… board members of the Higher Sharia Board for Banking and Finance to strengthen consistency of the Islamic finance industry across the UAE. The Board is responsible for setting rules, standards and general principles for banking and financial …
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Canadian Solar to supply modules to Dubai project
Canadian Solar, one of the world’s largest solar power companies, has been selected as the sole module supplier to provide 268 MW of double-glass Dymond modules for the first phase of the 800 MW Mohammed bin Rashid Al Maktoum Solar Park (Dewa Project) in …
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India and the UAE: Ancient Alliance, New Opportunities
The UAE may hold the key to India’s establishment as a leading world power and major emerging economy. With historical ties that date back centuries and opportunities for growth in industries such as realty, finance and trade, all signs point to a …
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Abu Dhabi’s sweet shops get busier by the day
Abu Dhabi: Sweet shops in the capital are seeing more business than usual, thanks to Ramadan. Traditional Middle Eastern sweets have become one of the main food traditions during Ramadan, with well-known treats such as qattayef, kunafa, baklava and …
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UAE Central Bank orders closure of money exchange
Abu Dhabi: The UAE Central Bank has ordered the closure of a small money exchange house after detecting irregularities, official sources told Gulf News on Tuesday. The exchange, which has six branches — three in Dubai, two in Abu Dhabi and one in Sharjah …
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Bloom begins main works at Soho Square, Abu Dhabi
The main construction phase is now underway at Soho Square, Bloom Properties’ second mixed-use project on Saadiyat Island in Abu Dhabi, according to a statement by the developer. Bloom Properties has appointed Emirates Link Maltauro to carry out the work.
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Best Places To Stay In Abu Dhabi: 8 Hotels And Vacation Rentals
You can reach the Abu Dhabi International Airport within 25 minutes in a car. Here you can enjoy a comfortable stay in the air-conditioned suites of this property, which boast of contemporary interiors that are charmingly done in earthy tones. Other room …
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Dubai real estate fund ENBD Reit buys student housing for Dhs120m
Dubai-listed real estate investment fund ENBD Reit has acquired Dubai’s ‘first purpose-built student residence’ for Dhs120m, it announced on Tuesday. The 424-bed property, Uninest Dubailand, was acquired from Global Student Accommodation (GSA) on a …
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Dubai blazes a trail with inaugural technology gathering in California
A delegation of senior officials from more than Dubai government entities were in the United States last month as part of Dubai 10X’s inaugural outreach trip to Silicon Valley. Dubai 10X is an initiative of the Dubai Future Foundation (DFF). The 10X …
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One killed, 14 injured in Dubai road accidents
Dubai: One person was killed and 14 others were injured in traffic accidents on Dubai roads during the weekend and the first two days of Ramadan, police said on Monday. Brigadier Saif Muhair Al Mazroui, Director of Traffic Department in Dubai police, said …
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Dubai index sees temporary bounce in weak market
The Dubai Financial Market General Index closed 0.74 per cent higher at 3,318.12. Union Properties closed 2.39 per cent higher at Dh0.900, while Emaar Properties closed 0.43 per cent higher at Dh7.18. “It appears to be a broad-based rally based largely …
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Dubai Financial Market : Ramadan lull weighs on region
Most Arabian Gulf stock markets were little changed yesterday as investor sentiment remains low in the midst of the economic slowdown hitting the region. The Ramadan lull also weighed on trading, which remained thin in most markets. “We need significant …
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UAE champions fighting hatred, Muslim scholar says
Abu Dhabi: A leading Muslim scholar praised the UAE as a leader in fighting hatred and for criminalising all forms of discrimination on the grounds of religion, caste, creed, doctrine, race, colour or ethnic origin. “The UAE was the first Arab country to …
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Car catches fire in Dubai
Motorists were warned to take extra caution while driving. Although Dubai Police did not yet reveal the cause of the fire, Gulf News previously reported that the majority of car fires occur due to improper maintenance of electrical systems, illegal …
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Economists Puzzled By Unexpected Plunge In Saudi Foreign Reserves
In an attempt to boost its funds, the kingdom also allowed qualified institutional … all trade going via Oman instead of Dubai ports, more flights and opening of the first bank in the world from Oman, inside Iran, are just a few signals aside from …
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UAE set to catalyse connectivity with 5G
Telecoms across the UAE have eagerly accepted that there is a unique opportunity for them to provide the network and roadmap for 5G opportunities, and facilitate technology adoption across various industries. In its latest report, Ericsson notes that UAE …
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Every UAE resident has more than two mobile phones
The UAE occupies the first position in the Arab region in terms … The network readiness index measures the capacity of an economy to benefit from information and communication technology, to increase competitiveness and development.
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