ADDA has aligned its projects with the UAE’s federal Blockchain strategy, which aims to conduct 50 per cent of the nation’s government transactions using Blockchain by 2021. As ADDA was facing …
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Online Learning Accelerates in United Arab Emirates Amid COVID-19 Outbreak with Ankabut, Mediasite Partnership
The use of video learning is rapidly increasing in the Middle East due to a new partnership between Mediasite and Ankabut, the United Arab Emirates’ Advanced National Research and Education Network …
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Jumia: The e-commerce start-up that fell from grace
Online retailer Jumia is struggling, a year after its debut on the New York Stock Exchange.
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ADPower announces lowest tariff for solar power in the world
Power Corporation (ADPower) has announced the world’s lowest tariff for solar power, set at a record Dh4.97 fils/kWh or $1.35 …
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20,000 staff of Abu Dhabi malls tested for Covid-19
All staff members must secure a certificate of negative results before they resume work and prior to the stores’ reopening.
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Opinion: What Dubai’s real estate market really needs
But Covid-19 has changed the real estate industry with a sudden, merciless force; one that can only be compared to a dormant volcano’s unforeseen eruption. It’s brought with it an economic uncertainty …
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UAE banks face write-downs of between 25%-50% on NMC debt – sources
Banks in the United Arab Emirates (UAE) with exposure to troubled hospital operator NMC Health risk having to make provisions for between 25% to 50% on more than $2 billion of outstanding debt to the …
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Abu Dhabi Lays Claim To World’s Cheapest Solar Power, After Revealing Bids For 2GW Mega-Plant
Abu Dhabi Power Corporation (ADPower) says it has secured the world’s lowest tariff for a solar power plant, as it moves ahead with a planned 2GW solar photovoltaic (PV) project in the Al Dhafra …
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Combating coronavirus: 20,000 staff of Abu Dhabi malls tested for Covid-19
All staff members must secure a certificate of negative results before they resume work and prior to the stores’ reopening.
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Middle East and Africa (MEA) Wi-Fi as a Service (WaaS) Market Projected to Grow $1,094 Million by 2025
This press release was orginally distributed by SBWire Northrook, IL — ( SBWIRE) — 04/28/2020 — According to a research report ” Middle East and Africa (MEA) Wi-Fi as a Service (WaaS) Market by …
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UAE property portal Bayut’s parent EMPG secures $150mln funding
Going forward, EMPG will also operate OLX’s platforms in Pakistan, Saudi Arabia, Bahrain, Kuwait, Qatar and Oman, and the dubizzle platform in the UAE. “We will be making significant technology …
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Dubai at Risk as Coronavirus Poses Shock to U.A.E. Economy, Says Moody’s
Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus in the United Arab Emirates, according to Moody’s Investors …
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Ellington Properties introduces 3-year rental guarantee of 8% annually for new owners during Ramadan
Introduced to demonstrate confidence that the market fundamentals are strong and will bounce back after the current Covid-19 situation …
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Property portal Bayut’s parent company secures $150m investment
Emerging Markets Property Group (EMPG), the parent company of Dubai’s property portal Bayut, secured $150m (Dh550m) in new investment in a deal that values the company at $1 billion. The investment …
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Abu Dhabi’s 2 gigawatt solar farm gets five build bids
Super-sized solar projects have become increasingly common as developers can use the size to drive down costs. The first-ranked bidder offered a price of 1.35 cents per kilowatt-hour, the company said …
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Abu Dhabi Moves Ahead With Giant Solar Park After Getting Bids
A solar farm bigger than 4,200 soccer pitches will be built in the United Arab Emirates to supply power at what could be record-low prices.
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Covid-19: UAE’s ’10 million meals’ campaign exceeds target in one week
The campaign, led by Sheikha Hind bint Maktoum bin Juma Al Maktoum, chairperson of the board of trustees of the UAE Food Bank, has received donations from companies, humanitarian organisations, …
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