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Month: September 2020

Posted on 16/09/2020

After UAE and Bahrain Deals, Eyes Turn Toward Saudi Arabia

Israel’s agreements with the UAE and Bahrain provide Riyadh a beta test on normalizing relations with the Jewish state.
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Posted on 16/09/2020

Gauging the impact of the global pandemic on the Real Estate market in Dubai

In gauging the COVID-19 pandemic’s impact on the real estate market in Dubai, Euronews’ Target discovers that the first half of 2020 actually saw transactions worth the equivalent of €16.
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Posted on 16/09/2020

UAE’s Masdar to buy stake in Benban’s PV park from Ib Vogt

The PV plant is located in Egypt’s sprawling Benban solar complex, where Ib Vogt has stakes in three more parks with a combined capacity of 166.5 MWp …
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Posted on 16/09/2020

UAE has managed to transform itself into global platform for innovation: Zaki Nusseibeh

The Pandemic, Human Civilisation and the Frontiers of Technology” organised by the Italian Cultural Institute Abu Dhabi, attended by Nicola Lener, Ambassador of the Italian Republic to the UAE, and …
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Posted on 16/09/2020

Dubai’s DP World and Israeli group to jointly bid for Haifa port

Dubai’s DP World is partnering with an Israeli group to bid for one of Israel’s two main ports and to examine opening a direct shipping line between the two Middle East states, it said on Wednesday.
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Posted on 16/09/2020

Preqin Opens New Office in Dubai

Preqin is pleased to announce that it has established a new permanent office in Dubai, United Arab Emirates. This location marks Preqin’s 12 th office opening, and its second in EMEA. Having opened …
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Posted on 16/09/2020

Coronavirus: Dubai fines 12 businesses for Covid-19 violations

As part of daily inspections, Dubai Economy fined 12 establishments, including gyms, business in malls and sewing shops, for flouting Covid-19 rules. In a tweet Dubai Economy stated that 12 …
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Posted on 16/09/2020

Cheniere gets $615M infusion from Abu Dhabi

Abu Dhabi’s main sovereign wealth fund disclosed a 5.1 percent stake in Cheniere Energy, the Houston LNG exporter.
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Posted on 16/09/2020

Abu Dhabi’s sovereign fund ADIA discloses 5.05% stake in Cheniere Energy

United Arab Emirates’ biggest sovereign wealth fund, has disclosed a 5.05% stake in U.S. liquefied natural gas producer Cheniere Energy LNG.A in a filing with the U.S. Securities and Exchange …
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Posted on 16/09/2020

Abu Dhabi authorities take strong action over illegal oyster trade

Abu Dhabi authorities are stepping up efforts to combat the illegal oyster trade after warning offenders they could face jail time and heavy fines of up to Dh100,000. The Environment Agency Abu Dhabi …
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Posted on 16/09/2020

UAE Ministry of Finance launches third generation e-Dirham system

MoF indicated that all customers can now pay government services fees using the new e-Dirham system. The new phase of the system included the Ministry of Economy (MoE), the Ministry of Finance (MoF), …
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Posted on 16/09/2020

Ajman Pay becomes UAE’s first local payment gateway to link with e-Dirham’s G3 cards

AJMAN – Ajman’s Department of Finance has announced that it will add e-Dirham’s third generation cards (G3) to Ajman Pay’s payment options, making it the UAE’s first smart government payment portal to …
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Posted on 16/09/2020

From live cooking stations to a working beehive: first look at Dubai’s new food hall at City Centre Deira

Those looking for a bite to eat after a day of shopping at City Centre Deira now have a new destination to check out. On Tuesday, Majid Al Futtaim introduced Food Central, its first “culinary …
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Posted on 16/09/2020

Majid Al Futtaim launches new food destination in Dubai

Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has introduced a new culinary experience in the country with the launch of Food Central at City Centre Deira in Dubai.
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Posted on 16/09/2020

Nigeria to Regulate Crypto-Currencies to Protect Investors

Nigeria’s Securities and Exchange Commission said it will regulate trade in digital currencies to provide protection for investors and to ensure that transactions are transparent.
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Posted on 16/09/2020

UAE Heart Failure Treatment Drugs Market to Surpass US$ 97.5 Million by 2027, Says Coherent Market Insights (CMI)

The increasing incidence of chronic cardiovascular diseases is driving demand for drugs for treatment of cardiovascular diseases.
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Posted on 16/09/2020

James Carafano: Israel-UAE-Bahrain agreements show why Trump was nominated for Nobel Peace Prize

President Trump’s unorthodox approach to foreign policy has paid off. He’s been nominated for the Nobel Peace Prize.
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