The organizers of Oktoberfest, Munich’s heralded and raucous annual beer festival, have sought to reassure distraught Germans by dismissing rumors that the event will move to Dubai.
Dubai’s DMCC signed up 216 new businesses in April, it’s highest in 7-years
“Despite the global economic situation, DMCC has continued to attract a broad range of entrepreneurs, SMEs and larger multinationals to Dubai,” said the company in a statement. The strong growth …
Dubai Police arrest 177 beggars since beginning of Ramadan
The Dubai Police have arrested 177 beggars since the beginning of the holy month of Ramadan. A top official said beggars also double up as thieves and pickpockets. “Begging poses a serious threat to …
Bank of Sharjah Group reports Dh666 million consolidated net loss
Consolidated loss stems from application of hyperinflation effect on Lebanese subsidiary Dubai: Bank of Sharjah Group reported a consolidated net loss of Dh666 million for 2020 after making …
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UAE: 3 ways how women-led businesses financially survived COVID-19
UAE: I’m 40 years old and have saved no money. How can I retire at 65? Dubai: By launching alternative revenue streams, evaluating finances to manage cash flow, injecting personal funds into their …
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Dubai Investments report net profits of Dh123.8m in first quarter
Dubai: Total income increased to Dh637.6 million compared to Dh464.8 million in the first quarter of 2020, on the back of strong performances led by the manufacturing, services and investments …
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Dubai Customs Confirms Keenness To Boost Cooperation With Federal Government To Develop Foreign Trade
His Excellency Dr. Thani Ahmed Al Zeyoudi, Minister of State for Foreign Trade visited Dubai Customs to learn more about their latest projects and initi …
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Dubai-based start-up Black and Blanc aiming for ambitious growth
Brand specialises in prestigious flower arrangements, which are inspired by the passion for floristry, interior design and well-known French fashion houses …
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UAE’s flydubai reports $194 million loss for 2020
United Arab Emirates carrier flydubai swung to a loss of 712.6 million dirhams ($194 million) last year, hit by a plunge in passenger traffic as a result of the coronavirus pandemic, it said on Sunday …
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Abu Dhabi’s TAQA completes $1.5bln 7-year and 30-year dual-tranche bond offering
The 30-year tranche is Taqa’s first Formosa issuance dual-listed in Taipei and London to tap into Taiwanese demand …
UAE economy shrank 6.1% last year amid COVID-19 crisis -preliminary data
The United Arab Emirates’ economy shrank 6.1% last year, the country’s statistics centre said on Sunday citing preliminary data, as the coronavirus crisis hit several key sectors. “The country’s …
UAE reports 1,847 new COVID-19 cases and two deaths in 24 hours
The United Arab Emirates has reported 1,847 new COVID-19 cases and two virus-related deaths in the last 24 hours, according to the Ministry of Health and …
Suppliers of oxygen concentrators in the UAE run out of stock following huge demand by Indian expats
Dubai: Following the Indian government’s green signal for the import of oxygen concentrators, there has been a mad rush among Indian expatriates to send this unique oxygen filtering device to their …
Dubai property trends: Q1 shows record sales over improved investor confidence
The Dubai real-estate market recorded a high number of home and office sales transactions in the first quarter of 2021, according to a report by ValuStrat. “A positive trend which commenced [during …
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du Launches New Home Wireless Plan For Customers To Avail Unlimited Instant Internet
Emirates Integrated Telecommunications Company (EITC), has announced the launch its new Home Wireless Plan. The du Home Wireless Plan, which wi …
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NutsArabia: The fastest growing nuts business in the UAE that’s digital
Dubai: The Dubai based brand, NutsArabia.com, is now the fastest growing online platform in the country, accompanied by the tagline ‘Nothing Like Us, in Arabia,’ has acquired consumers and corporates …
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Dubai realty sector attracts new investors despite Covid-19 challenges
The widespread vaccination centres helped the economy to recover at a faster pace The Dubai realty sector is on solid growth track and is attracting more investors amid robust investing environment …
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