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Posted on 12/05/2020

Combating coronavirus: UAE businesses seek VAT waiver for a year to stimulate demand

Private and family owned businesses in the UAE have requested the government to waive off value-added tax (VAT) for six months to one year in order to help stimulate demand in the economy. A letter …
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Posted on 12/05/2020

UAE e-commerce sector thriving during pandemic: Euromonitor study

E-retail companies in the UAE have succeeded despite the challenges of high demand due to the spread of Coronavirus (Covid-19) and disruption of supply chain worldwide, said the Dubai Chamber of …
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Posted on 12/05/2020

1,000 food baskets handed out to the poor in UAE

Dar Al Ber Society branch in the emirate of Ras Al Khaimah has contributed up to 1,000 baskets containing 20 different food items to the poor and low-income people in Ras Al Khaimah. Ali Abdullah Al …
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Posted on 12/05/2020

Coronavirus: Goans in the UAE seek direct repatriation flights to their state

Stranded Indians from Goa have sought direct repatriation flights to their state in India. Hundreds of them from the country’s southwestern coast have registered with Indian missions in the UAE to …
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Posted on 12/05/2020

Dubai businesses ask for more state help to survive coronavirus

Dubai’s private sector has proposed new government interventions including state subsidised loans, assistance in covering salaries and lower taxes, to help businesses survive the economic fallout from …
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Posted on 12/05/2020

Al Mazaya Holding unit sells Dubai property for $21m

A major player in the region, Al Mazaya provides a wide spectrum of real estate products and services – from purchasing, apportionment and developing of large areas in select zones to offering …
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Posted on 12/05/2020

RTA Dubai achieve new records, saving 45 million gallons of water, 30 million litres of fuel

Dubai’s Roads and Transport Authority (RTA) has revealed record-breaking results thanks to its green initiatives in 2019, not only saving in water, fuel and electricity, but also reducing its carbon …
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Posted on 12/05/2020

UAE Bank Opens Bangladesh Remittance Corridor Using Ripple’s Blockchain Tech

United Arab Emirates-based retail and business bank RAKBank is expanding its remittance routes to Bangladesh using Ripple’s blockchain technology.
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Posted on 12/05/2020

Dubai turns world’s tallest building into coronavirus charity box

The world’s tallest building, Dubai’s 828-metre Burj Khalifa, has become a glowing charity donation box, raising money for food for United Arab Emirates residents suffering the economic impact of the …
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Posted on 12/05/2020

Coronavirus: UAE announces 783 new Covid-19 cases, 631 recoveries, 2 deaths

The Ministry of Health and Prevention on Tuesday announced 783 new cases of the Covid-19 coronavirus. 631 cases of recovery and two deaths were also announced. The UAE has been seeing a steady rise in …
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Posted on 12/05/2020

Al Mazaya’s unit sells property in Dubai for $21mln

A UAE-based subsidiary of Al Mazaya Holding has signed a contract for the sale of a property in Dubai, with the price value to be paid in cash and in-kind. Upon completion of the sale procedures, the …
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Posted on 12/05/2020

COVID-19: Emirates announces limited inbound flight operation for stranded UAE residents

Etihad airways has already started limited inbound flights from various countries Dubai: Emirates airline has announced to operate limited inbound flights to bring back stranded UAE residents from …
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Posted on 12/05/2020

Majid Al Futtaim to open Sharjah’s biggest mall in March

Majid Al Futtaim’s decision comes in the light of the global disruption in the retail sector due to the Covid-19 pandemic. The additional months will allow all of City Centre Al Zahia’s tenant …
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Posted on 12/05/2020

UAE reports 783 new coronavirus cases, two deaths

Abu Dhabi: The UAE has announced 783 new COVID-19 cases and two deaths on Tuesday. The Ministry of Health and Prevention in UAE said the new coronavirus cases were detected through 32,000 tests …
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Posted on 12/05/2020

UAE Mission, IRENA to co-host inaugural ‘Renewables Talks’ with virtual webinar on May 13

More than 100 participants are expected to dial in for the webinar, which will also be overseen by IRENA’s Director-General, Francesco La Camera …
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Posted on 12/05/2020

COVID-19 reality: Summer will be the time when UAE job losses spike

Nearly 40 per cent of UAE businesses in a survey confirmed they asked employees to take unpaid leave after the effects of the COVID-19 outbreak started crippling commercial activity last month. And a …
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Posted on 12/05/2020

Shocked Pakistani, Syrian expats share Dh1 million prize in UAE

Two UAE residents from Syria and Pakistan each took Dh500,000 home after matching five out of six numbers in last week’s Emirates Loto draw, sharing the Dh1 million prize. Rojeh Alfreh, a 35 year-old …
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