Vipul, the Consul-General of India in Dubai, was present at the event. For the first time, the awards event also recognised the next-generation business leaders who are carrying on the legacy of their family businesses. Unlike the 2016 ranking, Forbes …
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Agricultural Bank of China starts RMB settlement in UAE
ABC said in a media statement at the opening ceremony that the new branch is to improve ABC’s global settlement business, contribute to internationalization of yuan, and support the Belt and Road Initiative. Its Dubai Branch will provide diversified …
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Expo 2020 spending boosts Dubai economy
A key gauge tracking business conditions in Dubai in April registered its fastest one-month growth in more than two years, with the construction sector receiving a boost in the run-up to Expo 2020. Emirates NBD’s latest Dubai Economy Tracker Index rose …
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Dubai economy gains momentum at the start of second quarter
New business continued to rise for the fourteenth consecutive month in April. Average cost burdens increased at a modest pace across Dubai’s private sector in April, with the rate of inflation broadly in line with the trend recorded over the current 14 …
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UAE, France bilateral trade set for boost with new French president
Abu Dhabi: Bilateral trade between France and the UAE is expected to get a further boost with the election of Emmanuel Macron as the new president of France, according to economic experts. Macron who is known for pro-business and pro-globalisation policies …
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Dubai business conditions see sharpest improvement in two years – survey
Companies operating in Dubai’s private sector experienced a further improvement in business conditions at the start of the second quarter. This was indicated by the seasonally adjusted Emirates NBD Dubai Economy Tracker Index – designed to give an …
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Dubai business conditions see sharpest improvement in two years
Companies operating in Dubai’s private sector experienced a further improvement in business conditions at the start of the second quarter. This was indicated by the seasonally adjusted Emirates NBD Dubai Economy Tracker Index – designed to give an …
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Dubai’s private sector sees strongest growth in 26 months
Non-oil companies in Dubai’s private sector posted strong growth in April on the back of improving business conditions in the construction sector, according to Emirates NBD’s monthly survey. The seasonally adjusted Emirates NBD Dubai Economy Tracker …
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Dubai Chamber hosts workshops for Dubai Smartpreneur Competition participants
and pitching a business plan to investors. The Dubai Smartpreneur Competition requires participants to submit business ideas that support one of the Smart Dubai dimensions, namely smart economy, smart living, smart mobility, smart governance, smart …
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Dubai stores to offer up 90% discounts during three-day sale in May
part of Dubai Tourism, and will run from May 18-20. The citywide initiative will see retailers participate from diverse business segments including apparel, electronics, jewellery, homeware and toys. Some of the brands that have signed up include Guess …
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Dubai Investments reports a dip in first-quarter net profit
Dubai: There was a marginal drop in net profits for Dubai Investments in the first three months — at Dh289 million — compared with the Dh298 million a year ago. Total income for the period also dropped, to Dh697 million from Dh715 million in the first …
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Dubai International Arabic Calligraphy Exhibition successfully concludes its ninth edition
Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has successfully concluded the ninth edition of Dubai International Arabic Calligraphy Exhibition, which is held under the patronage of His …
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Mega sale in Dubai, get up to 90% discount
… is pulling out all the stops for the new retail event with the support of Dubai’s retailers to ensure that shoppers enjoy a rewarding experience across diverse business segments from apparel to electronics, jewellery to fashion accessories, homeware …
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Emaar, DPG to install Dubai Lamp in upcoming projects
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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Dirhams & Dollars – Episode 9: French election mayhem & Opec’s price battle
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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Rixos Premium Dubai opening next week
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 drop continues, 24k priced at Dh149.25
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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