DUBAI- Kuwait Finance House on Thursday reported a 22% drop in fourth-quarter net profit and a 40.9% drop in 2020 net profit, blaming the annual fall on a sharp slide in investment income and a rise …
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Covid-19: Dubai shuts 4 shisha cafes, other outlets for violations
As the UAE continues to witness a surge in daily Covid infections, Dubai continues to ramp up its campaign against violators of mandatory precautionary measures.ALSO READ:>> What to do if you spot …
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How Deliveroo ‘saved’ F&B outlets in Dubai during coronavirus crisis
Samer Hamadeh, founder of Aegis Hospitality, says his Dubai-based Akiba Dori restaurant wouldn’t be here today without the delivery giant …
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WATCH: Chris Gayle goes nuts in Abu Dhabi T10 league with 84 from 22 balls
Chris Gayle might be 41 years old – but he’s still as damaging as ever. ‘The Universe Boss’ hasn’t been seen on Australian shores in a few years, after his controversial exit from the Big Bash League …
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UAE plays vital role in Covid-19 vaccine distribution
The UAE has cemented its position as a global logistics hub to facilitate regional and global distribution of the Covid-19 vaccine with the launch …
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Saudi, UAE hold ‘public and private’ meetings with Turkey in foreign policy reboot
The move, which comes just as U.S. President Joe Biden takes office, signals a reboot in foreign policy for the Gulf monarchies as they brace for a new …
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Villas set to lead price rebound in Abu Dhabi property market in 2021
ValuStrat research says market sentiment is expected to pick up and could head towards bottoming out this year …
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Solar power and blockchain: BMW and Rio Tinto make major moves on sustainable aluminium
BMW has announced plans to begin sourcing aluminium produced using solar-powered manufacturing, in the same week that Rio Tinto launched a new blockchain-based sustainability standard for the material …
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Choosing a Right Free Zone in the UAE is a Strategic Decision in 2021
In 2021, a new enthusiasm is seen in the landscape of business setup in Dubai, driven by factors such as EXPO 2020, peace accord with …
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UAE’s healthcare sector needs to stick with digital even after COVID-19
Harnessing digital healthcare technologies and data tools has served not only to innovate incredible COVID-19 solutions, but expedite the adoption of Fourth Industrial Revolution solutions in the UAE.
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Sharjah: Two Filipinas suffocated as fire erupts in their partitioned apartment
Two Filipinas suffered suffocation in a fire that broke out in their cramped, partitioned apartment in Sharjah’s Tawoon area on Thursday morning.The blaze started in the flat’s kitchen, the Sharjah …
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Starzplay secures $25mln financing from UAE’s Ruya Partners; eyes 2024 IPO
Regional Subscription Video On Demand (SVOD) service, Starzplay, has secured $25 million (AED 92 million) from Abu Dhabi-based Ruya Partners. The funding will be used to expand its geographic and …
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Dubai rejects ‘superspreader’ label as restrictions tighten and countries lay blame
“What has happened in Dubai did not need to happen,” an immunology professor told CNBC. “They have brought the virus in.” …
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H.H. Sheikh Mohammed Bin Rashid Al Maktoum Launches The Invest In Dubai Platform To Make Dubai “The Best And Easiest City To Invest And Do Business”
The “Invest in Dubai” platform was developed by Smart Dubai and the Dubai Department of Economic Development, under the supervision of the General Secretariat of The Executive Council of Dubai.
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The remedy cannot be worse than the ailment, says Dubai Health Authority
The Dubai Health Authority defends its pandemic response strategy after a recent run-up in cases. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC …
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US-UAE space cooperation a ‘win-win’, says Business Council president
Danny Sebright says increased collaboration in space exploration is likely to create business opportunities for US firms in the UAE …
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Sharjah rental dispute committees to be revamped following royal decree
Revamp will see the establishment of eight committees to settle rental disputes, two appeal committees and five execution departments …
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