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Month: October 2020

Posted on 21/10/2020

Dubai wealth fund expected to sell $500 mln in long 5-yr bonds

Investment Corporation of Dubai (ICD), the Dubai government’s main investment arm, is expected to sell $500 million in long five-year bonds at 275 basis points over mid-swaps, a document showed on …
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Posted on 21/10/2020

Developer powers new tower in Al Furjan with solar energy to drive demand

As a developer, Patel sees a potential in the Al Furjan area, a vibrant neighbourhood in Dubai that enjoys easy access and a great metro connectivity — vital factors for tenants …
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Posted on 21/10/2020

GilletteLabs launches the world’s first Heated Razor in the UAE

The team at pioneering male grooming brand Gillette – which has been the leading shaving products name for an incredible 115 years – has brought the world’s first Heated Razor to the UAE. The brains …
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Posted on 21/10/2020

UFC 254 free fight: Khabib Nurmagomedov submits Dustin Poirier in Abu Dhabi

Ahead of his main event title fight at UFC 254, recap Khabib Nurmagomedov’s title defense against Dustin Poirier at UFC 242 in Abu Dhabi.
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Posted on 21/10/2020

Abu Dhabi Department of Energy updates its list of violations and fines

Abu Dhabi: Abu Dhabi’s Department of Energy (DoE) has updated its list of violations and fines for companies operating in the emirate, with the new fines ranging from Dh2000 to a maximum of Dh10 …
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Posted on 21/10/2020

Dh500,000 Sharjah award for refugee support extended to November 15

Sharjah: The Dh500,000 Sharjah International Award for Refugee Advocacy and Support (SIARA) has announced the extension of the nomination submission deadline to November 15, 2020 for the 2021 edition.
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Posted on 21/10/2020

Dubai’s BLME Holdings CEO steps down after four years

The CEO of BLME Holdings plc, Giles Cunningham, will step down after four years and will be replaced by current head of business Andrew Ball, effective November 1, it was announced today. Cunningham …
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Posted on 21/10/2020

Sharjah Ruler opens Al Subaihiya Suburb Council in Khorfakkan

His Highness Dr. Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the Al Subaihiya Suburb Council in Khorfakkan this morning. After unveiling the official …
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Posted on 21/10/2020

Sharjah International Book Fair: The world reads from Sharjah

With COVID-19 engulfing the world, Sharjah sends a clear message that life must go on On November 4, the Sharjah International Book Fair (SIBF) will open its doors to book lovers again. Not virtually, …
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Posted on 21/10/2020

‘Fans are going crazy’ waiting for Khabib Nurmagomedov to fight again, an Abu Dhabi government official who helped build Fight Island said

Our data provider is having technical issues, live scoring and stats are impacted. We are working with them to enable your sports experiences again as quickly as possible. FIGHT ISLAND — Khabib …
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Posted on 21/10/2020

Abu Dhabi DoE updates violation lists for developers, businesses; fines up to $2.72mln

The Abu Dhabi Department of Energy (DoE) announced on Wednesday that it has updated its list of violations and administrative fines that will affect all licensed entities, real estate developers, …
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Posted on 21/10/2020

Dubai City Half Marathon first mass event since COVID-19 pandemic

More than 400 runners from over 40 countries are scheduled to participate in Friday’s 2020 Mai Dubai City Half Marathon, the first mass-running event to be staged in Dubai and the UAE since the …
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Posted on 21/10/2020

Abu Dhabi department of energy updates list of violations, fines for licensed entities

The Abu Dhabi Department of Energy (DoE) has updated its schedule of violations and administrative fines, affecting all licensed entities, real estate developers, facility owners, energy services …
( read original story …)


Posted on 21/10/2020

CureLab Oncology Establishes Operations in the Gulf Region

IPO biotech company, has commenced operations in the GCC region (Saudi Arabia, Kuwait, the UAE, Qatar, Bahrain, and Oman). CureLab’s partners in the region will test the efficacy of the company’s …
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Posted on 21/10/2020

RAKBank: Tackling the surge in cybercrime

However, one of the downsides of this massive shift to online was the surge in cybercrime rates. The hike in unemployment and online activities attracted cybercriminals who are always quick to take …
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Posted on 21/10/2020

Lessons learnt: How Covid-19 has impacted the British business ecosystem in the UAE

we are working closely with senior stakeholders within our business ecosystem, including the Dubai Chamber of Commerce and as part of the Multi Nation Task Force (MNTF), a collective of all Dubai …
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Posted on 21/10/2020

Dubai’s Emirates NBD records 55% net profit dip for first nine months of 2020

Dubai-based lender Emirates NBD recorded a 55 per cent drop in net profit for Q1-Q3 2020, posting Dhs5.6bn, down from Dhs12.48bn during the year-earlier period. The decline in net profit was …
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