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Gulf Capital Acquires Majority Stake In The CWB Group, A Leading Intellectual Property Services Provider In The Middle East And North Africa
Founded in 2006, CWB provides Patent and Trademark services including counseling, clearing, filing, prosecution, maintenance, and enforcement services to Fortune 500 companies across the MENA region.
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Dubai International Heritage Sports Set To Launch In December 2020
Domus Group,in partnership with the Dubai Sports Council (DSC),has announcedthe launch of Dubai International Heritage Sports Exhibition & Conference (DIHSEC) which is set to be held from December 10 to 13, 2020.
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SHUAA Capital Appointed As Advisor To 500 Startups’ Falcons 1 Fund
SHUAA will be represented by its Chief Executive Officer, Jassim Alseddiqi, said a press statement issued on Sunday.
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RTA Resumes Global Village Bus, Abra Services, Upholds Precautionary Measures
The RTA will also resume the electric Abra tourist services inside the village as of 25th October, 2020, the date coincides with the silver jubilee of this premier tourist and family destination.
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Dubai Economy Fines 6 Businesses And Warns 3 For Violating COVID-19 Guidelines
Field inspectors from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy continued their visits to a number of open markets and shopping centres across the emirate yesterday to make sure that commercial establishments commit to the precautionary measures against COVID-19
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Dubai’s DMCC Awarded ’Global Free Zone Of The Year’ For Sixth Year In A Row By Financial Times’ fDi Magazine
100 free zones entered the competition, including a high concentration of peers in the Middle East region.
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Emirates Post Group Celebrates World Post Day
The senior leadership team of Emirates Post Group took to the field last week to mark World Post Day.
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Essential Upgrades For Your Home Recording Studio
Designing a home recording studio is a goal of many musicians and producers, no matter what stage you are in your development. When you first create your home studio, it is recommended that you cover all the basics and don’t spend an unnecessary amount of money until you know what you truly need.
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Al Lisaili (Al Marmoom) Has 365 Operating Companies To Date, Dubai Economy
A recent report by the Business Registration & Licensing (BRL) sector of Dubai Economy shows that the number of operating businesses in Al Lisaili (Al Marmoom) has reached 365 to date.
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Why Business Owners Must Consider Having Wayfinding Signage
Directing many customers to your business establishment can be challenging, especially if you have plenty of competitors. But if you have the proper signage with clear directions, you can attract many people to your space.
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Sandooq Al Watan Enters Strategic Partnership With University Entrepreneurship Programme
The programme is part of the implementation of the Dubai University Free Zones Strategy, launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, in March 2019.
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Dubai Economy Fines 11 Businesses And Warns 2 For Violating COVID-19 Guidelines
Field inspectors from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy continued their visits to open markets and shopping centres across the emirate yesterday to make sure that commercial establishments commit to the precautionary measures against COVID-19.
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Dubai Mercantile Exchange, Kpler To Deliver Enhanced Market Intelligence
Dubai Mercantile Exchange, DME, has announced the signing of Memorandum of Understanding with Kpler, a provider of data-driven transparency solutions in commodity markets.
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Mohammed Bin Rashid Adopts Decision Issuing Decree-Law On Wealth Management, Enabling Competitive Environment
The UAE Cabinet, headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has adopted a decision approving the issuance of a Federal Decree Law on Financial Covenants.
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Emirates Group Security Signs MoU With Security Industry Regulatory Agency (SIRA) To Expand Cooperation
Emirates Group Security and the Security Industry Regulatory Agency (SIRA), a governmental agency regulating the Security Industry in the Emirate of Dubai have signed a Memorandum of Understanding (MoU) to work closely on joint security training and education.
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Dubai Economy And DIHRD Mark Graduation Of 28 Employees In 3 Specialised Professional Programmes
Dubai Economy, in cooperation with the Dubai Institute for Human Resources Development (DIHRD) at the Dubai Government Human Resources Department (DGHR), organised a virtual graduation ceremony for the first batch of the Dubai Economy Leadership Diploma Programme (7).
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SHUAA Launches US$200 Million Financing Opportunities Fund
Following SHUAA’s recent success in the private credit space in deploying and returning in excess of $250 million to investors and generating mid-teen returns of c.15 percent in addition to $3 billion of structured and raised funding across all portfolio companies.
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Dubai Economy Shuts Down A Service Centre In Al Twar After An Event Led To Overcrowding
Dubai Economyhasdirected all businesses in Dubai to avoid holdingsuch events that might lead to overcrowding and reminded thatviolators will invite fines and closure orders.
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Dubai to host opening leg of HERO World Series 2021 in Hatta
The Dubai Sports Council announced that HERO Dubai Hatta 2021, the opening race of the HERO World Series 2021 international mountain bike circuit, will be held at the idyllic Hatta Nature Park on 5 March 2021.
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The best digital marketing strategies to use for your small business
There are so many digital marketing strategies you can use for your small business.
