In amenity-packed luxury neighborhood designed to dazzle foreigners and Dubai residents alike is rising from the dusty banks of an old saltwater fishing hole. Today, it’s not much more than six square …
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Abu Dhabi Stock Exchange Aims to Start Futures Trading Next Year
Abu Dhabi’s stock exchange is joining a race to introduce derivatives as Gulf bourses including Kuwait and Saudi Arabia put strategies in place to lure more investors. The Abu Dhabi Securities Exchang…
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What a UAE bank merger might mean for consumers
The next bank merger in the UAE could see a tie-up between Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank. While analysts have said the move would be a boon for the corporate sector, …
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Are bank mergers good for UAE consumers?
The next bank merger in the UAE could see a tie-up between Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank. While analysts have said the move would be a boon for the corporate sector, …
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Abu Dhabi’s Aldar Properties hires banks for $750 mln sukuk refinancing – sources
DUBAI, Sept 10 (Reuters) – Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, has hired banks to arrange a U.S. dollar-denominated sukuk issue of at least $750 million, sou…
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Abu Dhabi’s Aldar Properties hires banks for $750 mln sukuk refinancing
DUBAI, Sept 10 (Reuters) – Aldar Properties, the state-linked builder of Abu Dhabi’sFormula One circuit, has hired banks to arrange a U.S. dollar-denominated sukuk issue of at least $750 million, sour…
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Dubai’s Emirates to briefly operate A380 to St. Petersburg in October
76 business class seats and 429 economy class seats. Flight EK175 will depart Dubai at 3.45pm and arrive in St. Petersburg at 8.50pm, while the return flight, EK176 will leave Russian city at 11 …
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Dubai’s non-oil economy growing at a ‘similar rate to 2017, or a touch slower’ – survey
Preliminary estimates from the Dubai Statistics Centre put last year’s GDP growth at 2.8 per cent; about half a percentage point slower than our forecast for 2018.” Business activity increased …
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UAE school leaders defend stand on mobile phones
Dubai: Following a government ban on mobile phones in schools in France, schools in the UAE have explained their stand on the issue, with most educators not in favour of students bringing phones …
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Walk-in interviews for Indian amnesty seekers in Abu Dhabi
Only 349 Indians approached the BLS International, the embassy’s outsourced agent for consular services, in Abu Dhabi Emirate as of Sunday, a senior official told Gulf News. Most of them [280 …
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Lift ban on WhatsApp calls: UAE businessman
Dubai: A prominent Emirati businessman has called on UAE authorities to lift the ban on voice and video calls on WhatsApp. Khalaf Ahmad Al Habtoor, founding chairman of Al Habtoor Group, posted a …
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DEWA to sponsor EmTech MENA Conference & Convention 2018 in Dubai
Dubai Electricity and Water Authority (DEWA) is sponsoring the Emerging Technology (EmTech) Conference & Convention 2018, organised by the Dubai Future Foundation in collaboration with MIT Technology …
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Rise in new licences underscores surging UAE business confidence
New licence issuances across the UAE surged nine per cent in eight months this year over the same 2017 period, reflecting the steady recovery in business confidence. According to the UAE’s Ministry of …
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Dh10 million to be awarded to UAE savers
Official statistics indicate a decline in the amount of bank deposits made by UAE residents. As of the latest report, deposits from residents saw a monthly fall in May, although gross non-resident …
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End UAE ban on WhatsApp calls, Khalaf Al Habtoor urges
Al Habtoor Group chairman Khalaf Al Habtoor is urging the UAE’s mobile carriers to end their ban on WhatsApp calls, saying that he believes the ban contributes to the country lagging behind the rest o…
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110 special plate numbers up for grabs in Sharjah
Sharjah: A batch of 110 special number plates are available for direct sale in Sharjah, the Sharjah Police announced on Sunday. The special number plates can be bought directly online at www …
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Dubai Metro’s benefits far exceed cost: Study
Dubai Metro has brought in cumulative benefits … Rush-hour commute. Gulf News archives The RTA-Henley study examined the capital and operational costs of the Metro and matched them with the …
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