Dubai will host its first ever customer happiness focused summit and awards in October this year at an event that will feature government officials, experts, business people and investors, it was announced on Tuesday. The one-day event – which will be …
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Cost of Living: Dubai More Economical Than Most of Its Peers
Dubai, the region’s hub for business and financial centre, is more economical than most cities in the Western world as its residents enjoy stronger purchasing power, reveals a new study released on Tuesday. Ranked 28th among the world’s top 77 cities …
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UAE Residents Keeping Better Track of Finances
UAE residents are keeping better track of their money than four years ago, and fewer are living beyond their means, according to ADIB’s index. The indexprovides fresh insight into trends related to financial wellness, including saving, debt management …
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New Dubai decree exempts firms from admin fines until end-2018
“This will add to the financial benefits of the owners of expired business licenses, restore legal records and licenses, and help the business community in Dubai enhance their competitiveness.” Omar Bushahab, CEO, Business Registration and Licensing Sector …
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Emirates Islamic launches ‘personalised banking experience’ for UAE nationals
… offer a comprehensive range of home finance solutions from construction finance to releasing cash with discounts on fees and profit rates. Further, the bank will also offer UAE nationals the premium ‘Emirati Visa Signature Credit Card’ free for …
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UAE residents keeping better track of finances: study
UAE residents are keeping better track of their money than four years ago, and fewer are living beyond their means, according to the moneysmart index, which Abu Dhabi Islamic Bank launched recently as part of its financial wellness programme. The …
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Central bank lifts UAE growth outlook
The Central Bank of the UAE lifted its growth forecast for the country’s non-oil GDP to 3.9 per cent in 2018 from 3.6 per cent on the back of improving domestic economic activity and better prospects for the global economy. Economic activity in the UAE has …
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UAE bans fruits, vegetables from Nipah-hit Kerala
Shortly after the ban was announced, Indian Ambassador to the UAE Navdeep Singh Suri told Gulf News that the embassy has taken up the matter with the UAE. “We have taken up the matter with the relevant authorities in the government of UAE who have …
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Dubai responds to baby oil rumour
Dubai: Don’t be slick when it comes to spreading fake news, warned Dubai Municipality on Tuesday. Residents have recently been spreading allegations on social networking sites that a brand of baby oil contained allergens, and warned against using the …
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Uber in talks to get back on the road in Abu Dhabi
Uber is working toward resuming service in Abu Dhabi. Mohamed Darwish Al Qamzi, general manager of the UAE-based Center for Regulation of Transport by Hire Cars, said he’s confident that the ride-hailing company will return to doing business in the United …
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Uber in talks to resume Abu Dhabi services: Abu Dhabi official
DUBAI (Reuters) – Uber Technologies [UBER.UL] is in talks to resume services in Abu Dhabi, the capital of the United Arab Emirates, an Abu Dhabi transport official said on Tuesday. Mohamed Darwish Al Qamzi, General Manager of The Center for Regulation of …
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Dubai cancels corporate fines in fresh effort to boost business
DUBAI (Reuters) – Dubai is exempting companies from administrative fines in a fresh effort to stimulate business, which has been dampened by new taxes and slumping asset markets. A decree by Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum cancels fines …
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Deutsche Bank cuts eight equities research positions in Dubai: sources
DUBAI (Reuters) – Deutsche Bank (DBKGn.DE) has cut eight positions within its equities research team in Dubai as it moves to close the unit as part of a global scaling back of equities business, sources familiar with the matter said. The research analysts …
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Uber in talks to resume services in Abu Dhabi: transport official
ABU DHABI (Reuters) – U.S. ride-hailing company Uber Technologies [UBER.UL] is in talks to resume services in Abu Dhabi after a nearly two-year suspension, a transport official said on Tuesday. Services of Uber and Middle East rival Careem were suspended …
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Free parking in Dubai for special vehicles
The free parking initiative is part of the RTA’s first phase in catering to eco-friendly vehicles, and is part of Dubai’s Green Mobility plan to slash carbon emissions and encourage the use of green vehicles. Gulf News earlier reported that about 220 …
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Dubai responds to baby oil rumours
Dubai: Don’t be slick when it comes to spreading fake news, warned Dubai Municipality on Tuesday. Residents have recently been spreading allegations on social networking sites that a brand of baby oil contained allergens, and warned against using the …
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Great News for the Islamic Banking Industry
“This is a good move by the IMF and in my opinion it will bring lot of stability to the entire banking system” said Saad Maniar, senior partner at Crowe Horwath UAE. According to the UAE Ministry of Economy and the Dubai Islamic Economy Development Centre …
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