Although oversupply in Abu Dhabi is less severe than in Dubai, there have been concerns around prospects for growth. Property prices have slid by 30% in Dubai since 2014 amid a slump in oil prices, a …
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Dubai developer Union Properties pays off $19mln of debt
Dubai real estate developer Union Properties (UPP) has paid off AED 70 million ($19 million) of debt from its largest lender as part of a comprehensive debt restructuring programme. In a statement to …
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Union Properties pays $19 million towards debt restructuring
Dubai real estate developer Union Properties
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UAE- DSO, Ifza ink deal for flexible biz
The agreement provides entrepreneurs and startups with opportunities to expand their businesses
This agreement pro …
Dubai announces $136 mln economic stimulus package
Dubai has announced a new economic stimulus package worth $136 mln (AED 500 million) to support various business sectors. The newly announced package now brings the total value of stimulus packages …
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Dubai Customs Organizes Discussion Session: (Dubai and Global Trade: Challenges and Opportunities)
… government departments taking part in enhancing sustainable development and promoting Dubai’s image worldwide, turning it into a principal capital, business and tourism destination, as it …
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DMCC enhances ease of doing business in Dubai
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has rolled out a company setup offer for businesses worldwide. The offer provides …
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DMCC offers incentive to international businesses to set shop in Dubai
The Dubai Multi Commodities Centre (DMCC … providing smart solutions that allow companies to access DMCC’s range of business services from any device, anytime and anywhere.
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Dubai free zone launches offer: Set up an office for free
With no upfront fees, businesses can explore the Dubai market ecosystem without making any initial … providing smart solutions that allow companies to access the DMCC’s wide range of business …
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UAE SCA Board of Directors approves crypto assets regulation
Source: Unlock The UAE SCA ,(Securities and Commodities Authority) during its recent Board of Directors virtual meeting headed by …
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SCA approves crypto assets regulation
Source: Unlock The UAE SCA ,(Securities and Commodities Authority) during its recent Board of Directors virtual meeting headed by …
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FAB is region’s safest bank in 2020 – Global Finance
The UAE’s First Abu Dhabi Bank (FAB) secured the first spot regionally and the 32nd spot globally in Global Finance’ ranking …
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21 new Dubai restaurants to get excited about
Saya Caffe is an Instagram favourite in Dubai. Now, the purveyors of pretty are set to open a third branch in Al Wasl later this month, which follows the opening of a concession cafe at Palm …
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Relive your youth: KidZania Dubai Mall to host an over 18s night
Well, you’re in luck as this Halloween, for one night only, KidZania Dubai Mall is offering you the chance to do just that. Normally reserved for the little ones, KidZania is a place where you can let …
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Two American University of Sharjah graduates win global architecture contest
Image Credit: Supplied Sharjah: Two recent graduates from the College of Architecture, Art and Design (CAAD) at American University of Sharjah (AUS) have been awarded the grand prize in …
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Sharjah rent deals, drops make tenants decide to stay on despite double-digit rental drops in Dubai
Dubai: Sharjah’s residents are staying put – deciding they are better off taking the “generous” offers from their current landlords rather than shift to locations in Dubai. This despite the near 20 …
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Dubai Bourse Set for First IPO in Three Years With Al Mal Capital
Al Mal Capital plans plans to sell shares in its real estate investment trust in January, reviving the IPO market in Dubai.
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