Dubai: All villas in Dubai will be linked to a new command centre of Civil Defence by the end of 2019, officials announced on Monday. Officials are hoping to link around 90,000 homes to the new centre in Al Ghusais where a dedicated team of 29 people …
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Abu Dhabi property prices expected to decline further in 2017
Dubizzle Property, the UAE’s biggest and most visited property platform, in collaboration with JLL, the world’s leading real estate investment and advisory firm, reveals joint Abu Dhabi Property Market Overview report, analyzing the capital’s …
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Abu Dhabi ranks as the Top FinTech Hub for MENA Region
Abu Dhabi with the Abu Dhabi Global Market, ADGM, has been ranked as the top FinTech Hub for the MENA region in the latest Global FinTech Hubs Review, “A Tale of 44 Cities”, by Deloitte in partnership with the Global FinTech Hubs Federation. This special …
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Imagine Abu Dhabi Receives 2270 Ideas to Support Development in the Emirate
The Imagine Abu Dhabi initiative, launched by the Abu Dhabi Government, has received 2270 submissions within 25 days of its launch, allowing all social segments to propose ideas for various aspects of development in the Emirate. The submissions which were …
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UAE among world's top 'safest' countries
The report said the UAE, which welcomed 14.4 million international visitors in 2015, four million more than two years earlier, continues to offer an outstanding business environment to invest in T&T activities (5th), with advanced ICT readiness (15th …
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Abu Dhabi Ports, Jaheziya Provide Maritime Courses
The Emirates News Agency WAM reported that Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, and Jamal Mohamed Al Shamsi, Jaheziya Managing Director signed the MOU at Abu Dhabi Ports Headquarters. The agreement is structured to initiate cooperation …
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Dense fog hits UAE morning traffic
Dubai: Heavy fog and mist hit various parts of the UAE on Monday morning, leading to heavy tailbacks and congestion on many busy roads. The National Centre of Meteorology and Seismology (NCMS) said that the fog mostly affected Abu Dhabi and Dubai, and …
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Dubai Islamic Bank : Bank results point to improvements in asset quality and profitability
Dubai: First quarter UAE bank results announced so far broadly indicate soft growth in assets and profitability combined with a visible improvements in asset quality. For the last 8 to 12 quarters UAE banks have been focusing on efforts to strengthen their …
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Abu Dhabi’s $1bn mall delayed until 2020
DUBAI: The opening of a shopping center worth $1 billion being built on an island off the coast of Abu Dhabi has been pushed back by two years until 2020 partly due to issues with its design and delays in receiving approvals, the developer’s chief …
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Dubai Women Establishment signs MOU with DFC
Dubai Women Establishment has signed a Memorandum of Understanding (MoU) with Dubai Financial Market (DFC) to enhance women’s participation on the boards of listed companies. The MoU was signed by Mona Al Marri, chairperson of the board of Dubai Women …
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Digital finance can add $3.7tr to GDP of emerging economies
Dubai: Adoption of digital financial solutions could revolutionise financial inclusion that could turbocharge growth in emerging economies, adding up to 6 per cent or 3.7 trillion to GDP by 2015, benefiting billions of people according to a report by the …
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Dubai Government to end paper transactions in 2021, says Crown Prince
The Government of Dubai will stop issuing paper transactions from 2021, as the emirate moves into its next phase in sustainable development with the Smart Dubai 2021 initiative. Launched by His Highness Hamdan bin Mohammed bin Rashid Al Maktoum …
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Abu Dhabi’s Mubadala, Eshraq Properties mull real estate JV
Abu Dhabi-based investment firm Mubadala Development Company has signed an agreement with local developer Eshraq Properties to explore the possibility of setting up a new real estate company in the UAE capital. The companies have signed a Heads of Terms …
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Abu Dhabi residential property prices set for further fall
The residential and commercial property prices across Abu Dhabi, UAE, are expected to decline further in 2017, according to a joint report by real estate expert JLL and UAE-based property platform dubizzle. The villas communities in the UAE capital …
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Digital Finance Can Turbocharge Growth In Emerging Economies
Economic growth suffers. But a solution is literally at hand. Digital finance—financial services delivered via mobile phones, the Internet or cards linked to a digital payment system—could be a boon to individuals, businesses, and governments across …
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New leak suggests NSA penetrated Mideast banking networks
A new set of documents purportedly lifted from the U.S. National Security Agency suggests that American spies have burrowed deep into the Middle East’s financial network, apparently compromising the Dubai office of the anti-money laundering and financial …
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Major Leak Suggests NSA Was Deep in Middle East Banking System
Friday morning, the Shadow Brokers published documents that—if legitimate—show just how thoroughly US intelligence has compromised elements of the global banking system. The new leak includes evidence that the NSA hacked into EastNets, a Dubai-based …
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