Abu Dhabi’s biggest lender joined its regional Gulf competitors in setting aside higher provisions to cover a spike in bad loans brought on by the coronavirus pandemic.
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First Abu Dhabi Bank profit drops 25% as impairments up again
DUBAI – First Abu Dhabi Bank, the United Arab Emirates’ biggest lender, reported a 25% fall in quarterly profit on Tuesday, dragged down by another quarter of higher impairment charges. Its …
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Coronavirus news bulletin from UAE: 47 infected…
Here’s a round-up of all the latest Covid-19 developments you need to know: 47 infected with Covid-19 after family gatherings in UAE A top UAE government official has warned against hosting gatherings …
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Sharjah, Ajman property markets see moderate decline in H1
Even with a global pandemic dominating the first half, the Sharjah and Ajman property markets were only moderately impacted and remained affordable for prospective buyers and tenants, according to UAE …
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Amir Khan set to join top sports stars who call Dubai their home
Star British boxer visits Dubai Sports Council to discuss his future plans, which include opening an academy here and a possible swansong against …
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Sharjah Police prepare safety plan for Eid Al Adha
With the aim of strengthening public and traffic safety measures, Sharjah Police has laid out detailed security plans ahead of Eid Al Adha in the presence of senior police officers. Brigadier General …
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UAE residents warned against divulging bank details, personal information to random callers
Have you received a call from someone claiming to be a bank representative and asking you for your personal information? Well, beware! Senior Prosecutor Dr Khalid Ali Al Junaibi said while the level …
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HashCash Consultants Listed as the Top Blockchain Development Company in UAE
A global research firm has listed HashCash Consultants as the top blockchain development company in UAE through an industry survey acknowledging the company’s extensive range …
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Four infiltrators arrested in Sharjah’s Alqurm area
The Environment and Protected Areas Authority in Sharjah has arrested four infiltrators of the Alqurm Protected Area, located in the coastal areas of Kalba city. The infiltrators were apprehended for …
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Coronavirus news bulletin from UAE: 47 infected after family gatherings; ‘social distancing in Eid is national duty’; 200K tests in Abu Dhabi
Here’s a round-up of all the latest Covid-19 developments you need to know: 47 infected with Covid-19 after family gatherings in UAE A top UAE government official has warned against hosting gatherings …
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UAE Government warns against large Eid Al-Adha family gatherings
Health authorities have revealed that 47 cases of Covid-19 had been recorded in just five families, who were attending family events …
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Abu Dhabi conducts 200,000 Covid-19 tests in residential areas in 1 month
The initiative eases the burden of visiting testing centres on the elderly and vulnerable citizens and residents.
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Indian girl, 14, falls to death from Sharjah apartment, parents unaware until police arrived
Sharjah: A 14-year-old Indian girl, one of the twin daughters of a Keralite couple, died after falling from their apartment building in Sharjah in the early hours of Sunday, Sharjah Police told Gulf …
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UFC on ESPN 14: Official scorecards from Fight Island in Abu Dhabi
See the top Twitter reactions to Fabricio Werdum’s first-round finish of Alexander Gustafsson at UFC on ESPN 14. Carla Esparza added to the best winning streak of her UFC career when she put the first …
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Sharjah teen’s fall to death: Parents last saw her watching TV
A passer-by saw the body and informed the police. “Initial investigations and interrogation of the family do not point to suicide as the cause of death. It could have been an accident. The case has …
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180 police patrols to keep Sharjah safe during Eid Al Adha holidays
As many as 180 patrols have been deployed by the Sharjah Police to ensure safety and security before and during the Eid Al Adha holidays. The police have readied a comprehensive action plan for the …
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Indian girl, 14, falls to death from Sharjah apartment, parents unaware till police arrived
Sharjah: A 14-year-old Indian girl, one of the twin daughters of a Keralite couple, died after falling from their apartment building in Sharjah in the wee hours of Sunday, Sharjah Police told Gulf …
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