Abu Dhabi: Upcoming infrastructure projects in Sharjah will encourage residents in the emirate to come out of their homes and cars, and enjoy life outdoors, a top official told Gulf News on Monday. “People just stop by cafes and order a coffee or tea …
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Reda Bedjaoui Discloses Optimized Alternative Investments within Alcoholic Beverage Market
DUBAI, UAE / ACCESSWIRE / January 22, 2018 / Globally, many high and ultra-high net worth individuals have earmarked between four and six percent of their overall asset allocation into alternative investments like private equity, hedge funds, managed …
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Bahrain’s Ithmaar Bank plans aggressive expansion in Pakistan
Dubai: Bahrain-based Ithmaar Bank plans to add more than 100 branches in Pakistan this year through its subsidiary Faysal Bank, to capitalise on the country’s low penetration rate of banking services, a senior executive said. Ithmaar Bank owns 66 per …
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Dubai introduces innovation fee
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai issued two laws for levying the knowledge and innovation fees of Dh10 each, to be collected by federal bodies for Dubai government …
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Bahraini bank plans aggressive expansion in Pakistan
Al-Mutawa was speaking after Ithmaar Bank’s parent company, Ithmaar Holding, listed on the Dubai Financial Market on Monday. The company is already listed in Bahrain and Kuwait. “The listing is good news for the company for growth capital and we are well …
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UAE-based real estate investment trust completes $210m deals
It said Abu Dhabi Islamic Bank has contributed 165 residential units located in … “This is our second REIT in the UAE to achieve critical size and attract key institutional investors and we are very pleased with the support we have received from our …
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Dubai Islamic Bank : celebrates first UAE National win in “Double Your Salary” Promotion
Dubai Islamic Bank (DIB), the UAE’s largest Islamic Bank, has announced the first UAE National as the grand winner in the fourth draw of its hugely successful ‘Double Your Salary’ campaign, held at DIB’s Reef Mall Branch. DIB’s ‘Double Your Salary …
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Abu Dhabi Commercial Bank Q4 net profit up 7%
Abu Dhabi Commercial Bank posted a 7 percent rise in fourth-quarter net profit … 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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NRI businessman uses Kerala minister’s name to threaten Dubai bank
Kochi: A Kerala minister’s name has allegedly been used to threaten the agent of a Dubai bank when it sought the repayment of a loan given to an NRI businessman. The bank’s representative in India has complained to the chief minister Pinarayi Vijayan and …
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ADEK Unveils Abu Dhabi’s Initiatives For The 2018 UAE Innovation Month
The Abu Dhabi Department of Education and Knowledge (ADEK) unveiled Abu Dhabi’s initiatives and activitiesto mark the2018 UAE Innovation Month, including Innovator 2018 and the Abu Dhabi Science Festival. Set to launch on 1st February 2018 for a period …
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Dubai announces launch of Dh2.5b waste-to-energy plant
Speaking to Gulf News he said the plant will be connected to Drew’s grid through HV 132kV cables. “This will be a new source of [power] supply for Dubai. This will improve security of supply,” said Al Tayer. The municipality has partnered with Swiss …
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Abu Dhabi gets bids for offshore oil
ABU DHABI: Abu Dhabi National Oil Co (Adnoc) received bids in the fourth quarter from international energy companies seeking stakes in offshore fields that pump about 25 per cent of the UAE capital’s crude. Adnoc is reviewing commercial bids from the …
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Dubai responds to accusations of acidic bottled water
Dubai: How safe is bottled water in Dubai? Authorities took to social media to assure residents that all bottled water is completely safe, after a flurry of rumours questioned the safety of mineral water. On its official Instagram account, Dubai …
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UAE Rulers offer funeral prayers of Shaikha Hessa
(Photo: Ahmed Kutty/Gulf News) Shaikh Maktoum Bin Mohammad Bin Rashid Al Maktoum, Deputy Ruler of Dubai; Shaikh Tahnoun Bin Mohammad Al Nahyan, Abu Dhabi Ruler`s Representative in Al Ain Region; Shaikh Surour Bin Mohammed Al Nahyan, Shaikh Nahyan Bin Zayed …
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Abu Dhabi property prices fall most in world
Abu Dhabi’s real estate market saw the biggest decline in property prices in the world in 2017, according to a new report. Knight Frank’s Global Residential Cities Index 2017 ranked the UAE capital 150th out of 150 cities covered, with an annual property …
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Dubizzle Property Sheds Light On Abu Dhabi Real Estate Supply And Demand In 2017
dubizzle Property, the UAE’s biggest and most visited property platform, has revealed the most popular areas for rent and sale in Abu Dhabi. With close to 100K daily visits and around 200K live listings at any given time, the platform shares insights …
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UAE, Saudi Business Confidence Dips
Business confidence in the UAE and Saudi Arabia dipped ahead of the launch of VAT due to concerns over increased consumer costs, according to a new survey. The survey of global CFOs and finance professionals conducted by the Association of Chartered …
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