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Month: October 2020

Posted on 15/10/2020

JGroup to invest $15m in Dubai-based FoxPush

By leveraging its advanced suite of solutions, FoxPush today can reach 3 out of 5 people living in the Middle East and North Africa region.
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Posted on 15/10/2020

Video: Sheikh Sultan inaugurates new park in Sharjah

A new park in Sharjah has been inaugurated by His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah. In a video posted on Twitter, Sheikh Sultan can …
( read original story …)


Posted on 15/10/2020

Abu Dhabi Funds Invest $2.1 Billion in Adnoc Gas Pipelines

Abu Dhabi government institutional investors are paying $2.1 billion for a stake in a natural gas pipelines unit run by Abu Dhabi National Oil Co.
( read original story …)


Posted on 15/10/2020

Nevada warned by U.S. not to use Chinese virus tests from UAE, documents say

U.S. officials privately warned the state of Nevada not to use Chinese-made coronavirus test kits donated by the United Arab Emirates.
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Posted on 15/10/2020

COVID-19: Six businesses fined and three shops warned in Dubai for not adhering to safety measures

Dubai found compliant with COVID-19 preventive guidelines Dubai: Following intensive field inspections, the Dubai Economy (DED) has fined six commercial establishments and handed down stern warnings …
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Posted on 15/10/2020

Sharjah’s Dana Gas signs $90mln credit facility to pay off its sukuk

Sharjah-based Dana Gas has signed a $90 million credit facility with Mashreq Bank, which it will use to settle its $309 million sukuk (Islamic bond) by its due date. The company informed Abu Dhabi …
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Posted on 15/10/2020

UAE banks should be pushing mortgages to prop up property demand

On the one hand, easier and cheaper access to credit reduces borrower financing constraints and increases the total demand for housing, which in turn leads to higher prices. Conversely, however, …
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Posted on 15/10/2020

Abu Dhabi’s sovereign fund Mubadala takes 3.1% stake in Spain’s Enagas

Abu Dhabi’s sovereign wealth fund Mubadala took a 3.1% stake in the Spain-based gas system operator Enagas ENAG.MC, according to a filing to the Madrid stock market regulator released on Wednesday.
( read original story …)


Posted on 15/10/2020

Watch: Police are now placing stickers on vehicles entering Abu Dhabi

Police have started distributing stickers at all Abu Dhabi checkpoints as part of the authority’s initiative to ensure the safety of road users. The Traffic and Patrols Directorate of Abu Dhabi Police …
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Posted on 15/10/2020

US warned Nevada not to use Chinese COVID tests from UAE

U.S. diplomats and security officials privately warned the state of Nevada not to use Chinese-made coronavirus test kits donated by the United Arab Emirates …
( read original story …)


Posted on 15/10/2020

UAE’s Dana Gas raises loan, avoids another restructuring

United Arab Emirates energy firm Dana Gas has raised a $90 million loan allowing it to redeem $309 million in bonds due at the end of October and avoid a third debt restructuring.
( read original story …)


Posted on 15/10/2020

Dubai Launches New Program to Attract Remote Workers

Dubai has launched a new programme that enables overseas remote-working professionals and their families to live in Dubai while continuing to serve their employers abroad, state news agency WAM said …
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Posted on 15/10/2020

11 OFWs returning to Dubai denied entry due to non-compliance with COVID-19 measures

At least 11 overseas Filipino workers (OFWs) returning to Dubai have been denied entry over failure to secure the required prior approval from appropriate agencies of the UAE government, according to …
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Posted on 15/10/2020

‘CEO of private jet firm’ scams Dubai gift company

Dubai: A gang of three men scammed a Dubai-based gifts company of Dh25,800 worth of gifts after forging documents, an official said on Wednesday. Prosecutor Ahmad Abdullah Al Attar, senior prosecutor …
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Posted on 15/10/2020

Now open: Dubai Garden Glow is back for its 6th season at Zabeel Park

Summer is finally fading away and if you’re looking for some activities that take place in the great outdoors, you’ll be thrilled to know that Dubai Garden Glow is back for its 6th season at Zabeel …
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Posted on 15/10/2020

Over 50 Indians on tourist visas stranded at Dubai airport

Over 50 Indian nationals have been stranded at Dubai International Airport since 9pm Wednesday for non-compliance with entry requirements for tourist visa holders, Khaleej Times has learnt. Sources at …
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Posted on 15/10/2020

Dubai launches new residency programme for overseas remote working professionals

Dubai has launched a new residency programme which will allow overseas remote working professionals to relocate and live in the emirate – along with their families – while continuing to work remotely …
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