Dubai Islamic Bank on Wednesday reported a 16.4 per cent year-on-year jump in net profit, beating analysts’ estimates, as revenues climbed for the UAE’s biggest sharia-compliant lender by assets, on the back of higher income from fees and commission …
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Emaar weakness outweighs strong bank results on DFM
Weakness in Emaar Properties ahead of the annual general meeting outweighed better than expected results from Dubai Islamic Bank and Emirates NBD, resulting in more than 1 per cent losses on the Dubai index. Emaar Properties, which has the highest …
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KCB offers Kenyan diaspora in Australia and Dubai new banking incentives
NAIROBI, APR 18 — KCB Bank Kenya has stepped up its foray into Australia and Dubai to offer Kenyans in the diaspora a chance of taking part in the vibrant economic and investment opportunities back home. The bank kicked off a month long tour of Australia …
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Warner Bros. amusement park opening this summer in Abu Dhabi — the latest offering in a crowded U.A.E. market
Abu Dhabi will open a $1 billion US indoor Warner Bros. amusement park this July. Officials made the announcement on Wednesday at the Warner Bros. World park. It was built by the Abu Dhabi government-owned Miral Asset Management and encompasses 1.65 …
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Warner Bros’ $1 billion theme park in Abu Dhabi to open in July
ABU DHABI (Reuters) – Abu Dhabi hopes the opening of a $1 billion Warner Bros theme park in July will help it in its bid to nearly double the number of tourists visiting the emirate over the next few years. Oil-rich Abu Dhabi is investing billions of …
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Abu Dhabi’s Warner Bros. indoor amusement park opens in July
ABU DHABI, United Arab Emirates (AP) — Abu Dhabi will open a $1 billion indoor Warner Bros. amusement park this July. Officials made the announcement on Wednesday at the Warner Bros. World park. It was built by the Abu Dhabi government-owned Miral Asset …
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UAE rights activist Ahmed Mansoor put on trial in Abu Dhabi
The trial of an Emirati human rights activist, who was arrested after falling foul of the country’s cybercrime laws, has started in the UAE’s capital, Abu Dhabi. Ahmed Mansoor was arrested on March 20 last year after authorities accused him of using his …
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QE2 relaunched as floating hotel in Dubai
These are external links and will open in a new window The QE2 has opened its doors as a luxury floating hotel in Dubai. The former Cunard liner is docked permanently at Mina Rashid where it was converted into a five-star hotel over the past three years.
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Dubai poised to be global bloackchain leader
Highlighting his expectation on when the UAE will regulate the ICO, Yusup said, “The UAE is a global financial center and ICOs are the most successful global financial instrument over the past two years. In 2017 token sales raised nearly $4 billion and …
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Closing The Gap: Bayut.Com Is Making Its Presence Felt In the UAE Property Tech Race
You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Haider Ali Khan, CEO of properties portal Bayut.com, believes that his enterprise can be considered as a “driver of change” in its sector- and that’s a …
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$4.2bn of cheques bounced in the UAE during Q1
according to the UAE Central Bank. From January to March, cheques worth AED15.7 billion bounced, accounting for 4.3 percent of the total value, state news agency WAM reported. It added that March registered the highest amount of cheques processed through …
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No politician on FIA list of UAE property owners
To the surprise of many, the Federal Investigation Agency (FIA), on the directive of the Supreme Court, recently compiled a list of Pakistanis who own property in the United Arab Emirates. The list does not carry the name of a single politician, despite …
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Caesars Entertainment to bring its first non-gaming properties on a Dubai man-made island
In late 2018, Dubai-based Bluewaters Island is expected to become home to Caesars Palace Bluewaters Dubai and Caesars Bluewaters Dubai — both of which will represent Caesars Entertainment’s first non-gaming resorts . Situated along the beachfront on a …
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Abu Dhabi, Dubai growth forecast to remain steady at 3%
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UAE- DBWC witnesses 15.7% growth in total membership during Q1 2018
DUBAI, 17th April, 2018 (WAM) — The Dubai Business Women Council, DBWC, has disclosed that its total membership has increased by 15.7 percent during the Q1 of 2018. The increase in membership brings the total number of DBWC members up to 684, which …
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Dubai Financial Market : UAE bourses await launch of Cityscape Abu Dhabi
Dubai – Mubasher: The UAE bourses are likely to see more buying on real estate stocks on Tuesday, in line with the launch of Cityscape Abu Dhabi 2018, analysts told Mubasher. The Dubai Financial Market (DFM) closed Monday’s trading session 0.3% down at …
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Diplomatic leaks: UAE dissatisfied with Saudi policies
Abu Dhabi Crown Prince Mohammed bin Zayed (MbZ) is working on breaking up Saudi Arabia, leaked documents obtained by Lebanese newspaper Al Akhbar revealed. Al Akhbar said that the leaked documents contained secret diplomatic briefings sent by UAE and …
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