The UAE banking sector has continued to top other GCC counterparts in terms of assets value during H1 2018, with a total value of AED2.7 trillion (US$748 billion), a growth of 2 percent compared to th…
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Dubai financial regulator appoints new chief executive
Dubai Financial Services Authority … which provides a forum for deepening Switzerland’s Basel Committee on Banking Supervision’s engagement with country heads. Bryan Stirewalt will take over from Mr …
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UAE Food Bank signs partnership agreement with ‘Regional Food Banks Network’
DUBAI, 11th September, 2018 (WAM) — The UAE Food Bank signed a strategic partnership agreement with the “Regional Food Banks Network,” in light of the UAE’s keenness to promote social responsibility …
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AVP Risk Infrastructure – Huxley Banking & Financial Services – Dubai Jobs
My client one of the leading banks in UAE are looking to hire an AVP Risk Infrastructure to join their team. This is a Group Risk function responsible for functional ownership and execution responsibi…
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UAE Property Market Accounted for USD 74.3 billion in 2016
According to Goldstein Research, UAE property market is expected to reach USD 132.5 billion by 2024 from USD 74.3 billion in 2016, growing at a CAGR of 7.4% over the forecast period 2016-2024. Major d…
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Dubai developer warns against off-plan freebies
Big names in Dubai real estate are coming out to warn against the practice of aggressive off-plan incentives being offered by smaller private developers. The latest to issue such a warning is P.N.C. M…
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Millennials starting to climb the property ladder in Dubai
Millennials all across the world are starting to make their way onto the property ladder, driving a major first-time buyer market increase. It seems that Millennials, often referred to as generation Y …
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Dubai’s real estate model has been reliant on the influx of immigrants, not on debt
In recent months, there has been a steady expression of concern that has been expressed regarding the real estate market and the supply pipeline. Given the relative sluggish demand, there has been som…
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New deal to promote Dubai real estate in France
Dubai Land Department (DLD) signed a memorandum of understanding (MoU) with the Reed Midem SAS, a France-based provider of international B2B events and exhibitions, to promote the services offered by …
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Dubai climbs to 15th on financial centres index
Dubai has climbed four laces to 15th in a ranking of global financial centres produced by China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London. The city saw its ranking …
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Abu Dhabi’s Mubadala courted to back luxury property fund
Austrian real estate investor Rene Benko is in talks with the sovereign wealth funds of Norway and Abu Dhabi to lure fresh capital to back his expansion, according to people familiar with the situatio…
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Norway, Abu Dhabi Courted to Back Benko’s Luxury Property Fund
Austrian real estate investor Rene Benko is in talks with the sovereign wealth funds of Norway and Abu Dhabi to lure fresh capital to back his expansion, according to people familiar with the situatio…
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UAE firm reveals smart glasses to transform lives of blind
Millions of blind and visually-impaired people around the world are set to benefit from a technological advancement with the global launch of smart glasses in the UAE by Amal Glass Company. The introd…
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Where Is The Best Place To Do Business In The Middle East?
Dubai has taken the lead in this race over recent years and, based on a new survey of global business hubs, it looks to be secure in its claim to be the most attractive business hub in the Middle East …
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Abu Dhabi launches Initiate 360 Degrees to enhance cooperation with contractors, consultants and developers
The Abu Dhabi City Municipality (ADM) has launched ‘Initiate 360°’ aimed to bolster cooperation with partners as regards the implementation of Abu Dhabi Safety and Occupational Health System and ensur…
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Videos: Winners of the Gulf Business Awards 2018 on their plans ahead
The Gulf Business Awards successfully held its seventh edition at The Oberoi Dubai on Monday evening with over 300 guests in attendance at the annual gala. A total of 21 trophies were awarded to …
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Rubique Aims to Forge Strategic Ties With Financial Institutions in UAE
Rubique Technologies, India’s leading financial matchmaking platform for loans and cards, is among the five global companies chosen by Abu Dhabi Global Market (ADGM) for its FinTech Regulatory …
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