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Posted on 14/10/2020

First Abu Dhabi Bank denies merger talks with Abu Dhabi Islamic Bank

First Abu Dhabi Bank (FAB) said on Wednesday it was not in merger talks with Abu Dhabi Islamic Bank. The comment followed a local news report by Arabian Business which said Abu Dhabi’s largest bank by …
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Posted on 14/10/2020

Abu Dhabi T10 can make cricket a global sport: Sam Billings and Carlos Brathwaite

While all eyes are locked on the ongoing Indian Premier League (IPL) 2020 in the UAE, preparations have started for the Abu Dhabi T10, which has a separate fan-base for the fast-paced, superstar-laden …
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Posted on 14/10/2020

COVID-19: Why expats stay on in the UAE despite loss of jobs, income

Dubai: Ever wondered how some UAE residents are living their lives in the emirates with no jobs or source of income? Well, many of them say they have no choice. Take the case of Indian expat …
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Posted on 14/10/2020

NCEMA Director General gets Covid-19 vaccine in UAE

The UAE has authorised the emergency use of the vaccine as part of the country’s measures to protect health workers in close contact with Covid-19 …
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Posted on 14/10/2020

Commercial Bank of Dubai sells $600 mln in perpetual bonds

Commercial Bank of Dubai CBD.DU has sold $600 million in perpetual bonds that are non-callable for six years at 6% and received more …
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Posted on 14/10/2020

The Dubai Shopping Festival Dates Have Been Announced

The next edition of Dubai Shopping Festival (DSF … The Outlet Village, Al Seef, La Mer) and Nakheel Malls (Ibn Battuta Mall, The Pointe, Nakheel Mall, Dragon Mart 2) and it is supported by the key …
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Posted on 14/10/2020

3,936 bachelors, labourers evicted from 185 houses in Sharjah residential area

Sharjah: Sharjah authorities have intensified their efforts to implement the decision of His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, to …
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Posted on 14/10/2020

Over 3,936 bachelors evicted during 1,514 inspections in Sharjah’s Al Qadisiya

More than 3,936 bachelors were evicted from185 ‘family only’ residences during 1,514 inspections carried out by the Sharjah Municipality in Al Qadisiya area. The civic body also issued fines to owners …
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Posted on 14/10/2020

UAE Research Program for Rain Enhancement Science Announces Targeted Research Areas for Fourth Cycle Projects

The UAE Research Program for Rain Enhancement Science (UAEREP) today announced the targeted research areas of the program’s fourth cycle, which will be open for proposal submissions in early 2021.
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Posted on 14/10/2020

Commercial Bank of Dubai tightens yield for perpetual bonds at 6% – document

Commercial Bank of Dubai CBD.DU has set the final yield at 6% for U.S. dollar-denominated perpetual bonds that are non-callable for six years and received more than $1.4 billion in orders for the debt …
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Posted on 14/10/2020

Dubai property prices, rents could drop further in Q4 2020 – Chestertons

Dubai’s real estate market may have to brace for tougher times ahead, though more villas and apartments were sold in the third quarter of the year, Chestertons said on Wednesday. Sales rose by 50 …
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Posted on 14/10/2020

Photos: Why Abu Dhabi Police are fixing stickers on vehicle windshields

The Abu Dhabi Police are handing out digital stickers with traffic awareness messages to motorists at security checkpoints at the entrance of Abu Dhabi. The move aims to promote road safety in the …
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Posted on 14/10/2020

Dubai fines 2 businesses, warns 8 for violating COVID-19 guidelines

Field inspectors from the Commercial Compliance and Consumer Protection, CCCP, Sector in Dubai Economy continued their visits to open markets and shopping centres across the emirate on Tuesday to …
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Posted on 14/10/2020

Up to Dh500,000 fine in UAE for insulting posts on social media

Officials had released figures showing that they handled 512 cases of social media violations in 2019, compared to 357 in 2018.
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Posted on 14/10/2020

Dubai rent collector jailed over threat to kill tenant

A Dubai rent collector who was accused of threatening to kill a woman’s husband over a rent dispute was sentenced to three months in jail by the Dubai Court of First Instance. According to official …
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Posted on 14/10/2020

2 Dubai shops fined over staff’s failure to wear face masks

A sewing shop and a local tour organisation in Dubai have been fined after their employees were caught without face masks, authorities said on Wednesday. The two establishments are both located in the …
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Posted on 14/10/2020

An esports, VR gaming complex to be set up in Abu Dhabi

A vast esports and VR gaming complex is set to open in Abu Dhabi in 2021. To be known as Pixel, the complex is being built at Al Qana, an upcoming waterfront destination in the UAE capital.
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