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Summary Of Weekly Real Estate Transactions For The Week Ending 08 October 2020.
The real estate and properties transactions valued at AED 4.7 billion in total during the week ending 08 October 2020. The sum of transactions was 1,268.
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Dubai Economy Fines 2 Businesses Violating COVID-19 Guidelines
Field inspectors from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy continued their visits to a number of open markets and shopping centres across the emirate yesterday to make sure that commercial establishments commit to the precautionary measures against COVID-19
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The Bankers Programme To Contribute Towards Development Of Future Bankers Across UAE
The ’Bankers Programme’ is a leading educative initiative that aims to contribute towards the development of future bankers across the UAE and ultimately augment the nation’s robust banking and financial systems.
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Mohammed Bin Rashid Al Maktoum Humanitarian And Charity Establishment Sends 100 Tonnes Of Relief Materials To People Affected By Floods In Sudan
A delegation from the establishment were on the aircraft, led by Saleh Zaher Saleh, Director of the Establishment, and including Saleh Ali Abdulrahman, Foreign Affairs Officer at the Establishment.
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AED 490 Million Is The Capital Increase Of Three Union Properties PJSC Subsidiaries
Union Properties PJSC, one of the largest real estate development companies with prominent residential and entertainment projects in the United Arab Emirates and the main developer of Dubai Motor City.
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Switzerland To Take Off For Expo 2020 Dubai Space Week
Switzerland reaffirms its commitment to the success of the Expo 2020 Dubai, which will run from 1 October 2021 to 31 March 2022, and marks one year to go to the upcoming World Expo. On this occasion, the Swiss Pavilion is taking part in the first Pre-Expo event on 5−6 October 2020.
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Dubai Fitness Challenge To Begin On 30th October
Dubai Fitness Challenge, DFC, the city’s flagship fitness initiative championed by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, is returning for its fourth edition from 30th October to 28th November, 2020.
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Federal Youth Authority Inaugurates ’Young Economists Programme’
The programme was organised by the FYA under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, to prepare a new generation of national economic leaders and equip them with the most advanced economic knowledge and global expertise.
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The Most Beautiful Buildings in Dubai
When Dubai sprung out of the deserts of the UAE, no one would have believed that it would contain some of the most beautiful pieces of architecture the world has ever seen.
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Five Sports Establishments Fined At Weekend For Non-Compliance With COVID-19 Protocols
Teams from Dubai Sports Council and Dubai Economy fined five sports establishments over the weekend for their failure to adhere to COVID-19 precautionary measures and safety guidelines.
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5 Tips For The UEA Online Casino Player
Online casino gambling is an enjoyable and exciting form of entertainment for people of all walks of life. Whether you are someone who enjoys playing casually, or some who enjoys gambling regularly, the options available to you are diverse and designed to cater to a broad range of interests.
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SHUAA Launches Three Sharia-Compliant Funds In ADGM, Secures $75 Million Of Commitments
SHUAA Capital has launched three Sharia compliant funds and already secured US$ 75 million of commitments.
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Dubai Economy Fines 8 Businesses And Warns 13 For Violating COVID-19 Guidelines
Field inspectors from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy continued their visits to a number of open markets and shopping centres across the emirate yesterday to make sure that commercial establishments commit to the precautionary measures against COVID-19
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Mohammed Bin Rashid Directs Amendments To Travel Protocols In Dubai
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has directed changes to be made to the travel protocols for passengers arriving or departing from Dubai.
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Dubai Launches Region’s First Association Of District Cooling Operators
Saeed Mohammed Al Tayer, Vice Chairman of Dubai Supreme Council of Energy, DSCE, announced that Dubai has launched the region’s first Association of District Cooling Operators to enhance the efficiency of district cooling operations and optimise water and energy resources.
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One Year Ahead Of The Opening Of Expo 2020, UAE Is Ready To Host Millions Of Visitors To Build The Future
With one year to go to the mega-event, the UAE is ready to host the first World Expo to be held in the Middle East, Africa and South Asia region.
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8 Tips On How To Study While Working
Dealing with an all day work and your studies simultaneously requires a decent degree of planning and prioritization. While a few students would decide not to work while furthering their education, there is a gigantic group of students who are balancing an occupation while studying for a degree.
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4 Tips To Help You Survive At University
University life can be challenging, especially if you don’t know how to go about it. You are basically tossed into the profound finish of life and expected to swim.
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Summary Of Weekly Real Estate Transactions For The Week Ending 01 October 2020
The real estate and properties transactions valued at 3.89 billion in total during the week ending 01 October 2020. The sum of transactions was 1,732.
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Union Properties Board Of Directors Approve AED 400 Million Offer Stake In Dubai Autodrome
During the session, the board also voted unanimously to acquire an existing investment property in the Business Bay area of Dubai, worth AED 250 million.
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Mohammed Bin Rashid Launches Emirates Lunar Mission
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has announced the launch of the Emirates Lunar Mission, the first Emirati and Arab mission to explore the moon.
