In September 2017, the Aston Plaza & Residences development in Dubai Science Park began offering units in exchange for bitcoin. They started from around 30, 50 and 70 bitcoin (each bitcoin was worth around $4,940 at the time). The project’s developer …
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March Sees a Surge in Business Licensing in Dubai
The Department of Economic Development (DED) in Dubai witnessed business registration and licensing activity maintaining an upward momentum during the month of March 2018, reaffirming the emirate’s position as a preferred place for business startup and …
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For the UAE, are renewables the new oil?
Driving south from the city of Dubai to Seih Al-Dahal, the view along the road takes on a discomforting rhythm for environmentalists: skyscrapers mushroom in deserts; a yellow Ferrari zips through streets; and every few miles a service station comes into …
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Dubai expat surprised to see balance fees after leaving account idle for years
Dubai: It was about five years ago when M.A. an expatriate in … since he has forgotten his password. When contacted by Gulf News, National Bonds said it is not in a position to comment on individual cases. However, the company maintained that customers …
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UAE throws open FDI gates for investors
Preliminary results from the International Institute of Finance say FDI inflows to the UAE rose to $11 billion (Dh40.39 billion) in 2017 and won a 22 per cent share of investments made in the Middle East and North Africa. Within a smaller geography …
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‘Chance of light rain’ in UAE
Dubai: The eastern parts of the UAE and its islands will be affected with some rainfall on Monday, according to weather forecasters. The National Centre of Meteorology (NCM) said the weather will be partly cloudy and dusty at times, although a significant …
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Enormous Saudi Arabian solar push could lead to new Middle East energy era
If we covered the entire land surface of the emirate of Dubai with solar panels, it would generate about 200 gigawatts – the same size as Saudi Arabia’s planned solar power venture with Japan’s SoftBank, announced at the end of March. This …
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AI to slash costs of UAE highway infrastructure projects, says minister
Al Nuaimi added that the ministry “is determined on continuing in applying the latest international technologies and best practices … receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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UAE’s Kanoo Group open to unit IPO and divestment of assets
The Kanoo Group, one of the UAE’s largest family conglomerates, may opt to sell shares in some of its units in the future and is currently sifting through its assets, an exercise that may lead to divestments as early as this year, the company’s …
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Top five health concerns plaguing women the UAE
Despite abundant sunshine, 90 per cent of the UAE population suffers from Vitamin D deficiency. Alerting to the dangers of Vitamin D deficiency, US endocrinologist Professor Michael Holick in an earlier interview to Gulf News had cautioned “Vitamin D …
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Dubai splashes billions on mega projects ahead of Expo 2020
Dubai, a city state which has established itself as a regional business hub and tourism destination, has the Gulf’s most diversified economy that is not dependent on oil. The economy of Dubai, where the population of three million people is comprised …
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Dubai Culture Successfully Concludes Eighth Edition of ‘Live our Heritage’ Festival
Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has successfully concluded the eighth edition of its ‘Live our Heritage Festival’, which was held at Global Village under ‘An Eye on …
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DED: March Sees a Surge in Business Registration and Licensing in Dubai
The Department of Economic Development (DED) in Dubai witnessed business registration and licensing activity maintaining an upward momentum during the month of March 2018, reaffirming the emirate’s position as a preferred place for business startup and …
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UAE-backed forces deployed in Yemen province
UAE-backed Yemeni security units such as the Security Belt … Jawf and Marib’s Serwah region. The state-run Saba news agency said Saudi-led coalition fighter jets carried out 25 air sorties against Al Houthi targets in Qanea and Hauran regions on …
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UAE’s Kanoo Group open to IPO and divestment of assets in future
The Kanoo Group, one of the UAE’s largest family conglomerates, may opt to sell shares in some of its units in the future and is currently sifting through its assets, an exercise that may lead to divestments as early as this year, the company’s …
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Church praises UAE’s moderate approach
Abu Dhabi — The Coptic Orthodox Church in Abu Dhabi hailed the UAE’s moderate approach and its work to consolidate principles of tolerance, brotherliness and peaceful coexistence between different religions. The statement was made on Saturday during a …
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Emaar to waive registration fees during Dubai Property Festival
Emaar Properties will waive property registration fees for all residential and commercial sales during the upcoming Dubai Property Festival, the company announced on Sunday. Additionally, Emaar will offer special payment plans for a number of its …
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