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Posted on 28/09/2020

UTI AMC IPO to open on September 29: Here are 10 key things to know

UTI Asset Management Company is going to open its initial public offering on September 29. The anchor book will open for subscription for a day on September 28 and the issue will close on October 1.
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Posted on 28/09/2020

2020 an exceptional year for UAE: Sheikh Mohammed

The UAE has topped 121 indicators globally and 479 regionally in 2020, even as the world fights the Covid-19 pandemic. The Emirates also features among the top 10 countries in 314 indicators, …
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Posted on 28/09/2020

UAE weather: Dubai and Abu Dhabi could have foggy start to Monday

Dubai and Abu Dhabi could see a misty start to Monday and Tuesday. The weather is expected to be fair in general with some clouds appearing by the afternoon. Monday night is expected to be humid with …
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Posted on 28/09/2020

Sharjah tower fire: Four months on, Abbco residents still await rent compensation

Building management says it’s still waiting for insurance company to revert on damages Sharjah: Four months after a fire at the Abbco Tower in Sharjah, tenants of the building say they are yet to …
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Posted on 28/09/2020

Most major Gulf markets end higher; Dubai eases

Most major Gulf markets ended higher on Sunday, with petrochemical shares boosting the Saudi index, while Dubai bucked the trend close lower.
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Posted on 28/09/2020

Dubai’s Dragon Mart launches e-commerce platform

With the shift to e-commerce purchases gathering pace among consumers, dragonmart.ae will bring key benefits to the UAE’s SME sector. More than 30 per cent of items purchased fr …
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Posted on 28/09/2020

Russia’s Khabib is back in Abu Dhabi’s Fight Island

Khabib Nurmagomedov, the unbeaten UFC lightweight champion, landed Fight Island in Abu Dhabi to support his teammate taking part in the UFC 253. The Russian star was in the corner of Zubaira Tukhugov.
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Posted on 28/09/2020

Abu Dhabi medics carry out free cleft surgeries to help children smile

A major Abu Dhabi hospital carried out surgeries on eight children who suffered from cleft lip and cleft palate conditions. Cleveland Clinic Hospital in Abu Dhabi and Operation Smile UAE, a charity …
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Posted on 28/09/2020

NMC placed into administration in UAE

NMC has been placed into administration in the United Arab Emirates, allowing the troubled hospital group to meet September salaries by securing an additional $325m in funding. During online hearings …
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Posted on 28/09/2020

Over 300K people, 10K SMEs benefit from UAE central bank stimulus

More than 300,000 individuals in the UAE have benefited from the central bank’s Dh256 billion capital and liquidity buffers to help the economy to cope with the consequences of the Covid-19 pandemic, …
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Posted on 27/09/2020

Conrad makes Abu Dhabi debut with Etihad Towers

One of Abu Dhabi’s most prestigious hotels, Etihad Towers, will be rebranded on October 1 following the signing of a management agreement between Hilton and Sheikh Suroor Bin Mohammed Al Nahyan. The …
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Posted on 27/09/2020

Sheikh Mohammed: UAE will send the first Arab mission to the moon by 2024

The UAE will send the first Arab mission to the moon by 2024, it was announced on Saturday as part of the Mohammed bin Rashid Space Centre 2021-2031 strategy launch. His Highness Sheikh Mohammed bin …
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Posted on 27/09/2020

UAE- How Smart Wearables Are Contributing Towards Your Fitness And Well-Being: HUAWEI WATCH FIT Does More Than That

With the wide variety of smart devices surrounding us today there is no doubt we live in a connected digital era. Apart from smart phones, which act as a nexus point, one of the most popular smart …
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Posted on 27/09/2020

Coronavirus: Sharjah schools reopen with 25% capacity

More than 20,000 students of Sharjah private schools returned to school on Sunday after the strict implementation of Covid-19 precautionary measures.”The first day of the school was smooth and all …
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Posted on 27/09/2020

With restrictions eased, Dubai exports increase

The value of exports of Dubai Chamber of Commerce and Industry members soared 7.4 per cent to exceed Dh45 billion between June and August 2020 compared to the previous three-month period in the wake …
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Posted on 27/09/2020

Prison sentence for British father and son in Dubai for Dh8 million scam

A third defendant has been cleared by Dubai Court of Misdemeanour Dubai: A British man and his father have been sentenced to three years in prison each and fined Dh14 million for scamming a dozen …
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Posted on 27/09/2020

Coronavirus: Mixed emotions as students in Sharjah step into school campuses again

Schools in Sharjah welcomed students on campus for their first socially-distanced classes. Children were brought in by parents or were seen getting off from school buses with a series of safety …
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