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18 Establishments Fined And 12 Warned For Violating COVID-19 Precautionary Measures, Says Dubai Economy
The field inspection teams from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economyconducted 755 site visits across the emirate yesterday to ensure compliance with the precautionary measures currently in force to limit the spread of COVID-19.
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Dubai Economy Fines 7 Businesses And Warns One For Breach Of COVID-19 Precautionary Measures
The field inspection teams from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economyconducted 728visitsto open markets and shopping centres across the emirate yesterday to ensure compliance with the precautionary measures currently in force to limit the spread of COVID-19.
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Six Sports Establishments Fined At Weekend For Non-Compliance With COVID-19 Protocols
Teams from Dubai Sports Council and Dubai Economy fined six sports establishments over the weekend for their failure to adhere to COVID-19 precautionary measures and safety guidelines.
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Dubai Economy Fines 22 Businesses And Warns 2 For Violating COVID-19 Guidelines
The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy conducted 673inspection visits in a number of open markets and shopping centres across the emirate yesterday.
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DREI Organises Virtual Conference Titled ’Return Of Real Estate Markets With New Opportunities’ In October
The conference seeks to strengthen cooperation between DREI and BBMA.
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Dubai Economy Fines 14 Businesses And Warns 5 For Violating COVID-19 Guidelines
The field inspection teams from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy continued its visits and inspection tours across the emirate to ensure commitment to precautionary measures enforced to limit the spread of COVID-19.
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Dubai Has 29 Mineral Water Production Companies, Says Dubai Economy
A recent report issued by the Business Registration & Licensing (BRL) Sector in Dubai Economy states that the Emirate of Dubai has 29 local and international companies engaged in mineral water production including the Dubai Refreshment Company (DRC), which has been in the market for 60 years.
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DFM, Nasdaq Dubai Highlight Significant Role Of IR In Strengthening Listed Companies’ Links With Investors
Investor Relations, IR, is playing a growing role in strengthening the relationship between companies listed on Dubai’s capital markets and investors locally and internationally.
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Dubai Economy Fines 24 Businesses And Warns 5 For Violating COVID-19 Guidelines
The inspections resulted in fines being imposed on24commercial establishments, 17 for employees’ lack of commitment to wearing masks and seven for breaching physical distancing guidelines.
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Dubai participates in Reinventing Cities Challenge for Renovating Urban Projects
Dubai is participating in the Reinventing Cities Challenge for Renovating Urban Projects, organised by the C40 Network of Leading Cities for Climate Change, to renovate and transform several existing sites in cities into sustainable areas and projects.
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UAE stresses commitment to supporting efforts to reinforce international trade, investment
The UAE confirmed its commitment to supporting all global efforts to reinforce international trade and investment.
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Traders Can Deny Entry To Consumers Violating COVID-19 Guidelines, Says Dubai Economy
Dubai Economy affirmed that traders have the right to refrain from receiving, or providing services to, consumers and the public who do not commit to the COVID-19 precautionary measures, which are part of the protocols regulating the practice of commercial activities in the current phase.
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Dubai Number ONE Destination For Graduates Seeking A Career In Finance
Dubai is the number one global destination for graduates who successfully complete the flagship graduate programme at one of the world’s largest independent financial advisory organisations.
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Investment Corporation Of Dubai Launches Dubai Global Connect, A Unique Global Wholesale Market
The Investment Corporation of Dubai (ICD), in partnership with Dubai South, announced today the launch of Dubai Global Connect (DGC), a 1 million square meter B2B wholesale market in Dubai which will bring together buyers and sellers to safely and easily trade great goods from all over the world.
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The Big 5 To Gather Global Construction Leaders At Its Digital Festival
The Big 5, the international event accelerating growth in the construction industry for the past four decades, is launching the first Big 5 Digital Festival - Global this year.
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Dubai Customs: AED67b Airborne Gold, Diamonds Trade From 1st March To 30th June
Dubai Customs has announced that the emirate’s non-oil trade continued its growth against the current crisis. Being a hub for gold and diamond trading and making, Dubai made AED67.1b (601.4) from gold and diamond air-cargo trade between March and the end of June 2020.
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Dubai Economy Fines 4 Businesses And Warns 18 For Violating COVID-19 Guidelines
The field inspection teams also warned 18 other commercial establishments for not placing the physical distancing stickers as required.
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A Closer Look At The Chevrolet Corvette Stingray’s Award-Winning Interior
It is no surprise that WardsAuto recently named the Corvette Stingray one of the 10 Best Interiors of 2020.
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DMCC Completes Real Estate Transaction With Saudi-based Musharaka Capital
The price was decided after the fund obtained evaluations from two independent real estate accredited valuers, said DMCC in a statement on Monday.
