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Category: BUSINESS

Posted on 25/01/2021

Dubai prime house market records $8.03bln deals in 2020

Dubai’s prime residential market recorded Dh29.54 billion worth of transactions in 2020 notwithstanding the challenges posed by the pandemic. Last year, transactions of more than 10,557 apartments and …
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Posted on 25/01/2021

Dubai cybersecurity firm spiderSilk closes $2.25m funding round

Dubai-based cybersecurity firm spiderSilk, specialising in advanced threat detection technology, has raised $2.25m in their pre-series A funding round. Proceeds from the round, co-led by VC firm …
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Posted on 25/01/2021

UFC 257 rookie report: Grading the lone newcomer in Abu Dhabi

Fighters from around the globe dream of the day they’ll step into the UFC octagon for the first time. For one athlete, Saturday’s UFC 257 event marked that special moment in their career. Check out th …
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Posted on 25/01/2021

Agents offered sales incentive trip to Dubai despite tighter Covid restrictions

Newman Estate Agents has launched an incentive trip for its estate agents and mortgage advisors to encourage them to hit sales targets this year, despite the heightened Covid-19 restrictions in place.
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Posted on 25/01/2021

UAE realty market on solid growth track due to lucrative business ambience

The UAE real estate sector market is on solid growth track and is marching ahead in 2021 due to major incentives launched by the government and lucrative business ambiance in the country, according to …
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Posted on 24/01/2021

Sharjah builds on its FDI appeal in 2020; attracts $220 million in investments & creates 1,117 new jobs

The onset of COVID-19 strapped the global economy on a roller-coaster ride, affecting both lives and livelihoods of people worldwide. On the business side particularly, the pandemic has revealed the …
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Posted on 24/01/2021

Dubai private jet traffic up nearly 80% in Q4 2020 as tourists flock to UAE

Sun-seeking tourists escaping strict COVID lockdowns helped to boost private jet traffic in Dubai’s main business aviation hub late last year, according to new figures from Dubai South. Total private …
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Posted on 24/01/2021

10 tips for Israeli entrepreneurs in the UAE

The recent agreement between Israel and the UAE will bring many new opportunities for the two countries’ technology ecosystems to grow together. We offer ten tips for Israeli entrepreneurs seeking to …
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Posted on 24/01/2021

Dubai Shopping Festival’s final sale offers up to 90 per cent off

This week is the final week of the the Dubai Shopping Festival (DSF), and what better way to bid the ultimate farewell to another edition than with a DSF Final Sale. The annual retail celebration’s …
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Posted on 24/01/2021

Prism Group, Abu Dhabi’s Royal Strategic Partners appoint Moelis & Company to advise on Finablr deal

Prism Group and Abu Dhabi’s Royal Strategic Partners (RSP) have appointed investment bank Moelis & Company to advise on the restructuring of Finablr Ltd and its subsidiaries (the group). Prism formed …
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Posted on 24/01/2021

McIlroy records another top-three finish in Abu Dhabi as Hatton comes through to triumph in season opener

Rory McIlroy couldn’t hold onto his overnight lead at the Abu Dhabi HSBC Championship as Tyrrell Hatton came from behind to triumph in the European Tour’s season opener. Hatton was superb in the final …
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Posted on 24/01/2021

Hancock slams holidaymakers saying there should be no ‘weekends in Dubai’

The Health Secretary on Sunday reinforced the government’s rule that international travel should not be happening unless it was ‘absolutely necessary’.
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Posted on 24/01/2021

Fitness influencer in Dubai hits back at those who slam social media stars for going abroad to work

Personal trainer Sheridan Mordew, 24, from Sunderland, arrived in Dubai just a few days before the third national lockdown, and planned to film live workouts to inspire her clients in the UK.
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Posted on 24/01/2021

Abrahamic Business Circle Founder says “We believe in economic diplomacy”

Dr. Raphael Nagel, chairman of the Abrahamic Business Circle and general manager of a Dubai-based private equity firm, says that his organization believes in economic diplomacy and building bridges …
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Posted on 24/01/2021

Dubai’s licensing hub will launch new services for businesses in 2021

We remain one of the most affordable options for those who wish to license and launch their businesses in Dubai and have access to workspaces,” said …
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Posted on 24/01/2021

Dubai’s Emirates to resume flights to Australia

Dubai carrier Emirates will be resuming flights to Australian cities of Sydney, Melbourne and Brisbane, later this week. “Emirates will resume passenger flights to Sydney from January 25, to Melbourne …
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Posted on 24/01/2021

Kuaishou draws BlackRock, Abu Dhabi to $6bn IPO

Chinese short-video start-up plans to set aside almost $2.5bn of IPO stock for about 10 cornerstone investors, sources said …
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