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Posted on 20/04/2020

UAE pledges 10 million meals for those affected by virus

UAE pledges meals for those affected by virus. The United Arab Emirates pledged to provide food parcels and meals to communities badly affected by the corona …
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Posted on 20/04/2020

Coronavirus salary cut? How to save every dirham on shopping and living in the UAE

Dubai: Living in the UAE isn’t cheap … Elaine Jones, Executive Chairman of Asteco Property Management, said, “We do not expect rental waivers as such for residential property, but there may be …
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Posted on 20/04/2020

Dubai Chamber Launches Business Connect, To Assist The Private Sector Through The COVID-19 Pandemic

Dubai Chamber of Commerce and Industry has partnered with Entrepreneur Middle East to launch Business Connect, a new information platform that aims to help companies and institutions in Dubai overcome …
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Posted on 20/04/2020

Coronavirus: Iftar tents in Sharjah suspended for Ramadan

Sharjah: Iftar tents will not be allowed to operate this year, announced Sharjah Municipality on Monday. Sharjah City Municipality said it has suspended the issuance of permits for Ramadan tents this …
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Posted on 20/04/2020

Louvre Abu Dhabi brings new digital experiences to audiences at home

Louvre Abu Dhabi announced on Monday that it is adding to its current digital offering, providing free access to more content through virtual tours, video, audio and downloadable activities. This …
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Posted on 20/04/2020

Louvre Abu Dhabi launches virtual tour and digital activities to do from home

About a month after Louvre Abu Dhabi closed its doors due to the coronavirus pandemic, the museum has launched new online activities for those who are staying at home. A highlight is a virtual …
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Posted on 20/04/2020

UAE Tells Muslims to Pray at Home During Ramadan

It said Muslims should comply with physical distancing while praying during Ramadan and the Eid Al Fitr holiday that marks its end. The UAE has suspended prayer in all houses of worship including …
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Posted on 20/04/2020

‘I’m trapped’: the UAE migrant workers left stranded by Covid-19 job losses

In debt, unable to earn and often refused repatriation, many migrant workers face an uncertain future …
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Posted on 20/04/2020

UAE bourses lead GCC recovery; market cap grows by Dh76 billion

Dubai Financial Market (DFM) advanced 3 per cent, with Emirates NBD Bank up 3.7 per cent ahead of a board meeting to approve first-quarter earnings while developer Emaar Properties also gained 3.7 per …
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Posted on 20/04/2020

ERC begins “Your Medicine to Your Home” initiative in Sharjah

The Emirates Red Crescent, ERC, medical centre in Sharjah has begun the “Your Medicine to Your Home” initiative, which will benefit 800 people with chronic diseases, including 350 elderly people. As …
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Posted on 20/04/2020

Dubai Silicon Oasis Authority announces Covid-19 relief measures

Dubai Silicon Oasis Authority (DSOA) has announced a range of exemptions … In addition, they are exempt from late payment fines until August 31 – business partners and tenants will also benefit from …
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Posted on 20/04/2020

Coronavirus news bulletin from UAE: Ramadan guidelines issued; Loan relief announced; UAE leads in testing; New Dubai cab rule

“This is a joint effort between the Dubai Health Authority, Indian community members, and Aster DM Healthcare,” said Vipul, the Consul General of India to Dubai. “The Indian Business and Professional …
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Posted on 20/04/2020

Coronavirus: Dubai and Abu Dhabi landmarks lit up with Swiss flag

Dubai and Abu Dhabi’s landmarks were lit up with the Swiss flag on Sunday to thank for country for projecting the Emirati colours onto the Matterhorn mountain. Swiss authorities are lighting up the …
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Posted on 20/04/2020

Abu Dhabi’s $7bn bond offering draws strong investor interest

Offering was more than 6.3 times oversubscribed and order book reached in excess of $45bn A $7 billion multi-tranche international bond offering by Abu Dhabi was more than 6.3 times oversubscribed, …
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Posted on 20/04/2020

UAE groups implicated in suspected violation of Libyan arms embargo

The shipment, under investigation by a UN panel of experts, had a market value of nearly $5m at the time it was loaded in the UAE and was delivered last month to the city of Benghazi, the headquarters …
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Posted on 20/04/2020

Dubai’s Biggest Bank Books $696 Million in Provisions on Virus

Emirates NBD PJSC set aside about $700 million in the first quarter to cover bad loans, giving investors a glimpse at the damage the coronavirus and lower oil prices are wreaking on bank earnings in …
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Posted on 19/04/2020

Dubai’s real estate ‘shows signs of stability in Q1’

While social distancing has created challenges for business continuity in the last two weeks, Dubai’s real estate sector has been largely unaffected in the first quarter of 2020, since the government …
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