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Month: January 2021

Posted on 24/01/2021

Dustin Poirier blasts Conor McGregor in Abu Dhabi to plot new UFC title shot

Dustin Poirier scored a sensational knockout victory over Conor McGregor at UFC 257, setting a course for another crack at the lightweight title …
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Posted on 24/01/2021

Dubai leads most Gulf markets lower, but Abu Dhabi bucks the trend

Most major Gulf stock markets slipped on Sunday, with Dubai hardest hit following a surge in coronavirus cases in the United Arab Emirates, but Abu Dhabi bucked the trend to trade higher.
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Posted on 24/01/2021

Denmark suspends UAE flights

Denmark has temporarily halted all flights from the United Arab Emirates for five days, following concerns about the accuracy of coronavirus testing before leaving Dubai. While the UAE has increased …
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Posted on 24/01/2021

UAE: Crackdown on overcrowded houses launched, up to Dh200,000 fine for violations

The municipality has, over the years, also fined firms for making their employees live in overcrowded and substandard accommodations.
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Posted on 24/01/2021

Dubai Shares Drop on Restrictions, Kuwait Banks Rise: Inside EM

Dubai’s main equities index led losses in the Middle East after a fresh set of restrictions to contain the spread of coronavirus as cases keep rising. Banks in Kuwait advanced on potential dividend …
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Posted on 24/01/2021

McIlroy leads Hatton by one shot in Abu Dhabi

Rory McIlroy (pix) will take a one-shot lead over Tyrrell Hatton into the final day of the Abu Dhabi Championship after firing a …
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Posted on 24/01/2021

Fast Forward and the Abraham Accords: Dorian Barak on Emerging Trends in UAE-Israel Business Relations

One of the stereotypes of the Middle East is things don’t happen quickly here. Entrepreneurs in the Levant and GCC are often frustrated that their peers …
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Posted on 24/01/2021

Leaders of vaccine rollout, UAE and Israel, deliver world-beating market gains

The race to deliver the jab to the world’s populations has so far been led by a handful of smaller nations, and now they’re outpacing some of the wealthiest countries in the eyes of traders too. The …
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Posted on 24/01/2021

UAE: 5-minute vehicle inspection, licence renewal service

Harat quick services for vehicle inspection, issuance and renewal of licences have achieved 90 per cent of customers’ satisfaction.Data showed that the initiative launched by Sharjah Police has been a …
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Posted on 24/01/2021

Kuaishou draws BlackRock, Abu Dhabi to $6bn IPO

Chinese short-video start-up plans to set aside almost $2.5bn of IPO stock for about 10 cornerstone investors, sources said …
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Posted on 24/01/2021

Commercial Bank of Dubai’s Stefan Kimmel joins ‘Doubling-down on digital’ roundtable

ITP.net’s ‘Cashing in on Digitalisation in Banking’ event is set to air on 9th February and will feature top insights from banking, finance and technology leaders …
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Posted on 24/01/2021

Sharjah attracted $220m FDI in 2020

The emirate of Sharjah in the UAE attracted 24 foreign direct investment (FDI) projects worth $220m (Dhs808.6m) in 2020, a Wavteq study has noted. There was a 60 per cent increase in the number of FDI …
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Posted on 24/01/2021

Abu Dhabi: Rory McIlroy edges into one-shot lead over Tyrrell Hatton after day three

Rory McIlroy will take a slender lead over Tyrrell Hatton into the final round of the Abu Dhabi HSBC Championship as Justin Thomas made a shock exit.
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Posted on 24/01/2021

Rory McIlroy vows to ‘make it my turn’ as he leads going into final round in Abu Dhabi

Rory McIlroy is taking nothing for granted as he heads into the final round of the Abu Dhabi HSBC Championship with a one-shot lead over Tyrrell Hatton.
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Posted on 24/01/2021

UAE says seeking clarity from Denmark regarding suspension of flights

The UAE is currently communicating with authorities in Denmark after the European nation announced a brief suspension of flights from the Emirates. According to media reports, Denmark suspended all …
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Posted on 24/01/2021

UAE: Hospital, doctor to pay couple Dh1.3 million for botched C-section

A hospital and a doctor that caused a woman to go into a coma while giving birth due to medical negligence during a caesarian operation, have been told to pay the patient and her husband Dh1.3 million …
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Posted on 24/01/2021

Dubai’s RTA completes construction of bus stations at Al Jaffiliya, Al Qusais and Deira

Dubai’s Road and Transport Authority (RTA) has completed the construction of Al Jaffiliya, Etisalat and Union public bus stations at Al Jaffiliya, Al Qusais and Deira. The new stations complement the …
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