December 2020 — Topical news of the United Arab Emirates

December 19, 2020 no comments 427
Complete with raffle draws, family entertainment, live concerts and retail promotions, the 26th edition of the festival will be on till January 30, 2021 The arrival of Covid-19 vaccine in the UAE just before the start of the Dubai Shopping Festival (DSF) is a big boost for shopper’s...

December 15, 2020 no comments 533
The Dubai Public Prosecution referred two African women, aged 19 and 31, to criminal court for holding a man hostage, brutally beating and robbing him of Dhs1,000 in Dubai. During investigations, the 32 year-old Asian victim testified that he was surfing a dating website, and had contacted...

December 15, 2020 no comments 409
Acting on a tip-off received by the Anti-Narcotics Department of the Sharjah Police General Directorate, a sting operation was carried out to arrest a gang of 9 Asians for smuggling over a million pills of Xanax drugs into the country. The seized drugs are worth more than Dhs15 million....

December 15, 2020 no comments 324
But regional economies won't return to pre-crisis levels until second half of 2021 Middle East economies are slowly recovering from the COVID-19 crisis, but it will take about two years before it can go back to pre-crisis levels, according to a report from Oxford Economics. The...

December 15, 2020 no comments 348
Since launching ICV in 2018, ADNOC has driven $21bln back into the UAE's economy Abu Dhabi National Oil Company (ADNOC), the UAE's state-owned oil giant, is doubling down on its In-Country Value (ICV) commitments. Addressing ADNOC's Private Sector and ICV Forum, Group CEO Dr...

December 14, 2020 no comments 328
The majority of companies listed in the country’s financial markets, including real estate companies, allow foreign ownership of up to 49 percent of capital Foreign investors in six real estate companies listed in Emirati financial markets own nearly 8.4 billion shares worth AED21.2...

December 14, 2020 no comments 391
Since March, enquiries from people looking for second nationality up by over 60% A growing number of UAE expats are looking for a second passport, driven mainly by the uncertainty surrounding almost every aspect of the coronavirus pandemic, coupled with travel and mobility...

December 14, 2020 no comments 1107
Jamal Bin Theniyah appointed as the new chairman DUBAI - Dubai's largest listed developer Emaar Properties has named Mohamed Alabbar, founder of the company and previously chairman of the board of directors, as managing director, and appointed Jamal Bin Theniyah as the new chairman....

December 13, 2020 no comments 298
Phase I and 2 of the residential development are 98 per cent sold out Dubai Holding’s residential development, Madinat Jumeirah Living, is on track for handover in Q2 2021. The freehold project located in the Madinat Jumeirah district, opposite Burj Al Arab, is a 3.85 million sq...

December 13, 2020 no comments 332
Etihad Cargo chartered seven Boeing 777-300ER aircraft to fly the temperature-sensitive cargo into Abu Dhabi International Airport Abu Dhabi’s Hope Consortium has facilitated the transportation and storage of two million Covid-19 vaccine doses from Beijing in partnership with G42...

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