This will contribute to establishing a sound economic environment that gains the trust of investors and financial institutions, and leads the UAE to become the preferred place to do business,” said Al Khoori. In 1980, the Organisation for Economic …
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Commercial Bank of Dubai appoints Emirati as a head of sales and distribution
Commercial Bank of Dubai, one of the leading financial institutions in UAE, announced the appointment of Khaled Rasheed Al Hammadi as its new Head of Sales and Distribution. The appointment is in line with the Bank’s Emiratization strategy. Al Hamadi …
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New exec hired to control spending at Dubai’s Careem
Dubai-based ride-hailing app Careem on Monday announced the appointment of a new senior executive to oversee the company’s long-term strategic and financial planning. Ashish Jain has been hired as VP of Strategic Finance and will bring significant …
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United Arab Emirates shares mixed at close of trade; DFM General down 0.44%
Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Insurance, Real Estate & Construction and Services sectors propelled shares higher while losses in the Finance & Investment, Banking and Telecoms sectors …
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Dubai Financial Market : DFM signs MoU with Dubai Economy to boost service excellence
Dubai: Dubai Financial Market (DFM) said on Tuesday it has signed a Memorandum of Understanding (MoU) with Dubai Economy to launch a first-of-its-kind Brokers Excellence Rating initiative as part of its constant efforts to promote service excellence.
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Abu Dhabi Publishing Forum Discusses Writers’ Role In Supporting Publishing Landscape
The inaugural session of the Abu Dhabi Publishing Forum discussed the experience of writers and the role that they play in supporting the industry by establishing publishing companies that produce various types of literary works and publications by …
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UAE traffic: Accidents in Abu Dhabi, delays across Dubai and Sharjah
Heavy traffic has been reported on the UAE’s roads on Wednesday morning, with several accidents causing congestion in Abu Dhabi. In the capital, the Abu Dhabi Department of Municipal Affairs and Transport took to Twitter to report an accident on E30 …
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Over 100 Million Passengers Use Taxis in Abu Dhabi In 2017
Up to 111 million passengers used taxi services in the emirate of Abu Dhabi in 2017, according to statistics released the Integrated Transport Center (ITC) at the Department of Transport (DoT) in Abu Dhabi. Figures showed that taxis carried 25 million …
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Rogue financial adviser convicted by Dubai court in landmark case
A personal finance consultant has been convicted of running his business without a licence, amid claims that he invested his clients’ money in high-risk start up companies without their knowledge. Neil Grant was convicted by Dubai Criminal Court of …
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New laws will crack down on fraudulent financial advisers
The conviction of personal finance consultant Neil Grant yesterday in Dubai showed how easy it is to fall prey to unscrupulous investment advisers. Grant was convicted of running an unlicensed business, amid claims he funnelled his clients’ money into …
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Data protection more important than ever before, UAE finance ministry says
Dubai: To mark Data Privacy Day, the Ministry of Finance (MoF) has emphasised the importance of protecting personal data for financial transactions, in light of the digital revolution and the increasing global trends to protect individuals from the misuse …
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First Abu Dhabi Bank : Posts AED10.92b Net Profit In 2017
First Abu Dhabi Bank, FAB, the UAE’s largest bank and one of the world’s leading and safest financial institutions, reported its financial results for the full year ended 31 December 2017. FAB delivered a resilient performance in a transitional year …
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Dubai-based Bitcoin exchange to accept new verifications as Ripple is added
Dubai-based cryptocurrency exchange BitOasis is accepting new … Any new users wishing to purchase Bitcoin and Ethereum from the site must enter bank details, ID and proof of address before transactions more than that amount are enabled, a process that …
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Abu Dhabi Police adjusts speed limit on Sheikh Khalifa bin Zayed Road
The Abu Dhabi Police General Command has announced that it has adjusted the speed limit for light vehicles on Sheikh Khalifa bin Zayed Road between Al Mafraq Bridge and Al Ghuwaifat to 160 kilometres per hour, km/h, and the radar speed to 161 km/h …
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UAE responds to Qatar missing from the Louvre’s map
… materials were recently replaced in Abu Dhabi Louvre due to a discrepancy in a world map located at the children part of museum, its management said in a statement. In the statement carried by the news agency WAM, the Louvre Abu Dhabi explained that …
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Dh500-million Rochester campus to open in Dubai
Dubai: Dubai Silicon Oasis has launched a new Dh500-million campus of Rochester Institute of Technology (RIT Dubai) at the free zone technology park, it has been announced. The new premises, which will span a total area of 129,000 square metres with the …
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UAE jet enables separatists to seize army base in Aden
A senior Yemeni official has told Al Jazeera that southern separatists, backed by the United Arab Emirates (UAE), seized control of a key military base in the coastal city of Aden, after a UAE fighter jet bombed the facility. The official told Al Jazeera …
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