Dubai-based contracting giant Drake & Scull International (DSI) has announced that it has successfully completed the restructuring of its corporate general bank debt in the UAE. The company said in a statement that it has also secured new credit lines and …
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UAE to distribute 70% of VAT revenues to local governments
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‘Scavenger hunt’ launched in Dubai
Dubai: A city-wide scavenger hunt has been launched to celebrate the life and legacy of Shaikh Zayed Bin Sultan Al Nahyan, the UAE’s Founding Father, giving residents a chance to win exciting prizes, including a volunteering opportunity overseas. Dubai …
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Host Of International Stars To Perform At Marina Mall Abu Dhabi For MBC’s ’Got Talent Live’ Show
Marina Mall Abu Dhabi is to welcome the international stars of TV’s most popular talent show to the capital for seven-days of amazing, fun-filled performances from January 14th-20th. The ‘Got Talent Live’ show will see winners or runners-up from previous …
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Dubai Metro closure: Commuters seek more buses
Dubai: Commuters are coming to terms with the partial closure of Dubai Metro’s Red Line, which came into effect on Friday to allow for the reconstruction of the Nakheel Harbour and Towers station as part of the Route 2020 project. The Roads and Transport …
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UAE central bank says enough coins in circulation amid overcharging concerns
The UAE’s Central Bank has said the country has sufficient small coins in circulation following concerns consumers were being overcharged for some products following the introduction of value added tax. Last week, the Department of Economic Development …
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Revealed: Fixit app aims to help Dubai tenants resolve urgent problems
A Dubai-based real estate broker has devised a new property management system which will give tenants an instant communication channel to resolve urgent maintenance problems. The system, conceived by fäm Properties in Dubai will transform the way real …
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Property shares gain traction on UAE bourses
After buying in banking shares, property stocks were in demand and witnessed a good amount of accumulation on UAE bourses. Dubai index closed above the 50-day moving average of 3,460, instilling further confidence among traders, who were looking to buy …
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Luxury is high on the spending priorities of GCC visitors to the UAE
The UAE’s retail sector has a synergistic relationship with tourism — visitors seek out the country for its variegated shopping options and the retail sector’s growth is closely tied to visitor spend. Due to ease of movement, proximity and other …
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Sharjah Ruler inspects projects in Shis
Sharjah: His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, yesterday (Sunday) inspected a number of vital projects and road and infrastructure networks currently being developed in Al Shis. Dr Shaikh Sultan …
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Dubai Police auction unclaimed items
Dubai: Dubai Police’s Lost and Found Department earned Dh3.86 million by auctioning 5,500 unclaimed items last November. Among the auctioned items were a Vertu mobile phone worth Dh60,000, a jet ski, a kayak and an electric generator. “All Dubai Police …
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DEWA organises solar PV training as part of ‘Shams Dubai’
Dubai Electricity and Water Authority (DEWA) organised the 11th Solar PV Expert training for specialised consultants and contractors. A total of 378 engineers and technicians have received the Solar PV Expert Certification by end of 2017. This is part of …
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Indian man wins Dh12m in Abu Dhabi’s Big Ticket draw
Abu Dhabi: An Indian man became an instant multi-millionaire on Sunday after winning Dh12 million in the latest Big Ticket raffle draw in Abu Dhabi. Hari Krishnan, an Indian resident of Dubai, hit the jackpot at the draw held in Abu Dhabi International …
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First solar panel maker sets up factory in Dubai free zone
Maysun Solar has become the first photovoltaic panel producer to set up a manufacturing facility in Dubai’s Jebel Ali Free Zone (Jafza). Maysun Solar currently manufactures 5,000 solar panels a month with a capacity to generate 40 megawatts of electricity.
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Dubai Safari Welcomes UAE Dignitaries
Dubai Safari, home to the most diverse array of animals in the UAE, today welcomed UAE dignitaries and VIPs. Eng. Hussain Nasser Lootah, Director General of Dubai Municipality, along with other members of the Dubai Safari team welcomed the UAE dignitaries …
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How this project can ease traffic between Sharjah and Dubai
Dubai: A massive bridge between Sharjah and Dubai is already 70 per cent complete … cent complete and will be ready by the third quarter of 2018, according to the news agency Wam.
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No small change even in UAE banks and hypermarkets
and 10 fils — but even some big supermarkets and banks in Dubai, Gulf News can reveal. The issue of not getting the small change back is getting public attention when the five per cent Value Added Tax (VAT) was introduced on January 1 in the UAE.
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