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Month: November 2020

Posted on 14/11/2020

PRAED Orchestra! release their debut album ‘Live In Sharjah’

This week sees the release of the debut PRAED Orchestra! album ‘Live In Sharjah’ via Morphine Records. PRAED was originally a duo composed of Raed Yassin and Paed Conca, conceived as an extension of …
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Posted on 14/11/2020

Two Czech Nationals Caught Leaving London for Dubai With Cash-Filled Suitcases

Two Czech nationals caught at London’s Heathrow airport bound for Dubai with 1.2 million pounds ($1.58 million) in their suitcases have been charged with money laundering, the British government said …
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Posted on 14/11/2020

Dubai couple hosts ‘drive-by wedding ceremony’

A Dubai-based couple managed to have a slice of the grandeur by having a ‘drive-by ceremony’ for their loved ones outside their home in Jumeirah. Indian couple from Kerala Muhammed Jazem and Almas …
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Posted on 14/11/2020

Dubai Islamic Bank closes the lowest ever yielding additional tier 1 sukuk

Dubai: Dubai Islamic Bank (DIB) priced a $1 billion perpetual non-call 5.5- year additional tier 1 (AT1) sukuk with a profit rate of 4.625 per cent per annum. This transaction carries the lowest ever …
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Posted on 14/11/2020

How new road projects in Dubai saved residents’ time, money

The savings in time and fuel in 2019 amounted to Dh24.42 billion, “which is equivalent to Dh7,400 of savings per resident.
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Posted on 14/11/2020

Revealed: How much did Indians, Pakistanis invest in Dubai’s real estate in 2019

Dubai Land Department data showed that investors from India … pumping more than Dh10.89 billion last year in to the emirate’s property sector, followed by Dh8.1 billion by Emiratis, Dh4.92 billion …
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Posted on 14/11/2020

Real estate sector contributed 7.2% to Dubai’s GDP in 2019 says report

The real estate sector contributed 7.2 per cent of Dubai’s GDP in 2019 according to Dubai Land Department’s (DLD) annual report titled ‘Real Estate Sector Performance 2020′. Image Credit: Ahmed Ramzan …
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Posted on 14/11/2020

UAE launches financial reporting system for multinational companies

Dubai: Ministry of Finance on Saturday announced the launch of a reporting system for multinational entitiess (MNEs). The New MNE Notification and Reporting System is in accordance with UAE’s Cabinet …
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Posted on 14/11/2020

Sharjah Film Platform returns, showcases films by regional talent

Sharjah — The Sharjah Art Foundation’s annual film festival, Sharjah Film Platform (SFP), returns for its third edition from November 14 to 21, with more than 60 short and feature-length films in the …
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Posted on 14/11/2020

Dubai comes up with a new model of excellence

The 2020 Dubai Government Excellence Programme is the first such … government priorities, data and technology, leadership, health and safety, human capital and communications.
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Posted on 14/11/2020

No prior appointment needed for COVID-19 tests at testing stations in malls across Dubai

The Dubai Health Authority (DHA) has announced that the timings of PCR COVID-19 testing stations in malls across Dubai has changed. The PCR testing stations, which are located in Mall of the Emirates, …
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Posted on 14/11/2020

In F-35 sale to UAE, Senate seeks State Dept. guarantee for US technology and Israel

Bipartisan legislation that the GOP-led Senate Appropriations Committee introduced Nov. 10 represents another potential hurdle for the U.S. sale.
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Posted on 14/11/2020

UAE reopens land-border crossings closed due to COVID-19 – WAM

United Arab Emirates has reopened its land-border crossings as it works to support the economy from the effects of the coronavirus pandemic, state news agency WAM reported on Friday.
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Posted on 14/11/2020

18 top new Dubai restaurants to try

Cuisine: French Location: Sofitel, The Obelisk, Wafi Billionaire Dubai has revamped itself and … the casual restaurant located in the bustling Galleria Mall promises a relaxed setting to enjoy …
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Posted on 14/11/2020

Giant solar power station in SPACE could generate energy for Britain: Scientists could build a multi-billion pound satellite to match output of a nuclear plant… and there’s …

The British prototype, called CASSIOPeiA, is expected to cost between £10-15billion. It is likely to be a mile high, about twice the height of the Burj Khalifa skyscraper, and weigh 2,000 tons.
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Posted on 14/11/2020

Accounting firm EY fights fires on three audit cases that threaten its global reputation

“It was the work of an EY Dubai assurance team that uncovered … At the end of last year, hedge fund Muddy Waters questioned the relationship between EY and NMC, pointing out that the board …
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Posted on 13/11/2020

Property mogul & reality TV star Mohamed Hadid talks cookbooks & kibbeh in lockdown

The global pandemic has triggered a boom in reading, according to the president of the International Publishers Association. #InspireMiddleEast …
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