“Och-Ziff, one of the largest hedge funds, positioned itself to profit from … a handful of longtime investors are sticking with the firm. A unit of Dubai’s sovereign investment fund retains a 16% stake, and mutual fund giant T. Rowe Price has bought …
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Dubai Property Prices Set To Bottom Out At Last
Dubai’s property market is still in the doldrums, years after prices and rents started to drop. Estate agents suggest the downward spiral is likely to bottom out over the next few months. International property firm Cluttons, who have offices in Dubai …
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Inside the UAE’s tech start-up environment
“UAE free zones make it easy to start companies compared to … and Internet of Things Expo (IoTx) 2017 run until tomorrow. “Technology is playing a greater role in our lives and the Middle East is home to some of the brightest minds in the sector …
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UAE’s official Arab Islamic American Summit statement
Riyadh: The UAE has paid a glowing tribute to the historic initiative of The Custodian of The Two Holy Mosques, King Salman Bin Abdul Aziz of Saudi Arabia, for convening the Arab Islamic American Summit. In its official statement on the occasion …
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Sheikh Mohammed bin Rashid opens Area 2071 technology hub
DUBAI // A headquarters for futuristic technology companies and start-ups, Area 2071, was opened by Sheikh Mohammed bin Rashid in Dubai on Sunday. The space in Emirates Towers is intended to unify efforts in the government and public sectors to create …
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UAE films now eligible for Oscar nomination
Emirati director Abdullah Al Kaabi called this fantastic news. “For us filmmakers from the UAE, it’s always been kind of hard working in this industry, because we don’t have an umbrella or institute that we can work under — a national institute for …
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UAE minister sees chance for Iran to reset ‘troubled’ ties with neighbors
DUBAI A senior United Arab Emirates official said on Sunday … On Saturday, Saudi Foreign Minister Adel al-Jubeir, at a news conference with his U.S. counterpart Rex Tillerson in Riyadh, said Iran’s presidential election was an internal matter.
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Revealed: The most dangerous day of the week on UAE roads
Dubai: Road rage is a common sight in the UAE during Ramadan, as tempers flare up, fender benders occur and motorists exceed the speed limit as they make their way home. According to recent research, there is one day of the week in particular when the most …
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Little women stand tall at Dubai fashion show
The International Dwarf Fashion Show, a non-profit organisation that aims to “reverse the discriminatory diktats of beauty”, brought seven women with dwarfism to Dubai this week for a show dedicated to raising awareness about the need for more inclusivity …
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Ivanka Trump fund takes $100M from Saudi Arabia, UAE
As Trump traveled the Middle East, Saudi Arabia and the United Arab Emirates pledged $100 million to a fund for women entrepreneurs proposed by Ivanka Trump, according to a report. The massive donation comes in spite of Trump, as a presidential candidate …
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UAE Doctors Save Newborn With Liver Outside Body
Dubai: Surgeons in Abu Dhabi have saved a child who was born with a portion of his small intestine as well as his entire liver outside his body. The organs hung from a huge spherical sac sealed by a thin membranous lining from the umbilicus, according to …
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First quarter UAE banking sector data points to improving liquidity
Dubai: The UAE banking sector liquidity conditions in the first quarter of 2017 has eased further from year end 2016 and banks have substantially better liquidity position at the close of the first quarter of 2017 according to the latest data from the …
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10 new schools to open in Dubai from September
The news of the new schools could come as a relief for parents struggling with the prospect of higher fees. Earlier this week, the KHDA, which has carried out inspections of 159 of 185 private schools across Dubai during this academic year, paved the way …
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Abu Dhabi Police launches unique service
Abu Dhabi: Motorists can now register and license their vehicles through auto agencies and showrooms, according to a new service launched by Abu Dhabi Police on Saturday. The newly introduced service comes as part of Abu Dhabi Police strategy and aims to …
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Exclusive: China to lift curbs on foreign fund offshore investments
A growing number of foreign financial institutions, including Aberdeen Asset Management, U.S. hedge fund Bridgewater Associates and Vanguard … which it did not detail — had been dealt with… DUBAI (Reuters) – U.S. President Donald Trump, departing …
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Police close entrances to Dubai malls
Brigadier Saif Muhair Al Mazroui, director of Traffic Department at Dubai Police, told Gulf News they closed the entrances to Dubai Mall, Mirdif City Centre and Mall of the Emirates from 4pm. “We closed the entrances because the parking lots in those mal …
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Trump Jr.’s Dubai commencement address raises new ethical questions about paid speeches
Trump heads overseas amid turmoil at home While the university is private, sources tell CBS News that Dubai helped found and holds a continuing stake in the school. In his remarks, Trump Jr. thanked and conferred degrees alongside Sheikh Ahmed bin Mohammed …
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