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Month: October 2020

Posted on 13/10/2020

Low real estate values in Dubai boost sales but are property stocks the real opportunity here?

It’s a fuzzy picture of renewed real estate sales activity in Dubai, low property values, increased sales, interest from retirees yet prices are not yet bottoming out causing a reluctance to sell, and …
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Posted on 13/10/2020

Dubai Economy and Zoho Join Hands To Assist Dubai Businesses in Their Digital Transformation

Dubai Economy and Zoho today signed a memorandum of understanding (MoU) to make enterprise-level technology available and affordable for all businesses in Dubai and help them in their digital …
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Posted on 13/10/2020

New Dubai study explores telemonitoring for diabetics

The Dubai Diabetes Centre (DDC) on Tuesday announced that they are currently testing a telemonitoring system, with 40 patients selected for the research. Home monitoring devices, a smart pill box, …
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Posted on 13/10/2020

Dubai Mercantile Exchange signs MOU with Kpler to deliver enhanced market intelligence

Access to data from hundreds of sources including AIS signals, satellite images, logistics and commercial reports …
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Posted on 13/10/2020

Two Emirati men killed and third badly hurt in Sharjah road crash

Two men died and a third was badly injured in a road accident in Sharjah. The driver lost control of his vehicle and veered off the road after suffering a burst tyre while travelling at high speed.
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Posted on 13/10/2020

11 Dubai businesses fined for flouting Covid-19 rules

Eleven Dubai businesses have been fined over Covid-19 safety violations in the latest inspection of open markets and shopping centres, authorities announced on Tuesday. Dubai Econ …
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Posted on 13/10/2020

Expat facing trial in a Dubai court on charges of stabbing his countryman

A Dubai worker has been accused of attempted murder as he stabbed his Bangladeshi countryman during a heated argument, the Dubai Court of First Instance heard on Tuesday. According to official records …
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Posted on 13/10/2020

Dubai-based cloud kitchen startup Kaykroo raises $4m in new funding

Read: Dubai-based Sweetheart Kitchen raises €15m in new funding Online food delivery, like most other e-commerce ventures, has exploded in popularity amid the Covid-19 outbreak. Dubai-based …
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Posted on 13/10/2020

Masdar and Miral sign landmark agreement to develop Abu Dhabi’s largest rooftop solar photovoltaic project at Warner Bros

The agreement aims to provide an estimated 16,000 solar modules across the theme park’s roof area of 36,000 square meters and will produce nearly 40 per cent of its annual energy demand. Under the …
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Posted on 13/10/2020

COVID-19: How Dubai Airport security remains on high level to ensure smooth travel?

“Dubai Police use highly developed inspection devices and AI technology like face recognition cameras inside the airport to guarantee a high level of security and less direct contact with travellers,” …
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Posted on 13/10/2020

Mandatory for Dubai govt clubs to appoint Emiratis as assistant coaches, says new decree

Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, chairman of the Dubai Sports Council, has issued Decree No. 4 of 2020, which makes it mandatory for all government clubs of Dubai to appoint an …
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Posted on 13/10/2020

Dine inside of a giant bubble at this Dubai cafe

Brunch and Cake Dubai is an all-day dining restaurant that hails from Barcelona and is known for their instagrammable food and their aesthetic interiors. The restaurant wanted to put a fun twist on …
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Posted on 13/10/2020

UAE economy to grow 3.1 per cent in 2021, says the IIF

Dubai: The UAE’s economic growth is projected … according to the latest forecast by the Institute of International Finance (IIF). The IIF expects a 5 per cent decline in the average GDP …
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Posted on 13/10/2020

Dubai Court holds bank liable in SIM swap fraud case, customer paid Dh5.6 million

Dubai: A judgement in Dubai holding a bank liable in a SIM swap fraud case and ordering it to compensate a customer has become a legal precedent for all cases of a similar nature. After being …
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Posted on 13/10/2020

Dubai Court judgement holding bank liable in SIM swap fraud sets a precedent

A judgement in Dubai holding a bank liable in a SIM swap fraud case and ordering it to compensate a customer has become a legal precedent for all cases of a similar nature. After being announced by …
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Posted on 13/10/2020

Abu Dhabi Wealth Fund Mubadala Expanding With Investment in Germany’s Evotec

Abu Dhabi Wealth Fund Mubadala Expanding With Investment in Germany’s Evotec (Bloomberg) — Mubadala Investment Co. will invest 200 million euros ($235 million) in German pharmaceutical company Evotec …
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Posted on 13/10/2020

A peek into Sharjah’s new vegetable and fish market

The new market in Al Hamriya covers 5,280 square meters, and has a 184-metre long pier Sharjah: Authorities have finsihed construction on the new fruit and vegetable market in Al Hamriya, which is set …
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