KG Group, a leading manufacturer and distributor of products for the automotive, logistics and cement and mining industries, has acquired a major stake in Virtue Properties, a Dubai-based boutique rea…
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Tenants upsize from central locations to outer lying areas in Dubai
Several families in Dubai are moving from centrally located communities to secondary areas. These outer lying communities offer lower prices and the appeal of moving to a new property. “We are seeing …
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The Six: Sharjah Film Platform set to screen boundary-pushing movies
DUBAI: The film festival in Sharjah will screen more than 140 films from over 40 countries between Jan. 18 – 26. Here are a few of the films set to go on show. A housewife is desperately trying to rei…
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Abu Dhabi financial centre launches sustainable finance agenda
The agenda that was launched as part of Abu Dhabi Sustainability Week aims to formally foster the industry of sustainable finance and investments in the UAE and wider region. “Banks have already start…
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Dubai, London financial hubs set to deepen fintech ties
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, deputy ruler of Dubai and chairman of DIFC, on Tuesday received Peter Estlin, Lord Mayor of the City of London. Dubai International Financial Centre …
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Dubai Benefits From Proactive Policies
Recent developments and plans announced by Dubai’s government highlight the emirate’s promising trajectory towards becoming a “future-proof global business capital” according to ICAEW, an accountancy …
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ADGM Sustainable Finance Agenda unveiled at the Abu Dhabi Sustainable Finance Forum
UAE: Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to unveil its Sustainable Finance Agenda at the inaugural Abu Dhabi Sustainable Finance Forum (ADSFF), …
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Financial institutions are key to funding sustainable projects in the region, ADGM chairman says
to achieve long-term sustainability and prosperity for all,” Ahmed Al Sayegh, who is also a UAE minister of state, said on Wednesday at the Abu Dhabi Sustainable Finance Forum. “To achieve the right r…
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Cavendish Maxwell releases 2018 Dubai Property Market Report at its annual breakfast briefing
· Report offers key insights into trends in the residential, office, retail and hospitality sectors · The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities C…
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UAE grants first set of long-term visas to 20 scientists, researchers
The UAE government has granted the first batch of long-term visas to 20 scientists who were the winners and finalists of the Mohammad Bin Rashid Medal for Scientific Excellence. The announcement …
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Dubai’s non-oil economic growth slows in December
according to new data from the Emirates NBD Dubai Economy Tracker Index. Despite the growth, the statistics show that new business increased at the second-slowest rate in more than two years, with inf…
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Saudi CMA nods to Bait Al Mal Al Khaleeji fund IPO
Riyadh – The Saudi Capital Market Authority (CMA) on Wednesday approved an initial public offer (IPO) for units in BMK Saudi Freestyle Equity Fund Sharia Compliant. The IPO made by Bait Al Mal Al Khal…
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Solar boats and electric buses: Take a ride on the UAE’s eco-friendly transportation
DUBAI: Want to take a trip to the future using eco-friendly transportation? In the UAE, you can enjoy a ride on a solar-powered abra on Dubai Creek, or hop on an electric bus in the capital. While Abu …
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Dubai’s 5,007-hp Devel Sixteen to make North American debut in Toronto
The press release from the Canadian International Auto Show (CIAS) calls the built-in-Dubai Devel “Mysterious and Powerful,” which perfectly describes a vehicle rumoured to have over 5,000 …
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Dubai’s 5,007-hp Devel Sixteen to make North American debut at Toronto auto show
The press release from the Canadian International Auto Show (CIAS) calls the built-in-Dubai Devel “Mysterious and Powerful,” which perfectly describes a vehicle rumoured to have over 5,000 …
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Virtusa’s Open Innovation Platform Powers the First Open Banking Sandbox in the Middle East
“Emirates NBD has been happy to partner with Virtusa to debut the first API Sandbox by a UAE Bank. This collaboration has enabled us to offer the right tools for enterprising FinTechs and developers w…
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UAE CEO Survey shows executives largely upbeat despite regional tensions and global turbulence
UAE. Confidence remains broadly high among the executives interviewed for the latest edition of the Business Barometer: UAE CEO Survey, carried out by Oxford Business Group (OBG), even though they fac…
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