The global economy is likely to recover from this year’s virus-driven recession with 5% growth in 2021, according to Abu Dhabi’s $220 billion wealth fund.The most likely outcome following the economic …
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Dubai May Lose 30% of Hotel Jobs on Virus, STR Global Says
Dubai’s hotel occupancy has plummeted since the outbreak of the coronavirus and about 30% of workers in the industry will probably lose their jobs, according to research firm STR Global.
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Lamprell wins key EPIC contract in Sharjah
UAE-based Lamprell has been selected by Sharjah National Oil Corporation (SNOC) to undertake a medium-sized engineering, procurement, installation and commissioning (EPIC) contract associated with the …
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Solar Panels market worldwide is projected to grow by US$37.9 Billion
Reportlinker.com announces the release of the report “Global Solar Panels Industry” – Poised to reach over US$19.5 Billion by the year 2025, Mono-crystalline Solar Panel will bring in healthy gains …
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Abu Dhabi’s Wealth Fund Sees U-Shaped Global Rebound Next Year
The global economy is likely to recover from this year’s virus-driven recession with 5% growth in 2021, according to Abu Dhabi’s $220 billion wealth fund.
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Prince Hamzah Hospital switches to sustainable lighting under UAE initiative
Prince Hamzah Hospital on Wednesday announced the completion of a project to instal sustainable lighting solutions under the UAE humanitarian initiative “20 by 2020”, implemented by the Zayed …
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Citing COVID uncertainty, India’s ACME Solar cancels deal to supply power at record low tariff
India’s ACME Solar has cancelled a contract with state-run Solar Energy Corp of India (SECI) to supply power at the country’s lowest tariff due to project delays and uncertainty over the coronavirus, …
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UAE Develops a Rapid Coronavirus Laser Testing Technology
Laser beam technology identifies the virus as soon as blood cells are infected Camera detects morphological change in blood cells Tests and instant results can be provided in public places Introducing …
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Coronavirus: Without renewable energy, we cannot build the world anew
Seeing through the global energy transition in time to avoid cataclysmic climate change requires intensified international co-operation …
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Coronavirus: Charities provide for six Sharjah siblings who lost both parents to COVID-19
Siblings who lost both parents now have accommodation and schooling covered Sharjah: Charities have lept to the aid of six Sharjah siblings orphaned after their parents died of coronavirus within 23 …
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Dubai May Lose a Third of Hotel Jobs as Virus Devastates Tourism
Dubai’s hotel occupancy has plummeted since the outbreak of the coronavirus and about 30% of workers in the industry will probably lose their jobs, according to research firm STR Global.
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Four Dubai Startups Providing Solutions Catered To Tackling The Coronavirus Pandemic
A look at the startups under the umbrella of startup incubator in5 that have been bringing forth innovations to ensure the safety and wellbeing of people in the UAE amid efforts to curb COVID-19.
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MIDEAST STOCKS-Egyptian stocks dip on coronavirus restrictions, FAB boosts Abu Dhabi
Egyptian shares fell sharply on Wednesday amid the tightening of coronavirus restrictions, but major Gulf equity markets were higher, with Abu Dhabi’s index rising the most on the back of First Abu …
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The COVID-19 impact: Property sales in Dubai drops by about 50%
The decline in real estate values in Dubai accelerated in April while sales of apartments and villas dropped by about 50 percent due to the coronavirus pandemic. The monthly decline for residential …
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Coronavirus: UAE develops rapid laser technology for virus detection
The United Arab Emirates has developed a rapid laser technology to detect the coronavirus as soon as it enters the blood cells, official WAM news agency reported on Tuesday. Read the latest updates in …
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Sharjah Holding to deploy driverless car at Al Zahia community
Sharjah Holding, a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management, has announced a collaboration between the Al Zahia community and the Ministry of Health and …
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Is this the right time to invest in property? Experts weigh in
However, for the seasoned investor, this could be just the right time to grab some property in the UAE. Why miss a clear opportunity to come out of the pandemic with a top-tier asset bought at a heavy …
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