Business & Money | Thursday 16 April, 2020 12:07 pm

MENA Mergers and Acquisition transactions totalled US$14.8 billion in Q1 2020

Refinitiv today released the 2020 first quarter investment banking analysis for the Middle East. According to the report, investment banking fees in the Middle East and North Africa reached an estimated US$188.8 million during the first quarter of 2020, up 11% from last year’s slow start, with...

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Business & Money | Thursday 16 April, 2020 11:38 am

G20 fights to save global economy from virus disaster

The world’s 20 most powerful countries unveiled a raft of measures on Wednesday to deal with the crippling effects of the coronavirus pandemic as it threatens a global slump to rival the 1930s Great Depression.“Immediate and exceptional measures” were announced by finance ministers and...

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Business & Money | Thursday 16 April, 2020 3:22 am

Geely Automotive bolsters its Corporate Social Responsibility with Cutting Edge Air Filtration Technology

n an effort to promote safety and hygiene in a time of prolonged virus threat, Geely Automotive launched the industry's first medically validated "CN95 air filter" in its vehicles’ air conditioning systems. Taking its cue from the N95 masks that are a hot commodity nowadays, the highly efficient...

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Technology & IT | Thursday 16 April, 2020 1:10 am

OPPO, Ericsson, and MediaTek realise VoNR voice and video calls to bring high-quality 5G experience to users

OPPO announced that it has successfully conducted voice and video calls solely based on the next-generation 5G network, bringing high-quality 5G experience closer to reality.  Partnering with Ericsson and MediaTek, the VoNR (Voice/Video on New Radio) calls were made on a modified...

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Environment & Energy | Thursday 16 April, 2020 12:32 am

Saudi Aramco Has Not Made Any Offers of Extended Payment Terms to Crude Oil Sales

Saudi Aramco Company has denied some media reports with regard to payment terms to crude oil sales.In a statement issued, the company stated that "Contrary to a recent media report, Aramco has not made any offers of extended payment terms to crude oil sales." ...

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Government | Wednesday 15 April, 2020 6:19 pm

Emirates becomes first airline to conduct on-site rapid COVID-19 tests for passengers

Emirates in coordination with Dubai Health Authority (DHA) will be introducing additional precautions. Passengers on today's flight to Tunisia were all tested for COVID-19 before departing from Dubai. Emirates is the first airline to conduct on-site rapid COVID-19 tests for passengers. The...

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Culture & Education | Wednesday 15 April, 2020 6:14 pm

The Department of Culture and Tourism - Abu Dhabi holds virtual workshop titled ‘The Status of Arab Publishing and its Future’

The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) organised a virtual digital workshop titled ‘The Status of Arab Publishing and its Future’ this week, which discussed Arabic publishing houses, the challenges facing the industry, the future of the sector and different...

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Cars & Autos | Wednesday 15 April, 2020 3:00 pm

Genesis Middle East and Africa HQs Extends Warranties for its Customers

Genesis C A R E extends original warranties that expire between 1st March and 30th April 2020Extended warranty covers customers across the regionGenesis Motor distributors in the Middle East and Africa to contact eligible customers individually  – Genesis Middle East and Africa HQs ...

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Government | Wednesday 15 April, 2020 2:55 pm

King issues new package to mitigate economic impact of coronavirus

Custodian of the Two Holy Mosques King Salman has approved on Wednesday an allocation of SR50 billion to expedite the payment of the dues of the private sector.This is part of a package of additional economic initiatives approved by the King to support mainly the private sector to mitigate the...

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Business & Money | Wednesday 15 April, 2020 2:51 pm

Al Wathba National Insurance Company allocates AED1 Million of insurance premium discount to support UAE healthcare workers

 Al Wathba National Insurance Company (AWNIC) allocates AED1 Million of insurance premium discount to support the UAE healthcare workers as a gesture of thanks for combatting COVID-19 Al Wathba National Insurance Company (AWNIC) is offering medical sector employees a 30% discount in...

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