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AREA 2071 Hosts Founder Institute’s Global Startup Accelerator Programme
Dubai Future Foundation, DFF, has announced its hosting of Founder Institute global startup accelerator programme for the first time at the regional level in AREA 2071, the innovation ecosystem in Dubai.
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Dubai Economy Shuts Down Sports Facility, Fines 10 Businesses And Warns 7 For Violating COVID-19 Guidelines
Dubai Economy further stressed that public health is a top priority and that stern action will be taken against any non-compliance with the precautionary measures found during its inspections or that may be brought to its attention by consumers and the public.
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Dubai Economy Fines 5 Businesses And Warns 10 For Violating COVID-19 Precautionary Measures
The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economyyesterday fined five commercial establishments.
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Dubai Economy Shut Down A Cafe And Issues 7 Fines And 5 Warnings For Violation Of COVID-19 Guidelines
Inspections teams form theCommercial Compliance & Consumer Protection (CCCP) Sectorin Dubai Economy conducted 673 field visits yesterday to various markets and commercial centres in the emirate to verify compliance with the precautionary measures in place to combat COVID-19.
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Number Of Operating Companies In Al Barsha Reaches 7,112, Says Dubai Economy
A recent report by the Business Registration & Licensing (BRL) sector of Dubai Economy shows that the number of operating businesses in Al Barsha has reached 7,112 to date.
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dnata Quadruples Catering Capacity In Dublin
dnata, one of the world’s leading air services providers, has commenced operations at its new catering unit in Dublin.
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Dubai Customs Fosters Cooperation With US, France On Tackling Counterfeits, Recycles AED3.2m Worth Of Goods
Dubai Customs held a video meeting with the French and the US diplomatic missions in Dubai to foster means of cooperation and join forces in protecting intellectual property rights, IPR, and preventing counterfeit products.
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Evaluations To Select The UAE’s Arab Reading Challenge Winner To Begin Sunday
National qualifications will officially begin on Sunday to select the UAE’s Arab Reading Challenge winner among 452,000 participating students.
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Dubai Economy Closes Down Shop For Violating COVID-19 Precautionary Measures
Dubai Economy has closed down a department store in the city for not adhering to the precautionary measures implemented following the outbreak of COVID-19.
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Serco Middle East Commemorates The 11th Anniversary Of Dubai Metro And Partnership With RTA
International public services company, Serco Middle East, is marking today the completion of 11 years of the Dubai Metro, the most advanced and modern rail system in the UAE.
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Dubai Maritime City Authority Calls On Marine Crafts And Jet Ski Users To Comply With The Marine Safety Instructions
In line with the commitment towards ensuring safety of The Emirate of Dubai water users, the Dubai Maritime City Authority (DMCA) urged marine crafts and jet ski users to follow the set of marine safety guidelines.
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Dubai Future Foundation, Dubai Municipality Launch ’Future Of Construction Tech’ Programme
Dubai Future Foundation and Dubai Municipality have announced the launch of the "Future of Construction Tech" programme within Dubai Future Accelerators, DFA.
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Dubai Economy Emphasises Need To Adhere To Precautionary Measures
Dubai Economy recently summoned the management of a department store that failed to comply with the precautionary measuresagainst COVID-19, most notably physical distancing, during a discount sale.
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Gulf Capital and MEED-GlobalData announce virtual conference to help accelerate recovery of the region’s SME ecosystem
The Gulf Capital SME Insights Summit is a virtual conference that will bring together industry experts to provide valuable insights on the way forward for SMEs during their road to recovery.
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DEWA Organises Online Awareness Campaign Of Its Smart And Inclusive Services For People Of Determination
Dubai Electricity and Water Authority, DEWA, has launched an awareness campaign through its website, email and social media.
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Dubai Issues US$2b In Sukuk And Bonds With Lowest Interest Rate In Its History
The Government of Dubai officially announced today the successful completion of an issuance process consisting of ten-year Islamic Sukuk of US$1 billion at a profit rate of 2.763 percent and thirty-year government bonds of US$1 billion at an interest of 3.90 percent.
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MoF Launches Next Phase Of Mohammed Bin Rashid Innovation Fund
The next phase will create an integrated work environment that supports innovation and will integrate all the services the fund provides in a way that benefits its innovative members.
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Hamdan Bin Mohammed Issues Resolution Regulating Establishment Of Companies By Dubai Government Entities
Dubai Crown Prince and Chairman of The Executive Council of Dubai H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said the continuous development of the emirate’s legislative framework is crucial to the achievement of Dubai’s strategic objectives.
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Dubai Municipality Opens Mushrif Park For Cycling Enthusiasts
Dubai Municipality has announced that it has opened Mushrif Park to cyclists every day from 6 am to 9 pm free of charge.
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IACAD Announces Resumption Of Prayers In Mosques In Industrial Zones At 30 Percent Limit
The Islamic Affairs and Charitable Activities Department, IACAD, announced the resumption of prayers in mosques in industrial zones and workers’ cities, starting with today’s fajr prayers, but with a limit of 30 percent of capacity.
