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Posted on 07/10/2020

Saudi Arabia’s BinDawood Holding prices IPO at $25.59 a share -statement

The retailer, which owns the Danube and BinDawood supermarket brands, said the book-building process generated an order book of $28.50bln …
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Posted on 07/10/2020

Nakheel’s Deira Islands coastal city in Dubai taking shape

Deira Islands, Dubai’s new 15 square kilometre waterfront city, is taking shape fast. Having created 40 kilometres of man-made coastline the islands are helping transform the emirate’s oldest and most …
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Posted on 07/10/2020

Review: Black Tap’s latest venue at Mall of the Emirates

While some of Dubai’s other chicken burgers can leave you feeling … the pickled onion to slay through the richness of Greg Norman. Black Tap, Level 2 Mall of the Emirates (near Vox Cinemas), daily …
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Posted on 07/10/2020

Philip Morris International unveils new IQOS Boutique at Dubai Mall

Philip Morris International (PMI) has opened UAE’s first IQOS Boutique at Dubai Mall. PMI says the new store underlines its ambition of “achieving a smoke-free future for the GCC”. The IQOS Boutique …
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Posted on 07/10/2020

Turkey and UAE openly flouting UN arms embargo to fuel war in Libya

Guardian joint investigation finds both sides send military cargo planes to region, in blatant violation of agreement to end conflict …
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Posted on 07/10/2020

UAE-Israel accord could bring new sparkle to Dubai diamond trade

“This is a big opportunity for any young Israeli that wants to start any business in Dubai, not only the diamond business,” Shimshi, 41, told Reuters. Like in past visits over the last decade, Shimshi …
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Posted on 07/10/2020

ANALYSIS-Arabtec collapse shakes foundations of Gulf construction business

The liquidation, likely to lead to further layoffs in a company which had a 40,000 strong workforce at the end of last year, marks the end of an era of plentiful construction for local contractors. “A …
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Posted on 07/10/2020

Sharjah announces Dh200,000 fund for Lebanese publishers

The emergency relief will support those impacted by devastating blast in Lebanese captial Sharjah: Sharjah has announced a Dh200,000 emergency relief fund for Lebanese publishers affected by the …
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Posted on 07/10/2020

Gloom Deepens for Dubai Property Stocks

Dubai real estate stocks were once the stars for investors betting on the city’s booming economy. But their fall from grace has been spectacular and seems set to continue, given an abundance of unsold …
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Posted on 07/10/2020

Dubai fines 5 businesses for breaking Covid-19 rules; shuts down one place

Dubai Economy fined five establishments and issued warnings to seven shops for not adhering to Covid-19 precautionary measures on Tuesday. Officials found 731 businesses to be compliant with …
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Posted on 07/10/2020

Dubai plastic surgeon accused of sexual harassment of patient cleared by court

A plastic surgeon, accused of sexually harassing a female patient during a Botox injection, has been cleared by the Dubai Court of First Instance. Dubai public prosecution records show that the …
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Posted on 07/10/2020

Dubai holidays: Latest FCDO update as UAE clamps down on coronavirus tests for tourists

DUBAI holidays are normally snapped up by Britons eager for winter sun at this time of year. Alas, coronavirus travel restrictions mean United Arab Emirates getaways are much more complicated. This is …
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Posted on 07/10/2020

UK woman tried to fly to Dubai with $2.44 million in cash in five suitcases

A woman who tried to fly from London’s Heathrow Airport with five suitcases stuffed full of bank notes worth 1.9 million pounds ($2.44 million) has been charged with money laundering, UK Border Force …
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Posted on 07/10/2020

Superbike racer saw bride ‘flip out’ of Dubai hotel window while looking for wedding ring

Abbie Elson, 27, fell to her death from the fourth-room honeymoon suite at a hotel in Dubai, just days after marrying Sean Emmett, 50, as an inquest into her death continues …
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Posted on 07/10/2020

Pakistani expat wins $1 million at Dubai Duty Free raffle

A Pakistani expat living in Abu Dhabi got richer by $1 million when he won the latest Dubai Duty Free Millennium Millionaire draw. Mohammed Shafique Mohammed Siddique, 48, held ti …
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Posted on 07/10/2020

MIDEAST STOCKS-Property shares weigh on Dubai bourse; other markets muted

Major stock markets in the Gulf were little changed in early trade on Wednesday, with losses in real estate shares weighing on the Dubai index. Saudi Arabia’s benchmark index .TASI rose 0.1%, with …
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Posted on 07/10/2020

Virtual WETEX & Dubai Solar Show Promise a Unique Experience for International Exhibitors & Visitors Using the Latest Global Technologies

D virtual Water, Energy Technology, and Environment Exhibition (WETEX) and Dubai Solar Show, which it will organise from 26 to 28 October 2020, will use the latest technologies to provide a unique exp …
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