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Month: October 2020

Posted on 07/10/2020

Dubai fines 5 businesses for breaking Covid-19 rules; shuts down one place

Dubai Economy fined five establishments and issued warnings to seven shops for not adhering to Covid-19 precautionary measures on Tuesday. Officials found 731 businesses to be compliant with …
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Posted on 07/10/2020

Dubai plastic surgeon accused of sexual harassment of patient cleared by court

A plastic surgeon, accused of sexually harassing a female patient during a Botox injection, has been cleared by the Dubai Court of First Instance. Dubai public prosecution records show that the …
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Posted on 07/10/2020

Dubai holidays: Latest FCDO update as UAE clamps down on coronavirus tests for tourists

DUBAI holidays are normally snapped up by Britons eager for winter sun at this time of year. Alas, coronavirus travel restrictions mean United Arab Emirates getaways are much more complicated. This is …
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Posted on 07/10/2020

UK woman tried to fly to Dubai with $2.44 million in cash in five suitcases

A woman who tried to fly from London’s Heathrow Airport with five suitcases stuffed full of bank notes worth 1.9 million pounds ($2.44 million) has been charged with money laundering, UK Border Force …
( read original story …)


Posted on 07/10/2020

Superbike racer saw bride ‘flip out’ of Dubai hotel window while looking for wedding ring

Abbie Elson, 27, fell to her death from the fourth-room honeymoon suite at a hotel in Dubai, just days after marrying Sean Emmett, 50, as an inquest into her death continues …
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Posted on 07/10/2020

Pakistani expat wins $1 million at Dubai Duty Free raffle

A Pakistani expat living in Abu Dhabi got richer by $1 million when he won the latest Dubai Duty Free Millennium Millionaire draw. Mohammed Shafique Mohammed Siddique, 48, held ti …
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Posted on 07/10/2020

MIDEAST STOCKS-Property shares weigh on Dubai bourse; other markets muted

Major stock markets in the Gulf were little changed in early trade on Wednesday, with losses in real estate shares weighing on the Dubai index. Saudi Arabia’s benchmark index .TASI rose 0.1%, with …
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Posted on 07/10/2020

Virtual WETEX & Dubai Solar Show Promise a Unique Experience for International Exhibitors & Visitors Using the Latest Global Technologies

D virtual Water, Energy Technology, and Environment Exhibition (WETEX) and Dubai Solar Show, which it will organise from 26 to 28 October 2020, will use the latest technologies to provide a unique exp …
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Posted on 07/10/2020

Property shares weigh on Dubai bourse; other markets muted

Major stock markets in the Gulf were little changed in early trade on Wednesday, with losses in real estate shares weighing on the Dubai index.
( read original story …)


Posted on 07/10/2020

UAE’s Al Habtoor Group completes preparations for Cairo office

UAE-based business conglomerate Al Habtoor Group (AHG) is set to complete preparations to open its office in Cairo, Egypt, it announced on October 7. The Cairene headquarters, located in the …
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Posted on 07/10/2020

These Sharjah inmates got jobs with deportation orders cancelled. Here’s how

Brigadier Ahmad Shuhail, director-general of Sharjah Punitive and Rehabilitation Establishment, told Gulf News the initiative called ‘Chance’ gives inmates an opportunity to improve their behaviour so …
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Posted on 07/10/2020

Abu Dhabi Investment Authority to Pick 1.2% Stake in Reliance Retail for INR 5,512 Cr Investment

RIL’s retail arm has sold about 8.5 per cent stake in return of a total investment of INR 37,710 crore from global investors Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA …
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Posted on 07/10/2020

Saudi Arabia’s BinDawood Holding prices IPO at 96 riyals a share

Saudi Arabian supermarket retailer BinDawood Holding has priced its initial public offering at 96 riyals ($25.59) a share, the company said on Wednesday.
( read original story …)


Posted on 07/10/2020

EXCLUSIVE-Saudi PIF in talks to buy stake in UAE supermarket chain Lulu -sources

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is in early discussions to buy a stake in supermarket chain Lulu Group International, two sources familiar with the matter told …
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Posted on 07/10/2020

Exile Trader Says Danes Offered Four Years in a ‘Nice Cell’ in German Tax Case

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

Virtual WETEX & Dubai Solar Show promise unique experience for international exhibitors, visitors

and Dubai Solar Show, which it will organise from 26th to 28th October 2020, will use the latest technologies to provide a unique experience for international exhibitors and visitors. The announcement …
( read original story …)


Posted on 07/10/2020

Dubai is setting the stage for tech adoption

Deploying the latest developments in data science to analyse information is increasingly gaining more traction in Dubai …
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