DUBAI, United Arab Emirates | April 2, 2018 (AP)(STL.News) The discovery in Iran of a mummified body near the site of a former royal mausoleum has raised speculation it could be the remains of the late Reza Shah Pahlavi, founder of the Pahlavi dynasty.
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Dubai ArtBank launches cryptocurrency payments
The Dubai ArtBank, the world’s first digital bank for art, launched by the Dubai Culture and Arts Authority, has introduced a new “Dubai Art Cryptocrruency” to manage art collections and art-related transactions. Launched in March, the initiative is …
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With Expo 2020 in Sight, Off Plan Properties in Dubai continues to attracts overseas buyers and Investors to the Real Estate Sector
UAE – In the past decade, Dubai has been globally recognized as the leading tourist destination and global commercial hub. Apart from this notable achievement, the country’s real estate market has remained the key sector that continuously attracts …
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Meraas Dubai Launches ‘Hala China’
“Leveraging the phenomenal success of Dubai’s first-ever Chinese New Year celebrations … possibilities we are creating for a whole new generation of entrepreneurs, business travellers, holidaymakers and communities.” In February 2018, Meraas …
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Dubai forms new committee to develop cruise tourism sector
The committee has approved business development strategies to secure long term contracts with existing clients and attract new cruise lines to use the emirate as their winter home port in the region. It also agreed to work to extend Dubai’s cruise season …
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Dubai Free Zones Council Launches New Initiative to Stimulate and Accelerate E-Commerce Growth
These indicators make Dubai an intuitive destination due to its geographical location and its advanced infrastructure, as well as the exceptional experience it offers to foreign investors and companies to enter markets and manage their business and …
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No decline in visitor numbers expected after Expo, says Dubai Tourism CEO
… visitors number in the immediate aftermath of Expo 2020 Dubai, according to Issam Kazem, the CEO of the Department of Tourism and Commerce Marketing (DCTM). In an interview with Arabian Business on the sidelines of the Arabian Travel Market, Kazem …
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Direct flights between Dubai and India’s diamond hub set to boost trade
Earlier, the rough diamond cutting and polishing business had moved from Antwerp to Surat, also India’s third cleanest city, and a few other places, due to cost considerations. Now, in the last three years, Dubai has become the second biggest market for …
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Dubai’s Careem reports data breach affecting millions of customers
Dubai-based ride hailing company Careem has suffered a major data breach that could have seen the personal data of millions of customers stolen, the company confirmed on Monday. In an email sent to customers, Careem said that “online criminals” gained …
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ADNOC sets up oil trading business
The new business will be part of ADNOC’s Marketing … Iraq’s state oil marketer SOMO has teamed up with Russia’s Lukoil in a venture in Dubai to trade crude. The venture might expand later into refined products and petrochemical trading.
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Has Dubai’s property market finally stabilised?
RELATED ARTICLES: UAE says investor trust unshaken by real estate scams | Dubai records $15.7bn real estate deals in Q1 2018 | GCC construction leaders must learn from the UAE’s real estate JVs There has been much talk about Dubai property and the presumed …
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The Azerbaijani president’s children and the Dubai property empire
Palm Jumeirah island in Dubai. Photograph: MC Films/Rex Features At £400 a night, a stay at the Sofitel hotel on the manmade Palm Jumeirah island in Dubai does not come cheap. Holidaymakers are lured with beachfront suites, a round-the-clock butler …
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UAE-India partnership on skills development and certification
Navdeep Suri, the Indian Ambassador to the UAE, told Gulf News on Monday that the partnership will help India better understand the UAE’s requirements for skill certification for various skilled workers such as plumbers, electricians, carpenters …
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Abu Dhabi finances Dh708m city in Afghanistan
Abu Dhabi: Afghan President Mohammad Ashraf Ghani inaugurated Shaikh Khalifa Bin Zayed City Housing Complex in Afghanistan on Sunday. The project has been funded by Abu Dhabi Fund for Development (ADFD). Located in the Qasaba district of Afghanistan’s …
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DFM to see listing of 2 Reits to push alternative finance for property
Dubai Financial Market plans to list two Real Estate Investment Trust (Reit) later this year, playing its part to push for alternative financing methods in the proposed Mortgage Law under the stimulus package, that intends to create greater depth in the pr …
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Malaysian foundation wins Sharjah’s award for refugee support
Sharjah: The Malaysian foundation ‘Dignity for Children’ has won the 2nd Sharjah International Award for Refugee Advocacy and Support, The Big Heart Foundation (TBHF) announced on Monday. ‘Dignity for Children’ was selected for its performance as a …
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After 2 Years of Volatility, Dubai Residential Rents Start to Stabilize
This marks the first stable quarter for rents in the emirate in over two years. Cluttons’ Dubai Spring 2018 Property Market Outlook reports that while the rental market has shown signs of stabilizing, the growing volume of off-plan investment stock …
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