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Dubai, UAE: The Architecture department under the School of Energy, Geoscience, Infrastructure and Society (EGIS) at Heriot-Watt University Dubai today launched ‘CMYK’ – a unique and innovative virtual showcase of students’ projects. In light of the current pandemic, the live exhibition that traditionally takes place annually has been reimagined as an online virtual space. The title of this year’s showcase is inspired from the CMYK colour model; […]

The Netherlands plans to share innovations in the water, energy and food sectors at Expo 2020 Dubai Sustainability developments in recent years have increasingly focused on water, energy and food. The UN’s Food and Agriculture Organisation has noted how water, energy and food security are heavily interdependent – a concept described as the water-energy-food (WEF) nexus. Gulf countries face complex challenges when it comes to meeting the growing […]

DP World, the Dubai- based provider of worldwide smart end-to-end supply chain logistics, has agreed to acquire a 60 per cent shareholding in UNICO Logistics Co. Ltd. The transaction, subject to regulatory clearances, is expected to close in Q4 2020, and represents another strategic step in DP World’s vision to build an integrated suite of service offerings that will connect directly with end-customers and beneficial cargo owners […]

Emirates Cricket Board (ECB) has confirmed that they have received the official Letter of Intent from the BCCI to host the 2020 edition of the Indian Premier League (IPL). “We have received the (official) letter and now wait on the decision from the Indian Government which will ink the final deal.” said Mubashshir Usmani, Emirates Cricket Board Secretary General. While the Board waits for notice from BCCI […]

DUBAI, UAE – EQS Newswire – 27 July 2020 – Mashreq, one of the leading financial institutions in the UAE, has recently appointed James Pearson as the Head of Financial Institutions (FI) and Non-Banking Financial Institutions (NBFI), part of the bank’s Corporate and Investment Banking Group (CIBG).   Download Image: https://bit.ly/39u3rZ1   James possesses over 30 years’ experience in corporate and investment banking and has worked extensively […]

Arabian Post Staff Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MOU) with Jiaozi Fintech Dreamworks, one of China’s first Fintech innovation and entrepreneurship platforms.  The MOU will enable the DIFC to further support the UAE in facilitating the ‘Belt and Road’ economic initiative and forms a central part of the Centre’s 2024 strategy to strengthen relationships with the international financial community and increase […]

Arabian Post Staff Dubai and Sharjah have won endorsement by the the World Travel & Tourism Council (WTTC) for using to the world’s first ever global safety and hygiene stamp, launched the world travel and tourism organization. Other popular holiday hotspots achieving this include Indonesia and Spanish summer sun destinations including Alicante and Benidorm. WTTC, which represents the global travel & tourism private sector, created the Safe […]

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By Matein Khalid In the past 18 years, after a series of spectacular and occasionally failed rocket launches, Elon Musk’s SpaceX has emerged as Silicon Valley’s next colossus, a once in a generation business in the same league as an Amazon, a Google or a Microsoft. SpaceX’s current funding round values the company at a pre-money valuation of $42 billion. Yet the cognoscenti of Wall Street and […]

Arabian Post Staff Dubai International Financial Centre announced that one of its clients is undertaking a ground-breaking capital raising. Investment banking and wealth management firm GRIP (DIFC) Ltd. will conduct a multi-million dollar capital raise for Lead Real Estate this month, through the innovative issuance of Digital Securities representing Investor Shares. The issuance is the first major globally compliant digital securities offering in MEASA, marking a key […]

Dubai – Mubasher: Emirates NBD has obtained all regulatory approvals necessary for raising its foreign ownership limit to 40% from 20%, according to the bank’s disclosure to the Dubai Financial Market (DFM) on Tuesday. The decision is effective …

HONG KONG, CHINA – Media OutReach – 21 July 2020 – Following the launch of its first solar rooftop solution, M+ by PETRONAS last year, PETRONAS New Energy is now set to grow in the domestic renewable energy space with its first commercial customer, Tesco Stores (Malaysia) Sdn Bhd (Tesco). In delivering its commitment to Tesco, PETRONAS New Energy has collaborated with NEFIN Group, a regional renowned bespoke solar […]

SINGAPORE – Media OutReach – 21th July 2020 – SP Jain School of Global Management (SP Jain Global) announced today the launch of a new set of flexible learning options for its Bachelor of Business Administration (BBA) program amid the uncertainty surrounding the COVID-19.   SP Jain which has campuses in Dubai, Mumbai, Singapore and Sydney said today that students who sign up for its BBA program can […]

