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Month: December 2020

Posted on 24/12/2020

UAE reports 1,311 Covid cases, 1,495 recoveries, 2 deaths

The UAE Ministry of Health and Prevention on Thursday reported 1,311 cases of the Covid-19 coronavirus, along with 1,495 recoveries.Two deaths were also reported.As many as new 138,914 Covid-19 tests …
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Posted on 24/12/2020

UAE Sees Gradual Oil Demand Recovery in 2021, Minister Says

The United Arab Emirates is optimistic about a recovery in oil demand in 2021, but says it won’t be immediate.
( read original story …)


Posted on 24/12/2020

Dubai Economy Expected to Soar 4 Percent in 2021

Dubai Government stepped up its efforts in monitoring market conditions and communicating with the private sector and the broader community. The Government adopted strong precautionary protocols to …
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Posted on 24/12/2020

Abu Dhabi’s NMDC-NPCC merger move has makings of a winner

With their core strengths, these entities benefit from catering to a wide geography While the DFM edged up further on Wednesday after Monday’s horror show, there hasn’t been much cheer for DXB …
( read original story …)


Posted on 24/12/2020

Abu Dhabi to Reopen to Travelers on December 24

Following an announcement by the Abu Dhabi Emergency Crisis and Disasters Committee, effective December 24, 2020, entry restrictions into Abu Dhabi will be relaxed. International tourists, residents …
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Posted on 24/12/2020

Abu Dhabi: Have you seen this island full of alabaster rocks?

An island in Abu Dhabi features so many alabaster rocks that it’s been named ‘Almarmar’, after the tough white stone. Located east of the Sir Bani Yas Reserve in Al Dhafra region, the island – off the …
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Posted on 24/12/2020

MIDEAST STOCKS-Most major Gulf markets little changed; Dubai outshines

Dubai’s stock market extended the previous session’s gains on Thursday as the emirate began COVID-19 inoculations with the Pfizer-BioNTech vaccine, while other major Gulf markets were little changed.
( read original story …)


Posted on 24/12/2020

Dubai holidays: Latest FCDO update for UAE as covid testing and quarantine rules change

DUBAI holidays are normally being enjoyed to the max by Britons at this time of year thanks to the guaranteed sunshine the hotspot offers even in the winter months. The United Arab Emirates now have …
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Posted on 24/12/2020

UK-UAE export credit deal set to ‘significantly’ boost trade corridor

The recent signing of a reinsurance agreement between the UAE and the UK is set to lead to an influx of British companies exporting into the region, according to experts. The new agreement – signed by …
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Posted on 24/12/2020

UAE’s ‘Great Game’ in Red Sea complicates regional balance

Analysts believe that despite reducing its military footprints in Yemen in 2019, UAE has consolidated itself in the southern regions. It has continued to finance and impart training to thousands of …
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Posted on 24/12/2020

Wish fulfilled: UAE teen’s dream vacation on exotic island resort

The Make a Wish UAE brought bountiful joy and happiness to an Emirati teenager Roudha (15) by granting her wish to stay with her family on a virgin island away from the humdrum of everyday life. Her …
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Posted on 24/12/2020

UAE real estate: Off-plan or ready property, what are you planning to buy?

Additionally, residential property prices have significantly come down so there are good deals in the secondary market. In the last 12 months, residential property prices in Dubai fell by 11.7 per …
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Posted on 24/12/2020

Dubai’s Dewa nets $77mln in savings through smart transactions

Dubai Electricity and Water Authority (Dewa) said it has successfully completed over 7 million smart transactions from January to September. This achievement helped reduce over 24,000 tonnes of carbon …
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Posted on 24/12/2020

Dubai sees economy shrinking 6.2% before rebound in 2021

Dubai Statistics Centre data also shows a decrease of 34.6% in activity in the hospitality and food services during H1 …
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Posted on 24/12/2020

Dubai economy to grow 4% in 2021, rebounding from this year’s contraction

Dubai, the financial and business hub of the United Arab Emirates (UAE), is forecast to grow by 4% in 2021, recovering for a projected 6.2% contraction this year, the government said, citing …
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Posted on 24/12/2020

COVID-19: What do Abu Dhabi’s new regulations mean for travellers and residents?

New COVID-19 requirements come into force today in Abu Dhabi Abu Dhabi: On Tuesday, Abu Dhabi announced updates to its existing preventive and precautionary regulations. The new guidelines amended …
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Posted on 24/12/2020

Efforts on to locate 602 people who came to Goa from UK, UAE

The maximum number of people who have arrived from these two places are expected to be in Cansualim area of South Goa district, predominantly a beach destination, he said.
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