Saudi shares reversed course to end sharply higher on Wednesday as further positive news on COVID-19 vaccine development cheered investors, while the Abu Dhabi market posted losses on a day when most …
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US unveils star-spangled pavilion for Dubai’s Expo 2020
Star-spangled and featuring a SpaceX rocket module, the US pavilion at the gigantic Expo 2020 Dubai site was handed over Wednesday less than a year before the delayed launch of the world fair. The six …
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Hong Kong, Singapore, Dubai or Nur-Sultan: Where is the Future of Asian Arbitration?
With Beijing spooking some investors in Hong Kong, other Asian cities are angling for prominence as arbitration centers.
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Overstayers happy as UAE visa amnesty scheme extended till December 31
The Federal Authority for Identity and Citizenship announced that the visa amnesty scheme has been extended until December 31, 2020 …
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Affordable real estate, not just in Abu Dhabi but also in the UK for UAE investors
Sales and rental price numbers in Abu Dhabi reflect the ongoing struggles faced by property owners during COVID-19. But this presents an opportunity, even in the UK for UAE investors looking for a …
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UAE NUCLEAR STATION
The aircraft flew out from the Merignac airbase in French port city of Bordeaux and will cover a distance of nearly 7,000 km with air-to-air refuelling and a single stop in the UAE before arriving at …
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COVID-19 speeds up Middle East banks’ technology transformation
Banks in the Middle East and around the world have been racing to catch up with the ever-evolving technological trends and the COVID-19 has accelerated the trend according to a recent study by …
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Sharjah opens park made of car parts, recyclables
Taking recycling up a notch, the Sharjah Municipality opened a park made of discarded car parts and other recyclables on Wednesday.Tyres painted in bright colours were turned into planters, while some …
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Extension of UAE Central Bank’s support scheme a confidence booster: Bankers
The initiative would shield the economy from the impact of the pandemic and place the UAE in an ideal position to recover, once the pandemic is over …
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Abu Dhabi’s ADQ eyes around $1 bln loan to back Louis Dreyfus deal – sources
DUBAI, Nov 18 (Reuters) – Abu Dhabi state-owned ADQ is in talks with banks for a loan of about $1 billion that would back its acquisition of a 45% stake in commodities trader Louis Dreyfus Co (LDC), …
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Dubai, Abu Dhabi fast becoming world’s top cities for global business
Dubai and Abu Dhabi are fast catching up to major cities in the race for the world’s top destinations for global business despite the challenges they have faced during coronavirus pandemic, a new …
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UAE summit: Jordan’s King Abdullah meets Bahrain King, Abu Dhabi Crown Prince
Jordan’s King Abdullah II has joined Bahrain and UAE leaders for a trilateral summit in Abu Dhabi on Wednesday. Bahrain’s King Hamad bin Isa Al Khalifa arrived in the UAE on Tuesday and was received …
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Get two for one meals and brunch discounts with More Cravings in Abu Dhabi
Abu Dhabi Culinary Season is here, showcasing the amazing restaurants and dishes that make the UAE capital one the best food cities in the world. As part of the campaign, More Cravings is offering …
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Abu Dhabi court tells hospital, doctor to pay patient Dh100k for medical error
An Abu Dhabi court has ordered a doctor, and the hospital he worked for, to pay Dh100,000 in compensation to a patient for damages caused to him during an operation.The patient, who was suffering from …
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Cityscape: Investors turn their sights towards UAE’s real estate sector
Favourable bank rates and dropping prices have meant that investors are once more looking to the UAE’s real estate sector, experts said at the 2020 Cityscape Real Estate Summit. The two-day event, …
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How Dubai-backed Hyperloop has created a ‘Wright Brothers’ moment
Technology’s successful test run will write a new chapter in the history of transportation, say top Hyperloop execs …
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US shows off its star-studded Expo 2020 pavillion in Dubai
The U.S. showed off a literally star-studded pavilion on Wednesday for Dubai’s upcoming Expo 2020, complete with a replica SpaceX rocket body beside …
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