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Posted on 16/05/2019

Accelerating rooftop solar adoption in the GCC

State of the solar rooftop industry in UAE Ivano: The Dubai Electricity and Water Authority (DEWA) has proved to be a trend setter when it comes to solar. This is because every time DEWA takes a step …
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Posted on 16/05/2019

UAE gets 6,000 applications from investors, entrepreneurs for long-term visas

While the ICA will be in charge of issuing the residency visas, business incubator HUB71 in Abu Dhabi and Dubai Future Foundation’s Area 2071 will nominate entrepreneurs for receiving the benefits. …
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Posted on 16/05/2019

Dubai police add £82,000 Maserati supercar – but it won’t be used in car chases

Police in Dubai have unveiled the latest supercar to join their crime-fighting fleet – a Maserati GranTurismo. The £82,000 high-speed car will serve the force in the oil-rich city alongside a …
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Posted on 16/05/2019

Christensen: Science and Technology Park Will Drive Global Innovation

Vice President, Dubai Technology Entrepreneurship Centre, Mr. Hans Christensen, spoke with journalists in Dubai about the opportunities offered by the centre, its economic impact and the strategy to …
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Posted on 16/05/2019

Finablr cuts IPO value amid weak investor demand, volatile markets

Finablr’s share sale opened on May 1 and came in the wake of Dubai-based Network International Holdings Plc’s successful London listing, the largest IPO on the exchange so far this year. Finablr, Abu …
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Posted on 16/05/2019

Egypt’s Sisi hosts Abu Dhabi crown prince amid Gulf tensions

Cairo (AFP) – Egyptian President Abdel Fattah al-Sisi on Wednesday met Abu Dhabi’s powerful crown prince, Mohammed bin Zayed al-Nahyan, the presidency said, amid rising tensions in the Gulf. “Both …
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Posted on 16/05/2019

Dubai Financial Market : Majority of Marka shareholders vote to liquidate the company

Dubai: Following years of turmoil, the shareholders of embattled retailer Marka voted on Wednesday morning to liquidate the business, after a last ditch attempt at turning the company’s finances …
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Posted on 15/05/2019

Sharjah PSC : Group posts AED 19m profit in Q1

Abu Dhabi – Mubasher: Sharjah Group posted a 14% year-on-year increase in its profits for the first quarter of 2019. Net profits recorded AED 19.23 million in Q1-19, compared to AED 1.27 million in Q1 …
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Posted on 15/05/2019

The Latest: Emirati diplomat: UAE committed to de-escalation

DUBAI, United Arab Emirates – The Latest on developments in the Persian Gulf region and elsewhere in Mideast amid heightened tensions between the U.S. and Iran (all times local): 9:35 p.m. A top …
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Posted on 15/05/2019

OPPO Captures the Spirit of the Season With a Touching Ramadan TVC Combining Tradition and Technology

As the original pioneers of this technology, OPPO has created an unmatched photography powerhouse in the Reno series. The company recently selected Dubai for the international launch of the OPPO Reno …
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Posted on 15/05/2019

UAE receives 6,000 long-term visa applications from entrepreneurs and investors

The ICA said on May 2 it had implemented the cabinet’s decision to issue the longer-term visas for entrepreneurs in collaboration with the Abu Dhabi business incubator, Hub71, and the Dubai Future …
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Posted on 15/05/2019

UAE and China to strengthen gems and jade bilateral trade

The Dubai Multi Commodities Centre and the China Gems and Jade … “Additionally, the collaboration will see both parties promote ethical and responsible business practices to their members,” the …
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Posted on 15/05/2019

Dubai Police adds 187mph Maserati to patrol fleet

Al Tayer Motors was established in 1982 and represents major European and American automobile manufacturers Land Rover, Jaguar, Maserati, Ferrari, Lincoln, Ford and Ford Trucks across the UAE. …
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Posted on 15/05/2019

UAE’s Majid Al Futtaim lists world’s first green sukuk on Nasdaq Dubai

UAE conglomerate Majid Al Futtaim has listed a 10-year corporate ‘green’ sukuk worth $600m (AED2.2bn) on Nasdaq Dubai, making it the world’s first financial instrument of its kind to focus on …
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Posted on 15/05/2019

UAS Ready To Meet Challenges of Growing Traffic in Dubai

Business jet operators will benefit from a move to from Dubai International Airport (DXB) to Al Maktoum International (DWC), as the latter facility becomes the focus in the Middle East hub, according …
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Posted on 15/05/2019

Abu Dhabi Commercial Bank : Project awards across GCC decline in Q1 2019

Dubai: Project awards across the GCC declined in the first quarter of 2019 according to data from Meed Projects and estimates by the Economics Team at Abu Dhabi Commercial Bank. Data showed total GCC …
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Posted on 15/05/2019

Abu Dhabi T10 Cricket League clarifies charges on Nuwan Zoysa and Avishka Gunawerdene

Nuwan Zoysa and Avishka Gunawerdene were charged with match-fixing in the Abu Dhabi T10 League. The Board of the ‘Abu Dhabi T10 League’ clarified and denied that the charges made by ICC on former Sri …
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