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Month: August 2020

Posted on 11/08/2020

Abu Dhabi’s Khalifa Port Terminal to connect Europe, Subcontinent

CSP Abu Dhabi Terminal, the first overseas greenfield project of Cosco Shipping Ports Limited (CSP), has announced the start of a direct, weekly service to several ports across Europe and the Indian …
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Posted on 11/08/2020

UAE stocks post $4.08bln in market cap gains

ABU DHABI – UAE financial markets on Monday posted combined gains … which sent its share up to AED1.42. Aldar Properties rose to AED1.75 and ADQ to AED35. In DFM, Emaar picked up to AED2.67, Emaar …
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Posted on 11/08/2020

Arctech Solar Unveiled Smart Rooftop II BIPV Solution at the SNEC 2020 Shanghai

Arctech Solar, a world-leading solar tracking, racking and BIPV system provider, officially launched its Smart Rooftop II BIPV System at the SNEC 2020. The new generation BIPV system redefines the …
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Posted on 11/08/2020

Our Columnist Flew to Dubai — This Is What He Learned About a Reopening

After its reopening to global tourism on July 7, Dubai was one of the first locations in the world to open its borders to a wide range of nations. Rather …
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Posted on 11/08/2020

Dubai’s non-oil economy expands for first time this year in July

New business orders and output were rising at quicker rates during the month Dubai: Dubai’s non-oil economy got a boost in July, with numbers showing the first monthly expansion as output and new …
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Posted on 11/08/2020

Dubai’s non-oil private sector economy returns to expansion with ease of restrictions

Improved business conditions were largely driven by a solid increase in new work received by Dubai companies in July …
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Posted on 11/08/2020

How Aramco outperformed international oil companies

Saudi Aramco released its second quarter earnings on Sunday and announced that it would hold its $75 billion dividend despite first half and second quarter net income having fallen by 50 percent and …
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Posted on 11/08/2020

Sustainable Transformation Should Inspire Post-Pandemic Business Recovery

UAE business leaders will need to transition from immediate crisis response to reinvesting in smart and lean operations as part of a long-term sustainable transformation.
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Posted on 11/08/2020

Tuesday morning traffic clogs Sharjah, Dubai roads

Morning rush hour slowed down traffic movement and caused huge tailbacks on key Dubai-Sharjah roads on Tuesday. According to Google Maps, tailbacks were reported on Sheikh Mohammed bin Zayed Road and …
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Posted on 11/08/2020

IPL gets government nod for UAE, invites new title sponsor

The Board of Control for Cricket in India (BCCI) has received government permission to stage this year’s Indian Premier League (IPL) in the United Arab Emirates, the league’s chairman Brijesh Patel …
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Posted on 11/08/2020

Abu Dhabi Real Estate Holistic Property Management

A brief on the holistic property management solutions in the Abu Dhabi real estate sector, and the way it affects property investment.
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Posted on 11/08/2020

Sheikh Mohammed made a surprise visit to a mall in Dubai

HH Sheikh Mohammed Bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai, […] …
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Posted on 10/08/2020

Nasdaq, Dubai Gold & Commodities Exchange sign technology agreement

Nasdaq and the Dubai Gold & Commodities Exchange (DGCX) have announced a major market technology agreement for Nasdaq to provide DGCX …
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Posted on 10/08/2020

ThinkMarkets Planning for a $300 Million Australian IPO

ThinkMarkets, an online forex and contracts-for-differences (CFDs) broker, is planning for a $300 million initial public offering (IPO) by the end of this year.
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Posted on 10/08/2020

Dubai’s DGCX, Nasdaq technology deal set to boost region’s capital markets

Nasdaq and Dubai Gold & Commodities Exchange (DGCX) has signed an agreement enabling the derivatives exchange to avail a full suite of integrated marketplace solutions via Nasdaq Financial Framework …
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Posted on 10/08/2020

Dubai-Kozhikode Air India crash: Do you suffer from fear of flying? You are not alone

Shahnavaz, a Dubai resident who hails from Mallapuram … to help my husband and parents with the catering business they run. However, since the lockdown, business had suffered and I was not …
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Posted on 10/08/2020

Dubai’s cloud kitchen platform iKcon secures $10mln funding

According to the company, the Covid-19 pandemic has accelerated the food delivery market’s growth and proven the resiliency of iKcon’s business model. Currently iKcon operates ten cloud kitchens …
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