Dubai: In Dubai’s posh Jumeirah Beach Residence district, luxury apartment rents are down about 15 percent from a year ago – a sign, some fear, that the wealthy emirate’s recipe for economic success i…
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Abu Dhabi’s Aldar begins handover of first Yas island villa project
Aldar Properties has announced that it has begun the handover … the developer said in its latest quarterly update on its projects under development across key destinations in Abu Dhabi. Aldar said m…
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UAE’s $8 Billion Tech Industry Presents Extensive Growth Opportunities for Chinese Businesses
DUBAI, United Arab Emirates–(BUSINESS WIRE)–With a thriving technology sector, deepening bilateral ties with China, and recent announcements by the UAE Cabinet to allow 100 percent foreign ownership …
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Dubai gold prices continue to fall; bullion at 52-week low
Dubai: The gold continued to take a beating from a strong US … Gold touched its lowest price in the last 52 weeks at $1221,” Vijay Valecha of Century Financial told Gulf News on Thursday. “Gold and …
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Solar panel users should be trained: Police
The Dubai Police have warned firms that instal and operate solar panels for power generation to familiarise their customers about the proper way of maintenance. The companies should ensure that their …
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Video: Chinese President Xi Jinping arrives in the UAE
Chinese President Xi Jinping arrived in the UAE on Thursday evening for a three-day state visit. The President, who is accompanied by his wife Peng Liyuan, is on his first international state visit si…
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South Sudan abandons Kenya as a prime banking destination
South Sudan has abandoned Kenya as one of its key banking destinations following a complex court battle with a Khartoum-based contractor, Dubai Bank founder Hassan Zubeidi and the Kenya Deposit Insura…
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New Dubai tunnel linking Happiness Street with Meydan Street opens on Friday
Dubai: The Roads and Transport Authority (RTA) in Dubai will open a 420-metre-long tunnel on Friday, providing a left-turn from Happiness Street to Al Meydan Street. The tunnel is part of the recently …
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Fruitful China-UAE financial cooperation opens up possibilities for Gulf region
As the first Gulf country to forge a strategic partnership with China, the United Arab Emirates (UAE) has enjoyed fruitful financial cooperation with China over the past years. Bilateral cooperation i…
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UAE turns red as it prepares for Chinese President’s visit
The UAE is getting ready to welcome Chinese President Xi Jinping, who is due to arrive on Thursday for a three-day state visit. This will be his first visit to a foreign country since he was re-electe…
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Dubai Business Bay tunnel to open on Friday
Dubai’s Roads and Transport Authority (RTA) will open a 420m tunnel as part of the Parallel Roads improvement project on Friday. The tunnel, providing a left-turn from Happiness Street to Al Meydan St…
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Chinese expats in UAE welcome Xi Jinping’s visit
I was so happy when today morning my phone network changed to WelcomPresChina. We also got the news that tonight prominent buildings in Dubai will have a display to mark the visit.” Guo is planning vi…
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Look: UAE issues first driving licence in Chinese
The authority’s media department also aired a video of its weekly news bulletin by an Abu Dhabi police officer in Chinese. The friendship between the people of China and the UAE dates back to the anci…
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Dubai School Health Policy a new milestone
All-encompassing, focused and rooted in pragmatic vision, the launch of the Dubai School Health policy for private schools ushers in a new era of well-being for students. The Memorandum of Understandi…
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Industry stalwarts to attend financial restructuring summit
Over 200 industry leaders are expected to converge at the GCC region’s first debt restructuring and NPL-focused summit in Dubai in September. Middle East Global Advisors, a leading financial intellige…
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Spotlight: Fruitful China-UAE financial cooperation opens up possibilities for Gulf region
ABU DHABI, July 19 (Xinhua) — As the first Gulf country to forge a strategic partnership with China, the United Arab Emirates (UAE) has enjoyed fruitful financial cooperation with China over the past …
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Dubai Financial Market : Bahrain’s GFH denies exposure to Abraaj
Dubai – Mubasher: Bahrain-based GFH Financial Group has affirmed no exposure to the ailing private equity firm Abraaj Group. The group indicated it has signed an agreement to acquire Abraaj’s stake in …
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