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Month: July 2020

Posted on 06/07/2020

UAE central bank to launch new overnight deposit facility

The United Arab Emirates Central Bank said on Monday it will introduce a new overnight deposit facility as of July 12 which will reflect the monetary policy of the regulator. DUBAI, July 6 (Reuters) – …
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Posted on 06/07/2020

COVID-19: Dubai resident used a microwave to disinfect his cash

Dubai Police urged residents to always disinfect their money in correct and proper manner Dubai: Police have warned residents not use innovative ways to disinfect their cash and to stick to …
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Posted on 06/07/2020

Central Bank of UAE introduces new overnight deposit facility for conventional banks

Overnight Deposit Facility that will allow conventional banks operating in the country to deposit their surplus liquidity at the central bank on an overnight basis. The ODF, effective from July 12, …
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Posted on 06/07/2020

Indian diplomat’s wife shares Vande Bharat COVID-19 repatriation journey from Dubai

Dubai: When the time neared to end her five-and-a-half years of life in the UAE as the wife an Indian diplomat posted at the Indian Consulate in Dubai, a return home on a repatriation flight had not …
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Posted on 06/07/2020

Goodbye Dubai: Photographer Captures Expats Who Lost Jobs During Pandemic

Louisa Sumagui and her family wanted a final momento of their 12 years in Dubai before returning to Australia after losing jobs in the tourism industry due to the coronavirus pandemic.
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Posted on 06/07/2020

Coronavirus: Dubai opens to tourists July 7, all you need to know from Emirates

Dubai will be open to international tourists from Tuesday, July 7, as the emirate continues to reopen from the lockdown it imposed to slow the spread of coronavirus. Emirates airlines, Dubai’s largest …
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Posted on 06/07/2020

DMCC continues expansion of the laboratory-grown diamond sector in Dubai

Dubai, UAE: DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed Lumex to the expanding community of laboratory-grown diamond …
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Posted on 06/07/2020

Dubai’s KHDA issues detailed school reopening plan

Dubai Knowledge and Human Development Authority (KHDA) has released a 118-point plan for schools in the emirate to reopen in September. The strict guidelines have been produced in order to ensure a …
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Posted on 06/07/2020

UAE expats: How easy is it for a non-UK national to buy property in Britain?

If you are not British and you are wondering whether you can own property in the UK, the answer is yes, you can buy property in the UK – even if you do not live in the country. Many expatriates have …
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Posted on 06/07/2020

UAE investor inks deal for $350m Oman tech city

Oman’s Salalah Free Zone has signed an agreement with a UAE investor for the establishment of a Technology City at an investment of around $350 million, reported Oman Observer. Spread over a sprawling …
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Posted on 06/07/2020

Dubai manual lists 5 elements to ensure transparency, best practices

The Commercial Compliance and Consumer Protection (CCCP) sector in Dubai Economy recently published the Commercial Compliance Manual to ensure best practices and competitiveness across the emirate’s …
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Posted on 06/07/2020

Sharjah joins forces with major Malaysian engineering firm

Sharjah Asset Management (SAM), the investment arm of the Sharjah government, has launched a new company in partnership with the largest engineering consulting firm in Malaysia (CHSS). The new …
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Posted on 06/07/2020

UAE merges ministries in ambitious government restructuring

The United Arab Emirates has announced a sweeping government restructuring, merging ministries and departments as the Gulf state chases economic revival in the wake of coronavirus lockdowns. UAE …
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Posted on 06/07/2020

Sheikh Khalifa approves new UAE government structure

The new structure includes the closure of 50 per cent of government services centres and their transformation into digital platforms within two years.
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Posted on 06/07/2020

Catalyzing Online Commerce: How The COVID-19 Pandemic Has Impacted Business As We Know It

Visa’s COVID-19 CEMEA Impact Tracker shows how the COVID-19 pandemic has radically altered how customers interact with businesses today …
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Posted on 06/07/2020

UAE Restructures Government, Merges Half of Federal Agencies

The United Arab Emirates restructured its government, merging 50% of federal agencies as the Persian Gulf nation seeks to shore up finances battered by the coronavirus pandemic and oil’s slump.
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Posted on 06/07/2020

Emirates flight attendant jailed in Dubai after first date goes wrong

A British flight attendant is being held in a notorious Dubai prison after police allegedly found two cannabis joints in her date’s apartment.
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