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Posted on 30/05/2018

Dubai Summer Surprises from June 22-August 4

Dubai Summer Surprises (DSS), the annual citywide summer celebration in the city, will return to the city from June 22 to August 4, 2018, offering a six-week extravaganza of sales, retail experiences and events. Organised by the Dubai Festivals and Retail …
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Posted on 30/05/2018

Dubai developer hails new plan to take property deals online

The CEO of a Dubai-based developer has hailed plans by Dubai Land Department (DLD) to launch a global virtual real estate platform. Muhammad BinGhatti, CEO and head of architecture at Binghatti Developers said the new smart platform, which will move real …
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Posted on 30/05/2018

KEF LS50 Wireless speakers officially launch in the UAE

KEF’s LS50 speakers are highly regarded as some of the best bookshelf blowers you can pump your tunes through, and now their much-anticipated wireless upgrade is finally available in the UAE. The KEF LS50 Wireless combine the excellent sound reproduction …
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Posted on 30/05/2018

Everything you need to know about offshore banking

For example, the Offshore Banking product offered by UAE-based bank ADCB uses the island of Jersey, thanks to its independently administered jurisdiction and comprehensive laws and regulations to protect its financial services industry. The account comes …
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Posted on 30/05/2018

UAE Embassy gives away free apartment for Ramadan

Dubai: A family’s prayers were answered this Ramadan with the gift of a brand new apartment. The flat was provided to the Egyptian family under the directives of President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, and His Highness Shaikh Mohammad …
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Posted on 30/05/2018

What makes Dubai a 5-star real estate investment destination

The Dubai real estate sector’s growth is largely driven by foreign nationals living in the UAE and overseas investors living in different parts of the world. The Dubai Land Department (DLD) recorded 69,069 real estate transactions with a total value …
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Posted on 30/05/2018

Four factors affecting prospects of Dubai property

When considering the outlook for Dubai’s property market, there are two sides to the coin. I always try my best to objectively review both sides of that coin but through this public medium, I will focus on the positives. There are four pillars of growth: A …
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Posted on 30/05/2018

Dubai cancels corporate fines in bid to boost business

Dubai is exempting companies from administrative fines in a fresh effort to stimulate business, which has been dampened by new taxes and slumping asset markets. A decree by Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum cancels fines imposed by the …
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Posted on 30/05/2018

Dubai Cancels Corporate Fines to Boost Business

The business landscape has been dampened by new taxes and slumping asset markets. A decree by Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum cancels fines imposed by the Department of Economic Development through the end of 2018, the DED announced on …
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Posted on 30/05/2018

Dubai to host first ever customer happiness summit and awards

Dubai will host its first ever customer happiness focused summit and awards in October this year at an event that will feature government officials, experts, business people and investors, it was announced on Tuesday. The one-day event – which will be …
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Posted on 30/05/2018

Cost of Living: Dubai More Economical Than Most of Its Peers

Dubai, the region’s hub for business and financial centre, is more economical than most cities in the Western world as its residents enjoy stronger purchasing power, reveals a new study released on Tuesday. Ranked 28th among the world’s top 77 cities …
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Posted on 30/05/2018

UAE Residents Keeping Better Track of Finances

UAE residents are keeping better track of their money than four years ago, and fewer are living beyond their means, according to ADIB’s index. The indexprovides fresh insight into trends related to financial wellness, including saving, debt management …
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Posted on 30/05/2018

New Dubai decree exempts firms from admin fines until end-2018

“This will add to the financial benefits of the owners of expired business licenses, restore legal records and licenses, and help the business community in Dubai enhance their competitiveness.” Omar Bushahab, CEO, Business Registration and Licensing Sector …
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Posted on 30/05/2018

Emirates Islamic launches ‘personalised banking experience’ for UAE nationals

… offer a comprehensive range of home finance solutions from construction finance to releasing cash with discounts on fees and profit rates. Further, the bank will also offer UAE nationals the premium ‘Emirati Visa Signature Credit Card’ free for …
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Posted on 30/05/2018

UAE residents keeping better track of finances: study

UAE residents are keeping better track of their money than four years ago, and fewer are living beyond their means, according to the moneysmart index, which Abu Dhabi Islamic Bank launched recently as part of its financial wellness programme. The …
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Posted on 30/05/2018

Central bank lifts UAE growth outlook

The Central Bank of the UAE lifted its growth forecast for the country’s non-oil GDP to 3.9 per cent in 2018 from 3.6 per cent on the back of improving domestic economic activity and better prospects for the global economy. Economic activity in the UAE has …
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Posted on 30/05/2018

UAE bans fruits, vegetables from Nipah-hit Kerala

Shortly after the ban was announced, Indian Ambassador to the UAE Navdeep Singh Suri told Gulf News that the embassy has taken up the matter with the UAE. “We have taken up the matter with the relevant authorities in the government of UAE who have …
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