Net investment by the federal government and local governments in non-financial assets rose to AED32.2 billion ($8.77 billion) in the first half of 2020, an increase of 40 percent as compared with …
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UAE jails two over ‘fake news’ Covid-19 deaths story
A court in the United Arab Emirates has sentenced two people, including a television journalist, to two years imprisonment over a “fabricated” report on the Covid-19 deaths of five members of one …
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Seven UAE CPI groups up in September
Expenditure on seven groups of the UAE Consumer Price Index, CPI, increased while five others decreased in September as compared to August 2020, according to statistics released by the Federal …
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Top Gulf Arab Bond Manager Hungry for Risk Eyes Oman and Bahrain
Franklin Templeton’s Gulf Arab bond fund hunkered down for U.S. election volatility by seeking refuge in cash and only the highest-rated debt.
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DFC brings free fitness events and activities to Dubai
Dubai Fitness Challenge (DFC), the annual citywide celebration of all things fitness, has kicked off in full swing on its fourth edition with an action-packed calendar of free events, sports …
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Dubai’s Covid-19 testing stations at malls now accepting walk-ins
The PCR Covid-19 testing stations at malls across Dubai are now accepting walk-in customers, the Dubai Health Authority (DHA) announced on Thursday. Operating hours have also changed. The testing …
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UAE stock markets give a guarded response to a Biden win
Even though the final result is yet to come, the stock markets have anointed Joe Biden as the next US President. And reacting to the event, DFM closed higher by 0.32 per cent while ADX ended up by …
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UAE announces 1,289 new COVID-19 cases and 3 deaths in last 24 hours
The Ministry of Health and Prevention, MoHAP, announced that it conducted 131,633 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, …
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Dubai records Dh2.9 billion realty sales
The top three transfers for apartments and villas were an apartment was sold for Dh257 mil-lion in Marsa Dubai, an apartment was second in … The sum of the amount of mortgaged properties for the …
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Sofitel Dubai the Obelisk opens in Dubai
Merging modern French art de vivre and ancient Egyptian heritage, it becomes the largest Accor property in the Middle East and Africa. It is located in the Dubai Wafi region.
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Building a Greener Future: Hira Industries selects Yellow Door Energy as solar partner
Dubai, United Arab Emirates:Yellow Door Energy, a UAE-based sustainable energy provider for businesses, has been awarded a solar agreement with Hira Industries LLC (“Hira Industries”), a leading …
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Abu Dhabi court sentences TV reporter, interviewee to jail over fake claims that family of five died of COVID-19
The Abu Dhabi Court of Appeal has sentenced a TV reporter and his interviewee to two years in prison each for fabricating a fake story that claimed a family of five Emiratis had died of COVID-19. The …
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100% students may return to Abu Dhabi schools from Jan
Education authorities in Abu Dhabi have asked schools to give parents and students the choice to switch their preferred learning model for two weeks once classes resume in January. Schools in the …
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UAE announces Dh35 million in aid to people affected by typhoon Goni in Philippines
The UAE has allocated Dh35 million to provide urgent humanitarian aid to people affected by typhoon Goni. The decision was taken upon the directives …
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Dubai Aerospace targets more lease-back deals as airlines struggle through pandemic
Dubai Aerospace Enterprise (DAE), one of the world’s biggest aircraft leasing companies, expects air traffic to start rebounding by the middle of next year and is looking for more deals with airlines …
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Morpho Hotels and Resorts to open five properties in UAE
Morpho Hotels & Resorts, a trendy, business, luxury lifestyle brand, has announced its official brand entry into the Middle East market with plans to open five new properties in the UAE. Inspired by …
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Is China Exporting its State Surveillance Technology to the UAE?
Since its unveiling in 2014, commentators in the West have portrayed China’s social credit system as a visitation from the dystopian future where all ou …
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