Renting a property in Dubai can be a daunting prospect, especially if you are arriving in the city for the first time. The nuances of the market and the hoops you’ll need to jump through may be …
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Mena solar ambitions face challenges
Experts are now closely watching Dubai Electricity & Water Authority (Dewa) ahead of its imminent tender results for the 900 megawatt fifth-phase expansion of the Mohammed bin Rashid al-Maktoum solar …
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UAE releases activists on Eid amnesty -rights groups
Earlier this week, the UAE’s president ordered the release of 669 prisoners before the start of the Eid-al-Adha religious holiday, state news agency WAM reported, without giving names. …
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Over 1mi Wi-Fi connections on board Emirates in March
(MENAFN – Bangladesh Monitor) Dubai: Emirates has set a new record with over 1 million Wi-Fi connections made on board its flights in March alone. The connections were mainly made over mobile …
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Aldar Properties Q2 profit up 7%, says Abu Dhabi sentiment up
ABU DHABI, Aug 8 (Reuters) – Aldar Properties , the largest property developer in Abu Dhabi, on Thursday reported a 7% rise in second-quarter profit year on year, saying sentiment in the property …
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UAE’s largest bank inks $60m deal with UK social housing provider
Optivo, one of the largest social housing providers in the UK, has secured a revolving credit facility worth £50 million ($60.6 million) from the UAE’s largest bank. The three-year deal with the UK …
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DFSA, Egypt cbank team up to promote bank safety
The Dubai Financial Services Authority (DFSA) has partnered with the Central Bank of Egypt (CBE) to facilitate the performance of their respective supervisory tasks and promote the safety and …
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UAE shuts down 115 websites, social media accounts
In May this year, the UAE’s Telecommunications Regulatory Authority (TRA) also blocked 267 websites for fraud, and offensive and obscene content. At least 117 (43.8 per cent) of the blocked websites …
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UAE real estate is back in business
About a decade ago, at the World Economic Forum, three scenarios were presented on “how GCC countries can use their wealth to expand in affluence while overcoming the internal and external …
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UAE pulls WTO trade complaint against Qatar
Abu Dhabi (AFP) – The United Arab Emirates withdrew on Thursday a complaint it made to the World Trade Organization accusing Qatar of imposing discriminatory trade restrictions on its goods. “Qatar …
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UPDATE 1-Aldar Properties Q2 profit up 7%, says Abu Dhabi sentiment up
ABU DHABI, Aug 8 (Reuters) – Aldar Properties, the largest property developer in Abu Dhabi, on Thursday reported a 7% rise in second-quarter profit year on year, saying sentiment in the property …
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Abu Dhabi’s Aldar Weighs Opportunities in Saudi Arabia and Egypt
CEO Talal Al Dhiyebi discusses Aldar Properties’ financial results. (Source: Bloomberg) Abu Dhabi’s largest developer earlier Thursday posted a 7% rise in second-quarter profit to 476 million dirhams …
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DEWA Cooperates With Stanford University ffor Solar Energy
Dubai Electricity and Water Authority announced … radiation cooling to improve the efficiency and performance of solar panels, utilisation of autonomous robots in monitoring and maintaining …
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DEWA invites international firms to participate in WETEX, Dubai Solar Show
Dubai Electricity and Water Authority (DEWA) has invited international companies and organisations specialised in energy, renewable energy, water, the environment, to participate and display their …
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Five Bangladeshi expats have received gold card visas in the UAE so far
“We shifted our business to the UAE from Saudi Arabia 38 years ago. Since then, our business thrived,” said Mahtabur Rahman. “The gold visa is an honour for me, my family and my country …
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Three UAE-based Bangladeshi businessmen from the same family granted 10-year-UAE Gold Cards
Bangladeshi nationals own more than 50,000 businesses in the UAE and employ more than 150,000 people – making them one of the largest business communities in the UAE. Mahtabur Rahman and Oliur …
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Dubai DXB Entertainments posts losses in first half of 2019
DUBAI, United Arab Emirates — DXB Entertainments, which runs Dubai Parks & Resorts, has announced revenue of $68.6 million for the first half of 2019, 13% down from the same period last year. Revenue …
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