Following Christie’s decision to hold its first Modern and contemporary Middle Eastern art sale in London this month after dropping its autumn series in Dubai, its rival Sotheby’s has announced that it will hold its first sale in the Gulf city.
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First chance to live on one of Dubai’s reclaimed palm-shaped island in the middle of the Persian Gulf
“Dubai is renowned for having the biggest … is riding a growing wave of luxury hoteliers venturing into the murky waters of global real estate. “People like to know what they’re going to get and, when they feel comfortable with the brand, they …
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The story behind Zameen.com’s Pakistan Property Show
We are currently running full speed towards the Pakistan Property Show in Dubai, and it is a show that will be hard to forget. Coming to the Dubai World Trade Centre (DWTC) next month to connect overseas Pakistanis thirsting for property back home directly …
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Intersec 2018 prepares for 20th anniversary edition in Dubai
Since then, the UAE-based company has established itself as one of the world … Time & Attendance solutions equipped with Facial Recognition, Wi-Fi, 3G and battery support, PoE Switches and much more. We are excited and look forward to a continued …
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Dubai to host International Astronautical Congress
Dubai: UAE has won the bid to host 71st International Astronautical Congress (IAC) in 2020 Dubai. UAE will be the first Arab and Islamic country to host the IAC. Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the …
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Did you know: Dubai rents 7 times cheaper than Hong Kong
Slowdown in Dubai office market According to the Dubai Real Estate report by Asteco, a property management real estate company, the emirate’s office sector continued to display little momentum, underpinned by a bearish market sentiment, low oil prices …
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Mumbai high-rise office costlier than Dubai
Mumbai’s rank is 16th on the world map, but international property consultant Knight Frank has said that the dream-city is getting costlier at a much faster rate in the real estate market — leaving behind London, Hong Kong and Tokyo.
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Privatisation in MENA set to drive IPO activity in 2018 – EY
Investor sentiment has improved and the global outlook is more positive, which should reflect on the IPO market in the MENA region.” Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and …
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Foreign workers in the UAE remit over $21bn in H1
The total value of remittances by foreign workers in the UAE reached AED78 billion ($21.2 billion) during the first half of 2017, according to central bank figures. The UAE Central Bank announced that remittances totalled AED40.8 billion during the second …
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Dubai Islamic Bank : DIB recognised as Best Performing Outlet by Dubai Service Excellence Scheme
Dubai Islamic Bank has been awarded Best Service Performing Outlet for the Dubai Mall branch for 2016, under the Banking Services business category at the Dubai Service Excellence Scheme (DSES). The ceremony took place at the Jumeirah Beach Hotel on 14 …
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Dubai Exports assists Brazilians in technology summit
Brazilian enterprises interested in joining an event on industrial technology in the emirate next November can rely on support from the government agency to find business connections and to schedule meetings. Isaura Daniel* isaura.daniel@anba.com.br São …
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Pardoned Indian prisoners speak, thank Sharjah Ruler
The pardoned prisoners expressed their happiness and gratitude after receiving the news. “We thank His Highness the Ruler of Sharjah for this kind gesture.” Mohammad Mustafa Shaukat, 68, a taxi driver, has spent 15 years in jail because he did not …
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Emaar lists assets it intends to take public
The majority of the assets included are mixed use projects under construction, including new hotels such as the Vida Dubai Mall and the Address Sky View. Emaar also plans to IPO empty plots that it owns in Dubai Harbour, Emirates Hills, and Arabian Ranches.
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Mena IPO records 16 deals in H1 2017
The greenfield IPO of Orient UNB Takaful PJSC (Orient UNB) in second quarter (Q2) of 2017 represents the first IPO on the Dubai Financial Market (DFM) since the IPO of Dubai Parks and Resorts in 2014. The GCC saw 13 IPOs raised in H1 2017, a 33 percent …
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Mena IPOs raise $788m in first six months
The greenfield IPO of Orient UNB Takaful PJSC (Orient UNB) in Q2 of 2017 represents the first IPO on the Dubai Financial Market (DFM) since the IPO of Dubai Parks and Resorts in 2014. According to EY, the GCC saw 13 IPOs raised in the first half …
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16 MENA IPOs Recorded in H1 2017: EY
H1 2017 saw US$ 788 million in capital raised IPO of ADES International Holding Ltd. largest in MENA at US$ 243.5 million Dubai, UAE – 26 September 2017: In the first half of 2017, MENA IPO activity witnessed 16 deals, representing a 100% increase when …
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Sluggish mood remains on Dubai index, as traders seek catalysts
with some of the positive catalyst like Emaar IPO, good quarter for blue chip companies,” said Tariq Qaqish, Managing Director — Asset Management at Menacorp. The Dubai Financial Market General Index closed 0.06 per cent higher at 3,563.99. The Dubai …
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