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Month: July 2020

Posted on 11/07/2020

UAE to stage gradual recovery in mid-, late-2021

The UAE has rolled out stimulus packages worth about Dh100 billion, majority of which had been earmarked towards SMEs as well as consumers.
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Posted on 11/07/2020

Dubai Announces New Economic Aid, Bringing Total to $1.7 Billion

The government of Dubai announced a new set of economic incentives on Saturday, as the city continues to fight off the fallout from the coronavirus pandemic. The new package, worth 1.5 billion dirhams …
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Posted on 11/07/2020

Dubai SME provides Dh170m worth incentives and services

Value of Dubai SME incentives and exemptions since its inception exceeds Dh630 million Dubai: The past year saw 3,871 Emirati entrepreneurs benefit from the start-up advisory services of Dubai SME, …
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Posted on 11/07/2020

Top headlines: UAE’s latest…

The UAE Cabinet on Friday issued a decision that cancels all recently issued resolutions about the validity of residency visas from today, July 11. These include the residency extension previously …
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Posted on 11/07/2020

UAE- Four charge-sheeted in Kerala gold smuggling case

The Kerala gold smuggling case, which has rocked the Pinarayi Vijayan government, took a new turn with the National Investigation Agency (NIA) registering an FIR against four persons, including prime …
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Posted on 11/07/2020

Dubai Announces New Economic Support Package, Worth Over $400 Million

Dubai has announced a new package to help the economy cope with the effects of the coronavirus outbreak, worth 1.5 billion dirhams ($408 million), the crown prince of the emirate, Hamdan Bin Mohammed …
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Posted on 11/07/2020

Dubai announces $408.4m stimulus package to combat coronavirus slowdown

Dubai has announced a AED1.5 billion ($408.4m) stimulus package to support the emirate’s economy during the ongoing financial crisis caused by the Covid-19 global pandemic. The package was announced …
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Posted on 11/07/2020

Dubai SME helped over 3,800 Emirati entrepreneurs in 2019

Dubai SME helped 3,871 Emirati entrepreneurs last year to the tune of almost AED170 million ($46.3m) worth of exemptions and incentives. The agency of Dubai Economy, which was launched in 2002, is …
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Posted on 11/07/2020

FIrst UAE-China digital expo kicks off on July 15

UAE Economic and Trade Digital Expo will be held jointly by the UAE Ministry of Economy and the China Council for the Promotion of International Trade (CCPIT) from July 15 to 21. The week-long event …
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Posted on 11/07/2020

UFC Fight Island: Danny Henry ready for ‘historic’ fight on Abu Dhabi beach

Edinburgh featherweight Danny Henry returns to the octagon on Sunday as part of UFC 251 in Abu Dhabi. Henry will face Makwan Amirkhani on Yas Island, which has been branded “Fight Island” for the …
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Posted on 11/07/2020

UAE and China look to revive bilateral economic activity through Digital Expo

The Ministry of Economy of the UAE and the China Council for the Promotion of International Trade (CCPIT), will together host the first China-UAE Economic and Trade Digital Expo, a platform designed …
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Posted on 11/07/2020

Coronavirus: Emirates’ Clark says Dubai airline to cut 10-20% jobs

The President of Dubai’s flagship carrier Emirates airline says that the airline will have shrunk its workforce by between 10 and 20 per cent by the end of it and that it was burning up to $1 million …
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Posted on 11/07/2020

Moody’s assigns provisional Baa2 to Sharjah’s GMTN Programme

Dubai – Moody’s Investors Service has assigned a provisional rating of Baa2 to the Government of Sharjah’s Global Medium Term Note (GMTN) Programme. The Baa2 rating on the emirate’s proposed GMTN …
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Posted on 11/07/2020

Kempinski Hotel Mall of Emirates receives Bureau Veritas Safeguard Label

Kempinski Hotel Mall of the Emirates has become the Dubai property to receive the Safeguard Label from Bureau Veritas. The five-star hotel has been recognised for its upgraded hygiene measures through …
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Posted on 11/07/2020

Funeral prayer for Sharjah Deputy Ruler to be held at all mosques in emirate

Funeral prayers will be performed in all Sharjah mosques today to mourn Sheikh Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, who died on Thursday. The prayer will follow Duhr prayer, the …
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Posted on 11/07/2020

Usman, Masvidal make weight for UFC 251 showdown at new “Fight Island” in Abu Dhabi

WELTERWEIGHT CHAMP KAMARU USMAN WALKING ON STAGE TO WEIGH IN 2. USMAN ON SCALE AND HIS WEIGHT BEING ANNOUNCED AT 170 POUNDS (77.1 KGS) 3. WELTERWEIGHT CHALLENGER JORGE MASVIDAL ON SCALE WEIGHING IN AT …
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Posted on 11/07/2020

UAE rated GCC region’s best in UN’s 2020 Online Services Index

The UAE has been ranked first regionally and 8th globally in the UN’s 2020 Online Services Index (OSI), according to an e-government survey conducted by the United Nations. The country was also ranked …
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