Dubai Municipality also issued fines to 17 businesses, warnings to 42 others Dubai: Authorities have closed down a gaming centre in Dubai for breaking COVID-19 protocol and hosting a birthday party …
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Dubai gold and diamonds March-June trade hits $18bn
Statistics released by Air Customs Center Management at Dubai Customs show that the diamond and gold trade from March 1 to end of June comprised AED35.6 billion of imports (428.8 …
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Dubai take action against nine sports facilities for non-compliance with COVID-19 protocols
DUBAI – Teams from Dubai Sports Council and Dubai Economy have taken action against nine facilities for violating COVID-19 precautionary measures and safety guidelines following intensified …
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Saudi Arabian supermarket operator BinDawood may price IPO at top of range
Saudi Arabian supermarket operator BinDawood Holding may price its initial public offering (IPO) at the top of its range after a bookrunner note said investors bidding below 96 Saudi riyal ($25.60) …
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S&P Global Ratings to discuss Islamic finance sector outlook
We would like to offer our sincere thanks to DIFC, DIEDC, and GIES for their partnership and support, but most importantly for leading the advancement of the Islamic finance industry here in the UAE. …
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Dubai Economy Shut Down a Café and Issues 7 Fines and 5 Warnings for Violation of COVID-19 Guidelines
Following the inspections, Dubai Economy in co-operation with Dubai Tourism … including retail stores and a grocery as well as outlets trading in building materials and ready-made garments. Lack of …
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Crypto News Recap: All Eyes on Dubai at this Year’s 5th Edition of Global Blockchain Congress
Bitcoin is still at bull run attempt as the prices hovered around $11,000. Trading Now at $10,957.74, the main coin recovered and hit the highest point …
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Abu Dhabi-backed ADQ now owns 22.25% stake in logistics firm Aramex
Abu Dhabi Developmental Holding Company’s (ADQ) Alpha Oryx now owns 22.25 percent stake in courier giant Aramex. The global provider of logistics and transportation solutions confirmed the acquisition …
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First Abu Dhabi Bank hires banks for dollar bonds – document
First Abu Dhabi Bank (FAB), the largest lender in the United Arab Emirates, has hired banks to arrange an investor call ahead of an issuance of U.S. dollar-denominated bonds, a document showed. DUBAI, …
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Abu Dhabi’s Adnec in deal with Reed Expo to buy top security event
UAE – The Abu Dhabi National Exhibitions Company (Adnec), part of ADQ, has acquired the International Exhibition for National Security and Resilience (ISNR Abu Dhabi). A leading conference in Middle …
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Grand Hyatt Abu Dhabi extends staycation offer until end of the year
It’s been all about staycations in Abu Dhabi this summer. And keeping the good times rolling, one of Abu Dhabi’s top hotels has extended its staycation offers until the end of the year. Grand Hyatt …
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Abu Dhabi’s ADNOC signs agreement with Mubadala, ENEC to partner on its In-Country Value programme
The ICV programme has already driven more than Dhs44bn ($12bn) back into the UAE’s economy and created over 1,500 private-sector jobs for Emiratis.
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Is now a good time to buy property?
Chris Speller, group director of real estate exhibitions specialist Cityscape, has a simple message for those thinking of purchasing property in Dubai: “If you can afford it, now is a good time to buy …
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UAE issues alert for iPhone users
In a notice to Apple device users in UAE, TRA said that if you notice that the sign appears even though the app does not need it, it means that the app is trying to access the camera or microphone …
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Revealed: the cost of keeping UAE schools safe amid coronavirus pandemic
Taaleem, the education group managing 13 schools with more than 13,700 students across the UAE, has seen a large rise in expenses related to its efforts to make classes safe amid the ongoing …
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Days after Accord, UAE businesses are already pushing ahead with Project Israel
It was earlier in the year that the Israel Government gave the go-ahead for the privatization, a process that could be completed within the next two years. Leading UAE banks have also found partners …
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Dubai free zone expands business support scheme as coronavirus continues to bite
Dubai Multi Commodities Centre (DMCC) has announced it is extending its business support package until October 20 as the impact of coronavirus on the UAE economy continues to bite. The original …
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