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Posted on 18/02/2021

MIDEAST STOCKS-Most Gulf markets fall; Abu Dhabi gains

Most Gulf markets ended in the red on Thursday, with the Saudi index pressured by losses in its banking shares. Saudi Arabia’s benchmark index .TASI ended the session down 0.7%, but was still up 0.9% …
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Posted on 18/02/2021

Towing vehicles in Abu Dhabi banned from transporting heavy equipment

Drivers of towing vehicles in Abu Dhabi have been warned against transporting equipment and heavy machinery as such open-ended trucks don’t meet the security and safety requirements to carry such …
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Posted on 18/02/2021

‘Hard landing’ for Dubai property means it’s now a buyer’s market, says UAE developer Damac

Dubai’s real estate market has made a “hard landing” but lower prices may be a good time for investors looking to buy, said Hussain Sajwani, Damac chairman.
( read original story …)


Posted on 18/02/2021

Massive fines for transporting heavy machineries in vehicle not classified for it in Abu Dhabi

The police indicated that the equipment carriers need a permit to transport the equipment at night, and it is granted according to the work assigned to it through contracts, and the movement is only …
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Posted on 18/02/2021

Hilton Abu Dhabi Yas Island, The UAE Capital’s Newest Leisure Resort Opens Its Doors To Guests Today

Hilton’s latest world-class leisure resort, the breath-taking Hilton Abu Dhabi Yas Island, developed by Miral, leading curator of experience in Abu Dhab …
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Posted on 18/02/2021

Hilton Abu Dhabi, the ‘Crown jewel of Yas Bay’ opens for business

The Hilton Abu Dhabi Yas Island has opened for business today (Thursday Feb 18), becoming one of the first major projects on the expansive Yas Bay. Costing an estimate AED4 billion, the five-star …
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Posted on 18/02/2021

Abu Dhabi unveils investor visa

Abu Dhabi has rolled out visas for expat professionals, students and investors in a bid to develop the emirate’s culture, healthcare, research and development, and real estate sectors. The ‘Thrive in …
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Posted on 18/02/2021

Belarus to present over 150 defense products at IDEX 2021 in Abu Dhabi

IDEX is one of the largest military expos in the world and in the region that unites Middle East and North Africa countries. About 1,300 leading defense companies from 59 countries are expected to …
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Posted on 18/02/2021

Dubai’s property market will remain weak for the next two years, says UAE developer Damac

“We’re going to be continuously very careful, very cautious.” Dubai has been plagued by an oversupply of property for years, even before Covid-19 hit. Prices have slid some 30% since the previous peak …
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Posted on 18/02/2021

WES wireless fire alarm system selected for Germany pavilion at EXPO 2020 Dubai

Dubai-based Liberty Fire & Safety Equipment Trading has announced that the WES wireless temporary fire detection and alarm system has been deployed at the Germany pavilion at EXPO 2020 Dubai. This …
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Posted on 18/02/2021

Tech central topic at CW’s Dispute Resolution Dubai

Construction Week has just wrapped up its first physical conference of the year – Dispute Resolution Question Time Dubai. The Dispute Resolution conference comprised four of the top legal experts in …
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Posted on 18/02/2021

Sharjah Child Friendly Office kit tackles virus challenges

The Sharjah Child Friendly Office (SCFO), an affiliate of the Supreme Council for Family Affairs in Sharjah, has partnered with Unicef to distribute the ‘Adolescent Kit for Expression and Innovation’, …
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Posted on 18/02/2021

Dubai property prices are cheaper now and it’s a ‘great time’ for buyers, Damac chairman says

Hussain Sajwani of Damac Properties says resale prices in Dubai can be 10% cheaper than new developments as the economy recovers from Covid-19. He says prices are likely to remain “soft” in 2021 and …
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Posted on 18/02/2021

Mad Minute stories from Wednesday, February 17th

MILWAUKEE – The National Bobblehead Hall of Fame and Museum on Wednesday, Feb. 17 unveiled two bobbleheads of the cat who became a viral internet hit. The viral moment came when a Texas lawyer …
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Posted on 18/02/2021

Robots in action! Carrefour expands robotic fleet in UAE for stock management

UAE retailer Carrefour is  adding 11 more Tally Robots across the UAE to support stock management and control. Owned and operated by Majid Al Futtaim in the UAE, Carrefour has announced the expansion …
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Posted on 18/02/2021

Cleveland Clinic Abu Dhabi Nurses To Support U.s. Counterparts During The Pandemic

A team of eight nurses from Cleveland Clinic Abu Dhabi, an integral part of Mubadala Health, has flown to the United States to spend six weeks with care …
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Posted on 18/02/2021

Abu Dhabi launches new campaign to attract creative talent to the UAE

We all know that Abu Dhabi is an amazing place to live and work. You don’t have to tell us, this city is home. Opening up the city to more people around the world, a new campaign has been launched to …
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