A total of 12.21 per cent of marine and coastal areas as well as over 17 per cent of terrestrial areas of the UAE are protected areas, he told Gulf News. “As of today 14.93 per cent of the UAE is classed as protected areas,” the minister said.
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More technology needed to improve airport experience
chief executive officer of Dubai Airports, believes technology can remove the pain from travel. In a speech on Monday, Griffiths painted a picture of a future where the airport experience for passengers is significantly different than it is today.
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UAE students still not performing well on international tests
Michael Stevenson, senior adviser at the OECD, told Gulf News that parents in the UAE must also work to keep their children motivated. “At the same time, educators need to drive home scientific concepts using relevant, exciting methods, including the use …
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Mars One project candidate inspires Dubai students to dream big
Dubai: A Dubai resident who is among the candidates for the … Speaking on the sidelines of the event, Zielinski told Gulf News he is awaiting the third round of selection that will reduce the 100 shortlisted candidates for Mars One, to 40 people.
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Dubai princess Sheikha Latifa ‘missing’, human rights group urges UAE to reveal whereabouts
News agency Agence France-Presse last month reported an anonymous source as confirming that Sheikha Latifa had been brought back to Dubai. In a statement last week, Human Rights Watch Middle East director Sarah Leah Whitson called on UAE authorities to …
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Saudi team in Socotra as UAE presence angers Yemen
On Friday, a Yemeni government official said UAE forces had occupied sea and airports on Socotra, in a move the official called an “act of aggression”. A Yemeni minister told Anadolu news agency on Friday that the Yemeni people would not give up any …
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Abu Dhabi Residential Prices, Rentals Dip in Early 2018
While sale and rental price decreases across Abu Dhabi may not be the news that landlords and sellers want to hear, current market conditions could give rise to considerable movement in 2018. Bayut.com reports price decreases in the rental sector will …
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Windfall for Indian expats in UAE as rupee plummets to one-year low
Dubai: Indian expatriates who are just about to send money home are in for a good windfall, with the Asian currency now at a one-year low against the US dollar. The rupee fell to its lowest level since February 2017 against the greenback on Monday, owing …
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Dubai SME and RAKBank to offer banking solutions to SMEs
The agreement will allow Dubai SME’s members to open a Business Current Account with RAKbank with no minimal balance requirement and no maintenance fee. “Small and medium enterprises are the lifeblood of the UAE economy, comprising some 85 per cent of …
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UAE loan growth picks up pace on improving corporate demand
Dubai: Credit growth in the UAE reported moderate uptick during the first quarter of 2018 according to UAE Central Bank data and calculations by Abu Dhabi Commercial Bank (ADCB). Gross credit growth in the UAE averaged 0.6 per cent month-on-month in the …
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Abu Dhabi property prices, rents continue to slide in Q1
Abu Dhabi’s property market heavily favoured renters and buyers during the first quarter of 2018, with data showing price decreases in all areas, according to real estate website Bayut.com. Both apartments and villas across the sales and rental sectors …
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Abu Dhabi Police set record, receive Guinness World Records certificate
ABU DHABI: The Abu Dhabi Police have set a Guinness World Record by hosting the most number of people to attend a lecture on First Aid. 2,592 people attended the lecture hosted by Abu Dhabi Police. Major General Mohammad Khalfan Al Rumaithi, Commander-in …
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Aldar Properties to acquire assets from Abu Dhabi’s TDIC
ABU DHABI (Reuters) – Aldar Properties (ALDR.AD) said on Monday it had reached agreement with Abu Dhabi’s Tourism Development & Investment Company (TDIC) to acquire real estate assets worth 3.7 billion dirhams ($1.01 billion), marking further …
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Abu Dhabi property prices continue decline in first quarter – report
Further corrections expected as Chestertons finds overall fall of 3% in rents with sales prices dropping 1-2% The Abu Dhabi real estate market softened further in the first three months of 2018, with sales prices and rents for both apartments and villas …
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Omniyat’s CEO on carving a property niche
For many Dubai landlords, the last 12 months will surely go down as a period to forget amid a wider downturn in the property market. Apartment prices and rents decreased 3 per cent and 2 per cent respectively from Q3 to Q4 2017, according to Chestertons …
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Financial confidence dwindles among UAE residents as cost of living increases bite back
Tuan Phan began this year feeling pessimistic, due to “huge financial stress”. In the final few months of last year, the 40-year-old had to fork out for the birth of his second child, car repair bills, and a trip home to Australia at a time when his …
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Abu Dhabi’s Aldar acquires $1bn of assets from gov developer
Abu Dhabi developer Aldar Properties has announced an agreement with the development arm of the emirate’s tourism authority to acquire real estate assets worth Dhs3.7bn ($1bn). The company said the deal represented one of the largest real estate …
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