Sharjah: Sharjah Contact Centre of the Sharjah Government Media Bureau (SGMB) announced its new 24/7 service on Sunday. The new service aims at activating communication with the public through …
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Saudi schools IPO underscores weakening foreign demand
Dubai: A Saudi private school operator’s initial … department didn’t reply to calls or emails seeking comment on the IPO. Bankers were marketing NCLE’s shares in a tough environment …
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Dubai Customs Organizes Workshop on Blockchain Technology in Customs Business
Business Innovation Department in Dubai Customs organized a workshop for the employees on the blockchain technology in customs field. Renowned American blockchain expert Chris Benet, an influencer in …
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Dubai International Financial Centre Signs Landmark Agreement with China Banking Association
MoU to create synergies and promote knowledge sharing in the areas of financial services and FinTech The two entities to collaborate on sharing best practices and delivering enhanced services to their …
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New law enhances discretionary powers of UAE Central Bank
… Law No. 14 of 2018), entrusts the Central Bank of UAE with the responsibility of licencing and regulation of all kinds of financial services activities in the UAE. The law expands on previous …
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Bank results reflect strong revival in operating environment
Dubai Islamic Bank (DIB) reported a net profit of Dh3.7 billion for the first nine months of 2018, up 12.1 per cent from Dh3.3 billion reported in the same period last year. For the third quarter …
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Dubai adds 250MW capacity to fourth phase of solar park
Dubai Electricity and Water Authority signed an agreement to add a further 250 Megawatt capacity to the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, one of the largest concentrated s…
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Dubai’s on the AI highway
Autonomous Taxi displayed by RTA during the Gitex Tech 2018 at the Dubai World Trade Centre on October 14. Atiq Ur Rehman/Gulf News Smart kiosks and customer happiness meters are being AI driven.
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UAE participating in ‘Arab Shield 1’ military exercise in Egypt
Cairo: The UAE Armed Forces is participating in the joint Arab military exercise titled ‘Arab Shield 1’ which is taking place from November 3 to 16, at the Mohammad Najeeb Military Base in Egypt.
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Dubai property brokers earn $229m commissions so far in 2018
Dubai Land Department (DLD) on Saturday announced that the real estate brokerages made commissions totalling AED842 million ($229 million) in the first nine months of 2018. The brokers contributed to …
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Dubai expands plan for phase 4 of giant solar park
Dubai Electricity and Water Authority (DEWA) on Saturday announced plans to expand the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The state utilty said it has signed an amendment t…
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Dubai’s DEWA raises solar power purchase deal with Saudi Arabia’s ACWA
Dubai’s water and power utility DEWA said on Saturday it had agreed to increase the amount of electricity it would purchase from a solar park being built by a consortium led by Saudi Arabia’s …
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Mohammed bin Rashid Al Maktoum Solar Park adds 250MW to its 4th phase to reach 950MW
Dubai Electricity and Water Authority (DEWA) has signed an amendment to the Power Purchase Agreement (PPA) with the consortium led by Saudi Arabia’s ACWA Power for the fourth phase of the Mohammed bin …
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UAE’s business regulations get global recognition in latest report
The UAE’s ranking in the Doing Business 2019 report, an objective measure of business regulations and their enforcement put out annually by the World Bank, speaks volumes about the efforts of …
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RTA builds three new footbridges in Dubai
Dubai: It’s getting easier to cross busy roads in the city. The Roads and Transport Authority, in keeping with the directives of His Highness Shaikh Mohammed Bin Rashid Al Maktoum, Vice …
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Adnoc Distribution inks pact with Japanese firm to deploy solar power system
Adnoc Distribution – the UAE’s biggest fuel and convenience retailer, signed an agreement with Japan Cooperation Centre Petroleum (JCCP) to supply, install and pilot the use of a photovoltaic (PV) sol…
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Dubai Metro services disrupted
Dubai: Train services on the Red Line of the Dubai Metro have been fully restored, tweeted the Roads and Transport Authority. Train services on the Red Line of the Dubai Metro have been disrupted …
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