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Month: November 2020

Posted on 09/11/2020

Ask The Expert: Natalia Sycheva, Manager – Entrepreneurship, Dubai Chamber

Entrepreneurship, Dubai Chamber of Commerce and Industry, responds to various queries such as cost management, pitching, and more.
( read original story …)


Posted on 09/11/2020

Dubai’s Empower awards Zabeel cooling plant contract

UAE-based Emirates Central Cooling Systems Corporation ( Empower) said it has awarded a contract worth Dh164 million ($45 million) for the construction of its new district cooling plant in Zabeel, one …
( read original story …)


Posted on 09/11/2020

COVID-19 sparks e-commerce boom in UAE

The UAE e-commerce sector is expected to capture a bigger share of the card payment transaction values in 2020 than was predicted before the pandemic — up from 19.7 per cent to 21.9 per cent. Going …
( read original story …)


Posted on 09/11/2020

Ripple opens regional office in Dubai following volatile Q3 for XRP

XRP’s volatility saw new yearly highs over Q3 as Ripple announced it would be opening a regional headquarters in one of Dubai’s free-trade zones.
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Posted on 09/11/2020

Abu Dhabi Wealth Fund Culls Japan Team, Seeking New Growth Focus

The Abu Dhabi Investment Authority has reconfigured the way it invests in Japanese stocks, part of a wider shift by the world’s third-largest sovereign wealth fund to focus on areas with more growth …
( read original story …)


Posted on 09/11/2020

UAE, Bahrain Brace for a Chillier Biden Approach

U.S. President-elect Joe Biden will inherit his predecessor’s signature foreign-policy achievement: the historic Abraham Accords that normalized Israel’s relations with the United Arab Emirates and …
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Posted on 09/11/2020

First flight to UAE with Israeli tourists lands in Dubai

The first passenger flight carrying Israeli tourists to the United Arab Emirates (UAE) landed Sunday in Dubai, a historical moment that looked to herald a new level of economic cooperation in the …
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Posted on 09/11/2020

Middle East’s Spotlight on Green Finance

Regional appetite for green financial support is growing – loud and clear, says Badar Chaudhry, Senior Vice President, Sector Head – Energy, Mashreq Bank …
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Posted on 08/11/2020

Most Gulf markets rise; Abu Dhabi eases

Most share markets in the Gulf ended higher on Sunday but stocks did not react significantly to Joe Biden’s victory in the U.S. presidential election.
( read original story …)


Posted on 08/11/2020

UPDATE 1-Abu Dhabi’s Etihad announces departure of several senior execs

Abu Dhabi’s Etihad Airways said on Sunday its chief commercial officer was leaving the state carrier as part of a broad management restructuring as it struggles through the pandemic.
( read original story …)


Posted on 08/11/2020

Dubai primed to be global business hub

Global bank HSBC said in a city report that Dubai’s major economic and business reforms have led to significant improvements in its economic competitiveness and status as a global hub. “Business …
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Posted on 08/11/2020

Mint Lite | UAE reforms, M&A, Myanmar polls, climate crisis and others

General elections started in Myanmar on Sunday even as the country saw coronavirus cases rise to 1,100 per day, after reporting only a handful in August. In the country’s second democratic vote since …
( read original story …)


Posted on 08/11/2020

Sharjah-Kalba Road reopens to motorists after being closed due to heavy rains

The road that links Sharjah and Kalba reopened to motorists late on Sunday after being closed due to heavy rains. Sharjah Police earlier closed the Sharjah-Kalba road from both directions between Al …
( read original story …)


Posted on 08/11/2020

First plane with Israeli tourists lands in UAE after deal

The first flight carrying Israeli tourists to the United Arab Emirates landed Sunday in the city-state of Dubai, the latest sign of the normalization deal reached between the two nations. FlyDubai …
( read original story …)


Posted on 08/11/2020

Microsoft MIE experts in UAE up six-fold to over 2,000

Microsoft has announced that 2,013 educators from the UAE are now Microsoft Innovative Educator (MIE) Experts, compared to 323 last year–a more than six-fold growth. This year’s UAE educators make up …
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Posted on 08/11/2020

This Diwali 2020, win Dh100k worth of gold prizes at Dubai shopping malls

Participating malls include Al Khail Gate Community Centre, Arabian Centre, Burjuman, Bay Avenue, Dubai Outlet Mall, Reef Mall, Oasis Mall, Times Square Center and The Mall. Dubai Shopping Malls Group …
( read original story …)


Posted on 08/11/2020

Abu Dhabi Wealth Fund Culls Japan Team, Seeking New Growth Areas

The Abu Dhabi Investment Authority has reconfigured the way it invests in Japanese stocks, part of a wider shift by the world’s third-largest sovereign wealth fund to focus on areas with more growth …
( read original story …)


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