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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Private sector business conditions improve in Dubai
Private sector business conditions shows significant improvement with steep growth in output and inflows of new work, according to the seasonally adjusted Emirates NBD Dubai Economy Tracker Index. The index – which is designed to give an overview of …
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Dubai real estate consultancy launches Dhs5m endowment
Real estate consultancy group Freehold Mediation and Information has launched a Dhs5m ($1.4m) endowment scheme to help small-scale property investors and real estate entrepreneurs find solutions to the difficulties they face. Through the initiative, the …
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Dubai unveils largest-ever budget at $15.4 billion spend
… of His Highness the Ruler of Dubai to raise infrastructure efficiency in Dubai in order for the emirate to become the preferred destination for living, tourism, and business across all sectors. “Over the coming years, Dubai Government actively seeks …
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Dubai Economy Warns Businesses Not to Hike Prices Ahead of VAT
The initiative is part of protecting consumer rights and enhancing transparency across retailing in line with Dubai’s reputation as a competitive business destination. Retailers have to display the VAT applicable separately on every invoice from 01 …
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Dubai: Mohamed Hefzy’s Film Clinic Boards Abu Bakr Shawky’s ‘Yomeddine’ (EXCLUSIVE)
DUBAI, United Arab Emirates — Prominent Egyptian indie producer Mohamed Hefzy’s Film Clinic has come on board as co-producer of Egyptian-Austrian filmmaker Abu Bakr Shawky’s upcoming feature film “Yomeddine,” a road movie about a middle-aged man …
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Coral concept: Buglari finally opens its Dubai property
When it comes to location, Bulgari Hotels and Resorts could not have picked a better spot for its newly opened Dubai iteration. Set on Jumeira Bay, a manmade seahorse-shaped island, with a scenic tableau of the yacht-speckled Arabian Gulf as well as the …
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UAE media outlets earn trust of 94% of public
Dr Bassam Al Towaisi of the Jordan Media Institute, told a news conference yesterday that the poll of 2,500 respondents, 50 per cent of whom were citizens and 50 per cent expatriates, showed that 94 per cent of the people trust the UAE media outlets.
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