Emirates NBD plans to raise its share capital by up to Dhs7.35bn ($2bn) through the issuance of new shares, as Dubai’s largest lender prepares to bid for Turkey’s Denizbank. The bank said in January it had started initial strategic talks with Sberbank …
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A humble tree native to Middle East holds strong anti-colon cancer properties, find Abu Dhabi researchers
The tree Rhus coriaria, which grows in parts of the Arab world including Jordan, has long proved useful to people in this region. Its oil can be turned into candles, its pigments are used as dyes and its fruits are crushed to provide spices. UAE research …
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The Abu Dhabi National Oil Company and Italy’s Eni Sign Historic Offshore Concession Agreements
Award marks first time an integrated Italian oil and gas company has been given a stake in Abu Dhabi’s concession areas Eni awarded 10% stake in ADNOC’s Umm Shaif and Nasr offshore concession and 5% stake in Lower Zakum concession, contributing AED 3.2 …
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Abu Dhabi in the clouds: Otherworldly images of the city’s landmarks
While Dubai’s buildings receive a large amount of exposure when they are photographed within the mist, Abu Dhabi’s wonders are not photographed as frequently, Khalid, 26, said. (Caters News) Photography by Khalid Alhammadi/Caters News See more news …
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Sharjah Government issues $1bn sukuk
director-general of Sharjah Finance Department, was quoted as saying report carried by Emirates news agency Wam. “We were confident that Sharjah’s sukuk issuance would be successful due to the emirate’s economic and financial status on a regional and …
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UAE- Why continuous training is vital to the banking and finance sector
(MENAFN – Khaleej Times) Knowledge is key to successful people in all industries. But I would argue the banking and financial services landscape is among the few professions in the world, where a constant refresher of knowledge is not just integral to one …
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Plane flying from UAE to Turkey crashes in Iran, killing 11
Sharjah is a neighbouring emirate of Dubai. Turkey’s private Dogan News Agency identified the plane as a Bombardier CL604, tail number TC-TRB. Turkey’s Transport Ministry said the aircraft belonged to a company named Basaran Holding, which The Associated …
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Plane flying from United Arab Emirates to Turkey crashes in Iran, killing 11
Sharjah is a neighbouring emirate of Dubai. Turkey’s private Dogan News Agency identified the plane as a Bombardier CL604, tail number TC-TRB. Turkey’s Transport Ministry said the plane belongs to a company named Basaran Holding, which The Associated …
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United Arab Emirates shares higher at close of trade; DFM General up 0.97%
Investing.com – United Arab Emirates equities were higher at the close on Sunday, as gains in the Banking, Real Estate & Construction and Finance & Investment sectors propelled shares higher. At the close in Dubai, the DFM General rose 0.97%, while the …
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Dubai rally podium place gives Saudi Arabian driver hope for Abu Dhabi race
DUBAI: Stepping down off the podium at the Dubai International … “It was a really good race for me,” Riyadh-born Seaidan told Arab News. “The first day was difficult as it was only my second time racing for Overdrive and the first time for me …
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Abu Dhabi Grand Slam London: black belt champions crowned in thrilling ending of a outstanding season
The final day of the Abu Dhabi Grand Slam Jiu-Jitsu World Tour in London, UK, this Sunday, March 11, at the Copper Box Arena, provided Jiu-Jitsu fans with the final note a glorious 2017/2018 season deserved. The adult and masters 1 black belt divisions …
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Dubai’s Sobha Group aims to double annual sales to Dh2.5bn, mulls IPO
Sobha Group, the property developer building the $4 billion Sobha Hartland scheme in Dubai’s Mohammed bin Rashid City, and District One with Meydan Group, plans to double its annual sales volume to Dh2.5 billion by mid-2020, as it consolidates its market …
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Dubai Chamber announces formation of Retail Business Group
DUBAI, 11th March, 2018 (WAM) — The Dubai Chamber of Commerce and Industry has announced the formation of the Retail Business Group, a new organisation that aims to promote cooperation among retailers in Dubai, serve common interests, and improve …
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Private plane flying from United Arab Emirates to Turkey crashes in Iran
Sharjah is a neighbouring emirate of Dubai. Turkey’s private Dogan News Agency identified the plane as a Bombardier CL604, tail number TC-TRB. Turkey’s Transport Ministry said the plane belongs to a company named Basaran Holding, which The Associated …
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Dubai Police considers using artificial intelligence to fight drug smuggling
Dubai Police and Dubai Customs held the first forum discussing ways of preventing drug smuggling into the UAE through land, air and sea ports using cutting edge technology. According to the Khaleej Times, Brigadier Abdullah Ali al-Ghaithi, Director of the …
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Private plane flying from Sharjah to Turkey crashes in Iran
The semi-official Fars news agency said the plane took off from Sharjah International Airport on its way to Istanbul. A private company that handles public relations for the Sharjah airfield, the home of low-cost airline Air Arabia, declined to immediately …
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Dubai Chamber forms Retail Business Group
The Dubai Chamber of Commerce and Industry has announced the formation of the Retail Business Group, a new organisation that aims to promote cooperation among retailers in Dubai, serve common interests and promote transparency within the sector. The …
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