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Month: July 2020

Posted on 08/07/2020

Sharjah begins crackdown on two-wheeler riders violating traffic rules

Col Muhammad Alay Al Naqbi, director of the traffic and patrols department at the Sharjah Police, said they have begun a crackdown on two-wheelers not adhering to the traffic regulations in the …
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Posted on 08/07/2020

Abu Dhabi’s ‘Fight Island’ could become a lot more familiar if COVID-19 shuts down Las Vegas again

The UFC is spending July in Abu Dhabi at the so-called “Fight Island,” where it will put on UFC 251 on Saturday followed by other shows. It could become the new norm for the promotion.
( read original story …)


Posted on 08/07/2020

Abu Dhabi’s ‘Fight Island’ could become a lot more familiar if COVID-19 shuts Las Vegas down again

The UFC is spending July in Abu Dhabi at the so-called “Fight Island,” where it will put on UFC 251 on Saturday followed by Fight Night shows on July 15, July 18 and July 25. For us, the good news is …
( read original story …)


Posted on 08/07/2020

DSS 2020: 9 things to do when Dubai Summer Surprises begins — yoga at Burj Khalifa, fireworks at the Palm, mega sale

Strict safety measures have been put in place across the city as part of continuous efforts to fight Covid-19.
( read original story …)


Posted on 08/07/2020

Dubai firms told to cash in on stimulus measures

Businesses who set up their base in free zones across Dubai are advised to capitalise on the stimulus measures and incentives offered by …
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Posted on 07/07/2020

UAE’s ADNOC to boost August oil exports as OPEC+ cuts set to ease: sources

Abu Dhabi National Oil Company (ADNOC) plans to boost its oil exports in August, the first signal that OPEC and its allies are preparing to ease record oil output cuts next month, three sources …
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Posted on 07/07/2020

UAE’s Mars probe positioned on rocket ahead of lift-off

The UAE’s Hope Probe has been encapsulated within the payload fairing ahead of its lift-off from the Tanegashima Space Centre (TNSC) in Japan on July 15. The capsule has been positioned securely on to …
( read original story …)


Posted on 07/07/2020

Ring unveils GenNext mid-range video doorbell in UAE

Ring, an Amazon company involved in the manufacture of smart home security products line, has announced the launch of its next-generation mid-range video doorbell, Ring Video Doorbell 3, and its next …
( read original story …)


Posted on 07/07/2020

UAE- Lenovo Introduces New Factory Services for Expanded Portfolio of Windows Secured-core PCs

Now available on an extended Secured-core PC line of 12 ThinkPad™ X1, T, X and P series devices, Lenovo introduces new custom BIOS and imaging configuration service for Secured-core PC customers.
( read original story …)


Posted on 07/07/2020

Dubai reopens to tourists: ‘We have to be realistic’ but ‘confident’ on sector rebound

Dubai is betting on travelers for an economic boost despite low worldwide travel volumes and scorching Gulf summer weather.
( read original story …)


Posted on 07/07/2020

Dubai hotels ready to welcome foreign visitors as emirate reopens

In Dubai’s Atlantis resort, at the head of a palm tree-shaped island, workers in face masks clean cushions, sofas and king-size beds in luxury suites that have largely been vacant since the …
( read original story …)


Posted on 07/07/2020

UAE banks can withstand shocks of any size -central bank

The United Arab Emirates Central Bank said on Tuesday the country’s banking sector can withstand any scale of shock as banks are well capitalised, despite forecasting a deterioration of credit metrics …
( read original story …)


Posted on 07/07/2020

Coronavirus: UAE banking sector can withstand shocks of any size, says central bank

UAE banking sector is able to withstand macro-financial shocks of any size, says UAE Central Bak. (WAM) The United Arab Emirates Central Bank said on Tuesday the country’s banking sector can withstand …
( read original story …)


Posted on 07/07/2020

UAE banking system can withstand shocks of any scale, CBUAE says

Stress tests demonstrate the country’s banking system is ‘resilient’, with liquidity buffers well above regulatory requirements …
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Posted on 07/07/2020

UAE’s Central Bank launches new deposit facility for banks

The facility is a first step towards implementing the new Dirham Monetary Framework announced earlier this year …
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Posted on 07/07/2020

UAE Central Bank to launch overnight deposit facility for banks

A new facility allowing banks in the UAE to deposit surplus liquidity on an overnight basis is to be launched from July 12. The Central Bank of the UAE (CBUAE) is behind the Overnight Deposit Facility …
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Posted on 07/07/2020

MIDEAST STOCKS-Banks, property shares buoy UAE; Egypt retreats

The blue-chip index .EGX30 in Egypt slipped 0.3%, ending three sessions of gains, hurt by a 3.8% decline in tobacco monopoly Eastern Company EAST.CA. Saudi Arabia’s benchmark index .TASI edged up 0.1% …
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