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Month: December 2020

Posted on 16/12/2020

Efforts ongoing to free jailed Turkish man in UAE

Businessman, jailed by UAE for 3 years, exposed to country’s torture due to its hostile policies against Turkey: Lawyers – Anadolu Agency …
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Posted on 16/12/2020

Flu cases in UAE down thanks to Covid safety measures

Aggressive precautionary measures to tame the unprecedented novel coronavirus disease (Covid-19) have lessened influenza and other respiratory diseases that usually report a surge around this time of …
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Posted on 16/12/2020

UAE, Israel to explore cooperation in the development of tech ecosystems

Rountable discussion seeks to understand business dynamics between countries and forming long-term relationships …
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Posted on 16/12/2020

Wyndham welcomes two new Dubai properties

The company has also welcome the launch of the 94-key Super 8 by Wyndham Dubai Deira – its first property in the UAE under the economy brand. Located in the historic area of Deira, the newly opened …
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Posted on 16/12/2020

GE ranks UAE global innovation leader

The UAE business executives have ranked the nation as a global leader in creating an ‘innovation-conducive environment,’ according to the 2020 GE Global Innovation Barometer. This year, the Global …
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Posted on 16/12/2020

DAMAC Properties Teams up With ADIB To Offer Attractive Home Finance Plan

As demand for ready and off-plan villas increases in Dubai, DAMAC Properties has announced a home finance plan in partnership with Abu Dhabi Islamic Bank (ADIB). The plan offers a …
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Posted on 16/12/2020

Abu Dhabi’s ADX signs MOU with Tel Aviv Stock Exchange

Abu Dhabi’s ADX securities market has signed a memorandum of understanding (MOU) with Israel’s Tel Aviv Stock Exchange (TASE) to foster co-operation between the two exchanges, the Abu Dhabi government …
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Posted on 16/12/2020

UAE preparing for next fifty years by relying on visions of talented citizens: Sheikh Mohammed

The initiative aims to build the capacities of employees, enhance their design skills, and train them on using new tools …
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Posted on 16/12/2020

Why UAE motorists prefer smaller cars to lease

Car leasing industry in the UAE is shifting gear slowly into recovery mode after a tough 2020 due to the outbreak of the pandemic with people increasingly opting for smaller vehicles. Industry …
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Posted on 16/12/2020

Pakistanis in UAE opt for digital account to pay bills back home

Pakistanis in the UAE and Gulf are opening Roshan Digital Accounts (RDA) and buying Naya Pakistan Certificates in “large numbers”, a top official has said. On December 10, the State Bank of Pakistan …
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Posted on 16/12/2020

UAE-based GMG acquires RSH’s Southeast Asian, GCC, and Egypt sports retail operations

Through the RSH acquisition, GMG Sports is increasing its presence in the Gulf and entering some of the largest markets in Southeast Asia—including Indonesia, Malaysia, and Sing …
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Posted on 16/12/2020

Sharjah to get new cultural neighbourhood as part of Dh24 billion project

Developer Arada launched Naseej District in the heart of New Sharjah as a “progressive community” to further strengthen the art and culture space the emirate is known for. The district is part of a …
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Posted on 16/12/2020

Sharjah’s Arada launches Naseej District; CEO ‘extremely bullish’ on outlook for 2021

Sharjah real estate developer Arada is ‘extremely bullish’ on the outlook for the emirate of Sharjah for 2021, its CEO has confirmed. “It has been a challenging year for the UAE real estate market in …
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Posted on 16/12/2020

Arada announces launch of new upscale Sharjah neighbourhood

Construction on the Naseej District will begin in the Q2 2021, and the first residential units will be delivered in 2023 …
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Posted on 16/12/2020

UAE highly resilient to Covid-19 pandemic impact, World Economic Forum says

Strong financial system, integration of health, fiscal and social policies helped the country mitigate the effects of pandemic …
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Posted on 16/12/2020

Bahrain National Day: UAE satellite captures stunning image of Manama

With the UAE going all out to celebrate Bahrain’s 49th National Day today, one of its satellites has captured a stunning image of Manama. The Mohammed Bin Rashid Space Centre (MBRSC) posted the image …
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Posted on 16/12/2020

Most Gulf markets rise in early trade; Dubai stocks ease

Most major markets in the Gulf traded higher early on Wednesday, with Saudi Basic Industries Corp (SABIC) supporting the Saudi index.
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