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Posted on 16/09/2020

Dubai’s DP World to bid for Haifa Port in partnership with Israeli firm

Dubai’s DP World said on Wednesday it is partnering with an Israeli group to bid for one of Israel’s two main ports and possibly open a direct shipping line between the two Middle East states. The …
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Posted on 16/09/2020

Dubai Business Events Stakeholder Committee

Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has formed a new Business Events Stakeholders Committee …
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Posted on 16/09/2020

Dubai gyms, shops in malls fined for Covid-19 violations

As part of daily inspections, Dubai Economy fined 12 establishments, including gyms, business in malls and sewing shops, for flouting Covid-19 rules.  In a tweet Dubai Economy stated that 12 …
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Posted on 16/09/2020

Coronavirus: 12 businesses in Dubai receive fines as staff and customers flout Covid-19 rules

Shops, tailors and sports facilities located in Dubailand were among those fined and cautioned by Dubai Economy …
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Posted on 16/09/2020

UAE Signals It’ll Atone For Pumping Too Much Oil in July, August

The United Arab Emirates sent a fresh signal it will make up for pumping too much oil in the past two months, as crude prices come under renewed pressure from sagging energy demand and rising …
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Posted on 16/09/2020

UAE-based Farnek wins 3-year contract from Dubai Developments

Dubai Developments is a privately held development company established by His Highness Shaikh Hamdan Bin Rashid Al Maktoum, the UAE minister of finance and deputy ruler of Dubai.
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Posted on 16/09/2020

Analysis: UAE and Saudi FX Traders Investing the Most

Where are FX Traders Investing the most? The Most Diverse Audience to Date at FMLS 2020 – Where Finance Meets Innovation The first thing that catches the eye is the closest proximity in a year of all …
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Posted on 16/09/2020

Bahrain, UAE deals urge resolving Palestinian issue, but don’t specify 2 states

White House finally releases texts of treaties Israel signed with Abu Dhabi and Manama, and trilateral Abraham Accords; no mention made of Israeli sovereignty at Temple Mount …
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Posted on 16/09/2020

Abu Dhabi investor surprises Israelis, interested in Jerusalem soccer club

Despite — or because of — the racist attitude of Beitar Jerusalem’s fan club, an Abu Dhabi investor is now interested in investing in the soccer team and developing coexistence.
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Posted on 16/09/2020

UAE and Bahrain break with other Arab nations to recognize Israel

President Trump hosts signing of agreements under which Bahrain and the United Arab Emirates recognize Israel, only the third and fourth Arab countries to do so.
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Posted on 16/09/2020

Mideast Stocks: Most shares rise; Dubai index shines on property boost

Major stock markets in the Gulf region rose in early trade on Wednesday, with Dubai shares leading the gains, buoyed by a jump in property shares. Saudi Arabia’s benchmark index rose 0.4%, led by a 2.
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Posted on 16/09/2020

Most shares rise; Dubai index shines on property boost

(Reuters) – Major stock markets in the Gulf region rose in early trade on Wednesday, with Dubai shares leading the gains, buoyed by a jump in property shares. Saudi Chemical Company 2230.SE extended …
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Posted on 16/09/2020

UAE tech sector needs to get hiring right

Billions of dirhams worth of projects are channelled by the government to large private companies each year, whether related to infrastructure needs or to do with technology investments. These private …
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Posted on 16/09/2020

Artificial Intelligence to take over Dubai bus routes

Buses around Dubai are about to get (artificially … “As buses cover about 153 million km per annum, the technology is set to bring about considerable savings in fuel consumption and the reduction of …
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Posted on 16/09/2020

DP World and Dubai Customs to explore opportunities in trade links between UAE and Israel

MoUs signed to explore development of ports, free zones and trade infrastructure Dubai: DP World … processes and Drydocks World will explore business opportunities with Israel Shipyards on …
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Posted on 16/09/2020

2 engineers found dead with multiple stab wounds in Sharjah

Two Sudanese engineers were found dead with multiple stab wounds in a caravan located near an under-construction mosque in Sharjah. The Sharjah Police have launched a probe into the deaths. They found …
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Posted on 16/09/2020

Sharjah Museums Authority brings museums to inmates

Scheme aims to reform offenders and help them adapt eventually to life outside prison Sharjah: Prisoners in Sharjah jails will have the chance to explore of culture and education as objects from …
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