Dubai: The UAE’s main equity indices were relatively flat on Monday, one day before Abu Dhabi’s three biggest banks are set to disclose their financial results for 2016. The Dubai Financial Market (DFM) index inched up 0.34 per cent to 3,678.79.
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Dubai’s Telecom Watchdog Has Warned Against The ‘Free WiFi Network’
Telecommunications Regularity Authority (TRA) has warned smartphone users to be careful while connecting to ‘free’ WiFi network at hotels and malls, as hackers can access the devices by setting up fake WiFi points. There are fake open WiFi networks in …
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GCC bank profits expected to improve in 2017
Dubai: Profitability of Gulf Cooperation Council (GCC) banks are expected to improve this year after going through a slowdown last year according to banking industry analysts and rating agencies. “Earnings in GCC may show a growth of 5.9 per cent 2017 …
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Abu Dhabi: Sun, sea, lots of sand, and much more
You may not immediately think a Middle Eastern holiday is for you, but there are plenty of good reasons to add Abu Dhabi to your list. Qasr Al Sarab by Anantara in Abu Dhabi. You may not immediately think a Middle Eastern holiday is for you, but there are …
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Shaikh Mohammad surprises Dubai diners
Dubai: Diners at the Madinat Jumeirah were in for a pleasant surprise over the weekend, as the ruler of Dubai unexpectedly popped up into the neighbourhood. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE …
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US embassy in UAE suspends issuing visas to citizens of 7 countries
Dubai: Gulf News contacted US Embassy and consulate in Abu Dhabi and Dubai respectively on Sunday for comment but officials couldn’t be reached by press time. On its twitter account, US Mission to UAE officials tweeted on Sunday that it is suspending the …
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UAE to grant Russian visitors visas on arrival
DUBAI The United Arab Emirates will offer Russian visitors visas on arrival in the country in a bid to boost tourism and trade, state news agency WAM reported on Sunday. Prime Minister and ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum has approved a …
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UAE and India have a shared history and a shared future: paper
A UAE newspaper has said that the three-day visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to New Delhi, has come to an end, but the relationship between the UAE and …
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UAE to grant Russian travelers visas on arrival
UAE state news agency WAM reported. Under the decree approved by Vice President, Prime Minister and Ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum, Russian citizens are granted an entry visa for 30 days for the first time, renewable one time only …
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Republic Day 2017: UAE Soldiers Lead March At Parade On Rajpath
As India celebrated its 68th Republic Day, soldiers of the United Arab Emirates (UAE) led the parade at Rajpath, the ceremonial road where President Pranab Mukherjee, Prime Minister Narendra Modi and Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan …
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Abu Dhabi financial center, Mauritius counterpart agree to boost cooperation
United Arab Emirates (UAE) state news agency WAM reported. The two sides signed a memorandum of understanding to strengthen regulatory cooperation, facilitate joint collaboration and exchange of information. “We are pleased to continue our efforts in …
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Alternatives thrive as UAE investors cast nets wide
Dubai: The 30-year bond rally as well as a US equity market … Alternative investment strategies offer a wide range of possibilities — from commercial real estate, hedge funds, private equity, private placement debt to trade finance.
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Abu Dhabi Global Market attracts dozens of special purpose vehicles
Abu Dhabi Global Market, the capital’s financial free zone … shipping, and technology/intellectual property development,” it said in a statement. “The innovative ADGM SPV regime, benchmarked against leading international jurisdictions in terms of …
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Abu Dhabi Pet Festival to raise awareness on animal welfare
Abu Dhabi: The Abu Dhabi Pet Festival will be held on February 3 from 2pm to 10pm at du Arena in Yas Island. The festival’s third edition will celebrate pets with a variety of entertaining competitions and demonstrations, and will host the fifth …
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Market permitting, Dubai Investments plans IPOs in 6-9 months -CEO
which is 60 percent owned by Dubai Investments, was working as a financial adviser on the listing, he said. “When we are positive on the market, then we can go to the Emirates Securities and Commodities Authority (ESCA) for approval for the IPO,” said Kalban.
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UAE residents found it harder to get loans in 2016 – report
The number of UAE residents applying for personal loans dropped in 2016, but it was harder for those who applied to get their loans approved, according to a new report. The report by financial comparison site compareit4me.com found that the number of …
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UK financial regulator acts on pension scam fears
The UK financial regulator is looking to crack down on domestic and international pension transfers in a move that could give added protection to British investors in the UAE. The Financial Conduct Authority (FCA) has issued an alert over the growing …
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