Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, on Saturday announced the agenda for its upcoming Dubai Technology Entrepreneur Campus (Dtec) Forum. Scheduled to take place virtually on Tuesday, August 18, 2020, the event will explore future opportunities for forward thinking technology start-ups in the ...
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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited the Covid-19 Command and Control Centre located at the Mohammed bin Rashid University of Medicine and Health Sciences on Saturday. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; HH Sheikh Ahmed ...
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Dubai / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) announced that construction of the two model public bus stations at Oud Metha and Al Satwa had reached 77 per cent. He revealed that all construction works in both stations would be accomplished by the end of this ...
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Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) on Saturday said it carried out 77,640 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 283 new cases of various nationalities, who are all in a stable condition and ...
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Bloomberg President Donald Trump has ordered the Chinese owner of the popular music video app TikTok to sell its US assets, citing national security concerns and delivering the latest salvo in his standoff with Beijing. Trump’s decision came after an investigation by the Committee on Foreign Investment in the US, which reviews acquisitions of American businesses by overseas investors for ...
Read More »Bloomberg The UK government’s bailout talks with Jaguar Land Rover (JLR) and Tata Steel Ltd. recently broke off, the Financial Times reported, citing people it didn’t identify. Talks between the UK’s Treasury and the companies, both owned by Mumbai-based Tata Group, came to a halt after the government concluded the Indian multinational was sufficiently financed and didn’t qualify for taxpayer ...
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Dubai / WAM The United Arab Emirates dispatched more aid to Lebanon to help emergency relief efforts in Beirut. The move follows the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Dubai’s International Humanitarian City airlifted aid material worth $1.4 million on an Emirates SkyCargo plane. ...
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Bloomberg Oil climbed to near a five-month high after an industry report pointed to a third straight weekly drop in American crude stockpiles. Futures in New York rose past $42 a barrel after losing 0.8% Tuesday. The American Petroleum Institute reported inventories fell by 4.01 million barrels last week. The improving picture in the US overshadowed lingering concerns about the ...
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Dubai / WAM Emaar Properties has revealed H1 revenues of AED9 billion and over AED2 billion in net profit, according to a statement by the real estate Dubai-based giant on Wednesday. Mohamed Alabbar, Founder of Emaar, said: “Our performance in the first half of 2020 has demonstrated our fundamental ability to retain strength and act with agility and speed in ...
Read More »Dubai / WAM Abu Dhabi Islamic Bank (ADIB) reported a net profit of AED587.6 million and AED 2.5 billion in net revenue for H1 2020. In a statement, the bank said net revenue for H1-2020 decreased to AED2,556.6 million from AED2,887.1 million in H1 2019. Jawaan Awaidah Al Khaili, Chairman of ADIB, said: “This period demonstrated the resilience of bank’s ...
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