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Category: BUSINESS

Posted on 17/06/2020

Explainer: UAE Economic Substance Regulations detail how a company must be managed in the country

Adhering to UAE’s Economic Substance Regulations (ESR) is now a ‘must do’ reality facing business owners in the region, amid the challenging financial circumstances brought on by the COVID …
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Posted on 17/06/2020

UAE- Insurers brace for tough times

Insurers in the UAE and other Gulf countries are well-capitalised but demand for insurance will decline this year due to a delay in the rollout of mandatory health insurance in Oman and Bahrain, …
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Posted on 17/06/2020

UAE Food Security Rises to the Challenge

Food systems are ripe for disruption and Dubai is leading the way regionally regarding the adoption of technology-enabled food production.
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Posted on 17/06/2020

UAE minister: It’s possible to work with Israel

We can have a political disagreement with Israel and try to bridge other differences. UAE Minister of State for Foreign Affairs Anwar Mohammed Gargash, in a historic public appearance by a senior Arab …
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Posted on 17/06/2020

Dubai Diamond Exchange reopens for business

DUBAI, 15th June, 2020 (WAM) — The Dubai Diamond Exchange, DDE, is open for business and ready to host regular activities, including tenders, in line with the easing of restrictions across the …
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Posted on 17/06/2020

Back To The Office: Dubai Chamber Shows The Precautionary Measures It Has Taken To Safeguard Its Employees And Customers

Following the Government of Dubai’s directive allowing people to now return to working from their offices after the COVID-19 lockdowns, the Dubai Chamber of Commerce and Industry is setting an example …
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Posted on 16/06/2020

Ripe Market is back: the weekly pop-up returns to Dubai at Nakheel Mall

Ripe will once again be hosting its weekly pop-up market, starting from Friday, June 19. A retail pop-up, which will take place at Dubai’s Nakheel Mall, will take place every Friday and Saturday until …
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Posted on 16/06/2020

Abu Dhabi’s ADQ in talks for bank debt – sources

DUBAI, June 16 (Reuters) – Abu Dhabi’s ADQ, a state-owned holding company, is in talks with banks for bank debt financing, two sources said. One of them said that ADQ, formerly kn …
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Posted on 16/06/2020

UPDATE 1-Sharjah Islamic Bank sells $500 million in five-year sukuk – document

Sharjah Islamic Bank sold $500 million in five-year U.S. dollar-denominated sukuk at 2.85% on Tuesday, a document showed.
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Posted on 16/06/2020

Sharjah Islamic Bank sells $500mln in five-year sukuk – document

DUBAI: Sharjah Islamic Bank SIB.AD sold $500 million in five-year U.S. dollar-denominated sukuk at 2.85% on Tuesday, a document showed. SIB received more than $3.4 billion in orders for the Islamic …
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Posted on 15/06/2020

Building a Nationscape: The Showcase Cities of the Gulf

In various parts of the world, national regimes use buildings and urban infrastructure to foster regional power, exercise world economic and symbolic impact, and impress indigenous citizens of their …
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Posted on 15/06/2020

Three fishing boats catch fire in Sharjah

Three fishing boats were gutted after they caught fire in Al Jubail area of Sharjah on Monday morning, Colonel Sami Khamis Al Naqbi, Director of Sharjah Civil Defence, told Gulf News. The civil …
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Posted on 15/06/2020

Abu Dhabi Police issue fresh warning against rumours

Police have issued a fresh warning against the spread of rumours on social media, urging residents to stop such types of unwarranted behaviour. Abu Dhabi Police highlighted that a number of messages …
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Posted on 14/06/2020

Dubai health workers get Dh100 gift cards, free movie tickets at these malls

Paying tribute to Dubai’s heroes on the frontlines of Covid-19 battle, a mall operator is giving health workers Dh100 gift cards, special discounts, free movie tickets, and more. With its …
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Posted on 14/06/2020

Combating coronavirus: Sharjah government employees can take leave with full pay to volunteer in essential sectors

Government employees of Sharjah can now apply for special leave and also receive full pay if they are volunteering to support the essential sectors during crises. The directive was approved by the …
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Posted on 13/06/2020

Dubai Festival City Mall to ‘surprise and delight’ shoppers during DSS

Dubai Festival City Mall shoppers will be dazzled throughout Dubai Summer Surprises 2013 with exciting promotions from retail stores and several chances to win weekly surprise gifts worth AED 100,000.
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Posted on 13/06/2020

Major UAE cinema chain reopens

Four branches welcome customers across Dubai …
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