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Emirates to resume flights to Lusaka from 4 September, expanding connections to Africa
Emirates announces the resumption of passenger services to Lusaka with two weekly flights to/from Dubai effective 4 September, which will boost the airline’s global network to 79 cities.
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Nasdaq Dubai Signs Agreement To Attract Chinese Listings To Dubai
Nasdaq Dubai has announced the signing of a strategic cooperation agreement with Hong Kong-based Zhongtai Financial International and Beijing Tian Tai Law Firm Shanghai Branch, to support Chinese companies that wish to list on the Middle East’s international financial exchange.
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DEWA Develops Future Shaping Framework To Keep Pace With Rapid Changes In Strategic Sectors
Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority, DEWA, has approved the Future Shaping Framework, developed by DEWA to anticipate and shape the future of the energy and water sectors.
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Japanese Pharmaceutical ’Kyowa Kirin International’ Opens Regional Office In Dubai
The newly opened office, which is located in Dubai Healthcare City, brings the total number of scientific offices operating in the country to 78 amid expectations to reach 85 offices by the end of 2021, said a MoHAP press release.
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Expo 2020 Dubai Unveils New Round Of Social Entrepreneurs Helping Communities Globally
Cycle Five grantees were selected from a pool of more than 4,000 applicants from 170 countries, proving that meaningful innovation to tackle some of the world’s greatest challenges can come from anywhere, to everyone.
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China Construction Bank Celebrates Listing Two Green Bonds On Nasdaq Dubai With Total Value US$1.2 Billion
Li Xuhang, Consul General of the People’s Republic of China in Dubai, rang the market-opening bell at Nasdaq Dubai today to celebrate the listing by China Construction Bank, CCB, of two green bonds of US$700 million and US$500 million respectively.
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Dubai Sports Council Sign MOU With Dubai Corporation For Ambulance Services
Dubai Sports Council and Dubai Corporation for Ambulance Services have signed a Memorandum of Understanding which will see the two parties cooperate in sports events to ensure the safety and health of participants.
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IHC Celebrates World Humanitarian Day 2020
The International Humanitarian City, IHC, today announced that it celebrated the World Humanitarian Day 2020, held each year on 19th August, at IHC compound in Dubai.
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Dubai CSD Distributes Cash Dividends For Listed Companies On DFM And Nasdaq Dubai
The Dubai CSD has managed the dividend distribution process on behalf of 29 companies listed on DFM and Nasdaq Dubai. Investors received their dividends via iVESTOR Card as well as bank transfer.
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DFM Achieves 96 Percent Compliance In Listed Companies’ Disclosure Of First Half Of 2020 Results
Dubai Financial Market (DFM) today announced that its listed companies have recorded a 96% compliance regarding the disclosure of financial statements for the first half of 2020 results within the deadline.
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ONLY Webinars Announces ’Putting Health, Well-Being, And Happiness First’ Webinar
In a challenging and changing world, it is often easy to feel as if everything is out of our control. As a result, our immune system is weakened by constant stress and anxious thoughts.
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Over 140 International Professional Participate In ’Waterfalls’ Initiative
More than 140 of the most prominent doctors, experts and scientists in the health sector, as well as 67 scientific, medical and academic international institutions.
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Expo Live Assists Pandemic-Hit Innovators
Grantees that have received ERF assistance include InvestEd, a Filipino fintech start-up that provides loans and financial training to low-income students.
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Emirates to deploy one-off A380 service to Clark on 19 August
Emirates will be operating a one-off A380 service to Clark International Airport on 19 August 2020, marking the first commercial flight, utilizing an A380 aircraft, to operate to Clark.
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UAE’s First Independent Biomedical Research Centre Launched In Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai.
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Emaar Properties Reports H1 Revenues Of AED9 bn; AED2 Billion Net Profit
Emaar Properties has revealed H1 revenues of AED9 bn and over AED2 bn in net profit, according to a statement by the real estate Dubai-based giant today.
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Union Properties PJSC Successfully Completes Debt Restructuring With Emirates NBD
Union Properties PJSC announced today that it has successfully reached an agreement with Emirates NBD for the full restructuring of its outstanding AED 946 million debt with the bank along with payment of the initial amount as per the new terms.
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CBUAE Includes The UAE Dirham As The First Settlement Currency In "Buna" Platform
This project is overseen by a committee chaired by His Excellency the Governor of the Central Bank of the UAE and with the membership of their Excellencies the Governors of certain Arab central banks.
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Dubai Retains Its Leading Position As One Of The World’s Top Five Shipping Centers For The 3rd Consecutive Year
Dubai has successfully retained its leading position as the first city in the region to rank among the world’s top five destinations for maritime industry in the International Shipping Centre Development (ISCD) Index for the third consecutive year.
