A consortium led by Apollo Global Management Inc. agreed to invest billions of dollars in the real estate of Abu Dhabi’s oil company, in what will be one of the Middle East’s largest property deals.
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777 new cases, Dubai property prices, UAE to sign Abraham Accord – The Daily Update
On today’s update we have the latest coronavirus figures, the approval of a Covid-19 vaccine for frontline workers in the UAE and Dubai property maintains investor interest …
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Dubai’s du to get Dh800m from selling 26% in Khazna Data Centre
Abu Dhabi’s Technology Holding Co. will have full ownership in Khazna post-deal Dubai: The Dubai-headquartered telecom operator du will get Dh800 million from selling its 26 per cent stake in Khazna …
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Abu Dhabi’s two new airlines are aiming big with hyper-competitive ticket rates
The airline, now rescheduled to launch services from October 16, and another recent entrant, Air Arabia Abu Dhabi, will significantly alter the rate dynamics on key sectors. Air A …
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ADQ establishes new company, Silal, in Abu Dhabi to boost local food production
ADQ said that the new company will support the Abu Dhabi government’s efforts to secure food supply chains as well as boost productions and distribution of essential foods. Further strengthening …
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At Historic White House Event, UAE and Bahrain to Move Toward Normal Ties With Israel
U.S. President Donald Trump will host the White House ceremony at noon EDT (1600 GMT), capping a dramatic month when first the UAE and then Bahrain agreed to reverse decades of ill will without a …
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Yellow Door Energy launches massive solar carport and rooftop solar plant for Al Nabooda Automobiles
The completed solar carport at Al Nabooda Automobiles, Body & Paint Shop and Test Facility in Dubai Industrial City …
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Israel expects $500m in deals with Bahrain and UAE
Israel expects to seal deals worth about $500m after Tuesday’s historic agreements to normalise ties with the UAE and Bahrain come into force. Ofir Akunis, Israel’s minister of regional co-operation, …
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UAE minister hails ‘tremendously significant’ peace deal amid criticism from Pelosi
The Trump administration has made remarkable progress in brokering peace agreements designed to normalize relations between Israel and other Middle Eastern nations, said Omar Ghobash, who serves as …
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Five reasons why Israel’s peace deals with the UAE and Bahrain matter
Peace with Egypt and Jordan has never been warm. They might be more hopeful about future relations with Gulf countries a lo …
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Dubai Economy shuts down swimming pool, fines 3 businesses for violating COVID-19 measures
DUBAI: Dubai Economy, in co-operation with the Dubai Sports Council, has shut down a swimming pool in a sports facility that failed to display physical distancing stickers. Inspectors from the …
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Indian Fintech, Healthtech Scaleups To Pitch At First Ever Virtual Dubai Tech Tour
Fifteen promising scaleups from India have been shortlisted from a pool of 200 founders who applied to take part in Dubai Startup Hub’s first ever Dubai Tech Tour.
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Almost half of flu patients in Dubai are kids below 10 years old: Study
Almost half of influenza patients in Dubai were younger than 10 years old, a new study of the Dubai Health Authority (DHA) has revealed. The first in-depth study on seasonal influenza in the emirate, …
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Largest banks in Israel, UAE sign cooperation agreement
Bank Hapoalim CEO says that deal with National Bank of Dubai will allow Israeli clients direct transactions in the Emirates and other countries …
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Central Park in Dubai: Garden-Themed Mall Set to Open in Dubai in 2018
And, that too, from the same guys that gave Dubai its world-renowned Miracle Garden, a magnet for tourists. This is what the people behind Cityland Mall — coming up near Global Village and that …
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Abu Dhabi’s ADNOC Distribution offers extra 10% of shares to investors
Additional 10% placement, valued at $1bn, means the company’s free float will increase to 20% Abu Dhabi National Oil Company (ADNOC) announced on Monday that it has successfully completed a placement …
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Nomura Cuts Dubai Banking Jobs in Mideast Coverage Shift
Nomura Holdings Inc. eliminated about a half dozen investment banking jobs in Dubai, as Japan’s biggest brokerage shrinks its Middle East footprint and moves coverage of the region to staff in other …
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