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Month: February 2022

Posted on 15/02/2022

UAE’s small businesses can be given priority lending support

The UAE’s need to alleviate this problem is clearly … However, apart from recently reinvigorating the Emirates Development Bank and directing it to support SMEs, little else is evident on …
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Posted on 15/02/2022

UAE banks to benefit from planned interest rates increase by US Fed, S&P says

UAE banks are expected to benefit from the planned increase in interest rates by the US Federal Reserve due to higher profitability, according to a report from S&P Global Ratings. The Central Bank of …
( read original story …)


Posted on 15/02/2022

The Lighthouse, Nakheel Mall

If you consider yourself a rail buff (or just a fan of that one episode of The Simpsons), you’ll no doubt love visits to Nakheel Mall as it’s the perfect excuse to check out the monorail. And this …
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Posted on 15/02/2022

Sharjah eases virus curbs, allows full capacity at weddings, funerals

The Sharjah’s Emergency, Crisis and Disaster Management committee has approved the implementation of the gradual lifting of capacity restrictions for all activities and events in the emirate. In line …

Posted on 15/02/2022

UAE: Sharjah schools banned from making teachers do admin tasks

Private schools in Sharjah have been banned from making teachers carry out administrative work on top of holding classes and keeping track of students’ learning progress. The Sharjah Private Education …

Posted on 15/02/2022

UAE’s Tabreed looks at expansion in Egypt, Gulf – CEO

Feb 15 (Reuters) – Dubai-listed National Central Cooling Company PJSC (Tabreed) (TABR.DU) is considering an acquisition in Oman and expanding into Egyptian and other Gulf markets, its CEO Khalid …

Posted on 15/02/2022

‘The future belongs to those who can imagine it’ – Sheikh Mohammed’s quotes on Dubai’s Museum of the Future inspires beholders

Dubai Ruler’s inspirational quotes adorn the unique landmark in Arabic calligraphy Emirati artist Mattar bin Lahej is behind the Arabic calligraphy fonts representing the quotes of Sheikh …

Posted on 15/02/2022

Nasdaq Dubai welcomes listing of $750 million Sukuk by Dubai Islamic Bank

Nasdaq Dubai on Tuesday welcomed the listing of a $750 million Sukuk by Dubai Islamic Bank (DIB). The 5-year new Sukuk issuance is part of Dubai Islamic Bank’s (DIB) $7.5 billion Sukuk Programme. The …

Posted on 15/02/2022

Dubai Hills Mall to enhance consumer shopping experience

Dubai Hills Estate, a first of its kind destination and master development of Emaar, has announced the upcoming opening of its eagerly anticipated Dubai Hills Mall, the new shopping, dining and …

Posted on 15/02/2022

Abu Dhabi’s Adnoc, Borealis Consider IPO of Borouge Venture

Abu Dhabi National Oil Co. and Borealis AG are considering an initial public offering of a minority stake in their plastics joint venture Borouge. The partner companies will provide further updates …
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Posted on 15/02/2022

Abu Dhabi unveils new platform to support SMEs

Twenty-five government and private entities have joined forces to launch a new platform to support micro, small and medium enterprises (mSMEs) in Abu Dhabi. These include the Abu Dhabi Department of …
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Posted on 15/02/2022

Abu Dhabi: Brave Emirati girl successfully fights rare type of cancer

An Emirati schoolgirl has successfully fought a rare and aggressive form of cancer thanks to world-class care and treatment received at Sheikh Khalifa Medical City, part of Abu Dhabi Health Services …
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Posted on 15/02/2022

Half-term school break 2022: 7 things to do with the family in Abu Dhabi

Art and adventure beckons families this week in Abu Dhabi. Whether you want to brush up on your history lesson or just enroll the kids in a workshop, here’s a look at your options when you are …
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Posted on 15/02/2022

Covid-19: Sharjah eases restrictions as new rules go into effect

UAE to lift capacity restrictions from today; all you need to know. The Emirate’s local emergency, crisis and disaster management team on Tuesday said restrictions would be eased at tourist …
( read original story …)


Posted on 15/02/2022

Dubai’s Damac cites Covid uncertainty as net losses exceed $144m in 2021

Dubai-based developer Damac Properties on Tuesday announced net losses of AED531 million ($144.5 million) in 2021 as the uncertainty surrounding Covid-19 continued to impact its business. In a filing …
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Posted on 15/02/2022

UAE sovereign wealth funds with combined assets of $1.4 trillion top GCC

Abu Dhabi Investment Authority ranked fourth globally witth $697.86 billion Abu Dhabi Investment Authority (ADIA) building. Adia is ranked fourth in the global ranking with an estimated assets of …
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Posted on 15/02/2022

Govt, private entities take part in Innovation Month in Sharjah

Sharjah24: The UAE Innovation Month in Sharjah activities kicked off Monday at the Sharjah University’s Men’s College with the participation of a number of government and private institutions as well …

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