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DGCX Maintains Momentum Into Second Half Of The Year With Strong G6 Currencies Volumes And Successful Launch Of New FX Products
The Dubai Gold and Commodities Exchange (DGCX) has maintained its momentum into the second half of the year, as it continues to provide investors with a wide range of derivative products that allow them to manage their risk effectively.
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Dubai Asset Management Teams Up With Urban To Digitise Leasing
As its appeal to landlords in the UAE continues to grow, Urban, a leading proptech platform which takes the entire rental journey online, announces that it has entered into an agreement with Dubai Asset Management to digitise leasing.
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DMCC Invites Diamond World To Dubai With Message On Iconic Burj Khalifa
Effective immediately and valid until 30th September 2020, DMCC has reduced its business set-up fees by 50 percent for all diamond-connected companies, said a DMCC statement issued on Friday.
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Tourists To Dubai Assured Of Safe Visits And Smooth Travel
As travellers mull over their summer vacation plans, Emirates and Dubai is sending out the clear message that tourists are welcome to enjoy the city’s many attractions, with various measures put in place for safe visits and smooth travels.
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DGW Ranks Among Top 10 In ’Employees Happiness Index 2019’
Dubai Government Workshop, DGW, has been ranked among the top ten in the ’Employee Happiness Index for 2019.’
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noon.com Announces New Platform Developed To Support Local Food Businesses
noon.com, the region’s homegrown digital marketplace, has announced during an exclusive webinar with Mohamed Alabbar that it plans to launch a new platform dedicated to supporting local food and beverage businesses.
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Emirates NBD Completes Customer Migration To Smart Pass
The roll out of Smart Pass is part of the bank’s long-term commitment to safe, secure banking and supports Emirates NBD’s ongoing initiatives to align with global best practices in banking security.
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DP World Volumes Down 3.9 Percent In 1H2020
DP World LTD handled 33.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2020, with gross container volumes decreasing by 5.3% year-on-year on a reported basis and down 3.9% on a like-for-like basis.
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UAE Travel Advisory Update: COVID-19 PCR Tests Mandatory For All Inbound Passengers
The UAE has announced that COVID-19 test will be mandatory for all inbound and transit passengers, including Emiratis, residents, and tourists, arriving via the country’s airports, irrespective of the countries they are coming from.
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Emirates NBD Rings Market-Opening Bell To Celebrate Listing Of $750 Million Bond On Nasdaq Dubai
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, today rang the market-opening bell at Nasdaq Dubai to celebrate the listing of a US$750 million conventional bond.
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UAE Space Agency, Mohammed Bin Rashid Space Centre Announce Reception Of First Transmission From Hope Probe
The Hope Probe blasted off from Japan’s Tanegashima Space Centre at 01:58 Monday morning, the Probe then was successfully released from the rocket at 02:55, and its solar panels were turned on to ensure at 03:00, then the panels were set to face the sun properly.
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35 Innovative Projects Support UAE’s Pioneering Efforts In Space Research And Exploration
The Mohammed bin Rashid Space Settlement Challenge and the Dubai Future Research, Dubai Future Foundation’s research arm.
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Dubai Future Council For Transportation Reviews Post-COVID-19 Transportation Challenges
Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority, RTA, Chairman of the Dubai Future Council for Transportation, chaired a remote meeting of the Council.
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Nakheel Secures AED600 Million Worth Of Property Sales In Four Months
Master developer Nakheel has announced that it sold almost 250 properties with a total sales value of over AED600 million in the last four months, with ready-to-occupy villas most in demand.
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Dubai Announces New Economic Stimulus Package Worth AED1.5 Billion
Dubai has launched its third stimulus package to ease the impact of the COVID-19 crisis on businesses. Worth AED1.5 billion, the new package raises the valueof business incentivesintroduced by the emirate’s government in the past few months to AED6.3 billion.
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Maktoum Bin Mohammed Issues Decision Appointing DFSA Board
His Highness also appointed Fadel Al Ali as Deputy Chairman of the Board andAbdul Wahid Al Ulama, Andrew Spindler, Apurv Bagri, Charles Flint QC, Swee Lian Teo, Julie Dickson and Sabine Lautenschläger as Board members.
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Dubai Will Reopen to Tourists in July. How Will it Affect the Stock Market?
With the situation on a positive track, Dubai authorities had already announced tourists will be able to visit Dubai starting from July 7th.
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Hamdan Bin Mohammed Reviews Preparations And Protocols At Dubai Airport
Crown Prince of Dubai and Chairman of The Executive Council of Dubai His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said that Dubai is ready to welcome the world once again through its international airport and renew its role as a bridge between the east and west.
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Dubai Field Hospital Celebrates The Full Recovery Of Its Last COVID-19 Patient
Under the directives of the Supreme Committee of Crisis and Disaster Management, Dubai’s COVID-19 Command and Control Centreannounced that the Dubai Field Hospital, set up within the Dubai World Trade Centre.
