November 2020 — Topical news of the United Arab Emirates

November 23, 2020 no comments 111
Department of Culture says latest indicators offer 'promising signs' of recovery The tourism sector in Abu Dhabi is showing signs of recovery from the COVID-19 crisis, with airlines, hotels and malls recently reporting improvements in key indicators. Carriers operating in the...

November 23, 2020 no comments 131
Naaman Atallah is recruited from fellow state developer Dubai Properties DUBAI - Dubai state developer Nakheel has appointed Naaman Atallah as its new chief executive, it said on Sunday, filling a position that had been left vacant since Sanjay Manchanda stepped down in March....

November 22, 2020 no comments 135
Index, which will act as a reliable source of data for use by investors, agencies, and institutions Dubai Land Department (DLD) has signed a memorandum of understanding (MoU) with Jones Lang LaSalle (JLL), a leading professional services firm that specialises in real estate and...

November 22, 2020 no comments 123
The report noted that the pandemic has changed preferences from living to shopping as people choose bigger and more open spaces to live in Property prices continued to decline in Dubai and Abu Dhabi in the third quarter even as market activity and consumer confidence gained traction...

November 21, 2020 no comments 141
The teams at Etihad Guest and El Al Matmid loyalty programmes will explore reciprocal “earn and burn” opportunities for its members Etihad Airways, the national airline of the UAE, and El Al Israel Airlines, the national carrier of Israel, signed an MoU on Thursday, November 19, to...

November 21, 2020 no comments 126
Several Covid-19 preventative measures will be in place for visitors, Emaar has stressed Dubai developer Emaar has confirmed that the Burj Khalifa will have a fireworks and light and laser show to celebrate New Year’s Eve. The show at the world’s tallest building in Downtown Dubai...

November 21, 2020 no comments 205
Q1 of 2020 saw a significant growth in the value of the precious metal reserves, which surged by 47% ABU DHABI - The value of Gold reserves held with the Central Bank of the UAE (CBUAE) rose by 121 pct in September 2020 to AED8.961 billion when compared to December 2019....

November 21, 2020 no comments 257
During the period between September 2019 and September 2020, the total assets of banks operating in the UAE increased by 7.6% ABU DHABI - At the end of the third quarter of 2020 total assets of banks operating in the UAE increased by 2% (q-o-q), reaching AED3,252.5 billion, the Central...

November 20, 2020 no comments 202
The UAE is leading the Middle East and North Africa (Mena) region’s Fintech market reaching a record-high of $2.5 billion by 2022. Regional and multi-national financial institutions are rolling out digital platforms to transform customer experiences, optimize costs, and meet data...

November 20, 2020 no comments 120
KIKLABB and NY Koen Group want to help increase cultural understanding, foreign investment and business development between the countries Dubai-based KIKLABB and NY Koen Group have announced a partnership that aims to facilitate cultural understanding, foreign investment and business...

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