The business delivered an AED 1.4 billion (US$ 386 million) cash flow from operating activities in 2018-19, which is in line with its enhanced cash balance and puts the business in a solid position to …
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Aster Healthcare launches finance service centre in India
UAE-based Aster DM Healthcare has announced the launch of its finance service centre across all its existing 11 hospitals and upcoming two hospitals across India. These include Aster Medcity Kochi, …
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Dubai’s Drake & Scull hands over files on ‘questionable’ projects
… is being investigated by a forensic audit committee formed by the UAE’s Securities and Commodities Authority. The committee is investigating the reasons for “floundering financial position and …
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UAE- Single mum, electrician win top spots at talent contest
(MENAFN – Khaleej Times) The UAE witnessed the talents of the blue … I have not gone home for the last three years due to financial issues and, now, I cannot wait to use my prize money to …
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Dubai Exports in bid to boost Arab-Africa trade
Dubai Exports, a unit of the Department of Economic Development (DED) in Dubai, and the International Islamic Trade Finance Corporation (ITFC) recently hosted a forum to promote trade and investment …
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Ritz-Carlton, Dubai International Financial Centre, welcomes refreshed Ramadan Majlis
Guests have been invited to celebrate the holy month of Ramadan at the newly designed majlis at the Ritz-Carlton, Dubai International Financial Centre. The iconic Ramadan Majlis returns this year …
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Dubai index’s short-term outlook turns bearish
The Dubai Financial Market general index fell more than 1 per cent and slipped below the 50-day moving average of 2,704. The index closed 1.48 per cent lower at 2,672.61. Bellwether stocks such as …
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UAE- Registering Emirati government, private sector employees mandatory: GPSSA
The GPSSA official explained that UAE nationals aged between 18 and 60 … on the employer only as the insured does not bear any financial obligation in this case,” she continued, adding that …
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Why the holy month may just change the way you see Abu Dhabi
This means that Abu Dhabi truly becomes a city of the night … cannon were used as a way to signal that it was time to break bread. The beauty and blessed properties of the Arabic language are …
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Abu Dhabi’s albatross
Like the Chrysler, each property racked up losses for its foreign investors. During the height of the commodities boom a decade ago, Abu Dhabi enjoyed a $170 billion surplus thanks to its oil …
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Dubai poised to rise in rankings of world’s most-visited destinations
The event promise to further raise Dubai’s profile as an industry hub by showcasing new developments, destinations, offers and technologies and providing a platform for companies to network and do …
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Dubai could soon have feeding stations for stray cats
More than 1,000 participants will be covered in the online survey before taking any decision on the matter, Dubai Municipality said in a statement to Gulf News. “There are no plans to implement …
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How the Dubai 2020 legacy will change your business in the UAE
Since the first ever World Expo over 150 years ago, the events have been ‘wowing’ visitors every five years or so by showcasing the latest and greatest feats of human ingenuity. However …
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CEO appointed to oversee $544m Sharjah Sustainable City project
Sharjah Investment and Development Authority (Shurooq) has announced the appointment of Yousef AlMutawa as the CEO of the $544 million Sharjah Sustainable City project. Launched in March by Dr Sheikh …
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Dubai’s Economic Hopes Flying High at Cost of Huge Discounting
Subscribe via Pocket Cast or iTunes. Dubai’s latest growth spurt is coming with a sharp discount. Business conditions in the emirate’s non-oil private sector improved at the fastest rate in over four …
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Is UAE leading the way for concentrated solar power in the Gulf?
Last month, the International Renewable Energy Agency (IRENA) published a report on a renewable energy “roadmap to 2050”. The report highlighted the possibility that by 2050, about 86 per cent of the …
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Dubai property market sees ‘healthy’ off-plan deals balance in Q1
Thirteen Dubai commercial property deals worth more than AED100 million ($27 million) each were reported during the first four months of 2019, according to new research. Property Finder, the UAE-based …
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