Dubai: By any measure, there aren’t enough tourists to fill all the hotel rooms in the UAE. The latest data released by research firm STR showed that due to a slow influx of holidaymakers, coupled with a huge supply of new hotels, occupancy numbers, as …
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Motorbike users in Abu Dhabi fret parking fee may be on the way
The Department of Municipal Affairs and Transport (DMAT), which regulates transportation in the emirate of Abu Dhabi, however told Gulf News that bikers do not yet have to pay for parking as long as they do not block a full parking space. For now …
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Preview: Abu Dhabi Grand Prix – Round 21
7:26 – Abu Dhabi will again play host to Formula 1’s season finale in 2016, as Mercedes team-mates Nico Rosberg and Lewis Hamilton fight for the title. GPUpdate.net previews the action and lists the key facts. Abu Dhabi and the visually-stunning Yas …
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Dubai firm says not part of Amaya deal; files SEC complaint
Dubai-based investment firm KBC Aldini Capital Ltd. has “no involvement” whatsoever in the proposed multibillion dollar privatization deal for Canadian online gambling company Amaya Inc. and has filed a complaint with U.S. regulators, says its top …
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Cybercrime cost UAE Dh5.14b this year
The financial cost of cybercrime to the UAE has reached $1.4 (Dh5.14) billion to date this year, an increase of 4.9 per cent as hackers take advantage of consumer complacency, said an industry expert. Globally, the financial cost decreased by 16 per cent …
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Digital Detectives: UAE-Based Startup Comae Technologies
A routine Friday like any other was thrown out of gear for internet users in the US and parts of Europe in October when hackers disrupted access to some of the world’s best known and widely used websites such as Twitter, Netflix, PayPal and others.
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Mohammad Bin Rashid launches fund to finance innovative projects
Dubai: A fund to finance innovation projects has been created to boost the country’s approach towards innovation and facilitate the setting up of enterprises by innovative entrepreneurs. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President …
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Market speculations on upcoming bank mergers still afloat
“We do not have any information from any official source about this topic [the merger], and it has not been discussed with the bank’s management,” UNB said in its statement. Challenges in the UAE’s operating environment on the back of lower oil …
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Dubai rape claim woman's case dropped
A British woman, who was charged with having extra-marital sex in Dubai after reporting she was raped, has had all charges against her dropped. The woman was arrested and had her passport confiscated after she claimed she was raped by two British men.
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New Abu Dhabi-Dubai highway nearly complete
Abu Dhabi: A new 62-kilometre highway connecting Abu Dhabi and … project manager for the new highway at Musanada, told Gulf News ahead of a media tour. Musanada has been in charge of all construction on the new highway, and began the work in the first …
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Rain and dusty conditions forecast in UAE over next three days
The good news for those praying for rain is that some showers may come on Thursday and Friday. “Clouds will also start increasing on Wednesday in the northern and eastern parts of the UAE and will gradually approach some coastal areas between Abu Dhabi …
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Trump overseas business interests subject to new scrutiny
Those business interests have ranged from beverage sales in Israel to golf course developments in the UAE. Although the location of some of Trump’s foreign business deals could overlap with future foreign policy decisions, many of Trump’s foreign business …
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Dubai real estate prices to 'keep falling'
Dubai: Real estate prices in Dubai will continue declining in 2017, with a recovery only starting late next year, says property consultancy Cluttons. Home values in the emirate dropped 7.4% on an annual basis at the end of the third quarter and will …
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Dubai climbs innovation index rankings
… on Monday by the Dubai Chamber of Commerce and Industry and PricewaterhouseCoopers shows Dubai improving its ranking from 16 to 15 while outperforming business hubs such as Madrid, Milan, Shanghai and Moscow. New York secured the top position in the …
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Abu Dhabi 2014 revisited: How Lewis Hamilton triumphed in F1's first Duel in the Desert
Two years ago in fact, when the first exclusive battle for the world title between Lewis Hamilton and Nico Rosberg came down to a final-race shootout in the opulent surroundings of Abu Dhabi’s Yas Marina Circuit. On that occasion it was Hamilton in the …
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More UAE firms offer better gratuity pay
Dubai: Losing employees, or a high turnover rate, is bad for business. It just doesn’t have financial repercussions, it can impact employee morale. This is why organisations in the UAE are rethinking on the provision of end-of-service benefits (EOSB).
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Dubai improves innovation ranking — Dubai Chamber
He said innovation was crucial to the UAE’s economy, adding, “Looking at the rapid rate at which technology is evolving, it’s clear that any government or business that is slow to adopt an innovative strategy and solution eventually will find it …
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