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Category: BUSINESS

Posted on 10/11/2020

City Centre Deira Extends Its Popular ‘INDOORS’ Pop Up Retail and Street Food Concept

With the aim to support and promote emerging brands, City Centre Deira will continue to showcase five handpicked Dubai-based retail brands in ‘INDOORS’. ‘INDOORS’ has also added more mouth …
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Posted on 10/11/2020

Versace Opens Stores in Dubai, Moscow

Versace is looking East for retail expansion. The Milan-based luxury house has recently inaugurated two new stores, one in Dubai and the other in Moscow. Conceived by French architect Gwenael Nicolas, …
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Posted on 09/11/2020

Marks & Spencer brings three Christmas pop-up stores to Dubai

Pop-up stores at Marina Mall in Dubai Marina and Nakheel Mall on the Palm Jumeirah will stock over 500 premium lines, from consumables such as biscuits and chocolates to Christmassy homeware and gifts …
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Posted on 09/11/2020

Sharjah Consultative Council applaud Sharjah Ruler’s support to business sector

The Sharjah Consultative Council, SCC commended the unending support of H.H Dr Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah to the business sector. The gratitude …
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Posted on 09/11/2020

7-metre whale shark spotted in Abu Dhabi

Abu Dhabi: The Environment Agency (EAD) in Abu Dhabi has warned the public not to swim or dive in Al Bahia canal after a seven-metre whale shark was spotted in the waters on Sunday. Residents were …
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Posted on 09/11/2020

Top Abu Dhabi Islamic Bank Is Undeterred by Damage From Pandemic

The biggest Islamic bank in Abu Dhabi is striking an upbeat tone despite emerging from the global pandemic with one of the highest shares of bad loans among its peers.
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Posted on 09/11/2020

West Asia Wrap: Al Hilal, Al Shabab lead in Saudi Arabia, Sharjah stay perfect in UAE

Al Hilal SFC’s defence of the Saudi Pro League title is proceeding smoothly with the 2019 AFC Champions League winners sharing top spot with Al Shabab.
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Posted on 09/11/2020

Rents: Get 1-bedroom home in Sharjah for as low as Dh12,000

Rents in Sharjah fell four per cent in third quarter 2020 and there was a marginal or no change for units in the lower range of the rental bracket. Property consultancy firm Asteco said an increase in …
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Posted on 09/11/2020

COVID-19 sparks e-commerce boom in UAE

The UAE e-commerce sector is expected to capture a bigger share of the card payment transaction values in 2020 than was predicted before the pandemic — up from 19.7 per cent to 21.9 per cent. Going …
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Posted on 08/11/2020

Most Gulf markets rise; Abu Dhabi eases

Most share markets in the Gulf ended higher on Sunday but stocks did not react significantly to Joe Biden’s victory in the U.S. presidential election.
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Posted on 08/11/2020

UPDATE 1-Abu Dhabi’s Etihad announces departure of several senior execs

Abu Dhabi’s Etihad Airways said on Sunday its chief commercial officer was leaving the state carrier as part of a broad management restructuring as it struggles through the pandemic.
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Posted on 08/11/2020

Dubai primed to be global business hub

Global bank HSBC said in a city report that Dubai’s major economic and business reforms have led to significant improvements in its economic competitiveness and status as a global hub. “Business …
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Posted on 08/11/2020

This Diwali 2020, win Dh100k worth of gold prizes at Dubai shopping malls

Participating malls include Al Khail Gate Community Centre, Arabian Centre, Burjuman, Bay Avenue, Dubai Outlet Mall, Reef Mall, Oasis Mall, Times Square Center and The Mall. Dubai Shopping Malls Group …
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Posted on 08/11/2020

Abu Dhabi Wealth Fund Culls Japan Team, Seeking New Growth Areas

The Abu Dhabi Investment Authority has reconfigured the way it invests in Japanese stocks, part of a wider shift by the world’s third-largest sovereign wealth fund to focus on areas with more growth …
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Posted on 08/11/2020

Rain in UAE: Kalba road closed, announce Sharjah Police

The Kalba road has been closed in both directions from Al Hafiya Square in the city of Kalba to Wadi Al Helo because of heavy rainfall, the Sharjah Police announced on Sunday afternoon. The police …
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Posted on 08/11/2020

Dubai Startup Hub defies pandemic concerns, reports 236% surge in membership

Dubai: Dubai Startup Hub recorded a 236 percent year-over-year surge in membership during the first half of 2020. Membership in the Dubai Chamber of Commerce and Industry initiative reached 1,568 in …
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Posted on 08/11/2020

UAE businesses, analysts welcome US election results

Reacting to the outcome of the US election results, UAE business leaders and analysts expressed optimism on a new era of strong business relations between the US and UAE. “That business ties between …
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