Dubai: Visa overstayers wishing to regularise their residency status during the amnesty starting on August 1 are urged to submit their applications at the earliest to avoid delays if they do not have …
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UAE’s KhalifaSat set to launch before end of 2018
KhalifaSat is a source of inspiration for Emirati generations because it is the first satellite to be fully manufactured in the UAE. It is considered one of the first productions of the advanced techn…
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UAE to launch KhaliafaSat before 2018 end
KhalifaSat is a source of inspiration for Emirati generations because it is the first satellite to be fully manufactured in the UAE. It is considered one of the first productions of the advanced techn…
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Abu Dhabi buffer speed limit removal explained
Abu Dhabi: Drivers in the emirate of Abu Dhabi who have been accustomed to having a 20km/h grace speed allowance will no longer have that luxury from August 12 after the Abu Dhabi Police announced its …
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Abu Dhabi Islamic Bank seeks $123m capital increase
Khamis Buharoon, ADIB vice chairman and acting CEO, said: “The pace of the bank’s growth has been fast, increasing its number of customers to one million in the UAE, nearly double the number it had fi…
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Will digitisation boost the UAE’s property market?
Digital solutions for the buying and selling of property have lagged behind advances in other sectors, such as finance where technologies like blockchain have been making huge strides in recent years. …
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Why You Should Be Investing In Dubai Real Estate
Dubai is home to one of the most robust real estate markets in the world and has long been considered a reliable option for investors. In just the first half of 2018, the city has seen over $30 billio…
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Third Dubai Solar Show on October 23-25
Dubai: The region’s largest solar energy exhibition, the Dubai Solar Show, is back and organisers are calling on companies operating in the sector to take part in the show in October. Saeed Mohammad A…
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HSBC hires London exec to lead Middle East banking ops
HSBC has appointed Gareth Thomas as regional head of global banking for the Middle East, North Africa and Turkey (MENAT), effective from September, subject to regulatory approval. Thomas will relocate …
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Saudi lender National Commercial Bank lifted by rise in fees and investment income
Dubai: Saudi Arabia’s National Commercial Bank (NCB), the kingdom’s largest lender, reported a 6.7 per cent rise in second-quarter net profit on Tuesday on increased fees, commission and investments. …
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UAE Banks Federation hold workshop in Abu Dhabi ahead of Basel III implementation
The workshop was designed to support Heads of Risk Management (CRO) and Heads of Finance (CFO) as they prepare for the upcoming transition, according to UBF, in line with regulations set by the Centra…
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Emirates NBD Bank : ENBD launches family savings account for Emiratis
Emirates NBD, a leading bank in the region, has launched its Emirates NBD Family Savings Account for UAE national customers, enabling Emirati families to benefit from preferential interest rates and p…
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UAE’s Invest Bank’s ratings lowered
The lowered rating followed the sizeable increase in non-performing loans (NPLs) in 2017 and in Q1 2018, which has led to a significant decline in the loan-loss reserve (LLR) coverage ratio and the im…
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UAE amnesty 2018: Foreign missions to open counters
… of labour-sending countries will have counters at Dubai’s main amnesty centre in Al Aweer to facilitate the early repatriation of residents overstaying their visas from August 1, Gulf News has lea…
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Dubai taxi drivers get cars for good performance
Dubai: The Dubai Taxi Corporation (DTC) has honoured three drivers as part of the annual Star Service Award aimed to select the best-performing taxi drivers in several categories. The winners were gif…
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UAE amnesty 2018: Foreign missions to open counters in Dubai
… of labour-sending countries will have counters at Dubai’s main amnesty centre in Al Aweer to facilitate the early repatriation of residents overstaying their visas from August 1, Gulf News has lea…
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Horse Racing: Dubai World Cup prize money raised to $12 million
DUBAI (Reuters) – Dubai’s ruler on Wednesday increased the Dubai World Cup purse to $12 million, maintaining its status as one of the world’s richest horse races. The Dubai World Cup, which once was t…
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