By Matein Khalid Last week witnessed a feeding frenzy from the crème de la crème of Wall Street’s smart money (and some Dubai’s smart money LOL!) to be part of the private market financing of Reliance Jio, the emerging supernova of India’s digital ecosystem. After having spent $50 billion in building a scalable, state of the art wireless network, Mukesh Ambani realized that he needed strategic investors […]

Arabian Post Staff As many as 62% of the Middle East survey respondents said they had experienced a decrease in household income due to redundancy or reduction in hours – the highest proportion of any territory surveyed, PwC said while announcing the results of its GCIS COVID-19 Pulse, a snapshot survey that analyses how consumer behaviour and habits have changed due to the lockdown and social distancing […]

Arabian Post Staff Dubai is ranked sixth, ahead of India, in the top ten medical tourism destinations by the the International Healthcare Research Center (IHRC) in 2020-2021 Medical Tourism Index (MTI). The top ten destinations: Canada, Singapore, Japan, Spain, United Kingdom, Dubai, Costa Rica, Israel, Abu Dhabi, and India. The MTI ranks the American perceptions of 46 international healthcare destinations providing insight into how consumers view 41 […]

Tesco and NESS sign Malaysia’s largest commercial solar Power Purchase Agreement   HONG KONG, CHINA – Media OutReach – 14 July 2020 – Tesco Stores (Malaysia) Sdn Bhd (Tesco) and NE Suria Satu Sdn Bhd (NESS), a joint-venture company of PETRONAS and NEFIN Group, have entered into the largest long-term Power Purchase Agreement (PPA) (Tesco-NESS PPA) for solar energy in Malaysia. The first phase of the Tesco-NESS PPA will see […]

DUBAI, 12th July, 2020 (WAM) — The UAE Ministry of Economy and the China Council for the Promotion of International Trade, CCPIT, have announced that they will together host the first China-UAE Economic and Trade Digital Expo on 15th July, a platform designed to reinvigorate trade activities between the two countries as they seek to lay the foundations for bilateral trade in the new digital economy. Organised […]

A general view shows the area outside the Burj Khalifa in Dubai. Picture used for illustrative purposes File/Reuters Business Bureau, Gulf Today The Ministry of Economy of the United Arab Emirates and the China Council for the Promotion of International Trade (CCPIT), will together host the first China-UAE Economic and Trade Digital Expo, a platform designed to reinvigorate trade activities between the two countries as they seek […]

Citing the pandemic as the primary factor behind the MASSIVE reductions and staff layoffs, Emirates airline has announced that it will cut off 9,000 more jobs as a result of the COVID-19 global crisis. Prior to the coronavirus pandemic, Emirates had a total workforce of 60,000 which the Dubai state-owned airline is planning to shrink by 15-20%. These drastic measures are being taken as the world’s largest long-haul carrier struggles […]

SEOUL, 10th July, 2020 (WAM) — His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has sent a message to President Moon Jae-in of South Korea, congratulating him on the 40th anniversary of the establishment of diplomatic relations between the two friendly countries. The message was delivered by H.H. Sheikh Abdullah bin Zayed Al […]

With A No-Nonsense Message HH Sheikh Mohammed Inaugurates 7 New RTA Metro Stations In Dubai “This is Dubai, we say what we do, and do what we say.” With this tweet HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, integrated seven new Dubai RTA Metro stations to the world and the people of Dubai on Wednesday, July 8. […]

On today’s update we have the latest UAE coronavirus figures, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, opens the Expo 2020 Dubai Metro extension, and President Sheikh Khalifa launches a Frontline Heroes Office. The UAE teams up with Kevin Hart to launch an international campaign inspired by the Emirates Mars Mission, Russia’s bid to cut aid to Syria fails at the UN and United […]

Dubai’s Route 2020 Project, designed to extend Dubai Metro an additional 15km from Jebel Ali to the Expo 2020 year. site, has been inaugurated by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and will officially open to the public in September, connecting communities with a combined population of around 270,000. أعلنا قبل 47 شهراً […]

Building on the success of its portfolio of Indian Rupee (INR) product suite, the Dubai Gold & Commodities Exchange (DGCX) will be launching a Weekly INR-US Dollar (USD) Futures Contract. The new contract will go live on Friday, 10th July 2020. The DGCX’s INR product suite includes its flagship Monthly INR Futures, INR Options, INR Quanto Futures, and Mini INR Futures Contracts. The new Weekly INR Futures Contract […]

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