DEWA uses the latest smart and advanced technologies to provide a new experience that simulates reality during the two 3D exhibitions, for visitors and exhibitors from all over the world to participat …
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Climate change to make solar less reliable as the sunniest parts of the world become cloudier
Climate change could make solar panels less reliable as it increases cloud cover in the sunniest parts of the world, researchers warn. While solar in some areas is set to benefit, higher temperatures, …
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The Omega Dubai Moonlight Classic Set To Kick Off Middle East Swing
While coronavirus travel restrictions have scuttled the best laid plans of multiple overseas golf tournaments, this year’s OMEGA Dubai Moonlight Classic at Emirates Golf Club is all set to tee off …
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Nakheel’s 800-room Riu Dubai hotel at Deira Islands to open in Dec ’20
Master developer Nakheel’s 800-room joint venture with Spain’s RIU Hotels & Resorts – Riu Dubai – is set to open in December 2020 at Deira Islands, bringing a new hospitality concept to Dubai and …
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Israel’s Parliament to Ratify UAE Deal on Monday, Netanyahu Says
Israeli Prime Minister Benjamin Netanyahu announces a peace agreement to establish diplomatic ties, between Israel and the United Arab Emirates, during a news conference at the prime minster office in …
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Israel and UAE to cooperate in space technology
Minister of Science and Technology Yizhar Shai spoke with his UAE counterpart Sarah Amiri earlier today in a video meeting. Amiri used the opportunity to invite Israel to participate in a space …
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COVID-19: Two business establishments in Dubai fined for violating health protocols
Dubai: The daily field inspections by Dubai Economy (DED) have resulted in strict adherence to health and safety protocols as only two shops were given fines while 748 businesses in Dubai were found …
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Most major Gulf markets little changed; Air Arabia lifts Dubai
Major stock markets in the Gulf were little changed in early trade on Thursday, with Air Arabia helping the Dubai index stay in positive territory.
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Standard Chartered cutting more than a hundred jobs in the UAE
Standard Chartered Plc is cutting more than one hundred jobs in the United Arab Emirates, the latest effort by the lender to shrink costs globally. The reductions will center on the lender’s retail …
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Commercial Bank of Dubai Is Said to Plan Bond After 5-Year Break
Commercial Bank of Dubai PSC is looking to follow the emirate’s government in returning to global debt markets with a plan to sell dollar-denominated bonds after a hiatus of almost five years, …
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UAE Company Nears End of Chinese Covid-19 Vaccine Trial
A United Arab Emirates company is nearing the end of Phase III clinical trials of a Chinese COVID-19 vaccine and hopes to manufacture it next year, a representative said. The trial, which began in mid …
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Dubai goes virtual to attract more Japanese investors into vital sectors
The Dubai I Development Agency (Dubai FDI), an agency of Dubai Economy, is chasing potential investors and partners from Japan after initiating a series of webinars to hi …
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Tel Aviv, Abu Dhabi Stock Exchanges in Talks After Historic Pact
The stock exchanges of Tel Aviv and Abu Dhabi have opened cooperation talks, following the signing of a landmark normalization accord between Israel and the United Arab Emirates.
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S&P expects Dubai’s debt load to worsen, doesn’t see pre-pandemic recovery until 2023
“Rating agencies are in an awkward position when it comes to Dubai,” Nasser al-Shaikh, a former head of Dubai’s finance department, told CNBC. Al-Shaikh rejects the agencies’ numbers. “With it being …
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How bowlers are dealing with the conditions in Sharjah
That’s the kind of feeling I’m getting while watching IPL games in Sharjah this season. The number of runs scored here suggest there isn’t a foolproof plan to restrict batsmen in these conditions, but …
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UAE gets a peer-to-peer payments app that lets you split bills with friends
Dubai resident Becky Jefferies … “We see our future in autonomous finance, or self-driving money, where users essentially park their money in Ziina,” Mr Toukan says. Self-driving finance is a …
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Top 10 UAE commercial banks see profits drop by 38.9%
The UAE’s top 10 listed commercial banks saw profits decrease by an average of 38.9 percent in the first half of 2020, due to the double challenge of low interest rates and low oil prices, according …
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