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Month: July 2020

Posted on 07/07/2020

German prosecutors arrest head of Wirecard’s Dubai unit

German prosecutors said on Monday they had arrested the head of a Dubai-based subsidiary of Wirecard, widening the circle of suspects in a multi-billion-dollar fraud investigation into the collapse of …
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Posted on 06/07/2020

‘Safe zone’ set up for UFC’s ‘Fight Island’ events in Abu Dhabi

A stretch of nearly 7 miles of Yas Island in Abu Dhabi has been cordoned off and set as the “safe zone” for the UFC’s “Fight Island” events.
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Posted on 06/07/2020

Ducab launches new 2MW solar plant in Jebel Ali

Ducab Group, one of the UAE’s largest manufacturing businesses, has announced the opening of its new 2MWp (megawatt peak) solar plant at its head office site in Jebel Ali, Dubai. With the official …
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Posted on 06/07/2020

Groundbreaking UAE-Israel Deal to Fight Coronavirus Unites Key Defense Companies

Israel is increasing its cooperation with Gulf states against the threats of the coronavirus and Iran-caused instability.
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Posted on 06/07/2020

MIDEAST STOCKS-Dubai outperforms in weak Gulf, Egypt extends gains

The Dubai stock market closed higher on Monday ahead of Dubai Financial Market (DFM), the emirate’s main stock exchange, reopening its trading floor from Tuesday after a three-month shutdown, while …
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Posted on 06/07/2020

UAE Cabinet reshuffle: federal fund handed more assets and responsibilities

In a decision announced by Sheikh Mohammed bin Rashid, companies including Federal Electricity and Water Authority and Emirates Real Estate Corporation are now attached to the Emirates Investment Auth …
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Posted on 06/07/2020

Amlak Finance signs agreement with Dubai Land Department

Amlak Finance has announced a newly formed partnership with Dubai Land Department (DLD), which aims at allowing customers to invest in …
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Posted on 06/07/2020

IRENA forges UAE sustainable finance pact

The International Renewable Energy Agency (IRENA) and global financial centre Abu Dhabi Global Market (ADGM) have signed a memorandum of understanding (MoU) to jointly commit to progressing …
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Posted on 06/07/2020

Dubai now has first female public bus drivers in the region

After the female taxi drivers, Dubai now has the first female publicr The Roads and Transport Authority (RTA) in Dubai revealed on Tuesday that it recruited the first batch of three female bus drivers …
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Posted on 06/07/2020

Video: Region’s first female public bus drivers hit the road in Dubai

Dubai’s Roads and Transport Authority (RTA) has recently recruited the first batch of female bus drivers on the city’s internal bus network, becoming the first in the Middle East to take this …
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Posted on 06/07/2020

PROJECTS: UAE-based cable manufacturer Ducab opens solar power plant in Dubai

UAE-based Ducab Group, one of the biggest cable manufacturers in the region, has opened its 2-megawatt peak (MWp) solar power plant at its Jebel Ali head office site in Dubai, it was announced on …
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Posted on 06/07/2020

Coronavirus: Dubai rolls out germ-busting robot to combat Covid-19

Dubai has rolled out its latest weapon in the fight against Covid-19 – a germ-busting robot which can disinfect hospital wards, malls and offices using ultraviolet light. Sanitizexperts, a home, …
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Posted on 06/07/2020

The UAE’s First Mars Mission Is a Robo-Meteorologist

The United Arab Emirates is preparing to launch its first Martian satellite, Hope, which will search for clues to the Red Planet’s atmospheric mysteries.
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Posted on 06/07/2020

Dubai Developments Group offers 3-6 month rental relief to its business tenants

Business tenants of Dubai Developments Group properties on Monday received a major relief as the group extended rental relief to small …
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Posted on 06/07/2020

Saudi Arabia’s biggest pharmacy firm Nahdi in early talks for IPO -sources

Saudi Arabia’s Nahdi Medical Co, the largest pharmacy retail chain in the kingdom, is weighing an initial public offering (IPO) and has begun early talks with potential advisors, two sources familiar …
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Posted on 06/07/2020

Fintech grabs top spot in UAE startups

The top three sectors real estate, fintech and food & beverage are proving to be the hot segments to invest This website uses cookies to improve your online experience. They were placed on your …
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Posted on 06/07/2020

A family’s life in a glass box during Dubai’s coronavirus lockdown

Natalie Naccache is a Lebanese British documentary photographer based between Dubai and Beirut. Brought up by Lebanese parents in London, her work challenges preconceived ideas of the Middle East in …
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