The first PaRC facility was opened in the Wafi Mall in Dubai on November 21st 2019 with the Philippine Secretary of Foreign Affairs, Teodoro L. Locsin, Jr. leading the inauguration. The two PaRC …
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Sharjah Islamic Bank successfully priced $500 million Sukuk
SHARJAH, United Arab Emirates(AETOSWire): Sharjah Islamic Bank (SIB), one of the leading Islamic banks in the UAE, priced a $500 million (1.83 billion dirhams) long 5-year sukuk, with a profit rate of …
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Starting a business in the UAE? Find out how Economic Substance Rules protect you.
Are you planning on newly incorporating your business in the UAE? If you are, you would have understood by now that one of the first things you need to do is apply for a trade licence. This is …
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Dubai’s Ripe Retail launches special Palm Jumeirah pop-up this summer
Dubai’s popular Ripe Market is back for the summer, this time with a pop-up at Nakheel Mallhead to Palm Jumeirah’s Nakheel Mall on Palm Jumeirah. Ripe Retail has revealed a special pop-up taking place …
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From Strength To Strength: Privilee Founder Lars Johannesen On How He Built “The UAE’s Ultimate Fitness And Leisure App”
Founded by Lars Johanessen, who came to the UAE from his native Denmark in 2009, Privilee is a fitness and leisure app-based membership service offering a five-star lifestyle to everyone at affordable …
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Dubai allows new set of economic activities; no restrictions on mall visits
Dubai has announced the resumption of a new set of economic activities and services in the emirate effective Thursday 18 June, 2020. This includes allowing people over the age of 60 and children under …
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Amity University Dubai hosts virtual business conference
Academics, researchers, practitioners, industry professionals and students from around the region came together for a two-day international business conference organised by Amity University Dubai’s …
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HSBC opens second Customer Service Center in Dubai
formally opened HSBC’s second instore Customer Service Center in Dubai on Tuesday. The center is located in Spinneys supermarket located at the Mercato shopping mall in Jumeirah, Dubai.
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HEMA opens its flagship store at City Centre Deira in Dubai
Apparel Group announces the opening of the new HEMA store in City Centre Deira. HEMA, the rapidly growing lifestyle department retailer from Amsterdam, announced the opening of its flagship store at …
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Facebook dominates UAE, Egypt and Kuwait; Twitter leads in Saudi
Users upload personal photographs to the main platform while Instagram for Business supports marketing initiatives. Most talked about industries on social media Crowd Analyzer’s report, which covered …
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Leading UAE banks fully utilise liquidity relief funds to support customers
The UAE’s banking sector continues to roll out relief measures to individuals and businesses impacted by the COVID-19 outbreak with 15 national banks fully utilizing their share of the Dh50 billion …
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Rising to the Challenge: The UAE’s Innovation-Driven Food Security Movement
Food systems are ripe for disruption, and Dubai is leading the way regionally regarding the adoption of technology-enabled food production.
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Explainer: UAE Economic Substance Regulations detail how a company must be managed in the country
Adhering to UAE’s Economic Substance Regulations (ESR) is now a ‘must do’ reality facing business owners in the region, amid the challenging financial circumstances brought on by the COVID …
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UAE- Insurers brace for tough times
Insurers in the UAE and other Gulf countries are well-capitalised but demand for insurance will decline this year due to a delay in the rollout of mandatory health insurance in Oman and Bahrain, …
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UAE Food Security Rises to the Challenge
Food systems are ripe for disruption and Dubai is leading the way regionally regarding the adoption of technology-enabled food production.
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UAE minister: It’s possible to work with Israel
We can have a political disagreement with Israel and try to bridge other differences. UAE Minister of State for Foreign Affairs Anwar Mohammed Gargash, in a historic public appearance by a senior Arab …
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Dubai Diamond Exchange reopens for business
DUBAI, 15th June, 2020 (WAM) — The Dubai Diamond Exchange, DDE, is open for business and ready to host regular activities, including tenders, in line with the easing of restrictions across the …
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