Dubai: Expectations on UAE banks are modest as they start declaring first quarter results from this week. However, banking analysts expect to see signs of improvement in asset quality and profitability starting this quarter. With most banks continuing …
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Nasdaq Dubai optimistic about 2017 after robust performance
Dubai: After many achievements last year, Hamed Ali, the chief executive of Nasdaq Dubai still has a full plate and is optimistic about 2017. Just over three months into the year, Nasdaq Dubai is on a firm footing with six listings so far. “We are …
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Careers UAE provides ideal platform for best Emirati jobseekers
DUBAI: The 17th edition of Careers UAE, the country’s leading recruitment exhibition for Emiratis, opens at Dubai World Trade Centre (DWTC) on Sunday, where scores of public and private sector organisations from the region and across the world are …
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Dubai-based Filipino to run in the ‘toughest foot race on earth’
Dubai: A Dubai-based Filipino safety engineer is embarking on … I wanted others to benefit in the process,” Cipriano, also a published poet, told Gulf News. He then asked his long-time friend Amor Bautista-Baylosis, and her husband, Budo, to join …
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UAE backs US air strikes against Syrian regime
ABU DHABI: The UAE has expressed its full support to the US military operations against the military targets in Syria, in response to the Syrian regime’s use of the chemical weapons against innocent civilians that claimed dozens of lives, including …
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How the levy of VAT will impact UAE's property…
The rules governing buying and leasing of property in the UAE varies significantly, depending on where the property is located. There are seven autonomous emirates, including Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Fujairah, Umm al Quwain and Ajman, and …
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Most UAE expats to enjoy better money transfer rates this year
Dubai: Many expatriates in the UAE will continue to benefit from favourable exchange rates for the rest of the year as the US dollar is forecast to strengthen further. The American currency has been on a winning streak against a number of currencies from …
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UAE pledges $68m to support Syrian refugees
The UAE has pledged Dhs250m ($68m) to support education for Syrian refugees. State news agency WAM reports that the sum was announced at the Supporting the Future of Syria and the Region conference in Brussels on Wednesday and is intended to help Syrians …
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Indonesia seeks $10b in investments from UAE
ABU DHABI: Indonesia is targeting $10 billion (Dh36.7 billion) investments from the UAE in a wide range of sectors including oil and gas, hospitality and power generation, the country’s ambassador, Husin Bagis, told Gulf News in an interview on Thursday.
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Business Growth in UAE’s Private Sector Taps 25-month Highs
The UAE’s non-Oil private sector registered strong growth in March, in line with the trend so far this year, according to Emirates NBD’s monthly survey. Growth in the sector was led by expansion in business activity, which touched a 25-month high, the …
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Hyperloop One begins hiring as it prepares to open Dubai office in September
“We are set to open our first international office here in Dubai in September,” he told Gulf Business. “The focus [in the local office] will on be on project development, engineering, prototyping – basically everything we do in Los Angeles.
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Apparel, footwear largest retail segment in Dubai
Dubai’s apparel and footwear market, valued at $11.5 billion in 2016, accounted for the largest share of the emirate’s retail sector, according to new analysis released by the Dubai Chamber of Commerce and Industry during the 11th World Retail Congress …
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Exova, McDermott sign deal for testing services
Exova, a global testing company, has been awarded a contract with McDermott to deliver a range of testing services for offshore fabrication projects in the UAE’s oil and gas sector. McDermott is a leading provider of integrated engineering, procurement …
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UAE's flydubai continues partnership with Germany's Recaro Aircraft Seating
Dubai-based carrier flydubai and the German aircraft seat manufacturer Recaro Aircraft Seating will continue their long-standing partnership, the two companies announced today at the Aircraft Interiors Expo in Hamburg. The carrier will equip its new Boeing …
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Local father and son to compete in jiu-jitsu competition in Abu Dhabi
The World Professional Jiu-Jitsu Championship takes place in Abu Dhabi between April 18 and 22. CTV News has learned event organizers have set up a special father-son match at the competition that will be televised.
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Can Dubai achieve a happiness revolution without addressing its labor issues?
More posts by this contributor: How mobile technology is transforming lives in rural India It takes more than a village In the novel Desperate in Dubai, Ameera Al Hakawati wrote: “Dubai is… after all, a lonely, transitory place. It’s hard to maintain …
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UAE Ministry of Finance signs MoU with Sabah Al-Ahmad Center for Giftedness and Creativity
As part of its commitment to strengthen joint cooperation and exchange expertise on innovation, the UAE Ministry of Finance (MoF) signed a Memorandum of Understanding (MoU) with Sabah Al-Ahmad Center for Giftedness and Creativity (SACGC). The signing took …
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