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Month: September 2020

Posted on 16/09/2020

David Wurmser: Israel-UAE-Bahrain agreements show Arab nations won’t let Palestinians block regional peace

Seventy-two years after the creation of the modern state of Israel, growing numbers of Arab and Muslim nations are reaching what should be an obvious conclusion: the Jewish state is here to stay, and …
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Posted on 16/09/2020

Revealed: Who is buying dream homes on Dubai’s $5bn Heart of Europe

First phase of project on Dubai World Islands is scheduled to handover in the fourth quarter of this year Emiratis have been revealed as the top buyers of properties on the $5 billion Heart of Europe …
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Posted on 16/09/2020

DEWA Organises Virtual WETEX and Dubai Solar Show From 26…

WETEX and Dubai Solar Show, First Ever Carbon Neutral 3D Virtual Exhibition (Photo: AETOSWire) “For 21 years, WETEX has established its position as one of the largest and most important global water, …
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Posted on 16/09/2020

Etisalat rolls out 5G home internet service in UAE

Etisalat subscribers in UAE can now access super-fast speeds on 5G fixed networks from their homes enabling them to stream high bandwidth 4K videos, enjoy cloud based gaming and low latency to meet …
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Posted on 16/09/2020

Abu Dhabi Takes $615 Million Stake in U.S. LNG Exporter Cheniere

Abu Dhabi’s sovereign wealth fund disclosed a 5.1% stake in Cheniere Energy Inc., the largest U.S. exporter of liquefied natural gas. Abu Dhabi Investment Authority disclosed its holding in a filing …
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Posted on 16/09/2020

UAE and Israel: A new era of economic possibilities

we can expect to see many new business negotiations and co-operation agreements in the near future.” The UAE is looking at eight trade and economic agreements, including double taxation and a …
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Posted on 16/09/2020

How Dubai is shaping up to be the new Silicon Valley for Indian techies

Growing trend of Indian firms working for UAE companies is reflected in the changing working week from Sunday to Thursday …
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Posted on 16/09/2020

COVID-19 violations: Fitness centres, retailers among 12 more businesses fined in Dubai

Retail outlets in various shopping centres, sewing and embroidery shops and fitness centres in Wadi Al Safa 7, Al Hebiah Second and Al Rashidiya were among 12 business establishments that were fined …
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Posted on 16/09/2020

Dubai’s DP World signs deal to explore Israeli trade links

Chairman says work to build trade routes between the UAE, Israel and beyond will help customers to do business more efficiently …
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Posted on 16/09/2020

Dubai’s DP World to bid for Haifa Port in partnership with Israeli firm

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

Dubai Business Events Stakeholder Committee

Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has formed a new Business Events Stakeholders Committee …
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Posted on 16/09/2020

Dubai gyms, shops in malls fined 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

Coronavirus: 12 businesses in Dubai receive fines as staff and customers flout Covid-19 rules

Shops, tailors and sports facilities located in Dubailand were among those fined and cautioned by Dubai Economy …
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Posted on 16/09/2020

UAE Signals It’ll Atone For Pumping Too Much Oil in July, August

The United Arab Emirates sent a fresh signal it will make up for pumping too much oil in the past two months, as crude prices come under renewed pressure from sagging energy demand and rising …
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Posted on 16/09/2020

UAE-based Farnek wins 3-year contract from Dubai Developments

Dubai Developments is a privately held development company established by His Highness Shaikh Hamdan Bin Rashid Al Maktoum, the UAE minister of finance and deputy ruler of Dubai.
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Posted on 16/09/2020

Analysis: UAE and Saudi FX Traders Investing the Most

Where are FX Traders Investing the most? The Most Diverse Audience to Date at FMLS 2020 – Where Finance Meets Innovation The first thing that catches the eye is the closest proximity in a year of all …
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Posted on 16/09/2020

Bahrain, UAE deals urge resolving Palestinian issue, but don’t specify 2 states

White House finally releases texts of treaties Israel signed with Abu Dhabi and Manama, and trilateral Abraham Accords; no mention made of Israeli sovereignty at Temple Mount …
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