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Posted on 06/10/2020

Ambani sells over $750 million Reliance Retail stake to Abu Dhabi Investment Authority

Abu Dhabi Investment Authority, which invested $750 million in Indian telecom giant Jio Platforms in June this year, has returned to invest just as much capital in Mukesh Ambani’s other venture.
( read original story …)


Posted on 06/10/2020

UAE Minister Vows ‘Never Again’ in Berlin Holocaust Memorial Visit Together With Israeli Counterpart

Nahyan, his Israeli counterpart Gabi Ashkenazi and German Foreign Minister Heiko Maas are pictured before their historic meeting at Villa Borsig in Berlin, Germany, October 6, 2020. REUTERS/Hannibal …
( read original story …)


Posted on 06/10/2020

UAE, Israel ministers in ‘historic’ first meet at Holocaust Memorial

The foreign ministers of Israel and the United Arab Emirates on Tuesday visited the Holocaust Memorial in Berlin during their “historic” first meeting, a major step forward for their new relations.
( read original story …)


Posted on 06/10/2020

Dh200,000 fine, jail term for forging, counterfeiting currency in UAE

The video is part of the public prosecution’s social media campaign to enhance the public awareness on the UAE’s laws.
( read original story …)


Posted on 06/10/2020

Dubai travel: Am I allowed to visit, are hotels and restaurants open and what rules are in place?

With year-round sunshine and just a few days of annual rainfall, it’s no wonder Dubai is such a hit with British holidaymakers – 1.2 million Brits visited in 2019. Now that Dubai has started issuing …
( read original story …)


Posted on 06/10/2020

Bitrump to List More Utility Tokens to the Platform this Quarter

Bitrump, the UAE-based cryptocurrency exchange is planning to add more crypto assets to its platform. The team is all set to focus on listing utility tokens that are backed up …
( read original story …)


Posted on 06/10/2020

UAE Surpasses 100,000 Coronavirus Infections

The United Arab Emirates, with a population of around 9.9 million people, surpassed 100,000 recorded cases of COVID-19 infection on Tuesday. The UAE, whose tally stands at 100,794 infections and 421 …
( read original story …)


Posted on 06/10/2020

UAE once again chosen as the ‘top country to live in’ by Arab youth

The UAE has been chosen as the top country in the world to live in by nearly half of all Arab youth for the ninth consecutive year, according to the annual Arab Youth survey conducted by Asda’a BCW.
( read original story …)


Posted on 06/10/2020

Bitrump is planning to list more utility tokens

Major crypto exchange from the UAE, Bitrump, has plans to list some more digital currencies to its platform. However, according to new information, the exchange seems to be focusing on utility coins …
( read original story …)


Posted on 06/10/2020

Sharjah celebrates Pink October

In conjunction with the global breast cancer awareness month, which is marked in October every year, Sharjah Ladies Club (SLC) announced a series of activities to raise women’s health awareness about …
( read original story …)


Posted on 06/10/2020

Saudi former intelligence chief slams Palestinian criticism of UAE-Israel deal

RIYADH — Saudi Arabia’s former intelligence chief and ambassador to the United States, Prince Bandar bin Sultan bin Abdulaziz, slammed the Palestinian leadership for criticizing the decision of some …
( read original story …)


Posted on 06/10/2020

Dubai Chamber’s Latest Ask The Expert Edition Is Welcoming Questions On Accessing Finance And Managing Cash Flow

The latest edition of Dubai Chamber’s Ask The Expert will feature Natalia Sycheva, Manager – Entrepreneurship, Dubai Chamber of Commerce.
( read original story …)


Posted on 06/10/2020

Morning fog causes traffic jam on Sheikh Zayed Road in Dubai

Long tailbacks were reported on E11 highway in Dubai as morning fog covered the emirate on Tuesday morning. The National Centre of Meteorology issued an alert of fog building up around 2am and is …
( read original story …)


Posted on 06/10/2020

Abu Dhabi to create food & beverage giant under ADQ

Abu Dhabi plans to combine two food and beverage companies to create a new national champion in the sector, as part of consolidation efforts in the oil-rich emirate led by ADQ, a state-owned holding …
( read original story …)


Posted on 06/10/2020

6 Abu Dhabi construction firms fined for flouting tower cranes’ safety norms

The Abu Dhabi Municipality said the violating firms were identified during inspection campaigns carried out on 160 construction sites …
( read original story …)


Posted on 06/10/2020

Abu Dhabi’s Senaat to sell stake in date company to Agthia, create ‘local F&B champion’

A consolidation move is happening in Abu Dhabi’s food sector, with senaat (or General Holding Corporation) to transfer majority shareholding in Al Foah Company – the world’s largest date processing …
( read original story …)


Posted on 06/10/2020

Abu Dhabi Investor Proposes Raising Stake in Food-Producer

Abu Dhabi’s Senaat is seeking to raise its stake in food-producer Agthia Group in a 450 million-dirham ($123 million) transaction, amid a flurry of deals by its parent ADQ.
( read original story …)


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