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Month: October 2017

Posted on 19/10/2017

Mashreqbank psc : Mashreq Bank, Microsoft extend partnership to drive digital transformation

Microsoft has announced it will expand its partnership with Dubai-based Mashreq Bank to drive a bold digital transformation programme within the bank’s branches and digital services. Through the programme, which builds on Mashreq’s current digital …
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Posted on 19/10/2017

Mashreq Bank seeks to transform sales with Dynamics 365

This innovation will allow Mashreq to solidify its place as a market leader.” Now celebrating its 50th anniversary, Mashreq Bank is one of the UAE’s leading financial institutions. Its retail business spans the GCC region, including markets such as Egypt …
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Posted on 19/10/2017

Dubai’s GEMS Education hires four banks for $1.2 bln loan -sources

DUBAI, Oct 19 (Reuters) – GEMS Education … sources told Reuters earlier this month. HSBC, Emirates NBD, Mashreq Bank and Noor Bank are the underwriters of the seven-year loan, said the sources. The facility could be syndicated to a wider group of …
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Posted on 19/10/2017

MIDEAST STOCKS-Banks boost Saudi on Riyad earnings, Dubai’s DSI jumps

DUBAI, Oct 19 (Reuters) – Banks led the Saudi Arabian stock market higher on Thursday after Riyad Bank reported better-than-expected earnings for the third quarter, while builder Drake & Scull jumped in Dubai. Riyad Bank gained 6.2 percent after reporting …
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Posted on 19/10/2017

BRIEF-Commercial Bank of Dubai 9-month profit falls

* NINE-MONTH TOTAL REVENUE 1.99 BILLION DIRHAMS VERSUS 1.80 BILLION DIRHAMS YEAR AGO * AS OF END SEPT LOANS AND ADVANCES STAND AT 47.5 BILLION DIRHAMS, UP 14.9 PERCENT YEAR-ON-YEAR * AS OF END-SEPT 2017, CUSTOMER DEPOSITS STAND AT 47.5 BILLION DIRHAMS, UP …
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Posted on 19/10/2017

WorldSkills Abu Dhabi: Team UK claims seven medals

Get Tes magazine online and delivered to your door. Stay up to date with the latest research, teacher innovation and insight, plus classroom tips and techniques with a Tes magazine subscription. With a Tes magazine subscription you get exclusive access to …
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Posted on 19/10/2017

Go slow and steady during Dubai Fitness Challenge from Friday

Dubai: Almost the entire city is pumped up for the first day … for those who have never tried a simple exercise or those who just don’t bother? Gulf News spoke with personal trainers on their top tips in making this challenge doable for this segment …
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Posted on 19/10/2017

Can’t know which solar panels to buy? Safaqat is the answer

Dubai: Don’t know which solar panels to choose for your villa? The Safaqat initiative is the answer, officials said. Residents who are considering installing photovoltaic (PV) panels on their rooftops as part of the Shams Dubai initiative now have an …
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Posted on 19/10/2017

More Indians keen on investing in Dubai

More resident Indians are now keen on investing in properties in Dubai with close to 88 per cent of consumers, primarily from Mumbai, Pune and Ahmedabad, looking to invest ₹3.24-6.5 crore in the Gulf city. A study conducted by Dubai Property Show said …
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Posted on 19/10/2017

Dubai Chamber organises workshop on customs law in UAE

The event was attended by Dubai Chamber members, lawyers and legal professionals, business owners and executives, as well as representatives from shipping agencies and brokers, clearing and forwarding agencies, and logistics companies. Speaking on the …
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Posted on 19/10/2017

UAE Embassy In Washington, DC Joins The American Cancer Society To Celebrate The Launch Of The Cancer Atlas In Arabic

UAE to host first-ever “Relay For Life” in the Gulf in November to raise funds for cancer research WASHINGTON, Oct. 19, 2017 /PRNewswire/ — Today, the United Arab Emirates (UAE) Embassy in Washington, DC, in partnership with the American Cancer Society …
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Posted on 19/10/2017

Abu Dhabi office rents continue fall, but outlook may be better next year

DUBAI: Average office rents in Abu Dhabi continue to fall but recent macroeconomic data could translate into a more optimistic outlook for the sector next year, property consultancy Frank Knight said. In the year to third quarter, average grade A rents …
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Posted on 19/10/2017

Abu Dhabi’s Adnoc to Plan IPO of Gas Stations This Year

Abu Dhabi National Oil Co. plans to sell shares in its gas stations unit this year and list them on Abu Dhabi’s stock exchange, according to a person with knowledge of the matter. Goldman Sachs Group Inc., Morgan Stanley and EFG-Hermes are helping to …
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Posted on 19/10/2017

Rixos Hotels Debut in JBR With Urban Lifestyle Destination Rixos Premium Dubai

Dubai, a city where Arabic tradition meets urban lifestyle, has risen to become one of the most prominent holiday and business hub of the world. Rixos Premium Dubai hotel located at the heart of Dubai’s popular urban destination is redefining the core of …
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Posted on 19/10/2017

Cameron condemns populism in Dubai speech

Populist anti-European movement Cameron told delegates at the Dubai conference that “responsible capitalism” has a significant role to play in the course-correction. “We need business, big business, to step up to do far more, to deliver a fair …
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Posted on 19/10/2017

Dubai’s Majid Al Futtaim to hire 200 people

Dubai’s Majid Al Futtaim, the Middle East operator of French … CEO Alain Bejjani said in a telephone interview. The business has started hiring people who have worked for Yahoo, Facebook Inc and Google (part of Alphabet Inc) to staff the effort …
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Posted on 19/10/2017

Dubai Airports reveals technology plans as it aims to optimise efficiency across DXB

As passenger throughput continues to rise at Dubai International, technology is playing a vital role in enabling Dubai Airports to get the most out of existing facilities and improve the overall passenger experience. With global air traffic increasing year …
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