted on 14/07/2020

Road deaths down 43.5 per cent in Sharjah, accidents drop 37 per cent

Road traffic deaths have decreased 43.5 per cent and traffic accidents are down 37 per cent in Sharjah, according to police statistics. Sharjah Police say this is thanks in part to awareness campaigns …
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Posted on 14/07/2020

Dubai landlord loses lawsuit over demolished house; Now he owes Syracuse $29K

A lawsuit from an absentee landlord over a demolished house backfired last month, with the landlord owing the city more than the house was worth. The landlord, Blake Global LLC, had accused the city …
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