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Month: May 2021

Posted on 07/05/2021

Pakistan considering UAE to host remaining PSL matches

The PCB’s flagship tournament was suspended after 14 games in March after seven individuals, including six players, tested positive for Covid-19 …

Posted on 07/05/2021

JP Morgan, FAB poised to win roles on IPO of Adnoc drilling unit

IPO could value Adnoc’s drilling business up to about $10 billion Dubai: Abu Dhabi National Oil Co. is close to hiring JPMorgan Chase & Co. and First Abu Dhabi Bank PJSC to help arrange the potential …
( read original story …)


Posted on 07/05/2021

Sweden’s Trustly Scraps $950 Million IPO Plans

Swedish FinTech Trustly Group is scrapping plans to raise an estimated $950 million in an initial public offering (IPO) following a review by regulators.
( read original story …)


Posted on 07/05/2021

Abu Dhabi utility powerhouse TAQA will interest conservative and aggressive investor alike

The Abu Dhabi National Energy Company (or TAQA) is the UAE’s fourth-largest listed company with a market capitalization of Dh154 billion. It had a solid first quarter due to its substantial economies …

Posted on 07/05/2021

Israeli-based firm produces solar technology in India for UAE

An Israeli-based company, Ecoppia has been producing an innovative robotic solar cleaning technology in India for a landmark project in the United …

Posted on 07/05/2021

UAE’s face recognition technology to create frictionless procedures and secure borders

In March 2020, Abu Dhabi police upgraded their patrol cars with live biometric facial recognition systems. It is also used for border checks. In Dubai, AI-driven facial recognition is being used to …
( read original story …)


Posted on 07/05/2021

Abu Dhabi’s fastest growing stock International Holding Co. to list another two subsidiaries

Dubai: Abu Dhabi’s secondary market will remain busy, with International Holding Co. – the stock that’s still zooming on ADX charts – to list another two subsidiaries. “We believe in local product and …
( read original story …)


Posted on 07/05/2021

15 years on, the global influence of Abu Dhabi’s Masdar

Abu Dhabi embarked on a journey of energy sustainability with the launch of Masdar, its flagship renewable energy company, This month, the company is celebrating 15 years of pioneering clean energy …
( read original story …)


Posted on 07/05/2021

Abu Dhabi’s IHC says to list three subsidiaries on local bourse in Q2

Three subsidiaries of International Holding Company will be listed on Abu Dhabi Securities Exchange’s second market …
( read original story …)


Posted on 07/05/2021

Up to Dh100,000 fine, jail for deliberately spreading infectious diseases in UAE

A jail sentence or a Dh10,000-Dh50,000 fine, or both, will be imposed on anyone who knows that he or she is infected, or suspects infection from a contagious disease, and yet fail …

Posted on 07/05/2021

WKND Conversation: Sharjah’s first female car mechanic Huda Al Matroushi on battling perceptions

Matroushi, who confesses she’s obsessed with ‘fixing things’, talks about her love for cars and why ‘anger’ fuels her …

Posted on 07/05/2021

UAE: Sunny to partly cloudy weather in Abu Dhabi, Dubai, Sharjah, Fujairah and other emirates, temperatures to hit 39°C

Residents can expect a warm day with mostly sunny and partly cloudy skies across the UAE. According to the National Centre of Meteorology, the weather will be “clear to partly cloudy at times with a …

Posted on 07/05/2021

UAE-Based Fathers and Kids Volunteer to Build Classrooms for Eid

Fathers And Kids Camping, a group of families from the UAE, aim to transform a community school in Zanzibar as a gift for Eid. The group was formed after a group of dads and their children went …

Posted on 07/05/2021

MITI concludes successful trade mission to Saudi Arabia, UAE

The Ministry of Trade and Industry (MITI) has concluded a successful trade and investment mission to Saudi Arabia and the United Arab …

Posted on 07/05/2021

British academic sues UAE officials over torture claims while in detention

Matthew Hedges, jailed for life and pardoned on spying charges, says there has been ‘total lack of redress’ …

Posted on 07/05/2021

Dubai luxury Property: home market soars as world’s rich flee pandemic

As vaccines roll out unevenly worldwide and waves of infections force countries to extend restrictions, foreign buyers flush with cash have flooded Du..|News Track …

Posted on 07/05/2021

Israeli firm produces solar technology in India for project in UAE

It said the Abraham accords signed between Israel and UAE have paved the way for friendships and business partnerships across the region …
( read original story …)


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