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Month: November 2017

Posted on 17/11/2017

Emirates Institute for Banking and Financial Studies Convenes Annual HR Managers Forum

Jamal Al Jasmi, General Manager of the Emirates Institute for Banking and Financial Studies, welcomed 38 HR manager and representatives from various UAE-based banks to the forum, andsaid: “The purpose of the annual HR Forum is to highlight the challenges …
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Posted on 16/11/2017

DIB Wins UAE’s Strongest Islamic Retail Bank 2017 for Third Year in a Row

Dubai Islamic Bank, the UAE’s largest Islamic bank, took home the title of ‘Strongest Islamic Retail Bank’ in the UAE 2017 at the Islamic Retail Banking Awards (IRBA) for the third consecutive year. Hosted by Cambridge IF Analytica, the third Islamic …
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Posted on 16/11/2017

Family wins Dh170 million inheritance case in Abu Dhabi

The heirs of a man who had registered his company and other properties – worth Dh170 million – in the name of his sponsor and partner, have won the battle over the rights to their relative’s inheritance. The Abu Dhabi Cassation Court has cancelled earlier …
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Posted on 16/11/2017

Fire breaks out in Sharjah warehouse

Colonel Sami Khamis Al Naqbi, Director of Sharjah Civil Defence, told Gulf News that they received a call about the fire at 12:55 pm. Firefighters from Sharjah and Dubai arrived at the scene and controlled the blaze in 35 minutes. The warehouse is …
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Posted on 16/11/2017

Dubai’s Emaar Properties to raise $1.3bn in development unit IPO

Emaar Development, a unit of Dubai property firm Emaar Properties, priced its initial public offering below the mid-point of an indicative price range, valuing the deal at $1.31bn in Dubai’s first major IPO in three years. The assets of Emaar Development …
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Posted on 16/11/2017

Gemini Property Developers’ Sudhakar Rao Gets Real Estate Tycoon Award From DLD

… Gemini Property Developers Mr. Sudhakar Rao has been recognised and honoured with the prestigious Real Estate Tycoon Inspiring Developer Award by Dubai Land Department, at the Taj Mahal Hotel in Mumbai during the Dubai Property Show Mumbai 2017.
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Posted on 16/11/2017

Mumbai’s Dubai Property Show brings $490m worth of inquiries

RELATED ARTICLES: DLD issues 8,500 real estate permits in 12 months | DLD holds first Gulf real estate awards | DLD and Nasdaq Dubai sign real estate listings MoU Dubai Land Department’s Dubai Property Show in Mumbai has generated inquiries worth $490m …
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Posted on 16/11/2017

Is UAE property development getting out of hand?

It seems that the property market is buoyed by the fact that Expo 2020 is just around the corner; and Dubai has shown itself resilient and not perturbed by any geo-political or economic conflicts around it. Surely market intelligence has been the key …
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Posted on 16/11/2017

Dubai Investment : Mumbai’s Dubai Property Show brings $490m worth of inquiries

Dubai Land Department’s Dubai Property Show in Mumbai has generated inquiries worth $490m (AED1.8bn) in its third edition held earlier this month. The third edition of Dubai Property Show in Mumbai concluded in India this week recording visitor footfall of …
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Posted on 16/11/2017

Saudi airline expands Wi-Fi offering to 47 destinations

Saudi Arabian Airlines (Saudia) has made Wi-Fi available to passengers flying to 47 international destinations. On six of these routes – to Los Angeles, Washington, New York, London Heathrow, Manchester and Dubai – passengers in Economy can access …
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Posted on 16/11/2017

Colombian president chases more investment from UAE firms

Juan Manuel Santos, President of the Republic of Colombia, is chasing more investment from UAE businesses on tourism, agri-business and renewable energy. His comments came during a meeting at Dubai Chamber where Santos and a high-level delegation from …
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Posted on 16/11/2017

UAE, China oil giants agree to expand partnership

“Equally, we want partners who can deploy world-class engineering solutions for our mutual benefit, ultimately enabling us to drive a more profitable upstream business and strong returns to Abu Dhabi and the UAE.” In February, ADNOC signed another …
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Posted on 16/11/2017

Dubai Business Owners, Bounced Cheques Of Less Than 200k To Be Dealt With Fines

Also, offenses such as insult and defamation cases, and non-payment of rents would be now dealt with fines. Businessmen in Dubai have got further relief from the local government as the Dubai Public Prosecution service has moved to implement a legal …
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Posted on 16/11/2017

Safe motorists surprised to win Dh1,000 in Sharjah

Dubai’s Roads and Transport Authority and Sharjah Police had joined forces with Mobil 1, EMA Lubricants Company (ExxonMobil JV) and Ciel Marketing & Events in the campaign. The initiative was supported by Gulf News and Wheels. Authorities had observed …
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Posted on 16/11/2017

Flyers to Dubai feel pinch as bilateral agreement limits number of flights

Eastern Europe and Africa can be connected via Dubai to Mumbai and Chennai,” Sreedharan said. Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device.
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Posted on 16/11/2017

Emaar Development IPO to raise $1.3bn

Listing and trading on the Dubai Financial Market will begin on November 22 with … as the strong retail and institutional investor interest in our IPO places us closer to achieving our vision for the future,” said Emaar Properties Chairman Mohamed …
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Posted on 16/11/2017

Emaar Properties to raise $1.3 bln in development unit’s IPO

valuing the deal at $1.31 billion in Dubai’s first major IPO in three years. The assets of Emaar Development include 49 units in Dubai’s Burj Khalifa, the world’s tallest tower, and a number of projects in Dubai’s prime districts. Emaar Development priced …
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