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Month: August 2020

Posted on 31/08/2020

Emirates gets $2-billion injection from Dubai govt

The government of Dubai has injected 7.3 billion dirhams ($2 billion) in new equity into Emirates airline since March, according to a bond prospectus seen by Reuters.Dubai Crown Prince Sheikh Hamdan b …
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Posted on 31/08/2020

Dubai should consider cutting property registration fees to 2% from 4

If government can revise some fees here and there, it could all help with the return COVID-19 is a short-term challenge… while the UAE’s competitiveness is a long-term affair and built over decades.
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Posted on 31/08/2020

Deal With UAE Caps a New Phase of Israeli Diplomacy

The agreement between Israel and the United Arab Emirates announced in mid-August is the product of a third phase of Israeli peacemaking that builds on lessons learned from previous treaties with …
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Posted on 31/08/2020

Dubai to come back to debt market with 10-yr sukuk, 30-yr bonds

Dubai has hired banks to arrange investor calls ahead of a potential s ale of U.S. dollar-denominated 10-year sukuk, or Islamic bonds, and …
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Posted on 31/08/2020

Israeli business hopes for new chapter in UAE trade after historic deal

The first time we did this, they brought out the champagne,” said one traveller who visited this year to hawk an array of cyber-surveillance software from at least six Israeli manufacturers. On Monday …
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Posted on 31/08/2020

UAE weather: Cloud formation expected in Abu Dhabi and Al Ain, NCM issues alerts

NCM has issued yellow and orange alerts due to the cloud formation and windy conditions Dubai: UAE residents can expect another cloudy day, especially in the southern part of the country like Abu …
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Posted on 31/08/2020

Trump adviser sees more Arab, Muslim partners for Israel after UAE deal

U.S. President Donald Trump’s national security adviser said on Sunday more Arab and Muslim countries were likely to follow the United Arab Emirates in normalising relations with Israel.
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Posted on 31/08/2020

Dubai Chamber’s Online PPE Marketplace Witnesses 340% Increase In Company Registrations

A recent analysis by Dubai Chamber, based on data from TradeMap, identified China as the largest exporter of COVID-19 medical supplies to the UAE, with exports reaching a value of $623.7 million …
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Posted on 31/08/2020

Israel Sees $6.5 Billion in Trade as UAE Peace Talks Kick Off

Talks to normalize relations between Israel and the United Arab Emirates launch this week with a focus on economic issues, with thornier defense matters pushed off as controversy churns around the …
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Posted on 31/08/2020

Fund transfers between UAE’s banks amount to$1.4trln in six months

ABU DHABI: The total value of fund transfers among the UAE’s banks amounted to AED5.054 trillion during the first six months of 2020, according to the statistics released by the Central Bank of the …
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Posted on 31/08/2020

American School of Dubai (ASD) ready to welcome students back to school

The American School of Dubai (ASD) is looking forward to welcoming their students back to class in a blended learning model, and to their newly developed @ASD 100% distance learning programme. More …
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Posted on 31/08/2020

New rules set for establishing government companies in Dubai

The Dubai government is looking to curtail competition between the government and private sector, with a new ruling detailing terms under which state entities can form new companies. The Executive …
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Posted on 31/08/2020

Dubai to provide equal opportunity for private and public sectors

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, Image Credit: Twitter/Dubai Media Office Dubai: Sheikh Hamdan bin Mohammed bin …
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Posted on 30/08/2020

Historic Israel-Abu Dhabi flight to fly over Saudi airspace

Israeli and American officials were set to leave for Abu Dhabi on Monday morning. The flight will take three hours and 13 minutes, the Israeli Airline Pilots Association said on Sunday. An El Al pilot …
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Posted on 30/08/2020

New law for Dubai government entities to set up companies

Dubai’s Department of Finance … The resolution will be published in the Official Gazette and will be effective from the date of publication. – business@khaleejtimes.com Like us on Facebook to see …
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Posted on 30/08/2020

Public nurseries in Sharjah to reopen in October

Public nurseries in Sharjah will reopen on October 4, authorities announced on Sunday. The 28 public nurseries are for children whose parents work in the emirate’s government departments. Saeed Al …
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Posted on 30/08/2020

Take a sneak peek at what the first day back to school was like in Dubai

What is a typical UAE school day like in the time of COVID-19? On Sunday, GEMS New Millennium School, Al Khail, was one of the 200-plus private schools in Dubai that reopened after March, when the …
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