Mashreq Bank saw a sharp drop in net profit for the first nine months of 2020 to total Dh352 million, as higher impairment charges made a heavy dent in the financials. Last year’s profit at this stage …
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SoftBank’s Vision Fund unit considers move to Abu Dhabi from UK
SoftBank has been holding internal discussions on whether to relocate the unit that manages its $100bn Vision Fund from the UK to Abu Dhabi, according to multiple people with direct knowledge of the …
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Watch: First images of final design, hand-carved stone pillars of Abu Dhabi Hindu temple released
Scenes from Ramayana, Mahabharata, Indian Puranas and Gulf motifs to adorn stone façade Abu Dhabi: Scenes from Hindu epics, scriptures and ancient stories from India, as well as motifs popular in the …
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Abu Dhabi utility giant Taqa to start paying dividends quarterly, first in UAE
Also, Taqa – otherwise known as Abu Dhabi National Energy Company – confirmed it is introducing a new dividend policy, which will see “increasing” payouts made, starting with an interim one of 1.5 …
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UAE stays senators’ favourite spot for investment
ISLAMABAD: The United Arab Emirates (UAE) continues to be the favourite foreign destination of lawmakers for investment in business and properties, as most of around a dozen senators owning foreign …
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Dubai Shopping Festival returns mid-December
Dubai Shopping Festival is supported by key sponsor RAKBANK MasterCard and strategic partners which include: Al Futtaim Group (Dubai Festival City Mall & Festival Plaza), Al Zarooni Group (Mercato …
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The UAE takes steps towards modernization by decriminalizing alcohol and suicide
The United Arab Emirates has introduced a slew of reforms on personal status and penal laws as part of a years-long bid to modernize the Gulf state and promote a progressive brand of Islam.
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Even Without F-35s The UAE’s Military Packs A Big Punch For Its Small Size
Despite its small population and size, the UAE has built an impressive military replete with experienced personnel and advanced weapons.
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Bahrain, Israel, UAE Hold Historic Virtual ‘Tourism Meet’
For the first time since the signing of the Abraham Accords agreements, Israel, the United Arab Emirates and Bahrain’s top tourism officials came together …
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Love Island’s Ellie Brown and Kaz Crossley look sensational as they enjoy dinner and drinks in Dubai
Ellie Brown and Kaz Crossley looked sensational as they went out for dinner and drinks at Cé La Vi in Dubai on Monday.
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Eat out: 18 top new Dubai restaurants to try
Cuisine: French Location: Sofitel, The Obelisk, Wafi When: Monday to Thursday from 6pm to 12am, friday and Saturday from 6pm to 1.30am and closed on Sunday Billionaire Dubai has revamped … in the …
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City Centre Deira Extends Its Popular ‘INDOORS’ Pop Up Retail and Street Food Concept
With the aim to support and promote emerging brands, City Centre Deira will continue to showcase five handpicked Dubai-based retail brands in ‘INDOORS’. ‘INDOORS’ has also added more mouth …
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Versace Opens Stores in Dubai, Moscow
Versace is looking East for retail expansion. The Milan-based luxury house has recently inaugurated two new stores, one in Dubai and the other in Moscow. Conceived by French architect Gwenael Nicolas, …
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European Tour expands presence in Dubai, adds new event for 2020 season
Already established as a hub of sporting activities, the Dubai’s importance to the European Tour is set to be enhanced further after a new tournament, the Golf in Dubai Championship presented by DP …
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KT special: Gitex to host largest Israeli technology business delegation
Dubai World Trade Centre looks forward to welcoming the biggest business delegation from Israel and all attendees to Gitex.
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American Fintech Ripple Set to Establish Operations at the Dubai International Financial Centre
American Fintech firm Ripple is reportedy planning to establish operations at the Dubai International Financial Centre.
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Blockchain Bites: Figure Files for Banking Charter, Cred for Bankruptcy
Ripple is opening a new office in Dubai, while President-elect Joe Biden mulls two crypto-friendly potential cabinet picks.
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