Dubai: Abu Dhabi Islamic Bank (ADIB) shares rose 1.1 per cent on Tuesday, playing a catch-up compared to other banking peers on the Abu Dhabi Securities Exchange. ADIB closed 1.1 per cent higher …
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Dubai Real-Estate Developers Cut Jobs in Past Weeks
(Bloomberg) — Nakheel PJSC and Majid Al Futtaim Properties LLC, two of Dubai’s biggest real-estate companies, cut jobs in the past weeks, people familiar with the matter said. State-controlled Nakhee…
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Suspect insists child pornography came from Abu Dhabi police
And Al Askari insisted the illicit images found on his electronics was as a result of undercover work he did for Abu Dhabi police when he lived in the United Arab Emirates. “My thinking was …
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ANAROCK launches dedicated operations in Abu Dhabi
Marking the next step on its international expansion agenda, ANAROCK Property Consultants has announced the launch of its dedicated office in Abu Dhabi, United Arab Emirates (UAE). ANAROCK Abu Dhabi i…
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UAE offers more public holidays to private sector workers
The move comes as the UAE is keen to encourage more Emiratis to join the private sector as part of its Emiratisation policy. Subscribe to Arabian Business’ newsletter to receive the latest breaking ne…
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Private firms in UAE get more holidays, expats rejoice
In a major announcement for the working population of the UAE, the Cabinet has decided to give an equal number of holidays to both the public and private sectors. In a tweet on Tuesday, the Emirates N…
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UAE private sector to have more holidays, cabinet announces
The UAE made a major announcement regarding holidays for 2019-20, news agency WAM reported on Tuesday. Also read: More UAE jobs for Pakistanis, Indians in 2019 The UAE Cabinet has approved public holi…
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Montrealers head to Abu Dhabi for Special Olympics World Games
Daigle is heading to Abu Dhabi for the 2019 Special Olympics World Summer Games this month, where she hopes to finish on the podium once again — this time in freestyle swimming. “I just really want he…
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News: ITB Berlin: Yas Island Abu Dhabi to showcase offering in Germany
Experience Hub, the trade and promotion arm of one of the world’s fastest growing leisure and entertainment destinations, Yas Island Abu Dhabi, is set to participate at ITB Berlin. The world’s largest …
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IPO activity picks up despite a relatively slow year: PwC
DUBAI — The year 2018 ended on a strong note for GCC equity capital markets activity, with Q4 being the best quarter in the year. A total of five IPOs generated $1.03 billion, or 42% of the GCC’s annu…
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PNC Menon charts ‘aggressive’ expansion of the UAE’s Sobha Group
Once Sobha maintains this level of revenue for a couple of years, Menon says he might look to fulfil his long-held ambition of floating an initial public offering (IPO) on London Stock Exchange or Dub…
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Saudi Alhokair’s mall unit seeks $1 bln from IPO, adds banks -sources
DUBAI, Feb 21 (Reuters) – Saudi Arabian shopping malls business … Arabian Centres, which has applied for an IPO with the Capital Market Authority, is looking to sell a 30 percent stake to investors …
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Road deaths fall 21 per cent in Sharjah in 2018
Sharjah: Road deaths fell in 2018, but work remains to be done to reduce traffic fatalities even further, said senior police officers on Tuesday. Major General Saif Mohammad Al Zari Al Shamsi …
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UAE’s ministry of finance works on 2020 budget draft using electronic systems
The UAE’s ministry of financing is working with federal entities to draft the 2020 fiscal budget using electronic systems in order to increase efficiency in the process and comply with international b…
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Dubai closes nearly 14,000 social media accounts for selling fake goods
of the DED said its actions were taken in line with the strategy to enhance competitiveness and sustainable business growth in Dubai. The accounts were closed after they were found to be selling count…
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Dubai Property Market shows signs of positive growth in 2019
The start of 2019 has seen positive growth in a selection of key Dubai developments, the head of the most advanced property portal in the market has revealed. The start of 2019 has seen positive growt…
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UAE non-oil companies cutting jobs at fastest rate in decade
DUBAI, United Arab Emirates – A leading Dubai bank warned on Tuesday that non-oil companies across the United Arab Emirates have cut staff at their sharpest rate in nearly a decade amid an economic sl…
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