DUBAI, Oct 11 (Reuters) – Dubai Islamic Bank (DIB), the United Arab Emirates’ largest sharia-compliant lender, posted a 26 percent increase in third-quarter net profit on Wednesday as higher income from Islamic financing and investing offset a rise in …
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Dubai Islamic Bank 9-month profit hits $898.7m
Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, reported a group net profit of Dh3.301 billion ($898.7 million) for the nine-month period ending September 30, up 10 per cent compared …
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Dubai Islamic Bank posts 26% rise in third quarter profit to Dh1.1 billion
Dubai Islamic Bank (DIB), the emirate’s largest Sharia’a-compliant lender, said third quarter net income rose about 26 per cent thanks to strong growth in financing assets and customer deposits, even as impairments more than doubled. Net profit …
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Qatar blockade could end if it gives up World Cup, says UAE official
Dubai security Lt. Gen. Dhahi Khalfan … peninsular nation that’s pushed itself onto the world stage with its bid and its Al-Jazeera satellite news network. Qatari officials did not respond to requests for comment on Monday. However, the 2022 …
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Dubai developer plans first project in Abu Dhabi
… has revealed plans to build its first project in Abu Dhabi. The project was announced during a meeting with Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, state news agency WAM reported. Union Properties chairman Naser …
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Emirates willing to cooperate with rival UAE airline Etihad
Based in the United Arab Emirates, Emirates and Etihad have been competing fiercely to build global networks around their respective hubs in Dubai and Abu Dhabi rather than working together, even as they battled overcapacity, security concerns and a fall …
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UAE official says Qatar giving up World Cup could end crisis
While Dubai security Lt. Gen. Dhahi Khalfan is often outspoken on … that’s pushed itself onto the world stage with its bid and its Al-Jazeera satellite news network. Qatari officials did not respond to requests for comment on Monday.
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UAE energy ministry supports Big 5 Solar
The UAE Ministry of Energy has become the official patron of The Big 5 Solar, a major event scheduled to be held in Dubai for the solar sector, as part of its persistent effort to support the country’s 2050 Energy Strategy. Taking place from November 26 to …
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Nokia introduces new, carrier-grade in-home Wi-Fi solution
UAE. Nokia today introduced its carrier-grade, in-home Nokia Wi-Fi, which will bring an unmatched gigabit connectivity experience to every corner of the home. The Nokia Wi-Fi portfolio consists of a new line of Wi-Fi gateways and extenders, and ensures …
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Man masturbated next to child in van outside mother-in-law’s house while using her WiFi for porn
A man was caught masturbating next to a sleeping child in a van parked outside his mother-in-law’s house so he could use her WiFi to access porn on a mobile … Brit facing jail after touching man’s hip in Dubai bar does not know when ‘horrible dream …
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Airbnb booming as Dubai hotel rates continue to fall
Revenues for Dubai properties listed on online platform Airbnb have increased more than four times over the last two years, according to an analysis by Chestertons, as regular hotels have seen rates decline. The firm said Airbnb revenues increased 421 per …
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Dubai cop pushes stalled car on busy road, gets promoted
A traffic policeman in Dubai has been promoted after a video of him pushing a broken down car went viral. Officer Waleed Mallullah Abdullah from the Department of Traffic helped a man to push his car, which broke down in the middle of the road, to safety.
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Al Ghurair Properties to build $1.3bn of Dubai housing
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Dubai Culture Showcases Its Smart Services During Gitex Technology Week 2017
As part of its commitment to the Smart City initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Dubai Culture & Arts Authority (Dubai Culture) – the Emirate’s …
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GE to Host ‘Transforming Power’ Event in Dubai
Joseph Anis, President & CEO of GE’s Power Services business in the Middle East and Africa … Senior Director – Strategy & Planning, Dubai Supreme Council of Energy and Secretary General of the Emirates Energy Award; H.E. Eng. Khalid Al Tuaimi, EVP …
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Developer picks builder for $108m Dubai golfing community
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Mumbai: Boy sent to Sharjah on vacation trapped without passport
Santacruz resident Raju Baria thought he was being rewarded by his employers for years of hard work and loyalty, when they gifted him a short holiday to Sharjah. However, it was an alleged trap, as he’s been told that he can’t return home until the visa …
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