DUBAI: Dubai-based construction giant Emaar Properties said on Thursday its net profits for the fourth quarter and the whole of last year increased despite falling real estate prices. The company, whi…
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DAMAC quarterly profit down 87 pct as Dubai property prices tumble
DUBAI, Feb 14 (Reuters) – Dubai’s DAMAC Properties , owner and operator of the only Trump-branded golf club in the Middle East, reported a nearly 60 percent fall in full year profit on Thursday, while …
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Dubai Has A New Bus Route To… Muscat, Oman
The bus will be making pick-ups from two bus stations and Dubai Airport (Terminal 2). The ride takes a reasonable six hours, stopping in a bunch of towns in Oman and at Muscat’s airport. The buses are …
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Indian Couple, In UAE To Meet Family, Killed In Desert Safari Car Crash
The family came to the UAE on February 8, said Rohinibahen’s brother-in-law … According to the report, he had gone ahead of the other family members and got the shocking news when he asked their tou…
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Small Business
Do you want to start a business in Dubai? And searching for promising business ideas with low investment? Dubai is considered as the commercial capital… MBRF and Beehive join hands to provide digita…
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Abu Dhabi Islamic Bank said to mull merger option
Abu Dhabi Islamic Bank is weighing strategic options for its business, including a potential merger, according to people with knowledge of the matter. The UAE’s second-biggest Islamic lender is in ear…
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United Arab Emirates-India: How fostering strong economic links can help both nations
the vision of its leaders made Dubai the now undisputed regional hub in the region as far as business (such as in sectors like tech, financial services, and general having regional MENA multinational …
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deVere acquires UAE-based wealth adviser, Prosperity
One of the world’s largest independent financial advisory organisations is continuing its “ambitious vertical and horizontal growth strategy” with the acquisition of Prosperity, a UAE-based IFA firm. …
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Samsung Pay expands UAE presence with five exclusive institutions partnerships
… the mobile payment experience across the UAE by partnering with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their custome…
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UAE- DAMAC Properties announces 2018 preliminary financial results
DUBAI, 14th February, 2019 (WAM) — DAMAC Properties today announced preliminary financial results for the year ended December 2018. DAMAC reported a total revenue of AED6.1 billion, while net …
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Samsung Pay signs 5 new partnerships in UAE
Samsung has partnered with Abu Dhabi Commercial Bank (Debit Cards), Dubai Islamic Bank, Finance House, MAF Najm Cards and Noor Bank and to enable their customers access to the digital payment and digi…
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Zayed University Dubai opens largest Bloomberg Finance Lab in ME
Zayed University, one of the UAE’s top universities, and Bloomberg, the global financial information and technology company, today announced the opening of the Bloomberg Finance Lab at the university’ …
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Finance Manager – Michael Page International (UAE) Limited – Dubai Jobs
The Finance Manager has responsibility for all aspects of financial reporting, controls and collections for the Middle East business. They will manage the back office transactions to ensure timely and …
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UAE’s Adnoc plans further global expansion after $570m profit
We have delivered on our business plan commitments for 2018 and remain focused on volume growth initiatives with accelerated UAE and international expansion plans. We are well on our way to make Adnoc …
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Entrepreneurs must keep tweaking their business models
Financing, one of the most important elements for a successful business, is due to change course in the months to come. Non-bank or alternative lending options in the UAE should see an exponential …
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Abu Dhabi Islamic Bank Weighs Merger
Abu Dhabi Islamic Bank PJSC is weighing strategic options for its business, including a potential merger, according to people with knowledge of the matter. The United Arab Emirates’ second-biggest Isl…
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Dubai’s Emaar sees 2018 net profit rise 30% to nearly $2bn
Revenue in 2018 was AED25.694 billion, a growth of 37 percent over 2017, the Dubai-based developer said in a statement. During the fourth quarter, Emaar’s revenue was AED8.304 billion, up 53 percent w…
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