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Posted on 20/07/2020

The UAE successfully launches Mars probe, making history for the Arab world

The U.S. and China are also launching their own Mars missions — expected to reach the planet’s orbit around the same time as the Hope probe.
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Posted on 20/07/2020

Dubai Builders Worse Off Than Abu Dhabi Peers, Moody’s Says

Abu Dhabi real estate companies will face less severe headwinds from the double whammy of the coronavirus pandemic and lower oil prices than those in neighboring Dubai, Moody’s Investors Service said.
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Posted on 20/07/2020

Abu Dhabi’s non-oil foreign trade reaches Dh80.23bn in first five months of 2020

Saudi Arabia retained its position as the emirate’s top trading partner, with a total trade value of Dh17.91bn Abu Dhabi’s non-oil foreign trade in the first five months of 2020 reached Dh80.23 …
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Posted on 20/07/2020

UAE Joins Growing List Of Nations That Have Sent Spacecraft To Mars

It’s the country’s first interplanetary space shot. “The UAE is now a member of the club and we will learn more and we will engage more and we’ll continue developing our space exploration program,” …
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Posted on 20/07/2020

Coronavirus: Four more museums reopen in Sharjah

Attractions include Sharjah Fort, Maritime, Classic Cars and Al Mahatta Museums Sharjah: Sharjah Museums Authority (SMA) has announced that four more of its attractions have reopened their doors …
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Posted on 20/07/2020

The UAE has successfully launched the Arab world’s first Mars mission

The United Arab Emirates successfully launched its Mars-bound Hope Probe on Sunday, marking the the Arab world’s first interplanetary mission — and the first of three international missions to the …
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Posted on 20/07/2020

Abu Dhabi Builders Face Less Problems Than Dubai’s, Moody’s Says

Abu Dhabi real estate companies will face less severe headwinds from the double whammy of the coronavirus pandemic and lower oil prices than those in neighboring Dubai, Moody’s Investors Service said.
( read original story …)


Posted on 20/07/2020

Dubai’s Biggest Bank Profit Slumps After $1.1 Billion Provisions

Emirates NBD PJSC first-half profit slumped 45% after it set aside $1.1 billion in provisions to cover an expected spike in bad loans brought on by the coronavirus pandemic.
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Posted on 20/07/2020

Dubai Chamber Launches Task Force To Analyze And Tackle The Issue Of Late Payments In The UAE

Launched under the banner of Dubai Chamber’s Sustainability Network, the Task Force on Prompt Payment Practices for Subcontractors and Suppliers is set to explore the causes behind late payments, …
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Posted on 20/07/2020

UAE successfully launches Hope probe, Arab world’s first mission to Mars

Amal in Arabic, joins China and US in race to red planet …
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Posted on 20/07/2020

UAE’s historic first Mars mission launches from Japan

The United Arab Emirates’ launched the Arab world’s historic first interplanetary mission to Mars from Japan on Sunday evening.
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Posted on 20/07/2020

Watch live: UAE to launch historic mission to Mars

The United Arab Emirates’ historic first science mission to Mars is scheduled for launch from Japan on Sunday evening.
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Posted on 19/07/2020

Dubai real estate fund considers de-listing amid sector downturn

The real estate sector in Dubai has been sluggish for years, due to a chronic oversupply of homes coupled with weak economic growth, a problem now exacerbated by the coronavirus crisis.
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Posted on 19/07/2020

Emirates REIT May Scrap Listing on Nasdaq Dubai

Emirates REIT will start a comprehensive review of its strategic options, including a potential de-listing from Nasdaq Dubai.
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Posted on 19/07/2020

Dubai road accident kills four, injures 11

Dubai Police has revealed that the accident happened after the lorry broke down on the third lane of Emirates Road, near Al Nadha bridge, and the driver attempted to pull over, when it was hit by the …
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Posted on 19/07/2020

Japan rocket carrying UAE Mars probe ready for Monday launch

IIA rocket carrying a United Arab Emirates Mars spacecraft has been placed on the launch pad for Monday’s scheduled liftoff for the Arab world’s first interplanetary mission, officials said Sunday.
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Posted on 19/07/2020

UAE- 8 held in Sharjah for selling fake gold coins

The Sharjah Police have busted a gang of eight for allegedly selling fake gold coins as genuine ones. The Asian suspects were caught red-handed during a raid, the police said. The police managed to …
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