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Month: August 2019

Posted on 08/08/2019

UAE official calls developments in Yemen’s Aden worrying, calls for calm

DUBAI — A senior United Arab Emirates official called for calm on Wednesday after clashes erupted between southern separatists and presidential guards in Aden, the seat of Yemen’s government …
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Posted on 08/08/2019

Soon, teens in trouble can reach Dubai cops in few clicks

The cybercrime department at the Dubai Police is making this possible through the second phase of their e-crime website. The Dubai Police are making it ‘easier’ for teenagers to come forward with …
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Posted on 08/08/2019

Video: Dubai thanks workers and labourers

Dubai Culture aims to enhance Dubai’s cultural scene and draw attention to the UAE’s rich heritage. According to a press release sent to Gulf News: “The Authority’s mandate is to build …
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Posted on 07/08/2019

DEWA invites global companies at WETEX and Dubai Solar Show

Companies can benefit from the opportunities offered by the UAE and the region, and review major projects and investments that will be announced at the two exhibitions, which will be held from 21-23 …
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Posted on 07/08/2019

Saudi Aramco valuation gap persists as IPO talks resume–sources

LONDON/RIYADH/DUBAI — Saudi Crown Prince Mohammed Bin … With Aramco talking again to banks about an initial public offering (IPO), its board is meeting later this week and will probably …
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Posted on 07/08/2019

GCC Islamic bank mergers likely to increase, says Fitch

Islamic bank mergers and acquisitions in the GCC region are likely to increase as many banks still lack the market position needed to compete with large established peers, particularly in overbanked …
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Posted on 07/08/2019

Profit at large UAE banks to decline modestly in 2019, Moody’s says

The four big banks — First Abu Dhabi Bank, Emirates NBD, Abu Dhabi Commercial Bank (ADCB) and Dubai Islamic Bank — account for more than two-thirds of the UAE’s banking sector assets. A large, one-off …
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Posted on 07/08/2019

UPDATE 1-S.Arabia, UAE providing Sudan with 540,000 tonnes of wheat -SPA

DUBAI, Aug 7 (Reuters) – Saudi Arabia and the United Arab Emirates are providing Sudan 540,000 tonnes of wheat to support the country whose president was ousted earlier this year, their state news …
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Posted on 07/08/2019

Dubai welcomes five cruise ships in one day

Dubai: Dubai’s Mina Rashid Port recently welcomed five cruise ships in one day, bolstering its position as a leading cruise ship destination. The 2018/19 cruise season ended with a record …
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Posted on 07/08/2019

New Dubai Smart Police Station makes it easier to report crime

Dubai Police has launched one more SPS on Al Seef Street near Dubai Creek, meaning residents and visitors can submit reports using its smart system. “Perform transactions swiftly and easily at the …
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Posted on 07/08/2019

UAE- Free parking, metro, bus timings for Eid Al Adha holidays announced – News |

(MENAFN – Khaleej Times) The Dubai Roads and Transport Authority (RTA) has announced free parking for the Eid Al Adha 2019 holidays. All paid parking zones, except for multi-level parking …
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Posted on 07/08/2019

Dubai’s Museum of the Future: Lath Carlson on technology, climate change and neutrality

Dubai’s Museum of the Future is set to open in 2020. It will explore the challenges and technologies shaping the future, from medical breakthroughs to climate change and ecosystem collapse. The museum …
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Posted on 07/08/2019

The story behind Nirvana Travel & Tourism’s growth and success in the UAE

Today, the company has expanded to 40 offices across the UAE and employs more than 400 people … and in addition it opens a window for new business opportunities. What do you enjoy the most about …
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Posted on 07/08/2019

Largest UAE banks report H1 2019 net profit growth

The UAE’s four biggest banks increased their combined H1 2019 net profit by 19 billion dirhams ($5.3 billion), according to a report published on Wednesday. First Abu Dhabi Bank (FAB), Emirates …
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Posted on 07/08/2019

Abu Dhabi Adnoc Acquires 10% Stake in Vitol Oil-Storage Unit

(Bloomberg) — Abu Dhabi National Oil Co. is acquiring a 10% stake in Vitol Group’s worldwide fuel-storage business, boosting its capacity to store and supply crude in key export markets. The …
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Posted on 07/08/2019

UAE- ‘The future of retail space is in the consumer’s mindset’ – News |

(MENAFN – Khaleej Times) The UAE retail sector has evolved in the past two decades – from high street shops into a showcase of cutting-edge retail zones in glitzy malls that now dot the UAE landscape. …
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Posted on 07/08/2019

Khalaf Al Habtoor urges UAE leaders to ‘reconsider’ VAT, fees

Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox. …
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