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Month: September 2020

Posted on 15/09/2020

Sharjah instals 1,800 smart electricity metres

Some 1,800 new smart metres have been installed across Sharjah in August, as the emirate’s electricity and water authority continues its smart transformation project and tech development. Considered …
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Posted on 15/09/2020

UPDATE 1-Israel’s Leumi signs deals with First Abu Dhabi Bank, Emirates NBD

Bank Leumi said on Tuesday it had signed memorandums of understanding with First Abu Dhabi Bank and Emirates NBD, hours before Israel and the United Arab Emirates are due to sign agreements toward …
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Posted on 15/09/2020

The UAE has approved a Chinese-made coronavirus vaccine for emergency use

The vaccine, developed by China’s Sinopham, will be given to the UAE’s frontline workers. According to NCEMA, 31,000 volunteers in the UAE have already participated in clinical trials of the vaccine, …
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Posted on 15/09/2020

UAE Official Says Accord With Israel Will Give Region More Leverage

He said Israel suspending its planned annexation of Palestinian land would stop the two-state solution being undermined. Gargash said a strategic breakthrough is needed but “it will not happen …
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Posted on 15/09/2020

Trump to host Israel, UAE and Bahrain in signing deals to normalize relations

Trump will play diplomat, dealmaker hosting Israel, the UAE and Bahrain when the Arab nations will agree to establish full diplomatic relations with the Jewish state.
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Posted on 15/09/2020

Future readiness key to Dubai’s leadership in attracting FDI

Dubai’s readiness to attract conventional as well as new forms of investment is evident in the specialised strategies and initiatives launched over the past years. Dubai Investment Development Agency …
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Posted on 15/09/2020

The challenges and opportunities when buying a home in Dubai in 2020

The way in which we buy homes in 2020 has had to change and it has had to do so very quickly. With lockdown shutting down the real estate market in Dubai and other cities globally, a lot of new ways …
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Posted on 15/09/2020

Etisalat launches 5G FWA for UAE subscribers

Etisalat subscribers in the 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 …
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Posted on 15/09/2020

EXCLUSIVE-Saudi Arabia’s STC asks banks to pitch for subsidiary IPO -sources

Saudi Telecom Co (STC) has asked banks to pitch for roles in a potential public offering of its products and services development arm, three sources familiar with the matter told Reuters.
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Posted on 15/09/2020

UAE Disregards OPEC+ Output Target With Further Boost, IEA Says

The United Arab Emirates almost entirely disregarded its commitment to OPEC+ production quotas last month, when it opened the taps even further, according to the International Energy Agency.
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Posted on 15/09/2020

Gang in Dubai sentenced to three years in jail for Dh1.3m robbery

All three Chinese suspects flew in to commit a series of burglaries in villas Dubai: A three-member Chinese gang has been sentenced to three years in jail for breaking into a Dubai villa on New Year’s …
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Posted on 15/09/2020

MIDEAST STOCKS-Most major Gulf markets gain in early trade; Abu Dhabi flat

Most major Gulf markets rose in early trade on Tuesday, with real estate shares boosting the Dubai index. Sept 15 (Reuters) – Most major Gulf markets rose in early trade on Tuesday, with real estate …
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Posted on 15/09/2020

After UAE and Bahrain Deals, Is Saudi Arabia Softening Its Stance on Israel?

While Saudi Arabia is not expected to follow the example of its Gulf allies any time soon, Sudais’ remarks could be a clue to how the kingdom approaches the sensitive subject of w …
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Posted on 15/09/2020

Trump ‘peace’ deals for Israel, UAE and Bahrain are shams. They boost oppression, not amity.

The agreements reflect a geopolitical alliance among repressive regimes to expand the U.S. sphere of influence in the Middle East. As President Donald Trump presides over a White House ceremony …
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Posted on 15/09/2020

Trump hosts Israel, Bahrain, UAE peace ceremony

US President Donald Trump will host a ceremony Tuesday where Bahrain and the United Arab Emirates normalize relations with Israel, redrawing the Middle East’s diplomatic map — and boosting the …
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Posted on 15/09/2020

Dubai Electricity & Water Authority — Moody’s announces completion of a periodic review of ratings of Dubai Electricity & Water Authority

Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net READ NOW: Billionaire investor Michael Hintze’s hedge fund still down 43% this year after mild August gain, report says …
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Posted on 15/09/2020

Dubai’s flying gorilla and tiger: the story behind why the sculptures were spotted in the air

Videos of the statues being lifted by helicopter went viral when they were spotted by eagle-eyed Dubai Marina residents …
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