UAE banks provided 16.5 billion dirhams ($4.49 billion) in loans to the country’s industrial and businesses sectors in the first three months of 2020, a period that includes the initial stages of the …
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Dubai reopens parks, hotel beaches in further easing of curbs
The United Arab Emirates business and tourism hub Dubai has allowed public parks to reopen and hotel guests to access private beaches, state media said, as the emirate gradually lifts restrictions …
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$4.5bln credit facilities to industrial, business sectors by UAE banks in three months
ABU DHABI – UAE banks provided AED16.5 billion in loans in Q1-2020 to the industrial and business sectors, bringing to circa AED818.8 .1 bn the total credit facilities obtained by the two sectors …
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Built for a global economy, Dubai now threatened by virus
Dubai built a city of skyscrapers and artificial archipelagos on the promise of globalization, creating itself as a vital hub for the free movement of trade, people and money worldwide — all things …
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UAE can face challenges in post-Covid-19 phase
Governments will focus on adopting modern agricultural technologies and utilising renewable natural resources in food production.
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Dubai ‘sells’ lights on world’s tallest building to raise money for coronavirus relief
Burj Khalifa, has become a glowing charity donation box, raising money for food for United Arab Emirates residents …
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WATCH: Mother and daughter, 5, reunited after 60 days at Sharjah airport
The Sharjah resident thanked UAE authorities for flying her 5-year-old daughter back to the UAE after she was stuck in Syria due to flight restrictions imposed to combat the spread of COVID-19. The …
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UAE to build post COVID-19 economy on digital, announces two-phase recovery plan
COVID-19 created a situation where governments need to play “more active role” Dubai: The UAE has given the first indication of how it plans to shape the economy in a post-COVID-19 world – Go Big on …
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Dubai business activity hit in April due to Covid-19
Employment conditions worsened again in Dubai at the start of the second quarter. This website uses cookies to improve your online experience. They were placed on your computer when you launched this …
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Dubai turns world’s tallest building into coronavirus charity box
The world’s tallest building, Dubai’s 828-metre Burj Khalifa, has become a glowing charity donation box, raising money for food for United Arab Emirates residents suffering the economic impact of the …
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Sharjah Municipality inspects the damage after Abbco Tower blaze
Sharjah Municipality officials inspected Abbco Tower – the scene of May 5’s fire in Al Nahda – on Monday to determine the condition of the building and to assess what maintenance needs to be done …
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Abu Dhabi bets on virtual events to revive tourism
Abu Dhabi welcomed more than 11 million tourists in 2019. Now that travel restrictions are preventing visits from overseas, the city is encouraging people to experience its cultural events online.
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Majid Al Futtaim set to open Sharjah’s biggest mall in March
Majid Al Futtaim’s decision comes in the light of the global disruption in the retail sector due to the Covid-19 pandemic. The additional months will allow all of City Centre Al Zahia’s tenant …
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Dubai Chamber Stages Online WorkShop On The UAE National Self-Employment Platform
A new platform to promote skilled UAE citizens providing fee-based services to government and private agencies.
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Dubai business activity in April hit due to Covid-19
Lockdown measures in Dubai dampened the spread of coronavirus disease 2019 (Covid-19) and had another drastic impact on business activity in April, said IHS Markit Dubai Purchasing Managers’ Index …
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Sharjah issues decree on real estate expropriation
HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, today (May 10) issued a decree on the expropriation of real estate for the public benefit in the Emirate of …
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Coronavirus: Over 60s in UAE ask for a designated hour at malls to shop and exercise
For someone as independent as Dorman, the lack of exercise and physical movement has been a huge concern. And although the rules allow exercise for one or two hours outdoors, provided residents do not …
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