#News

dubai-police-maserati

Dubai Police deny reports of detaining two Israelis

Media reports claimed that they were taken into police custody for photographing a government building

Emirates Loto

Emirates Loto with Dhs50m jackpot returns in the UAE; rebranded as Mahzooz

The inaugural Mahzooz draw will take place on November 21 at 9pm UAE time

Sharjah UAE

Sharjah real estate transactions total Dhs4.6bn in Q3 2020, up 10% y-on-y

There were a total of 14,854 real estate transactions completed in Q3 this year

Dubai Sports

Dubai to allow spectators to return to sporting venues

However, venues need to cap the attendance to 30 per cent of their capacity

UAE non-oil trade

UAE non-oil trade reaches Dhs658.3bn in H1 2020

The five biggest trading partners of the UAE were China, Saudi Arabia, India, the US and Switzerland

Dubai Fresh Market

Dubai Fresh Market begins selling Israeli produce

Israeli company Carmel Agrexco to invest in agricultural farms in the UAE

Sheikh Nahyan bin Mubarak Al Nahyan

Inaugural UAE Tolerance Esports Games to begin on November 13

Sheikh Nahyan bin Mubarak Al Nahyan launched the Global Commission for Tolerance in Esports and Gaming

UAE-HEALTH-VIRUS Dubai

UAE plans for ‘final stage of recovery’ from the Covid crisis – officials

Officials urge the public to adhere to precautionary measures to ensure the UAE reaches the recovery stage

Abu-Dhabi

UAE to establish new court to combat money laundering and tax crimes

The Abu Dhabi Judicial Department will organise training courses for judges and prosecutors specialising in money laundering and tax evasion

The-Dubai-Mall-Fashion-Avenue-exterior

Emaar Malls reports 66% decrease in net profit for January-September 2020

It reported a net profit of Dhs586m and revenues of Dhs2.493bn during the same period

law

UAE cabinet amends law on evidence in civil and commercial transactions

The amendments includes the introduction of remote communication technologies in evidence-related procedures

Kuwait expats

Kuwait urges expats with expired visas to alter status or exit the country by Nov 30

Officials said those found illegally residing in the country after November 30 will be deported and prevented from returning to Kuwait

Abu Dhabi

Abu Dhabi announces rental discounts for additional private sector businesses

Beauty and hair salons, dental clinics and nurseries in the emirate can apply for a 20 per cent rebate

Pfizer COVID-19 Vaccine Data Shows 90 Percent Effective Rate

Pfizer says vaccine prevents 90% of Covid cases in study

Only 50 million doses are expected to be available in 2020

Dubai

Dubai Police to issue permits for face mask exemptions

The application will be processed within five days, with its validity contingent on the individual’s health condition

Etihad

Major restructuring among top management at UAE’s Etihad airline

The airline will position itself as a mid-sized, full-service carrier

SAUDI ARABIA TO HOST FORMULA 1 IN 2021 - JEDDAH CORNICHE

Formula 1: Saudi Arabia to host race in 2021

The kingdom will become the 33rd country to host an F1 race

bentley

Bentley to become electric-only carmaker by 2030

Every model line will offer a hybrid version by 2023, with the company’s first fully-electric model slated to be introduced in 2025

DEWA

DEWA opened 20 electricity substations in Dubai this year at a cost of Dhs2.6bn

DEWA’s total investments in power transmission has reached Dhs11.2bn

Dubai Metro

Video: Dubai Metro receives 50 new trains

The new metro trains have an 8 per cent increased capacity and can now carry 696 riders

UAE-Flag

Sweeping changes to UAE laws on inheritance, alcohol consumption, cohabitation and honour crimes

UAE President Sheikh Khalifa bin Zayed Al Nahyan approved the federal law decrees which have now come into effect

President-Elect Joe Biden And Vice President-Elect Kamala Harris Address The Nation After Election Win

World leaders welcome Biden win as they seek reset in US ties

In his four years as president, Donald Trump upended decades of accepted American foreign policy

Commercial Bank of Dubai

Commercial Bank of Dubai lists $600m bond on Nasdaq Dubai

The six-year bond with a 6 per cent interest rate was 2.1 times subscribed

DEWA water reservoir

DEWA’s Dhs175m water reservoir in Dubai nears completion

The reservoir will have a capacity of 60 million imperial gallons, with construction expected to be completed in the first half of 2021

Dubai Ride

Dubai’s Sheikh Zayed Road to be converted to cycling track on November 20

Dubai Ride will allow cyclists of all abilities and experiences to ride through the city’s main highway

Abu Dhabi

Covid-19: Abu Dhabi changes entry rules, two additional tests required after arrival

Abu Dhabi has made it mandatory for Covid-19 PCR tests to be undertaken on the fourth and eighth day after entering the emirate

oil-big7

US elections: Gold drops, oil rises as results show tight race

Markets have been volatile during the final weeks of the campaign as investors fretted over the potential for a contested outcome

Sharjah

Sharjah announces new Dhs512m economic stimulus package

The package was approved by the Crown Prince of Sharjah, Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, on Tuesday

US Election

US elections: Biden-Trump battle shifts to swing states after early, easy wins

The early results gave Biden a 209-118 lead in the Electoral College

Abu Dhabi schools

Covid-19: Abu Dhabi private schools to resume campus learning for all students

Students across all grades can return to their campus at the start of their second semester in January 2021