Covid-19: Expo 2020 Dubai to seek one-year postponement

Following in the footsteps of Olympics and other world activities, organizers of the Dubai 2020 expo is about to make a statement on the possibility of postponing the event earlier scheduled to hold this year. Expo 2020 Dubai is exploring the possibility of postponing the event by one year in order to allow the world[...]

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Cybercriminals’ attempts to steal $1bn foiled by Dubai Police

Dubai Police busted a gang of African cybercriminals who were attempting to steal as much as AED4 billion ($1bn) through an online employment scam. Dubbed 'Fox Hunt' the operation revealed a hidden online fraud network which deceived victims into transferring money in return of job opportunities. The gang of nine used multiple bank accounts to[...]

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Warner Bros. World Abu Dhabi named world’s largest indoor theme park

Spanning an area of 1.65 million square feet, Warner Bros. World Abu Dhabi has been named the world’s largest indoor theme park by Guinness World Records, The park opened its doors on Yas Island in July 2018. Home to six vibrant and immersive lands, friends and family can enjoy over 28 state-of-the-art exhilarating rides and[...]

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Musician Akon warns against celebrity-backed cryptocurrencies

Senegalese-American singing star Akon has warned against celebrity-endorsed cryptocurrency – as he prepares to launch his own branded Akoin to the world. Boxing legend Floyd Mayweather is just one celebrity to have been caught up in a cryptocurrency controversy in recent years for his work with Centra, which claimed to have partnerships with Visa and[...]

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Breaking: $257m fake luxury goods destined for Dubai seized

More than 28,000 fake luxury items worth $257 million and destined for sale in Dubai have reportedly been seized by police from China and the UAE. Fifty-seven suspects were arrested, 37 of them in China, while UAE police also raided 10 locations in Dubai and seized 21,000 fake luxury items, the Xinhua News Agency reported.[...]

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Abu Dhabi plans to reduce energy consumption by 2030, here’s how

Abu Dhabi Department of Energy unveils strategy which aims to reduce electricity consumption by up to 22% and water consumption by 32%. The Abu Dhabi Department of Energy (DoE) on Tuesday unveiled a new strategy which aims to reduce electricity consumption by up to 22 percent and water consumption by 32 percent by 2030. The[...]

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India’s PM is honored With the Order of Zayed by the UAE

The United Arab Emirates on Saturday honoured Indian Prime Minister Narendra Modi with the ‘Order of Zayed’, the UAE’s highest civilian award. The honour was in recognition of Modi’s pivotal role in building the strategic relationship between the two countries. The award was conferred on Modi by the Abu Dhabi crown prince, Sheikh Mohammed bin[...]

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Over a 150 women register for Federal National Council elections in UAE

The final day for the registration of applications for the Federal National Council (FNC) elections saw 98 applications, taking the total figure up to 555, including 200 from women. The total number of applications in Abu Dhabi amounted to 155, while Dubai saw 98, and Sharjah 127. Ajman received 32 applications, Umm Al Quwain had[...]

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Singaporean Group Standard Chartered plan Middle East Investments

Affirma Capital, the private equity spin-off of Standard Chartered, plans to complete at least one acquisition in the Middle East and Africa over the next year. The Singapore-based emerging markets group is targeting deals between $25 million and $100 million in the region where consumer spending is on the rise, according to Taimoor Labib, Affirma’s[...]

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Dubai Private Jet Company will start Flying Electric Jets by Next Year!

Electric private planes could be flying over the skies of the UAE as soon as next year as part of a partnership between Dubai-headquartered Jetex Flight Support and US start-up Wright Electric, according to Jetex CEO Adel Mardini. The partnership, first announced last year, will see Jetex install electric charging infrastructure for electric jets in[...]

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Profits Rise for Etisalat as they Launch 5G Data Usage!

UAE-based telecoms operator Etisalat on Tuesday reported a 3.1 percent rise in net profit to AED4.4 billion ($1.2 billion) for the first six months of 2019. Revenues for first half of 2019 reached AED25.9 billion while the company's subscriber base totalled 143 million representing a year-on-year increase of 2 percent. Etisalat, which launched a smartphone[...]

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Prime Minister Boris Johnson is a disaster for the Middle East!

Boris Johnson was announced as the new Conservative leader and British prime minister on Tuesday. Johnson and British Foreign Secretary Jeremy Hunt have been jostling to win a month-long bid to be the new Conservative leader after Theresa May’s resignation following her failed Brexit bid, but Johnson is seen as a clear favourite. The outcome[...]

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