Sheikh Zayed Hospital treated mainly poor and displaced people in Mogadishu for free. The United Arab Emirates (UAE) has suspended operations at a hospital it ran in Somalia’s capital, Mogadishu, amid growing bilateral tensions. The Mogadishu-based …
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Developer Nakheel plans new malls outside of Dubai
MADRID (Reuters) – Property developer Nakheel expects to sign more deals to build shopping malls outside its base of Dubai, its chairman told Reuters, as its home market matures and development picks up in other parts of the United Arab Emirates.
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Famed Queen Elizabeth 2 ship now a floating hotel in Dubai
DUBAI, United Arab Emirates—Britain’s famed Queen Elizabeth 2 cruise ship will finally open as a floating luxury hotel moored off Dubai, nearly a decade after completing its last ocean voyage. It’s been another long trip for the ship known as the QE2 …
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FIA ‘finds’ no politician with property in UAE
The Federal Investigation Agency (FIA), on the directives of the Supreme Court (SC), recently compiled a list of Pakistanis who own property in the United Arab Emirates (UAE) and the list does not carry the name of a single politician, despite the widely …
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How to Buy or Rent Commercial Property in Dubai: 7 Tips to Help You
The growth of Dubai’s commercial property sector is underpinned by an increasing demand for the ‘right space’ in the ‘right location’ at the ‘right price’. Led by economic growth, driven by the preparations for Expo 2020 Dubai, and the positive performance …
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Abu Dhabi property slump continues in Q1 2018
CBRE indicated residential sales prices were down around 1 per cent during the quarter and 5 per cent year-on-year The most major announcement during the quarter was a joint venture between Aldar and Dubai’s Emaar Properties for the Saadiyat Grove …
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There’s a AED10-billion community rising between Abu Dhabi and Dubai
Property development giant Aldar Properties PJSC revealed yesterday … Alghadeer will be a self-contained community of 14,408 homes straddling the border between Abu Dhabi and Dubai. Located in Aldar’s Seih Al Sdeirah landbank close to the Dubai Expo …
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Dubai ruler’s daughter mysteriously vanishes after attempt to escape father’s clutches, ex-spy says
The daughter of Dubai’s powerful ruler mysteriously vanished last month after she attempted to escape the clutches of her overbearing father, a former French spy said Monday. Herve Jaubert told the Associated Press he helped Sheikha Latifa bint Mohammed …
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UAE studying plans to allow transit passengers ‘day out in the city’
DUBAI: The UAE government is drawing up plans that will allow transit passengers “a day out in the city,” state news agency WAM reported. The UAE Cabinet has created a working group, led by the Federal Authority for Identity and Citizenship …
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Britain’s famed Queen Elizabeth 2 ship now a hotel in Dubai
DUBAI, United Arab Emirates — Britain’s famed Queen Elizabeth 2 cruise ship will finally open as a floating luxury hotel moored off Dubai nearly a decade after her last ocean voyage. A financial meltdown in Dubai followed by years of slow growth nearly …
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Revealed: why UAE residents are losing confidence in their finances
Almost half of UAE residents are less confident about their financial health than they were 12 months ago, according to a new survey. The quarterly Consumer Confidence Tracker from yallacompare, the Middle East comparison site, revealed that 42.9 percent …
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Half of UAE residents less sure about financial health
Almost half of UAE residents are less confident about their financial health than they were 12 months ago, but remain more confident about their prospects in the UAE than anywhere else, said a new report. The quarterly Consumer Confidence Tracker from …
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Dubai-based firm launches commodities-backed cryptocurrency
Freedium, a company establishing a presence at the Dubai Multi Commodities Centre (DMCC … volatile currencies and limited access to banking services. “Emerging and developing countries have a population of 6 billion people, represent 60 percent …
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French tech giant launches Cyber Hub in Dubai
French technology giant Thales has announced the launch of a Cyber Hub in Dubai that will service the UAE and wider Middle East. The company said the new hub will use methodologies to drive awareness and implementation of best practice cyber security and …
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Banned: Antibiotics pulled from UAE shelves
Dubai: Health authorities in the UAE have suspended the sale of an antibiotics brand until the product’s active ingredient has been given the seal of approval. The Department of Health in Abu Dhabi pulled out the antibacterial Megamox Powder products …
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Mega-developer gives his picks for biggest growth opportunities in Abu Dhabi
Tourism and real estate are the biggest growth areas in Abu Dhabi, the chairman of one of the emirate’s largest property developers said Monday. United Arab Emirates (UAE) real estate developer Aldar Properties was founded in 2005 and is now among the …
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For Pakistani dockworkers in Dubai, kushti is a way of life
DUBAI: Every Friday evening in Dubai’s bustling Deira district, a sandy lot is transformed into the ring of champions. It is kushti wrestling night and Kala Pehlwan is ready to fight. As the sun sinks below towering palm trees, dozens of men – many in …
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