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Posted on 12/05/2020

Dubai startup Invygo raises $1m in funding

This investment is part of the Series A funding round led by EQ2 ventures, Class 5 Global, and 500 Startups. In November 2019, Invygo raised $1m in its seed round, led by San Fran …
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Posted on 12/05/2020

COVID-19 relief: Dubai family-owned businesses want 50 per cent cuts utility bills

Business heads also proposed customs duties should be cut by 50 per cent until year-end, while electricity, water and service bills should also be cut 50 per cent. Eliminating the taxes would improve …
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Posted on 12/05/2020

Dubai’s RTA makes significant power and water savings

RTA’s savings amounted to 45 million gallons of water, 30 million litres of fuel, and 39 million kilowatt-hours …
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Posted on 12/05/2020

Dubai private equity firm contests regulator’s $4.5mln penalty

Al Masah Capital says it has contested the allegations raised by the Dubai watchdog This website uses cookies to improve your online experience. They were placed on your computer when you launched …
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Posted on 12/05/2020

Dubai Family Businesses Ask For VAT Cut, Faster State Payments

Family-owned businesses in Dubai have asked the government to adopt several measures to help companies struggling to weather the current crisis, including reducing value added tax and speeding up …
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Posted on 12/05/2020

Tagged: dubai

Global Fintech News, including Crowdfunding, Blockchain and more …
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Posted on 12/05/2020

Coronavirus news bulletin from UAE: VP hails…

Here’s a round-up of all the latest developments you need to know: VP hails Sheikh Mohamed’s humanitarian response to Covid-19 His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and …
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Posted on 12/05/2020

COVID-19 Impact and Recovery Analysis- Education Market In UAE 2020-2024 | Increasing Student Enrollments to Boost the Market Growth | Technavio

The education market size in UAE is expected to grow by 378 thousand during 2020-2024, according to the latest market research report by Technavio. Request a free sample report This press release …
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Posted on 12/05/2020

UAE weather: It is partly cloudy and windy across the emirates

UAE residents can expect strong winds and dusty weather across the emirates. According to the National Centre of Meteorology, it is going to be dusty and partly cloudy with a gradual decrease in …
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Posted on 12/05/2020

UAE’s first Covid-19 patient to recover after stem-cell therapy tells of medical journey

Abdullahi Rodhile spent 40 days in intensive care at Sheikh Khalifa Medical City in Abu Dhabi before he began to improve …
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Posted on 12/05/2020

Coronavirus in UAE: Four families in quarantine after gathering for Taraweeh prayers

The UAE reported on Monday new cases of coronavirus infections among four families which did not adhere to precautionary measures and social distancing, and gathered for Taraweeh prayers, spreading …
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Posted on 12/05/2020

UAE stays region’s top foreign investment hub in Q1

The UAE remained the most attractive foreign investment destination in the first quarter as the value of merger and acquisition activity in the Middle East during the period rose by $5 billion in …
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Posted on 12/05/2020

Saudi, UAE, Kuwait extra cuts mean oil storage capacity will not be exceeded: Experts

The additional oil production cuts for June announced by three GCC producers on Monday on top of what they already agreed to with OPEC allies will help the world avoid global storage tank tops, …
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Posted on 12/05/2020

Coronavirus: UAE announces 680 new Covid-19 cases, 3 deaths

The UAE Ministry of Health and Prevention on Monday announced 680 new cases of the Covid-19 coronavirus, bringing the total number of cases to 18,878. 577 new recoveries were also …
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Posted on 12/05/2020

Post-COVID-19 UAE will focus on health, economy: Mohammed

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, praised the national humanitarian stances of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, …
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Posted on 12/05/2020

UAE based Fintech Spotii Introduces Buy Now Pay Later Platform via Partnership with Local Online Merchants

United Arab Emirates (UAE)-based Fintech firm Spotii has introduced its shop now (or buy now) pay later platform. Spotii has teamed up with various online merchants, allowing them to provide four …
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Posted on 12/05/2020

Guide to buying home insurance in the UAE

Home contents insurance is one of the most important types of insurance, but it is often thought of only after an incident occurs. In the context of the UAE, it is generally thought to be related to …
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