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Month: November 2020

Posted on 23/11/2020

Everything you need to know about Zayed Heritage Festival in Abu Dhabi

Here’s everything you need to know about Sheikh Zayed Heritage Festival. Sheikh Zayed Heritage Festival is a cultural event held every year in in Al Wathba. Named in honour of the UAE’s founding …
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Posted on 23/11/2020

UAE eases limits on foreign ownership to attract investors

The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies, state-run media reported Monday, in the country’s latest bid to boost its global status and …
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Posted on 23/11/2020

UAE relaxes rules on foreign ownership of companies amid pandemic fallout

The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies, state-run media reported, in the country’s latest bid to boost its global status and attract …
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Posted on 23/11/2020

Sharjah decongests 11,000 drainage holes in a week ahead of rains

About 11,000 drainage holes were cleaned every week to prevent water logging as the Sharjah Municipality braced for the rainy season. Thabet Al-Tarifi, director-general of Sharjah City Municipality …
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Posted on 23/11/2020

Dubai expects economic boost from UAE golden visa extension

Dubai said the economic growth rate could increase by up to 1% because of plans by the United Arab Emirates to extend to more categories a “golden” visa system which grants 10-year residency in the …
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Posted on 23/11/2020

MIDEAST STOCKS-Dubai leads gains as markets cheer vaccine news

Major Gulf markets ended higher on Monday, as further encouraging news on the COVID-19 vaccine boosted investor sentiment, spurring optimism over a faster-than-expected global economic recovery. Nov …
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Posted on 23/11/2020

Omniyat’s $680mln Dorchester Dubai project 60% completed

Leading regional property developer Omniyat has announced that more than 60 per cent of the work has been completed on its architectural showpiece, The Residences, Dorchester Collection, Dubai, being …
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Posted on 23/11/2020

Etisalat calls in Ericsson for advanced 5G core and radio networks

Deal nets Swedish equipment maker another major network win on 5G Dubai: Etisalat has picked … benefits of enhanced mobile broadband, fixed wireless access and industrial and IoT solution …
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Posted on 23/11/2020

UAE start-up inks deals to expand online B2B marketplaces into the US, Australia

Distichain, a UAE-based B2B e-commerce platform that provides public … it will not own the marketplace but deliver the technology to create and operate marketplaces as a service. “This allows us to …
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Posted on 23/11/2020

AcwaPower plans IPO next year – chairman

Riyadh – AcwaPower is planning an initial public offering (IPO) in 2021, the company’s Chairman Mohammad Abunayyan revealed on Sunday. In an interview with Alarabiya, the chairman said that the size …
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Posted on 23/11/2020

UAE’s fintech industry can grow faster if on its own

UAE’s promise of good governance, robust infrastructure, and a range of opportunities for residents and citizens alike positions it uniquely to emerge as an icon of financial technology. The country’s …
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Posted on 23/11/2020

UAE’s first national rail network ‘has the potential to transform the economy’

In the Hajar Mountains between Dubai and Fujairah, engineers are blasting out a new frontier for the United Arab Emirates. Ton by ton, rock is making way for 16 kilometers of tunnel, which will one …
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Posted on 23/11/2020

5-day weekend: UAE private sector holiday announced for National Day

The Ministry of Human Resources and Emiratisation in UAE has announced a three-day paid holiday for all private sector establishments, institutions, and entities, from December 1 until December 3.
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Posted on 23/11/2020

UAE’s top contractor Khansaheb Investment expands restaurant portfolio

Khansaheb Lifestyle, a wholly owned subsidiary of Khansaheb Investment, the UAE’s foremost family business conglomerate and the owner of the longest standing contractor in the UAE is expanding its …
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Posted on 23/11/2020

Dubai-based Indian attacked with rod, looted by surgical mask wearing burglars

The 33-year-old Indian victim said he was sleeping at night when the electricity was cut off and was attacked later …
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Posted on 23/11/2020

3 day super sale offers up to 90 percent off big name brands

Held over the final weekend of the Dubai Fitness Challenge, big name brands as well as homegrown retailers are participating in the super sale, which will see prices tumble at over 1,500 outlets and s …
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Posted on 23/11/2020

Dubai to offer three-day super sale, with massive reductions across brands

Held over the final weekend of the Dubai Fitness Challenge, big name brands as well as homegrown retailers are participating in the sale, which will see reduced prices at over 1,500 outlets and stores …
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