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Posted on 21/01/2021

Abu Dhabi and Aldar to develop $12.25bn worth of projects

Framework agreement will see Aldar take on the management of major projects, as well provide management oversight for Musanada projects, amongst other duties …
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Posted on 21/01/2021

UAE steps in to ease Nile dam crisis

Sudanese reports recently revealed that the United Arab Emirates is seeking an initiative to bring the views of Egypt, Sudan and Ethiopia closer so as to break the deadlock in the negotiations on the …
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Posted on 21/01/2021

Dubai Places Curbs on Hotels and Hospitals as Cases Surge

Dubai ordered hotels and restaurants to put entertainment activities on hold and asked hospitals to cancel elective surgeries amid a record daily surge in coronavirus cases in the United Arab Emirates …
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Posted on 21/01/2021

UAE Signs Agreement to Purchase F-35s, Drones From US

The United Arab Emirates signed an arms agreement, which includes the purchase of F35 fighter jets, with the United States just hours before US President Joe Biden was inaugurated, Reuters first …
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Posted on 21/01/2021

UAE telecom giants Etisalat, Du increase foreign ownership limit to 49%

Shares of Etisalat and Du jumped more than 14% following the announcement to consider lifting foreign ownership limit …
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Posted on 21/01/2021

UAE’s Etihad to start flights to Qatar next month

UAE’s national carrier, Etihad Airways, will restart flights to Doha, Qatar following the lifting of a three-year blockade, the Abu Dhabi-based airline confirmed on Wednesday. The flights will start …
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Posted on 21/01/2021

Dubai cancels non-essential surgery, live entertainment as COVID-19 cases surge

Dubai has suspended non-essential surgery for a month and live entertainment in hotels and restaurants until further notice as coronavirus infections surge.
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Posted on 21/01/2021

Vaccine Rollout Lifts Dubai Shares to Top of the Equity Pile

One of the world’s fastest vaccine rollouts is fueling one of its best stock rallies.As the United Arab Emirates pushes its inoculation program, the Dubai Financial Market General Index has climbed 12 …
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Posted on 21/01/2021

Dubai Places Restrictions on Hotels and Hospitals as Cases Surge

Dubai has ordered hotels and restaurants to put all entertainment activities on hold and is asking hospitals to cancel elective surgeries amid the biggest surge in coronavirus cases in the United Arab …
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Posted on 21/01/2021

Vistara adds Sharjah flights in bid to expand in the Middle East

India’s Vistara plans to strengthen its position in the Middle East with the addition of a direct daily flight to Sharjah from the Indian commercial capital Mumbai, sister title Arabian Business …
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Posted on 21/01/2021

UAE Covid vaccine: Detainees in Sharjah pretrial centres given jab

Keeping in line with the UAE’s nationwide campaign to vaccinate at least half of the eligible population against Covid-19 by the end of March, the Sharjah Police have inoculated detainees in pretrial …
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Posted on 21/01/2021

Aldar jumps as Abu Dhabi signs off on $12bn in deals

Aldar Properties climbed the most in almost three months after Abu Dhabi signed off on deals worth $12.3bn. The company will take on management of Dhs30bn ($8.2bn) in developments and provide …
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Posted on 21/01/2021

Abu Dhabi Municipality carries infra works for old Al Bahya

The scope of the project included the construction of 56 car parks, and the construction of entrance and exit to the area …
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Posted on 21/01/2021

UAE’s Empower eyes overseas expansion as profit surges to $245.50mln

Empower is on track to expand its operations into other emirates while seeking to enter new market including Saudi Arabia, Egypt and Bahrain …
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Posted on 21/01/2021

UAE signs up for F-35 in 11th hour of Trump administration: report

Hours before the swearing in of US president Joe Biden, the United Arab Emirates (UAE) has reportedly signed a deal for 50 Lockheed Martin F-35As and 18 General Atomics Aeronautical Systems MQ-9B …
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Posted on 21/01/2021

UAE will reinforce sustainability commitment: Al Jaber

The UAE is reinforcing its commitment to sustainable development in global post-Covid economic recovery, according to Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and UAE …
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Posted on 21/01/2021

About One Hour Before Biden Takes Office UAE Signs Deal With U.S. To Buy 50 F-35s and 18 MQ-9s

UAE inked an agreement with the U.S. to purchase 50 F-35 jets and up to 18 MQ-9B drones. Few hours before Biden’s inauguration, “the UAE has signed an agreement with the United States …
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