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Posted on 24/02/2021

UAE: New AI-powered Covid test gives results in 5 minutes

Unlike PCR tests, samples are collected using a nasal swab from just one inch into the nostril on both sides, causing neither discomfort nor pain.
( read original story …)


Posted on 24/02/2021

UAE Tour stage 4: Sam Bennett beats back rivals for inaugural win of 2021

Sam Bennett (Deceuninck-Quick-Step) dashed to his first victory in 2021 in a bunch sprint Wednesday in stage 4 at the UAE Tour. Last year’s green jersey winner at the Tour de France came off a solid …
( read original story …)


Posted on 24/02/2021

Dubai South Properties unveils new 268-unit residential development

Master-developer Dubai South Properties has announced the launch of ‘The Pulse Villas’, which constitutes the second phase of The Pulse development, the heartbeat of Dubai South’s Residential District …
( read original story …)


Posted on 24/02/2021

Now, rent a jetty for your yacht in Dubai for 30 minutes

Owners of yachts and cruise boats in Dubai may now rent the jetties of the Roads and Transport Authority (RTA) for 30 minutes, an hour, or a day from 6am to 11pm.Available at 28 berths across Dubai, …
( read original story …)


Posted on 24/02/2021

Citizenship law will spice up UAE’s realty sector

The amendment of the Nationality Law represents a new attested initiative to attract investors, skilled individuals, and talented people of high …
( read original story …)


Posted on 24/02/2021

Ellington Properties Wins International Property Award for Exceptional Design

Ellington Properties, Dubai’s design-led property developer, has won this year’s International Property Awards 2020-21 for delivering elegant and impecc …
( read original story …)


Posted on 24/02/2021

Sharjah Media City (Shams) Signs a Memorandum of Understanding With Sharjah Women’s Sports

Sharjah Media City (Shams) signed a memorandum of understanding with Sharjah Women’s Sports with the aim of enhancing communication and cooperation betw …
( read original story …)


Posted on 24/02/2021

Egypt’s Banque du Caire eyes slimmed-down IPO post-Covid

Banque du Caire was on the cusp of completing a $500 million listing in London and Cairo last year when Covid hit. Its chairman Tarek Fayed talks to Euromoney about investing in people and digital – …
( read original story …)


Posted on 24/02/2021

UAE-based Shuaa Capital boss ‘bullish’ on post-Brexit Britain

Jassim AlSeddiqi, group CEO of UAE-based Shuaa Capital, has revealed he is “bullish” about the investment opportunities in the United Kingdom and said that its contentious and protracted exit from the …
( read original story …)


Posted on 24/02/2021

UAE Central Banks latest

The total assets of the Central Bank of the UAE grew 6.6 per cent to hit AED470.5 billion ($128 billion) by the end of December, according to the latest official statistics. The significant growth was …
( read original story …)


Posted on 24/02/2021

UAE is best in region for women economic empowerment

The UAE also achieved a full score in five indicators in the latest report: Movement, Workplace, Wages, Entrepreneurship, and Pension.
( read original story …)


Posted on 24/02/2021

UAE Exchange suitor in merger talks with Bahrain-headquartered BFC Group

The consortium behind the acquisition of UAE Exchange is in advanced discussions with BFC Group Holdings over a potential merger that would create a regional financial services powerhouse. Prism Group …
( read original story …)


Posted on 24/02/2021

UAE, China’s central banks join Hong Kong, Thailand’s cryptocurrency project

The participating central banks will evaluate the project’s feasibility for cross-border fund transfers and capital market transactions, among others.
( read original story …)


Posted on 24/02/2021

Kuwaiti banks’ non-performing loans increase to 2% amid COVID-19 crisis – central bank

The non-performing loan ratio has seen only slight increases, and is still at historically low levels,” the central bank cited its governor Mohammad al-Hashel as saying …
( read original story …)


Posted on 24/02/2021

Beijing is exploring digital yuan cross-border payments by joining with Hong Kong, Thailand, UAE and the Bank of International Settlements

The People’s Bank of China is joining the Multiple Central Bank Digital Currency Bridge, a project exploring cross-border payments using distributed ledger technology, the latest step in Beijing’s …
( read original story …)


Posted on 24/02/2021

UAE Covid: Unvaccinated Sharjah workers to take PCR tests every 2 weeks

Establishments must display stickers to show that the workers have taken the Covid vaccine or have a negative PCR test result.
( read original story …)


Posted on 24/02/2021

National Bonds Expands It Reach in Sharjah’s Sahara Centre

As part of its ongoing expansion plans, National Bonds, the leading Sharia-compliant savings and investment company in the UAE, announced the opening of …
( read original story …)


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