In the recent past, airlines have been in the news for all the wrong reasons … faced by people during flights is that of a mother who was stranded at the Abu Dhabi airport with her two daughters, because of the Etihad Airways’ insensitivity.
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Abu Dhabi and Kenya Form Fintech Bridge
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Capital Markets Authority (CMA) Kenya have signed a co-operation agreement for fintech innovation. The agreement provides a framework for information sharing …
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UAE non-oil private sector grows strongly
PMI data, produced by IHS Markit, contains original data collected from a monthly survey of business conditions in the UAE non-oil private sector. July data showed that output increased at a faster rate with firms citing favourable economic conditions and …
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Dubai Police warn of public WiFi scams
Dubai: Dubai Police have warned of cybercriminals who can easily hack user’s personal information from public WiFi networks as hackers prey on victims who don’t understand they are vulnerable on the unencrypted networks. Lieutenant-Colonel Salem Bin …
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Alumnus works to bring meaningful change to people’s lives in India and Dubai
Hiranandani ’02, ’03 (management information systems, MBA) had earlier returned to Mumbai after graduation to work at Hiranandani Group, his family’s real estate business and India’s largest residential developer. In Dubai, they had dinner with …
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Emaar Hospitality Group launches ‘Vida Dubai Mall’ hotel project linked directly to the mall in Downtown Dubai
Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties PJSC, today announced Vida Dubai Mall, a new hotel project linked directly to The Dubai Mall and with direct views of Burj Khalifa. This marks the tenth upcoming hotel …
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‘Whenever I make big money I buy a building’
Dubai saw a very big crash, but I survived. I then set up RSG Property & Management Development – when you have your own money and bank mortgages, you don’t care about crashes. RSG is everywhere now, on every corner. Some I own, some I sell off-plan …
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Emaar launches ‘Vida Dubai Mall’ hotel project
Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties, has announced a new hotel project in the United Arab Emirates. Vida Dubai Mall will link directly to The Dubai Mall and will have direct views of the Burj Khalifa.
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Front-liners gain further momentum in strong Dubai markets
DIB closed at Dh6.17, up 1.48 per cent. Dubai Investments closed 2.02 per cent higher at Dh2.53. Damac Properties closed 2.31 per cent higher at Dh3.99. Marka closed more than 3 per cent higher at Dh0.755. “Marka witnessed a bullish breakout after …
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Game-Changing Qatar Law to Grant Expats Permanent Residency
They will also be given priority, after locals, for military and civilian public jobs and would be allowed to own property and run certain commercial … analyst with the Control Risks strategy firm in Dubai. It also meshes with Qatar’s public relations …
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Qatar permanent residency offer a ploy to keep expatriates from leaving
Dubai: Amid growing concerns its expatriates are pondering … hopes that by affording skilled expatriates the same education and healthcare rights as Qataris and property ownership, it will not lose them and, will not have, consequently, to face …
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MIDEAST STOCKS-Strong Q2 results support Al Othaim, Aldar in otherwise flat trade
DUBAI, Aug 3 (Reuters) – Saudi Arabia’s supermarket and Abu … In Abu Dhabi, shares of the largest listed developer, Aldar Properties, climbed 1.3 percent to 2.37 dirhams after it reported a 5.6 percent drop in second-quarter profit to 620 million dirhams …
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UAE’s ENOC secures $500m revolving credit facility
Standard Chartered Bank and BBK B.S.C. ENOC Group’s chief executive, Saif Humaid Al Falasi, said: “Over the next five years, the group will focus on expanding capacities to support domestic energy demand in alignment with Dubai Plan 2021 and in …
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Exclusive: Goldman Sachs buys into Aramco $10 billion loan as it seeks IPO role – sources
DUBAI (Reuters) – Goldman Sachs (GS.N … It is common practice in capital markets to first establish banking relationships through loan transactions which are then followed by other deals. Goldman purchased a portion of the $10 billion revolving credit …
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PU to set up campus in Dubai
LAHORE: The Punjab University (PU) Hailey College of Banking and Finance (HCBF) and Professionals and Accountancy Centre (PAC), established under Knowledge and Human Development Authority (KHDA), Dubai, on Thursday signed a memorandum of understanding for …
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Dubai tourist confuses government building for a mall
Dubai: The government buildings of Dubai are quite impressive when you compare them to some of the office around the world. But one French couple recently confused a Dubai Municipality office for a shopping centre. On its social media account, Dubai …
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UAE’s Aldar Properties Q2 net profit falls 5.6 pct on lower revenues
The results come against a backdrop of a slowing economy and property market in the oil-rich capital of the United Arab Emirates. Aldar made a net profit attributable to owners of 620 million dirhams ($169 million) in the three months to June 30 compared …
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