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Category: BUSINESS

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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Posted on 08/11/2020

UAE- E-commerce boom drives courier business

Courier companies operating in the UAE see a promising outlook despite the challenging environment and said the industry will continue to flourish in the wake of the e-commerce boom in the region. …
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Posted on 08/11/2020

Dubai’s DEWA inaugurates 20 new substations in 2020

Dubai Electricity and Water Authority, DEWA, has announced the inauguration of 20 new electricity substations in 2020, as part of its efforts to provide electricity and water services according to the …
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Posted on 07/11/2020

Sharjah Ruler orders purchase of Dh10 million worth of books at SIBF

To support the global publishing industry, the Ruler of Sharjah has ordered the allocation of Dh10 million for the purchase of books exhibited at the 39th Sharjah International Book Fair (SIBF), it …
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Posted on 07/11/2020

Shaikh Sultan earmarks Dh10m for Arabic and foreign books at Sharjah book fair

Sharjah: His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has ordered the allocation of Dh10 million for the purchase of titles in Arabic …
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Posted on 07/11/2020

Sharjah’s package will open more investment avenues

The generous second package of incentives which comes under the directives of His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and Sheikh Sultan Bin …
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Posted on 06/11/2020

Dubai records Dhs2.9b realty deals

Dubai recorded a total of Dhs2.9 billion real estate and properties transactions during the week ending 5th November 2020 with transactions reaching 1,241, according to figures of the Department of …
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Posted on 06/11/2020

Deal for Derby sale to Abu Dhabi royal Sheikh Khaled agreed ‘in principle’

Derby have confirmed a deal has been agreed “in principle” for the sale of the club to Derventio Holdings, which is owned by Sheikh Khaled Zayed Bin Saquer Zayed Al Nayhan, a member of the Abu Dhabi …
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Posted on 06/11/2020

Abu Dhabi royal close to buying English soccer club Derby | Charlotte Observer

A member of Abu Dhabi’s royal family has agreed to a deal to buy English soccer club Derby, the second-division team where Wayne Rooney plays. Derby said Friday The purchase of the club is “expected …
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Posted on 06/11/2020

Derby takeover: UK£60m sale to Abu Dhabi royal agreed ‘in principle’

Transaction expected to close ‘very soon’ as EFL approves Derventio Holdings as Championship club’s new owner.
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Posted on 06/11/2020

Comments To The Abu Dhabi Global Market’s Electronic Transactions Regulations

The Abu Dhabi Global Market recently released the Electronic Transactions Regulations to recognize the use of electronic signatures, contracts and records.
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