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Posted on 19/10/2020

UPDATE 1-Investment Corporation of Dubai hires banks for dollar bonds

ICD, which as of the end of last year had total assets worth around $305 billion, owns stakes in Emirates airline and Dubai’s biggest bank, Emirates NBD. The planned fixed rate, long five-year senior …
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Posted on 19/10/2020

Free entry to Louvre Abu Dhabi and Qasr Al Hosn for UAE’s frontline professionals

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) said on Sunday that it has reached an agreement with the Frontline Heroes Office (FHO) to allow registered frontline professionals …
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Posted on 19/10/2020

First UAE flight to Israel departing from Abu Dhabi on October 19

Boeing 787 aircraft will carry a special delegation to Tel Aviv and return on October 21 Abu Dhabi: Etihad Airways will become the first Gulf-based carrier to operate a commercial passenger flight to …
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Posted on 19/10/2020

Investment Corporation of Dubai hires banks for dollar bonds

Investment Corporation of Dubai, the Dubai government’s main investment arm, has hired banks to arrange investor calls ahead of a planned issuance of five-year U.S. dollar-denominated bonds, a …
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Posted on 19/10/2020

Dubai’s DEWA repays $1.5bn bond, turns debt-free

The Dubai Electricity and Water Authority (DEWA) has repaid a $1.5bn bond issued in 2010, it confirmed on Sunday. The Global Medium Term Note (GMTN) was issued for a period of 10 years. DEWA, which …
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Posted on 19/10/2020

Watch: How a Dubai nurse saved the life of a newborn camel in the desert

It was a scene right out of a wildlife documentary when a Dubai nurse out on a desert biking trip intervened in the nick of time to save the life of a newborn baby camel. Like every other weekend, on …
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Posted on 19/10/2020

Al-Futtaim Group Real Estate Kickstarts Smart City Roadmap Signs MoU with Dubai Municipality

Makani numbering program marks first of Dubai Festival City’s smart city initiatives

Al-Futtaim Group Real Estate and Dubai Municipality today signed a Memorandum of Understanding to install …

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Posted on 19/10/2020

Brit festival organiser ‘sexually assaulted by Abu Dhabi minister’s of tolerance’

THE Brit organiser of a literary festival in Abu Dhabi has alleged she was sexually assaulted by their minister of tolerance. Caitlin McNamara, 32, said she was attacked by Sheikh Nahyan bin …
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Posted on 19/10/2020

Leaked documents show how UAE president amassed a £5bn London property portfolio

Referred to by his lawyers as ‘the client’ to preserve his anonymity, it has been revealed that Sheikh Khalifa bin Zayed al-Nahyan owns some of the UK capital’s most prestigious addresses …
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Posted on 19/10/2020

Sharjah research team patents breast cancer treatment

The UAE could soon show the way on the treatment of breast cancer. Researchers at the American University of Sharjah (AUS) have recently had their patent accepted for a chemotherapy platform that uses …
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Posted on 19/10/2020

Incentives galore in UAE property market as rents fall

Increased mobility during the quarter has brought about a considerable increase in the level of new leasing enquiries in Dubai.
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Posted on 19/10/2020

Risk of Covid-19 virus spread through frozen food packets is very low in UAE

Allaying such concerns, the Dubai Municipality official said … Dr Srinivas Patnaikuni, specialist gastroenterologist with Prime Medical Centre Burjuman Branch, said: “People should follow proper …
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Posted on 19/10/2020

Only in Dubai: Municipality’s Makani map to provide address for each flat and shop

Imagine drones delivering your online orders at your flat in a Dubai building. The emirate is one step closer to that ambitious vision with the Dubai Municipality coming up with a project to give …
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Posted on 19/10/2020

UFC on ESPN+ 38 rookie report: Grading the newcomers in Abu Dhabi

Fighters from around the globe dream of the day they’ll step into the UFC octagon for the first time. For three athletes, Saturday’s UFC on ESPN+ 38 event marked that special moment in their careers.
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Posted on 19/10/2020

Department of Culture and Tourism grants frontline heroes free access to two major cultural sites in Abu Dhabi

ABU DHABI, 18th October, 2020 (WAM) — With Abu Dhabi’s internationally-renowned cultural sites now reopened to the public, the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, is …
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Posted on 19/10/2020

Two Dubai cafes shut down, five others fined for non-compliance with preventive measures

The Dubai Municipality on Sunday shut down two cafes in the emirate, and fined 5 other establishments for not adhering to the precautionary measures against COVID-19, noting that 98 per cent of the …
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Posted on 18/10/2020

Dubai rents are falling, time to relocate

Residential, office and retail sectors across the UAE’s property market will continue to be tenant-friendly … head of Research, JLL Mena. Dubai’s office market saw its first new stock additions of …
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