“Rating agencies are in an awkward position when it comes to Dubai,” Nasser al-Shaikh, a former head of Dubai’s finance department, told CNBC. Al-Shaikh rejects the agencies’ numbers. “With it being …
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How bowlers are dealing with the conditions in Sharjah
That’s the kind of feeling I’m getting while watching IPL games in Sharjah this season. The number of runs scored here suggest there isn’t a foolproof plan to restrict batsmen in these conditions, but …
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UAE gets a peer-to-peer payments app that lets you split bills with friends
Dubai resident Becky Jefferies … “We see our future in autonomous finance, or self-driving money, where users essentially park their money in Ziina,” Mr Toukan says. Self-driving finance is a …
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Top 10 UAE commercial banks see profits drop by 38.9%
The UAE’s top 10 listed commercial banks saw profits decrease by an average of 38.9 percent in the first half of 2020, due to the double challenge of low interest rates and low oil prices, according …
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Watch: Abu Dhabi police slaps Dh10,000 fine for gatherings amid COVID-19
Abu Dhabi: Police have announced that as many as 1,252 fines were issued against people who were caught holding large gatherings and parties in Abu Dhabi. The fines were issued as part of Abu …
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Jerusalem Deputy Mayor eyes boom in UAE-Israel ties
Peace between the UAE and Israel will lead to prosperity and transform the region into a superpower, and bring more job opportunities for Palestinians in East Jerusalem, Deputy Mayor of Jerusalem, …
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Sharjah govt nurseries won’t register new students this year
The Sharjah Education Council (SEC) will not allow government nurseries to register new students for this year. Private nurseries won’t be allowed to open until it is ensured that all measures have …
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UAE weather: Dubai and Abu Dhabi expect fair Thursday
The National Centre of Meteorology said that Thursday would be fair, but with clouds that may become convective appearing by the afternoon. The winds will freshen at times during the day. Temperatures …
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Abu Dhabi’s asset base remains strong
The ratings agency sees the UAE capital’s oil GDP contracting by more than 7.5 per cent in 2020 due to Opec+ production cuts.
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‘I’m stuck, I’m going to maximise my time here.’ Dubai tour guide makes most of six months stranded in New Zealand
Nada Badran came to Auckland in March with shorts and sandals in her suitcase. She ended up stuck here until August.
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Reed says Race to Dubai shot motivated him to enter PGA Championship
World number nine Reed, the highest-ranked player at Wentworth, leads the season-long standings ahead of American compatriot Collin Morikawa and he thought hard before deciding to travel to Wentworth, …
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Fleetwood proud of consistency as he targets second Race to Dubai title
Fleetwood, crowned the European Tour’s number one player in 2017, was beaten by compatriot Aaron Rai in a playoff at the Scottish Open on Sunday but said he had overcome the disappointment ahead of …
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UAE expat was helping a stranger when he won $1 million
Abu Dhabi resident Mohammed Shafique was helping a stranger on the road when he got the best surprise of his life. He won the $1-million jackpot in the latest Dubai Duty Free (DDF) Millennium …
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Abu Dhabi motorists exceed more than Dh1.4 million in unpaid traffic fines
Motorists in Abu Dhabi have accumulated more than Dh1.4 million in unpaid fines, the emirate’s deputy traffic chief said on Wednesday. Brig Gen Salem Al Dhaheri said the penalties were issued for …
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Abu Dhabi set the benchmark for global sporting events, says UFC referee
Abu Dhabi is now the benchmark for global sporting events thanks to its successful and safe hosting of UFC Fight Island, according to one of the main men tasked with ensuring the fighters are safe …
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Got Questions About Entrepreneurship In Dubai? Dubai Chamber’s Natalia Sycheva Is Here To Answer Them On Ask The Expert
The latest edition of Dubai Chamber’s Ask The Expert will feature Natalia Sycheva, Manager – Entrepreneurship, Dubai Chamber of Commerce.
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Exiled Trader Accused of Fraud Says Denmark Offered Four Years in a ‘Nice Cell’
Sanjay Shah, a former trader and hedge-fund manager accused by Denmark of orchestrating a $2 billion dividend-tax fraud, said he rejected a plea bargain with the Nordic country that would have meant …
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