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Month: December 2020

Posted on 27/12/2020

Dubai Budget Policy Turns ‘Expansionary’ With $15.5 Billion Plan

Dubai’s government expects to spend 57.1 billion dirhams ($15.5 billion) next year as it tries to mitigate the impact of the coronavirus, according to the budget approved on Sunday.
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Posted on 27/12/2020

Dubai unveils $15.5bn budget for 2021; health, infrastructure top focus

The newly-announced budget takes into account the exceptional economic conditions of the fiscal year 2020 and the repercussions of the Covid-19 pandemic on the global economy. It also confirms Dubai’s …
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Posted on 27/12/2020

Sheikh Mohammed approves Dh57.1 billion Dubai…

Dubai’s general budget for the fiscal year 2021 has been approved on Sunday with a total expenditure of Dh57.1 billion. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime …
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Posted on 27/12/2020

Dubai’s Emirates announces management changes in commercial team

Emirates has announced several key movements and rotations to its commercial team, both in its Dubai hub and across key markets in the Far East, West Asia and Africa. The changes place five seasoned …
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Posted on 27/12/2020

First look: Inside the new Sofitel Dubai The Obelisk

Sofitel Dubai The Obelisk will be connected to Wafi Mall and sit next door to Raffles Dubai. The properties will share some facilities on a cluster level.
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Posted on 27/12/2020

Sheikh Mohammed approves Dh57.1 billion Dubai budget for 2021

Dubai’s general budget for the fiscal year 2021 has been approved on Sunday with a total expenditures of Dh57.1 billion. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime …
( read original story …)


Posted on 27/12/2020

NYE celebrations in Dubai: Nakheel issues travel advice for Palm Jumeirah

A number of measures are being undertaken by Nakheel in preparation for an anticipated increase in traffic on Palm Jumeirah on New Year’s Eve. The master developer has said that it is working closely …
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Posted on 27/12/2020

Damac Sees UAE Property Market Recovery In Two Years, Zawya Says

The recovery of the UAE property market to pre-crisis levels could take up to two years, an executive at Dubai-listed developer Damac Properties PJSC said.
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Posted on 27/12/2020

Coronavirus: Abu Dhabi opens 18 new DPI testing centers at border area

Abu Dhabi Emergency Crisis and Disasters Committee announced the establishment of 18 drive-through DPI testing stations on al-Faya Road before Ghantoot and approved to open new lanes at the entry …
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Posted on 27/12/2020

KT Morning Chat: Dh50K fine for violating Dubai NYE party rules, 18 new laser testing centres for Abu Dhabi entry

Dh50,000 fine for violating partying rules on NYE and 18 new laser testing centres open at Abu Dhabi entry point. Find what’s making headlines right …
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Posted on 27/12/2020

Crackdown in Sharjah on illegal activities at deserted, under-construction buildings

The Sharjah Police in coordination with Sharjah Municipality authorities have started a crackdown on illegal activities at deserted and dilapidated homes and abandoned buildings in the emirate. The …
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Posted on 27/12/2020

Revealed: how the UAE tourism industry can survive the impact of coronavirus

The UAE Hospitality Think Tank is a focus group comprising leading industry players from across the UAE hospitality sector to assess the challenges brought about by coronavirus. The report sets out 15 …
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Posted on 27/12/2020

UAE sees gradual oil demand recovery in 2021 – minister

The UAE isn’t concerned about new mutations of the virus. “I haven’t seen any danger from these strains,” he said. “The global health sector can find a solution to this virus.” …
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Posted on 27/12/2020

Agritech ideas keep sprouting in UAE

The Abu Dhabi Investment Office expanded its AgTech incentive programme to include support for innovative companies …
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Posted on 27/12/2020

The Future Of Mega-Events: How Remote Work Technologies Could Enhance The Global Reach of Expo 2020 Dubai

But there could be a light at the end of the tunnel, and it relies heavily on technology. In December, Dubai hosted the only major technology event to go live in 2020. GITEX Technology Week 2020 …
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Posted on 27/12/2020

Israel, UAE plotting to eliminate UNRWA – report

In doing so, Abu Dhabi would be rallying to a long-standing demand from Israel, insisting for years that UNRWA is obstructing peace.
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Posted on 27/12/2020

Finablr sold to UAE-Israeli consortium for $1

Finablr, the scandal-marred platform for payments and foreign exchange solutions, announced on Thursday that it has entered into a definitive agreement with Global Fintech Investments Holding (GFIH), …
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