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Month: October 2020

Posted on 09/10/2020

First-time realty buyers return to Dubai market

First-time property buyers have entered the Dubai housing market in a significant manner as increased long-term confidence in Dubai, lower mortgage rates, higher loan-to-value ratio and discounted …
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Posted on 09/10/2020

Picture Ready: UAE Startup Kapturise Is Here For All Your Photography Needs

Founder and CEO Habeeb Furqan aims to streamline the entire photography process for an informal and simple experience with his venture Kapturise, an on-demand photography app for your personal and …
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Posted on 09/10/2020

Why Yalla Stock Just Went Up 11%

And what a week it’s been! After trading began at an offer price of $7.50 per American depositary share, Yalla opened at $9.75 (30% above the offer price) then closed the day at $7 (7% below the offer …
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Posted on 08/10/2020

Court rejects man’s plea to force ex-wife pay part of bank loan in UAE

The man had also urged the court to issue orders to the woman to vacate one of the two apartments in the villa.
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Posted on 08/10/2020

Min Muraleedharan’s Abu Dhabi trip turns more curious

Claims by Smitha Menon, the controversial Kochi woman who had accompanied Union Minister of State for External Affairs to the Indian Ocean Rim Association Council of Ministers held at Abu Dhabi in …
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Posted on 08/10/2020

UAE, Swiss ministers discuss ways to enhance financial partnerships

The UAE will continue to participate in the G20’s Global Partnership for Financial Inclusion, GPFI, for the next three years as a non-G20 member. Younis Haji Al Khoori, Undersecretary of the Ministry …
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Posted on 08/10/2020

Dhs400 fine for covering car plate numbers in Abu Dhabi

Abu Dhabi Police have advised motorists not to cover the plate numbers with a bike rack or any other objects. Violators will get a fine of Dhs400 according to the federal traffic law. The police …
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Posted on 08/10/2020

Three men arrested in Sweden on suspicion of murdering music executive linked to Dubai crime boss

Shutterstock Three men have been arrested in Sweden on suspicion of murdering a man with links to a Dubai crime boss in south-west London last year. Flamur Beqiri, 36, a Swedish national who had a …
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Posted on 08/10/2020

New UAE Real estate consortium to boost property sector. Have prices hit bottom?

Look who’s on the way back: UAE’s real estate sector. Were there ever any doubts in the presence of COVID-19? Yes, but those are quickly vanishing. A consortium of premier real estate companies has …
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Posted on 08/10/2020

WETEX 2020 and Dubai Solar Show’s Innovation Hall hosts leading global companies

DEWA uses the latest smart and advanced technologies to provide a new experience that simulates reality during the two 3D exhibitions, for visitors and exhibitors from all over the world to participat …
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Posted on 08/10/2020

Climate change to make solar less reliable as the sunniest parts of the world become cloudier

Climate change could make solar panels less reliable as it increases cloud cover in the sunniest parts of the world, researchers warn. While solar in some areas is set to benefit, higher temperatures, …
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Posted on 08/10/2020

The Omega Dubai Moonlight Classic Set To Kick Off Middle East Swing

While coronavirus travel restrictions have scuttled the best laid plans of multiple overseas golf tournaments, this year’s OMEGA Dubai Moonlight Classic at Emirates Golf Club is all set to tee off …
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Posted on 08/10/2020

Nakheel’s 800-room Riu Dubai hotel at Deira Islands to open in Dec ’20

Master developer Nakheel’s 800-room joint venture with Spain’s RIU Hotels & Resorts – Riu Dubai – is set to open in December 2020 at Deira Islands, bringing a new hospitality concept to Dubai and …
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Posted on 08/10/2020

Israel’s Parliament to Ratify UAE Deal on Monday, Netanyahu Says

Israeli Prime Minister Benjamin Netanyahu announces a peace agreement to establish diplomatic ties, between Israel and the United Arab Emirates, during a news conference at the prime minster office in …
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Posted on 08/10/2020

Israel and UAE to cooperate in space technology

Minister of Science and Technology Yizhar Shai spoke with his UAE counterpart Sarah Amiri earlier today in a video meeting. Amiri used the opportunity to invite Israel to participate in a space …
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Posted on 08/10/2020

COVID-19: Two business establishments in Dubai fined for violating health protocols

Dubai: The daily field inspections by Dubai Economy (DED) have resulted in strict adherence to health and safety protocols as only two shops were given fines while 748 businesses in Dubai were found …
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Posted on 08/10/2020

Most major Gulf markets little changed; Air Arabia lifts Dubai

Major stock markets in the Gulf were little changed in early trade on Thursday, with Air Arabia helping the Dubai index stay in positive territory.
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