Are you a fan of The Greatest Showman to the point you know all the words off by heart? Then you’re going to love who is coming to perform at Dubai’s mega-gig later this month. Star of the hit musical …
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Revealed: where investors can find the best rental yields in the UAE
UAE real estate continues to provide some of the highest returns in the world despite the downward trend experienced by prices and rents in 2018, according to Property Finder. In a new report, the rea…
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Ideal timing to invest in Dubai backed with favourable real estate regulations and high investment yield: Dubai Property Festival
Dubai, UAE: The Emirate of Dubai continues to enjoy the global status as a top destination for investment on properties for its resiliency, integration of disruptive technology to improve transparency …
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Rome vetoes UAE inclusion on EU tax haven blacklist
EU finance ministers will have to make a final decision on Tuesday over whether the UAE, which includes Dubai and Abu Dhabi, should be named as a tax haven. The commission has argued that the Gulf sta…
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UAE developer unveils student homes plan in Sharjah mega project
Developer Arada is introducing a new investment opportunity after announcing the launch of Nest, an integrated student accommodation complex in its Sharjah mega project Aljada. The move will enable in…
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Abu Dhabi cuts fees to boost tourism, hospitality sectors
ABU DHABI (Reuters) – Abu Dhabi has reduced tourism-related fees to help the ailing hospitality sector and attract more visitors as the oil-rich emirate looks to diversify its economy. The Department …
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UAE banks’ loan losses to rise on real estate – Moody’s
Residential property prices in Dubai have been falling since 2014 on high supply and weaker demand, forcing construction and engineering firms to cut jobs and halt expansion plans. Increased …
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Video: UAE’s mortgage cap explained
What really was the mortgage law? The law defines the eligibility of various categories of borrowers based on a loan to property value ratio. In the case of UAE nationals, for properties valued at AED …
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Abu Dhabi’s top oil and gas construction projects of 2019
Abu Dhabi’s active oil and gas projects are multibillion-dollar schemes that have a significant socio-economic impact in the UAE and beyond. The good news for engineering, procurement, and constructio…
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UAE Press: Special Olympics a celebration of humanity
ABU DHABI, 12th March, 2019 (WAM … are bringing this festival of fun and sporting activities here,” said Gulf News in an editorial on Tuesday. Already, His Highness Sheikh Mohammed bin …
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Dubai Refreshment Co’s 2018 profits drop 54% after VAT, excise tax
In the statement, Dubai Refreshment Company, which is the sole bottler and distributor for PepsiCo in the UAE, said that the company “was forced to pass these taxes to the consumer”. The implementatio…
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The Debt Panel: ‘Can my bank use my gratuity payment to reduce my loan?’
I’ve heard that taking money to reduce debt is against the Central Bank of the UAE regulations. If this is the case, does it mean a bank cannot use a gratuity payment against an outstanding loan? I ha…
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UAE to start receiving applications for long-term residence visa for investors, entrepreneurs, innovators and talented expatriates
Deputy Ruler of Dubai and UAE Minister of Finance, Shaikh Nahayan Mabarak Al Nahayan, UAE Minister of Tolerance; Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future at the …
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UAE financial bodies launch passporting facility, enabling country-wide investment fund promotion
The UAE financial regulators have announced the launch of a new fund passporting facility to help promote investment fund in the country. In a statement, the Emirates Securities and Commodities Author…
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UAE announces long-term residence visas
… cabinet on Monday approved the regulatory framework for insurance of five and 10-year UAE residence visas to certain categories of applicants, report Gulf News. The news has been announced on Twit…
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Dubai Chamber’s Chamberthon In Rwanda Pairs Entrepreneurs From The UAE And Africa To Build A Cross-Border Mentorship Program
For instance, entrepreneurs in Dubai could take part in the GBF Mentorship Program to find people who’d be able to advise them on how they could do business in, say, Kigali, and this would work vice-v…
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Irish in the UAE: High costs, loneliness, and the risks of a taxi alone
Irish emigrants in the United Arab Emirates (UAE) have advised women who move there against getting a taxi alone. One Irish woman living there says it is “not as safe as it seems”, and another recount…
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