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Posted on 13/03/2018

Abu Dhabi’s Rotana opens new Dubai Creek hotel

Features of the two include an executive lounge, a business centre, meeting and conference facilities … The combined 280 keys will add to Rotana’s existing 3,142 across nine other hotels in Dubai. The company also has 2,888 rooms under various stages …
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Posted on 13/03/2018

Update: Arabian Business StartUp Academy – How will VAT affect the UAE’s SMEs?

The Arabian Business StartUp Academy will take place on Monday, March 26 at the Dubai Technology Entrepreneur Centre (DTEC) in Dubai Silicon Oasis. The theme for the quarterly event will revolve around the newly-introduced Value Added Tax (VAT) in the UAE …
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Posted on 13/03/2018

Why Companies Get Subpoenaed and How to Avoid It

Funds are raised through the creation and sale of virtual currencies … William Skelley, co-founder of William Chris, a Dubai-based consulting firm founded by David Drake and Simon Cocking thinks the SEC is doing what it is expected of it.
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Posted on 13/03/2018

Turkish heiress’s Dubai hen party ends in fiery air crash

A weekend hen party in Dubai ended in tragedy when the private jet carrying a Turkish heiress and her seven girlfriends crashed in the Iranian desert. Mina Basaran, 28, was treating her friends to a no-holds-barred girls weekend in the desert kingdom.
( read original story …)


Posted on 13/03/2018

Why Sound Legal Advice is Critical for Subpoenaed ICO Companies

Is SEC’s Move Justified? “Absolutely, I have a ton of respect for the SEC and love that they are protecting investors,” says William Skelley, Co-founder of William Chris, a Dubai-based consulting firm founded by David Drake and Simon Cocking.
( read original story …)


Posted on 13/03/2018

Meet the Indian-origin doctor who won Abu Dhabi Award

Abu Dhabi: “The UAE was not built on money but a vision [of Shaikh … of Emirati patients when they and their loved ones are in pain,” he told Gulf News while narrating his experience since he reached Al Ain on May 30, 1967. He said Emiratis are …
( read original story …)


Posted on 12/03/2018

UAE banks set for double-digit profit growth

“May be it is good in another way as lower real estate prices will make the UAE more competitive as the cost of doing business will decline.” He said the implementation of value added tax is helping banks with better lending opportunities as SME will be …
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Posted on 12/03/2018

Gulf states set up company to facilitate money transfers

The countries’ central bank governors will sit on the board and a secondary office will be set up in the United Arab Emirates, he said, without saying when the company would start operating. The company is being started even though GCC members Bahrain …
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Posted on 12/03/2018

Abu Dhabi Police celebrates 60 years with giant projections

The Abu Dhabi Police has celebrated 60 years of service with a strong new identity and a spectacular anniversary show. The invite-only event featured impeccably choreographed parades, moving vehicles, live demonstrations from officers and an array of …
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Posted on 12/03/2018

‘Smart technologies will help Dubai become happiest city’

In this first part, of our two-part interview, Dr. Aisha Bin Bishr, Director General, Smart Dubai, talks technology, happiness and artificial intelligence. We want Dubai to be the happiest city in the world by implementing advanced smart technologies to …
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Posted on 12/03/2018

Latest technologies on display at Dubai Woodshow

Dubai WoodShow, a three-day international trade exposition on wood products and woodworking technologies, opened today (March 12) in Dubai, UAE with 300 exhibitors from 55 countries and six country pavilions. Dr Abdullah bin Mohammed Belhaif Al Nuaimi …
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Posted on 12/03/2018

UAE, Botswana officials in talks to boost trade ties

During the UAE-Botswana Business Forum taking place in Dubai on Monday, officials from the UAE said there is “huge potential” to extend the scope of bilateral trade as the Emirates aims to capitalise on high-growth economies. “[Most of] the trade now …
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Posted on 12/03/2018

Dubai DOF, Deloitte partner to implement IPSAS

The Department of Finance (DOF) of the Government of Dubai has partnered with professional services firm Deloitte to enable the Government of Dubai to implement International Public Sector Accounting Standards (IPSAS). The strategic partnership agreement …
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Posted on 12/03/2018

First Abu Dhabi Bank Signs Escrow Agreement With RERA-RAK

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has signed an escrow agreement with the Real Estate Regulatory Administration in Ras Al Khaimah (RERA-RAK). The agreement allows the …
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Posted on 12/03/2018

UAE central bank to launch new EIBOR system next month

The United Arab Emirates central bank will next month launch a new way of setting Emirates Interbank Offered Rates (EIBOR), helping to make the system more accurate and transparent, a senior banking industry official told reporters on Monday. “We have …
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Posted on 12/03/2018

Top Skills Banking Professionals in the UAE Need to Succeed Today

Knowledge is key to successful people in all industries. But I would argue the banking and financial services landscape is among the few professions in the world, where a constant refresher of knowledge is not just integral to one’s success, but to simply …
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Posted on 12/03/2018

ENBD to back nationalisation drive at Careers UAE

Emirates NBD, a leading bank in the region, has announced its participation as part of the bank’s strategy to boost nationalisation efforts at the Careers UAE 2018, which will be held from 13 – 15 March at Dubai World Trade Centre. The bank’s …
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