S&P Global warned that Dubai’s economy was set to shrink 11% this year, as it cut the credit ratings of two of the emirate’s biggest property firms to ‘junk’ status. LONDON, July 10 (Reuters) – S&P …
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Pakistan expects UAE remittances to be slashed as pandemic hits migrant workers
UAE’s majority-expat population is Pakistani, and in a typical year the South Asian nation receives $4.6 billion in remittances from the UAE alone.
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Tributes paid to Deputy Ruler of Sharjah
Tributes have been paid to Sheikh Ahmed bin Sultan Al Qasimi, the Deputy Ruler of Sharjah, who died on Thursday. Messages of condolence were shared by the UAE’s leadership and rulers across the Arab …
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UAE shoots for Mars in Arab world’s first space mission
Now almost half a century after the Soviet Union’s Mars 3 lander, the wealthy emirate is aiming to send its own satellite — the Arab world’s first — into orbit around the red planet in time for its …
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Dubai Counts On Pent-up Demand For Tourism Comeback
After a painful four-month tourism shutdown that ended this week, Dubai is betting pent-up demand will see the industry quickly bounce back, billing itself as a safe destination with the resources to …
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Eyes On The Stars: UAE’s Mars Probe A First For The Arab World
The oil-rich United Arab Emirates has built a nuclear power programme and sent a man to space, and now plans to join another elite club by sending a probe to Mars. Only the United States, India, the …
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UAE said to be holding up Gulf deal that could end Qatar blockade and protect US interests in Middle East
Delay caused by the UAE has temporarily denied the Trump administration a crucial, hard-fought foreign policy win in the Middle East.
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S&P Sees Tough Years for Dubai Property, 11% GDP Crunch on Covid
Dubai’s economy will likely suffer a “significant shock” this year as the coronavirus pandemic and its consequences weigh on most sectors in the Middle East’s business hub, according to S&P Global …
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UAE leaders mourn the death of Deputy Ruler of Sharjah
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has condoled with the Ruler of Sharjah, the royal family and the people of Sharjah over …
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Sharjah Deputy Ruler passes away, 3-day mourning declared
A statement issued by the Sharjah Media Office said that the senior royal passed away on Thursday (Zul Qaadah 18, 1441 AH) in the UK. The office of His Highness, the Ruler of Sharjah, extends its …
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Sharjah Ruler’s Court mourns Sheikh Ahmed Bin Sultan Al Qasimi
In a statement, the Ruler’s Court expressed its deepest condolences to the family of the deceased and members of Al Qasimi family, praying to Allah to rest his soul in Paradise.
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Bank of Sharjah posts Dh488m 2019 loss from Lebanese subsidiary
Bank of Sharjah’s UAE operations continued to generate solid profits with a net profit of Dh163 million for full year 2019, up 25 per cent, compared to the previous year. Image Credit: Supplied …
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Sharjah, Government of — Moody’s assigns provisional (P)Baa2 rating to Sharjah’s Global Medium Term Notes programme
Moody’s Investors Service (“Moody’s”) has assigned a provisional rating of (P)Baa2 to the Government of Sharjah’s Global Medium Term Note (GMTN) Programme. Moody’s expects to assign definitive rating( …
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All coronavirus patients discharged from 3 Sharjah hotels used for quarantine
Mohammed Al Zarooni, director of Sharjah medical area, said that all of the three hotels are free of Covid patients now and only one other hotel still has a few patients, who are recovering fast. Also …
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Navy, Air Force troops train with UAE pilots to thwart fast-boat attacks in the Persian Gulf
An AH-64D Apache from UAE Joint Aviation Command launches from the flight deck of the Lewis B. Puller (Chief Petty Officer Thomas Joyce/Navy) U.S. Navy and Air Force troops joined with United Arab …
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UFC 251 ‘Embedded,’ No. 3: Kamaru Usman arrives in Abu Dhabi
UFC 251 takes place Saturday, and the promotion’s popular “Embedded” series returns to get you ready for fight night.
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UAE- SEA supports educational institutions’ efforts for promotion and advancement: Sharjah Ruler
SHARJAH, 8th July, 2020 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, stressed that the establishment of the Sharjah Education Academy, SEA, is …
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