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Month: April 2021

Posted on 15/04/2021

Eight applicants interested in universal, small finance banks

UAE Exchange and Financial Services Ltd, REPCO Bank, Chaitanya India Fin Credit and Pankaj Vaish and others have sought on-tap licences for universal banks …
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Posted on 15/04/2021

Four applicants each apply for ‘on tap’ licenses to start universal banks, small finance banks

The Reserve Bank of India (RBI) on Thursday said four applicants each have applied for “on tap” licenses to start Universal Banks and Small Finance Banks in the private sector. The applicants under …
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Posted on 15/04/2021

RBI received 8 applications to set up universal, small finance banks

The Reserve Bank has received eight applications for acquiring ‘on tap’ licenses to set up universal banks and small finance banks. The RBI received four applications each to set up universal banks …
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Posted on 15/04/2021

Dubai’s retail gets boost from new mall the size of over 10 football fields

Dubai’s retail supply has just expanded with the opening of a mega shopping complex, Silicon Central, which is the size of more than 10 football fields. The latest addition, located at Dubai Silicon …
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Posted on 15/04/2021

Residential property values in top UAE markets down in 2020

With population levels in UAE’s top real estate markets, Abu Dhabi and Dubai, estimated to have declined by roughly 5% in 2020, growing levels of supply and existing vacancy levels, there has been a …
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Posted on 15/04/2021

Japan is ‘honoured’ to launch a lunar probe for the UAE in 2022 – ‘World will be watching’

JAPANESE firm iSpace will carry to the Moon the UAE’s very first lunar probe, Rashid, aiming to touch down on the lunar surface next year.
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Posted on 15/04/2021

How to apply for UAE PASS and access government services online

If you are wondering what the easiest way is to get all government work done, without stepping out, the answer is simple – UAE PASS. A smart initiative launched by the UAE government, the UAE PASS is …
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Posted on 15/04/2021

UAE’s ADNOC keen to explore hydrogen market with India’s public, private sectors

UAE’s state energy company ADNOC is keen to explore the potential of the hydrogen market with India’s private and public sectors. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced …
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Posted on 15/04/2021

‘Jetman’ parachute not deployed in fatal Dubai accident: Probe

DUBAI: Vince Reffet, the “Jetman” who died in a training accident in Dubai last year, lost control while hovering and did not deploy his emergency parachute, said the findings of an inquiry released …
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Posted on 15/04/2021

Aldar Mosques At Yas Acres And World Trade Centre Abu Dhabi Set To Welcome First Worshippers During Ramadan

Aldar Properties (“Aldar”) has announced that both Yas Acres Mosque and World Trade Centre Abu Dhabi Mosque will welcome their first worshippers during …
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Posted on 15/04/2021

Sharjah Police seize 1,863 scooters, motorbikes and bicycles for violating safety norms

Traffic campaign aimed at making roads safer and reducing accidents Sharjah: Sharjah Police confiscated 1,863 scooters, bicycles and motorbikes during the first quarter of this year as part of a …
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Posted on 15/04/2021

Sharjah records zero death from road accidents in first quarter of 2021

There has been a 35 per cent dip in serious road accidents, including zero fatality, between January and March. Data showed that 94 accidents were recorded across the emirate, as compared to 145 in …
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Posted on 15/04/2021

Sharjah’s Al Anbari lauds players’ discipline, Odisho rues Air Force Club mistakes in AFC Champions League opener

Sharjah: It was a tale of contrasting defensive performances as Sharjah FC snatched a 1-0 win over Air Force Club on Matchday One of the 2021 AFC Champions League Group B on Wednesday.
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Posted on 15/04/2021

Abu Dhabi’s IHC boosts stake in Aldar with new acquisition deal

With this deal, IHC will become a shareholder in Aldar Properties as Alpha Dhabi had bought a key stake in the Abu Dhabi developer last month. The transaction follows the IHC board meeting disclosure …
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Posted on 15/04/2021

Ambassador: UAE played part in India-Pakistan cease-fire

The United Arab Emirates played a role in getting longtime Asian rivals India and Pakistan to agree to a cease-fire amid tensions over the disputed region …
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Posted on 15/04/2021

UAE official says US in driver’s seat for stronger Iran deal

President Joe Biden’s negotiators should use leverage gained against Iran by the previous U.S. administration to reach a better nuclear deal with Tehran in talks in Vienna, the United Arab Emirates’ …
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Posted on 15/04/2021

Bloom’s 181-unit residential development in Abu Dhabi sold out in 6 hours

Aldhay is designed to become an exclusive residential community in one of the most prestigious areas in Abu Dhabi city …
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