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Posted on 20/01/2021

Dubai Economy Shuts Down 2 Shops, Finds 32 Violations of COVID-19 Guidelines

Dubai Economy shut down a money exchange and a document processing services outlet yesterday for violation of the precautionary measures in place against COVID-19. Field inspections conducted across …
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Posted on 20/01/2021

Sharjah Islamic Bank posts Dh405.8m 2020 net profit

Dubai: Sharjah Islamic Bank (SIB) on Wednesday reported a net profit of Dh405.8 million compared to Dh545.5 million for the year 2019, posting a decline of 25.6 per cent year on year. The banks …
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Posted on 20/01/2021

Vistara commences daily services between New Delhi and Sharjah

Full-service carrier Vistara commenced daily services between Delhi and Sharjah, under the travel bubble agreement between India and the United Arab Emirates (UAE). According to the joint venture …
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Posted on 20/01/2021

Aldar Jumps as Abu Dhabi Signs Off on $12 Billion in Deals

Aldar Properties PJSC climbed the most in almost three months after Abu Dhabi signed off on deals worth $12.3 billion.
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Posted on 20/01/2021

Five Golfers to Watch at Abu Dhabi

The European Tour will start its new season this week with the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club in the United Arab Emirates. The tour will have 42 events in 24 countries, capped …
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Posted on 20/01/2021

Video: New UAE tourist spot Al Fay Park opens in Abu Dhabi

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Executive Council and Chairman of Executive Office, has officially opened Al Fay Park on Reem Island as part of Abu Dhabi’s ongoing efforts …
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Posted on 20/01/2021

Aldar Shares Jump as Abu Dhabi Signs Off on $12 Billion in Deals

Aldar Properties PJSC climbed the most in almost three months after Abu Dhabi signed off on deals worth $12.3 billion.
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Posted on 20/01/2021

Gulf stocks gain in early trade

Stock markets in the Gulf rose in early trade on Wednesday, with Abu Dhabi on track to extend gains for a fourth session.
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Posted on 20/01/2021

World’s largest single-site solar plant in Abu Dhabi

An hour’s drive southeast of Abu Dhabi is the world’s largest single-site solar plant. Located at Sweihan in Abu Dhabi, Noor Abu Dhabi (which means ‘light’ in Arabic) features 3.2 million solar …
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Posted on 20/01/2021

MENA’s installed solar capacity to reach 35 gigawatts by 2023: MESIA

Despite the impact of COVID-19, the total installed solar capacity in the Middle East and North Africa (MENA) region is expected reach up to almost 35 gigawatts (GW) by 2024, according to the Solar …
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Posted on 20/01/2021

Nakheel Malls and Total in partnership for solar panel installation

Around 12,000 PV panels will be installed on the rooftops of Ibn Battuta Mall and Dragon Mart., spanning around 35,000 sqm …
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Posted on 20/01/2021

Digital Economy: UAE consumers to pivot away from cash – report

Young and digitally savvy populations across the Middle East and Africa region are key to long-term growth outlook.
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Posted on 20/01/2021

Israel-Dubai Partnership Will Launch a $100M Debt Investment Fund for Tech Companies Across the Region

Jan 20, 2021– Tel Aviv-based global fund manager Liquidity Capital and Dubai-based Vault Investments today announced an agreement to form a joint $100M Venture Debt Investment fund based in Dubai.
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Posted on 20/01/2021

The U.S. remains important in the oil market, even if Biden is less vocal than Trump: UAE energy minister

The U.S. will remain important in oil markets, even if President-elect Biden is less vocal than President Trump, says UAE Energy Minister Suhail al-Mazrouei.
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Posted on 20/01/2021

Over 66,000 Israelis visited UAE but earned bad reputation

Israelis, who landed in Dubai in droves last year after normalisation of ties between Israel and United Arab Emirates, have now become a menace for …
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Posted on 20/01/2021

UAE Covid vaccine: Drive-thru vaccination centres announced

Undertaken in collaboration with the Ministry of Health and Prevention (MoHAP), the vaccination drive will support ongoing efforts to strengthen immunity within the community and maintain health and …
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Posted on 20/01/2021

UAE-India flights for as low as Dh300 announced

The airline also recently announced a free global Covid-19 cover for all passengers travelling on its flights.
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