ABU DHABI, UAE, Jan. 22, 2019 /CNW/ – Yas Marina Circuit will welcome the world’s best, and fastest, rally drivers for the inaugural FIA WORLD RALLYCROSS CHAMPIONSHIP, held at Yas Island, Abu Dhabi. T…
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UAE Banks Federation issues new measures to tackle cheque fraud
The UAE Banks Federation rolled out new plans to tackle counterfeit cheques on Tuesday in a push to reduce incidents of fraud in the banking sector. UBF said improvements to the cheque verification pr…
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Dubai retail giant inks deal with will.i.am’s US tech firm
Dubai-based retail giant Majid Al Futtaim has announced a partnership with Los Angeles-based technology company, I.AM+, founded by global music artist, will.i.am. Under the deal, I.AM+ will offer Maji…
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Saudi retail giant said to restart plan for IPO for malls
The conglomerate has been planning the IPO since 2014 when it hoped to raise $2 billion … newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to …
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Private Equity Associate – Robert Walters – Dubai Jobs
Our client is a multi-billion-dollar global alternative investment manager, it operates across a variety of asset classes and structures within the alternative landscape including hedge funds, separat…
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UAE-based Etihad Credit Insurance welcomes Lord Mayor of London
Following the Lord Mayor of London’s visit to the Etihad Credit Insurance, an MoU was signed between ECI and UK Export Finance to boost confidence in trade and investment between the UAE and the UK Du…
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Six in 10 UAE residents rely on their gratuity to fund their retirement
Six in 10 UAE residents depend on their end of service gratuity payment to fund their retirement, a survey has found, highlighting the major role the benefit plays. According to the study from financi…
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UAE Ministry of Finance organises workshop on the implementation of Decree No. 15 of 2018
Director of General Revenue Department, MoF, financial department directors, internal audit officers, legal department representatives and revenue accountants participated in the workshop. Dubai, UAE: …
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Dubai Mall to get new pedestrian bridges in February
The new bridges are seen to boost Dubai Mall’s visitor traffic, and allow shoppers to access the mall from the Zabeel side of the Financial Centre Road. Dubai Mall has already logged 80 million …
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The Mint Corporation (CVE:MINT) Financial Platform for Unbanked Adds 100,000 New Customers
Vikas Ranjan: Yes, part of United Arab Emirates, which has, I believe, seven Emirates. Ed Milewski: Obviously a financial centre in its own right. Vikas Ranjan: Yes, absolutely. And Dubai is a very di…
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Dubai Financial Market : Hamdan Bin Mohammed to Lead UAE Delegation to World Economic Forum in Davos
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, will head the UAE delegation to the forty-ninth session of the World Economic Forum, which will be held in Davos, Switzerl…
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UAE- Save early for a comfortable retirement
These new practices mean that creating a financial plan, which takes into account … despite the fact that the UAE has always ranked highly in the region for its end of service benefits, where …
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UAE’s biggest Islamic bank lists $750m sukuk on Nasdaq Dubai
It is Nasdaq Dubai’s first sukuk listing of 2019 and DIB’s seventh altogether on the exchange. Nasdaq Dubai on Tuesday welcomed the listing of a $750 million sukuk by Dubai Islamic Bank (DIB), the lar…
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UAE open to co-hosting World Cup if Qatar rift resolved: sports chief
ABU DHABI: United Arab Emirates sports chief Mohammed Khalfan al-Romaithi believes the Gulf nation would welcome an approach to co-host the 2022 World Cup if its deep political rift with Qatar is reso…
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Abu Dhabi launches world’s largest virtual battery plant
marks the first integrated control system for energy storage in Abu Dhabi. It aims to serve the city by ensuring load balancing during the day, reported state news agency Wam. “The landmark deployment …
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Dubai is making progress on its water tunnel project
Top officials on Sunday briefed His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on infrastructure projects worth Dh6.5 billion. Dur…
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Dubai’s Emaar Properties puts bond plans on hold: Sources
Emaar, developer of the world’s tallest building Burj Khalifa, said it had put on hold a planned bond issue, blaming rising interest rates.REUTERS | January 22, 2019, 15:00 IST File photo BY: Davide B…
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