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Month: September 2020

Posted on 24/09/2020

$2.5t Islamic finance sector to rebound gradually

Covid-19 offers an opportunity for more integrated and transformative growth with a higher degree of standardisation, stronger focus on the industry’s …
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Posted on 24/09/2020

Open for business: How UAE-Israel peace is driving deals at breakneck speed

The news, announced August 13, has led to a slew of deals in recent weeks, with the establishment of a business council and signing of finance, tourism, and other agreements. In what some are calling …
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Posted on 24/09/2020

UFC Fight Island: Abu Dhabi ready for second iteration and more if needed, hopes realistic for fan return

Fight Island is a groundbreaking event for the UFC and global sport Abu Dhabi is ready for another month of UFC action – and will do all they can to try and get fans in to some of Fight Island 2 …
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Posted on 24/09/2020

MIDEAST STOCKS-Dubai leads most Gulf indexes lower as COVID-19 cases spike

Most Gulf markets ended lower on Thursday, with Dubai taking the hardest hit from losses in real estate shares, a day after the United Arab Emirates reported its sharpest daily spike in coronavirus …
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Posted on 24/09/2020

Another woman in Dubai fined Dh10,000 for organising party flouting Covid-19 rules

A woman in Dubai has been fined Dh10,000 for organising a private party violating Covid-19 preventive measures. The video of the party, which was attended by several media personal and an Arab …
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Posted on 24/09/2020

Microsoft empowers UAE businesses, education institutions and essential government organizations to achieve more, with the latest Surface devices

Company’s collaboration with the country’s essential-business, education and government sectors coincides with the national launch of Surface Go 2 for Business and for Education, Surface Book 3 for …
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Posted on 24/09/2020

Coronavirus in UAE: Sharjah resumes all travel with strict COVID-19 measures

In the United Arab Emirates, Sharjah is removing its travel ban after months of closures due to the coronavirus pandemic but has issued strict COVID-19 regulations for travelers, the Emirates News …
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Posted on 24/09/2020

Saudi Arabia’s BinDawood Holding to delay IPO retail offer

Saudi Arabia’s BinDawood Holding said on Thursday a development relating to the supermarket retailer that requires disclosure in a supplementary prospectus would delay the retail part of an initial …
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Posted on 24/09/2020

Woman fined in Dubai for house party violating COVID-19 rules

An Arab woman in Dubai was fined with a Dh10,000 fine for holding a house party, violating COVID-19 protocols. Dubai Police said the woman, who works as a decoration engineer, organised the private …
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Posted on 24/09/2020

UAE’s Apex National Investment signs agreement with Israel’s Sheba Medical Center

The agreement was virtually signed by Apex National Investment chairman Khalifa Yousef Khouri, and Yitshak Kreiss, director general of the Sheba Medical Center. According to the terms of the agreement …
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Posted on 24/09/2020

COVID-19: Five shops in Dubai fined; 24 warned for not following health protocols

Dubai: Dubai Economy (DED) has imposed fines on 24 business establishments and warned five shops for not placing social distancing stickers at their premises and the failure of their staff to wear …
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Posted on 24/09/2020

Uber’s Mideast business Careem sees speedier-than-expected recovery

Uber Technologies Inc-owned Middle East business Careem is seeing its ride service recover more quickly than expected from the coronavirus crisis, while its delivery business is larger than before the …
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Posted on 24/09/2020

Abu Dhabi pupils in years 10 to 13 screened for Covid-19 before they return to school on Sunday

Hundreds of children take a free PCR test at various drive-through centres and government facilities in the capital …
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Posted on 24/09/2020

Frontline workers in Abu Dhabi begin receiving COVID-19 vaccine

Frontline workers in Abu Dhabi’s vital sectors are now beginning to receive the COVID-19 vaccine, Abu Dhabi Media Office announced on Thursday. The Chinese-developed vaccine was granted emergency …
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Posted on 24/09/2020

UAE Reopens All Seven Regions to Foreign Visitors

All six Gulf Arab countries have lifted internal curfews and lockdowns, but restrictions on gatherings and foreign travel remain in the oil-producing region, where the total numbe …
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Posted on 24/09/2020

Rouhani: UAE, Bahrain will bear ‘consequences’ of Israel deals

Iran President Hassan Rouhani’s remarks come a day after Israel, UAE, Bahrain sign normalisation deals brokered by US.
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Posted on 24/09/2020

UPDATE 1-UAE central bank urges banks to step up anti-money laundering efforts

The United Arab Emirates central bank said banks should increase anti-money laundering efforts to safeguard financial stability in the country.
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