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Month: January 2021

Posted on 20/01/2021

Video: New UAE tourist spot Al Fay Park opens in Abu Dhabi

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Executive Council and Chairman of Executive Office, has officially opened Al Fay Park on Reem Island as part of Abu Dhabi’s ongoing efforts …
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Posted on 20/01/2021

Aldar Shares Jump as Abu Dhabi Signs Off on $12 Billion in Deals

Aldar Properties PJSC climbed the most in almost three months after Abu Dhabi signed off on deals worth $12.3 billion.
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Posted on 20/01/2021

Gulf stocks gain in early trade

Stock markets in the Gulf rose in early trade on Wednesday, with Abu Dhabi on track to extend gains for a fourth session.
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Posted on 20/01/2021

World’s largest single-site solar plant in Abu Dhabi

An hour’s drive southeast of Abu Dhabi is the world’s largest single-site solar plant. Located at Sweihan in Abu Dhabi, Noor Abu Dhabi (which means ‘light’ in Arabic) features 3.2 million solar …
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Posted on 20/01/2021

MENA’s installed solar capacity to reach 35 gigawatts by 2023: MESIA

Despite the impact of COVID-19, the total installed solar capacity in the Middle East and North Africa (MENA) region is expected reach up to almost 35 gigawatts (GW) by 2024, according to the Solar …
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Posted on 20/01/2021

Nakheel Malls and Total in partnership for solar panel installation

Around 12,000 PV panels will be installed on the rooftops of Ibn Battuta Mall and Dragon Mart., spanning around 35,000 sqm …
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Posted on 20/01/2021

Digital Economy: UAE consumers to pivot away from cash – report

Young and digitally savvy populations across the Middle East and Africa region are key to long-term growth outlook.
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Posted on 20/01/2021

Israel-Dubai Partnership Will Launch a $100M Debt Investment Fund for Tech Companies Across the Region

Jan 20, 2021– Tel Aviv-based global fund manager Liquidity Capital and Dubai-based Vault Investments today announced an agreement to form a joint $100M Venture Debt Investment fund based in Dubai.
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Posted on 20/01/2021

The U.S. remains important in the oil market, even if Biden is less vocal than Trump: UAE energy minister

The U.S. will remain important in oil markets, even if President-elect Biden is less vocal than President Trump, says UAE Energy Minister Suhail al-Mazrouei.
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Posted on 20/01/2021

Over 66,000 Israelis visited UAE but earned bad reputation

Israelis, who landed in Dubai in droves last year after normalisation of ties between Israel and United Arab Emirates, have now become a menace for …
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Posted on 20/01/2021

UAE Covid vaccine: Drive-thru vaccination centres announced

Undertaken in collaboration with the Ministry of Health and Prevention (MoHAP), the vaccination drive will support ongoing efforts to strengthen immunity within the community and maintain health and …
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Posted on 20/01/2021

UAE-India flights for as low as Dh300 announced

The airline also recently announced a free global Covid-19 cover for all passengers travelling on its flights.
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Posted on 20/01/2021

Pakistan accords paramount importance to its long-standing ties with UAE: Qureshi

Foreign Minister Shah Mahmood Qureshi has said Pakistan accords paramount importance to its long-standing fraternal ties with the UAE. He was talking to UAE Ambassador to Pakistan Hamad Obaid Ibrahim …
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Posted on 20/01/2021

U.S. role in oil markets will ‘always’ be important: UAE energy minister

Suhail Al Mazrouei, the UAE’s energy minister, says the U.S. will continue to play a leading role in global energy markets, whether or not President-elect Joe Biden is as vocal as President Donald …
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Posted on 20/01/2021

Masdar enters strategic agreement with Emirates NBD Asset Management to provide services for UAE’s first ‘green’ REIT

Masdar, a subsidiary of Mubadala Investment Company and a pioneer in sustainable urban development, has partnered with Emirates NBD Asset Management to receive management services for the UAE’s first …
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Posted on 20/01/2021

Infinity des Lumières at The Dubai Mall gifts digital art experience

It is the largest digital facade inside The Dubai Mall and with an art projection with a total display area of 200 square metres, visitors will be treated to the concept of living, dynamic art.
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Posted on 20/01/2021

India’s Vistara to add more Sharjah flights after Dubai ‘air bubble’ blow

Vistara, the Indian private sector full-service carrier, plans to further expand its operations to the UAE with a direct daily flight to Sharjah from the Indian commercial capital Mumbai. The proposed …
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