Proceeds of the IPO, and possibly other funds, are expected to be paid to Emaar Properties shareholders as a special dividend by the end of January. Fund managers and analysts said the price range appeared reasonable given Dubai’s sluggish real estate …
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Hackers move beyond banking to target cryptocurrency: study
Illustrating the fact that the traditional financial industry is also not safe, in the past few weeks, Group-IB has found that 228 bank accounts and nearly 2,000 credit cards have been compromised in the UAE alone, and an additional 5,738 account details …
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UAE Central Bank Governor Warns Against Use of Cryptocurrencies as a Medium of Payment
United Arab Emirates (UAE) Central Bank Governor Mubarak Rashid al-Mansouri has issued a warning to the public against the use of virtual currencies as a medium of exchange due to the lack of control. United Arab Emirates (UAE) Central Bank Governor …
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Creating the dubai tourism experience
Ahmad AlFalasi, CEO corporate services and investment, Department of Tourism & Commerce Marketing, said that the tourism sector has been an early adopter of technology in many different areas, and that Dubai Tourism aims to support the changing demands of …
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New law allows Dubai’s non-Muslims to write wills
Non-Muslims living in Dubai will be able to create a will under new laws issued by Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, UAE Vice President and Prime Minister. The law, which is applicable to the wills and assets of non-Muslims based in …
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UAE businessmen urged to invest in Seychelles
The number of tourists who are coming to the Seychelles from the UAE [both Emiratis and expats] are increasing,” Faure said during an interview at the Global Business Forum Africa 2017. The two-day forum is witnessing the participation of presidents …
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Sharjah International Book Fair opens: As it happened
Shaikh Sultan signs his four new books announced at SIBF. He will discuss details in an interview with Sharjah TV on Thursday. The books include poetic discussions with one of his friends; volume two of a historical account of Sharjah launched last SIBF …
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Dad goes ‘missing’ in Dubai, son calls police from US — what happens next
Dubai: An Asian man living in United States had called Dubai police when his elderly father went “missing” in Dubai, according to senior official. But the son’s worry turned into relief when the police located the incommunicado father. Brigadier Ahmed Bin …
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Dubai’s human resources management law amended
Dubai: New amendments to Law No. 6 of 2012 on human resources management and policies pertaining to police, Civil Defence and immigration officers in the emirate have been issued. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime …
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Fleetwood leaving nothing to chance in Race to Dubai finale
Fleetwood holds a big lead in the Race to Dubai standings heading into the Turkish Airlines Open starting Thursday. He played the WGC-HSBC Champions in China last week and will also compete in the final two events of the European Tour season, in South …
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Indians invested over Rs 36,000 cr in Dubai property in the one year till June 2017
Indians bought property worth Rs 36,040 crore in Dubai from January 2016 to June 2017, making them yet again the top foreign property investors in the Emirates, according to Dubai Land Department. “Indian investors made 10,628 transactions worth more than …
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MAG Property Development to Participate in the Dubai Property Show Mumbai 2017
MAG Property Development (MAG PD), the real estate development arm of the MAG Group, has announced that it will be participating in the Dubai Property Show Mumbai 2017, which will take place from 3 rd to 5 th November this year. Dubai Property Show, gives …
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Dubai schools sign up for rooftop solar project
One-hundred solar-powered private schools and universities in Dubai by 2020. That is the target the Dubai Solar Schools project has set for itself. The project was created by the ArchItaly Green Energy company and launched in partnership with the Green …
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UAE named as Middle East’s best place to do business
The UAE has been named as the Middle East’s top country for doing business in the latest ranking published by the World Bank. The study said that the UAE undertook four reforms in the past 12 months to cut red tape for businesses, including strengthening …
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UAE, Represented by DEWA, Ranks First in the World in Getting Electricity as per World Bank’s Report
DUBAI, United Arab Emirates–(BUSINESS WIRE)–The UAE, represented by Dubai Electricity and Water Authority (DEWA), ranked first in the world in getting electricity, as per the World Bank’s Doing Business 2018 report. The report uses multiple criteria to …
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Dubai hosts summit, positions self as Africa investment hub
Experts at the opening of “Next Generation Africa”, Dubai’s fourth Global Business Forum on Africa, said the continent’s 54 countries — home to a fifth of the world’s population — require tens of billions of dollars in investment in infrastructure …
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Global Business Forum on Africa 2017 off to a Strong Start With High-Level Participation
Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the first day of the 4 th Global Business Forum on Africa got off to a strong start as heads of state and …
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