Dubai residential property prices and rents are expected to continue their decline this year amid a surge in demand for off-plan units, according to Chestertons MENA. The company said there was a 60 per cent increase in off-plan real estate transactions …
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Top US university unveils $136m Dubai campus plan
… the regulatory body for Dubai Silicon Oasis (DSO), on Monday announced the launch of the new Dubai campus of Rochester Institute of Technology (RIT Dubai). To meet the increasing number of applications received annually, the new premises will span a …
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New RIT Dubai Campus launched
the regulatory body for Dubai Silicon Oasis, DSO, the integrated free zone technology park, today announced the launch of the new Dubai campus of Rochester Institute of Technology, RIT Dubai. The new premises will span a total area of 129,000 square metres …
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New UAE Manufacturing Report Covers Developments and Industry Impact of 3D Printing and Other Advanced Technologies
In 2016, 16,000 jobs opened up in the UAE, and technology skills such as robotics and 3D printing topped the list of in-demand skills for those positions. The UAE previously announced its plans to continue preparing for the Fourth Industrial Revolution …
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Abu Dhabi Airports participates in Tawdheef Recruitment Show 2018
Abu Dhabi, United Arab Emirates, 2018-Jan-30 — /Travel PR News/ — Abu Dhabi Airports has announced its participation in Tawdheef Recruitment Show 2018, the leading Emiratisation and career development event for UAE Nationals, that will take place at …
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Louvre Abu Dhabi completes review into Qatar map ‘inaccuracy’
Louvre Abu Dhabi said on Monday it has completed a review following the removal of a map in the Children’s Museum, which had a number of inaccuracies. According to state news agency WAM, the review revealed a failure in the commissioning of a simplified …
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Red Bull Air Race lands in Abu Dhabi for 2018 season opener
Abu Dhabi (UAE) – With glittering skyscrapers reflecting the … Murphy brings two years’ experience in the feeder Challenger Class. Challenger Class news: Italy’s Dario Costa and South Africa’s Patrick Davidson join the lineup in 2018, each …
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Welcome to Ferrari World Abu Dhabi
Ferrari World is located on Abu Dhabi’s Yas Island in the United Arab Emirates. The indoor amusement park opened in November 2010. Its centerpiece is Formula Rossa which park claims is the fastest roller coaster in the world. I love Disney World.
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Australians in UAE to mark national day on Wednesday
About 25,000-strong Australians in the UAE constitute the ninth largest overseas Australian community in the world, a top Australian diplomat told Gulf News in an interview. “I am very proud about this!” said Arthur Spyrou, the Australian Ambassador to …
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Avoid this anti-terror clearance scam in UAE
Dubai: A Dubai-based authority has warned the public to be on the lookout for an anti-terrorism clearance scam that is believed to trick people into paying for something that doesn’t exist. The Dubai Financial Services Authority (DFSA) said on Tuesday …
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UAE’s largest bank reports fall in profit after merger costs
First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, on Monday reported a 3.5 percent profit fall in 2017, citing costs linked to its recent merger. FAB, the combination of National Bank of Abu Dhabi and First Gulf Bank, said its full …
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Dubai’s Emirates NBD in talks to buy stake in Turkish lender
Emirates NBD, Dubai’s largest bank, said on Tuesday it had started initial strategic discussions with Russia’s Sberbank about a possible purchase of Sberbank’s stake in Turkey’s Denizbank. Emirates NBD has previously acquired BNP Paribas’ Eygptian banking …
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Dubai’s Emirates NBD in talks to buy Turkey’s Denizbank
Emirates NBD, Dubai’s largest bank, said on Tuesday it had started initial strategic discussions with Russia’s Sberbank about a possible purchase of Sberbank’s stake in Turkey’s Denizbank. Emirates NBD has previously acquired BNP Paribas …
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First Abu Dhabi Bank profits dip 3.5% in ‘soft market’
First Abu Dhabi Bank (FAB), the UAE’s largest bank, on Monday announced that net profit for 2017 dropped 3.5 per cent to Dh10.92 billion as compared to Dh11.52 billion in the previous year. The group’s revenue also declined four per cent year on year to …
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Dubai Islamic Bank : plans to raise Dh1.64b via rights issue
Dubai: Dubai Islamic Bank (DIB) has said it is seeking shareholder approval for a plan to raise Dh1.647 billion on the Dubai Finacial Market by issuing additional shares. Shareholders will have a right to buy one share for every three shares held and will …
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Iranians’ banking problem in China settled
He went on to say that Central Bank of Iran is finding a market instead of United Arab Emirates (UAE) for banking and monetary exchanges in the Persian Gulf region. Reopening Iranian accounts in China is the result of intensive and tough negotiations made …
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Dubai Financial Market : welcomes the listing of Bahrain’s Ithmaar Holding
Dubai Financial Market (DFM) announced on Monday the listing of Bahrain’s Ithmaar Holding B.S.C. (Ithmaar), one of the leading investment institutions in the Kingdom of Bahrain, as trading commenced on the bank’s shares under the trading symbol (ITHMR …
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