Dubai Financial Market (DFM) closed at 0.03 per cent to 2,929.06 points, and the Abu Dhabi Securities Exchange (ADX) levelled up 0.34 per cent to 4,550.51 points on Sunday. The UAE bourses are likely to maintain the sideways trend this week amid cautious …
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Abu Dhabi finance hub ADGM to regulate crypto assets
Abu Dhabi Global Market (ADGM), the emirate’s finance hub, has launched a new framework to regulate … In April, a joint venture in Dubai launched three cryptocurrency assets backed by diamonds. Al Kasir Group, which said it is part of a joint venture …
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7 in 10 UAE residents on holiday risk these
Dubai: Financial advisors have said time and again that people should obtain an insurance before hopping on a plane to visit another country. However, a new research found that almost seven in ten UAE residents go on holiday or business trip without …
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Dubai Financial Market distributes AED15.8 billion of cash dividends in 2017
DUBAI, 25th June, 2018 (WAM) — As part of its leading investor and issuer services, Dubai Financial Market (DFM) has successfully accomplished the cash dividend distribution for the financial year 2017. As much as AED15.8 billion been disseminated to …
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UAE, Saudi firms willing to loosen purse strings to expand
Dubai: Middle East businesses are confident in the economic growth prospects for the year ahead and executives are willing to invest further in their businesses, according to the 2018 Global Business & Spending Outlook, a survey released today by American …
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UAE malls go all out in winning back shoppers
Dubai: UAE malls and their retailer tenants have only one thing … What they don’t want happening over and over again is to see some of their retailers exit because of low business. All such exits cause disruptions. Helped by the promotions, clothing …
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UAE to establish new fatwa council
The UAE cabinet has approved the formation of a new Fatwa Council in the country. The council will serve as the official reference for fatwas in the country and will organise the work of government authorities, institutions and individuals related to …
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Short term deposits decreased and long term deposits increased — Central Bank
Dubai: Money in circulation and short-term bank deposits in UAE have recorded a decrease by 3.3 and 0.7 per cent respectively during the last month of May, UAE Central Bank said in its monthly bulletin. The decrease, however, was overshadowed by a 0.4 per …
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Dubai World Trade Centre cuts licensing fees
They follow other government measures designed to reduce the cost of doing business in Dubai across a number of industries and improve the city’s global competitiveness. Read: Dubai to cut municipality fees at hotels, restaurants “DWTC’s commercial …
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Dubai Creek among nominees for Unesco heritage list
Gulf News More than a hundred years ago, it was the centre of harbour-based trade, where boats, dhows and barges passed through to bring cargoes into Dubai. An aerial view of the Dubai Creek with Deira in the foreground. The Creek is lined with sites of …
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Dubai likely to host Kabaddi World Cup in 2019
Argentina Kabaddi Federation president Ricardo Acuna also hinted that Dubai has “high possibility” to host the World Cup. (File photo) DUBAI: Dubai is all set to host the fourth edition of the Kabaddi World Cup in 2019. This will be the main agenda of …
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Dubai to be canvas for series of art workshops
Dubai: Al Jalila Cultural Centre for Children (AJCCC) in Dubai yesterday announced the launch of its Art Summer Series workshops, which will be held from July 7 to August 30. Twenty-eight artists will participate in the initiative by offering workshops for …
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Dubai private schools earn over $2bn in tuition revenue
Dubai’s private schools earned AED 7.5 billion ($2.04 billion … Of the students, the vast majority – 59.3 percent – are enrolled in business programs, which also accounted for 53 percent of the year’s 7,227 graduates from free zone universities.
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Gamers in UAE find mental disorder tag ‘offensive’
Some gamers in the UAE “feel offended” that the World Health Organisation (WHO) has labelled addiction to gaming as a mental health disorder. Khaleej Times spoke to gamers in Dubai who said they find gaming as a way of “escaping” from personal or real …
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Boy dies in Sharjah swimming pool accident
a Sharjah Police official told Gulf News. The incident took place on Saturday evening. Police said the family was residing in a flat on the seventh floor. The son went alone to the swimming pool located on the third floor without the knowledge of the parents.
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Dubai ensures fugitives have no getaway
Dubai: The extradition of suspects wanted in criminal cases to their home countries by Dubai Police rose by 108 per cent in the first quarter of the year, a senior police official said. Major-General Khalil Ebrahim Al Mansouri, Assistant Commander-in-Chief …
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Abu Dhabi students score Man City trip after acing health goals
Abu Dhabi: Five students from Abu Dhabi have won a trip to watch Manchester City FC (MCFC) play in the English Premier League after being named Healthpoint Heroes. The youngsters were among more than 840 pupils from 10 schools in the capital who took part …
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