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Month: October 2020

Posted on 13/10/2020

UAE frontliners to get travel discounts, financial support under new initiatives

Over the coming weeks, certain entities will roll out recognition activities and celebrations for frontliners and their families.
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Posted on 13/10/2020

Dubai Economy, Zoho join hands to assist Dubai businesses in digital transformation

DUBAI, 13th October, 2020 (WAM) — Dubai Economy and Zoho, a global technology company with a wide portfolio of products, today signed a Memorandum of Understanding, MoU, to make enterprise-level …
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Posted on 13/10/2020

In UAE-Israel Deal, Peace and Profits Go Hand in Hand

The historic peace accord signed between Israel and the United Arab Emirates last month is already paying dividends. Large corporations from both countries are establishing joint ventures and …
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Posted on 13/10/2020

Eni & SNOC to Move Forward With Sharjah Natural Gas Project

Eni is a partner with Sharjah National Oil Corporation or SNOC for the natural gas project in Block B in Sharjah. While Eni has a 50% interest in the Concession Area B, SNOC holds the remaining 50% …
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Posted on 13/10/2020

Al Zahia breaks ground on new Sharjah residential neighbourhood

Al Zahia, a joint venture between Majid Al Futtaim Properties and Sharjah Asset Management, has broken ground on Al Yasmeen, a highly sustainable neighbourhood that offers over 200 premium homes …
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Posted on 13/10/2020

Two Emiratis dead, one injured in Sharjah accident

Two Emiratis were killed and a third was injured in a traffic accident that took place on Mahafiz-Nazwa Road in Sharjah on Monday evening. Accident caused by over speeding resulted in the vehicle …
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Posted on 13/10/2020

IMF further lowers UAE’s economic growth forecast, projects 6.6% contraction

The International Monetary Fund (IMF) on Tuesday further revised down the UAE’s economic growth forecast, projecting a 6.6 per cent contraction for this year and a recovery of 1.3 per cent for the …
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Posted on 13/10/2020

Dubai fines 11 businesses for violating COVID-19 guidelines

Violating establishments were located in various shopping centres, and in Al Nahda, Al Khabaisi, Al Rigga, and Hor Al Anz East areas …
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Posted on 13/10/2020

Morning rush hour clogs key Dubai-Sharjah roads on Tuesday

Sharjah roads. According to Google Maps, tailbacks were reported on Sheikh Mohammed bin Zayed Road and E11 among other internal roads. Motorists are urged to follow traffic rules and take alternate …
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Posted on 13/10/2020

UAE Business Leaders Introduce Emirati Startups to Israelis at OurCrowd-Emirates Angels Event

OurCrowd, the world’s largest global venture investing platform and Emirates Angels Investors Association, the leading Emirati angel investment network, today held an online event which gave Israeli …
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Posted on 13/10/2020

UAE economy set for 3.1% growth in 2021: IIF

according to the latest forecast by the Institute of International Finance (IIF). Washington-based IIF said that the UAE is expected to experience a deeper contraction this year than predicted in May.
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Posted on 13/10/2020

UAE economy to record 1.3% growth in 2021 after contracting 6.6% this year, says IMF

Dubai: The UAE economy will have a 1.3 per cent real GDP growth in 2021 following a 6.6 per cent contraction this year, the IMF says in its latest World Economic Outlook Report. The IMF’s …
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Posted on 13/10/2020

Covid-19 tests for Dhs150 at Mall of the Emirates, City Centre Mirdif and City Centre Deira in Dubai

The Dubai Health Authority (DHA) announced that residents can now book an appointment for a Covid-19 PCR test at several malls across the emirate. The PCR testing stations are located at Mall of the …
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Posted on 13/10/2020

Abu Dhabi Global Market Releases Sustainable Finance Report, which Highlights Benefits of Islamic Finance and SDGs

Abu Dhabi Global Market (ADGM), which aims to serve as a global financial center and hub for the MENA region, says it’s always working to ensure the economic well-being of its community members. ADGM …
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Posted on 13/10/2020

Dh170,000 payout for car that was written off after crash in UAE

An insurance firm in the UAE has been told to pay Dh170,000 as compensation to a motorist after his vehicle was written off following a road accident. The Abu Dhabi Civil Court of First Instance ruled …
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Posted on 13/10/2020

Get Dubai Police services without stepping out of your car now

Senior Emiratis and people of determination in Dubai can now get Dubai Police services at police stations across the emirate without stepping outside their cars, an official said on Tuesday. According …
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Posted on 13/10/2020

Dubai Shopping Festival returns for its 26th edition from Dec.17

Dubai Shopping Festival (DSF) is back for its 26th edition from Dec.17, 2020 until Jan.30, 2021, with over six weeks of family fun and entertainment, live concerts, unique markets, art installations …
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