“About half the Abu Dhabi economy has relied on the hydrocarbon sector for growth which means we’ve seen oil and gas companies returning office space to the market,” Durrani told Arab News. “In retail, if you are seeing a decrease in rate of job …
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UAE Minister of Finance Sheikh Hamdan Bin Rashid Al Maktoum Opens Gulfood 2018
His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, today opened Gulfood 2018, the 23 rd edition of the world’s largest annual food and beverage trade show at Dubai World Trade Centre (DWTC). Spread across …
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Dubai expat returns from vacation, finds Dh1.3m missing from bank account
A 75-year-old Kuwaiti bank customer said he came back to the UAE from a trip on January 14, 2017 to find that his mobile line had been disconnected and that his bank account balance had been emptied, prompting him to file a criminal complaint. Public …
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Dusit Thani, Dubai to Host Hozpitality Group’s 10th Annual Conference for General Managers, HR Directors, and Sales & Marketing Heads in UAE
We would be sending out invitations to the respective department heads in UAE. “Through Hozpitalityplus Events we have already successfully conducted 9 business networking events for the Hospitality industry in UAE. The GM and HR heads event at the Grand …
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Dubai, the ultimate choice for a dream family vacation
Dubai is the ultimate destination for Saudis on the lookout for a memorable family extravaganza packed with a wide array of exciting lifestyle activities, attractions and child-friendly entertainment experiences. Dubai has carved a reputation for itself as …
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Kerala CM Pinarayi Vijayan flays false news on Abu Dhabi Crown Prince
THIRUVANANTHAPURAM: Kerala Chief Minister Pinarayi Vijayan today said the broadcast of a fake news about the Crown Prince of Abu Dhabi by a section of the Indian media was a disgrace to all Indians. In a Facebook post, he said a section of the media had …
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Dubai luxury property oversupply will prevent rapid rebound, says Phidar
Property prices in Dubai will take longer to rebound, as oversupply in the luxury market continues, according to Phidar Advisory managing director Jesse Downs. While the minor oversupply of 5-10 percent in the Dubai property market is “manageable and …
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RTA introduces parking top-up using NFC technology of Nol cards
The Dubai Roads and Transport Authority, RTA, has launched a smart service enabling smartphone users to recharge their parking accounts by utilising the NFC feature of Nol cards in the RTA DUBAI app. The new service that currently operates on the Android …
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Abu Dhabi Awards Oil Field Stake to Cepsa for $1.5 Billion
Abu Dhabi awarded a second slice of its offshore oil concessions in as many weeks, this time to Spanish refiner and producer Cia Espanola de Petroleos SA for a $1.5 billion fee. Government-owned Abu Dhabi National Oil Co. awarded Madrid-based Cepsa a 20 …
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Qatar National Bank to sell small stake in Egypt unit to comply with listing rules
DUBAI/CAIRO (Reuters) – Qatar National Bank (QNB), the Middle East’s largest lender by assets, said it will sell a 2 percent stake in its Egyptian unit QNB Alahly to comply with Cairo listing rules. A QNB spokesman said the bank had no current plans to …
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The Dutch road to a greener UAE
THE UAE is not new to innovations. From AI-assisted banking agents to solar-powered roof tops and health apps, the country is utilising the latest technological boom to its advantage in many sectors. Moreover, in just two years, the country will witness a …
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Dubai Islamic Bank : DHA, DIB sign MoU to support cancer, mental health patients
DUBAI, 18th February, 2018 (WAM) — The Dubai Health Authority, DHA, today signed a Memorandum of Understanding, MoU, with the Dubai Islamic Bank, DIB, to support patients suffering from cancer and psychological disorders financially to get the treatment …
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Parking violators to be monitored digitally in Sharjah
Sharjah: There is no escaping paying for parking in public spaces in Sharjah as a new digital scanning vehicle will now monitor these areas to help inspection teams. The Sharjah Municipality has acquired a first-of-its-kind digital scanning vehicle in the …
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Abu Dhabi University Signs Memorandum Of Understanding With Emirates Autism Society
Abu Dhabi University (ADU) has signed a memorandum of understanding (MoU) with the Emirates Autism Society to collaborate in preparingqualified specialeducation staff to teach individuals with autism. The agreement also aims to spread awareness ofautism …
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Nearly half UAE residents would give up social media for sleep
Dubai: While most people in the UAE get an average of seven hours of sleep a night, around half would give up social media for an extra hour of sleep, a recent poll by furnishing retailer Ikea showed. Work stress, kids and distractions of technology came …
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UAE VP marks Union Accord with tweets
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, commemorated two of the country’s founding fathers on Sunday – as February 18 marks the Union Accord. In a series of tweets …
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Nasdaq Dubai launches Abu Dhabi, Dubai equity index futures
The Nasdaq Dubai exchange launched equity index futures on Sunday for the main indexes of Dubai Financial Market and the Abu Dhabi Securities Exchange, a top official said. The new instruments could help to attract fresh money to the exchanges by giving …
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