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Dubai Startup Hub, Dtec Announce Winners Of Emirati Development Programme
Dubai Startup Hub, an initiative of Dubai Chamber of Commerce & Industry, and Dubai Technology Entrepreneur Campus (Dtec).
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Al Manal Humanitarian Initiative Launches ’ReacHer’ To Provide Women With Mental Health Support
The ’ReacHer’ initiative will be carried out over several weeks, in partnership with Dubai Healthcare City, DHCC, and in collaboration with a selection of mental health practitioners, including psychologists, psychiatrists, and therapists.
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Launch of the Gulf Capital SME Insights to Support SMEs across the GCC
Gulf Capital SME Insights, a new digital initiative by Gulf Capital and MEED-GlobalData, has been launched to support the region’s SME economy.
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Privity FZ LLE Participates In Verofax Pre-Seed Investment Round
Verofax Limited, a start-up building innovative Traceability services with the application of blockchain, closed its recent pre-seed investment round with participation from Privity FZ LLE.
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DFSA’s 2020 Summer Innovation Testing Licence Programme Accepts Largest Number Of Innovativefirms To Date
The Dubai Financial Services Authority (DFSA)is pleased to announce that it has accepted 16 firms into its 2020 Summer Innovation Testing Licence (ITL) Cohort.
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DFM Reopens Its Trading Floor For Investors As Of Tuesday
The DFM Trading Floor and Customer Affairs counters were temporarily closed mid-March 2020. The DFM has maintained its trading activities as usual in spite of the temporary closure of the aforementioned premises.
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Mohammed Bin Rashid Issues New Law On Dubai Real Estate Institute
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (5) of 2020 pertaining to the Dubai Real Estate Institute, DREI.
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Dreamscape, Magic Planet, Little Explorers and iFly Dubai will reopen in Dubai on Saturday, 4 July
The announcement follows further reopenings of Majid Al Futtaim’s entertainment experiences across the United Arab Emirates, Saudi Arabia, Egypt and Lebanon.
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Dubai Police Warns Of Cybercriminals And Scammers
The Dubai Police General HQ has called upon members of the public to remain vigilant when using social media platforms and not to fall prey to online cybercriminals and scammers.
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Raising Criteria For Accrediting Real Estate Experts In Cooperation Between MoJ And DREI
Hend Al Marri, CEO of DREI, commented: "The formation of this committee is the result of a cooperation between MoJ and DREI to accredit a group of real estate experts in accordance with the best global practices.
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Dubai World Fulfils Obligations To Creditors Totalling USD 18.9 Billion
Dubai World announced today the repayment of the final tranche of debt to its original creditors, completing the refinancing program that commenced in 2010.
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Dubai Silicon Oasis, Dubai Municipality To Enhance Geospatial Infrastructure Of Dubai
Dubai Silicon Oasis Authority, DSOA, the regulatory body for Dubai Silicon Oasis, has announced the signing of a memorandum of understanding with the Geographic Information Systems, GIS, Centre of Dubai Municipality.
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Nasdaq Dubai Welcomes Listings Of Three Sukuk Valued at US$2.5 Billion By Indonesian Government
Nasdaq Dubai has welcomed the listing of three Sukuk issued by the government of Indonesia with a total value of US$2.5 billion.
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TRA Announces Shutdown Of 2G Network In UAE By End Of 2022
The Telecommunications Regulatory Authority (TRA) has announced that shutdown of 2G network (GSM) in the UAE will take place at the end of 2022, with directing resources allocated to 5G to support new generations of mobile networks.
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Dubai Rental Disputes Center Adds New Payment Channels
To achieve these goals, RDC announced its complete compatibility with the Noqodi digital wallet to settlegovernment services fees by relying on the ’NetBanking’ and ’Pillar Network’ through Al Ansari Exchange.
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DMCC Strengthens Dubai-China Trade Ties Through Diamonds
The agreement strengthens bilateral ties between the UAE and China, and creates new trading opportunities across the diamond industry.
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DMCA Lifts Timing Restrictions On Maritime Activities
DMCA continues its efforts to implement all the necessary measures to regulate and facilitate maritime activities that would strengthen Dubai’s position as a leading global maritime hub.
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Dubai Sports Council Bring In Personal Trainer Schillaci For Final Training Session Ahead Of Virtual Pocari Sweat 10K Run
With the PocariSweat 10K Run taking place this Friday, Dubai Sports Council have brought in renowned fitness trainer Marco Schillaci to give final-minute tips to participants.
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Dubai Economy Starts Inspections In Livestock Market Ahead Of Eid Al Adha
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economyhas started an inspection campaign in the livestock market in Al Qusais to protect consumers from exploitation and price manipulation in view of Eid AlAdha, when demand usually increases.
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Nasdaq Dubai Welcomes Listing Of USD 1.5 Billion Sukuk By Islamic Development Bank To Support COVID-19 Interventions
Nasdaq Dubai welcomed the listing today of a 1.5 billion US dollar Sukuk issued by Islamic Development Bank, IsDB, to support COVID-19 relief initiatives.
