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Month: October 2020

Posted on 18/10/2020

Dubai’s Amanat to Invest in Tech Start Ups After First VC Deal

Amanat Holdings PJSC has completed its first venture capital deal as it looks to deploy about 1 billion dirhams ($272 million) over the next few years. “Technology is disrupting both the education and …
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Posted on 18/10/2020

Two shisha cafes in Dubai closed for not following norms

Two shisha cafes in Dubai’s Al Quoz area have been closed for failing to comply with precautionary measures, Dubai Municipality said today. Of the 2,258 visits to establishments by the authority, two …
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Posted on 18/10/2020

Dubai: Bank collectors embezzle nearly Dh70,000 of passengers’ fines

Dubai: Dubai Public Prosecution has referred two Arab men to Dubai Criminal Court for embezzling Dh69,384 worth of violation fees from departed passengers, an official said on Sunday. Prosecutor …
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Posted on 18/10/2020

What you need to know before vacating a flat in Dubai

As a tenant it is your right to receive the security deposit from your previous landlord while you had vacated the rented apartment.
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Posted on 18/10/2020

Abu Dhabi Built the World’s Largest Solar Power Plant with Oil and Mirrors

One of the world’s oiliest countries is now operating one of the most advanced clean energy power plants. The Shams 1, a 100-megawatt concentrated solar power plant, has just started soaking up the …
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Posted on 18/10/2020

Dubai Police completes over 1.3 million transactions via its smart platform this year

While rapidly upgrading its technology capabilities, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recently authorised the Dubai Police to use …
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Posted on 18/10/2020

Commercial Bank of Dubai to partner with NOW Money to provide financial inclusion across The UAE

Money will open accounts for existing CBD low-income customers (previously known as Rateb customers) with immediate effect, allowing these customers to benefit from a frictionless digital experience a …
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Posted on 18/10/2020

Abu Dhabi University employs state-of-the-art virtual reality technology to give students a remote hands-on laboratory experience

Abu Dhabi University (ADU) has integrated modern technologies into its curricula including virtual reality (VR), augmented reality (AR), as well as 3D technology, to allow engineering students to …
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Posted on 18/10/2020

UFC Fight Island 6: John Phillips beaten in Abu Dhabi

Welsh middleweight John Phillips is defeated by South Korea’s Jun Yong Park via unanimous decision at UFC Fight Island 6 in Abu Dhabi.
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Posted on 18/10/2020

Motorists in Abu Dhabi will be fined Dh400 for driving on lanes designated for buses

Cars and private vehicles found using lanes designated for buses in Abu Dhabi Emirate will be fined Dh400, the Abu Dhabi Police has warned. Following traffic regulations regarding designated lanes …
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Posted on 18/10/2020

Saudi Arabia leading GCC entries to date in the 10th annual National Geographic Abu Dhabi & Almarai ‘Moments’ photography competition

UAE images captured oddly silent marketplaces in old Dubai and contrasting images of life outdoors and indoors …
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Posted on 18/10/2020

6800 lucky visitors to get free ticket for Dubai Frame

As many as 6800 lucky visitors from Europe flying Emirates to Dubai will get free entry at Dubai Frame. This has come through after Dubai Municipality entered into a partnership agreement with …
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Posted on 18/10/2020

COVID-19: Dubai ranked 1st in Best Arab city to live in 2020

Dubai: The culture, liveability factor and rate of accessibility has enabled the city of Dubai to land first place in the best city to live in 2020 for the Middle East and North Africa region. In a …
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Posted on 18/10/2020

Dubai Financial Market launches equity futures trading

Dubai: The Dubai Financial Market (DFM) on Sunday introduced equity futures trading, as part of its new Futures Trading Platform amid unprecedented participation from the brokerage community.
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Posted on 18/10/2020

Top trends: UAE construction activity rises in Q3; Dubai house rents hit all-time low

The third quarter (Q3) recorded an increase in construction activity with around 12,000 and 600 units handed over in Dubai and Abu Dhabi, respectively. Although this represents a significant increase …
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Posted on 18/10/2020

Gardener in Dubai ‘murders’ ailing Emirati, death penalty sought

The Dubai Public Prosecution has demanded the death penalty for a gardener who allegedly strangled an Emirati man to death with a piece of cloth over previous verbal brawls. The Dubai Court of First …
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Posted on 18/10/2020

UAE property market remains tenant-favourable: JLL Q3 real estate market report

Sectors across the UAE’s property market continue to be tenant-friendly in the third quarter of 2020, according to JLL’s latest UAE Real Estate Market Performance report. Dubai’s office market saw its …
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