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Category: BUSINESS

Posted on 22/08/2020

UAE banks turn cautious on personal loans as skips and defaults rise

In addition to credit bureau reports on individual and companies, we keep tracking market intelligence on assessing credit quality of individuals and companies,” said the retail banking head of a UAE …
( read original story …)


Posted on 22/08/2020

UAE banks turn cautious on personal lending as skips and defaults rise

Many bankers who spoke to the Gulf News said they are forced to tighten lending norms for individual borrowers including business customers. 7 point guide to applying for a credit card in the UAE How …
( read original story …)


Posted on 22/08/2020

Leading Japanese pharmaceutical firm Kyowa Kirin opens Dubai office

Dr Amin Hussain Al Amiri, Assistant Undersecretary, Public Health Policy and Licensing Sector, Ministry of Health and Prevention, inaugurated the office of the firm, a subsidiary of Kyowa Kirin Co.
( read original story …)


Posted on 22/08/2020

8 Dubai Summer Surprises things to do this weekend in Dubai

Arab singing sensations Saif Nabeel and Mohammad Assaf will be taking to the stage at Dubai Opera for an evening of superb music on Thursda. Expect them to perform their biggest hits, fan favourites …
( read original story …)


Posted on 22/08/2020

The popularity behind renting a supercar in Dubai

Luxury Supercar Rentals Dubai is a business that specializes in renting out amazing super cars to not only prestigious businessmen, high-status celebrities, or the ultra-rich, but also to the …
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Posted on 22/08/2020

COVID-19 lessons: Dubai businessman learns patience, resilience and compassion

Photo: Virendra Saklani/Gulf News Dubai: Patience, resilience, compassion and persistence — these are the lessons that Danube Chairman Rizwan Sajan has learnt during the COVID-19 crisis. The …
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Posted on 22/08/2020

BurJuman Residence launched

BurJuman has announced the launch of its residential complex, BurJuman Residence, in Dubai. The Project is designed by the New York/London based architectural practice Kohn Pedersen Fox.
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Posted on 21/08/2020

Football: English Premier League champions Liverpool launch UAE keepy-up competition

English Premier League champions Liverpool are hosting an in-store and online competition for fans of the club. The competition, that will go on until August 26, will consist of fans sharing a video …
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Posted on 21/08/2020

Global Business Brief: UAE has long wanted F-35; Days numbered for US using Russian rockets; Space Symposium delayed to mid-2021 and more.

Joint Strike Fighter — that’s been the case for a long time. As the Trump administration reportedly looks to fast-track an F-35 sale to UAE, part of a deal kept secret from disapproving Israel, I’m …
( read original story …)


Posted on 21/08/2020

UAE Exchange customers finally get their money back after months of uncertainty

After months of waiting, former customers of UAE Exchange Centre have finally got their funds back, while the future continues to look bleak for the once dominant remittance company. UAE Exchange …
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Posted on 21/08/2020

Dubai landlords can start thinking short-term rents again

Finally, holiday homes give landlords extreme flexibility. It allows them to have the option to sell the property if and when a right offer comes by. Earn more than a long-term re …
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Posted on 20/08/2020

Dubai realty sector hits home with 14,000 units added in H1

Dubai also saw an increase in visitors from three source markets, which were the guests coming from Russia, Saudi Arabia, and France.
( read original story …)


Posted on 20/08/2020

UAE retail market was valued at $ 55 billion in 2019 and is projected to grow to $ 75 billion by 2025

Reportlinker.com announces the release of the report “UAE Retail Market, By Type, By Type of Market, By Distribution Channel, …
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Posted on 20/08/2020

Marks & Spencer opens food pop-up in Dubai’s Nakheel Mall

A brand-new Marks & Spencer Food pop-up is now open in Nakheel Mall. Located on the ground floor of the Palm Jumeirah mall, M&S fans can expect to find more than 500 premium products including store …
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Posted on 20/08/2020

Dubai to receive first cruise ships post-COVID-19 break by October

The precautionary measures and safety protocols that are being formulated for cruise tourism will be implemented when cruise ships arrive in Dubai during the forthcoming season …
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Posted on 20/08/2020

Salma Sakhnini, Founder And CEO Of Dubai-Based ‘Icon’ And Leadership Development Advisory, On Adopting A Future-Ready Mindset

“When you are starting your career, it’s usually about you, your accomplishments, how hard you work, how quickly you can climb the corporate ladder, how much money and recognition you get, but with …
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Posted on 20/08/2020

Sharjah Civil Defence signs agreement with Sahab Smart Solutions to develop advanced digital services platform

Sahab will fully digitise the department’s operations to enable the provision of  round-the-clock services to both individuals and corporates …
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