Formula 2 champion Charles Leclerc claimed a seventh win of 2017 in the final race of the year in Abu Dhabi, forcing his way past long-time leader Alexander Albon on the final lap. From second on the grid, Albon took the lead as Jordan King slumped to …
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Citi’s ex-head of equity derivatives joins AI fund manager cloning its founder’s brain
Citi’s head of equity derivatives in EMEA has re-emerged at a strange fund manager in Dubai. https … Carmignac and a long-time portfolio manager at Steve Cohen’s old hedge fund, SAC Capital Advisors. Imraan Moola, an emerging markets focused …
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Dubai Center for Islamic Banking and Finance Releases 3rd Annual Report on Islamic Economy
The Dubai Center for Islamic Banking and Finance (DCIBF), an entity formed through a partnership between Hamdan bin Mohammed Smart University (HBMSU) and the ‘Dubai the Capital of Islamic Economy’ initiative, has released its third annual report on the …
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UAE- Watch out for indirect VAT costs on property deals
(MENAFN – Khaleej Times) With the value added tax (VAT) kicking in on January 1, 2018, end-users in Dubai are confused whether to pre-pone their property purchase decision or to continue paying rents and wait for sales prices to bottom out. As per the VAT …
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Texas man reportedly imprisoned in United Arab Emirates for filming airport security
After touring the city of Abu Dhabi during a layover, Joseph was randomly selected … Nicole Darrah covers breaking and trending news for FoxNews.com. Follow her on Twitter @nicoledarrah.
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Unity Technology Synergies With Munfarid to Boost ARVR Education in MENA
Unity has a huge scope working in UAE helping to transform the education technology. The timing could not have been more perfect as undoubtedly Dubai, being one of the most happening cities in the world in terms of heavy investments and promotions in …
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Benjamin Mendy chooses Yas Marina over Huddersfield, Alain Prost sports injured nose and F1 reveals new logo… Six things you may have missed from the Abu Dhabi Grand Prix
The curtain comes down on another Formula One season, with Valtteri Bottas taking victory ahead of Lewis Hamilton at the Abu Dhabi Grand Prix. The Finn held off his world championship winning team-mate to take his third career win in an otherwise low-key …
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Dubai land transactions soar by $8.17 bln over last five years
The value of annual land sales in Dubai has risen by $8.17 billion (Dh30 billion) over the last five years, one of the emirate’s top real estate brokerages revealed, identifying Business Bay as a key area for further growth. Firas Al Msaddi, CEO of fäm …
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When off-plan sales dominated Dubai property
With 2018 just a month away, it’s time to do a recap of the year gone by. Off-plan sales and generous payment plans by developers were the dominant themes in the Dubai property market. The popularity of off-plan sales, however, came at a price, with the …
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How the year 2017 panned out for Dubai property
Dubai witnessed an upsurge in both ready and off-plan sales this year, with overall property transactions until September totalling to more than 50,000, according to the Dubai Land Department (DLD). Heightened off-plan sales, lower priced inventory …
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Dubai’s first wholesale store for personal, business shoppers opens
Dubai: A new shop has just opened its doors in Dubai and it is introducing to consumers a non-traditional way to make purchases – buying in bulk. Purchasing goods in bigger quantities has been considered a great way to save money. By buying more at once …
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du Launches Business Mobile Centre at the Dubai Health Authority
Today, UAE-based telecom service provider, du, launched its first ‘Business Mobile Centre’ at the Dubai Health Authority, inaugurated by Hany Fahmy Aly, Executive Vice President, Enterprise Business, du. The mobile air-conditioned bus will bring du …
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Bottas beats Hamilton in season-ending Abu Dhabi Grand Prix
ABU DHABI, United Arab Emirates — Valtteri Bottas won the season-ending Abu Dhabi Grand Prix from pole position on Sunday, beating his Mercedes teammate Lewis Hamilton as Formula One’s season finale petered out into a procession. The Finnish driver …
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Kilos of illegal tobacco destroyed in UAE
Dubai: In a routine inspection campaign, authorities in Al Ain rounded up four men and seized dozens of bags containing the highly-addictive chewing tobacco known as naswar. The inspection department at Al Ain Municipality recently confiscated and …
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Fresh push to involve NAB in Dubai investment probe
The FIA director also informed the committee that the agency has shared a list of 100 people who own properties in Dubai with the Federal Board of Revenue. All the investments in Dubai’s real estate are illegal, as State Bank of Pakistan has already …
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Buildings in Dubai will soon be charged for waste collection
the Dubai Municipality has announced that it will be outsourcing its waste management system by the middle of next year, with a tipping fee charged per ton of waste disposed. This means that owners or property management companies of commercial or …
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The Big 5 Solar to boost sector in Mideast
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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