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Category: BUSINESS

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

Stand-up Abhishek Upmanyu speaks about his Dubai show on Friday

DUBAI BETTER GET ready for a night of laughter as Indian stand-up Abhishek Upmanyu is heading to the city for two shows live on Friday at 6pm and 9pm at The Theatre, Mall of the Emirates. Tickets are …
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Posted on 30/09/2020

Inside Al Khawaneej Walk: New Dubai mall opens with Geant, Roxy Cinema and gym

A new community mall in the Al Khawaneej neighbourhood, Al Khawaneej Walk opened this week with a number of home-grown and international offerings. With both indoor and outdoor sp …
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Posted on 30/09/2020

Abu Dhabi’s Mubadala takes stake in Silver Lake and invests $2bn in new fund

Abu Dhabi’s sovereign wealth fund Mubadala has taken a stake in US private equity group Silver Lake and said it is backing a new longer-term investing strategy from the firm with a further $2bn. The …
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Posted on 30/09/2020

Silverlake adds a $2 billion “longterm” hedge fund backed by Abu Dhabi to its tech finance toolkit

Silver Lake Partners, the multi-billion dollar tech-focused investment firm, is adding a longterm hedge fund backed by Abu Dhabi’s sovereign wealth fund, Mubadala, to its array of investment vehicles …
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Posted on 30/09/2020

Abu Dhabi’s ADNOC begins derivatives trading

ADNOC Trading (AT), a trading entity of Abu Dhabi National Oil Company (ADNOC), has started derivatives trading as a direct market participant, it announced on September 30. Besides ADNOC Trading, …
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Posted on 30/09/2020

Abu Dhabi adjusts public beach access hours for winter

Public beaches in Abu Dhabi city The reduction in beach access timings and swimming hours for the winter months was announced by the Abu Dhabi City Municipality on its social media platforms. During …
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Posted on 30/09/2020

29 Sharjah nurseries all set to reopen on October 4

Twenty-nine nurseries and kindergartens in Sharjah are all set for reopening on October 4, with strict Covid-19 precautionary measures in place, a top education official has said. After meeting safety …
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Posted on 30/09/2020

Union Properties Okays sale of 40% stake in Dubai Autodrome for Dh400m

Union Properties on Wednesday said it has approved an offer of Dh400 million for a 40 per cent stake in the Dubai Autodrome, UAE’s first fully integrated motor sports facility. The real-estate …
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Posted on 30/09/2020

German Gussakovskiy, Co-founder And Partner, Topstretching ME On Growing Your Business Amid A Pandemic

Topstretching ME is a fast-growing chain of stretching and functional fitness studios training specifically catered for women in MENA, with a team of professional Russian gymnasts and training …
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Posted on 30/09/2020

UAE- Sharjah launches sustainable and affordable residential community

Sharjah Sustainable City, a Sharjah Investment and Development Authority(Shurooq)project, has announced the launch of flexible and competitive payment plans to encourage people to own residential …
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Posted on 30/09/2020

Dubai’s Jumeirah still keen on hotel expansion despite coronavirus impact

Jose Silva says now is the time to be ‘stubborn and determined’ to develop hospitality brands Now is the time to be “stubborn” and “determined” to develop your hospitality brand, according to Jose …
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Posted on 29/09/2020

UAE-Israel business ties to make region more secure, says DP World chairman

Business ties between the UAE and Israel will make the region more secure and also make people’s lives better, said Sultan Ahmed bin …
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Posted on 29/09/2020

Two employees arrested for falsifying COVID-19 test results to enter Abu Dhabi

Two employees at a testing facility have been arrested for falsifying COVID-19 test results, the Abu Dhabi Emergency, Crisis and Diaster Prosecution announced on Tuesday. The two accused falsified the …
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Posted on 29/09/2020

9 upcoming Abu Dhabi mega projects to get excited about

Abu Dhabi’s new dining and entertainment destination, Al Qana, was originally scheduled to open at the end of 2020. Located in the Khor Al Maqta region of the capital, the waterfront tourist …
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Posted on 29/09/2020

UFC Fight Night: Holly Holm and Irene Aldana touch down in Abu Dhabi – in pictures

Female fighters headline the first of three Fight Nights at ‘Return to Fight Island’ Holly Holm and Irene Aldana arrived in Abu Dhabi ahead of their headline bout at UFC Fight Night on Yas Island this …
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Posted on 29/09/2020

Abu Dhabi Police warn motorists against tampering with vehicle number plates

Police issued a warning to motorists against tampering, obscuring and altering number plates as they can face referral to the Public Prosecutor or the vehicle be impounded until release fee of …
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