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Month: July 2021

Posted on 06/07/2021

COVID-19: 4 shops, including gym, shut down in Dubai for flouting rules

Dubai Municipality discovered shops that did not adhere to social distancing, face masks Dubai: Authorities have shut down four establishments for breaking COVID-19 precautionary measures in the …

Posted on 06/07/2021

How government reforms are leading Dubai’s real estate recovery

Alexander Davies, chief commercial officer, Dubai Holding Real Estate, revealed they are ‘cautiously optimistic’ about the future amid strong sales for various developments …

Posted on 06/07/2021

The world’s first Warner Bros. hotel to open in Abu Dhabi this year

Abu Dhabi real estate development company Miral along with Warner Bros. Themed Entertainment announced this week that the construction on the WB Abu Dhabi hotel is now 90 per cent complete. Being …
( read original story …)


Posted on 06/07/2021

Abu Dhabi’s Masdar wins tender to build $174m 200MW solar plant in Armenia

Dubai: Abu Dhabi’s clean energy company Masdar has been picked by Armenia to build a $174 million utility-scale solar project in the country. This comes after an international tender, with Masdar …
( read original story …)


Posted on 06/07/2021

Good use of technology should not replace in-class teaching, says GEMS founder Sunny Varkey

Home schooling has relied heavily on such platforms, and there have been interesting thoughts from various quarters as to whether these technologies might eventually replace the need for physical …
( read original story …)


Posted on 06/07/2021

Emirate of Sharjah gives initial guidance for 10-year dollar sukuk – document

The Emirate of Sharjah has given initial price guidance of around 3.5% for an issuance of 10-year U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Tuesday.
( read original story …)


Posted on 06/07/2021

The Engine Behind Nasdaq Dubai’s New Growth Market: A Guide For Dubai’s SME Sector

The benefits of listing include a reduced dependence on bank funding, a higher degree of diversification of investors, easier access to additional equity capital and debt finance, and a higher public …
( read original story …)


Posted on 06/07/2021

Covid in UAE: Abu Dhabi updates home quarantine rules

Abu Dhabi Emergency, Crisis and Disasters Committee, in collaboration with Abu Dhabi Public Health Center, has updated the home quarantine guidelines for those in contact with a positive case, to …

Posted on 06/07/2021

Covid-19: Abu Dhabi updates home quarantine protocols

Those in contact with a positive case and registered in the home quarantine programme can conduct a free walk-in PCR test and remove the wristband at designated healthcare locations.

Posted on 06/07/2021

COVID-19: New home quarantine rules announced in Abu Dhabi

Vaccinated people in touch with positive case must be home for 7 days, take test on day 6 Abu Dhabi: The Abu Dhabi Emergency, Crisis and Disasters Committee, in collaboration with Abu Dhabi Public …

Posted on 06/07/2021

UAE resident loses Dh75,000 in exchange for fake dollars in Dubai

Victim was lured by post on Instagram about selling and buying of dollars Dubai: Two people have been accused of exchanging fake dollars to dupe a Dubai resident out of Dh75,000. The Dubai Court of …

Posted on 06/07/2021

Business Bay reports 17,893 operating companies in 2021 – Dubai Economy

A report by the Business Registration and Licencing (BRL) sector of Dubai Economy shows that the number of operating businesses in Business Bay has reached 17,893. Of these, 69 per cent, or 12,352, …

Posted on 06/07/2021

The Department of Economic Development in Dubai honors Eros Group for Excellence in Customer Service

Most recently, and more importantly, the Awards have been instrumental in enabling businesses to adopt to disruptive changes and sustain growth post COVID …

Posted on 06/07/2021

Explained: What UAE’s Hope orbiter tells us about discrete auroras on Mars

The Hope Probe, the Arab world’s first mission to Mars, took off from Earth in July last year, and has been orbiting the Red Planet since February. The primary objective of the mission is to study …
( read original story …)


Posted on 06/07/2021

HMS Networks acquires a majority of Owasys Advanced Wireless Devices

S Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ), has on July 1st, 2021 acquired 60% of all shares in the Spanish company …
( read original story …)


Posted on 06/07/2021

Sharjah returns to debt markets with dollar sukuk offering

DUBAI – The Emirate of Sharjah has hired banks to arrange an issuance of 10-year U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Monday, the latest Gulf sovereign to tap the …

Posted on 06/07/2021

British influencer flees Dubai after claims she was soliciting for sex

A British influencer caught up in a sex work probe by police has vowed to fight to clear her name as her grandmother insists: “She’s done nothing wrong.” …

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