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Month: January 2021

Posted on 24/01/2021

Prism Group, Abu Dhabi’s Royal Strategic Partners appoint Moelis & Company to advise on Finablr deal

Prism Group and Abu Dhabi’s Royal Strategic Partners (RSP) have appointed investment bank Moelis & Company to advise on the restructuring of Finablr Ltd and its subsidiaries (the group). Prism formed …
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Posted on 24/01/2021

McIlroy records another top-three finish in Abu Dhabi as Hatton comes through to triumph in season opener

Rory McIlroy couldn’t hold onto his overnight lead at the Abu Dhabi HSBC Championship as Tyrrell Hatton came from behind to triumph in the European Tour’s season opener. Hatton was superb in the final …
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Posted on 24/01/2021

Hancock slams holidaymakers saying there should be no ‘weekends in Dubai’

The Health Secretary on Sunday reinforced the government’s rule that international travel should not be happening unless it was ‘absolutely necessary’.
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Posted on 24/01/2021

Fitness influencer in Dubai hits back at those who slam social media stars for going abroad to work

Personal trainer Sheridan Mordew, 24, from Sunderland, arrived in Dubai just a few days before the third national lockdown, and planned to film live workouts to inspire her clients in the UK.
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Posted on 24/01/2021

Abrahamic Business Circle Founder says “We believe in economic diplomacy”

Dr. Raphael Nagel, chairman of the Abrahamic Business Circle and general manager of a Dubai-based private equity firm, says that his organization believes in economic diplomacy and building bridges …
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Posted on 24/01/2021

London stock market ready for strong IPO year

London set for a strong year for stock market flotations, said analysts, adding that the Brexit and coronavirus pandemic allows firms to enlarge. Big-name businesses have announced plans for initial …
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Posted on 24/01/2021

Strong catalysts could support IPO activity in Saudi and UAE in 2021

Kuwait-based Kamco Invest expects the GCC initial public offering (IPO) market to remain active in 2021, given the number of catalysts that could support primary markets within the region. In a report …
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Posted on 24/01/2021

Sharjah draws $220m FDI in 2020 for 24 projects

The UAE emirate of Sharjah attracted 24 foreign direct investment (FDI) projects worth $220 million (AED 808.6 million) during 2020, as per a Wavteq study on Sharjah’s FDI annual performance. The Year …
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Posted on 24/01/2021

Abu Dhabi approves three new COVID-19 tests

Abu Dhabi’s Department of Health has approved three new COVID-19 tests, including one that provides results in 20 minutes, Abu Dhabi Media Office said. For more coronavirus news, visit our dedicated …
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Posted on 24/01/2021

As Israelis Flock To UAE, They See A New Precedent: Peace Deals Without Giving Ground

Israelis are visiting Dubai in the tens of thousands. Where in the past, they could only arrive as undercover spies, competitive athletes or foreign …
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Posted on 24/01/2021

UAE sees record 3,579 new coronavirus cases, 9 deaths

As part of its intensified testing campaign, ministry has announced that it conducted 179,117 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment.
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Posted on 24/01/2021

UAE: Man fined Dh10,000 for embezzling Dh40,000

The Misdemeanour Court has ordered an Arab man to pay a fine of Dh10,000 after being found guilty of embezzling Dh40,000 from a compatriot. Court records show that the accused conned the victim by …
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Posted on 24/01/2021

New UAE residency policy announced

The announcement is one of several new decisions approved by His Highness Sheikh Mohammed at the first Cabinet meeting of the year.
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Posted on 24/01/2021

SirajPower to install solar rooftops for five Jafza buildings

SirajPower will work with Express Pack Print to reduce the company’s environmental impact and their electricity bills …
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Posted on 24/01/2021

Dubai’s licensing hub will launch new services for businesses in 2021

We remain one of the most affordable options for those who wish to license and launch their businesses in Dubai and have access to workspaces,” said …
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Posted on 24/01/2021

Dubai’s Emirates to resume flights to Australia

Dubai carrier Emirates will be resuming flights to Australian cities of Sydney, Melbourne and Brisbane, later this week. “Emirates will resume passenger flights to Sydney from January 25, to Melbourne …
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Posted on 24/01/2021

Reimagined Abu Dhabi Sustainability Week concludes with global commitment to deliver green recovery in 2021

Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development hosted by Masdar, concluded on Thursday with a resounding global commitment to deliver a green …
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