Abu Dhabi National Oil Co. plans to sell shares in its gas stations unit this year and list them on Abu Dhabi’s stock exchange, according to a person with knowledge of the matter. Goldman Sachs Group Inc., Morgan Stanley and EFG-Hermes are helping to …
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Rixos Hotels Debut in JBR With Urban Lifestyle Destination Rixos Premium Dubai
Dubai, a city where Arabic tradition meets urban lifestyle, has risen to become one of the most prominent holiday and business hub of the world. Rixos Premium Dubai hotel located at the heart of Dubai’s popular urban destination is redefining the core of …
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Cameron condemns populism in Dubai speech
Populist anti-European movement Cameron told delegates at the Dubai conference that “responsible capitalism” has a significant role to play in the course-correction. “We need business, big business, to step up to do far more, to deliver a fair …
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Dubai’s Majid Al Futtaim to hire 200 people
Dubai’s Majid Al Futtaim, the Middle East operator of French … CEO Alain Bejjani said in a telephone interview. The business has started hiring people who have worked for Yahoo, Facebook Inc and Google (part of Alphabet Inc) to staff the effort …
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Dubai Airports reveals technology plans as it aims to optimise efficiency across DXB
As passenger throughput continues to rise at Dubai International, technology is playing a vital role in enabling Dubai Airports to get the most out of existing facilities and improve the overall passenger experience. With global air traffic increasing year …
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Shangri-la Hotel Qaryat Al Beri, Abu Dhabi Celebrates The 10th Anniversary Of Its Annual Dragon Boat Festival 2017
Shangri-La Hotel, Qaryat Al Beri, Abu Dhabi, hosts the Annual Abu Dhabi Dragon Boat Festival for its 10th year in a row on 27th and 28th October 2017 to celebrate its highly successful decade-long presence in the hotel. As the host of the Abu Dhabi Dragon …
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Abu Dhabi wins ACI ’Best Airport in the Middle East’
Airports Council International (ACI) has awarded Abu Dhabi International Airport its ‘Best Airport in the Middle East’ and ‘Best Improved Airport: the Middle East’ awards at its annual ASQ awards. As reported before, these awards are designed to …
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Abu Dhabi Fund allocates $50m for Maldives Airport upgrade
ADFD has financed development projects to the tune of AED77 billion in more than 80 countries around the world through concessionary loans and Abu Dhabi government grants. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and …
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Microsoft Expands Partnership with Mashreq Bank on Digital Transformation
Microsofttoday announced it will expand its partnership with Dubai based Mashreq Bank to drive a bold digital transformation programme within the bank’s branches and digital services. Through the programme, which builds on Mashreq’s market-leading …
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Plague outbreak: UAE issues travel warning against African country
told the state news agency Wam. She also confirmed that there are no pneumonic plague cases in the UAE. The ministry urges residents who want to continue their trip to Madagascar to report to the travel clinics affiliated with the ministry, to receive …
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Khalifa University ranked top in engineering and technology in the UAE
Tags: Khalifa University of Science, Technology and Research (www.ku.ac.ae), United Arab Emirates Khalifa University of Science and Technology focuses on a number of key sectors through its research activities, including clean energy, oil & gas, IT, among …
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School community mourns loss of Sharjah boy
Police advisory Following Monday’s tragedy, Major Abdul Rahman Khatr, director of the traffic awareness branch at Sharjah Police, told Gulf News that parents should keep a watch over their children and not allow them to play in grassy or open areas …
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British tourist facing three years jail for touching man in Dubai bar records emotional video message
A BRITISH man facing three years jail for touching another man in a Dubai bar has recorded an emotional video message. Jamie Harron, 27, was sentenced separately to 30 days for being drunk and remains trapped in Dubai while on bail for a public indecency …
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Emirates Islamic inks wasl home finance deal
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, said it has tied up with wasl Asset Management Group to offer attractive home finance facilities for its park-side freehold master development in the heart of Dubai.
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Is income tax coming to the UAE? And what will happen if it does?
According to Undersecretary of MoF Younis Haji Al Khoori, the UAE Ministry of Finance announced on Tuesday that it was still in the process of preparing the executive regulation of VAT, in coordination with the concerned authorities. The Emirates News …
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UAE yet to determine VAT rates on goods
The UAE government is still in the process of preparing the executive regulation for value-added tax (VAT) and the rates on supply of goods and/or services and exports are yet to be determined, said a top Ministry of Finance official. The UAE MoF is …
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Taxation is Coming to the Tax Free United Arab Emirates: Dubai
Products covered by the new regulations include cigarettes and alcohol. Moreover, the UAE Ministry of Finance had also announced that a Value Added Tax on non-essential goods will take effect in January 2018. The implementation rate will be at 5 percent …
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