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Month: January 2021

Posted on 18/01/2021

UAE visa exemption to be delayed due to high COVID infection rates

The almost five month delay comes as Israeli officials discuss further restrictions on flights into and out of the country.
( read original story …)


Posted on 18/01/2021

92% of UAE Service Professionals Say Pandemic Exposed Technology Gaps

As the serial crises of 2020 redefine customer engagement, while 92% of service professionals in the UAE say the pandemic exposed technology gaps, custo …
( read original story …)


Posted on 18/01/2021

Dubai to modify Expo 2020 legacy plan after coronavirus delay

Dubai is hoping one of the world’s fastest vaccination programs and rapid testing technology will help achieve its goal of holding the Expo 2020 event this year, after the coronavirus pandemic forced …
( read original story …)


Posted on 18/01/2021

UAE: Compulsory Covid tests every 7 days for more employees

Employees of outsourced and public services companies contracted by UAE federal government entities must conduct a PCR test every seven days. The test is compulsory for employees working on a …
( read original story …)


Posted on 18/01/2021

UAE: Boy without licence crashes car, dad to pay compensation

Civil Court has ordered an Arab man to pay Dh2,500 to another Gulf national as compensation for the damage his minor son caused to the plaintiff’s car. Court records showed the complainant moved the …
( read original story …)


Posted on 18/01/2021

Dubai’s Property Glut Could Mean Two More Years of Price Drop

Dubai home prices will likely extend declines this year and next as the market works to clear an oversupply that’s been a drag on values since 2014, according to property broker JLL.
( read original story …)


Posted on 18/01/2021

Dubai tops LEED GCC rankings

Not only is Dubai home to a high concentration of LEED-compliant commercial properties, but also features 804 LEED-certified homes. This means that the emirate actually has a combined area of more …
( read original story …)


Posted on 18/01/2021

Sharjah: 60% accidents caused by tailgating

About 60 per cent of minor accidents reported in Sharjah were caused by failure to leave space between vehicles — a practice known as tailgating. The emirate reported 24,400 minor traffic accidents in …
( read original story …)


Posted on 18/01/2021

Lender FAB buoys Abu Dhabi as most major Gulf markets rise

Most major stock markets in the Gulf traded higher early on Monday, with the Abu Dhabi index leading the gains boosted by its top lender First Abu Dhabi Bank.
( read original story …)


Posted on 18/01/2021

Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO – sources

Saudi Basic Industries Corp (SABIC) has hired NCB Capital to advise on a potential listing of its speciality chemicals business, an offering that could raise several hundred million dollars, three …
( read original story …)


Posted on 18/01/2021

Dubai’s Al Mal Capital property fund sets upper limit on non-UAE investments

Investments in projects under development will never exceed the 25 per cent mark, according to the Dubai real estate fund operator Al Mal Capital REIT. Nor will the fund breach the 25 per cent mark …
( read original story …)


Posted on 18/01/2021

After Saudi Arabia, UAE could seek early repayment of loan to Pakistan

The UAE hasn’t indicated whether it will extend a $1 billion loan – part of the $3 billion package – that will become payable on January 24, The Express Tribune newspaper reported, citing sources in …
( read original story …)


Posted on 18/01/2021

Cryptocurrency is digital gold

Gold replacement, hedge instrument and unparalleled medium of exchange; Bitcoin’s meteoric rise through the eyes of Arab ‘whale’ Khurram Shroff.
( read original story …)


Posted on 18/01/2021

UAE shows ‘resilience’ as real estate market sees signs of recovery – JLL

Real estate consultants say UAE has proved its ‘resilience, growth, competitiveness and liveability’ amid ongoing coronavirus crisis …
( read original story …)


Posted on 18/01/2021

UAE: 18 shops shut in Dubai for violating Covid rules

Authorities in Dubai are continuing to ramp up Covid safety inspections, as the UAE continued to record its highest numbers of new Covid cases yet this week. As many as 18 establishments were ordered …
( read original story …)


Posted on 18/01/2021

Reportage Properties working on 10 major projects in UAE

Reportage Properties said work is currently under way on 10 key projects which will add about 4,000 new housing units into the UAE real estate market. Of these, six are in Abu Dhabi and rest in Dubai.
( read original story …)


Posted on 18/01/2021

Anantara Eastern Mangroves Abu Dhabi Hotel appoints new executive sous chef

Anantara Eastern Mangroves Abu Dhabi Hotel has appointed Federico Sanna to the role … and will now work alongside executive chef Idin Asmitha in leading the culinary team at his new property. Sanna …
( read original story …)


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