Dubai Financial Market jumped 3.5 per cent to 1,956 points. In Abu Dhabi, the index jumped 2.93 per cent to 4,181 points.
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Dubai lifts lockdown on two densely populated commercial districts
The emirate of Dubai said on Sunday it has lifted its full lockdown on two commercial districts which have a large population of low-income migrant workers, after the United Arab Emirates eased …
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Kerala couple die five days apart in Sharjah
An Indian couple from Kerala, who had been married for 35 years, died five days apart in the UAE, their family said on Sunday. Sharjah resident Sophia Habeeb, 57, died on April 18 following a week’s …
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Sharjah Islamic Bank net profit increases 1.3% in Q1
SHARJAH- Sharjah Islamic Bank, SIB, has projected strong results despite the current situation, with net profits totaling AED153.7 million in the first quarter of 2020 compared to AED151.7 million in …
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Sharjah steps up to protect coral reef and species from extinction
Coral Reef restoration work being done off Sir Bu Nair Island in UAE Image Credit: Environment and Protected Areas Authority in Sharjah. Sharjah: The Environment and Protected Areas Authority in …
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Dubai Business Hub Rolls Out Measures for Firms and Workers
Dubai International Financial Centre rolled out a plan to provide greater flexibility for employers and more protection to employees working within the tax-free business park.
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Sharjah EPAA joins Sir Bu Nair island project
Sharjah’s Environment and Protected Areas Authority (EPAA) has announced a joint collaboration with the Emirates Marine Environment Group (EMEG) to establish a large-scale coral nursery off the coast …
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S&P lowers outlooks for UAE’s Sharjah, Ras Al Khaimah to negative
S&P Global Ratings has lowered its outlook to negative from stable for Sharjah and Ras Al Khaimah, two of the seven emirates that form the UAE, citing the financial risks of lower oil prices and the …
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Modon completes construction of 5 new mosques in Abu Dhabi
Abu Dhabi Department of Municipalities and Transport (DMT) has announced that it has completed work on five of the 20 mosques that are being built across the emirate in co-ordination with Modon …
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Handovers underway at Aldar’s The Bridges on Reem Island, Yas Acres on Yas Island
ABU DHABI – Aldar Properties today provided an update on projects under development across Abu Dhabi. In a press release, the company listed the handovers and progress being made on various of its …
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Aldar starts delivery of 636 homes in Reem Island towers
UAE developer Aldar Properties said it has started handover of all the 636 apartments within the first three towers at The Bridges on Reem Island in Abu Dhabi, while construction was advancing at a …
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Abu Dhabi’s Main Refinery Makes China Sales Push After Servicing
Abu Dhabi National Oil Co.’s main refinery is boosting efforts to sell fuel in China, where the economy is starting to recover from the coronavirus, according to Eni SpA, a partner in the plant. The …
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ESET researchers disrupt cryptomining botnet VictoryGate
ESET researchers have recently discovered a previously undocumented botnet named VictoryGate. It has been active since at least May 2019, and is composed mainly of devices in Peru, where over 90% of …
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Dubai Stocks Rise Most in Mideast as States Start to Ease Curbs
Equities in Dubai advanced as Gulf authorities started to loosen curbs to contain. The metro, public buses and taxi services were restored on Sunday as the emirate joined other cities around the world …
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Abu Dhabi’s Etihad extends suspension of scheduled flights to at least May 16
Abu Dhabi’s Etihad Airways said on Saturday it would extend its suspension of scheduled passenger flights until at least May 16 due to the coronavirus outbreak. The airline, which had aimed to …
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UAE’s $70bn stimulus will help buyers get on property ladder, says Seven Tides CEO
The UAE’s $70 billion economic stimulus package will make it easier for first-time buyers to get on to the property ladder, according to the CEO of a UAE-headquartered residential, hospitality and …
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Abu Dhabi’s Etihad extends suspension of scheduled flights to May 15
Abu Dhabi’s Etihad airways said on Saturday it would extend its suspension of scheduled passenger flights until May 15. The airline had said it would partially resume passenger flights from May 1. Eti …
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