This year, Dubai is regarded as the most sought-after destination for business travellers, or for meetings, incentives, conferencing and exhibitions (MICE) due to its modern infrastructure and premium lodging landscape. “Regional offices in free zones …
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Dubai’s DP World, Egypt’s Suez Canal Authority to develop economic zone
Dubai-based ports operator DP World has signed an agreement … It is anticipated to create more than 400,000 jobs. The business sectors will include light and medium-sized industries, logistics, and service utilities. Targeted industries include medical …
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Sharjah boy, 14, turns inspirational author
Sharjah: A 14-year-old Sharjah boy will be making his debut as a published author at the Sharjah International Book Fair on Saturday with the launch of his first book. Aryan Muralidharan, who is from India and lives in Sharjah with his parents, has pledged …
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Swiss Property to hand over inaugural Dubai project in Q1 2018
RELATED ARTICLES: Dubai’s La Reserve Residences bags award at Cityscape Global | La Reserve Residences slated for Dubai Healthcare City Phase 2 | Video: JLL expects stability for Dubai real estate Dubai-headquartered real estate developer, Swiss Property …
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Blockchain, robotics, AI, wireless tech to reshape digital business in 2018
DUBAI – Blockchain, together with artificial intelligence … Another exciting trend to look forward to is the boom in new wireless technologies that will enable IoT and bring us a step closer to the dream of pervasive connectivity.
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Jailed Hedge Fund Head Is Star Witness in Amanat Fraud Trial
Disgraced hedge fund founder Steven Maiden will testify Tuesday … Their goal was to prop up the fund run by Amanat’s brother, Enable Invest Ltd. It didn’t work out. The Dubai-based fund collapsed, as did Maiden Capital. KIT Digital filed for …
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DEWA secures $650m for green projects
Dubai’s Electricity and Water Authority (DEWA … and that they were already in talks with a state-owned Chinese bank.” Lars Kroijer, a veteran hedge fund investor and CEO of AlliedCrowds said: “It sends a hugely positive message to institutional …
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Dubai Green Fund raised $650 million for investment in sustainability projects
The Dubai Green Fund constitutes the investment arm of DEWA and … that they were already in talks with a state-owned Chinese bank. Lars Kroijer, a veteran hedge fund investor and CEO of AlliedCrowds applauded the initiative by saying that it is a …
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DOJ Official Aided Ponzi Schemer in FBI’s Probe, Lawyer Says
Maiden’s decision to invest $1 million in KIT, a troubled video-software company, and another $2 million in Enable Invest Ltd., a fund run by Amanat’s brother in Dubai, would ultimately lead to the collapse of Maiden’s hedge fund, Maiden Capital LLC …
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Dubai gold price inches down, Dh144.50 for 22k
Dubai gold prices in Dubai are Dh153.75 for 24-karat and … fell 0.03 per cent to 845.75 tonnes on Friday. Hedge funds and money managers reduced their net long position in COMEX gold contracts for the seventh straight …
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All the Reasons Cryptocurrencies Will Never Replace Gold as Your Financial Hedge
As Russia, India, and Estonia are considering their own digital money, Dubai has already taken it one step further … One of the world’s most successful hedge fund managers, Ray Dalio of Bridgewater Associates, certainly seems to think so.
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Tech entrepreneur’s trial is biggest battle of a glossy career
Federal prosecutors claim Amanat conspired to manipulate KIT Digital’s shares while defrauding investors in a hedge fund, Maiden Capital. The goal, to prop up Enable Invest, didn’t work out. The Dubai-based fund collapsed, as did Maiden Capital.
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Price of Dubai gold drops, will the fall continue?
Dubai gold prices in Dubai are Dh154 for 24-karat and 22 … two policymakers said on Friday. Hedge funds and money managers cut their net long positions in COMEX gold contracts for the sixth straight week, in the week to Oct 24 …
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National Bonds challenges UAE’s ‘financial advice dilemma’ with new investment app
Dubai-based investment company National Bonds is moving into the financial advisory space with a new digital app offering low-cost investment options, its chief executive has revealed. The company plans to challenge poor advice, offered by UAE financial …
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UAE Ministry of Finance Announces Executive Regulation for Federal Decree-Law No. 8 of 2017 on Value Added Tax
The UAE Ministry of Finance has announced the Executive Regulation for the Federal Decree-Law No. (8) of 2017 on Value Added Tax at a Cabinet meeting on 7 November 2017, headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime …
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Dubai bank Emirates NBD begins operations in India
Dubai’s biggest bank Emirates NBD has started operations in India with the opening of its first branch in the city of Mumbai. The Mumbai branch, located in Maker Maxity, Bandra Kurla Complex, marks the bank’s fifth international branch outside of its …
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Dubai’s biggest bank launches operations in India
Emirates NBD, Dubai’s biggest bank, on Tuesday said it has started operations in India with the inauguration of its first branch in the country’s commercial centre, Mumbai. The Mumbai branch marks the bank’s fifth international branch outside of its …
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