DUBAI – First Abu Dhabi Bank, the United Arab Emirates’ biggest lender, reported a 25% fall in quarterly profit on Tuesday, dragged down by another quarter of higher impairment charges. Its …
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Coronavirus news bulletin from UAE: 47 infected…
Here’s a round-up of all the latest Covid-19 developments you need to know: 47 infected with Covid-19 after family gatherings in UAE A top UAE government official has warned against hosting gatherings …
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‘Rediscover Abu Dhabi’: 5 of the best staycation offers to take advantage of
The new initiative aims to give residents a chance to reacquaint themselves with the emirate The Department of Culture and Tourism Abu Dhabi has launched a new campaign that focuses on highlighting …
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Capex of UAE telcos increases 49% in second-quarter amid weak revenues
Etisalat and du have increased their network capacity to sustain an increase in data traffic due to remote learning and work from home initiatives …
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Technology infuses ancient hajj rites amid global pandemic
The vast white marble floors surrounding Islam’s holiest site, the cube-shaped Kaaba in Mecca, would normally be packed with hundreds of thousands of …
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Sharjah, Ajman property markets see moderate decline in H1
Even with a global pandemic dominating the first half, the Sharjah and Ajman property markets were only moderately impacted and remained affordable for prospective buyers and tenants, according to UAE …
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Amir Khan set to join top sports stars who call Dubai their home
Star British boxer visits Dubai Sports Council to discuss his future plans, which include opening an academy here and a possible swansong against …
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How Dubai’s residential communities will achieve zero crimes soon
Dubai Police is working on a plan to reach zero crimes in residential communities in Dubai by the end of this year, officials said on Monday. While residential communities are already safe, a …
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Dubai Chamber organises 63 business webinars in Q2-2020 amid digital push
Virtual events attended by 3,500 participants, while Dubai Chamber’s international offices held 533 virtual meetings with investors.
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Sharjah Police prepare safety plan for Eid Al Adha
With the aim of strengthening public and traffic safety measures, Sharjah Police has laid out detailed security plans ahead of Eid Al Adha in the presence of senior police officers. Brigadier General …
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UAE residents warned against divulging bank details, personal information to random callers
Have you received a call from someone claiming to be a bank representative and asking you for your personal information? Well, beware! Senior Prosecutor Dr Khalid Ali Al Junaibi said while the level …
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Instinctif, Advert One complete IPO advisory role for Amlak International
RIYADH — Instinctif Partners and Advert One have completed their role in providing strategic communications counsel and public relations to Saudi Arabia’s leading non-bank real estate lender, Amlak …
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KKR’s corporate lending arm to merge with NBFC startup Incred Finance; to emerge as largest shareholder
KKR’s investors including the US-based Teacher Retirement System of Texas and UAE’s sovereign wealth fund Abu Dhabi Investment Authority will become the largest investors in the merged entity.
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Abu Dhabi Commercial Bank cuts employees
Speculation is that these job cuts number around 400 staffers Dubai: Abu Dhabi Commercial Bank (ADCB) is letting go hundreds of employees – the latest in a round of lay-offs by regional banks as …
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It’s salads and not French fries that Dubai residents are ordering in
With Dubai’s residents heading back to their offices and stores, the online vs. offline debate is starting to pick up pace again. This after nearly three months when online was holding sway over all …
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HashCash Consultants Listed as the Top Blockchain Development Company in UAE
A global research firm has listed HashCash Consultants as the top blockchain development company in UAE through an industry survey acknowledging the company’s extensive range …
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Four infiltrators arrested in Sharjah’s Alqurm area
The Environment and Protected Areas Authority in Sharjah has arrested four infiltrators of the Alqurm Protected Area, located in the coastal areas of Kalba city. The infiltrators were apprehended for …
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