Deloitte the business advisory firm launched the fourth annual Middle East Real Estate Predictions, Dubai, which predicts 2018 will be a year of change for Dubai’s real estate market, from the introduction of Value Added Tax (VAT) to the adoption of …
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EM, catastrophic bonds, hedge funds seen as options to invest
Dubai: There is money to be made in bonds … Another instrument which can provide value to clients are the hedge funds, and UBP expects hedge funds to come back in 2018 with full vigour. Hedge fund had been out of favour among investors due to subdued …
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UAE businessman signs up for ‘Giving Pledge’
Dubai: Billionaire Dr Shamsheer Vayalil based in the UAE, chairman of the VPS HealthCare Group, has signed up for Warren Buffett’s ‘Giving Pledge’ initiative, it was announced on Saturday. As part of the pledge, Dr Vayalil has promised to give away …
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Dubai: ‘best Wi-Fi’ access list includes Emirates
(MENAFN) Emirates has been included among thirteen airlines that provide 100% WiFi access on board in the Routehappy 2018 WiFi Report. Satellite-based broadband services are those that are recognized as the “best Wi-Fi”, for instance, systems which ViaSat …
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Mohammad launches 100% UAE-made KhalifaSat
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Saturday launched KhalifaSat, the first 100% Emirati-built satellite. It marks the UAE’s entry into the elite league of nations …
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Mohammad inspects 100% UAE-made KhalifaSat
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Saturday inspected KhalifaSat, the first 100% Emirati-built satellite set to be launched later this year. KhalifaSat marks the …
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2 new Dubai bridges to ease traffic to Karama and Trade Centre
“The Project is part of RTA’s master plan for the improvement of roads, bridges, crossings and underpasses to accommodate the growing traffic volumes, and ease the traffic movement in all parts of Dubai,” he said. “It is also part of the overall …
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Dubai Tour preview: Cavendish, Kittel and Kristoff set to debut in desert sprints
The 2018 Dubai Tour will again offer high-speed … Cyclingnews will provide extensive coverage of all the racing with interviews, news and exclusives during the five-day race.
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Dear Airports With Free Wifi: Up Your Game
That’s not the case everywhere, though there are plenty of airports where I think you can have a great experience as an economy passenger (Dubai, San Francisco, Singapore, etc.). One of the big improvements we’ve seen is free airport wifi becoming more …
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Emirates’ business class lounge in Dubai has showers, beds, and a full bar — take a look inside
Emirates operates three business class lounges in Dubai International Airport’s Terminal 3. The three lounges can accommodate more than 4,600 passengers at one time. The lounges are all equipped with marble floors, bars, dining rooms, gold-plated Rolex …
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Floating kitchen and seawater drive thru opens in Dubai
This is a new experience. This is Dubai. People come here to experience new things that they can’t find anywhere else in the world,” Koussei Kurbaj, owner of Salt Bay, told Gulf News. “We have food for Vegans, for burger lovers we have meat and …
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Dubai Mall restaurant signals new era for Wagamama in the UAE
He was speaking to Gulf News at the company’s new restaurant, which is located at the entrance to the mall by the fountains, some of Dubai’s most prime real estate for food and beverage. “They instead focused on other brands, instead of Wagamama.
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Employment slump sinks Abu Dhabi home prices
Abu Dhabi ranked last in Knight Frank’s latest quarterly Global Residential Cities Index assessing nominal residential property price growth around the world. Home values in the emirate collapsed more than 9 percent in the year to Q3 2017, the biggest …
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UAE mangroves the largest in the Gulf, study finds
After decades of conservation, the mangroves in the UAE have grown to become the largest in the Arabian Gulf coast, according to a new study. Analysis of satellite images acquired from the King Abdul-Aziz City for Science and Technology recently published …
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Sheikh Mohammed issues Decree regulating property sales
The Department of Land and Property in Dubai will issue the title deeds for the buyer only if all the conditions for the transaction are met. The Decree specifies the terms and conditions for selling inherited property, trading properties, purchasing …
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Dubai roads to close for five-day cycling tour
Dubai’s Roads and Transport Authority has announced a series of road closures throughout the city and wider UAE for annual cycling event the Dubai Tour. The closures will affect 870km of roads in total from 11:10am to 3:30pm over a period of five days …
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UAE’s Al Jaber Group said to be close to $1.6bn debt restructuring
Although the conglomerate, which was founded by the Al-Jaber family in 1970, has struggled since a downturn in construction hit the UAE after the global financial crisis, its outlook for 2018 onwards is positive, the company source told Reuters.
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