Dubai Financial Market (DFM) in partnership with the Canadian … We are extremely excited as we will be welcoming First Abu Dhabi Bank and Emirates NBD to our fold as partners in this venture.” Successful traders and reputable financial firms are …
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Dubai Holding unit is said to seek $572m for refinancing
Dubai Holding’s Emirates International Telecommunications … The company, which owns stakes in Axiom Telecom and Du, is speaking to lenders including Emirates NBD PJSC, Noor Bank PJSC and Commercial Bank International PSC about a club loan, said the …
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Modi inaugurates summit and a temple during whirlwind UAE visit
Modi praised the UAE, home to 3.3 million Indian nationals … Highlighting his government’s cutting-edge initiatives, such as a unified ID system linked to mobile phones and bank accounts, Modi appeared right at home in the tech-obsessed emirate.
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UAE Product Awards 2018
The annual Banker Middle East UAE Product Awards are designed to recognise banking and financial products and services that are either exceptionally innovative or have witnessed excellent financial performance and/or transference of market share.
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Ripple lands largest Middle East client in UAE Exchange
UAE Exchange follows in the footsteps of India’s Axis Bank, which also recently joined the RippleNet messaging system to speed remittance flows between India and the Middle East through an arrangement with the UAE’s Rakbank.
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Abu Dhabi International Airport to Offer Flight Updates via Twitter and Facebook
Twitter users travelling to and from Abu Dhabi International Airport can now receive real time flight updates to their Twitter and Facebook accounts, thanks to a new service called BizTweet launched this week by Abu Dhabi Airports. Abu Dhabi Airports …
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UAE Exchange Partners with Ripple for Instant Cross-Border Payments
Through this partnership, UAE Exchange joins RippleNet, Ripple’s enterprise blockchain network with over 100-member banks and financial institutions. Leveraging the strengths of Ripple’s leading enterprise blockchain solution for payments, which …
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Weaker dollar increases affordability of UAE real estate, analysts say
“Looking at the top buyer groups, where the currency is not pegged, who invest in UAE property we can see that on a currency basis alone, compared to January 2017, Indian rupee-denominated buyers would now find purchasing property in the UAE 6 per cent …
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Dubai Investments Plans IPO of Emicool Unit
Dubai Investments PJSC plans to sell shares in its cooling unit Emicool in the fourth quarter and aims to start a 3-billion-dirham ($817 million) real estate investment trust as it seeks to boost profit. Chief Executive Officer Khalid Bin Kalban told …
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Abu Dhabi financial regulator may create framework for virtual currencies
The regulator of Abu Dhabi’s international financial center said it could create rules for exchanges handling virtual currencies, in a sign that authorities in the UAE may allow trade in cryptocurrencies such as bitcoin to develop. The Financial Services …
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Four Seasons Abu Dhabi appoints new GM
Four Seasons Hotel Abu Dhabi at Al Maryah Island, the luxurious waterfront property located on Abu Dhabi’s upscale business and lifestyle destination, has welcomed Olivier Thomas as the new general manager. With over 20 years of experience in the luxury …
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In Dubai, PM Modi Reveals the 5Es and 6Rs of Governance and Technology
Prime Minister Narendra Modi reacts during his speech at the World Government Summit in Dubai, United Arab Emirates on Sunday. (AP/PTI photo) Dubai: Prime Minister Narendra Modi on Sunday cautioned against the misuse of cyberspace to ensure they do not …
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Indian Premier Joins World Leaders to Champion Technology and Reform at World Government Summit 2018
DUBAI, United Arab Emirates–(BUSINESS WIRE)–Indian Prime Minister Narendra Modi championed technology as a means of development and warned of its potential to be used as a means of destruction in his address at the sixth World Government Summit (WGS …
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AI to power UAE growth
The UAE will benefit most from the ongoing transformative technology revolution in the Middle East, where artificial intelligence (AI) is poised to contribute $320 billion (Dh1.2 trillion), equivalent to 11 per cent of the regional GDP by 2030, a research …
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UAE Launches Humanitarian Aid Databank at World Government Summit
DUBAI, United Arab Emirates–(BUSINESS WIRE)–The UAE today launched a humanitarian logistics databank at the World Government Summit (WGS) in Dubai. Announced by HRH Princess Haya bint Al Hussein, Chairperson of the International Humanitarian City …
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How To Start A Business In Dubai: A Complete Guide
The emirate of Dubai is considered a favourable business destination for foreign investors to start their own businesses and companies. Dubai’s booming economy is what makes it appealing to investors to open new branches of their businesses there or …
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Dubai’s Careem to offer lower ride rates in Abu Dhabi
The change will mean Careem’s offering expands to economy, business and minivan services and has a similar pricing structure to that in Dubai. Al Nahlaoui did not disclose the exact fares but they are still expected to be 30 per cent more expensive than …
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