The Dubai Financial Market General Index (DFMGI) ended in positive territory last week, up 49.79 or 1.73 per cent to close at 2,931.59. This was only the first time in five weeks that the index ended higher and the third time in thirteen weeks. However, it …
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Insurers and financial advisers at war over who to blame for poor advice in the UAE
Discussions around poor financial advice in the UAE have ramped up in recent weeks as insurers and advisers battle it out over who is to blame. Friends Provident International, one of the biggest providers of expensive fixed-term investment plans, has …
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Dubai’s fintech accelerator opens applications for 2018
FinTech Hive at DIFC, a start-up accelerator in Dubai’s financial free zone the Dubai International Financial Centre, has invited applications for its 2018 programme starting May 20, it said on Saturday. The programme was launched last year in …
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UAE highlights the plight of Palestinians in Gaza
NEW YORK: In a strong statement to the UN Security Council, the UAE expressed concern with growing disrespect for international law around the world, and particularly in the Middle East, at an Open Debate on upholding international law and the maintenance …
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Halophytic vegetables catch on in the UAE
Dubai: Scientists at the International Center for Biosaline Agriculture (ICBA) have successfully started growing halophytic (salt-loving) vegetables in the UAE conditions, using reject brine from desalination units treated with fish effluents. It is the …
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The UAE rules the economic indexes
Dubai stands out in the area of connecting importers and exporters in the global markets, a fact boosted by its many ports and airports. Numerous countries find it absolutely necessary to do business with and via Dubai. In addition, the 2018 Index of …
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Flagship Dubai project 1/JBR set for end-2019 handover
Dubai Properties has said that its flagship project 1/JBR – taking shape on one of the final plots of land in the Jumeirah Beach Residence (JBR) district – is on track for handover by the end of 2019. The deveoper said in a statement that 1/JBR will “set …
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Buy or Rent a Home in Dubai?
However, rents are expected to see an uptick in 2019 and 2020. Market observers, therefore, believe now is an ideal time to buy property in Dubai before the US Federal Reserve increases interest rates, forcing mortgage buyers in the UAE to shell out more …
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Damac nears completion of Dubai tower construction
offering an immediate move-in experience in one of Dubai’s most sought-after areas,” said Ali Sajwani, general manager of operations at Damac Properties. “We are looking forward to adding Tower 108 to our growing portfolio of completed towers that …
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DUBAI, United Arab Emirates | Detained Saudi women driving campaigners branded traitors
DUBAI, United Arab Emirates—Just weeks before Saudi Arabia … activists say several women’s rights campaigners were also banned from traveling abroad. Immediately after news of the arrests broke, pro-government Twitter accounts were branding the …
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UAE digital bank plans to expand in other regional markets.
Summary: Liv., the lifestyle digital bank by Emirates NBD for millennials has completed its first successful year of operations. The post UAE digital bank plans to expand in other regional markets appeared first on Tahawul Tech. Liv., the lifestyle digital …
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Sharjah seeks closer Dutch ties after trade mission
state news agency WAM reported. The visit organised by Invest in Sharjah – the investment promotion agency of the emirate – is a follow up to the business roundtable in February, where Sharjah hosted over 150 Dutch investors, it added. The delegation …
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Abu Dhabi property market forecast to remain subdued
Abu Dhabi’s real estate market softened further in the first three months of 2018, with sales prices and rents for both apartments and villas still in decline throughout the UAE capital, according to Chestertons. Its residential market overview for Abu …
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Dubai, Sub-Saharan Africa trade growing
It takes time but once it happens it give rapid pace to the growth,” he said. The bank has an office at the Dubai International Finance Centre, offering trade finance for companies engaged in trade between the Middle East, Africa and Asia. Simmonds said …
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UAE Space Agency holds MeznSat Preliminary Design Review
The UAE Space Agency, working in partnership with Khalifa University of Science and Technology and the American University of Ras al-Khaimah, AURAK, has reviewed the preliminary design of the MeznSat 3U CubeSat, which is being developed to monitor and …
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UAE President adopts law to promote charitable work
The initiative is based on the awqaf concept of sustainable charitable endowment. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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IBPC in Dubai highlights efforts to strengthen UAE-India ties
The Indian Business and Professional Council, IBPC, in Dubai recently hosted a meeting in cooperation with the Dubai Chamber of Commerce and Industry, which commemorated the Year of Zayed, and highlighted the Council’s efforts to strengthen UAE-India …
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