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Month: October 2020

Posted on 07/10/2020

UAE expat was helping a stranger when he won $1 million

Abu Dhabi resident Mohammed Shafique was helping a stranger on the road when he got the best surprise of his life. He won the $1-million jackpot in the latest Dubai Duty Free (DDF) Millennium …
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Posted on 07/10/2020

Abu Dhabi motorists exceed more than Dh1.4 million in unpaid traffic fines

Motorists in Abu Dhabi have accumulated more than Dh1.4 million in unpaid fines, the emirate’s deputy traffic chief said on Wednesday. Brig Gen Salem Al Dhaheri said the penalties were issued for …
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Posted on 07/10/2020

Abu Dhabi set the benchmark for global sporting events, says UFC referee

Abu Dhabi is now the benchmark for global sporting events thanks to its successful and safe hosting of UFC Fight Island, according to one of the main men tasked with ensuring the fighters are safe …
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Posted on 07/10/2020

Got Questions About Entrepreneurship In Dubai? Dubai Chamber’s Natalia Sycheva Is Here To Answer Them On Ask The Expert

The latest edition of Dubai Chamber’s Ask The Expert will feature Natalia Sycheva, Manager – Entrepreneurship, Dubai Chamber of Commerce.
( read original story …)


Posted on 07/10/2020

Exiled Trader Accused of Fraud Says Denmark Offered Four Years in a ‘Nice Cell’

Sanjay Shah, a former trader and hedge-fund manager accused by Denmark of orchestrating a $2 billion dividend-tax fraud, said he rejected a plea bargain with the Nordic country that would have meant …
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Posted on 07/10/2020

Sparkling future for UAE-Israeli diamond trade

Posted . Diamond traders in Dubai say they have been inundated with enquiries from Israelis, who traditionally do their …
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Posted on 07/10/2020

Arabtec Collapse Shakes Foundations of Gulf Construction Business

DUBAI (Reuters) – Just over six years ago, Dubai-listed Arabtec Holding had investors eating out of its hands. At a lavish shareholder meeting at Abu Dhabi’s St. Regis Hotel, the contractor that …
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Posted on 07/10/2020

Sharjah Police honours 9 senior motorists for zero violations

A man who has not committed a single traffic violation for 45 years was among nine senior citizens to be honoured by the Sharjah Police for their clear traffic record. They were felicitated at a …
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Posted on 07/10/2020

Saudi Arabia’s BinDawood Holding prices IPO at $25.59 a share -statement

The retailer, which owns the Danube and BinDawood supermarket brands, said the book-building process generated an order book of $28.50bln …
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Posted on 07/10/2020

Nakheel’s Deira Islands coastal city in Dubai taking shape

Deira Islands, Dubai’s new 15 square kilometre waterfront city, is taking shape fast. Having created 40 kilometres of man-made coastline the islands are helping transform the emirate’s oldest and most …
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Posted on 07/10/2020

Review: Black Tap’s latest venue at Mall of the Emirates

While some of Dubai’s other chicken burgers can leave you feeling … the pickled onion to slay through the richness of Greg Norman. Black Tap, Level 2 Mall of the Emirates (near Vox Cinemas), daily …
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Posted on 07/10/2020

Philip Morris International unveils new IQOS Boutique at Dubai Mall

Philip Morris International (PMI) has opened UAE’s first IQOS Boutique at Dubai Mall. PMI says the new store underlines its ambition of “achieving a smoke-free future for the GCC”. The IQOS Boutique …
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Posted on 07/10/2020

Turkey and UAE openly flouting UN arms embargo to fuel war in Libya

Guardian joint investigation finds both sides send military cargo planes to region, in blatant violation of agreement to end conflict …
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Posted on 07/10/2020

UAE-Israel accord could bring new sparkle to Dubai diamond trade

“This is a big opportunity for any young Israeli that wants to start any business in Dubai, not only the diamond business,” Shimshi, 41, told Reuters. Like in past visits over the last decade, Shimshi …
( read original story …)


Posted on 07/10/2020

ANALYSIS-Arabtec collapse shakes foundations of Gulf construction business

The liquidation, likely to lead to further layoffs in a company which had a 40,000 strong workforce at the end of last year, marks the end of an era of plentiful construction for local contractors. “A …
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Posted on 07/10/2020

Sharjah announces Dh200,000 fund for Lebanese publishers

The emergency relief will support those impacted by devastating blast in Lebanese captial Sharjah: Sharjah has announced a Dh200,000 emergency relief fund for Lebanese publishers affected by the …
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Posted on 07/10/2020

Gloom Deepens for Dubai Property Stocks

Dubai real estate stocks were once the stars for investors betting on the city’s booming economy. But their fall from grace has been spectacular and seems set to continue, given an abundance of unsold …
( read original story …)


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