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Month: March 2021

Posted on 19/03/2021

Dubai cloud kitchen Kitopi seeks up to $200 mln funds for expansion in Asia: Sources

Kitopi, a Dubai-based shared kitchen platform for online food delivery, is looking to raise between $150 million to $200 million in a new round of …
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Posted on 19/03/2021

Dubai Tennis: Harris becomes first qualifier to reach semifinals

Lloyd Harris has been living quite the dream so far and the South African continued that, becoming the first qualifier in tournament history to make it to the semifinals of the ATP Dubai Duty Free …
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Posted on 18/03/2021

UAE’s Hope spacecraft at Mars spies solar system’s tallest volcano (photo)

The United Arab Emirates’ (UAE) first-ever Mars spacecraft captured its most stunning image yet of the Red Planet as the probe continues preparing to begin its science observations in earnest. The …
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Posted on 18/03/2021

DEWA commissions $153m 400/132kV substation at Mohammed bin Rashid Al Maktoum Solar Park

Dubai Electricity and Water Authority (DEWA) has announced that it has commissioned a new 400/132kV substation at the Mohammed bin Rashid Al Maktoum Solar Park. In a statement, DEWA said that the …
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Posted on 18/03/2021

Sharjah Ruler allocates building for marine sports

His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has ordered the allocation of a building for marine sports in Al Hamriyah Cultural and Sports …
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Posted on 18/03/2021

UAE economy to grow 2.5% in 2021 after shrinking 5.8% last year

A general view of Business Bay area, after a curfew was imposed to prevent the spread of the coronavirus disease in Dubai (file). The UAE economy contracted 5.8% last year but is likely to post 2.5% …
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Posted on 18/03/2021

UAE economy to witness full recovery by 2022

The UAE will have a full recovery in 2022 while pivoting to positive growth this year after recording a deep contraction in 2020, the Central Bank of the UAE said on Thursday. The road to full …
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Posted on 18/03/2021

UAE economy forecast to ‘fully recover’ in 2022 with 3.5% GDP growth

New UAE Central Bank report says economy will be buoyed by increasing fiscal spending, a pick-up in credit and employment and Expo 2020 Dubai UAE economic growth is forecast to recover fully from the …
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Posted on 18/03/2021

Full UAE recovery in 2022: Central Bank

The UAE will have a full recovery in 2022 while pivoting to positive growth this year after recording a deep contraction in 2020, the Central Bank of the UAE said on Thursday. The road to full …
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Posted on 18/03/2021

Development of Wireless Product Offerings Drives Growth Opportunities in the Mobile Phone Accessories Market: FMI Study

Participants in the mobile phone accessories market are investing in the development and production of cloud-enabled products to leverage increased global internet penetration. DUBAI, UAE / ACCESSWIRE …
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Posted on 18/03/2021

Dubai rated safest place in world for business travellers, new survey shows

Dubai Global Events Re-opening Forum hears the secret to the emirate’s success in bouncing back from pandemic lockdown …
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Posted on 18/03/2021

UAE suspends Abu Dhabi Israel summit as frustration with Netanyahu grows

The summit was scheduled to take place in April in Abu Dhabi, with US Secretary of State Antony Blinken set to be in attendance. Officials from Sudan and Israel were also going to take part in a …
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Posted on 18/03/2021

UAE reduces contact with Israel in election row

Netanyahu’s attempt to involve Emiratis in re-election campaign sparks first diplomatic crisis since normalisation of relations …
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Posted on 18/03/2021

UAE: Upcoming assembly polls revive NRI vote debate

We follow the news closely, make frequent trips, remit in large amounts, and eventually most of the expatriates here return to India,” said M Sakir, a long-time resident of the UAE. “If I have some …
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Posted on 18/03/2021

World Sleep Day: UAE witnesses upsurge in sleep disorders since pandemic

Sleep experts and doctors have said many people suffer from different sleep problems with resultant poor-quality sleep in the UAE. “Roughly 10 per cent of the UAE population has serious sleep issues …
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Posted on 18/03/2021

Exclusive: Friendship will be the winner in UAE-Israel rugby match, says Perelini

The result will cry for relevance when the UAE and Israel rugby sevens teams lock horns to put a smile on millions of faces around the world.Following the historic peace deal between the two countries …
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Posted on 18/03/2021

UAE economy to grow 2.5% in 2021 after shrinking 5.8% last year -c.bank

The United Arab Emirates economy contracted 5.8% last year but is likely to post 2.5% growth this year, the UAE central bank said in a report on Thursday. DUBAI, March 18 (Reuters) – The United Arab …
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