DUBAI (Reuters) – Saudi Arabia’s inclusion in global equity … This should help Riyadh rebuild its financial reserves and fund investment plans after the 2014 plunge in oil prices that cut export earnings and deprived the banking system of funds.
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Bank manager defrauds customer of Dh26m; jailed
Dubai: A bank branch manager has been jailed for five years and fined Dh26 million for embezzling an equivalent amount from a businessman using deceptive methods and forged documents over four years. The Emirati branch manager and his countryman …
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Dubai Municipality will not hike service fees
Dubai: Dubai Municipality will not increase the service fees for traders, Dawood Al Hajiri, director-general of the municipality, said after meeting with the traders from different categories in the city on Wednesday. The “Dubai Municipality Forum with …
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Dubai Police launch free security consultation service
Dubai: With one phone call, people in Dubai can get a free security consultation and advice without the need to walk into a police station, thanks to the latest Dubai Police service on non-emergency number 901. Members of the public can dial 901 to get a …
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Ethnic dance performances mesmerise crowd in Sharjah
Sharjah: The heavy sounds of drums and musical instruments echoed off the walls of Heart of Sharjah as dancers stomped their feet, clapped and swung around in circles, flashing colours with music and melody in the background. This year, Sharjah Heritage …
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Dubai Developer Offers 24 Percent Guaranteed Rental Returns to Attract Realty Investors
Gemini Property Developers, a Dubai-based boutique real estate developer, has announced a 24 percent guaranteed rental returns for the first three years to investors of the Dh300 million Gemini Splendor at MBR City, with handover of the apartment in just …
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RAK Properties sets new benchmark of excellence in Ras Al Khaimah
Arabian Business hosted the Arabian Business Real Estate Awards in Dubai to honour businesses and business leaders who are visionaries and pioneers in real estate. The awards recognise outstanding achievements and accomplishments in the sector which is one …
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Five things to know about Dubai real estate projects completing in 2018
The city’s latest building boom is resulting in a number of projects that will be handed over this year The city’s latest building boom is resulting in a number of projects that will be handed over this year 2 of 6 1. Burj Vista Apartments: Developed by …
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Gulf News subscribers get a surprise on Akshaya Tritiya
Dubai: Indian expatriate Ganesan Mani was planning to buy a surprise gift for his wife — a diamond or gold jewellery — on Akshaya Tritiya for her birthday on Sunday, but the surprise gift came from Gulf News ahead of her big day. Mani was just one of …
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Uncertainty looms over watching the FIFA World Cup in UAE
Dubai: Suspense has been brewing over how to watch the FIFA World Cup in the UAE. Hello Kenna, Appologies for the inconvinince, please note that World cup package is not yet announced for bein channels on du TV, stay tuned and we will announce the World …
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Prabhudeva all set to get the UAE grooving
He prefers to let his dance do all the talking. But in an interview with Gulf News tabloid!, he promised that the show will be one of the most spectacular dance performances of his life. “It will be a night where pure dance will be celebrated… It’s a …
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Dubai Chamber Examines Business Opportunities in Chendgu During Recent Trade Mission
The Dubai Chamber of Commerce and Industry recently organised a trade mission to Chengdu where delegates explored prospects for boosting economic cooperation between Dubai and China’s Sichuan Province. The Chamber-led delegation, represented by top UAE …
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Dubai Islamic Q1 profit surges 16pc to $330m
Dubai Islamic Bank, the first Islamic bank in the world, has posted a net profit of Dh1.211 billion ($330 million) for the first quarter of 2018, up 16 per cent compared with Dh1.042 billion for the same period last year. Total income increased to Dh2.697 …
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Nakheel to sell 1,150 apartments near Dubai’s Dragonmart
MADRID: The property developer Nakheel is set to begin selling about 1,150 apartments in a major tower development to be built at its Dragonmart retail complex on the outskirts of Dubai. The Palm Islands developer is tendering the project, which was …
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Aldar to launch $2.7bn mega project near Dubai-Abu Dhabi border
Aldar Properties has announced the launch of a new AED10 billion ($2.7 billion) masterplan that will incorporate and greatly enhance one of its already established destinations – Alghadeer, which sits close to the border of Abu Dhabi and Dubai.
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Kerzner plans new One&Only property in Dubai
Dubai does it again – One&Only hotel will be part of the One Za’abeel development which has the world’s largest cantilever – it ‘floats’ 100 metres above ground… The group will launch a hotel within the One Za’abeel development, seen as Dubai’s …
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Emaar Properties : Mega-malls? Think ‘village squares and parks,’ says Emaar boss
Mohammed Alabbar, chairman of the Dubai-listed Emaar real-estate company: ‘You should update your business as often as your phone.’ (AFP) The nature of entertainment was also changing fast, he said. “We are designing malls now with parks, music …
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