ABU DHABI: Abu Dhabi residents have welcomed the findings of an international survey which has ranked the UAE capital as the second best city in the world to live, work and do business. “I am not surprised. It was a forgone conclusion,” said Anosh …
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Qatar’s $300 billion conundrum: how liquid are its reserves?
DUBAI/DOHA (Reuters) – When is $300 billion not enough? That question is key to Qatar’s future as some bankers and hedge funds speculate the super-rich state’s vast financial reserves may not be liquid enough to defend its currency in the long term.
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UAE bank deposits decline by $7.25bn
Total bank deposits in UAE fell by 1.7 percent, or $7.25 billion (AED26.6bn), to $433bn (AED1.589 trillion) in June compared to May, the Central Bank said on Tuesday. Resident and non-residents deposits fell in June by AED24.2bn and AED2.4bn, respectively.
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2017 to remain tough for Abu Dhabi property market – Asteco
RELATED ARTICLES: Jeddah real estate sector remains slow in Q2 2017 | Return on investment for UAE real estate remains high | Asteco inks first Saudi Arabia master franchise Rental prices for apartments and villas in Abu Dhabi posted declines during the …
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Dubai’s largest bank posts 6% rise in Q2 profit
Emirates NBD reported a 6 percent rise in its second quarter net profit on Wednesday. Dubai’s largest lender made a net profit of $550 million (AED2.2bn) in the three months to June 30, the bank announced this morning, up from the AED1.91bn it announced …
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Dubai taxi fares are 5th-cheapest in the world: Index
Dubai: Taxi fares in Dubai are among the world’s most affordable, according to a new index. The Carspring 2017 Taxi Price Index, published on Tuesday, compares the cost of taxi rides in 80 of the world’s most popular cities, in which Dubai stood at No. 5 …
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UAE jobs alert: More than 2,000 vacancies up for grabs today
Dubai: While recruitment activity remains somewhat subdued this month, jobseekers in the UAE will find thousands of vacancies across a vast spectrum of industries today. Companies in Dubai, Abu Dhabi, Sharjah, Ajman, Fujairah and Ras Al Khaimah are still …
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Job openings: Apple in UAE is hiring new staff
Dubai: Apple has just announced new vacancies for UAE jobseekers looking to pursue a career with the multi-million dollar company. The American tech giant, which sells hundreds of millions of smartphones, tablets, laptops and other gadgets in more than 150 …
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DoubleTree by Hilton Opens First Hotel in Bay Square, Dubai
DoubleTree by Hilton, one of Hilton’s (NYSE: HLT) 14 market-leading brands, today announced the opening of DoubleTree by Hilton Dubai – Business Bay. The modern hotel features 238 spacious guest rooms and suítes, all with floor-to-ceiling windows and …
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Dubai court frees murder convict to attend daughter’s wedding
Dubai: A Ukrainian woman, serving a life sentence for killing a prostitute in 1999, has been granted early release to attend her daughter’s wedding. The convict was 28-years old when the Dubai Court of First Instance found her guilty of the premeditated …
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Now, book Dubai Taxi limos through Uber
Dubai: Taxi users in Dubai can now book Dubai Taxi Corporation (DTC)-operated limousines through Uber’s e-hailing app, the Roads and Transport Authority (RTA) announced on Tuesday. Dr Yousuf Mohammad Al Ali, CEO of Dubai Taxi Corporation, signed an …
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Dubai-based woman held in AgustaWestland case
NEW DELHI: The Enforcement Directorate has arrested Dubai resident Shivani Saxena in connection with … of alleged bribe money — 12.40 million euros (Rs 75 crore). Get latest news & live updates on the go on your pc with News App. Download The Times …
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Sharjah clean-up drive starts showing results
In an interview with Gulf News, Mohammad Ali Al Kaabi, head of the City Cleanliness Section at Sharjah Municipality, said the results of the awareness campaigns prove the adage that an ounce of prevention is worth a pound of cure. Al Kaabi said his …
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Dubai property prices will not see decline in 2017 – Sobha
RELATED ARTICLES: Forest Villas launched in Dubai’s $4bn Sobha Hartland community | Sobha launches twin-tower residential project in Dubai | Site visit: Sobha Hartland Dubai property sales prices will not see a decrease this year as demand remains strong …
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Abu Dhabi’s 10th Street to be closed for renovation
Abu Dhabi: One of the capital’s busiest roads in Al Zahiyah area is about to get a makeover, and residents are hoping that the new construction project will allow easier access to the surrounding areas. The emirate of Abu Dhabi’s municipal sector …
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UAE says report that it was behind Qatari cyber hack is “false”
The ambassador to UAE pronounced a news report asserting that UAE was responsible for hacking Qatari government sites “false.” “The UAE had no role whatsoever in the alleged hacking described in the article,” Ambassador Yousef al-Otaiba’s statement said.
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Enjoy high-speed WiFi in your vehicles
The in-vehicle M2M solution makes use of an automotive grade WiFi gateway complying with the necessary protocols to make the service PIAP (Public Internet Access Provider) compliant set by UAE’s Telecom Regulatory Authority. Through this, Etisalat Digital …
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