Saudi Basic Industries Corp (SABIC) has hired NCB Capital to advise on a potential listing of its speciality chemicals business, an offering that could raise several hundred million dollars, three …
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Dubai’s Al Mal Capital property fund sets upper limit on non-UAE investments
Investments in projects under development will never exceed the 25 per cent mark, according to the Dubai real estate fund operator Al Mal Capital REIT. Nor will the fund breach the 25 per cent mark …
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After Saudi Arabia, UAE could seek early repayment of loan to Pakistan
The UAE hasn’t indicated whether it will extend a $1 billion loan – part of the $3 billion package – that will become payable on January 24, The Express Tribune newspaper reported, citing sources in …
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Cryptocurrency is digital gold
Gold replacement, hedge instrument and unparalleled medium of exchange; Bitcoin’s meteoric rise through the eyes of Arab ‘whale’ Khurram Shroff.
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UAE shows ‘resilience’ as real estate market sees signs of recovery – JLL
Real estate consultants say UAE has proved its ‘resilience, growth, competitiveness and liveability’ amid ongoing coronavirus crisis …
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UAE: 18 shops shut in Dubai for violating Covid rules
Authorities in Dubai are continuing to ramp up Covid safety inspections, as the UAE continued to record its highest numbers of new Covid cases yet this week. As many as 18 establishments were ordered …
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Reportage Properties working on 10 major projects in UAE
Reportage Properties said work is currently under way on 10 key projects which will add about 4,000 new housing units into the UAE real estate market. Of these, six are in Abu Dhabi and rest in Dubai.
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Anantara Eastern Mangroves Abu Dhabi Hotel appoints new executive sous chef
Anantara Eastern Mangroves Abu Dhabi Hotel has appointed Federico Sanna to the role … and will now work alongside executive chef Idin Asmitha in leading the culinary team at his new property. Sanna …
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Dubai’s Ibn Battuta Mall and Dragon Mart are making a solar switch
Placement of these panels to start this month, and with no disruption to shopping Archive Dubai: Two of Nakheel’s malls in Dubai – Ibn Battuta and Dragon Mart – are going big on solar panels. Nearly …
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Expo 2020 Dubai Terra – The Sustainability Pavilion to open to public on Friday
Expo 2020 Dubai’s Terra – The Sustainability Pavilion will welcome … “Visitors will be guided on a trip through time, under the shade of ‘energy trees’ that track the sun to harness solar power that …
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Covid-19: Sharjah private school teachers asked to take PCR test every 14 days
The employees who received two doses of vaccine against Covid-19 are excluded from the mandatory nasal swab test.
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Sharjah: Staff at private educational institutions must pay for mandatory PCR test every 14 days
An exception will be made for those employees who have received both the doses of the vaccine, or those who have a medical condition that exempts them from taking the jab.
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Escaping Coronavirus Lockdowns, Tourists Flock To Dubai
As much of the world tightens lockdowns to stem coronavirus, Dubai has flung its doors open, branding itself as a sunny, quarantine-free escape — despite a sharp rise in cases. While mask-wearing and …
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UAE: Gang robs Dh313,285, jewellery worth Dh600,000 from Dubai villa
A three-member gang and a jeweller is facing trial in a Dubai court on charges of robbing a villa in Jumeirah. According to the documents of the Dubai Public Prosecution, the incident had occurred on …
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Jefferies triumphs in Dubai 24-Hour endurance race
ZIMBABWEAN racing driver Axcil Jefferies has paid tribute to his UAE-based GPX Racing team after celebrating one of the biggest wins of his motor racing career in the gruelling 2021 Hankook Dubai …
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Abu Dhabi updates rules to enter emirate
Abu Dhabi has announced that all UAE citizens entering need to have received a negative PCR or DPI test result within 48 hours …
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Karren Brady’s daughter Sophia Peschisolido soaks up the sun in Dubai
Businesswoman Karren Brady’s daughter Sophia Peschisolido has been spending the past month soaking up the winter sun in Dubai.
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