Dubai was able to achieve growth rates that exceeded that of developed economies despite the decline in oil prices. Growth in 2016 was supported by growth in key economic sectors, such as manufacturing, transport and storage, real estate, finance and …
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Holidays keep trading dull in UAE stocks
Dubai: The Dubai Financial Market (DFM) witnessed another subdued session on Sunday as lack of activity ahead of year-end holidays kept traders on the sidelines. The DFM closed 0.48 per cent down at 3,348.81 on Sunday. Khaleeji Commercial Bank, which saw …
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Dubai implements airspace restructuring project
Dubai: The Dubai Air Navigation Services (dans) said on Sunday it has implemented new air traffic management procedures that aim to enhance the emirate’s airspace capacity to meet strong demand in the coming years. In a statement, dans, the air …
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Dubai Startup Hub kicks off Youth Business series
Dubai: Dubai Startup Hub, an initiative of the Dubai Chamber of Commerce and Industry, recently kicked off its Youth Business Voice series with a workshop titled, “Understanding Legal Aspects of Starting a Business.” The event, hosted in cooperation …
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Dubai’s diving enthusiasts to form largest volunteer team
… by Shaikh Hamdan who had chosen to clean up the Dubai Marina during the launch of the Day for Dubai initiative, a senior official told Gulf News. Mohammed Mubarak Al Mutaiwei, assistant director general for Communication and Community Sector, said …
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Emirates Gas, Dubai Properties Commence UAE’s First Composite LPG Cylinders Project
Emirates Gas, a subsidiary of ENOC Group, will commence the installation, supply and distribution of composite LPG cylinders within Al Khail Gate’s residential community. The project is part of an agreement between Emirates Gas and Dubai Properties (DP …
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ROI on Dubai property still strong amidst softening rent and sales prices
Bayut.com hosted 94,000 listings from November 2016-November 2017. The prevailing trend in Dubai property is stable Returns on Investment (ROI) yet markedly lower rent and sales prices across most property types year-on-year. Average yearly rent in Dubai …
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TRA authorises use of 5G technology
The Telecommunications Regulatory Authority (TRA) on Saturday officially announced the implementation and use of IMT-2020, also known as the 5G, which is the fifth generation of broadband cellular network technology … of the UAE’s top strategic …
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UAE telecom watchdog launches 5G technology
The UAE’s Telecommunications Regulatory Authority (TRA) has announced the launch of 5G technology, with mobile operators expected to start deploying 5G networks in several phases starting from early 2018. The TRA has instructed operators to provide …
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TRA launches 5G technology in UAE
Dubai: The UAE’s Telecommunications Regulatory Authority (TRA) announced the launch 5G technology in the UAE, with mobile operators in the country expected to start deploying 5G networks from early 2018. In a statement on Sunday, TRA said that licensees …
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Diversification, Openness and Ease of Doing Business Reinforces Dubai’s Position in Global Economy
Dubai Economy has presented the ‘Dubai Economic Report 2017’ to all government entities and other agencies concerned following its approval by His Highness Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai. The report, which …
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GCC banking sector performance to be resilient in 2018 in slow growth environment
Dubai: The banking sector in the Gulf Cooperation Council (GCC) is expected to deliver a stable performance in 2018, reflecting strong financial fundamentals, particularly in the largest banking systems such as the UAE and Saudi Arabia, according to rating …
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Hydrogen-powered taxis to go on trial in Dubai
Dubai’s Roads and Transports Authority (RTA) is trialling the region’s first hydrogen-powered electric vehicles, according to the Dubai Media Office. The Toyota Mirai will be put to the test as part of Dubai’s taxi fleet, in collaboration with Al …
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Nadal out of season-opening Abu Dhabi event
(Reuters) – Rafa Nadal has withdrawn from next week’s season-opening exhibition event in Abu Dhabi due to ongoing fitness problems, the world number one has said. The 16-time grand slam champion, who won the French and U.S. Opens earlier this year …
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Rafael Nadal pulls out of Abu Dhabi event to focus on Australian Open
Rafael Nadal cited fitness issues as the reason for his withdrawal from next week’s season-opening Mubadala World Tennis Championship in Abu Dhabi. Nadal, last month, withdrew from the ATP Finals with knee injury after losing his opening match to first …
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Rahul Gandhi’s UAE visit postponed
Punnakkan Mohammad Ali, general secretary of INCAS UAE committee, had told Gulf News that Rahul will visit the UAE after attending the Biennial International Convention of GOPIO (Global Organisation of People of Indian Origin, a global networking platform …
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Unlimited investment opportunities in Dubai’s real property market, says ARENCO Real Estate
Arenco Real Estate, part of A.A. Al Moosa Enterprises and ranked among the top 10 unlisted private real estate companies in the Arab World, sees a stronger real estate market for Dubai in the coming years due to unlimited opportunities that are open and …
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