The shooting death on Sunday of Saif Nasser Mubarak Alameri made front page news Wednesday in the UAE, a federation of seven sheikdoms on the Arabian Peninsula. Online, stunned Emiratis shared a smiling black-and-white photo of the 26-year-old university …
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Caddie dies at Dubai Ladies Masters after collapsing with heart issue
A caddie has died at the Dubai Ladies Masters after collapsing on the course with a heart problem. Play was suspended for the day when Anne-Lise Caudal’s caddie, identified as Max Zechmann, fell ill on the 13th fairway. The players are said to be ‘shocked …
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2 Abu Dhabi banks to merge into largest Gulf Arab bank
DUBAI, United Arab Emirates – Stockholders at two Abu Dhabi banks have agreed to a plan to merge the firms, which would create the biggest bank in the Gulf. Shareholders at the National Bank of Abu Dhabi and First Gulf Bank voted Wednesday to approve the …
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Caddie dies, 1st round stopped and event shortened in Dubai
DUBAI, United Arab Emirates — A caddie collapsed and died during the Dubai Ladies Masters on Wednesday, forcing the suspension of the first round and shortening the tournament to 54 holes. The Ladies European Tour said play was suspended at 10:30 a.m …
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UAE says optimistic about non-OPEC commitment to cut output
DUBAI (Reuters) – The United Arab Emirates’ energy minister said on Wednesday that he was optimistic about obtaining commitments from non-OPEC oil producers to cut output at a meeting later this week to cement a global pact to limit supply. “We are …
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UAE energy minister: oil investment declined even at $50/barrel
ABU DHABI (Reuters) – The global oil market needs price levels which provide incentives to invest in production, and even at a price of $50 a barrel investment was declining, United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on …
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Islamic financing growth outpaces conventional banking in the UAE: Fitch
Islamic financing growth in the UAE has slowed in 2016, but remained above that of conventional banks on the back of enhanced recognition of Islamic finance and wider adoption of Shariah products, especially in retail, Fitch Ratings said. The share of …
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UAE- Millennials get a digital-only bank: CBD Now
(MENAFN – Khaleej Times) CBD Now will offer services that can be performed on a smartphone Commercial Bank of Dubai (CBD) on Saturday announced that it would launch the country’s first digital-only bank – CBD Now – to target millennials and digitally …
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UAE is the fourth-highest country that reads among 22 Arab nations
Dubai: The UAE is the fourth-highest country that reads among the 22 Arab countries surveyed in the Middle East North Africa (Mena) region, according to the Arab Reading Index released on Tuesday. The average UAE reader spends 57 hours reading 24 books per …
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Mohammad Bin Rashid hails ideal UAE-Saudi ties
Dubai: UAE-Saudi Arabia relations are better and stronger than they have ever been, and these relations set an example of how inter-Arab relations should be, said His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the …
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Dubai plans to open yet another amusement park
DUBAI, United Arab Emirates — A Dubai developer that recently opened the world’s largest indoor theme park now plans an even bigger attraction next door. The Ilyas and Mustafa Galadari Group said on Tuesday that its planned IMG Worlds of Legends park …
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Dubai Municipality revokes rule on transporting bodies
Following the report in Gulf News, they said, a senior official with Sharjah Police also took up the matter with Dubai Municipality officials concerned. “We have not had complaints related to transferring bodies embalmed in Dubai to Sharjah airport in …
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Abu Dhabi Police posting locations of mobile radars online
Abu Dhabi: Abu Dhabi Police are announcing the location of mobile radars on roads in the emirate across its social media platforms. The new initiative comes as an attempt to raise traffic awareness among motorists and make the roads safer by curbing speeding.
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Hedge fund Marcato takes Buffalo Wild Wings fight to franchisees
BOSTON (Reuters) – Hedge fund manager Mick McGuire on Tuesday took his fight for … along with the Houston Texans and Tennessee… Dubai’s IMG plans another record indoor theme park By Tom Arnold and Hadeel Al Sayegh DUBAI (Reuters) – Dubai’s IMG Worlds …
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Three Indians hack Dubai businessman’s bank account, steal 1 million dirhams
Three Indian men have been accused of stealing 1 million dirhams by hacking into a Dubai businessman’s mobile banking application after obtaining a duplicate SIM card using forged papers. The Indian trio, who have not been named — a 38-year-old worker …
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UAE ministry keen on Quinoa as future of food
“For us, what is important is to get the buy-in of the farmer,” Al Qasimi told Gulf News on the sidelines of a Dubai conference dedicated to the crop. “We’re not here to persuade them and [then] them reluctantly trying. What we’re trying to do …
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China considers UAE to be more than an end market
As China seeks to create global behemoths and focuses on developing its services sector, its economic and trade relationship with the UAE is also changing – from looking at the Emirates simply as an end market for goods to being a hub for finance and …
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