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Posted on 02/06/2020

expo 2020 dubai postponed to 2021

expo 2020 dubai has been officially postponed with the global mega event now running from 1 october 2021 to 31 march 2022. the decision has been taken after two-thirds majority of the bureau …
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Posted on 02/06/2020

Is Dubai About To Get Another Bailout From Richer Neighbor Abu Dhabi?

The governments of Abu Dhabi and Dubai are in talks about a support package for the beleaguered Dubai economy, according to a report by Reuters on May 15, reviving memories of Abu Dhabi’s last …
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Posted on 02/06/2020

Zaha Hadid Architects reveals interiors of ME Dubai hotel at the Opus

The newly opened ME Dubai hotel at the Opus by Zaha Hadid Architects features furniture by Zaha Hadid Design and curving sculptural balconies. Set in Dubai’s Burj Khalifa district, the Opus is a …
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Posted on 02/06/2020

MIDEAST STOCKS-Abu Dhabi outperforms; Saudi retreats

Most major stock markets in the Middle East closed higher on Tuesday, with Abu Dhabi outperforming the region, whereas the Saudi index retreated ahead of an OPEC+ meeting on output cuts. By Ateeq …
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Posted on 02/06/2020

Dubai to Reopen Malls and Private Businesses

Dubai will allow the full reopening of malls and private businesses starting on Wednesday, its media office said, after the gleaming United Arab Emirates busines …
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Posted on 02/06/2020

Gourmet home delivery is here to stay in Dubai

Restaurants around the world have relied on takeout to stay in business while under lockdown. But some of Dubai’s top eateries are making gourmet home delivery a regular offering.
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Posted on 02/06/2020

Abu Dhabi Said to Near Pipeline Deal With GIP-Backed Group

Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset …
( read original story …)


Posted on 02/06/2020

Emirate of Sharjah starts marketing 7-year dollar sukuk – document

Sharjah, the third-largest emirate of the United Arab Emirates, began marketing seven-year sukuk, or Islamic bonds, denominated in U.S. dollars on Tuesday, according to a document from one of the …
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Posted on 02/06/2020

Coronavirus live news: Singapore reopens schools; Abu Dhabi closes borders

Dr Fauci says he hasn’t spoken to Trump in two weeks; New Zealand to consider easing restrictions earlier; Mexico deaths pass 10,000 …
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Posted on 02/06/2020

US and China vie for influence in UAE as coronavirus increases tension

Shortly after opening the largest Covid-19 testing centre outside of China, the United Arab Emirates offered the US embassy hundreds of tests to screen its staff. But the gesture by the UAE — one of …
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Posted on 02/06/2020

TiE Dubai Invites The MENA’s Female Entrepreneurs To A Global Startup Competition

MENA region’s aspiring female entrepreneurs will now have an opportunity to collaborate and exhibit their business ideas at TiE’s global initiative, TiE Women.
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Posted on 02/06/2020

TiE Dubai Takes MENA’s Female Entrepreneurs To A Global Startup Competition

MENA region’s aspiring female entrepreneurs will now have an opportunity to collaborate and exhibit their business ideas at TiE’s global initiative TiE Women.
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Posted on 02/06/2020

The Blockchain Was Born 20 Years Before Bitcoin.

Scott Stornetta spoke about the creation of blockchain. The creation of a hashchain linked to a Time Stamp Authority, coupled with a global witness.
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Posted on 01/06/2020

Abu Dhabi Said to Near Pipeline Stake Sale to GIP-Backed Group

Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset …
( read original story …)


Posted on 01/06/2020

Emirate of Sharjah hires banks for sukuk that could go up to $1 billion

DUBAI, June 1 (Reuters) – Sharjah, the third-largest emirate of the United Arab Emirates, has hired banks to arrange the issuance of seven-year U.S. dollar denominated sukuk, or I …
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Posted on 01/06/2020

Sharjah hires banks for sukuk that could go up to $1bln

DUBAI – Sharjah, the third-largest emirate of the United Arab Emirates, has hired banks to arrange the issuance of seven-year U.S. dollar denominated sukuk, or Islamic bonds, a document showed. HSBC …
( read original story …)


Posted on 01/06/2020

UAE Emirate of Sharjah Hires Banks for $1 Billion Sukuk Sale

The tiny emirate of Sharjah hired banks to raise as much as $1 billion from international debt markets, joining wealthier Gulf states to shore up its finances against the fallout of the coronavirus …
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