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Category: BUSINESS

Posted on 20/04/2021

Sharjah is a lucrative hub of global investments, partnerships

Sheikh Fahim Bin Sultan Al Qasimi, Chairman of the Department of Government Relations in Sharjah, stated that the department has enhanced the stature of the UAE, in general, and Sharjah, in particular …
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Posted on 20/04/2021

‘I could spend only 17 days with my wife’: How COVID-19 worsens separation anxiety for ‘married bachelors’ in the UAE

Away from family, ‘married bachelors’ in the UAE talk about the trauma of loneliness “I could spend only 17 days with my wife,” said Asad Parvez, an expatriate in Dubai since 2009, while recounting …
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Posted on 20/04/2021

Crate and Barrel’s latest collection set to celebrate the beauty of the region and uplift the local community this Ramadan

Crate and Barrel has partnered with Carrefour and Emirates Red Crescent to distribute Ramadan Boxes of essential food items across the UAE ; Crate and Barrel is taking part in Maj …
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Posted on 20/04/2021

Covid-19: Majority of Abu Dhabi private school pupils attend classes online

Public schools in the UAE have this week reopened for the third semester.However, pupils continue to attend their classes virtually owing to the Covid-19 pandemic.On Sunday (April 18), the public …
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Posted on 20/04/2021

Abu Dhabi’s TAQA expected to sell $1.5bln in bonds – document

It gave initial guidance of around 110 basis points over U.S. Treasuries for a seven-year tranche and around 3.75% for a 30-year Formosa portion …
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Posted on 20/04/2021

Logo unveiled for the FINA World Swimming Championships (25m) in Abu Dhabi (UAE)

With less than eight months to go for the 15th edition of the FINA World Swimming Championships (25m) in Abu Dhabi (UAE), scheduled from December 16-21, 2021 the official logo of the competition was …
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Posted on 20/04/2021

US Capital Global Expands Global Presence with New Offices in Abu Dhabi, Las Vegas

US Capital Global announced the group’s continued international expansion with a new office about to open in Abu Dhabi, providing a gateway to the Middle East. The Abu Dhabi branch is due to open next …
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Posted on 20/04/2021

Pakistan, UAE agree to strengthen bilateral ties

Pakistan and United Arab Emrites (UAE) on Tuesday have agreed to exchange business delegations to promote bilateral trade and economic cooperation in different fields, according to a statem …
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Posted on 20/04/2021

Dubai’s largest bank sees Q1 net profit rise on improving UAE economy

Emirates NBC CEO says bank will accelerate the pace of investment in digital and international network on back of strong results …
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Posted on 20/04/2021

UAE one of the World’s Safest and Preferred Healthcare Destinations strengthens its Care Delivery System.

StratMed is one of the largest data-driven, healthcare performance improvement companies. It is unlocking the value of Planned Consumption and Supply Chain Management for large hospital chains in Asia …
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Posted on 20/04/2021

Dubai CommerCity launches offices and logistics units in first phase of development

Dubai CommerCity (DCC) has launched 470,000sqft of new facilities as part of the first stage of its planned schedule. The phase includes a built-up area of over 320,000sqft of office spaces in the …
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Posted on 20/04/2021

KSA and UAE say loss of travel has adversely affected business performance

Saudi Arabia and the United Arab Emirates have found that the loss of travel has adversely affected business performance, according to new research by Collinson. More than four fifths of business …
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Posted on 20/04/2021

Dubai’s Courts of Space launches international working group

Courts and the Dubai Future Foundation (DFF) announced the formation of an international Working Group tasked with exploring space-related legal innovations and providing an outlook on potential …
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Posted on 20/04/2021

Why Dubai is the ‘best place to be’ for design

Level Shoes sees “exponential growth” of local designers, eyes first expansion out of Dubai into Saudi by year-end …
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Posted on 20/04/2021

Abu Dhabi’s TAQA gives initial guidance for dollar bonds – document

It gave initial guidance of around 110 basis points over U.S. Treasuries for a seven-year tranche and around 3.75% for a 30-year Formosa portion …
( read original story …)


Posted on 20/04/2021

UAE’s Emirates Islamic Bank post 37% rise in Q1 net profit

UAE-based lender Emirates Islamic Bank has posted a Q1 2021 net profit of Dhs212m, up 37 per cent year-on-year from the corresponding period last year, due to lower costs and lower impairment …
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Posted on 20/04/2021

Pakistan gets US$ 2 billion roll-over from UAE

Pronouncing the United Arab Emirates’ (UAE) decision to roll-over the US$ 2 billion deposit by the Abu Dhabi Fund, the UAE Foreign Minister His Highness Sheikh Abdullah bin Zayed Al Nahyan has …
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