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Month: August 2020

Posted on 04/08/2020

Abu Dhabi’s FAB raises Dh1.8bn through Chinese yuan formosa bond

First Abu Dhabi Bank, the UAE’s largest lender by assets, has raised 3.6 billion Chinese yuan (Dh1.8bn) through the sale of a five-year formosa bond. The issue is the largest denominated in Chinese …
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Posted on 04/08/2020

Family says Iran abducted California man while in Dubai

DUBAI, United Arab Emirates (AP) — A California-based member of an Iranian militant opposition group in exile was abducted by Iran while staying in Dubai, his family said Tuesday.
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Posted on 04/08/2020

Dubai’s Emirates to resume flights to more cities

Dubai’s Emirates will resume passenger services to Kuwait City (August 5) and Lisbon (August 16), scaling its passenger network to 70 destinations in August. Flights from Dubai to Kuwait City will …
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Posted on 04/08/2020

Innovation and sustainability: Lavazza partners with Italy at Expo 2020 Dubai

TURIN, Italy, Aug. 4, 2020 /PRNewswire/ — The partnership agreement was signed today between Lavazza Group and the Commissioner General’s Office for Italy at Expo 2020 Dubai, strengthening the …
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Posted on 04/08/2020

Dubai Municipality announces second phase of the Al Qudra lakes treatment with LG Sonic technology

Dubai – LG Sonic is a leading international manufacturer … The system is also equipped with an advanced wireless communication hardware that uses satellite protocols to monitor and control the …
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Posted on 04/08/2020

Grab expands finance business with consumer loans services, wealth management

SINGAPORE – Grab, Southeast Asia’s biggest ridehailing firm, deepened its finance sector push on Tuesday by announcing that it will offer consumer loans services in Singapore and roll-out wealth …
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Posted on 04/08/2020

RAK Bank to close 25% of its branches next month

will shut down nine branches from next month as demand for digital banking grows among the UAE residents. The lender will close six branches in Dubai and one each in Sharjah, Khor Fakkan and Abu Dhabi …
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Posted on 04/08/2020

New Abu Dhabi Film Commission Head Talks Building Studio Space, Attracting Hollywood & Whether The UAE Could Get A Film Festival

Now, he has set up shop in Abu Dhabi in the UAE, the Middle East city which is attempting to establish itself as a global hub for film and TV shoots. To date, the location has housed shoots …
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Posted on 04/08/2020

Photos: Stunningly detailed maps of Abu Dhabi, Dubai released

A UAE satellite has pieced together stunningly detailed maps of Abu Dhabi and Dubai through an imagery system known as ‘mosaic’. The system used by KhalifaSat captures a matrix of individual digital …
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Posted on 04/08/2020

Sharp drop in Abu Dhabi’s Covid-19 cases

Screening initiatives and preventive measures by health authorities in Abu Dhabi have helped reduce the number dramatically The screening initiatives and preventive measures conducted by the …
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Posted on 04/08/2020

First Abu Dhabi Bank delivers another record breaking ‘Formosa’ bond

It is the biggest such issuance and besting previous record held by Credit Agricole First Abu Dhabi Bank continues to score with its Formosa debt offerings. Image Credit: Gulf News Archive Dubai …
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Posted on 04/08/2020

Family tells AP: Iran abducted California man while in Dubai

Iran abducted Sharmahd, a leader of a California-based Iranian militant exile group, while he was in Dubai, United Arab Emirates, and apparently smuggled him into Oman before bringing him to the …
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Posted on 04/08/2020

Well-maintained properties in Dubai’s older neighbourhoods hold price value

Homes in areas, such as Karama, Bur Dubai, Oud Metha are spacious, while the communities offer a vibrant lifestyle and convenient commuting options. Niral Sunil Jhaveri, head of property …
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Posted on 04/08/2020

Dubai Asset Management teams up with Urban to digitise leasing

Leading real estate player partnering with Urban demonstrates a growing appetite for taking the rental journey online, while giving platform users access to high-quality homes across the Emirate’s …
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Posted on 04/08/2020

Wireless Connectivity Market Size, Share, Trends Analysis and Growth Forecast by Type and Application from Forecasts to 2026

The Wireless Connectivity Market report introduces the organization … Argentina, Colombia, Saudi Arabia, UAE, Egypt, Nigeria, South Africa, and Others. Is there a problem with this press release?
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Posted on 04/08/2020

Dubai Chamber Launches Restaurants Business Group To Help Unify Voices Of The Dubai Restaurant Sector

With a wide variety of restaurant businesses in Dubai forming a part of the member companies, the business group provides a platform for to share knowledge and make policy recommendations while by …
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Posted on 04/08/2020

Sharjah records zero road deaths during Eid Al Adha holidays

Thanks to a comprehensive traffic management plan, the emirate of Sharjah did not record any deaths on its roads during the recent Eid Al Adha holidays, police said. The call centre at the Sharjah …
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