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Month: October 2021

Posted on 13/10/2021

Dubai’s DP World says long time until shipping supply chain disruptions end

There is no end in sight to the shortage of shipping containers, port congestion and sky rocketing freight rates that have rattled global trade, the chairman of Dubai ports giant DP World said on …
( read original story …)


Posted on 13/10/2021

Fertiglobe sets price range for IPO, implies market cap of up to $5-$6 billion

Fertiglobe set the price range for its initial public offering on Wednesday, implying a market capitalisation of $5.5 billion to $6 billion.
( read original story …)


Posted on 13/10/2021

Fertiglobe IPO may raise as much as $827m

Fertiglobe, the joint venture between Abu Dhabi National Oil Company and Dutch fertiliser company OCI may raise as much as $827 million in an initial public offering after the company priced its …
( read original story …)


Posted on 13/10/2021

Fertiglobe sets price range for IPO, implies market cap of up to $5-$6 bln

Fertiglobe set the price range for its initial public offering on Wednesday, implying a market capitalisation of $5.5 billion to $6 billion.
( read original story …)


Posted on 13/10/2021

UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition

Digital bank Mashreq NEO, based in the United Arab Emirates, is letting residents open bank accounts with facial recognition technology.
( read original story …)


Posted on 13/10/2021

Beware of fake job offers at major events, Abu Dhabi Police warn

Fraudsters often pose as accredited event recruiters and scam unwitting jobseekers Abu Dhabi: Residents should be wary of fraudsters posting fake job offers amid the increased number of events in the …

Posted on 13/10/2021

Filipino expat in UAE recovers from partial hearing loss after delicate surgery

Fernando Jr’s was a severe case of cholesteatoma, a kind of cyst, which was infected Dubai: A Filipino expat in the UAE has recovered from partial hearing loss after suffering from a condition rare …

Posted on 13/10/2021

UAE continues to be world leader for COVID-19 vaccination rates: Officials

Health officials in the United Arab Emirates said the country continues to rank number one globally for COVID-19 vaccination rates, but urged members to …

Posted on 13/10/2021

UAE, a modern marvel of governance

A model country. That sums up the story of the UAE in the Year of the 50th. This nation has achieved so much in so short a time. The secret: inclusi …

Posted on 13/10/2021

Sheikh Mohammed approves Dhs290bn UAE general budget for 2022-2026

It includes a budget of Dhs58.931bn for 2022, of which 41.2 per cent will be allocated for the development and social benefits sector.

Posted on 13/10/2021

Expo 2020: Emirates Airlines to fly A380 at low altitude over Dubai

Dubai-based carrier Emirates has announced that it will be performing special low-altitude flights over the city’s Sheikh Zayed Road and the Expo 2020 …

Posted on 13/10/2021

Dubai: 130 wasl units gone in just 45 minutes

Taking advantage of the positive trend and mood of the investors, wasl properties has leased out 130 units across its residential portfolio in Dubai in just 45 minutes as part of its promotional drive …

Posted on 13/10/2021

Public Private Partnership: Way forward in Dubai’s efficient fiscal management

Going a step further, the Government of Dubai is working on a strategic plan to make large scale investments in both social and economic infrastructure with the participation of private investors.

Posted on 13/10/2021

For Ramesh Prabhakar of Dubai’s Rivoli, future is all in the eye

Rivoli Group is building up its ophthalmic services to its substantial eyewear interests Dubai: Ramesh Prabhakar always had the sharp eye for a business opportunity. He’s still got it.

Posted on 13/10/2021

Sharjah police warn about the accident on Sheikh Mohammed Bin Zayed Road

Sharjah: Sharjah Police reported the accident on Wednesday and advised motorists to take alternative routes to avoid delays. The accident took place on Sheikh Mohammed Bin Zayed Road heading towards …

Posted on 13/10/2021

Abu Dhabi Summer Shopping & Dining Season sees consumer retail spending jump by 56%

Shopping & Dining Season sees consumer retail spending jump by 56%: Abu Dhabi, UAE: This year’s Abu Dhabi Summer S …

Posted on 13/10/2021

Abu Dhabi to open AI research centre to drive high-tech innovation

Abu Dhabi is to launch a dedicated artificial intelligence research centre to help cement the UAE’s growing status as a global centre for technological innovation. The state-of-the-art complex will be …

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