Dubai International Airport leads globally in terms of international … geopolitical challenges may require them to revisit their strategies and transform their business models in order to continue t…
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UAE bank launches cardless cash withdrawal
UAE bank Emirates Islamic has launched cardless cash withdrawal through its mobile banking app. The Dubai-based bank, which has branches in all seven emirates, said customers can initiate the cash wit…
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UAE: Rights Defender’s Conviction Upheld
Al Nahyan has declared 2019 as the Year of Tolerance, to shine a spotlight on the UAE as a global capital for tolerance, instilling the values of co-existence and peace in local, regional, and interna…
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UAE activist Mansoor loses appeal against 10-year term: Amnesty
sectarianism and hatred”, state news agency WAM had reported. He was also accused of harming “national unity and social peace” and “the state’s reputation”. Mansoor was part of a group of activists kn…
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UAE court upholds activist’s 10-year sentence for ‘insulting the state’
sectarianism and hatred,” state news agency WAM had reported. He was also accused of harming “national unity and social peace” and “the state’s reputation.” Mansoor was part of a group of activists kn…
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Dubai’s real estate stocks rebounded on New Year’s Eve
Dubai’s real estate stocks rebounded on New Year’s eve, with Emaar Properties gaining 3.3 per cent and Damac Properties adding 4.1 per cent. Exchange data showed buying by local institutions …
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UAE- Midea Celebrates 50 Years in Business
The world’s largest air-conditioning and home appliances manufacturer, Midea, has experienced exponential growth in recent years Midea urges industry regulators and customers to be aware of …
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ADX wins IBMC UAE-INDIA Business Excellency Award 2018
Abu Dhabi Securities Exchange, ADX, has received the ‘IBMC UAE-INDIA Business Excellency Award 2018’. The award is a top international recognition that honours business excellence in India and the UAE …
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UAE online travel sales seen topping $4.7bn in 2018
Leisure vs. business travel Leisure tourism accounted for 52 per cent of the intermediaries’ online travel sales in the UAE, with the value of transactions in this category are expected to reach Dh4.3 …
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Six Reasons Why UAE Attracts Global Startups
A stronger economy will help entrepreneurs to grow their business fast and attract talent. The UAE cabinet has approved a zero-deficit federal budget of AED180 billion for 2019 to 2021. Meanwhile, nex…
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Stimulus to support UAE markets in 2019, analysts say
At the same time, the UAE government announced higher spending into the economy in 2019 which will support the business environment and gain more investor trust.” Sheikh Mohammed bin Zayed, the Crown …
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UAE court upholds 10-year jail sentence of activist Mansoor: sources
DUBAI (Reuters) – A United Arab Emirates appeals court upheld a 10-year jail sentence against pro-democracy campaigner Ahmed Mansoor for criticizing the government on social media, two sources familia…
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Dubai New Year’s Eve 2018 LIVE: Traffic updates, fireworks latest and 2019 celebrations
It’s almost 2019, and Dubai is celebrating in style. Here at Time Out Dubai, we’ll be bringing you all the latest updates from across the city – from fireworks displays to traffic and road closures. F…
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Dubai stocks limp to end of worst year since financial crisis
Dubai (AFP) – Dubai’s stock market ended 2018 on Monday with a 25-percent annual loss, the worst year since the global financial crisis a decade ago, as the real estate and tourism sectors struggled. …
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REITs bring IPO receipts, but investor returns not so neat
Dubai was the first Gulf jurisdiction to permit Real Estate Investment Trusts (REITs), which own and manage real estate portfolios, introducing a REITs law in 2006, while Abu Dhabi, Saudi Arabia, Oman …
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Dubai sees ‘unprecedented’ rush on property deals in final days of 2018
Dubai Land Department (DLD) has recorded “unprecedented growth” in the last 10 days of 2018 with AED19 billion ($5.1 billion) worth of real estate deals. Sultan Butti bin Mejren, director general of D…
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UAE’s MBF Group eyes $2bn expansions across 5 countries including Egypt, mulls IPO
UAE-The MBF Group is planning to invest around AED 7 billion ($1.9 billion) in the UAE and abroad in the coming period, founder and owner Sheikh Mohammed bin Faisal Al Qassimi has revealed. Speaking t…
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