ABU DHABI- The UAE Central Bank announced on Sunday that gross bank assets for March 2020 had reached AED3.128 trillion, a growth of 1.1 percent from the previous month. In a statement, the Central …
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Pakistan Starts Repatriating UAE-Based Nationals Stranded by Coronavirus
Pakistan has started repatriating some of its citizens from the United Arab Emirates, which had threatened to review labor ties with countries refusing to take back their nationals during the novel …
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Combating coronavirus: UAE researchers, scientists to produce vital medical equipment
The move is to support the UAE’s nationwide drive to mitigate, contain and prevent the spread of the coronavirus in the country. The group has already successfully assembled their first ventilator …
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Dubai Economy receives 11,655 consumer complaints in Q1 2020; electronics tops the list
The increase signifies the persistent focus of Dubai Economy on protecting consumer rights … he is respected for his astute understanding of the local business scene.
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COVID-19: Dubai Silicon Oasis Authority offers rent waivers and other incentives to businesses, residents
Dubai: Dubai Silicon Oasis Authority (DSOA) announced exemptions, incentives and flexible payment plans for companies, commercial tenants, and residents occupying buildings owned by the Authority.
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Abu Dhabi issues $7bln in multi-tranche bonds
Strong demand from international investors representing 90% of the final orderbook Issuance capitalizes on solid market conditions as part of Abu Dhabi’s debt management strategy Abu Dhabi: …
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Can UAE employer hold passport during coronavirus crisis? Here’s the law
Question: My employer has terminated my employment and my passport is still in the custody of my company. I had requested my employer to return my passport and they said that it will be handed over to …
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India looking for alternative accommodation for virus-affected expats in UAE
An embassy official said repatriation flights would be arranged after the Indian government eased the travel ban.
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UAE announces working hours for Ramadan 2020
Motivate Publishing Apps-for-driving-in-Dubai The public sector will work for five hours from 9am to 2pm. The holy month of Ramadan is likely to begin on April 24, 2020, and the UAE government has …
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Kerala businessman in UAE apologises after poem sparks race row
Sharjah: A prominent Keralite businessman in the UAE has apologised for unintentionally hurting religious sentiments through his poem about coronavirus. Sohan Roy, founder chairman and CEO of …
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UAE, GCC stock markets gain; Dubai, Abu Dhabi lead
Rally on the Dubai Financial Market was led by property stocks. Union Properties rose five per cent while Deyaar and Emaar Properties gained 3.3 per cent and 3.7 per cent, respectively. Gains on the …
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Atlantis The Palm’s marine animals enjoy Dubai resort all to themselves
Dubai: On the crescent of The Palm Jumeirah, Atlantis Dubai stands tall. There are no guests now, but inside the property, its 65,000 marine animals are having a special time. In the absence of guests …
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Jupiter Business Mentors partners with in5 to help start-up entrepreneurs with speed mentoring sessions
Dubai, UAE – Jupiter Business Mentors (JBM), a home-grown UAE based mentorship platform has announced its partnership with in5, an enabling platform for entrepreneurs and startups fostering innovation …
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Dubai extends 24-hour coronavirus curfew by a week
Dubai, the United Arab Emirates business hub, has extended by one week a 24-hour-a-day curfew imposed as part of a sterilisation drive to control the spread of the coronavirus, the government said in …
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India sends hydroxychloroquine to UAE for COVID-19 patients
India has agreed to send hydroxychloroquine tablets to the United Arab Emirates to be used for treating COVID-19 patients, the Gulf Arab state’s embassy in New Delhi said. India last month put a ban …
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Combating coronavirus: Sharjah Police launch hotline, package of services for health sector staff
In appreciation of the efforts by the first-line defence workers from the medical and health cadres, and their sacrifices to protect society and maintain the health and safety of its members, the …
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Dubai Leads Middle Eastern Stock Gains After EM Rally on Friday
Middle Eastern stocks rose on Sunday following a rally in emerging-market assets at the end of last week as the U.S. outlined steps to reopen its coronavirus-shuttered economy. Dubai’s DFM General …
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