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Month: November 2020

Posted on 11/11/2020

Louis Dreyfus to Sell 45% Stake to Abu Dhabi, Opening Commodity Giant for First Time

Dreyfus agreed to sell a 45% indirect stake in agricultural trader Louis Dreyfus Co. to Abu Dhabi sovereign wealth fund ADQ, opening the family company to outside ownership for the first time in its …
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Posted on 11/11/2020

Abu Dhabi to invest more in agritech: Abu Dhabi Investment Office

Tariq Bin Hendi of the Abu Dhabi Investment Office states that agriculture technology is one of the areas that Abu Dhabi has a competitive advantage in.
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Posted on 11/11/2020

Work starts on key phase of Mina Zayed renovation project in Abu Dhabi

Abu Dhabi Department of Municipalities and Transport (DMT) has launched the second phase of a comprehensive renovation plan to redevelop designated areas of the iconic Mina Zayed area, and transform …
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Posted on 11/11/2020

Indian engineering student found hanging from ceiling in Sharjah

A 21-year-old Indian engineering student was found hanging from the ceiling fan in his family apartment in Sharjah’s Al Rolla, police said. The deceased identified as Jyot from Dubai was found dead on …
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Posted on 11/11/2020

Indian engineering student found dead in Sharjah

The deceased identified as Jyot from Dubai was found dead on the night of November 2 A 21-year-old Indian engineering student was found hanging from the ceiling fan in his family apartment in …
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Posted on 11/11/2020

Dubai Puts Airport’s Cooling Operation on the Block in Rare Sale

Dubai is seeking a buyer for the cooling system operations of its biggest airport as Gulf Arab states lean on asset sales and debt to shore up their finances.
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Posted on 11/11/2020

Sheikh Mohammed reviews Dubai road projects worth $1.25bln

President and Prime Minister of the UAE and Ruler of Dubai, has reviewed road and bridge projects worth Dh4.6 billion that were built in Jebel Ali. The 119km extensions are intended to serve Expo 2020 …
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Posted on 11/11/2020

Dubai’s DAFZA welcomes senior economic delegation from Israel

The visit aims to discuss the prospects for strategic relations in various fields to encourage and increase foreign investment flows …
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Posted on 11/11/2020

Time Out Market Dubai announces inaugural line-up including some of the cities most acclaimed chefs and restaurateurs

Time Out Market Dubai, the food and cultural market rooted in editorial curation, today reveals a selection of its acclaimed chefs and restaurateurs joini …
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Posted on 11/11/2020

11.11 sale: Cebu Pacific offers Dubai-Manila flights for as low as Dh1 base fare

In its special 11.11 seat sale, passengers can fly home for as low as Dh1 one-way base fare. Filipinos as well as other residents in the UAE can now easily plan their vacation to the Philippines with …
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Posted on 11/11/2020

Tailbacks on Dubai-Sharjah roads on Wednesday morning

Morning rush hour on Wednesday caused tailbacks on key Dubai-Sharjah roads. According to Google Maps, tailbacks were reported on Sheikh Mohammed bin Zayed Road and E11 among other internal roads.
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Posted on 11/11/2020

US State Dept. approves UAE’s purchase of F-35 jets, MQ-9 drones

This is a big win for the UAE, which has long sought the stealthy F-35. It also represents a win for the Trump administration, which has made increasing U.S. weapon exports a key part of its economic …
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Posted on 11/11/2020

Israeli delegation explores investment opportunities in Dubai

Dubai: Dubai Airport Freezone Authority (DAFZA) welcomed a. The visit aims to discuss the prospects for strategic relations in various fields to encourage and increase foreign investment flows. This …
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Posted on 11/11/2020

Cryptocurrency This Week: UAE-Based Crypto Exchange Bitex Enters India & More

Based crypto exchange Bitex has made its foray into the Indian crypto market. The company says that it’s fully AML-compliant …
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Posted on 11/11/2020

Dubai-based Mondia launches digital entertainment platform in SA

Mondia, a mobile technology company specialising in the marketing and distribution of digital content, launches its time-based entertainment platform Monsooq.
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Posted on 11/11/2020

US plans sale of F-35 fighter jets to UAE in $23B arms deal

The Trump administration formally notified Congress on Tuesday that it plans to sell 50 stealth F-35 fighter jets to the United Arab Emirates as part of a broader arms deal …
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Posted on 11/11/2020

U.S. approves $23.37 billion advanced arms sale to UAE, Pompeo says

The Trump administration told Congress on Tuesday it had approved the U.S. sale of more than $23 billion in advanced weapons systems, including F-35 fighter jets and armed drones, to the United Arab …
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