Over the past three years, Smart Dubai has been working closely with over 60 government and private sector entities, bringing together existing experience, technology and know-how to implement the Dub…
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Abu Dhabi to remove 20 kmph buffer on speed limit
The Abu Dhabi Police Department of Transport announced the removal of the 20 kilometer speed limit buffer on the roads to teach drivers the importance of road safety. Before the rule was implemented, …
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Dubai’s Emirates launches one of ‘its biggest ever sales’
Dubai airline Emirates has launched one of its “biggest sales … (Dhs4,835) and Santiago (Dhs5,105). Business class fares to these cities range from Dhs2,795 (Mumbai) and Dhs5,245 (Beirut) to Dhs20,9…
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Dubai Hotel Room Rates Decreases Due to Increase in Supply
The average room rates of Dubai hotels dropped due to an increase in supply, hitting a 14-year low during the month of July. According to STR data, the average daily rate fell 9.7 per cent to Dh423.63 …
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Drivers Watch Out! Speed Limits Have Dropped In Abu Dhabi
Starting today, Sunday 12 August, motorists throughout the emirate of Abu Dhabi will no longer have the luxury of exceeding stated speed limits without being fined, according to the Abu Dhabi Police. …
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Top Sharjah officials hail latest S&P ratings for emirate
Top Sharjah officials and economic stakeholders have welcomed … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straig…
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Dubai drops charges, deports Swedish woman who ‘insulted’ airport officials
A Swedish national who attempted to enter Dubai on an expired passport and later “insulted” airport officials was deported with all the charges dropped against her. The Dubai Public Prosecution has co…
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Dubai airline Emirates expects to increase US capacity in 2018
“Now we are really back on track,” he said. “Demand is extremely strong again.” Read: Dubai’s Emirates restores capacity on some US routes The carrier is also adding capacity in Canada, expanding its …
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How technology will transform banking
KPMG, in its UAE Banking Perspectives 2017 report, observes that many banks — in the UAE and globally — continue to make decisions “by looking back at what may have gone wrong”. However, that is chang…
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Dubai hotel room rates hit 14-year low
The average room rates of Dubai hotels dropped due to an increase in supply, hitting a 14-year low during the month of July. According to STR data, the average daily rate fell 9.7 per cent to Dh423.63 …
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Dubai attracts Dh80 billion FDI into technology…
Dubai has attracted $21.66 billion (Dh80 billion) worth of foreign direct investment in high-end technology transfers in three years, mainly from the European Union and the US. According to Dubai’s De…
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Exclusive: Saudi Arabia’s PIF has shown no interest in bankrolling Tesla buyout
DUBAI/RIYADH/LONDON (Reuters … Taking Tesla private would remove the pressure from Musk coming from hedge funds betting that the company’s stock will drop given its production issues and negative ca…
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Chithambaram holds Cheparinov in Abu Dhabi Chess Masters
ABU DHABI: Grandmaster Aravindh Chithambaram continued his fine form and played out a draw with Ivan Cheparinov of Georgia in the fourth round of Abu Dhabi Masters on Saturday. On a day when the going …
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Digital tech for autonomous transport at Bluewaters Dubai
Wireless communication technology from Siemens will play a … Each vehicle is designed to carry 24 passengers and the system will connect the island to Dubai’s existing metro network with a capacity …
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Digital-only Dubai bank launches first credit score check
Liv., the lifestyle digital bank by Emirates NBD for millennials, has announced that they are working with Al Etihad Credit Bureau (AECB) to provide customers access to their credit score. The bank sa…
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How 10-year visas will affect UAE business owners
The UAE government has created a buzz of expectation with its plans to introduce a 10-year residency visa to attract investors and new talent. The new visa rules, to be in place by the end of 2018, ha…
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Dubai’s shopping malls are poised for the next phase of growth
Dubai’s draw as a leading international destination for retail continues to grow exponentially. Dubai was the fourth-most popular city in the world with a total of 15.79 million tourists having visite…
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