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Posted on 12/11/2020

Dubai’s 2021 Calendar of Retail Festivals Set to Boost the City’s Economic and Tourism Sectors

Dubai Festivals and Retail Establishment (DFRE) has announced details of its comprehensive 2021 Retail Calendar, with citywide events, activations and experiences set to fully support the emirate’s …
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Posted on 12/11/2020

Dubai Islamic Bank markets dollar perpetual sukuk – document

Dubai Islamic Bank DISB.DU began marketing on Thursday U.S. dollar-denominated Additional Tier 1 sukuk, or Islamic bonds, at an initial price guidance of around 5.25%, a document from one of the banks …
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Posted on 12/11/2020

Emirates swings to first half-year loss in more than 30 years

Emirates reported a first-half loss for the first time in more than 30 years as the Dubai airline’s revenues slumped about 75 per cent on coronavirus travel restrictions. The government-owned carrier …
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Posted on 12/11/2020

Exclusive: Gold market authority threatens to blacklist UAE and other centres

The world’s most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the mainstream market if they fail to meet regulatory …
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Posted on 12/11/2020

Dubai’s DAMAC loses $148.3 mln in third quarter

Dubai developer DAMAC Properties on Thursday reported a 544.6 million dirham ($148.3 million) third-quarter loss, warning a recovery from the coronavirus crisis was possibly still some time away.
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Posted on 12/11/2020

Sharjah Tasjeel Village to provide all services related to impounded vehicles

New office in Sharjah to offer public services from 2.30pm to 8pm Sharjah: As part of its constant endeavour to facilitate procedures for customers, the Vehicle Impounded Services Office of the …
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Posted on 12/11/2020

Want To Launch Your Startup In Just A Week? Here’s How You Can Do Just That In Dubai

There is now a wealth of resources out there that have drastically reduced the amount of time required to get started.
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Posted on 12/11/2020

Gold smuggling: Non-bailable warrant against ex-finance head of UAE Consulate

KOCHI: The Additional Chief Judicial Magistrate (Economic Offences) court in Kochi issued Non-Bailable Warrant against Egyptian national and former finance head of UAE Consulate, Thiruvananthapuram, …
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Posted on 12/11/2020

Agricultural Giant Louis Dreyfus to Sell Major Stake to Abu Dhabi State Firm

Dreyfus agreed to sell a 45% indirect stake in Louis Dreyfus, the agricultural merchant that has borne her family’s name for almost two centuries, to a holding company in the United Arab Emirates.
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Posted on 12/11/2020

Trump administration informs Congress of intent to sell $23B in arms to UAE

Secretary of State Mike Pompeo announced Tuesday that the Trump administration had formally notified Congress of its intent to sell approximately $23 billion in advanced weaponry to the United Arab …
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Posted on 12/11/2020

UAE Government rated ‘AA’ with a ‘stable outlook’: Fitch Ratings

Commenting on the landmark credit rating achievement, His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, affirmed that many elements have been behind the …
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Posted on 12/11/2020

Spending a peaceful Sukkot holiday in Dubai, thanks to the Abraham Accords

When we got to immigration in Dubai, the welcome we got was incredible. The Emirati officials were ecstatic to see us.
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Posted on 12/11/2020

Italy showcases top children’s books in its first Sharjah International Book Fair pavilion

In its first SIBF pavilion, Italy is showcasing best-selling books — mostly children’s literature — from 14 of its leading publishers. Italy has joined the Sharjah International Book Fair (SIBF) for …
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Posted on 12/11/2020

Israeli settler delegation visits Dubai following UAE accord

A delegation of Israeli settlers is visiting Dubai, where they met with Emirati business people to discuss commercial opportunities following the United Arab Emirates’ establishment of formal ties …
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Posted on 11/11/2020

Global Wireless Gas Detection Market 2020 Trending Technologies, Developments, Key Players and End-use Industry to 2026

The latest informative study entitled Global Wireless Gas Detection Market 2020 by Manufacturers, Regions, Type …
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Posted on 11/11/2020

Dubai looking at potential buyers for its airport cooling system business: Sources

Dubai is considering the sale of the cooling system operations of its normally busy Dubai International Airport, two sources familiar with the matter said on Wednesday. For all the latest headlines …
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Posted on 11/11/2020

The Clock is Ticking On F-35, Drone Sale to UAE

The clock is ticking on the Trump administration’s push to sell F-35 fighter jets, armed Reaper drones, and a bevy of bombs and missiles to the United Arab Emirates. The State Department notified …
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