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Month: September 2020

Posted on 11/09/2020

EU sea patrol stops UAE ship on suspicion of breaking Libya arms embargo

A European Union naval vessel on Thursday stopped a ship that was carrying jet fuel from the United Arab Emirates to Libya on suspicion it was violating a United Nations arms embargo, EU officials …
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Posted on 11/09/2020

Brandon Triche has found a new basketball home — in Dubai

The former Syracuse basketball guard is fighting off jet lag and preparing to start playing professionally again.
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Posted on 10/09/2020

Israir announces direct flights to Abu Dhabi

Israir announces that it will begin offering direct flights from Ben Gurion Airport to Abu Dhabi, in what will likely make it the first Israeli airline to service tourists from the Jewish state …
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Posted on 10/09/2020

Saudi, Abu Dhabi funds weighing funding as India’s Reliance seeks investors in retail

India’s Reliance Industries Ltd has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.
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Posted on 10/09/2020

Israir will start flying to Abu Dhabi once it gets approval

Israir announced on Thursday that it would start flying from Tel Aviv to Abu Dhabi, United Arab Emirates, immediately after receiving authorization by the authorities. Israir is the first Israeli …
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Posted on 10/09/2020

Dubai realty stays strong in crisis

Dubai property sector is on recovery track and will remain the region’s best destination for real estate investments after COVID-19 pandemic, said Talal Moafaq Al Gaddah, CEO of MAG Development.
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Posted on 10/09/2020

UAE-KSA conference discusses property market challenges

Dubai Real Estate Institute (DREI), in Dubai Land Department (DLD), concluded the virtual ‘UAE-KSA Real Estate – post-COVID-19’ conference that was organised in cooperation with the Smart Decision Tra …
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Posted on 10/09/2020

Group 42 to become first UAE company to open international office in Israel

The new international office will allow access to technologies and talents available in the country, while also serving as a gateway for Israeli companies seeking to expand their operations in the UAE …
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Posted on 10/09/2020

UAE and international companies apply for digital banking licences with ADGM

The financial hub has awarded licences to five digital asset exchanges and approved five more in principle The Abu Dhabi Global Market has received interest from several firms in the UAE, the Middle …
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Posted on 10/09/2020

Abu Dhabi announces new traffic fines, impounding rules

Racking up more than Dh7,000 in traffic fines is another cause of impoundment, under the new traffic law. The Abu Dhabi Police issued the new decision after conducting comprehensive studies, aiming to …
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Posted on 10/09/2020

EXCLUSIVE-Saudi sovereign fund PIF weighs investing in Ant IPO-sources

Saudi Arabia’s sovereign fund PIF is weighing a potential investment in the initial public offering of Chinese financial technology firm Ant Group, two sources familiar with the matter said.
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Posted on 10/09/2020

UAE residents share their first and fondest memories of Dubai Metro

For me, Dubai Metro has been one ride where I actually enjoyed not only the comfort and cleanliness of the cabins but a journey where you would be transported to witness the beaut …
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Posted on 10/09/2020

Action against wedding party in Abu Dhabi for flouting COVID precautionary measures

A wedding party at a house found to be violating the precautionary measures to check the spread of coronavirus has been referred to the Emergency Crisis and Disaster Prosecution by the Abu Dhabi …
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Posted on 10/09/2020

MIDEAST STOCKS-Egypt outperforms Mideast markets; Dubai eases

Dubai’s main share index .DFMGI slipped 0.1%, with sharia-compliant lender Dubai Islamic Bank DISB.DU and blue-chip developer Emaar Properties EMAR.DU falling 0.7% each. The emirate’s non-oil private …
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Posted on 10/09/2020

Four passengers allowed to travel in Dubai’s Hala vans

Hala, the joint venture between Dubai’s Roads and Transport Authority (RTA) and Careem, has announced that in line with RTA guidelines, four passengers will be allowed to travel in Hala (Dubai Taxi) …
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Posted on 10/09/2020

Indian fintech, healthtech scale-ups join first-ever Dubai Tech Tour

DUBAI – Dubai Startup Hub, an entrepreneurship initiative of Dubai Chamber of Commerce and Industry, and the Chamber’s representative office in India, have officially kicked off the first-ever Dubai …
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Posted on 10/09/2020

Dubai International Marine Club launches gaming app for race fans

Dubai: The Dubai International Marine Club (DIMC) has unveiled a new virtual application project as part of its ongoing initiative to raise awareness in sailing since its establishment in 1988. The …
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