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Cabinet Approves National System For Sustainable Agriculture And Additional AED320 mn Budget For National Universities
In its meeting held remotely on Sunday, the Federal Cabinet approved a national system for sustainable agriculture and an additional AED320 million budget for national universities.
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Innerfight State Of The Art Fitness Club To Open In Studio City
Just days after government officials announced that gyms may safely re-open in the region, one man has taken it a step further by opening a premium fitness club in Studio City, one of Dubai’s most desirable communities.
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All economic sectors operating can return to normal working hours while adhering to precautionary measures
Announcement follows successful completion of National Disinfection Programme.
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Dubai Chamber Launches CSR Programme To Help SMEs In Dubai Navigate COVID-19
Dubai Chamber of Commerce and Industry has launched its Business Mentoring and Support, BMS, Programme - a CSR initiative designed to help small and medium-sized enterprises, SMEs, in Dubai steer new challenges posed by the COVID-19 pandemic.
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Grenada Opens Consulate In Dubai, United Arab Emirates
The Caribbean island of Grenada has opened a Consulate in Dubai, United Arab Emirates, to further develop economic, cultural and scientific ties between the two countries.
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Nasdaq Dubai Welcomes Listing Of US$500 Million Sukuk By Sharjah Islamic Bank
Nasdaq Dubai today welcomed the listing of a US$500 million Sukuk by Sharjah Islamic Bank, SIB. The capital raised will support SIB’s activities and strategic development to cater to its customers in corporate, investment and retail banking.
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UAE Proves Diversification Of The Economy In MENA Is Crucial
Middle Eastern economies are struggling to diversify. This is due to the fact that they have been over reliant on oil exports in the past decades, which has netted middle eastern countries huge revenues.
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DFSA Publishes Cyber Thematic Review Report
The Dubai Financial Services Authority (DFSA) today publisheda thematic review report on cyber risks. The Report highlights a number ofimportant opportunities for operational risk management practices of Firms operating in the Dubai International Financial Centre (DIFC).
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5 Untouched And Unaltered Natural Hidden Gems In The UAE
You want to visit the UAE. However, you don’t want to visit typical destinations this time around. You need destinations with less traffic and those that are only known to the locals.
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Things You Should Know Before Visiting The UAE
In case you are looking for a breath-taking destination that will never fail to impress you no matter how many times you visit, you need to try the United Arab Emirates.
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Emirates NBD Capital Successfully Closes IsDB’s Landmark US$1.5 Billion Sustainability Sukuk
Emirates NBD Capital Limited, the investment banking arm of Emirates NBD, announced that it has successfully closed Islamic Development Bank, IsDB’s first ever USD Sustainability Sukuk.
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Dubai Municipality Signs Geospatial Infrastructure Service-Level Agreement
The Roads and Transport Authority, RTA, and Dubai Municipality have signed a Service-Level Agreement providing for enhanced cooperation in the geospatial infrastructure of Dubai.
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Emaar Properties GA Approves Distribution Of Interim Dividends On A Semi-Annual Or Quarterly Basis
The added clause reads as follows: "Without prejudice to the above and subject to the approval of the General Assembly, the company may distribute interim dividends on a semi-annual or quarterly basis."
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RTA Completes Construction Of Al Quoz Bus Depot
Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority, RTA, announced the completion of Al Quoz Bus Depot to support the daily movement of buses.
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Winners For HIPA’s ’Faith’ Instagram Photo Contest Announced
The Hamdan bin Mohammed bin Rashid Al Maktoum International Photography Award, HIPA, has concluded the May edition of the Instagram Photo Contest themed ’Faith’.
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Dubai Turns Quarantine Into Positive Experience For Families, Children
The Community Development Authority, CDA, in Dubai announced the launch of a new initiative that seeks to ease the quarantine experience for children during and after their recovery from COVID-19.
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AWS Marketplace And AWS Data Exchange Launch In UAE
Amazon Web Services (AWS) announced that starting today, Independent Software Vendors (ISVs), data providers, and consulting partners based in the United Arab Emirates (UAE) can transact in AWS Marketplace and AWS Data Exchange.
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DEWA’s Virtual Employee ’Rammas’ Answers 3.6 Million Enquiries
DEWA’s smart adoption rate increased to 96 percent by the end of May 2020. These results support DEWA’s intent to become paperless, and has already become so in 82 percent of its operations.
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First Episode Of Documentary On Life Of Mohammed Bin Rashid Enjoys Record Views
The first documentary drama of its kind in the country will present the various stages of the life of His Highness Sheikh Mohammed over 50 episodes.
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Dubai Sports Council Announces Decision To Reopen Sports Academies In Private Educational Institutions
The Council has issued a detailed list of protocols, which were framed in collaboration with the Knowledge and Human Development Authority of Dubai, that the academies will need to comply with in order to reopen their doors for business.
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