ME by Meliá has announced its debut property in the Middle East with the launch of ME Dubai at the end of 2018. Designed by late architect, Zaha Hadid, ME Dubai is set to become a legacy hotel. It is the only hotel project where she personally designed …
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Solar power reaches Dubai’s chickens
A new solar power plant has been installed at Emirates Modern Poultry (Al Rawdah) farm in Dubai, providing power for more than 45,000 birds. The poultry farm, located 40 kilometres from Dubai, spans 538 hectares and is the UAE’s first such facility to …
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Cluttons: Affordability And Favourable Payment Terms Driving Activity In Abu Dhabi Real Estate Market
Residential Market Cluttons Winter 2017/18 Abu Dhabi Property Market Outlook report indicates that the rental market has been relatively more buoyant than the sales market, with higher levels of activity compared to this time last year. A lot of demand …
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Business Confidence in Dubai Improves on Stronger Demand
Businesses in Dubai are more upbeat about the final quarter of 2017 compared to the previous quarter, driven by increased demand during the winter months. The quarterly survey of Dubai Economy showed the composite Business Confidence Index (BCI) in the …
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Salvator Mundi: Abu Dhabi bought the $450 million da Vinci painting
Abu Dhabi’s Department of Culture and Tourism confirmed Monday … Start your day right with the latest news driving global markets, from major stock movers and key economic headlines to important events on the calendar. Daily newsletter, Sunday through …
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Kim Sullivan: My trip to Dubai
Dubai. What an adventure. It’s definitely a grandiose and spectacular place. Architecturally, you’d be hard-pressed to find a city so diverse and impressive, with the world’s largest tower, malls, a Ferris wheel and an indoor theme park. READ MORE …
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Kim Sullivan’s Arabian adventure through the dunes of Dubai
Dubai. What an adventure. It’s definitely a grandiose and spectacular place. Architecturally, you’d be hard-pressed to find a city so diverse and impressive, with the world’s largest tower, malls, a Ferris wheel and an indoor theme park. READ MORE …
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Dubai World Superseries Finals 2017: When, Where, TV Listing and Draw
New Delhi: The Dubai World Superseries will be the final tournament of the 2017 BWF Super Series. PV Sindhu and Kidambi Srikanth will represent India in this tournament. Srikanth is currently ranked fourth in the Men’s Singles category, meanwhile …
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Which country leads MENA IPO activity?
The IPO of Al Ahlia Insurance Company raised US$ 19.5 million … Panellists included Fahima Al Bastaki, Executive Vice President and Head of Business Development, Dubai Financial Market; Hassan Hijazy, Senior Vice President, Investment Banking; Andrew …
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Dubai Customs’ Consultative Council Discusses Means of Boosting Cooperation in 2018
Director of Dubai Customs (DC), Chairman of Dubai Customs’ Consultative Council, the Council’s third meeting in 2017 convened recently and was attended by heads of business and trade groups, members of the Council. Boosting cooperation and partnership …
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UAE Ministry of Finance Reviews Federal Decree Law on Value Added Tax
As the entity responsible for the legislative aspects of the tax system in the United Arab Emirates, and committed to its role in raising tax awareness, The Ministry of Finance held a briefing this morning at its headquarters in Abu Dhabi, to define in …
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UAE banking assets forecast to grow in 2018
Asset growth at UAE commercial banks will accelerate in 2018, underpinned by stronger economic activity, according to a new forecast by BMI Research. According to BMI, the sector will remain broadly stable throughout the year, with continued growth in …
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UAE MoF reviews Federal Decree Law No. (8) of 2017 on VAT
The UAE has completed all legislative requirements to ensure that the implementation of its tax system is the best globally. The Ministry of Finance has also authorised the issuance of tax-related legislation and policies, as well as the establishment of …
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Abu Dhabi Says It Paid ‘Right’ Price for $450 Million Da Vinci
A senior Abu Dhabi official said the Gulf emirate has paid the right price to acquire Leonardo da Vinci’s $450-million painting “Salvator Mundi,” to be displayed at the Louvre Abu Dhabi. “We worked very closely with the broker on this piece and we …
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UAE says OPEC, allies to announce supply cut exit strategy in June
United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on Monday that OPEC and non-OPEC oil producers plan to announce in June an exit strategy from global supply cuts, but that does not mean the pact will end by then. Mazroui said it was …
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Arab Woman UAE 2017 winners announced
Nineteen Arab women were honoured for their contributions to numerous sectors of society, including business, education, medicine and literature, at the ninth annual Arab Woman UAE 2017 awards The awards, which were held under the patronage of the UAE’s …
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Dubai International Blockchain Summit 2018
DUBAI, United Arab Emirates … participate in roundtable discussions, facilitate business meetings and participate in networking sessions to connect with key industry leaders and investors. The summit is open for registration; early bird tickets are …
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