The UAE cities of Abu Dhabi and Dubai have seen some of the world’s biggest property price declines in the past 12 months, according to Knight Frank. Its latest Global Residential Cities Index Q1 2018 …
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UAE Business Brief – Patents, Trademarks & Counterfeiting
and a certified copy of any priority document); Patent application undergoes formal examination at the UAE Patent Office and substantive examination at the search authority in Austria under the superv…
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City to get direct flight to Sharjah in winter
From the past couple of weeks, the airport activists, especially those affiliated with the ‘We Work for a Working Airport at Surat (WWWAS) had started a propaganda on social media announcing that Air …
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What are the pros and cons of longer solar contracts?
The world’s first 35-year day or night solar contract (ACWA Power’s with DEWA in Dubai) also had a record-low price for solar with storage – of just 7.3 cents per kWh. The advantage of any renewable e…
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UAE minister selected for UN digital panel
The UAE’s cooperative approach to digital technology can lead the way for the international community. That is according to Mohammed Al Gergawi, UAE minister of cabinet affairs and the future, who has …
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Nawaz, Maryam land at Abu Dhabi, reach hotel
At Abu Dhabi airport, Nawaz and Maryam were recieved by officials … 6:16 pm today (Pakistan time). According to the Dunya News, security agencies and traffic police have worked out plans to execute …
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How the UAE Space Agency Has Done More in Four Years Than Most Agencies Do in a Lifetime
Today marks the United Arab Emirates Space Agency’s fourth anniversary on the world stage as a competitive player in space and technology. Today we celebrated the 4th anniversary of @uaespaceagency & …
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Dubai police praise hi-tech security systems for drop in burglaries
The number of burglaries fell by a fifth in Dubai last year, and police believe that drop could be bigger if more people used technology to secure their homes. Dubai residents have been urged to make …
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US, UAE jointly disrupt Iran finance operation
The United States and the United Arab Emirates have broken up a network funnelling illicit funds to Iran as Washington steps up a drive to restrict Iranian trade and access to hard currency in the reg…
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Dubai lenders Mashreq, CBD join FAB in declaring Abraaj exposure
Commercial Bank of Dubai and Mashreq Bank are the latest lenders to disclose their exposure to embattled private equity firm Abraaj Group that is reeling under allegations of misusing investors funds. …
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Average Dubai property prices said to be down 20% on 2014 peak
Average Dubai property prices are 20 percent below peak values recorded in mid-2014, according to real estate consultants ValuStrat. The ValuStrat Price Index (VPI) for residential properties in Q2 wa…
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GEMS’ planned London IPO said to be shelved
owns and operates 47 schools and nurseries in the United Arab Emirates, Qatar and Saudi Arabia, according to its website. Blackstone-backed GEMS Education has refused to comment on “rumours” that plan…
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Gems shelves London IPO
That would have made it the biggest IPO in London since July 2017 in terms of market capitalisation. Gems is majority-owned by Dubai-based Varkey Group, which has interests in education, healthcare, c…
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U.S. says disrupts Iran finance operation in UAE to squeeze Tehran
DUBAI (Reuters) – The United States and the United Arab Emirates have broken up a network funneling illicit funds to Iran as Washington steps up a drive to restrict Iranian trade and access to hard cu…
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DUBAI, United Arab Emirates | US official links economic protests in Iran to sanctions
DUBAI, United Arab Emirates — A top U.S. official focused on sanctions against Iran on Thursday linked American financial pressure on Tehran with ongoing economic protests roiling the country, saying …
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Ex-CEO of UAE’s Drake and Scull denies wrongdoing, warns of legal action
DSI also later issued a bourse statement confirming the “existence of material financial violations from the previous management”. It said the violations are currently under investigation by UAE autho…
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Abu Dhabi Airports Celebrates Success at CIPS Middle East Supply Management Awards
Abu Dhabi Airports’ Procurement and Logistics Department has won the “Best People Development Initiative” and “Most Innovative Use of Technology” at a ceremony held in Dubai by the Chartered Institute …
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