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Month: November 2018

Posted on 03/11/2018

RTA constructs 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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Posted on 03/11/2018

Dubai policeman names newborn ‘Emarat’ in honor of ‘Year of Zayed’

The latest to do so is Dubai-based Yemeni policeman, Abdul Rahman Taher Ahmad. The officer and his wife named their newborn daughter “Emarat” (Emirates) shortly after her birth last week. Speaking to …
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Posted on 03/11/2018

The Royal Atlantis Residences Dubai Luxury Property

Building on the successes of the current Atlantis resort, the dramatic openings that define phase 2 create a striking, recognizable new icon for Dubai. They reinforce and reimagine the Atlantis brand, …
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Posted on 03/11/2018

Dubai’s IFC becomes a hive of activity for Fintech start-ups

FinTech Hive, an arm of Dubai International Financial Centre (DIFC), is emerging a platform to incubate fintech start-ups from not just the UAE, but also the US, the UK and India besides other South A…
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Posted on 03/11/2018

Dubai issues nearly 14,000 new business licences so far in 2018

The Business Registration and Licensing sector of the Department of Economic Development, Dubai issued 13,825 new licences in the first nine months of 2018. The Business Registration and Licensing sec…
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Posted on 03/11/2018

Revealed: how luxury Dubai property market compares globally

Luxury property prices in Dubai have fallen by 3.8 percent on average over the past year, according to new research by real estate consultancy Knight Frank. Its Prime Global Cities Index, Q3 2018 repo…
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Posted on 02/11/2018

HH Sheikh Hamdan Bin Rashid Al Maktoum Inaugurates Wetex 2018 and Dubai Solar Show

HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (DEWA), today inaugurated the 20th Water, Energy, Technology a…
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Posted on 02/11/2018

DeVere Group Targets Arbitrage With New Crypto Fund

Announced in a press release Thursday, the new investment offering, called deVere Digital Asset Funds, is being launched in partnership with Dubai-based hedge fund manager Dalma Capital Management. Th…
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Posted on 02/11/2018

Abu Dhabi’s unusual architecture delivers surprises

General view of Sheikh Zayed Grand Mosque in Abu Dhabi, United Arab Emirates. (CNN) – From its Bedouin past as a modest fishing and pearl diving port to the discovery and production of oil, Abu Dhabi …
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Posted on 02/11/2018

Nine-year-old girl in Dubai dies of viral infection

Dubai: A school in Dubai has asked parents not … A spokesperson from the group told Gulf News: “We have issued a health advisory and advised parents not to send their children to the school …
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Posted on 02/11/2018

UAE issues tough anti-money laundering law

Commenting on the issuing of the decree, Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, said: “The UAE’s wise leadership is keen to develop the legislative and leg…
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Posted on 02/11/2018

Deals on Nasdaq Dubai’s Islamic financing platform exceed $100bn

Established jointly by Nasdaq Dubai and Emirates Islamic, the platform meets needs ranging from funding for corporate growth and expansion to personal finance for retail customers. Transactions on the …
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Posted on 02/11/2018

UAE jumps 10 places in World Bank’s ease of doing business list

The UAE climbed 10 spots to 11th place in the World Bank’s annual ease of doing business ranking, following a package of reforms in the past year that boosted the country’s economic competitiveness. “ …
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Posted on 02/11/2018

Dubai ruler hails UAE’s emergence as global business hub

Sheikh Mohammed said significant efforts had been made by the UAE Federal Government, and other local departments, to create a “world-class business-friendly environment”. Sheikh Mohammed bin Rashid A…
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Posted on 02/11/2018

How the UAE, Saudi Arabia are planning a 5G revolution

Expo 2020 Dubai has already signed up to be Etisalat’s first major … the conceptualisation of new use cases and business models, and the integration or migration of IoT technologies. Next year “will …
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Posted on 02/11/2018

UAE gold demand set to rebound on VAT refund

issacjohn@khaleejtimes.com Associate Business Editor of Khaleej Times, is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism f…
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Posted on 02/11/2018

UAE’s credit growth gains on government and corporate demand

Dubai: Gross credit growth strengthened to … banks’ Credit Sentiment Survey there was an increase in demand for business loans across all emirates in the third quarter of 2018, though …
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