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Posted on 01/10/2020

Israeli, Emirati technology ministers discuss possible joint projects

Industry and Advanced Technology Minister Sultan al-Jaber, possible collaboration in research and development between the countries. The discussion focused on fields in which both Israel and the …
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Posted on 01/10/2020

Slah Bramly’s death leaves UAE tennis fraternity in mourning

Slah Bramley was the go-to person for the local as well as international tennis fraternity on their tour of Dubai. Image Credit: Supplied photo Dubai: Tennis fraternity of the UAE and beyond were in a …
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Posted on 01/10/2020

Why the United States Shouldn’t Sell Jets to the UAE

Selling F-35s to the United Arab Emirates could give Russia access to U.S. technology and erode Israel’s regional military edge.
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Posted on 01/10/2020

UAE begins bid for UN Security Council seat

The United Arab Emirates (UAE) has launched a campaign for a seat on the United Nations Security Council. The UAE announced the effort on Tuesday to obtain a nonpermanent seat for the 2022-2023 term.
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Posted on 01/10/2020

IPL 2020 in UAE: How Kane Williamson lends stability to Sunrisers Hyderabad

Kane Williamson of Sunrisers Hyderabad plays a shot during the match the Delhi Capitals in the Indian Premier League at the Sheikh Zayed Stadium in Abu Dhabi, the UAE, on September 29. 2020. Image …
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Posted on 01/10/2020

Dubai-based social networking platform to raise $139.5m through New York listing

The Dubai-based business “functions as our primary business operation centre” and houses its sales, marketing and other operations, while product development and technology work is carried out in …
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Posted on 01/10/2020

IPL 13: Few of us thought we were still playing at Sharjah, says Steve Smith

After losing by 37 runs against Kolkata Knight Riders (KKR), Rajasthan Royals skipper Steve Smith admitted that his side did not adapt to the wicket and stadium dimensions.
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Posted on 01/10/2020

Silver Lake adds a $2 billion ‘long-term’ hedge fund backed by Abu Dhabi to its tech finance toolkit

Silver Lake, the multi-billion-dollar tech-focused investment firm, is adding a long-term hedge fund backed by Abu Dhabi’s sovereign wealth fund, Mubadala, to its array of investment vehicles to …
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Posted on 01/10/2020

Chindata Gained 14.5% in Its IPO. Not All the Tech Debuts Did So Well.

Separately, shares of Yalla opened at $9.75 and hit a high of $10.99. In afternoon trading, the stock changed hands at $7.43, down from its $7.50 IPO price. Yalla, of Dubai, is a voice-chat app for …
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Posted on 01/10/2020

Chinese expats feel at home in the UAE

Chinese expats in the UAE – from long-term residents to those who had just moved in – could feel how strong ties have grown between their homeland and their second home. And as they celebrate Chinese …
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Posted on 30/09/2020

Sharjah officials disconnect electricity to enforce eviction of single men in illegal tenancies

The Direct Line (Al Khat Al Mubasher) is a platform for Sharjah residents to share concerns with government officials. Sheikh Dr Sultan bin Muhammad Al Qasimi, the Ruler of Sharjah and a regular …
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Posted on 30/09/2020

Voice chat app Yalla up 30% after NYSE IPO

Dubai voice chat app Yalla (YALA) launched its NYSE debut up 30% to $9.75. Shares are currently up 21% to $9.10.Yalla had priced its offering of 18.6M ADS at $7.50, towards the lower end of its $7-9 …
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Posted on 30/09/2020

Dubai property prices at ‘fair value’, but European cities in bubble territory, says UBS

Dubai: After a 20 per cent drop in values over the last 18-24 months, Dubai’s property prices are well outside of any bubble space – in fact, they are now ‘fairly valued’, according to the Swiss bank.
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Posted on 30/09/2020

MIDEAST STOCKS-Dubai leads gains in Gulf as financial shares rise

Most stock markets in the Gulf ended higher on Wednesday, with Dubai leading the gains on back of Emirates NBD Bank. Saudi Arabia’s benchmark index .TASI edged up 0.2%, with Saudi Kayan Petrochemical …
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Posted on 30/09/2020

Practical joke in Dubai lands one friend in coma, another in jail

A freak jest played by a youth on his friend, both relatives, has landed him in jail and left the other in a coma with a permanent disability, Arabic daily Al Bayan reported. The duo used to work in a …
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Posted on 30/09/2020

Dubai holidays: Coronavirus test warning issued for UAE – what you must do

DUBAI holidays are normally a big hit with Britons as the weather grows colder in the UK. Sadly, coronavirus has crushed the dreams of many hoping for winter sun in 2020 – and now the United Arab …
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Posted on 30/09/2020

Dubai-based Arabtec Holding to file for liquidation

Arabtec posted a Dh774.5 million net loss in 2019, citing weaker income from its construction business amid tighter liquidity in the sector.
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