The tell-tell signs of stress are present in Dubai’s building and construction sector affecting property sales and inflating material prices, prompting the largest developed Emaar to halt supply. But …
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Next two months critical as UAE hospital operator NMC mulls reorganisation or sale
Image Credit: Clint Egbert/Gulf News Dubai: The next two months will decide … revenues in the range of Dh5 billion. As of now, the “business is stable and performing ahead of the budget …
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DSF events for Dubai foodies: Chocolates, coffee and dates, anyone?
Preparations are in full swing at Dubai’s popular waterfront promenade, Al Seef, to celebrate the Dubai Shopping Festival (DSF) with a full-fledged DSF Market. Foodies are definitely in for a treat …
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How Gulf countries compare globally for Islamic finance
Bahrain, the UAE and Saudi Arabia all feature in top 5 of the annual Islamic Finance Development Indicator Bahrain, the UAE and Saudi Arabia have ranked in the world’s top five Islamic finance …
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UAE-based Indian billionaire BR Shetty’s company that owns UAE Exchange sold for $1
UAE-based Indian billionaire BR Shetty’s Finablr Plc is selling … Since then, agreements have been signed-in sectors ranging from banking to mobile phone services. Israel’s Finance Ministry sees …
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Agong off to Abu Dhabi for five-day special visit
KUALA LUMPUR: Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah left for Abu Dhabi, United Arab Emirates, today for a five-day special visit. Comptroller of the Royal …
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FM Qureshi meets UAE counterpart, apprises him of difficulties faced by Pakistani community
The visit is taking place weeks after the UAE included Pakistan among the 12 countries for whose nationals it had suspended visit visas. Qureshi apprised his counterpart of the difficulties being …
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Dubai worker sexually abuses teenager he met on social media
A Dubai worker was sentenced to three years in jail to be followed by deportation for sexually abusing a 13-year-old girl. The Dubai Court of First Instance heard that the girl’s 62-year-old father, …
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Christmas in Dubai 2020: Residents rush to get real Christmas trees
Sale of real Christmas trees in Dubai soars despite celebrating in time of pandemic Get Breaking News Alerts From Gulf News We’ll send you latest news updates through the day. You can manage them any …
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Masdar, PT PJBI to drive development of Indonesia’s first floating solar power plant
Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to …
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Community platform launched to bolster tech ties between Israel, UAE
Start-Up Nation Central (SNC), Nobex, Hybrid and Fusion LA created a new community aimed to form and bolster connections within the innovation-technology-business sector between the UAE and Israel The …
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As it happened: Abu Dhabi Grand Prix 2020 – Max Verstappen and Lewis Hamilton are crowned
I don’t think I know this one… the Dutch national anthem. 07:02PM And Mr Dominant today – Max Verstappen of Red Bull – will take top step and the national anthem to claim his maiden Abu Dhabi title …
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How Saudi Aramco IPO proved a game changer in a tumultuous year for oil
Saudi Aramco has got through the year in good shape, with the promises it made in the IPO intact, its share price riding high and with its long-term strategy still in place …
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UAE’s TruKKer gets $10mln funding from US-based Partners for Growth
The debt will be used to finance working capital needs required for the instant payment of thousands of transporters operating on TruKKer’s network …
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UAE’s largest bank opens ‘trade bridge’ with Indonesia office launch
… of its global network into Asia with the opening of a representative office in Jakarta First Abu Dhabi Bank (FAB), the largest lender in the UAE, has announced the expansion of its global network …
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Abu Dhabi’s IHC set to list three subsidiaries as part of growth plan
International Holding Company says to list Palm Sports, Zee Stores and Easy Lease on ADX Second Market later this month …
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Sovereign assets of Abu Dhabi, Kuwait, Qatar help weather COVID-19, oil shock
SWF assets in Kuwait, Abu Dhabi and Qatar would remain sizeable in the medium term even under adverse oil market scenarios, Fitch Ratings said …
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