Dubai: Dubai added another feather to its cap on Wednesday with the launch of the Dubai Future Academy under the directives of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The academy …
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UAE construction sector needs to show more patience
“This way, (even) if Dubai and Abu Dhabi are quiet, we have the flexibility in the business. But we are not going to fly to Asia or Africa to set up offices — it will be project by project.” (The CEO added that possibilities of working in Iran have b …
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Dubai 2017 budget focuses on Strategic Plan 2021 targets
Dubai: Dubai’s Dh47.3 billion budget for 2017, approved by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, targets boosting infrastructure spending in line with the targets of Strategic …
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Dubai Business Events Director on the Future of Meetings in the Knowledge Economy
The BestCities Global Alliance and Dubai Business Events are focusing more on how convention bureaus can collaborate with association conference organizers to create a longer legacy impact of business events for both the organizations and host destinations.
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Dubai to spend more despite projected revenue decline
Dubai: The Government of Dubai’s 2017 budget shows an increase in budget allocations driven largely by higher infrastructure and social spending even as total government revenues are projected to declined. Earlier this year, the government issued the …
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Dubai Municipality reveals the truth on Indomie noodles
Dubai: Dubai Municipality on Wednesday has squashed rumours against the popular Indomie instant noodles, confirming that the pasta does not contain worms. In a video that has gone viral across social media in the last four days, a woman alleges that she …
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UAE eyes stricter regulation of infamous 25-year savings plans
A quick trawl through the internet reveals dozens of complaints from expats in countries including the UAE who have fallen victim to restrictive saving schemes often sold through cold calling or even business network LinkedIn. The plans typically involve …
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Dubai Business Events CEO on the Future of Meetings in the Knowledge Economy
The BestCities Global Alliance and Dubai Business Events are focusing more on how convention bureaus can collaborate with association conference organizers to create a longer legacy impact of business events for both the organizations and host destinations.
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Emirates NBD launches game to improve financial literacy
Emirates NBD has launched an edutainment mobile game, Banki, to promote financial literacy in the UAE. Through its engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young age and consider careers …
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Credit Card Dubai by Smart Finance
Credit Card Dubai by Smart Finance – Explore different credit cards so you can choose the one that’s right for you. … one of the Best Credit Cards offers for Expats Living In UAE and Enjoy unmatched privileges and benefits with Dubai Credit Cards,By …
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Dubai through the eyes of the Jashanmal family
Dubai: For decades, Dubai has been a beacon of hope and tolerance for thousands of merchants and families who have prospered here. This legacy of being a hub for fairness, openness and multiculturalism, which it has preserved to this day, is being seen as …
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Historic documents give insight into early Dubai
Adviser of Museum and Heritage Affairs and chairman of the Board of Directors office at Dubai Culture, told Gulf News. This port was located near the Ruler’s Court back then on Dubai Creek. The Hamal Bashi was the person in charge of furdhah — he …
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Dubai named as hottest real estate investment market for 2017
Cluttons’ Middle East’s Private Capital survey revealed that Dubai had overtaken London as the most attractive … To illustrate the current state of alternative assets around the globe including hedge funds, real estate, managed futures, commodities …
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Hedge funds trim bullish bets on USA crude ahead of OPEC deal
Strength in Middle East crude benchmark Dubai may also further narrow its price gap against Brent, leading Asia refiners to buy more oil from the Atlantic Basin and the Americas, traders said. West Texas Intermediate for January delivery rose 5 cents to $ …
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Bad times ahead for public pension, insurance investors
Dubai: A significant number of institutional investors expect … increased target allocations to private equity and real estate. Overall, the appetite for hedge funds is seen receding with over a quarter of LPs planning to reduce their target allocations …
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MIDEAST STOCKS-Egypt hits record high, Qatar buoyed by $44 bln bank merger plan
DUBAI, Dec 20 Egypt’s blue chip stock index surged to a record … and up a spectacular 73.4 percent since the start of the year. Shares favoured by foreign funds were the top performers, with Global Telecom Holding leaping 12.9 percent.
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MIDEAST STOCKS-Egypt surges to fresh eight-year high, Gulf markets diverge
DUBAI, Dec 19 Egypt’s stock index surged 3.1 percent in … because it makes prices more attractive for foreign investors, and may drive local funds into stocks as a hedge against inflation. “The dollar rate is keeping up the appetite” for stocks among …
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