Etihad Energy Services Company (Etihad Esco), a company owned by Dubai Electricity and Water Authority (Dewa), has installed 144 photovoltaic (PV) solar panels over the roof of Dewa’s Customer Happiness Centre in Hatta. The move, which comes as part of …
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16 vital services a call away in Abu Dhabi
Abu Dhabi: Abu Dhabi residents can get 16 vital services at their doorsteps thanks to a new government initiative to offer fast and efficient services. Mobile teams will now offer services including repair and replacement of car tyres, cleaning and …
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Abu Dhabi boy murder case: parents demand death penalty
Abu Dhabi: The second hearing in the case of the sexual abuse and murder of an 11-year-old boy saw the defence putting in a plea for a mental and psychological evaluation of the accused while insisting that a normal person could not have committed such a …
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Trump’s Dubai business associates to build Versace-branded tower block in London
Luxury real estate developer DAMAC International is building a Versace-branded 50-storey skyscraper in London. DAMAC International has developed the Trump International Gulf Club Dubai and Trump-branded luxury villas. The prime central London property …
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Expats living in Sharjah freehold property to pay more for power
On Tuesday, officials from Sharjah Electricity and Water Authority (Sewa) provided to Gulf News details about the “freehold tariff” system. There had been queries from affected residents recently who said they were unaware of the system. The standard …
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Abu Dhabi boy murder case: suspect ‘psychologically unfit’
ABU DHABI: There was a twist in the rape and murder case of the 11-year-old boy in Abu Dhabi, when the defense lawyer told the court that the accused cannot commit such a heinous crime and that the suspect would have been psychologically unfit at the time …
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Abu Dhabi warns against behaviour that offends UAE culture, society
The Abu Dhabi Police have issued fresh warning to those indulging in ‘reckless’ behaviour and actions which are offensive to the culture and tradition of UAE society. The warning comes in the wake of a 6-minute-video showing a young woman and a man …
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Property firm owned by Irishman manages $100m in Dubai assets
A Dubai-based property management firm led by Irish businessman Paul Mallee has achieved a milestone of $100 million (€85 million) worth of assets under management and hopes to manage 500 properties by 2020. Maison Prive, founded by Mr Mallee and his …
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Mawarid to raise Dh1b through IPO
“Currently we are looking at the possibility of listing in Dubai and cross-listing at some other international bourse. The IPO will be somewhere between half a billion to one billion dirhams. Our application is with the authorities and the decision when to …
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Lebanon foiled suicide bomb attack on Australia-Abu Dhabi flight: minister
LEBANON’S police intelligence helped to foil a plot to blow up an Emirati passenger plane bound for the United Arab Emirates from Australia last month, the country’s interior minister said. Nouhad Machnouk said on Monday that four Lebanese-Australian …
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Dubai Business Events gathers momentum
DUBAI — Dubai Business Events (DBE), the city’s official convention bureau, has reported strong results for the first half of 2017, with 97 bids submitted to host business events being successfully awarded to the city. The events secured since January …
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Man seriously injured in scrap warehouse fire in Sharjah
“It was brought under control and the cooling operations at the site are over,” he said. Another official from Sharjah Civil Defence confirmed to Gulf News that the fire was put out by 1:06pm. He said the man who was injured the fire, “was an Indian …
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Abu Dhabi districts see property price dips of up to 16% – report
The price of property in Abu Dhabi has fallen by between 4 and 16% depending on area in the first two quarters of this year, according to a report by Core Savills. Sales prices per square foot fell by 4% in Al Raha Gardens, 9% at Al Reef Villas, and 16% at …
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Bank financing for UAE property increases 6.2% in H1 2017
DUBAI: Bank financing provided to the property and construction sector in the UAE increased by $4.4bn (AED16.5bn) during H1 2017, about 6.2% from the end of 2016. The total bank credit channelled to the sector by the end of June reached $77bn (AED281.2bn …
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Bank financing to UAE property sector tops USD76bn in H1
(MENAFN) Bank financing offered to the property and construction sectors in the #UAE reached USD76.5bn amid the first half of the year, growing by Dh16.5bn. Accordingly, funding offered to the sectors covered 19.3 percent of the whole credit channeled to …
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Brevan Howard feeder-fund chair laments poor performance
He also revealed BH Macro would cancel its listings on both the Bermuda and Dubai stock exchanges in September and … Brevan Howard, the hedge fund firm co-founded by Howard and a group of former Credit Suisse traders in 2002, has suffered from …
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Man arrested in Dubai after smuggling 5.7M pills in sheep intestines
DUBAI, United Arab Emirates – A state-owned newspaper in Dubai is reporting a man has found himself in a legal mess after allegedly trying to smuggling 5.7 million amphetamine pills into the sheikhdom hidden inside sheep intestines. Al-Bayan newspaper …
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