Dubai: Social networking sites in the UAE buzzed with the news of Dubai’s Crown Prince travelling to Saudi Arabia for Umrah, as residents sent their congratulations for the pilgrimage. @faz3 ??? ? Tuesday 2018/06/05 الثلاثاء • سم …
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Warning: UAE Embassy cautions Emiratis of burqa ban
Dubai: The UAE Embassy in Copenhagen has issued an advisory … turbans or the traditional Jewish skull cap. According to previous Gulf News reports, the Ministry of Foreign Affairs and Internal Cooperation (MoFAIC) urged Emirati men not to wear the …
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Dollar enhances car rental experience with WiFi service
Dollar, one of the fastest growing car rental companies in the region, is pleased to announce that WiFi service is now available across its more than 4,500 vehicles in the UAE, creating a more enjoyable journey for both residents and visitors alike.
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Abu Dhabi Plans $13.6 Billion Stimulus Program for Economy
according to state-run WAM news agency. The crown prince also ordered the issuance of dual licenses for companies in freezones to enable them to participate in government tenders. Abu Dhabi’s stimulus plan follows the announcement last month of a package …
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UAE, Saudi non-oil conditions improve in May, says Emirates NBD
The UAE and Saudi Arabia experienced a resurgence in non-oil business conditions in May, according to the latest Emirates NBD surveys, a turnaround from dips earlier this year and, for Saudi Arabia, an all-time low recorded in April. The headline …
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Abu Dhabi Plans $13.6 Billion Stimulus Program to Boost Economy
according to state-run WAM news agency. The crown prince also ordered the issuance of dual licenses for companies in freezones to enable them to participate in government tenders. Abu Dhabi’s stimulus plan follows the announcement last month of a package …
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Dh50b economic stimulus for Abu Dhabi approved
Dubai: An economic package of Dh50 billion has been launched to accelerate the pace of Abu Dhabi’s development and economic growth over the next three years. The package was launched on Tuesday by His Highness Shaikh Mohammad Bin Zayed Al Nahyan …
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Dubai’s open secret for Filipino bargain hunters
There are even a few in International City. Maricel Munda, an executive at a cleaning company in Dubai, tells Gulf News #Pinoy she goes on a bargain hunt every week, “sometimes every day, just to check if there’s a good Dh1 sale”. “It helps me save so I …
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Saudi Aramco names new head of finance after govt reshuffle – sources
DUBAI: Saudi Aramco has named six new heads of departments including its finance unit after a government reshuffle last week saw several executives at the oil giant moving to other state posts, sources familiar with the matter said on Tuesday. Khalid Al …
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85 per cent of UAE residents believe they are not saving enough
It is as simple as that.” Al-Ali added. Over 68 per cent of those surveyed in the UAE claimed their financial stability contributes their overall happiness. The report also found measurements for overall happiness included taking out health insurance …
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Dubai ranks 3rd globally in public finance
DUBAI: Dubai ranks first in the Arab world in terms of government budget (as percentage of GDP) while globally the emirate ranks seventh in government efficiency and third in public finance, according to the ‘Competitiveness Report 2018’ issued by the …
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Hamdan increases financial support for Sudan university
Dubai: Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and patron of Al Maktoum Foundation, announced that he would increase his annual financial support to $500,000 for Sudan’s International University of Africa (IUA).
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Bank ABC announces key UAE appointment
Bahrain-based Bank ABC, a leading international financial group in the region, has announced the appointment of Ammar Khalil as the senior executive officer of the bank’s branch at the Dubai International Financial Centre. In his new role, Khalil will …
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Kerala CM to launch NRI chitty in UAE next month
The Kerala government’s dream programme to raise money from its diaspora through “chitties”, or a chit fund scheme launched by state-run Kerala State Financial Enterprise (KSFE), will be inaugurated by Chief Minister Pinarayi Vijayan in UAE next …
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UAE Property Firms Post Over $1.1bn in Q1 Profit
In more detail, eight listed property companies at Dubai Financial Market posted profits of Dh3.65 billion during the first three months of the year, up 36.2 per cent from Dh2.68 billion during the same period in 2017, according to official figures issued …
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85% of UAE residents still not saving enough for their future: National Bonds
“Remember that financial literacy is not prevailing enough among the public and the UAE gives people a very good lifestyle, so many do not put money aside. To help solve this disconnect, Mr Al Ali says residents need to be more disciplined and start saving …
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Dubai leads regional, global rankings in IMD Competitiveness Report
The emirate is also ranked third in public finance and seventh in government efficiency globally due to clear and streamlined approach to government work, supplemented by policies and plans that support business competitiveness. “Dubai has set a high …
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