Dubai-based Noor Bank has announced the departure of Hussain Al Qemzi from his position as managing director, effective from October 31. Al Qemzi was CEO of Noor Bank from its inception in 2008 until June when he became the bank’s first managing director …
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Israeli athlete defiantly sings his national anthem after winning gold in Abu Dhabi after ‘racist’ organisers of judo competition refused to play it
Israeli wins gold in Judo in Abu Dhabi, which refuses to show Israeli flag or play its … Speaking after the event, the 25-year-old athlete told Israeli’s Channel 2 news: ‘Israel is my country, and I’m proud to be Israeli. ‘The anthem that they played …
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Could Aramco renege on the IPO plan?
IPO vs. private share placement It’s possible that a change … at the Lebanese American University and has a Master’s degree in International Affairs. by Dubai American Academy
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Emaar launches property unit IPO
DUBAI: Emaar Properties, Dubai’s master developer, is to sell 20 percent of the shares of its UAE real estate unit in an initial public offering (IPO) that could value it at around $6 billion. The IPO is the first significant listing on a UAE market …
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Emaar Development IPO to be similar in size to $1.58bn Emaar Malls flotation
Emaar, which is selling 20 per cent of its real estate business, will offer 800 million shares and will announce the offer price range at the opening of the initial public offering (IPO) next month, it said in its prospectus on Dubai Financial Market (DFM …
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Dubai’s ‘day without service centres’ a success
Hussain Nasser Lootah, director-general of Dubai Municipality, told Gulf News that the initiative demonstrated to the customers how important it is to make use of the second generation of the government services through mobiles and other devices.
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90% of UAE population Vitamin D deficient, says DHA official
and chairperson of the third edition of Dubai Nutrition Conference which started on Thursday. She spoke to Gulf News on the sidelines of the three-day conference. Following the two-year ongoing Vitamin D study being conducted in collaboration with …
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World Green Economy Summit in Dubai concludes
according to the UAE News Agency (WAM). Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, MD & CEO of Dubai Electricity and Water Authority, DEWA, and Chairman of WGES, announced the Dubai Declaration 2017 at the conclusion of …
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UAE instructed to treat Israeli athletes equally
The International Judo Federation (IJF) on Wednesday called on the United Arab Emirates to treat Israeli athletes equally during this week’s Grand Slam tournament, JTA reports. The letter followed news that the team will be prevented from wearing the …
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Indians again top foreign property investors in Dubai
MUMBAI: Indians bought property worth Rs 42,000 crore in Dubai from January 2016 to June 2017, making them yet again the top foreign property investors in the Emirates, according to the Dubai Land Department. This is an increase of Rs 12,000 crore from …
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UAE’s largest bank says nine-month net profit tops $2bn
The UAE’s largest bank, created from the merger of National Bank of Abu Dhabi and First Gulf Bank, has reported more than AED8 billion ($2.18 billion) in net profit for the first nine months of 2017 First Abu Dhabi Bank (FAB) secured AED8.09 billion in …
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‘India, UAE compliment each other in areas of business growth’
India and the UAE compliment each other in areas of business growth and the private sectors are ready to support the two governments, a top company executive has said here. The UAE is the 10th largest FDI source market for India with cumulative FDI …
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First treatment unit for adolescent addicts in Abu Dhabi soon
Abu Dhabi: Within the next six months … head of psychiatry at the NRC, told Gulf News. “The hope is that rehabilitation programmes for youth will also reduce the number of young adults suffering from substance abuse disorders. After all, 47 per …
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Dubai property sits on shifting sands
Even by the level of conspicuous consumption prevalent in Dubai’s fitful property market, apartments at the Royal Atlantis stand out. Together with the 795-room hotel that will share the building, the 231 top-end homes currently under construction on the …
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Checkout.com Brings Apple Pay to its Customers in the UAE
https://checkout.com/blogs/ bringing-apple-pay-uae-touch-id-payments-apps-websites/ Here at Fintech Finance, we work with renowned executives in the industry to provide key decision-makers globally within leading financial services organizations with …
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Dubai kicks off ‘A Day without Service Centres’
Dubai: Government service centers across Dubai are closed today … using the kiosk instead of going to the counter,” the 43-year-old from Egypt told Gulf News. Some transactions that require physical appearance have remained open for people.
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Dubai Exports and DIEDC seek New Zealand’s partnership in building Halal hub
Dubai Exports, the export promotion agency of Dubai Economy … are purchasing Halal products and services due to its natural and wholesome nature. In the financial services sector we have seen that a large proportion of the customers of Islamic banks …
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