Investment Corporation of Dubai (ICD), the Dubai government’s main investment arm, is expected to sell $500 million in long five-year bonds at 275 basis points over mid-swaps, a document showed on …
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Sharjah Ruler opens Al Subaihiya Suburb Council in Khorfakkan
His Highness Dr. Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the Al Subaihiya Suburb Council in Khorfakkan this morning. After unveiling the official …
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Sharjah International Book Fair: The world reads from Sharjah
With COVID-19 engulfing the world, Sharjah sends a clear message that life must go on On November 4, the Sharjah International Book Fair (SIBF) will open its doors to book lovers again. Not virtually, …
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‘Fans are going crazy’ waiting for Khabib Nurmagomedov to fight again, an Abu Dhabi government official who helped build Fight Island said
Our data provider is having technical issues, live scoring and stats are impacted. We are working with them to enable your sports experiences again as quickly as possible. FIGHT ISLAND — Khabib …
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Abu Dhabi DoE updates violation lists for developers, businesses; fines up to $2.72mln
The Abu Dhabi Department of Energy (DoE) announced on Wednesday that it has updated its list of violations and administrative fines that will affect all licensed entities, real estate developers, …
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Dubai City Half Marathon first mass event since COVID-19 pandemic
More than 400 runners from over 40 countries are scheduled to participate in Friday’s 2020 Mai Dubai City Half Marathon, the first mass-running event to be staged in Dubai and the UAE since the …
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Abu Dhabi department of energy updates list of violations, fines for licensed entities
The Abu Dhabi Department of Energy (DoE) has updated its schedule of violations and administrative fines, affecting all licensed entities, real estate developers, facility owners, energy services …
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RAKBank: Tackling the surge in cybercrime
However, one of the downsides of this massive shift to online was the surge in cybercrime rates. The hike in unemployment and online activities attracted cybercriminals who are always quick to take …
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Dubai’s Emirates NBD records 55% net profit dip for first nine months of 2020
Dubai-based lender Emirates NBD recorded a 55 per cent drop in net profit for Q1-Q3 2020, posting Dhs5.6bn, down from Dhs12.48bn during the year-earlier period. The decline in net profit was …
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Scrap yard gutted in massive Sharjah fire
An auto parts scrap yard in Sharjah was gutted in a fire on Tuesday morning. The blaze erupted at 4.23am in the emirate’s Industrial Area No. 10, civil defence officials said. All the auto parts …
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Israel and UAE sign visa and pipeline deals to cement alliance
Israel and the United Arab Emirates on Tuesday signed a flurry of deals, mediated by the US, to add heft to a normalisation agreement in which the Gulf state has pivoted towards Israel after decades …
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Israel says UAE visit “making history’
Posted . In a historic first visit by a Gulf Arab nation, a United Arab Emirates delegation arrived in Israel on Tuesday, accomp …
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Abu Dhabi Investment Firm to Form Digital Bank With $545 Million Capital
Abu Dhabi investment firm ADQ plans to set up a digital bank with an initial capital of 2 billion dirhams ($545 million) after obtaining the legacy license of First Gulf Bank.
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On-demand bus service to be trialled in Abu Dhabi
Precautionary measures to prevent the spread of Covid-19 include limiting the capacity of each bus to seven passengers.
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UK festival not returning to Au Dhabi over sexual assault claims
Tolerance Minister Sheikh Nahyan bin Mubarak Al Nahyan is accused of sexual assault by one of the event’s curators.
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UAE Sends First Official Israel Delegation
They were accompanied by U.S. Treasury Secretary Steven Mnuchin.
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Israel, UAE Agree To Visa-free Travel As Ties Deepen
Israel and the United Arab Emirates agreed to visa-free travel on Monday, an unprecedented arrangement between Israel and an Arab state, signed as the first ever official UAE delegation landed in Tel …
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