Palm Jumeirah island in Dubai. Photograph: MC Films/Rex Features At £400 a night, a stay at the Sofitel hotel on the manmade Palm Jumeirah island in Dubai does not come cheap. Holidaymakers are lured with beachfront suites, a round-the-clock butler …
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UAE-India partnership on skills development and certification
Navdeep Suri, the Indian Ambassador to the UAE, told Gulf News on Monday that the partnership will help India better understand the UAE’s requirements for skill certification for various skilled workers such as plumbers, electricians, carpenters …
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Abu Dhabi finances Dh708m city in Afghanistan
Abu Dhabi: Afghan President Mohammad Ashraf Ghani inaugurated Shaikh Khalifa Bin Zayed City Housing Complex in Afghanistan on Sunday. The project has been funded by Abu Dhabi Fund for Development (ADFD). Located in the Qasaba district of Afghanistan’s …
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DFM to see listing of 2 Reits to push alternative finance for property
Dubai Financial Market plans to list two Real Estate Investment Trust (Reit) later this year, playing its part to push for alternative financing methods in the proposed Mortgage Law under the stimulus package, that intends to create greater depth in the pr …
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Malaysian foundation wins Sharjah’s award for refugee support
Sharjah: The Malaysian foundation ‘Dignity for Children’ has won the 2nd Sharjah International Award for Refugee Advocacy and Support, The Big Heart Foundation (TBHF) announced on Monday. ‘Dignity for Children’ was selected for its performance as a …
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After 2 Years of Volatility, Dubai Residential Rents Start to Stabilize
This marks the first stable quarter for rents in the emirate in over two years. Cluttons’ Dubai Spring 2018 Property Market Outlook reports that while the rental market has shown signs of stabilizing, the growing volume of off-plan investment stock …
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Dubai to get exclusive student housing community
Rao said students staying at The Myriad Dubai in the summer semester, or returning home while keeping their room, will be offered a “subsidised lease”. The rent will include utility and WiFi bills. All rooms will have an en-suite bathroom. Regarding …
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Abu Dhabi, Shanghai plan exchange focusing on China trade
according to Beijing’s official Xinhua news agency. Ultimately, the new exchange will support not only the Belt and Road initiative but also the internationalization of the Chinese yuan in the region, Teng said. Abu Dhabi is trying to build up ADGM …
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BR Shetty consolidates financial brands with new holding company
UAE billionaire businessman Dr. Bavaguthu Raghuram Shetty has launched a new UK-based holding company which will consolidate his global portfolio of financial services brands including UAE Exchange, Travelex, Xpress Money and others. Finablr, which will …
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UAE-based financial services conglomerate consolidates under new holding company
Dubai: The UAE based financial services conglomerate that includes, UAE Exchange, Travelex and Xpress Money on Monday announced the creation of a new holding company, Finablr, consolidating various financial services companies and brands under one umbrella.
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UAE billionaire BR Shetty sets up financial holding company
The UAE-based billionaire Dr. BR Shetty has created a new holding company, Finablr, bringing all of his global portfolio of financial services brands under this company. The company has been incorporated in the UK but will be headquartered in the UAE, said …
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Financial services holding firm Finablr set up
Noted UAE-based businessman Dr Bavaguthu Raghuram Shetty has announced the creation of “Finablr”, a new holding company which, subject to regulatory approvals, will consolidate his global portfolio of financial services brands under one single umbrella.
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Major UAE Bank Implements Blockchain Tech To Prevent Check Fraud
The National Bank of Dubai (NBD), one of the largest banking groups in the Middle East by assets volume, has reportedly become the first bank in the region to successfully implement Blockchain technology in a check-issuance system to prevent fraud, local …
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Now, go around in a three-wheeler in Dubai
Dubai Financial Centre as well as Jumeirah Beach Residence. “We are launching this as a pilot with Careem and believe this can be a great solution for short rides and last mile,” said Dr Yousuf Al Ali, CEO of DTC, while speaking to Gulf News after the …
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Cityscape Abu Dhabi show is a bellwether of a recovering property market
The UAE’s real estate developers engaged in a flurry of activity at this year’s annual Cityscape Abu Dhabi exhibition – despite a string of reports that have forecast continued declines in sales and rental values across the country until the end of 2018.
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Dubai property prices fall faster, Abu Dhabi holds on
Dubai property prices are falling at increased speed. The Dubai Residential Property Sales Price Index for all residential estates decreased by 2.6 points, from 248.7 to 246.1, which represents a decline of 1.05 per cent in March 2018, according to the …
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Finablr Launched To Accelerate Customer-Focused Technology Innovations
As a diversified network, Finablr will combine the cumulative industry expertise of its trusted network brands including UAE Exchange, Travelex, Xpress Money etc. to deliver innovative-technology-driven and market-leading experiences. As a platform of …
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