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Month: October 2020

Posted on 12/10/2020

Dubai’s non-oil external trade reaches $150bln in H1 2020

Dubai has recorded AED551 billion ($150 billion) worth of non-oil external trade in the first half of 2020, according to data revealed by Dubai Customs. Imports accounted for 320 billion dirhams, …
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Posted on 12/10/2020

Abu Dhabi T10 bring in ex-ICC chief executive Haroon Lorgat to help globalise format

“But with the announcement of vaccines being administered in Abu Dhabi in particular … “His role is not only the UAE property, but to take it global to the rest of the world, where we feel there is …
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Posted on 12/10/2020

UAE residents may see lower rents and more options to upgrade lifestyle

Apartment to villa As the property prices have experienced a decline during the past couple of years, rental too has experienced the snowball effect across the UAE. Residents who survived the Covid-19 …
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Posted on 12/10/2020

Number of Real Estate Transactions Rise in Dubai as Prices Continue To Remain Favourable for Buyers and Tenants

Dubai’s real estate market has seen some promising signs of stability with most commercial activities resuming across the emirate. As per Bayut and dubi …
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Posted on 12/10/2020

Masdar to develop Abu Dhabi’s largest rooftop solar project at Warner Bros World

Masdar has announced the signing of an agreement with Miral, Abu Dhabi’s leading curator of experiences, to develop Abu Dhabi’s largest rooftop solar photovoltaic, PV, project to date at Warner Bros.
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Posted on 12/10/2020

Solar energy to power 36,000 square meters of Warner Bros. World theme park in Abu Dhabi

Dubai: The site for Abu Dhabi’s largest rooftop-located solar PV project has been identified – the Warner Bros. World Abu Dhabi on Yas Island. It will provide an estimated 16,000 solar modules across …
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Posted on 12/10/2020

Miral, Masdar to develop largest rooftop solar project

Leading developer Miral has signed an agreement with Abu Dhabi Future Energy Company (Masdar) to develop the largest rooftop solar photovoltaic (PV) project at Warner Bros. World Abu Dhabi on Yas …
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Posted on 12/10/2020

Marhaba opens airport lounge in Manila

In addition to its popular facilities in Dubai, Melbourne, Karachi and Singapore, marhaba opened another airport lounge in Manila in the Philippines and now offers excellent value services to …
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Posted on 12/10/2020

Sterling Group acquires Dubai’s computer brand iLife as pandemic makes tech an investor favourite

Dubai: The Sterling Group, the private equity firm, has acquired Dubai-based iLife Digital Technology, a PC brand, for an undisclosed amount. The investment will be used to speed up iLife Digital’s …
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Posted on 12/10/2020

Sharjah International Airport completes East Expansion project

Project will enhance Sharjah airport’s capacity to reach 20 million passengers by 2025 Sharjah: Passengers using Sharjah International Airport are set to enjoy a more convenient facility, following …
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Posted on 12/10/2020

IPL 2020: Analysing Rahul Tewatia’s performances at Sharjah

At the end of the first 3 weeks of this year’s IPL, RR is the only team to have played all their Sharjah matches.
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Posted on 12/10/2020

UAE plans first federal bonds in Q4 or early 2021 – Al Roeya paper

The United Arab Emirates will likely issue its first federal bonds by the end of the year or in the first quarter of 2021, UAE newspaper Al Roeya said, citing a finance ministry official. DUBAI, Oct …
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Posted on 12/10/2020

UAE Federal tax Authority introduces new version of eDirham

FTA stresses the necessity for all those registered with the Authority who are eDirham users to prepare to switch to the new version of the eDirham …
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Posted on 12/10/2020

Israeli cabinet approves UAE deal, Netanyahu says will meet its leader

Israel’s cabinet approved a normalisation deal with the United Arab Emirates on Monday and Prime Minister Benjamin Netanyahu said he and Abu Dhabi’s crown prince had spoken and agreed to meet soon.
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Posted on 12/10/2020

UAE- 75% hybrid learning students now back in Sharjah schools

Seventy-five per cent of students who opted for hybrid learning this academic year are now attending in-person classes at 116 private schools in Sharjah.

All students, who chose hybrid learning …

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Posted on 12/10/2020

Expat jailed over racial slurs on Dubai policemen

The Dubai Court of First Instance on Monday sentenced a Chinese man to three months in jail for threatening two policemen and insulting them with racial slurs. According to official records, two …
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Posted on 12/10/2020

Crane operator in Dubai suffers heart attack 65m above the ground, rescued

The most difficult challenge was bringing down the man swiftly and safely as the crane’s electric lift had broken down. A crane operator who suffered a heart attack at a height of 65 metres – equal to …
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