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 of 620 million dirhams ($169 million) in the three months to June 30 compared to 654 million dirhams …
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Landmark Qatar Law to Grant Permanent Residency to Expats
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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How to get a buy-to-let mortgage for a British property if you have moved overseas
Most lenders require the property to wash its face … Sweden Krona, Chinese Yuan/Renminbi, United Arab Emirates Dinar, Saudi Arabian Riyal, Hong Kong Dollar, Kuwaiti Dinar and Singaporean Dollar. The mutual will take a limited amount of earned income …
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28% GST to negatively impact travellers: EIH
Oberoi said a number of managed property would be commissioned during the current fiscal. Two property in Chandigarh and the UAE had been already commissioned.
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Moving house in Dubai? DEWA just made it a whole lot easier…
But now the Dubai Electricity and Water Authority (DEWA) has launched a new service to help. The ‘Move To’ service, allows customers to transfer their electricity and water accounts just by submitting the Ejari tenancy contract for the new property.
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Dubai Customs doing fine
Ahmed Mahboob Musabih, director of Dubai Customs, said the significant growth in the number of customs transactions processed is due to their commitment to provide first-class facilities to traders in order to attract more trade and business into Dubai.
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Dubai Customs delivers 4.5m transactions in H1
Submit Claim service accounted for 458,000 transactions at 10.2 per cent while Book Inspection Appointment service contributed 139,000 transactions at 3.11 per cent and Register Business 53,400 transactions at 1.1 per cent. Transactions delivered by Dubai …
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Banker sues hotel for AED50 million after finding bloodied bandage in meal
Dubai: A high-profile UAE banker is suing a top Dubai-based hotel for AED50 million after he discovered a bloodied bandage in his meal during a business dinner with VIPs. Shortly after dinner was served, the banker was shocked to find the blood-soaked …
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UAE’s private sector activity holds up even during summer
Dubai: UAE’s private sector activity continued to turn in a … The survey, sponsored by Emirates NBD and produced by IHS Markit, contains data collected from a monthly survey of business conditions in the UAE non-oil private sector. The seasonally …
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Dubai Chamber, UAE Federal Tax Authority to host workshops on VAT compliance
Atiq Juma Nasib, Senior Vice President of Commercial Services at Dubai Chamber, explained that the workshops will aim to familiarise the business community with the concept of VAT, the registration and implementation process associated with the new tax …
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Emaar Hospitality plans new hotel linked to The Dubai Mall
The hotel and serviced residences project is in easy access of Dubai’s business hubs including the Dubai International Financial Centre and Dubai International Convention Centre. Opening to direct views of the iconic Burj Khalifa, Vida Dubai Mall is a …
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12 things to do in Dubai this weekend
Bombay Brasserie, Taj Dubai, Business Bay. Thali lunch available Saturday to Thursday, 12.30pm to 3pm. Dhs95. Tel: (04) 438 3100. More info on website. Toy building blocks might not make the most comfortable bed to sleep on but that wouldn’t stop fans …
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Man Finds Blood-Soaked Bandage In Hotel Meal
The banker was hosting a VIP business dinner when he found a bloodied bandage swimming … which prompted Al Nasser to lodge a civil compensation lawsuit before the Dubai Civil Court. “The hotel management and that of the restaurant failed to adhere …
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Dubai salon staff face penalties for providing home services without permit
… attract penalties from both the Dubai Municipality and the economic department {Dubai Economy} if they are caught violating this rule, a senior official told Gulf News on Wednesday. In notices posted at salons and women’s beauty centres, the …
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Aldar Properties Announces 5% Increase in Gross Profit for H1 2017
Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, today announced its financial results for the first half of 2017, recording a 5% increase in gross profit to AED 1.29 billion …
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UPDATE 1-UAE’s Aldar Properties Q2 net profit falls 5.6 pct on lower revenues
ABU DHABI, Aug 3 (Reuters) – Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported a 5.6 percent drop in second-quarter profit on Thursday amid a double-digit drop in revenue. The results come against a backdrop of a …
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BRIEF-Abu Dhabi’s Aldar Properties Q2 profit falls
* H1 NET PROFIT 1.26 BILLION DIRHAMS VERSUS 1.31 BILLION DIRHAMS YEAR AGO * 1.8 BILLION DIRHAMS DEVELOPMENT SALES VALUE IN FIRST SIX MONTHS WITH 600 MILLION DIRHAMS CONTRIBUTION FROM SUCCESSFUL LAUNCH OF BRIDGES Source:(bit.ly/2wnrRyL) Further …
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