Dubai developer Emaar has announced plans to list 30 per cent of its UAE real Estate Development business on the Dubai Financial Market (DFM). The funds raised through the sale of equity will be primarily distributed as dividends to Emaar’s shareholders …
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Arab nations risk gas insecurity over rift with Qatar
The UAE, which also cut ties with Qatar … In the past, gas imports were a political non-starter, but the emergence of the Saudi Aramco IPO appears to be changing this position. Heretofore, global gas trade had been the stronghold of Qatar.
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Abu Dhabi’s Al Maha Arjaan Rotana completes US$14m renovation
The completed renovation encompasses the property’s 288 guestrooms … Al Maha Arjaan by Rotana has always been an iconic hotel in Abu Dhabi. The renovation project was an important step for our owners and for Rotana to provide new levels of accommodation …
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UAE demands guarantees before mending Qatar ties
ABU DHABI: The United Arab Emirates said on Tuesday that Qatar would need to provide a “guaranteed roadmap” before it would consider mending ties. Along with neighbouring Saudi Arabia and its closest allies, the UAE severed relations with Qatar on Monday …
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Investigation into boy’s murder begins
As Gulf News reported on Tuesday, the 11-year old boy, whose body was found on the rooftop of his residential building last week was raped and murdered. Major General Maktoum Al Sharifi, director-general of Abu Dhabi Police, said the police have arrested a …
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24 private schools to hike fees in Abu Dhabi
Abu Dhabi: A total of 24 private schools in the emirate of Abu … Fernandes, mother of a fifth-grader from India, told Gulf News. Her daughter attends an Indian curriculum school, and Fernandes pays Dh18,000 in annual tuition. “She moves up a grade …
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Tourism Boom in Abu Dhabi
New figures from the Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, show that emirate welcomed 1.6 million guests in the first quarter of 2017, recording a 7 percent growth compared to the same period last year. The month of April has continued to …
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ADNEC Marks Global Exhibitions Day
Abu Dhabi National Exhibitions Company (ADNEC) will join national exhibition associations and exhibition venues across the world in marking the Global Exhibitions Day 2017 (GED 2017) on 7 June, 2017. Global Exhibitions Day is an opportunity for the …
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Abu Dhabi Crown Prince receives representative of Pope Tawadros II
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received Bishop Julius, Special Representative of Pope Tawadros II, Pope of Alexandria and Patriarch of the See of …
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beIN Sports blocked in the UAE as diplomatic row with Qatar deepens
DUBAI // Qatari broadcasters beIN Sports and Al Jazeera have been blocked in the UAE after a diplomatic stand-off between the countries came to a head. The sports channels and news channels were off air from Monday night as the UAE, Saudi Arabia, Bahrain …
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Dubai generated Dh1.4 billion from medical tourism in 2016
Dubai: Dubai generated over Dh1.4 billion from the medical tourism sector with around 326,649 tourists visiting the emirate last year, said Dubai Health Authority (DHA) on Tuesday. The influx of tourists marked a 9.5 per cent increase over previous years …
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Qatari riyal under pressure as Saudi, UAE banks delay Qatar deals
DUBAI/DOHA The Qatari currency came under pressure on Tuesday as Gulf commercial banks began to hold off on dealing with Qatari banks because of the diplomatic rift in the region, banking sources told Reuters. Some Saudi Arabian, United Arab Emirates and …
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Dubai set for world’s cheapest night-time solar power
World Environment Day featured record-low solar bids submitted for Dubai’s upcoming project that will allow the sun to power thousands of homes at night. The Dubai Electricity and Water Authority (Dewa) announced yesterday the prices from four …
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Rising output, new orders lift UAE business morale to 8-month high
The level of business confidence in the UAE climbed in May to its highest level since September 2016, with market pundits forecasting growth in output. Emirates NBD Future Output Index rose to its highest level since September 2016. “Many panellists are …
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Qatar row: The business gulf
while an estimated 231,000 Qatari visitors arrive in the UAE every year for business and holidays. The number of Emirati visitors to Qatar is more than 117,000. In the field of air transport, the number of flights operated by four UAE carriers and Qatar …
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4 UAE carriers suspend flights to, from Doha
Dubai: Emirates, Etihad Airways, flydubai and Air Arabia said on Monday they will suspend all flights to and from Doha starting June 6 until further notice after the UAE announced it was severing diplomatic ties with Qatar. The four main UAE-based carriers …
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Saudi and UAE banks suspend business with Qatari banks amid diplomatic crisis
Some commercial banks in Saudi Arabia and the United Arab Emirates have suspended business with Qatari banks as a result of a major diplomatic spat in the region, Reuters reported on Tuesday, citing banking sources. The sources said that lenders were …
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