CBI stepped up its investigations after huge unauthorised lending by PNB to jewellers Nirav Modi and Mehul Choksi (uncle and nephew) rattled the banking industry. MUMBAI: In a rare move, the United Arab Emirates (UAE) has given its banks go-ahead to share …
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10-year residence visa in UAE for investors, doctors, engineers, specialists and top students
ABU DHABI: To further boost the UAE’s position as a primary destination for international investors and top talent from around the world, the Cabinet on Sunday has adopted a new system of entry visas for investors and professionals — providing them …
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Business community renews call for relaxing of Skype ban
We also need to see the person face-to-face, and if it’s not possible for them to fly to Dubai, then the next best thing is Skype,” he said. Sukhdev Singh, vice president at market research firm Kantar AMRB, said the usage of Skype for business has …
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NYU Abu Dhabi blocks journalists from filming John Kerry
ABU DHABI, United Arab Emirates – NYU Abu Dhabi is blocking journalists from filming a graduation address by former U.S. Secretary of State John Kerry. Kerry is speaking Sunday night in the capital of the United Arab Emirates. The university invited …
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Gargash: UAE role in Socotra humanitarian
Bratislava, Slovakia: The UAE role in Socotra is purely of a developmental and humanitarian character, said Dr. Anwar Gargash, Minister of State for Foreign Affairs. Speaking to the Emirates News Agency, WAM, on the sidelines of the GLOBSEC2018 Bratislava …
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Dubai Adds 200 Megawatts of Solar Power in Renewables Push
Dubai took another step toward completing what it says will be the largest solar park of its kind, inaugurating a 200-megawatt facility with partners Electricite de France SA and Abu Dhabi-based renewables company Masdar. The third and latest phase of …
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Sharjah Ruler issues endowment law
Sharjah: His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Sunday issued Endowment Law for the emirate of Sharjah. The law identifies types of endowments, terms and conditions, expiry dates, the rights of …
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Sharjah Police impound 668 vehicles at home in four months
Sharjah: Sharjah Police confiscated 668 vehicles for various violations and asked owners to keep them at their homes after installing GPS trackers to detect their movement. Major Marzouq Khalfan Al Naqbi, director of vehicle confiscation section at traffic …
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91 beggars arrested in Dubai, Sharjah
Dubai: As many as 91 beggars were arrested since the launch of an anti-begging campaign by authorities in Dubai and Sharjah, officials said on Sunday. Brigadier Mohammad Rashid Bin Sari Al Muhairi, deputy director of Criminal Investigation Department of …
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Dubai Cares announces donation and volunteering opportunities
Dubai: Dubai Cares has announced a series of initiatives and volunteering opportunities to raise funds for its programmes and engage the UAE community this Ramadan. Through various partnerships with the retail sector, these are set to make it easier for …
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All Dubai taxis to have surveillance cameras this year
Dubai: All of Dubai’s 10,221 taxis will have surveillance cameras by this year end, monitoring drivers’ behaviour and compliance with the professional driving standards, the Roads and Transport Authority (RTA) announced on Sunday. As part of RTA’s …
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Residency changes could open the floodgates to Abu Dhabi’s property sector, say experts
Upcoming changes to Abu Dhabi’s residency regulations could open the floodgates to the emirate’s property sector, experts have said. Abu Dhabi’s Executive Council and the UAE Cabinet are poised to make a number of amendments to the current residency …
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Dubai SME Opens First Facility Licensed Under New Guidelines for Business Incubators
Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, has announced the licensing of the first business incubator in Dubai following the introduction of the …
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Sharjah Ramadan fest to offer prizes, discounts
Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) has finalised its preparations for the Sharjah Ramadan Festival 2018. The festival, which is in its 29th edition, will take place all around the emirate, and will be held from May 17 to June 18 …
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From Philippines to UAE: Filipino ‘pasalubong’
Dubai: Whenever Filipinos visit a new place or go on vacation in their hometowns, one thing that is almost on top of their checklists is the “pasalubong” and often bagfuls of it. Pasalubong is a gift or souvenir brought by a traveler returning from a …
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Which UAE bank was most recommended by satisfied customers?
Souqalmal.com has also released its annual rankings of the UAE’s ‘Most Popular Banking Products’ to supplement the findings from the survey. The rankings cover four of the most visited product categories – personal finance, credit cards …
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Strong Programme Raises Profile of the Maritime Standard Ship Finance and Trade Conference
This will include case studies from the UAE commodity markets, maritime law issues, environmentally inspired investments and the development of new trade-supporting financial products. Trevor Pereira, managing director of The Maritime Standard, says …
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