DUBAI, Aug 6 (Reuters) – Family-owned Qatari conglomerate Investment Holding Group IPO-INVH.QA plans to list on the local stock market next week in a sign that authorities intend to push ahead with developing Qatar’s financial markets despite a diplomatic …
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Crowdfunding set to revolutionise fund-raising for SMEs
However, the recent efforts of the Dubai International Financial Centre (DIFC) and its regulator, the Dubai International Financial Services Authority (DFSA), are giving it a formal framework that sets out the rules of the game. Crowdfunding is a generic …
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The Latest: Dubai high-rise fire began from clothing
Firefighters say a blaze on a Dubai skyscraper began from clothing left on a balcony. Capt. Amer Abdulwahab al-Qahtani of the Dubai Civil Defence told The Associated Press that Sunday’s blaze at the Tiger Tower began on the 53rd floor. He says …
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New phase of FAB brand roll-out begins
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has confirmed that the next phase of its brand roll-out will be launched during the second half of the year. During the coming months, the bank …
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Aramex announces resignation of board member
The company revealed this in a statement posted on the Dubai Financial Market’s website. Aramex’s second-quarter net profit to June 2017 grew by 4 per cent to Dh1.15 billion, compared to Dh1.1 billion in the same period last year. Net profits in the …
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Be cautious of public WiFi scams, says Dubai Police
Dubai Police has issued a warning about the dangers of using … “Cyber criminals will use every opportunity to infiltrate networks in order to gather personal and financial details. Quickly they can extract this information.” Cybercriminals use this …
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Saudi and UAE bourses flat, Qatar stocks fall
Stock markets in Saudi Arabia and Dubai were flat on Sunday after a mixed group of Saudi … citing a decrease in residential sales and higher financial charges. Al Andalus Property edged down 0.5 per cent. It reported second-quarter net profit of 27.6 …
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Protests outside UAE Embassy over terror funding allegations
… reported that some Gulf countries were used to receive funds from banks in Pakistan and UAE owned by the UAE royal family to allegedly finance terror strikes in the U.S. in 2001 and Mumbai in 2008. Banks like the Dubai Islamic Bank in UAE, and the …
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Indian man wins dirham 5 million in UAE draw
Dubai, Aug 6 (PTI) An Indian man in the UAE today hit a jackpot … better time for Thokachichu as he had been struggling to pay back his loans and was facing financial hardships. The Indian based in Ras Al Khaimah had been buying tickets for the draw …
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Housing in Abu Dhabi to cost only Dhs700 a month!
Housing units for low income earners will be introduced in Abu Dhabi, authorities announced on Saturday. With rents as low as Dhs700, the housing units aim to solve the problem of congested houses for bachelors and to prevent illegal partitions in villas.
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What are a tenant’s rights after a residential fire?
In the UAE, the responsibilities of the property owner and the property developer are mostly poorly understood, and the tenants expect to be covered by the insurance policy held by either the property owner or of the property developer. Generally …
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Looking for a job in UAE? Here’s the salary guide
Starting salaries for professional roles in finance and accounting, financial services, technology and administration in the UAE will grow by 2.5 per cent over the next year, according to the Robert Half 2017 Salary Guide. The guide is the most …
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Empower to Participate at World Green Economy Summit (WGES 2017)
The company is always keen to apply latest systems and technology in district cooling, which is one of the most important pillars of the transition to a green economy, due to the huge demand for cooling services within Dubai and the UAE that take major …
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Dubai Hospital Conducts Complex Open-Heart Surgery
Dr Esaaf Ghazi, Surgical Divisions director in Dubai Hospital, said: “Our hospital has been shouldering the pivotal tasks of providing advanced medical services with the highest technology, medical equipment and highly skilled manpower to deliver better …
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UAE leads in biggest commercial projects in GCC
“Dubai is where investors are snatching up exciting and forward … It will feature knowledge-sharing CPD (Continued Professional Development) certified talks covering Technology, Sustainability, Project Management and more. As well as an all new HVAC …
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UAE declares 2018 as the ‘Year of Zayed’
The UAE has declared 2018 to be the ‘Year of Zayed’ to commemorate … The aim is to invest in education that focusses on advanced technology, to build a system of ethical values for our future generations, to boost productivity of the national economy …
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Laying down the law for Dubai’s flying taxis
Dubai’s Road and Transport Authority (RTA … The Volocopter is unprecedented in the history of aviation, even though much of the technology is familiar. The aircraft is essentially a supersized drone, powered by 18 electric propellers and capable …
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