Dubai: The warning signs are flaring red for UAE’s jewellery retailers, 2016 saw overall volumes at 43 tonnes, down 16 per cent on 2015’s tally of 51.4 tonnes. This is also the first time that annual jewellery sales dropped below 50 tonnes since 2010, the …
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Video: Snow in UAE, heavy winds topple crane in Dubai
The Dubai Roads and Transport Authority (RTA) also briefly suspended Dubai Metro service between Jafiliyah and Business Bay Stations “as a safety precaution” due to the falling debris on the metro tracks from the crane accident. Authorities urged …
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Dubai to produce report on real estate prospects
Dubai Land Department (DLD) has signed a Memorandum of Understanding (MoU) with Dubai Economic Council (DEC), to collaboratively prepare a detailed annual report on the prospects for the real estate sector in Dubai. The MoU for the report entitled “The …
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Dubai Aims to Become a FinTech Hub
Source: AFP, Yonhap News] By AsiaToday reporter Jina Koh – Dubai has joined the global battle to become a FinTech hub. With decades of growth, the city has developed its infrastructure to become a key business center and is now placing its focus on FinTech …
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Future-oriented strategy boosts business confidence in Dubai
Survey indicates 2017 budget, Expo 2020 and Dubai Plan 2021 fuelling expectations Business Confidence Index at 120 points in Q4, 2016; compared to 116.1 in Q4, 2015 Survey results from the latest quarterly Business Confidence Index (BCI) of the Department …
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UAE Central Bank clarifies virtual currency ban
For Ola Doudin, CEO and co-founder of BitOasis, the UAE’s first digital currency exchange, the clarification was welcome news, after worrying about the implications the prohibition might have had on her business. “We’re very glad to hear the Governor …
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Dubai developer Meraas rebrands, reveals new logo
“Over the past eight years, we have done amazing things that amplify Dubai’s potential as a leisure, business and medical destination, as well as a city that champions innovation, education, tolerance, youth, and happiness.” Most recently, it was …
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UAE’s non-oil foreign trade touches Dhs1.17 trillion between Jan-Sept
The UAE’s non-oil foreign trade stood at Dhs1.172 trillion during the first nine months of 2016, posting almost flat growth compared to Dhs1.170 trillion during the same period in 2015. The share of imports in the UAE’s total non-oil trade amounted to …
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AIM to focus on UAE’s $5.4bn space investments
The space industry is a new field to create new ideas and offers multiple business opportunities for start-ups and the private sector as well, with the support of the knowledge-based economies in the world, including the UAE. This leads to establishing new …
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Air India's first Dreamliner from Kochi arrives in Dubai
Dubai: Air India has marked the arrival of its first Boeing 787 Dreamliner to operate between Kochi in Kerala and Dubai. Dubai International Airport welcomed the debut flight from the south Indian city with a traditional water salute on Wednesday afternoon …
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Russian automaker kicks off exports to China & UAE
The company also started selling cars in the United Arab Emirates in a bid to have a share in the Middle East market. Mercedes-Benz looks to KAMAZ to build car plant in Russia The model being exported is the Lada 4×4 SUV, assembled in Kazakhstan by AvtoVAZ …
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The United Arab Emirates' top diplomat has come out in defense of Trump's immigration ban
United Arab Emirates Foreign Minister, Sheikh Abdullah Bin Zayed Al Nahyan. Petros Karadjias/AP ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates’ top diplomat on Wednesday came out in defense of President Donald Trump’s order temporarily …
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Review: Emirates Business Class Lounge Dubai
My flight from Dubai to Los Angeles was departing at 3PM, so a friend dropped me off at Terminal 3 at around 11:30AM, so I’d have plenty of time to review the lounge. Emirates has a separate drop-off area for first and business class passengers, which …
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Dubai Duty Free eyes Al Maktoum International as next big growth area
“The biggest contribution to our business now is the subcontinent. There has been terrific growth in other areas, Africa being one of them. But the most noticeable one, and the one people talk about the most, is China.” Dubai had 450,000 Chinese …
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Indian businessmen in UAE applaud deepening UAE-India ties
Watch: Dr Azad Moopen, chairman of Aster Healthcare, on the deepening ties between UAE and India, and reactions to the the raft of new agreements signed between them. (by Chiranjib Sengupta/Gulf News) While applauding the ease of doing business in the UAE …
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Review: Royal Brunei Business Class 787 Bandar Seri Begawan To Dubai
I boarded through door L2, where I was escorted to my seat by one of the flight attendants. Royal Brunei’s 787 business class cabin consists of a total of 18 seats, spread across three rows in a 2-2-2 configuration. Each seat had plenty of legroom, and …
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UAE and India pledge to boost bilateral trade by 60%
NEW DELHI // The UAE and India on Thursday pledged to come up with action plans by June to achieve their shared goal of expanding bilateral trade by 60 per cent over the next five years. In a joint statement, issued upon the conclusion of Sheikh Mohammed …
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