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Tag: crypto

Posted on 26/04/2020

Kerala couple die five days apart in Sharjah

An Indian couple from Kerala, who had been married for 35 years, died five days apart in the UAE, their family said on Sunday. Sharjah resident Sophia Habeeb, 57, died on April 18 following a week’s …
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Posted on 26/04/2020

Sharjah Islamic Bank net profit increases 1.3% in Q1

SHARJAH- Sharjah Islamic Bank, SIB, has projected strong results despite the current situation, with net profits totaling AED153.7 million in the first quarter of 2020 compared to AED151.7 million in …
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Posted on 26/04/2020

Sharjah EPAA joins Sir Bu Nair island project

Sharjah’s Environment and Protected Areas Authority (EPAA) has announced a joint collaboration with the Emirates Marine Environment Group (EMEG) to establish a large-scale coral nursery off the coast …
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Posted on 26/04/2020

S&P lowers outlooks for UAE’s Sharjah, Ras Al Khaimah to negative

S&P Global Ratings has lowered its outlook to negative from stable for Sharjah and Ras Al Khaimah, two of the seven emirates that form the UAE, citing the financial risks of lower oil prices and the …
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Posted on 26/04/2020

Abu Dhabi’s Main Refinery Makes China Sales Push After Servicing

Abu Dhabi National Oil Co.’s main refinery is boosting efforts to sell fuel in China, where the economy is starting to recover from the coronavirus, according to Eni SpA, a partner in the plant. The …
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Posted on 26/04/2020

ESET researchers disrupt cryptomining botnet VictoryGate

ESET researchers have recently discovered a previously undocumented botnet named VictoryGate. It has been active since at least May 2019, and is composed mainly of devices in Peru, where over 90% of …
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Posted on 25/04/2020

Abu Dhabi’s Etihad extends suspension of scheduled flights to at least May 16

Abu Dhabi’s Etihad Airways said on Saturday it would extend its suspension of scheduled passenger flights until at least May 16 due to the coronavirus outbreak. The airline, which had aimed to …
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Posted on 25/04/2020

Abu Dhabi’s Etihad extends suspension of scheduled flights to May 15

Abu Dhabi’s Etihad airways said on Saturday it would extend its suspension of scheduled passenger flights until May 15. The airline had said it would partially resume passenger flights from May 1. Eti …
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Posted on 25/04/2020

Varkala becomes hotspot as Sharjah returnee tests positive

The panic caused by an Italian tourist testing positive here in March is still fresh in their memories. The patient has been cured and he left for his country on Tuesday. However, on Thursday, a …
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Posted on 24/04/2020

Dubai, hit by lockdown and oil price crash, could be headed for another debt crisis

Dubai, the glittering commercial hub of the Gulf, is facing the risk of a debt crisis reminiscent of the 2009 crash that wiped out thousands of jobs and nearly half the value of the emirate’s stock …
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Posted on 24/04/2020

UAE shortens curfew hours for Ramadan – WAM

The United Arab Emirates has shortened a nationwide coronavirus curfew by two hours to now run daily from 10 p.m. to 6 a.m. (1800 to 0200 GMT) for the Muslim fasting month of Ramadan, state news …
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Posted on 24/04/2020

Dubai to Ease Movement Curbs as Malls, Offices Slowly Reopen

Dubai, the Middle East’s business hub, is joining cities around the world in gradually loosening curbs after it enforced one of the strictest lockdowns to contain the spread of coronavirus.
( read original story …)


Posted on 23/04/2020

Indian Boy, 10, Found Dead In His Room In UAE’s Sharjah

A 10-year-old Indian boy was found dead in his bedroom after his parents broke open the locked door of his room in Sharjah, according to a media report. David Punnakkal, a grade six student who lived …
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Posted on 23/04/2020

Rothschild Hires Former Goldman Sachs Banker Calleja in Dubai

Rothschild & Co. hired former Goldman Sachs Group Inc. deal maker Ken Calleja in Dubai as the boutique bank readies for more advisory work in the oil-rich Gulf region. Calleja, who started as a …
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Posted on 23/04/2020

Sharjah Club keeps faith in Al Anbari as coach

The club management has kept the faith on Abdul Aziz Al Ansari to continue as Sharjah Club coach. Image Credit: Sharjah Club Dubai: The new board of directors of Sharjah Club has quashed all rumours …
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Posted on 23/04/2020

UAE Considers Reopening Malls After Virus Shutdown

Health ministry and crisis authorities have requested a study into “the possibility of reopening commercial centres with their private sector partners while taking into consideration health …
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Posted on 23/04/2020

Abu Dhabi and Dubai prepare to reopen malls, announcing guidelines for easing some lockdown measures as Ramadan begins

The exact dates and timing of reopenings has yet to be announced, but are highly anticipated by business owners hit hard by the lockdowns aimed at curbing the spread of the coronavirus.
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