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Emirates News Agency – UAE stock markets close on positive note driven by stimulus packages

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Mon 06-04-2020 21:04 PM ABU DHABI, 6th April, 2020 (WAM) — The incentives and stimulus packages recently launched at the country level continue to reflect positively on the UAE financial markets, leaving the country’s two main bourses in the green yet again driven by selective buys targeting powerhouse banking and property shares in Abu Dhabi[…]

Thousands of Pakistanis in UAE seek to return home amid coronavirus outbreak

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DUBAI (Reuters) – More than 20,000 Pakistani workers stuck in the United Arab Emirates are seeking to return home, as the Gulf Arab state tightens restrictions due to the coronavirus outbreak. The UAE, which has reported 1,799 coronavirus cases and 10 deaths, has gradually increased curbs, including imposing a nationwide curfew, suspending passenger flights and[…]

Dubai Culture announces business relief measures

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Dubai Culture & Arts Authority (Dubai Culture) has announced a package of measures to ease the financial challenges of tenants in its cultural and heritage properties. The measures, which aim to help its tenants ease challenges in the current economic environment, include exemptions and grace periods, effective from March 15. The measures complement the support[…]

Mansion Global Daily: Home Buyers Can Now Drive a Hard Bargain, Major Dubai Landlord Announces Rent Waiver and More

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It’s Time for Home Buyers to Drive a Hard Bargain Uncertainty has opened a window for investors and end-users alike to cut a deal that would have been difficult or impossible only two months ago. Read More BY THE NUMBERS  TRENDING TODAY  LISTING OF THE DAY  Jon Bon Jovi’s 18,000-Square-Foot New Jersey Mansion Comes Complete[…]