Dubai: Citi, as part of realigning its consumer banking strategy across all its markets with focus on emerging affluent and affluent customers has set strong growth targets for the UAE and Gulf markets, said Francisco Aristeguieta, CEO of Citi, Asia.
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Dubai resident wins Dh7m in raffle draw
Abu Dhabi: An Indian man living in Dubai got a welcome morning surprise after he was announced … Babu when organisers of the raffle draw called him up to give him the good news. Babu purchased his winning ticket no. 030202 last month, according to …
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Abu Dhabi to set up Dh500 million holding firm
Abu Dhabi is setting up an independent corporate body that will have the ownership of all government and quasi-government development service companies of the emirate. The Abu Dhabi Development Holding Company, or ADDHC, will be a public joint stock …
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Abu Dhabi Is Working On Preparing A Consumer Protection Strategy: DED
The Department of Economic Development, DED, in Abu Dhabi is working on preparing a business and consumer protection strategy for the emirate of Abu Dhabi for 2018-2022, in co-operation with its strategic partners in the local and federal government and …
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Abu Dhabi establishes AED 500 million public joint stock company
The Abu Dhabi Development Holding Company, or ADDHC, will be a public joint stock company with full legal status as well as financial and administrative autonomy. Its mandates include monitoring the development service companies in Abu Dhabi, and enabling …
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UAE aluminium exports ‘critical’ to US security
the president of the Washington DC-based US-UAE Business Council. Sebright’s comments come just days after US President Donald Trump vowed to impose tariffs on steel and aluminium imports to protect US producers, risking retaliatory moves from some of …
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Business confidence in UAE’s non-oil sector drops to six-month low
Business conditions in the UAE’s non-oil private sector slowed to the lowest level since September last year in February, according to the latest economy survey by Emirates NBD. Weaker growth also weighed on business confidence, which registered at a six …
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Hamdan orders no increase in Dubai government fees for the next three years
enhancing social stability and boosting investments in Dubai. — Gulf News The move is aimed at promoting Dubai’s economic competitiveness, enhancing social stability and boosting investments in Dubai. “This a very positive development that will …
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Expat wins luxury car after over three decades living in Dubai
I can’t believe I’ve won this fantastic car. It was the best news I’ve had in a long time,” Kunnathakath said. The car is currently priced between Dh268,000 and Dh343,000 in Dubai. The Dubai Duty Free tennis surprise promotion was held in …
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Doha Bank’s Seetharaman chosen ‘CEO of the Year’
Seetharaman receiving the ‘CEO of the year’ award at the EMEA Finance Middle East Banking Awards 2017 Ceremony in Dubai recently. Doha Bank CEO Dr R Seetharaman won the “CEO of the Year” for bringing “transformational leadership” in Doha Bank …
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UAE’s own ‘Geneva’ a hit with international students
at Swiss International Scientific School in Dubai (SISD). Gulf News was recently granted an exclusive tour of the facility, which officially opened in January, and serves as the home away from home to a dozen boys right now. A girls’ boarding house is …
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Abu Dhabi Police bust phone fraud gang
Abu Dhabi: Abu Dhabi Police arrested a gang of 10 Asians for conning people out of money while pretending to be representatives of a telecommunications company on behalf of which they were handing out cash prizes to winning mobile phone numbers.
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Beware of this UAE scam, warns financial authority
Dubai: UAE consumers and businesses were warned on Sunday to be on alert for scammers who continue to impersonate financial services authorities to defraud them of their hard-earned money. Fake certificates of incorporation and money laundering clearance …
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UAE implicated in Trump election ‘finance for favours’ probe: Report
Potential attempts by the United Arab Emirates to purchase influence and get the White House to back its regional policy are being investigated by a special team looking into US election fraud, a weekend report has revealed. A team led by Robert Mueller …
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TrumpWatch, Day 408: Mueller Investigating Gulf State’s Financial Influence in Trump Campaign
The UAE line of inquiry appears to be part of a wider examination of possible foreign influence through financial support of Trump’s inner circle. Revelations in the past week have focused on Trump’s son-in-law Jared Kushner, who reportedly sought …
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Sharjah Ruler swears in municipal councils’ members, chairmen
Sharjah: A total of 85 chairmen and members of Sharjah Municipal Councils were sworn in on Sunday before His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. The members represent 9 municipal councils including …
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Modon Properties Appoints Contractor to Build Five Temporary Mosques in Riyadh City
Modon Properties, an Abu Dhabi master developer building vibrant and sustainable communities and strategic mixed-use developments, today announced that works have started on the construction of five temporary mosques across the northern part of Riyadh City.
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