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Month: September 2020

Posted on 14/09/2020

Jessica Kahawaty on launching a Dubai food delivery concept with her mother: ‘We are so excited about sharing our home recipes’

Being a lawyer, humanitarian, model and social media star, it feels like there’s little Jessica Kahawaty can’t do. And she’s adding another feather to her cap with the launch of a food venture – …
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Posted on 14/09/2020

DIFC Courts, Dubai FDI partnership to boost investor confidence in Dubai

DUBAI – The Dubai International Financial Centre, DIFC, Courts has signed a cooperation agreement with the Dubai Investment Development Agency, Dubai FDI, an agency of the Department of Economic …
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Posted on 14/09/2020

Dubai-based GP Global’s tanker seized in India over loan dispute -document

Dubai-based oil trading firm GP Global after a petition from UAE lender National Bank of Fujairah over a loan default …
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Posted on 14/09/2020

Bahrain Pride among 12 entries for Dubai Duty Free Mill Reef Stakes

Bahrain Pride is one of 12 contenders for the Dubai Duty Free Mill Reef Stakes at Newbury on Saturday. Simon and Ed Crisford’s colt is unbeaten in two starts to date, having followed up a debut …
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Posted on 14/09/2020

PROJECTS: Abu Dhabi’s JIIC awards design contract for Jubail Island Phase 1

Jubail Island is a designated freehold investment zone in Abu Dhabi that will comprise a mix of serviced plots, high-end and mid-range properties as well as retail, office park and F&B outlets.
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Posted on 14/09/2020

First Abu Dhabi Bank partners Aldar for card-based payment to property tenants

Aldar tenants can use First Abu Dhabi Bank’s card payment processes to do the needful. Image Credit: Gulf News Archive Dubai: First Abu Dhabi Bank (FAB) is partnering Aldar Properties’ real estate …
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Posted on 14/09/2020

Dubai-based Elixir Group to foray into $187 billion modern tech market

This is the speed of $187 billion worth of technology market. Elixir, a Dubai-based investment group, noticing the potential and application of new technologies, has an ambitious plan of disrupting, …
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Posted on 14/09/2020

UAE launches Agriota, a blockchain solution for Indian farmers

The strategy’s fundamental aim is to make UAE the best country in terms of a secured food industry driven by technology.
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Posted on 14/09/2020

Trading arm of Abu Dhabi’s ADNOC hires new global crude lead

The trading arm of Abu Dhabi’s oil firm ADNOC has hired Jason Phing as global book lead for crude oil, sources familiar with the matter said. Phing, who has nearly 20 years of experience as an oil …
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Posted on 14/09/2020

Air Arabia Abu Dhabi to start daily Cairo flights from September 24

Dubai: Air Arabia Abu Dhabi, the newly launched low-cost carrier, is adding a daily service to Cairo from 24. “The service offers greater connectivity and value-for-money options making it easier and …
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Posted on 14/09/2020

Israel-UAE deal: Abu Dhabi’s betrayal could spark a new cold war with Iran

Israel deal, a major deterioration in bilateral relations between Tehran and Abu Dhabi could wipe out recent gains …
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Posted on 14/09/2020

Nomura Cuts Dubai Investment Bank 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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Posted on 14/09/2020

Abu Dhabi launches ‘Silal’ to target local food production and future supply stability

According to Jamal Salem Al Dhaheri, CEO, “Silal will facilitate sustained production, sourcing and distribution of essential foods in Abu Dhabi for the benefit of retailers, fa …
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Posted on 14/09/2020

Dubai Customs recycles some counterfeits and puts them to better use

He said Dubai Customs this year has so far recycled around 148,700 counterfeit pieces for around 46 international brands, with a market value of Dh3.2 million. “We have agreed w …
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Posted on 14/09/2020

UAE ranks first on Arab, regional level in ICT Indicators

According to the report, the UAE ranked first on the Arab and regional level in Information & communication technologies (ICTs) Pillar, ICT Access indicator, and ICT Use Indicator. These indicators …
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Posted on 14/09/2020

Dubai closes, fines tourism businesses over coronavirus violations

Dubai Tourism says it has closed four establishments, suspended the permits of 14 others and issued final warnings to 19 more …
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Posted on 14/09/2020

MIDEAST STOCKS-Banks lift Saudi shares, real estate boosts UAE markets

Most Gulf stock markets rose on Monday, with the Saudi Arabian index boosted by financial shares, while markets in the United Arab Emirates gained on strength in property shares. Sept 14 (Reuters) – …
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