A member of Abu Dhabi’s royal family has agreed to a deal to buy English soccer club Derby, the second-division team where Wayne Rooney plays. Derby said Friday The purchase of the club is “expected …
( read original story …)
Derby takeover: UK£60m sale to Abu Dhabi royal agreed ‘in principle’
Transaction expected to close ‘very soon’ as EFL approves Derventio Holdings as Championship club’s new owner.
( read original story …)
Comments To The Abu Dhabi Global Market’s Electronic Transactions Regulations
The Abu Dhabi Global Market recently released the Electronic Transactions Regulations to recognize the use of electronic signatures, contracts and records.
( read original story …)
12-year-old British girl to launch debut novel at Sharjah Book Fair
Sharjah: A 12-year old British girl, who has been fascinated with stories of space adventures at a young age, will launch her debut novel at the 39th Sharjah International Book Fair on Saturday. Kande …
( read original story …)
Derby County confirm Abu Dhabi royal Sheikh Khaled is on verge of completing £60m takeover
The proposed £60million deal from Sheikh Khaled would bring to an end current owner Mel Morris’ five-year reign, though he would be expected to stay on as a consultant.
( read original story …)
Dubai College of Tourism to enhance technology and digital training
Dubai College of Tourism (DCT) has announced a partnership with Udacity, a global online technical skills training provider that prepares workforces for careers using advanced technology. Through the …
( read original story …)
COVID-19: 20 shops in Dubai warned for not posting social distancing stickers
Dubai businesses found compliant with COVID-19 precautionary measures Dubai: A total of 20 business establishments in Dubai received stern warnings from the Dubai Economy (DED) for not placing social …
( read original story …)
Fintech thrives as digital transformation jolts finance sector
In the past nine months, 71 per cent of consumers in the UAE reported an increase in using digital payments, even when shopping in-store. The fintech industry is poised to benefit from the virtual …
( read original story …)
Derby County takeover by Sheikh Khaled bin Zayed Al Nehayan, cousin of Man City owner and part of Abu Dhabi royal family, approved by EFL
The takeover of Derby County by a member of the Abu Dhabi royal family is nearing completion having been approved by the English Football League. The EFL on Thursday accepted Sheikh Khaled bin …
( read original story …)
Motorist alert: Dubai’s RTA announces Al Shindagha Tunnel closure, traffic diversion
Motorists in Dubai have been told that Al Shindagha Tunnel will be closed for vehicles coming from Deira to Bur Dubai on Friday and Saturday, according to a tweet posted by the Roads and Transport …
( read original story …)
Dubai records $790mln real estate transactions in a week
Dubai recorded a total of AED2.9 billion real estate and properties transactions during the week ending 5th November 2020 with transactions reaching 1,241, according to figures of the Department of …
( read original story …)
‘Distress’ sales are pushing land prices down in Dubai property market, says Pantheon owner
“We are ready for the two new launches and which will cost a combined Dh300 million plus. There remains a core investor group who will always see value in picking up offplan property in Dubai. That’s …
( read original story …)
Time Out Market to launch food hall concept in Dubai’s Souk Al Bahar early 2021
Food halls is the hottest trend in Dubai’s F&B space, with businesses willing to test it out as the quickest and more cost effective way to reach customers in a pandemic-scarred environment. Each …
( read original story …)
Over 321,000 benefit from UAE’s $27.24bln stimulus programme
UAE – The Central Bank of the UAE said on Thursday its wide-ranging stimulus package, the Targeted Economic Support Scheme (Tess), had directly impacted to date more than 321,000 beneficiaries …
( read original story …)
Dubai’s private developers may need to put up 50% in bank guarantees to launch offplan projects
Dubai: Launching a freehold project in Dubai is becoming tougher for private developers as they are now required to put up 50 per cent of the project value in the form of equity bank guarantees. The …
( read original story …)
New Resource Revealed: London Property Management At 10% For Hong Kong Investors
Redstone Property is well-known as a leading partner for overseas landlords and property investors wanting to avoid the complexities of managing their international portfolio of investment assets.
( read original story …)
Trump administration plans to sell $2.9 billion of drones to the UAE: Reuters, citing sources
The State Department told Congress it plans to sell 18 sophisticated armed MQ-9B aerial drones to the UAE, people briefed on the notification said.
( read original story …)