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Posted on 14/09/2020

UPDATE 1-ADNOC completes $1 bln institutional placement for distribution business

State-run Abu Dhabi National Oil Company (ADNOC) said on Monday it had completed a placement to institutional investors of 10% in its subsidiary ADNOC Distribution’s total share capital, or 1.25 …
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Posted on 14/09/2020

New Portugal Passport Collection Centres open in Abu Dhabi and Dubai

Managed and operated by VFS Global, the centres deliver newly issued passports to Portuguese citizens from 16 August 2020 …
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Posted on 14/09/2020

Jacky’s opens new showroom at Deira City Center

The opening of the retail outlet at one of Dubai’s busiest shopping venues … Tolani added that the opening of the Deira City Centre store is part of the company’s plan to grow its retail …
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Posted on 14/09/2020

Abu Dhabi’s Khalifa Port set to open first phase of major expansion plan

First phase will be ready for completion in early 2021 despite the impact of coronavirus, says Abu Dhabi Ports …
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Posted on 14/09/2020

UAE-Israel Treaty Doesn’t Wind Things Up Right Away

The treaty Israel and the United Arab Emirates will sign this week won’t fully normalize ties, but will be the start of a yearlong process that could protect the Gulf nation’s interests as it lobbies …
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Posted on 14/09/2020

Egyptian teacher in Sharjah fears for children’s future after losing sight and job

Sharjah: A long-time Egyptian teacher in Sharjah fears for his children’s education after losing his sight and job. Hussein Abdelaal, 49, was an English teacher in public schools in the UAE from 1999 …
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Posted on 14/09/2020

UAE’s jewellery retailers are cashing in by selling their excess gold stocks

With demand down by 60-70%, retailers use their unsold stocks to pay off debt Dubai: UAE’s shoppers are staying away from jewellery stores after gold prices touched record highs – but that doesn’t …
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Posted on 14/09/2020

UAE weather: High humidity with a chance of fog formation in Abu Dhabi

The relative humidity is expected to increase at night and early morning on Tuesday Dubai: UAE residents can expect high humidity, especially at night, with a chance of fog formation in Abu Dhabi.
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Posted on 14/09/2020

Covid-19: Dubai Tourism closes 4 establishments and issues final warnings to 19 more

The Department of Tourism and Commerce Marketing (Dubai Tourism) has closed four establishments, suspended the permits of 14 more and issued final warnings to another 19 companies for non …
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Posted on 14/09/2020

Dubai’s Emirates offers Dhs150 Covid tests at American Hospital branches

Dubai airline Emirates has announced that its passengers can take a Covid-19 PCR test at a reduced rate of Dhs150 at certain hospitals in the emirate. The offer is available at American Hospital …
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Posted on 14/09/2020

Dubai’s property market needs a repurposing

Changes to zoning laws and of property use will bring about a revival William Hogarth, a keen observer of London and who saw it descend into madness after the South Sea Bubble in 1721, came up with an …
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Posted on 14/09/2020

Dubai Police arrest man for ‘dancing indecently’ in viral video at local cafe

A man in Dubai has been arrested for dancing “indecently” in a viral video taken at a local café, Dubai Police announced on Sunday. Police said they charged the man under the “committing public …
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Posted on 14/09/2020

Covid-positive Dubai expat comes back from ‘brink …

Dubai resident Sanil Kumar has got a new lease of life after being hospitalised for over three months battling Covid-19.
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Posted on 14/09/2020

Interview: Sharjah’s Shurooq bets on big growth backed by $2bln project portfolio

Investment and development authority pledges to drive economic diversification through projects including hotels, shopping malls, luxury apartments, and nature inspired tourism …
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Posted on 14/09/2020

MIDEAST STOCKS-Qatar leads most of Gulf higher; Abu Dhabi dips

The deal comes amid a flurry of debt issues, as Gulf borrowers – particularly governments – seek to plug finances that have been hit by the double blow of the coronavirus pandemic and lower oil prices …
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Posted on 14/09/2020

Abu Dhabi $5bln multi-tranche bonds listed on ADX

ABU DHABI: The Abu Dhabi Securities Exchange Sunday started listing of the Emirate of Abu Dhabi Global Medium Term Note Programme total amount of US$5,000,000,000 in three tranches. The listing, …
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Posted on 14/09/2020

Abu Dhabi-based Etihad Airways to resume flights to Casablanca, Rabat

Etihad Airways, the national airline of the UAE, will resume passenger flights from Abu Dhabi, UAE, to Casablanca and Rabat in Morocco. Effective September 19, the airline will operate return flights …
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