Dubai: He is known as a Dubai engineer who built the future for a Pakistani village. Saeed Hayat, 69, who has many feathers in his cap as a Dubai Municipality engineer and as a philanthropist back home in Pakistan, is leaving the UAE for good after 42 …
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UAE, Tunisia continue flights, end row over women
In a UAE Foreign Ministry statement that was shared by WAM news agency, it was announced that “the competent authorities in the UAE have decided that the standard processes will be reinstated to their normal state before the unforeseen circumstances.”
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Dubai real estate financier completes first project
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AI has a minister in the UAE, but does it have a future in it?
According to Futurism, a tech platform, the UAE’s AI strategy covers development and application in nine sectors: Transport, health, space, renewable energy, water, technology, education, environment, and traffic. Digital learning, a magazine for ICT …
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UAE Consulate warns Emiratis of US ‘weather bomb’
Dubai: The UAE Consulate in Boston has issued a warning to residents living or travelling to the US, urging them to follow safety precautions as freezing sub-temperatures are set to hit the East Coast. In the event of an emergency, citizens can contact …
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Saudi builder says unit IPO set to conclude by end-2018
The Saudi Arabian developer’s plan to offer shares comes on the heels of the United Arab Emirates’ biggest IPO last year, when Dubai-based Emaar Properties raised about $1.3 billion from the sale of a stake in its UAE real-estate unit. Dar Al Arkan …
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UAE students challenged to sow seeds of new technology
A government programme partnered with Chinese technology company Huawei is offering hand-picked UAE students the chance to play an important role in developing future innovations. Students across the country can enter the Seeds for the Future competition …
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UAE’s auto dealers find ways to ease the VAT burden
DUBAI: Ease the VAT (value-added tax … So the challenge for dealerships, especially those in the volume business, is to remove the VAT concern. Which is why Al-Futtaim Motors in its first 2018 campaign states emphatically that “our prices are locked …
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UAE jewellers absorb VAT on diamond jewellery
Dubai: Putting off your diamond jewellery purchase because of value-added tax (VAT)? Don’t, as more of UAE’s jewellers are willing to absorb the VAT component on diamonds. Jewellery retailers are doing everything in their power to ensure that the …
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UAE, Saudi Arabia’s non-oil economies end 2017 on a high note
The non-oil private sectors of Saudi Arabia and the UAE, the Arab world’s largest economies, ended 2017 on a high note with business conditions improving at the sharpest pace in 34 months in the UAE, according to the latest Purchasing Managers’ Index …
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Dubai Airport saw 5.6% growth in passenger traffic in Nov
Dubai International (DXB) attracted close to seven million passengers in November 2017 compared to 6.6 million a year ago, registering an increase of 5.6 per cent. According to the monthly traffic report issued by operator Dubai Airports, passenger numbers …
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Dubai Police launch new identity
Dubai: Security, communication and innovation are the three defining facets of Dubai Police’s new identity which was unveiled on Thursday as part the force’s strategic plan and the Dubai government’s Vision 2021. Major-General Abdullah Khalifa Al …
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Marseilia Group and Amlak Finance Sign a Memorandum of Understanding to Develop an Urban Project in Nasr City, Cairo
Marseilia Group today announced the signing of a Memorandum of Understanding (MoU) with the UAE-based Amlak Finance PJSC to develop an urban project in Nasr City District, Cairo. The MoU is under the sponsorship of National bank of Egypt (Dubai Internation …
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UAE bans import of live birds from Netherlands
Dubai: The UAE has banned the import of live birds from the Netherlands following an outbreak of the highly contagious H5N8 bird flu strain, the Ministry of Climate Change and Environment said on Thursday. The World Organisation for Animal Health (OIE …
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Dubai to build new record-breaking skyscraper
Dubai is already home to the world’s tallest tower – the Burj Khalifa – yet now it’s building one which is even taller. Around it, the developers are planning a skyscraper city big enough to house 400,000 people. But with Dubai property prices falling will …
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Revealed: Where Abu Dhabi property rents, prices fell the most in 2017
The Abu Dhabi property market has seen substantial declines in property rents and sales prices over the last year. In an end of year report, property site Bayut.com compiled a list of popular areas that had seen the most substantial decreases year-on-year …
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UAE salaries: VAT set to eat into pay rises, new report says
“Employers in Saudi and UAE are bracing for a challenging time as they battle with managing business costs and meeting the expectations of disgruntled employees,” the HR consultancy said. Businesses and employees are preparing for additional complexities …
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