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Month: March 2021

Posted on 17/03/2021

Biotech startup Nano Cures raises $90M ‘pre-IPO’

Nano Cures Inc., a clinical-stage biotechnology startup in Austin, announced last week a $90 million “pre-IPO” funding round that was led by a $20 million investment from Opulence Capital Management, …
( read original story …)


Posted on 17/03/2021

Saudi mall operator Arabian Centres plans $500 mln sukuk – sources

Arabian Centres, which operates 21 shopping centres across Saudi Arabia, made its debut in the international sukuk market in 2019 with a $500 million issuance, after going public …
( read original story …)


Posted on 17/03/2021

Israel and UAE Sign Agreement to Fight Terror Financing and Money Laundering

The establishment of relations between Israel and the UAE created “tremendous new economic opportunities,” but fearing that criminal and terrorist financiers may take advantage of the opportunities to …
( read original story …)


Posted on 17/03/2021

OPPO’s most innovative camera smartphones and first-ever “all-5G” Reno5 series launches in the UAE

Global technology brand, OPPO, broke new ground today by introducing 5G-only models at the grand launch of its latest Reno5 series of smartphones in the UAE. At an engaging virtual event themed …
( read original story …)


Posted on 17/03/2021

UAE leaders change social media profile photos. Here’s why

If you are an avid social media user, you would have noticed that UAE leaders and government handles have changed their display photos. His Highness Sheikh Mohammed bin Rashid Al Maktoum, …
( read original story …)


Posted on 17/03/2021

Covid-19: UAE issues strict social measures in holy month of Ramadan

UAE said residents and citizens must avoid evening gatherings and the exchanging of food to break the fast, except for members of the same household …
( read original story …)


Posted on 17/03/2021

Rumors of vaccine tourism in Dubai unfounded – for now

Despite media reports to the contrary, travel agents say there’s no such thing as vaccine tourism in Dubai right now. But, they add, that could change.
( read original story …)


Posted on 17/03/2021

Dubai rents: Monthly, short-term payment deals in demand

The pandemic has changed the lives of many people. Tenants and landlords alike are now less inclined to commit to yearly contracts.
( read original story …)


Posted on 17/03/2021

Du taps Nokia for 5G broadband network expansion in UAE

UAE-based operator du has signed a four-year 5G expansion deal with Nokia. The deployment will allow du – a unit of Emirates Integrated Telecommunications Company (EITC) – to deliver a superior …
( read original story …)


Posted on 17/03/2021

Residence Inn by Marriott debuts in the UAE with the opening of Residence Inn by Marriott Al Jaddaf

free WiFi, laundry facilities, a well-equipped gym open 24 hours a day, sauna, and steam room. Guests can relax in the rooftop pool and jacuzzi with expansive views of Dubai’s famous skyline, Dubai …
( read original story …)


Posted on 17/03/2021

Exclusive: Meet the man steering UAE’s Hope Probe to Mars

“I wasn’t sure when I was young if that would be possible because at that time the UAE as a country was not developed in space technology. We were users and operators of space technologies, but not …
( read original story …)


Posted on 17/03/2021

SUB2r raises $3.5M from Riva Technology and Entertainment

DUBAI, UAE, March 17, 2021 /PRNewswire/ — SUB2r raised $3.5 million as part of Series A investment from global investor Riva Technology and Entertainment Limited. This investment will allow SUB2r to …
( read original story …)


Posted on 17/03/2021

Dubai Airshow to be industry’s ‘most critical event’ during recovery

“The show will bring aerospace companies from all over the world and provide them with a platform to exhibit their latest technologies and solutions. The event will also highlight Dubai and the UAE’s …
( read original story …)


Posted on 17/03/2021

Dubai Islamic Bank and Codebase Technologies launch Roshan Digital Account App in Pakistan

Dubai Islamic Bank Pakistan Limited (DIBPL) announced the launch of its Roshan Digital Account platform, built in collaboration with global open API banking solution provider Codebase Technologies, to …
( read original story …)


Posted on 17/03/2021

Company heads commend UAE move to boost gender parity

Top women in UAE companies welcome the move by the UAE government mandating that at least one woman sit on the board of UAE-listed companies.
( read original story …)


Posted on 17/03/2021

Dubai stocks’ run comes to a halt as blue-chips lag

Dubai: Dubai stock market snapped five days of gains, led lower by the blue-chip banking and property shares, while its Abu Dhabi peers showed a muted performance with losses in banks capped by gains …
( read original story …)


Posted on 17/03/2021

Sharjah Heritage Days: Covid safety measures announced

precautionary measures to be implemented and visitors’ capacity capped at 3,000 and 6,000 on weekdays and weekends, respectively …
( read original story …)


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