News

Abu Dhabi Securities Exchange, ADX, today announced the launch of its latest investment service “Covered Short Selling”, to support the exchange’s strategy of diversifying investment and providing investors with a broader range of hedging mechanisms. By doing so, it will attract a new segment of specialized and experienced investors, driving …

Dubai Shopping Festival (DSF) is back for its 26th edition from 17 December 2020 until 30 January 2021, with over six weeks of family fun and entertainment, live concerts, unique markets, art installations and stage shows plus super sales, unmissable promotions and chances to win life-changing prizes planned for residents …

Chaired by the Crown Prince … Sharjah Executive have approved the conclusion of the Memorandum of Understanding between the Department of Economic Development and the Telecommunications Regulatory Authority. The agreement aims to develop the economic environment in the emirate in the field of electronic trading, regulating its activities through websites …

Sharjah Police: Two citizens were killed and a third was seriously injured in a traffic accident that took place yesterday evening, Monday, on “Mahafiz – Nizwa” road in the emirate of Sharjah. The motorist was overspeeding when the left rear tire burst and the vehicle swerved out of control and …

The Ministry of Health and Prevention, MoHAP, announced on Tuesday that it conducted 96,989 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the Ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus …

Apple is revealing its next-generation iPhone Tuesday that is rumored to include 5G connectivity and boast squared-off edges – but new leaks provide more details of what many are calling the iPhone 12. The smartphone is set to have a 30x zoom camera that is capable of focusing in on objects and …

Field inspectors from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy continued their visits to open markets and shopping centres across the emirate yesterday to make sure that commercial establishments commit to the precautionary measures against COVID-19. During yesterday’s tours, Dubai Economy imposed fines on 11 commercial …

The low-cost carrier, Air Arabia, has announced the resumption of directs flights between Sharjah and the Ukrainian capital Kiev starting 25th October, 2020. Air Arabia also said it is introducing a free COVID-19 insurance coverage to passengers which is automatically included with bookings. Customers can book flights via Air Arabia’s …

The Director-General of the National Emergency Crisis and Disasters Management Authority, NCEMA, Obaid Rashid Al Shamsi, has said that the UAE is a pioneering global model in the way it responded to the COVID-19 pandemic, thanks to the government’s foresight and proactive approach in managing the crisis. In a speech …

More than 37.74 million people have been reported to be infected by the novel coronavirus globally and 1,078,572​ have died, according to a Reuters tally published on Tuesday. With 214,584 deaths and 7,783,379 confirmed cases, the United States topped the list of twenty countries with the highest recorded infections and …