Dubai: In a bid to promote sustainable living, Dubai Properties on Tuesday unveiled a stunning six-metre-high living green wall, the largest in the Middle East, at the Dubai Wharf. The wall, located in the heart of Culture Village overlooking the historic …
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Dubai Culture’s ‘Zayed Used Books Fair’ begins
Dubai: Dubai Culture & Arts Authority, the emirate’s dedicated entity for culture, arts and heritage, represented by Dubai Public Library, on Tuesday announced the start of ‘Zayed Used Books Fair’ at Etihad Mall. The exhibition is being held in …
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Abu Dhabi gains on TAQA, property stocks steady in Dubai
DUBAI, June 5 (Reuters) – Gulf stocks were mostly higher on Tuesday, with Abu Dhabi shares boosted by gains in energy firm Abu Dhabi National Energy Co (TAQA) due to higher oil prices. Abu Dhabi’s benchmark index was up 0.4 percent in early trade with TAQA …
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There’s now a free shuttle bus between Dubai and Ras Al Khaimah
The shuttle bus arrives and departs from Dubai International Airport terminals one and three six times a day, with three trips in the morning and three at night. The bus also comes with free WIFI, water bottles and maps provided on board, so you can swat …
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Dubai’s Mashreq applies for Saudi banking licence
Mashreq, Dubai’s third-largest bank by assets, has applied to Saudi Arabia’s central bank for a banking licence as it seeks to benefit from opportunities surrounding the kingdom’s ambitious economic reform plans, according to sources familiar with …
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Dubai crypto exchange BitOasis reinstates AED deposits and withdrawals
BitOasis, the Dubai-based cryptocurrency exchange, no longer plans to block users from making deposits and withdrawals in dirhams. Back on May 14, citing problems with it bank, the exchange issues a statement saying the users had just 24 hours to sanction …
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UAE is the most digital-friendly country in the Middle East
IDC’s Lalchandani said the UAE must continue to recognise the value of information technology as a useful tool for enabling social and economic development. “Technology has now caught up, and the transition to the third platform – mobile computing …
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UAE to use drones to map agricultural areas
Drones will soon be used to survey and map agricultural areas in the UAE, it was announced on Monday … in the emirate of Fujairah via the cutting-edge technology. Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said: “Using …
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UAE private sector posts best performance in four months during May
Dubai: Growth in the UAE’s private sector turned in its best … The figure was indicative of a sharp improvement in business conditions across the non-oil private sector, and one that was above the long-run average. The positive sentiment in the non …
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UAE bourses forecast to rise in June
… positively in June on the back of new government decisions including the transfer of settlements for both the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) to the Central Bank of the UAE (CBUAE), according to Zawya. Trading …
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Future of banking: Evolution or revolution?
McKinsey research on urban consumers in UAE and Saudi Arabia shows that at least 80 per cent of bank consumers now prefer to do a portion of their banking on computers, smartphones, and tablets. Banks today face competition from an array of fintech …
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Is Dubai a model for economic diversification in the Persian Gulf?
What’s more, Dubai seems eager to add a fourth “T” to the mix: technology. The emirate has made a name for itself as a tech start-up hub and appointed a Minister for the Future to drive tech initiatives. On the cutting edge of blockchain and transport …
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Dubai FDI Monitor points strong gains in foreign investments in 2017
Dubai: Dubai is fast emerging as a hot destination for foreign direct investments (FDIs), especially in high tech industries and new technologies, according to the Dubai FDI Monitor annual report on FDI trends and inflows issued by the Dubai Investment …
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Dubai’s Emirates to serve Osaka with A380, offers Santiago discounts
76 in business and 14 in first class. The carrier already flies the A380 to Tokyo’s Narita International Airport having resumed the previously suspended service last year. Read: Dubai’s Emirates to resume A380 service to Japan’s Narita EK317 leaves …
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Negative impact of VAT on UAE, Saudi only short-term – PwC
UAE, which had been at a record level in December … thanks to reforms in foreign ownership rules – and broader improvements in the business environment will help boost regional economies. Richard Boxshall, senior economist at PwC Middle East, said …
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Less than Dh1,000 fares from UAE to Europe
A flydubai spokesperson confirmed that the deal is part of the airline’s “companion” ticket promotion and is applicable to passengers who book an adult one-way or return fare in economy or business class from Dubai to select destinations. Flyers also …
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Dubai’s Emirates begins direct Newark service
The direct Newark service is operated by a Boeing 777-3004ER with eight first class, 42 business class and 306 economy class seats. EK223 leaves Dubai at 3:00am and arrives in Newark at 9:00am before return journey EK224 leaves Newark at 11:50am and …
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