After the recent visit of the Abu Dhabi crown prince, the two countries are trying to fulfill the leadership’s intent to show results as articulated in the joint statements signed in August 2015 when the PM went to Abu Dhabi and the second in January 2017.
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Dubai to introduce more regulations for desert tour, camp operators
Desert camp and tour operators in Dubai are set to face more new regulations, the emirate’s Department of Tourism and Commerce Marketing (Dubai Tourism) revealed on Sunday. The new rules are updates to the Desert Tour and Camp regulations first …
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Dubai Financial Market launches region’s first ETF trading platform
Dubai Financial Market (DFM) today announced the launch of a trading platform for exchange-traded funds (ETFs), the first of its kind in regional capital markets. Governed by a world-class regulatory framework, the platform offers unprecedented levels of …
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Dubai police question James Kingston, British daredevil who climbs skyscrapers and construction cranes
DUBAI, United Arab Emirates — A British daredevil known for his vertigo-inspiring online videos chronicling his climbs up buildings and construction cranes was interrogated by Dubai police over his recent ascents in the sheikhdom, authorities said Sunday …
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UAE Ministry of Finance issues budget preparation circular
The five-year budget plan for 2017-2021 was prepared for ministries and independent federal entities in line with UAE Vision 2021 and the UAE Cabinet’s resolution No. 7/168 and /6 of 2015. The resolution extended the term of the federal budget from three …
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New online property will developed for non-Muslims
Dubai: A new property will has been developed online specifically for non-Muslim property owners in Dubai and Ras Al Khaimah. They can now draw up their will and register it in Dubai for a quick and hassle-free succession. Despite the continuous year-on …
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UAE Central Bank issues capital adequacy regulations in line with Basel III
The Central Bank of the UAE has issued new regulations to ensure that capital adequacy of all banks operating in the UAE is in line with revised rules outlined by the Basel Committee on Banking Supervision in Basel III, a global regulatory framework for …
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Dubai is building the city’s largest park
But being Dubai, there’s a modern touch to the plans, as the park will have WiFi connectivity and smart cards for purchasing. The first phase of construction will see 318,000 square metres completed, and work is set to start this year. This initial stage …
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UAE: World's largest park slated for Dubailand
as well as WiFi connectivity throughout its premises. Eng Hussain Lootah, director-general of Dubai Municipality, said the park’s development is in line with directives to expand Dubai’s green spaces, issued by HH Sheikh Mohammed bin Rashid Al Maktoum …
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Fintech Business, Beehive, is the First Peer to Peer Lending Platform to Receive DFSA Regulation
Beehive has become the first peer to peer lending platform to set up offices in the Dubai International Financial Centre (DIFC) and become officially authorised and regulated by the Dubai Financial Services Authority (DFSA). (Photo: http …
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Dubai's DFSA regulates first peer to peer lender
March 5 Dubai-based Beehive said on Sunday it had become the first peer-to-peer lender to become regulated by the Dubai Financial Services Authority (DFSA), the regulator for the Middle East and North Africa’s largest financial centre. After emerging in …
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Andy Murray wins his first title of the year in Dubai
DUBAI, United Arab Emirates — Andy Murray captured his first title of the year and became the first British man to win the Dubai Tennis Championships in its 25-year history when he defeated Fernando Verdasco 6-3, 6-2 on Saturday. This was Murray’s seventh …
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Pictures: Dubai reveals plans to develop city’s largest public park
Dubai has announced plans to develop the emirate’s largest … The park will also have smart cards for ticketing, purchasing and Wi-fi connectivity throughout, the statement said. Construction on the first phase of the park, covering 318,000 sqm, is …
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All eyes on Dubai skyline for wonder ads
Project designer Mr Siden, from San Francisco, hopes to bring the technology to the Middle East this year and said Dubai’s skyline was the perfect place to display what he hopes will be the future of advertising. “The UAE is an important market for us …
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Dubai Aquarium offers animal lovers a virtual reality experience that doesn’t bite
A new virtual reality experience at Dubai Aquarium and Underwater Zoo is giving visitors a glimpse into the lives of endangered species and their habitats. Paul Hamilton, general manager and curator of the aquarium, believes the technology can help to …
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Dubai’s largest park coming up in DubaiLand
Dubai is building the city’s largest public park, as big as London’s Hyde Park, in DubaiLand, it was announced on Saturday. Dubai Holding and Dubai Municipality signed a Memorandum of Understanding (MoU) to develop the park that stretches across …
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See what Dubai’s largest park will look like
Under the directives of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Dubai Holding, the global investment holding company, signed a Memorandum of Understanding (MoU) with Dubai …
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