a premier event for solar industry in Dubai, UAE is expected to advance solar power generation in the Middle East. The first edition of the event will be held under the patronage of the Ministry of Energy alongside the largest construction show in the …
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Sharjah International Children’s Film Festival concludes
Sharjah: The Sharjah International Children’s Film Festival (SICFF) organised by ‘FUNN’, Sharjah Media Arts for Youth and Children, has concluded its last series of film screenings and activities in Al Thaid, Al Madam, Al Hamriya and Al Bataeh. The …
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Dubai Police Transfers 100 Percent of Services to Smart Technology: Smart Dubai
Dubai Police has successfully shifted 100% of its services and transactions to smart technologies, announced Smart Dubai, adding that there has been noticeable progress across all government bodies in embracing hi-tech solutions. This achievement adds to …
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Middle East financial market industry prepare to brace for change
Mohammed Al Hashemi, Chairman of the UAE Financial Markets Association, organisers of the 42nd ICA Conference, officially opened the event alongside Taher Khalifa, Chairman of the International Cambist Association (ICA), welcoming hundreds of local …
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Dubai’s Noor Bank To Step Away From Unsecured SME Lending
Dubai-based Noor Bank will move away from unsecured lending to SMEs after being impacted by a rise in bad debts within this sector. One of the UAE’s bigger banks has said that it would move away from unsecured lending to small and medium-sized …
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Emirates Islamic eyes strong growth in retail banking business
… the backdrop of low single digit loan growth in the UAE in 2017, Emirates Islamic is targeting strong growth in retail financing business next year, Wasim Saifi, Deputy CEO, Consumer Banking and Wealth Management of Emirates Islamic told Gulf News in …
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Selfdrive.ae Launches Electric Cars for 5 AED per hour in Dubai, UAE
Becomes first online self drive rent a car company in UAE to host Electric Cars SelfDrive.ae announced the launch of a new segment of all electric cars (E-Cars) to its online fleet of Self Drive car rental in Dubai. In a unique initiative to promote E-Cars …
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ADNOC’s distribution unit could raise as much as $2bn in IPO
distribution unit set an indicative price range for its initial public offering (IPO) that could raise as much as $2bn to become the biggest listing in the UAE since 2007. ADNOC Distribution set an indicative price range of between Dhs2.35 ($0.6400 …
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Does UAE’s banking sector deserve to be given credit or not?
The UAE’s banking sector will see growth strengthen in 2018, and remain fairly robust in 2019, as the economy at large benefits from higher oil prices and easing oil production curbs. Total assets growth and client loans growth both decelerated in June …
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Abu Dhabi’s Adnoc Seeking Up to $2 Billion With Unit IPO
The crude producer will price the IPO of Abu Dhabi National Oil Co. for Distribution PJSC in a range of 2.35 dirhams (64 cents) to 2.95 dirhams a share, according to an advertisement published in Gulf News. Based on that estimate, the unit is valued at $8 …
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Dubai roads clogged with accidents, delays
Dubai: Motorists faced a bleak start to the week on Sunday due to multiple traffic accidents and heavy congestion across a number of routes in Dubai. An accident was reported on Financial Centre Road in the direction towards Dubai Mall, which led to slow …
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Pay as you throw waste fee for all Dubai buildings soon
Dubai: A new ‘pay as you throw’ waste fee is coming soon for Dubai buildings, Gulf News has learnt. All buildings in Dubai will soon be charged for waste collection as Dubai Municipality has decided to outsource the service to the private sector …
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UAE’s Manazel set to hand over Abu Dhabi villas
The handover follows on from the Al Reef 1 which now houses 17,000 residents. 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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Dubai and Australia team up with fintech initiative
The Dubai Financial Services Authority (DFSA), the financial regulator of the Dubai International Financial Center (DIFC), tied up with the Australian Securities and Investments Commission (ASIC) to put in place a regulatory framework for cooperation on …
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UAE investment firm Amanat names new chairman, MD
Vayalil added: “Amanat has the potential to become a game changer in healthcare and education, not only in the UAE but on the global stage. “Both sectors are ripe for investment and with Amanat’s strong financial position, now is the time to …
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Dubai Financial Market : UAE bourses to revive on Emaar Development’s listing – Analysts
Dubai – Mubasher: The UAE bourses are expected to bounce on Wednesday in line with Emaar Development’s listing on the Dubai Financial Market (DFM). Emaar Development is the second firm to be listed on the DFM in 2017 after Orient UNB Takaful which went …
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Middle East financial markets bracing for change
UAE. The UAE Financial Markets Association is challenging the region’s investment bankers, traders, treasury managers and finance professionals to brace for change amid the rise of populism in the West and the sharing economy grows. Mohammed Al Hashemi …
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