Dubai

ADB halts graft-laden single window project of Maldives’ Economic Ministry

Finance Minister Ibrahim Ameer (L) and Economic Minister Fayyaz Ismail attend the Maldives Monetary Authority (MMA)’s 38th anniversary celebration ceremony in 2019. In an unprecedented first in Maldives, the Asian Development Bank (ADB) has halted the USD 6.7 million (MVR 100 million) National Single Window project of the Ministry of Economic Development, as it was handed over to an ineligible ...

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How we boosted lockdown reading with painting and piano

How can you foster a love of reading in younger children during lockdown? Painting, piano and live reading sessions do the trick, says this international school librarian In 2018, I started the first Open University (OU) and UK Literacy Association (UKLA) Teachers’ Reading Group in Dubai.  The OU/UKLA support more than one hundred such groups in the UK and beyond, ...

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Kuwait’s independent utility projects ‘to enter fast track’

The protracted procurement process for Kuwait’s independent water and power projects (IWPPs) has been, over the years, testing the endurance of consultants and investors.  However, there are compelling reasons to believe that this time, things will be different – following the news that Kuwait has given consultants until July 23 to submit advisory bids for the development of two power ...

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Mosques reopen in Saudi Arabia and Jerusalem amid virus woes

DUBAI, United Arab Emirates (AP) — Tens of thousands of mosques across Saudi Arabia reopened Sunday for the first time in more than two months, with worshipers ordered to follow strict guidelines to prevent the spread of the coronavirus as Islam’s holiest site in Mecca remained closed to the public. The Al-Aqsa Mosque in Jerusalem, Islam’s holiest site outside of ...

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Saudi Arabia’s wealth fund seeks IPO of information security firm Elm – sources

DUBAI/RIYADH (Reuters) – Saudi Arabia’s sovereign wealth fund is considering an initial public offering of its information security company Elm, three sources familiar with the matter told Reuters. The $300 billion Public Investment Fund (PIF) sent banks a request in recent weeks to come up with proposals on how to go ahead with a sale of Elm shares to the ...

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