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Posted on 15/10/2020

Nevada warned by U.S. not to use Chinese virus tests from UAE, documents say

U.S. officials privately warned the state of Nevada not to use Chinese-made coronavirus test kits donated by the United Arab Emirates.
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Posted on 15/10/2020

COVID-19: Six businesses fined and three shops warned in Dubai for not adhering to safety measures

Dubai found compliant with COVID-19 preventive guidelines Dubai: Following intensive field inspections, the Dubai Economy (DED) has fined six commercial establishments and handed down stern warnings …
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Posted on 15/10/2020

Sharjah’s Dana Gas signs $90mln credit facility to pay off its sukuk

Sharjah-based Dana Gas has signed a $90 million credit facility with Mashreq Bank, which it will use to settle its $309 million sukuk (Islamic bond) by its due date. The company informed Abu Dhabi …
( read original story …)


Posted on 15/10/2020

UAE banks should be pushing mortgages to prop up property demand

On the one hand, easier and cheaper access to credit reduces borrower financing constraints and increases the total demand for housing, which in turn leads to higher prices. Conversely, however, …
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Posted on 15/10/2020

Abu Dhabi’s sovereign fund Mubadala takes 3.1% stake in Spain’s Enagas

Abu Dhabi’s sovereign wealth fund Mubadala took a 3.1% stake in the Spain-based gas system operator Enagas ENAG.MC, according to a filing to the Madrid stock market regulator released on Wednesday.
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Posted on 15/10/2020

Watch: Police are now placing stickers on vehicles entering Abu Dhabi

Police have started distributing stickers at all Abu Dhabi checkpoints as part of the authority’s initiative to ensure the safety of road users. The Traffic and Patrols Directorate of Abu Dhabi Police …
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Posted on 15/10/2020

US warned Nevada not to use Chinese COVID tests from UAE

U.S. diplomats and security officials privately warned the state of Nevada not to use Chinese-made coronavirus test kits donated by the United Arab Emirates …
( read original story …)


Posted on 15/10/2020

UAE’s Dana Gas raises loan, avoids another restructuring

United Arab Emirates energy firm Dana Gas has raised a $90 million loan allowing it to redeem $309 million in bonds due at the end of October and avoid a third debt restructuring.
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Posted on 15/10/2020

Dubai Launches New Program to Attract Remote Workers

Dubai has launched a new programme that enables overseas remote-working professionals and their families to live in Dubai while continuing to serve their employers abroad, state news agency WAM said …
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Posted on 15/10/2020

11 OFWs returning to Dubai denied entry due to non-compliance with COVID-19 measures

At least 11 overseas Filipino workers (OFWs) returning to Dubai have been denied entry over failure to secure the required prior approval from appropriate agencies of the UAE government, according to …
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Posted on 15/10/2020

‘CEO of private jet firm’ scams Dubai gift company

Dubai: A gang of three men scammed a Dubai-based gifts company of Dh25,800 worth of gifts after forging documents, an official said on Wednesday. Prosecutor Ahmad Abdullah Al Attar, senior prosecutor …
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Posted on 15/10/2020

Now open: Dubai Garden Glow is back for its 6th season at Zabeel Park

Summer is finally fading away and if you’re looking for some activities that take place in the great outdoors, you’ll be thrilled to know that Dubai Garden Glow is back for its 6th season at Zabeel …
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Posted on 15/10/2020

Over 50 Indians on tourist visas stranded at Dubai airport

Over 50 Indian nationals have been stranded at Dubai International Airport since 9pm Wednesday for non-compliance with entry requirements for tourist visa holders, Khaleej Times has learnt. Sources at …
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Posted on 15/10/2020

Dubai launches new residency programme for overseas remote working professionals

Dubai has launched a new residency programme which will allow overseas remote working professionals to relocate and live in the emirate – along with their families – while continuing to work remotely …
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Posted on 15/10/2020

As Israel and UAE make peace, Dubai Jewish community flourishes

Some called it “the underground synagogue,” but the sanctuary of the Jewish Community of the Emirates would be familiar to Jews anywhere in the world. During a recent service, several rows of chairs …
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Posted on 15/10/2020

Sheikh Mohamed tours Abu Dhabi’s new waterfront destination on Hudayriat Island

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today toured Al Hudayriat Recreational Project, a waterfront community …
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Posted on 15/10/2020

Sheikh Mohamed orders six-month rent waiver for businesses on Al Hudariyat Island in Abu Dhabi

The Hudayriat Recreational Project is the second leisure destination, after the Jubail Mangrove Park announced, late last year by Modon Properties, a subsidiary of ADQ, as part of a series of …
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