FAB, which plans to transfer its licence for First Gulf Bank to ADQ, said it intends to own a 10% stake in the digital bank …
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Dubai DoF signs MoU with CBUAE to facilitate payment of fees owed by consumers of Dubai government entities
The MoU was signed by H.E. Abdulhamid M. Saeed Alahmadi, Governor of the Central Bank of the UAE, and H.E. Abdulrahman Saleh Al Saleh, Director General of Dubai Department of Finance.
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Exclusive: UAE applies to join European Bank for Reconstruction and Development
The United Arab Emirates is the latest country to request to join the European Bank for Reconstruction and Development, while the Czech Republic is considering asking the lender to restart operations …
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Majority of UAE bank customers willing to switch banks for better offers
The research showed 87% would be willing to open an account with a digital-only bank Dubai: According to a new research by BCG, the expectations of consumers across the UAE in the banking sector is …
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Sony opens second UAE store at Dubai’s Mall of the Emirates
Tech giant Sony has opened its second flagship storre in Dubai’s Mall of the Emirates, to go along with its existing retail outlet. Sony also has a presence in the Dubai Mall. Formerly branded as the …
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Nakheel Malls set for opening of ‘world’s largest fountain’
Nakheel Malls, a leading developer of retail experiences, said its premier lifestyle and dining destination in Dubai, The Pointe, is gearing up for the launch of the world’s largest fountain, The Palm …
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Dubai to Inaugurate World’s Largest Fountain
Nakheel Malls, a leading developer of retail experiences, said its premier lifestyle and dining destination in Dubai, The Pointe, is gearing up for the …
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Dubai Safari Park re-opens after two-year refurbishment
Dubai’s Safari Park reopened its doors Monday after a two-year expansion, as the emirate seeks to boost its hard-hit tourism sector amid the coronavirus pandemic.
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New details emerge about Dubai’s Museum of the Future
Museum will be home to a research centre with labs and classrooms as well as space for museum-goers to experience new technologies New details emerged about Dubai’s Museum of the Future on Monday as …
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Bright lights of Dubai beckon Israel’s Arabs but pose quandary
For Israel’s Arab citizens, the normalisation deals that Israel struck with the United Arab Emirates and Bahrain will mean newfound freedom to stroll through Dubai’s cavernous malls, take lucrative …
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Majority of UAE customers would readily switch their bank
New research by the Boston Consulting Group (BCG) reveals that 76 per cent of bank customers in the UAE are willing to switch banks. Further, 70 per cent said they are actively searching for new bank …
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Nearly 76% of UAE consumers keen to switch banks, new survey shows
Nearly eight out of 10 people in the UAE, or 76 per cent are interested in switching their banks, while 70 per cent are actively searching for new bank offers, according to new research by Boston …
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Sharjah launches Dh4.4m global fund for Imran Khan’s cancer hospital in Pakistan
Ameera fund’ has been launched for Pakistan Prime Minister Imran Khan’s cancer hospital in Peshawar. The fund has been launched following directives of Sheikha Jawaher bint Mohammed Al Qasimi, wife of …
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Nearly 3,000 parking spaces in Sharjah converted into paid slots
As many as 2,992 parking spaces in Sharjah have been converted into paid parking slots, the municipality announced on Monday. The paid parking spaces are in the Muwailih 3 (1,755 spaces), Al Nahda …
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Abu Dhabi Investor Signs Pact on $225 Million Sudan Farm Project
International Holding Co. said a unit entered into an agreement with DAL Group to jointly invest $225 million in a Sudan agriculture project as the Abu Dhabi-based investor diversifies its portfolio.
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Lawrence Epstein interview: UFC ‘want to be in business with Abu Dhabi for ever’
MMA company’s COO discusses the success of Fight Island, what makes Dana White a marketing genius, and future ambitions in the capital The UFC hopes to be in business with Abu Dhabi “for ever” as it …
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Dubai’s retirement visas could help stabilise expat population
This requirement is an income of 20,000 UAE dirhams per month ($5,446) , 1 million UAE dirhams in savings or property investments worth 2 million UAE dirhams. Thaddeus Best, Moody’s Analyst described …
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