DUBAI, United Arab Emirates – The ruler of Dubai has announced the names of two astronauts from the United Arab Emirates who will be heading to the International Space Station, a first for the Gulf na…
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UAE names astronauts for International Space Station mission
The UAE’s state news agency WAM hailed the step as a “historic achievement for all Arabs.” One of the astronauts will fly into space in April, on a 10-day Russian mission to the International Space St…
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Dubai Civil Aviation Authority backs key event
the Royal Pavilion at Al Maktoum International Airport in Dubai South will be hosting the Dubai HeliShow in November. The international aircraft technology and operation exhibition, which takes place …
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UAE announces first astronauts to go to space
The United Arab Emirates has selected its first two astronauts to go on a mission to the International Space Station, Dubai’s ruler said Monday. Sheikh Mohammed bin Rashed al-Maktoum named the new ast…
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Abu Dhabi postpones unveiling of $450 million da Vinci painting
ABU DHABI (Reuters) – Leonardo da Vinci’s “Salvator Mundi”, a painting that courted controversy after Saudi Arabia’s crown prince was named as its alleged secret buyer, will not be …
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Nasdaq Dubai and BHS Launch Equities Futures Educational Campaign
Nasdaq Dubai, a stock exchange operator in the United Arab Emirates (UAE), announced this Monday that it is launching a campaign to promote trading in equities futures. The campaign is being launched …
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UAE banks hired 760 employees so far in 2018
UAE banks added 760 employees in the first seven months of this year despite decrease in the number of branches, official figures showed. According to the Central Bank data, local banks increased hiri…
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HSBC aims to open more digital branches in UAE
HSBC’s UAE head of Retail Banking and Wealth Management. The bank on Monday opened its digitally-driven Customer Service Unit (CSU) at Mirdiff City Centre, which features a digital interaction r …
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Higher yield on credit drives profitability of leading UAE banks
Dubai: Improved yield on credit saw a significant rise in profitability for the top 10 UAE banks in the second quarter of 2018, according to an analysis of data by global professional services …
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Abu Dhabi said to mull merger to create banking giant
The UAE is home to more than 9 million people and has almost 50 … The Abu Dhabi Securities Market Banks Index, which tracks 13 banking and financial services companies, has risen 26 percent this yea…
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Al Hilal Bank Promotes Excellence in Customer and Employee Satisfaction
the Bank has initiated an important internal campaign, “It Comes from Within”, in line with the UAE leadership’s key and clear vision in achieving both employee and customer satisfaction. Customer car…
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VIDEO: Reckless Dubai motorist drives car into bank
Over the weekend, a Dubai-based motorist lost control of his vehicle and crashed it into a local bank at Burjuman shopping mall, causing moderate injuries to an Asian man, police said on Saturday. The …
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5 UAE credit card fees you probably didn’t know about
across most banks in the UAE varies from 0.5 percent to 0.99 percent of the outstanding balance. Cash advance is technically a cash withdrawal at an ATM using your credit card. However, unlike withdra…
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Abu Dhabi’s Merger Drive May Create Another Mega Bank: Timeline
Following are the key mergers recently undertaken in the largest sheikhdom in the United Arab Emirates. June 2013 … Operating Co. operate more than 165 vessels June 2016: First Gulf Bank and Nationa…
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Dubai driver crashes car into bank
Dubai: A motorist lost control of his vehicle and it crashed through the glass door of local bank at Burjuman shopping mall, causing moderate injuries to an Asian man inside the bank, police said …
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Second Dubai Property Show in Shanghai ends, more planned
Dubai Land Department (DLD) has successfully concluded the second edition of Dubai Property Show in Shanghai which exhibited over 100 property projects by more than 20 developers. Latest data released …
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458 graduate from BITS Pilani-Dubai
“The students are the best brains on new technologies therefore, India with its talent pool and UAE with its wonderful work atmosphere that truly encourages entrepreneurship can build confluence …
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