Category: BUSINESS

Dubai Municipality has signed agreements with two major real estate developers Emaar and Dubai Properties Group (DPG) to boost co-operation in the field of energy conservation, said a report. As per the MoUs, the duo will install the energy-efficient LED …
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Dubai: In this episode, the Business team discusses some of the biggest headlines in the week ahead, starting with the French presidential elections. Business reporters, Ed Clowes and Sarah Diaa, talk about what the outcome of the elections will mean for …
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The Rixos Premium Dubai – Rixos’ second property in the city and third in the UAE – will open its doors on Jumeirah Beach Residence on May 15. The 443-room resort features a Nature Land Spa and Turkish Hammam (male and female), adults/kids pool …
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Dubai gold was priced at Dh149.25 for 24k, a slight drop from last week. 22k gold is priced at Dh140 in the city. Spot gold rose 0.3 percent to $1,230.88 per ounce as of 0401 GMT, after touching 1,224.86 earlier in the session, its lowest since March 17.
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Dubai Investments PJSC [DFM: DIC], the leading, diversified investments conglomerate listed on the Dubai Financial Market, has announced net profit of AED 289 million in the first quarter of 2017, compared to AED 298 million for the same period last year …
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Dubai: A woman, who works with a catering company at the airport, has been accused of stealing a wristwatch worth Dh25,000 that a passenger had forgotten in the business class. The Emirati passenger was said to have forgotten his wristwatch near his seat …
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We had split markets in the UAE last week as Dubai was flat and Abu Dhabi had its best week in a month. Meanwhile, oil fell hard, down for the third week in a row and reaching a six-month low. On a technical basis prospects for a recovery for oil to above …
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“This liberation in fuel prices signalled a major shift in Enoc’s strategy. We decided to focus on our core business, which is retail,” he said. The Dubai-government owned company introduced a five-year plan to build 54 service stations by …
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The latest survey data showed that business conditions across non-oil private sector firms in UAE continued to improve at the start of the second quarter. Employment rose in April but the rate of growth remains weak, with just 5.2 per cent of firms …
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Vikas Handa is joining the Iraq Britain Business Council (IBBC) as the UAE Representative to run the IBBC office in Dubai and will be responsible for the overall outreach in the Middle East & North Africa (MENA) region. Many IBBC members will know Vikas …
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Dubai: Missed the last massive clearance sale? Don’t worry, there’s another mega shopping frenzy in store that will offer opportunities for Dubai shoppers to make some huge savings on purchases. Shopping centres around Dubai will be hosting a three-day …
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Dubai: The UAE’s economic growth which faced strong headwinds following prolonged low oil prices and slump in international trade are seen bottoming out this year for a turnaround from 2018, according to recent economic forecasts. According to Bank of …
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Praveen Kumar Shetty in association with industrialist Ronald Colaco hosted the first ever historical KNRI-UAE Business Meet with Chief Minister of Karnataka Siddaramaiah at Fortune Park Hotel, Dubai Investment Park on Saturday the 29th April, 2017 evening …
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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has launched a new council designed to boost the country’s standing globally. The UAE Soft Power Council will introduce a new national …
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The UAE will be increasing fuel prices in May, the energy ministry announced on Sunday. Petrol prices have been hiked by an average of 3.2 per cent from April while diesel prices are up by 1 per cent. In May, the prices per litre of fuel will stand at …
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Dubai: The opening of Apple’s third store in the UAE got a royal welcome when none other than the crown prince of Dubai paid a visit to the two-storey mega store in Dubai Mall recently. Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, along with his …
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COLOMBES, France–(BUSINESS WIRE)– UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, and OT (Oberthur Technologies) have partnered to launch “gocash” prepaid card of UAE Exchange through the first-ever …
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