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Month: February 2021

Posted on 24/02/2021

MIDEAST STOCKS-Most Gulf markets close lower; Dubai declines 1.5%

Gulf markets ended in the red on Wednesday, with the Dubai index .DFMGI losing more than 1.5% – its biggest daily percentage loss since Jan. 31 – although Egypt bucked the trend and rose. In Dubai, …
( read original story …)


Posted on 24/02/2021

Dubai schools get 7,300 new students in 3 months

New data also showed that 25 per cent of university students have come to Dubai specifically to undergo education …
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Posted on 24/02/2021

Covid-19: Dubai students may be asked to take ‘mini exams’ for GCSE, A-level grades

Dubai students taking their GCSE and A-levels could be asked to take ‘mini-exams’ to help determine their grades. Summer GCSE and A-level exams have already been cancelled in the UK due to the impact …
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Posted on 24/02/2021

Timely response

Al-Futtaim Tashafi Drive-thru Testing Centres launch to cater to the rising need for Covid-19 PCR express tests …
( read original story …)


Posted on 24/02/2021

Why e-commerce will not spell the end of the UAE’s shopping malls

The rise in e-commerce, which has been accelerated hugely by the ongoing global coronavirus pandemic, has presented the region’s shopping malls with an opportunity to reinvent themselves. Online …
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Posted on 24/02/2021

Who has to take PCR tests every 2 weeks in Sharjah?

The Sharjah Municipality announced earlier today that workers at food establishments must take a PCR Covid test every two weeks.A top official has clairified to Khaleej Times exactly who need to take …
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Posted on 24/02/2021

Tawazun to manage procurement for UAE Armed Forces, Abu Dhabi Police

The economic council will be in charge of awarding projects and contracts, quality assurance, among other responsibilities.
( read original story …)


Posted on 24/02/2021

Occidental ‘highly encouraged’ by new Abu Dhabi onshore discovery

US independent Occidental Petroleum has made a hydrocarbon discovery in Abu Dhabi’s Onshore Block 3 that was awarded to the operator in 2019 as a part of the Emirate’s first ever licensing round.
( read original story …)


Posted on 24/02/2021

UAE establishes executive office to combat money laundering and terrorist financing

Hamid Al Zaabi has been officially appointed as the Director-General of the Executive Office of the UAE, which will report directly to the Higher Committee overseeing the UAE’s National AML/CFT …
( read original story …)


Posted on 24/02/2021

UAE: New AI-powered Covid test gives results in 5 minutes

Unlike PCR tests, samples are collected using a nasal swab from just one inch into the nostril on both sides, causing neither discomfort nor pain.
( read original story …)


Posted on 24/02/2021

UAE Tour stage 4: Sam Bennett beats back rivals for inaugural win of 2021

Sam Bennett (Deceuninck-Quick-Step) dashed to his first victory in 2021 in a bunch sprint Wednesday in stage 4 at the UAE Tour. Last year’s green jersey winner at the Tour de France came off a solid …
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Posted on 24/02/2021

Dubai South Properties unveils new 268-unit residential development

Master-developer Dubai South Properties has announced the launch of ‘The Pulse Villas’, which constitutes the second phase of The Pulse development, the heartbeat of Dubai South’s Residential District …
( read original story …)


Posted on 24/02/2021

Now, rent a jetty for your yacht in Dubai for 30 minutes

Owners of yachts and cruise boats in Dubai may now rent the jetties of the Roads and Transport Authority (RTA) for 30 minutes, an hour, or a day from 6am to 11pm.Available at 28 berths across Dubai, …
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Posted on 24/02/2021

Citizenship law will spice up UAE’s realty sector

The amendment of the Nationality Law represents a new attested initiative to attract investors, skilled individuals, and talented people of high …
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Posted on 24/02/2021

Ellington Properties Wins International Property Award for Exceptional Design

Ellington Properties, Dubai’s design-led property developer, has won this year’s International Property Awards 2020-21 for delivering elegant and impecc …
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Posted on 24/02/2021

Sharjah Media City (Shams) Signs a Memorandum of Understanding With Sharjah Women’s Sports

Sharjah Media City (Shams) signed a memorandum of understanding with Sharjah Women’s Sports with the aim of enhancing communication and cooperation betw …
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Posted on 24/02/2021

Egypt’s Banque du Caire eyes slimmed-down IPO post-Covid

Banque du Caire was on the cusp of completing a $500 million listing in London and Cairo last year when Covid hit. Its chairman Tarek Fayed talks to Euromoney about investing in people and digital – …
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