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Month: April 2021

Posted on 12/04/2021

Abu Dhabi’s ADNOC, Dutch-listed OCI weigh IPO of fertiliser joint venture

Abu Dhabi National Oil Company (ADNOC) and chemical producer OCI N.V. (OCI), which is backed by Egyptian businessman Nassef Sawiris, are weighing an initial public offering of their fertiliser joint …
( read original story …)


Posted on 12/04/2021

Penspen wins onshore Abu Dhabi well work

DEAL-MAKER: Penspen is one of many energy services firms now also plying their trade outside of the north-east Penspen has won a four-year contract to procure and construct flowlines and wellheads for …
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Posted on 12/04/2021

UAE’s first Emirati astronauts pay tribute to first man in space

Hazza Al Mansoori and Sultan Al Neyadi honoured Yuri Gagarin to mark the 60th anniversary of his journey to space.
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Posted on 12/04/2021

Lulu’s Yusuff Ali back in UAE after helicopter emergency landing in India

Indian business tycoon M.A. Yusuff Ali has returned to the UAE following a helicopter mishap in the south Indian state of Kerala. Yusuff Ali, chairman and managing director of UAE-based Lulu Group …
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Posted on 12/04/2021

UAE weather alert: Rains forecast

Ramadan 2021: Fasting in UAE to last over 14 hours, says NCM “Fair to partly cloudy and hazy at times, and low clouds will appear Eastward by morning with a probability of some convective clouds …
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Posted on 12/04/2021

UAE HR firm Reach acquires Saudi counterpart, taps $20m from NBK Capital Partners

Dubai: A Dubai-based HR consultancy Reach Group is acquiring a Saudi firm, and financing it through a $20 million facility from Kuwait’s NBK Capital Partners. Reach focuses on supplying skilled and …
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Posted on 12/04/2021

Cruise strikes deal to launch robotaxi service in Dubai

The autonomous vehicle subsidiary of GM that also has backing from SoftBank Vision Fund, Microsoft and Honda, has struck a deal to launch a robotaxi service in Dubai in 2023. The robotaxi service …
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Posted on 12/04/2021

Cruise is bringing its driverless robotaxis to Dubai in 2023

Cruise, the autonomous vehicle company backed by General Motors and Honda, will launch its first international robotaxi service in Dubai in 2023. The news was announced early Monday by Dubai’s crown …
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Posted on 12/04/2021

UPDATE 1-Abu Dhabi’s ADNOC, Dutch-listed OCI weigh IPO of fertiliser joint venture -sources

The business is expected to be next in line for a listing, after ADNOC completes the IPO of its drilling business … and merchant ammonia at four subsidiaries in Egypt, the United Arab Emirates and …
( read original story …)


Posted on 12/04/2021

Dubai restaurants do not require to screen off dining areas during Ramadan fasting hours

Recently issued guidelines by the Dubai Municipality added that food outlets should stop taking food orders by 3am during the holy month. The guidelines, based on the recommendations of Dubai’s …
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Posted on 12/04/2021

Dubai Health Authority announces Ramadan timings

and those at Mall of the Emirates and Deira City Centre will be open from 9:00 to 15:00. As for COVID-19 assessment centres, Al Badaa; Al Khawaneej; and the Dubai Municipality health centres will …
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Posted on 12/04/2021

Dubai: Cool things to do to beat the summer heat

As you reach the third floor of The Dubai Mall, you will get to see around 140 species of sea life, then you can also stroll through the 48 m tunnel, and watch stingrays and sand tiger sharks …
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Posted on 12/04/2021

UAE Ramadan Taraweeh: Isha to be offered 5 minutes after Azan

Last year, the faithful had offered the prayers at home as mosques remained closed as a Covid safety measure. The maximum duration of Isha and Taraweeh prayers in mosques is capped at 30 minutes.
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Posted on 12/04/2021

UAE residents’ alert: Dubai Police to conduct major mock drill today

Dubai Police has announced that it will conduct a mock drill today at 9am. According to a tweet, the mock drill will be conducted at the Expo Area and Al Maktoum International Airport on Monday …
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Posted on 12/04/2021

Ramadan 2021: How Dubai plans to battle rumours this year

Dubai Municipality on Monday issued an advisory to help residents battle rumours related to Ramadan this year. ALSO READ: >> Ramadan 2021: Fasting in UAE to last over 14 hours, says NCM >> Ramadan …
( read original story …)


Posted on 12/04/2021

Alabbar to head UAE’s first digital bank

He said the UAE combines progressive regulations with commercial, financial, and technology hubs, which provides the perfect environment for a world-leading digital bank that can be launched in the …
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Posted on 12/04/2021

Abu Dhabi food giant Agthia plans to be No. 1 in Middle East by 2025

Agthia wants to acquire companies that are market leaders in their categories Dubai: There will be more acquisitions from Abu Dhabi food and water company Agthia as part of a plan to expand into …
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