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Posted on 02/09/2020

Dubai returns to public debt markets for first time in six years

The government of Dubai started marketing a dual-tranche bond on Wednesday, its first sale in public debt markets in six years, as the Middle East trade and tourism hub seeks to boost finances hit by …
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Posted on 02/09/2020

Abu Dhabi’s ADNOC, Apollo-led consortium enter into $5.5bn investment partnership

The transaction will result in upfront proceeds of $2.7bn to ADNOC and is expected to close before end of 2020, subject to closing conditions and regulatory approvals.
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Posted on 02/09/2020

Sungrow Signs a 900 MW Agreement to Supply 1500V Turnkey Inverter Solution to Dubai

Sungrow, the global leading inverter solution supplier for renewables, announced that the Company partnered with Shanghai Electric to supply its latest 1500V 6.25 MW turnkey solution to the 900 MW …
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Posted on 02/09/2020

First Abu Dhabi Bank to Start Talks With Israeli Lenders

First Abu Dhabi Bank PJSC plans to start talks with Bank Hapoalim and Bank Leumi to forge cooperation in the financial sector as the United Arab Emirates and Israel normalize their relations.
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Posted on 02/09/2020

Sri Lankan reported dead following gas explosion in Abu Dhabi

A Sri Lankan was among the dead following a gas tank explosion at a restaurant in Abu Dhabi, Dubai, Sri Lanka Bureau of Foreign – Get the latest breaking news and top stories from Sri Lanka, the …
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Posted on 02/09/2020

Abu Dhabi’s best cheese and grape nights to try

On Thursdays, just in time to start the weekend, a brand new cheese and grape night has launched and we’re all ears. Head along from 7pm to 9pm and you can enjoy some specially created cheese and cold …
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Posted on 02/09/2020

Deal with UAE could be ‘match made in heaven’ for Israeli tech sector

The UAE would become only the third country in the Arab world to establish full relations with Israel. To inaugurate formal normalization talks, El Al Airlines, Israel’s national carrier, flew Israeli …
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Posted on 02/09/2020

Parties in the streets: how Dubai and Sharjah celebrated the end of the Second World War

Thousands thronged the streets and danced until sunset – news of the Allied victory in 1945 was greeted with huge fanfare in Dubai and Sharjah. When the Germans surrendered on May 7, it drew the …
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Posted on 02/09/2020

2 Pinoy workers killed in Abu Dhabi restaurant blast

Two Filipino workers were killed in an explosion in two neighboring restaurants in Abu Dhabi, the Department of Foreign Affairs announced yesterday in a statement. “Ambassador Hjayceelyn M. Quintana …
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Posted on 02/09/2020

On Dubai Startup Hub’s Third Anniversary, A Look Back At The Lessons Learnt Building This Entrepreneurial Hub In The Middle East

“With Dubai Startup Hub, it was about building the bridge to the future for all- established companies, family businesses, entrepreneurial individuals, and technology innovators by creating platforms …
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Posted on 02/09/2020

DMCC, Emirates NBD partner to boost ease of doing business in Dubai

Suvo Sarkar, senior executive vice president, and head of Retail Banking and Wealth Management, Emirates NBD, added: “Emirates NBD is committed to supporting initiatives that enhance the ease of doing …
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Posted on 02/09/2020

Two killed, several injured in Abu Dhabi restaurant gas explosion: Police

Abu Dhabi police and safety teams have been evacuating residents and areas surrounding the building in the Rashid bin Saeed street to ensure the safety of the public, according to WAM. “Abu Dhabi …
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Posted on 02/09/2020

Iran’s Khamenei: UAE ‘disgraced forever’ by Israel deal

The United Arab Emirates has betrayed the Islamic world and the Palestinians by reaching a deal toward normalising ties with Israel, Iran’s top authority Supreme Leader Ayatollah Ali Khamenei said on …
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Posted on 02/09/2020

Dubai-bound gold bars smuggled in lunchbox to be auctioned

Eight gold bars which were seized after a passenger travelling to Dubai tried to smuggle them through airport customs in a lunchbox are to be auctioned. HM Revenue and Customs (HMRC) officers found …
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Posted on 02/09/2020

Israel, UAE sign protocol of understandings on banking, finance

We will soon announce additional agreements in aviation, tourism, trade and others,” says Israeli Prime Minister Benjamin Netanyahu.
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Posted on 02/09/2020

Scientists in Saudi Arabia push the boundaries of solar power further

New research by leading Saudi university KAUST has shown promising results in renewable energy by using atmospheric water vapor to cool down solar panels. (Supplied) Short Url https://arab.news/9strs …
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Posted on 02/09/2020

Fighting coronavirus: Sharjah ensures campus safety with inspections

Schools in the emirate started the new academic year with online classes, which would continue for two weeks until September 10.
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