January 2021 — Topical news of the United Arab Emirates

January 14, 2021 no comments 269
Sajwani said he was "very, very happy" with the Trump relationship and would love to work together on any golf course projects around the world DUBAI- Donald Trump's business partner in Dubai on Wednesday said he was interested in expanding their commercial relationship despite the...

January 14, 2021 no comments 403
The figures cover the exchanges of non-oil commodities, including direct trade and that of free zones and warehousing arrangements ABU DHABI: Despite the global economic slowdown and COVID-triggered lockdowns, UAE's non-oil trade amounted to AED1.033 trillion ($281.28bln) during the...

January 13, 2021 no comments 326
As part of Etihad Wellness, the airline introduced the Covid-19 global wellness insurance for all its guests Etihad started 2020 strong and we recorded encouraging results as part of our ongoing transformation programme. This left us in a robust position, allowing us to act with...

January 13, 2021 no comments 278
A 27-year-old African woman was arrested and referred to criminal court, along with six runaway accomplices, for brutally assaulting a man and robbing him of Dhs40,500 inside one of Dubai’s apartments. The incident dates back to November last year when the defendant lured the victim through...

January 13, 2021 no comments 256
The year's first issuance carried 3.15% coupon First Abu Dhabi Bank (FAB), the UAE’s biggest lender by assets, has placed a 1.5 billion Chinese yuan ($232 million) five-year Formosa bond at 3.15 percent coupon. The issuance, which is the year’s first, marks the lowest coupon paid...

January 11, 2021 no comments 286
The Ministry of Health and Prevention (MoHAP) reported 2, 876 new coronavirus cases on Sunday. In addition to the new cases, 2, 454 individuals have recovered and six people have passed away. Using state-of-the-art medical testing equipment, the ministry conducted 171, 951...

January 11, 2021 no comments 291
Last year, issuances picked up in H2, says Kamco Invest Kuwait-based Kamco Invest expects the GCC initial public offering (IPO) market to remain active in 2021, given the number of catalysts that could support primary markets within the region. In a report issued Sunday, Kamco...

January 11, 2021 no comments 248
Various stimulus packages have helped the Business Park retain 90 per cent of companies operating within it Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, announced that its Business Park succeeded in attracting 650 new...

January 11, 2021 no comments 248
The continued growth in the licensing movement of economic activities reflects the solid confidence of local and foreign investors in the national economy ABU DHABI: A total of 9,913 new business activities licenses were issued across all the emirates of the country during the first...

January 10, 2021 no comments 324
Real estate, infrastructure likely to stand out as biggest beneficiaries The UAE’s decision to resume trade relations with Qatar has been received with great optimism among the business community here, as the historic deal is poised to see resumption of previous investment and trade...

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