The UAE, Saudi Arabia and Kuwait have pledged $10 billion (Dh367bn) in financial support for Bahrain’s reforms package that aims to eliminate the kingdom’s budget deficit by 2022. Bahrain announced th…
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UAE offers Dh12.5b support to Bahrain
Abu Dhabi: The UAE has signed a financial cooperation agreement worth Dh12.5 billion with the government of Bahrain to support the country’s financial stability and stimulate economic growth.
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UAE elected vice-president of International Astronautical Federation
Abu Dhabi: The UAE, represented by Dr Mohammad Al Ahbabi, director-general of the UAE Space Agency, has been elected vice-president of the International Astronautical Federation (IAF) following a …
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Plans approved to create Saudi Arabia’s third biggest bank
The new bank will be a leader in responsible lending and will set new standards for financial awareness and literacy,” said SABB chairman Khaled Suleiman Olayan. Video of Five things to know about… UA…
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UAE bank first globally to offer contactless, QR payments.
Summary: Mashreq Bank and Mastercard has partnered to launch Masterpass QR, a safe and secure Quick Response (QR) mobile payments solution, accessible via the bank’s mobile application, Snapp. The pos…
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UAE- Why buyer interest in property will continue to rise
(MENAFN – Khaleej Times) Sobha Realty, the recently rebranded property developer, said it is right on track to achieve a target of doubling annual sales to Dh2.5 billion in three years on the back …
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Low Dubai property prices ‘open new options for investors’
The lower prices of properties driven down by supply in the lead up to Expo2020, coupled with government incentives for investors and retirees, will open options to UAE real estate investors who seek …
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Comet 21P: Watch celestial party over UAE
Dubai: Stargazers in the UAE are in for a treat as a comet is expected to whizz pass the skies, and paint it green. Comet Giacobini-Zinner, or also known as Comet 21P, will be best visible through …
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Off-duty pilot threatens to down aircraft with missile in Dubai
Dubai: An air hostess claimed that she feared for her life, as she recounted in court on Wednesday, how an off-duty pilot got drunk and threatened to have the aircraft downed by an Iraqi missile …
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Have Anything to Sell in the UAE? New Platform Promises Instant Cash!
The company is operating from Dubai Technology Entrepreneur Centre in Silicon Oasis, the largest technology hub in the Middle East. The system is the first of its kind exchange where multiple Member S…
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Kuwait, Saudi Arabia and UAE pledge $10B for Bahrain
DUBAI, United Arab Emirates – Bahrain said Thursday that Kuwait, Saudi Arabia and the United Arab Emirates pledged $10 billion to support the island kingdom, helping it avoid defaulting on loans as it …
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Gitex in Dubai: 9 tech takeways
It’s a prelude to the Gitex Technology Week, from October 14-18, also at the DWTC in Dubai. Tip 1: The place is packed from early evenings, with thousands of visitors hunting for electronics …
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Property price drops in UAE cities among world’s biggest
Abu Dhabi was the second worst performing city in the index with … Video of Where are GCC investors buying overseas property? Indian city Ahmedabad led the rankings this quarter, registering a 19 pe…
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Gitex in Dubai: 9 tech takeaways
Dubai: Our survey shows more than 40 per cent … “Drones will become increasingly important,” said Abbas Jaffar Ali, an in-house, technology expert at Gitex. “Texperts” from techradar.com are …
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Shaikh Rashid, father of modern Dubai, commemorated
Dubai: The ability of the late Shaikh Rashid Bin Saeed Al Maktoum to transform Dubai into a modern city and envision the best for the future of the emirate was highlighted on Thursday by two …
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SAAB, Alawwal bank boards approve merger agreement
Dubai: The Boards of Directors of The Saudi British Bank (SABB) and Alawwal Bank have approved a merger agreement, according to a joint statement from both entities. Post-merger, the new entity wi …
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Dubai Police help find tourist’s lost iPad
Police, who refused to give the nationality of the tourist, contacted the woman to inform her the good news. Dubai Police took her address and sent the iPad to her home country. The tourist …
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