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Posted on 01/07/2020

Amlak International’s IPO prices shares at 16 Saudi riyals

NCB Capital, financial advisor, lead manager, bookrunner and underwriter for Amlak International’s IPO, announced the successful completion of the book building process for institutions and investment …
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Posted on 01/07/2020

Sofitel Dubai Wafi set to open in September 2020

Dubai’s Oud Metha area is set to get a new luxurious hotel later on this year – the Sofitel Dubai Wafi. The team says the property will “merge modern French luxury and ancient Egyptian heritage with …
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Posted on 01/07/2020

Gang steals Dh660,000 from Sharjah safe; arrested within 24 hours

Sharjah Police have arrested a gang of three members who allegedly stole a treasury containing currency worth Dh660,000 within 24 hours of receiving the report. The Sharjah Police Criminal and …
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Posted on 01/07/2020

Winners of UAE NewSpace Innovation Programme announced

UAE NewSpace Innovation Programme, one of the main pillars of the Global Space Industry Accelerator (GSIA) initiative, is a three-month program worth Dh2 million that will incubate the space projects …
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Posted on 01/07/2020

Expat gang steals Dh660,000 in UAE, arrested within 24 hours

A three-member gang of Asian men, who decamped with a safe containing Dh660,000 from an apartment in industrial area, was arrested by the Sharjah Police within 24 hours of the crime. After receiving …
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Posted on 01/07/2020

TABLE-UAE’s Fujairah oil inventory data for week ended June 29

Fujairah Oil Industry Zone on Wednesday published, via industry information service S&P Global Platts, the following weekly inventory data for oil products for the week ended June 29. Volumes are in …
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Posted on 01/07/2020

UAE’s BPGIC says limited impact from virus on oil storage facilities

Brooge said the second phase of its storage capacity expansion plans in Fujairah is expected to be completed by the end of 2020 …
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Posted on 01/07/2020

UAE- MBZUAI, Virgin Hyperloop to boost research, innovation in AI

In a virtual ceremony, the MoU was signed by Dr Sultan Ahmed Al Jaber, UAE Minister of State and chairman of the board of trustees at MBZUAI, and Sultan bin Sulayem, group chairman and ceo of DP …
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Posted on 01/07/2020

US-Bangla brings home 153 Bangladeshis from UAE in second phase of repatriation

Bangla brought back 152 Bangladeshis stranded in UAE, said US-Bangla General Manager (Public Relations) Kamrul Islam. A special flight of US-Bangla Airlines on Tuesday repatriated another 141 …
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Posted on 01/07/2020

UAE’s Mars mission sparks big interest in residents

The UAE’s Emirates Mars Mission – also known as the Hope Mars Mission – has sparked considerable interest among UAE residents over the past 12 months, with searches for the mission increasing by 85 …
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Posted on 01/07/2020

‘Hamilton’ to ‘Cursed’: 21 films and TV shows coming to UAE streaming services in July

Expect global premieres and plenty of shows newly available in the UAE to drop on regional streaming platforms this month. We round up the best new films and TV shows being released across Amazon …
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Posted on 01/07/2020

Dubai Economy launches virtual ‘market dialogue’

Dubai Economy has launched a ‘Market Dialogue’ initiative to broaden its communication with the business community and consumers through advanced technology platform. The virtual dialogue seeks to …
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Posted on 01/07/2020

Hyperloop One pens AI research agreement with UAE university

Fast transportation will play a key role in how the Middle East emerges from the current economic situation, according to Sultan bin Sulayem …
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Posted on 01/07/2020

Phase One of Dubai 10X completed

The first phase of the Dubai 10X initiative that features disruptive projects launched by several government entities in Dubai has been completed. Dubai 10X has achieved massive leaps in disruptive …
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Posted on 01/07/2020

Hamdan bin Mohammed announces conclusion of Phase One of Dubai 10X

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation, DFF, said that D …
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Posted on 01/07/2020

Why is Abu Dhabi the only emirate asking for a COVID-19 test upon entry?

In light of continued positive outcomes in containing the spread of COVID-19 in the emirate, this decision has been made to enable the public to enter Abu Dhabi without the need t …
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Posted on 01/07/2020

US-Bangla brings back 152 stranded Bangladeshis from Abu Dhabi

Bangla Airlines today brought back 152 Bangladeshis stranded in Abu Dhabi due to the Covid-19 epidemic. “The special flight, carrying the Bangladeshi citizens from Abu Dhabi, took off at 2:00 am (Abu …
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