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Month: September 2020

Posted on 24/09/2020

Saudi Arabia’s BinDawood Holding to delay IPO retail offering

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

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. Adds details DUBAI, Sept 24 (Reuters) – The United Arab …
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Posted on 24/09/2020

Central bank forecasts UAE GDP to contract 5.2 per cent in 2020

According to the central bank report, the third quarter would register a milder contraction of the non-hydrocarbon GDP that could linger, albeit at a much milder pace, in the four …
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Posted on 24/09/2020

Sharjah Police rescue two Emiratis trapped in the desert

Sharjah: Sharjah Police came to the rescue of two Emirati men whose vehicle got stuck in the desert in the Maliha area yesterday. According to Lt Colonel Rashid Bin Sandl, Director of Rescue …
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Posted on 24/09/2020

Many Dubai property owners yet to clear 2020 service fees despite legal notices

Dubai: A majority of property owners in Dubai don’t seem to be in the mood to pay off their service charge dues for first six months of 2020, and with just days left for the 30-day grace period left.
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Posted on 24/09/2020

Tourist are now allowed to return to Abu Dhabi and other emirates

Tourists will be able to return to Abu Dhabi from today (Thursday September 24), according to the UAE’s federal immigration service said. Borders have been closed to international holidaymakers since …
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Posted on 24/09/2020

Abu Dhabi reveals huge surge in Saudi trade deals

The value of non-oil trade in goods between Abu Dhabi and Saudi Arabia over the past decade hits $134.5bn, just slightly less than Dubai …
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Posted on 24/09/2020

Abu Dhabi reveals plan to build world’s largest indoor farm

GreenFactory Emirates will produce 10,000 tonnes of fresh produce per year and combine vertical and flat farming techniques …
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Posted on 24/09/2020

Countries must agree COVID-19 test protocol to save travel industry – Dubai Airports CEO

Dubai Airports CEO said bilateral agreements are needed between airports to get the aviation industry back on its feet …
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Posted on 24/09/2020

Sharjah updates travel guidelines as tourist market looks to rebound

All visitors to Sharjah must have a negative Covid-19 test report, conducted not more than 96 hours earlier, before arriving …
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Posted on 24/09/2020

Abu Dhabi and five other emirates to issue tourist visas from today

Tourists can secure visas to travel to the UAE from Thursday, the country’s federal immigration service said. The decision means Abu Dhabi and five other emirates will allow visitors back for the …
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Posted on 24/09/2020

Coronavirus news bulletin from UAE: 1,083 new cases reported; Sharjah lifts all travel restrictions; gaming centres to reopen in Abu Dhabi

The UAE Ministry of Health and Prevention on Wednesday reported 1,083 cases of the Covid-19 coronavirus, along with 970 recoveries. One death was also reported. More than 103,100 new Covid-19 tests …
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Posted on 24/09/2020

Non-oil trade between Abu Dhabi and Saudi Arabia amounted to Dhs493.8bn over last decade

The value of non-oil trade in goods between Abu Dhabi and Saudi Arabia totalled Dhs493.8bn over the past 10 years, according to figures released by the Abu Dhabi Customs. In 2019, trade between Abu …
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Posted on 24/09/2020

Al-Habtoor signs deal with Israeli technology firm

Dubai-based Al-Habtoor Group (AHG) and Israel’s Mobileye have signed strategic cooperation agreement to bring smart driving solutions to the UAE. It is one of the first major co …
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Posted on 24/09/2020

Coronavirus: Dubai shops can deny entry to customers violating COVID-19 precautions

Shops in Dubai are allowed to deny entry to customers who are not adhering to the compulsory coronavirus precautionary measures, state news agency WAM reported on Wednesday. “Dubai Economy affirmed …
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Posted on 24/09/2020

Sharjah Media City: Paving the way for the next generation of entrepreneurs

At Sharjah Media City (Shams), we have seen first-hand the resilience and ingenuity of the SMEs registered with us and their appetite to adapt and overcome the difficulties they have been facing. We …
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Posted on 24/09/2020

UAE weather: temperatures in Dubai and Abu Dhabi will barely hit 40s on Thursday

Temperatures in Dubai and Abu Dhabi will barely hit the 40s on Thursday, while the maximum elsewhere is likely to be 44°C. In Dubai the forecast is for 39°C, while Abu Dhabi should reach 40°C. The …
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