ABU DHABI Commercial banks in the Gulf could lose their ability to have dollar trades cleared through the U.S. banking system, increasing risks for them, the United Arab Emirates’ central bank governor warned on Monday. Mubarak Rashid al-Mansouri told a …
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2016 Abu Dhabi GP: Lewis Hamilton & Nico Rosberg title permutations
But there are another of different scenarios that would also hand Rosberg the title when the fireworks illuminate the night sky in Abu Dhabi. If Hamilton wins Rosberg needs to be third or better to be champion. If Hamilton is second, Rosberg needs to be …
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Abu Dhabi Grand Slam Rio de Janeiro Day 2 Results
Rio De Janeiro, Brazil, 13 November, 2016: The Abu Dhabi Grand Slam in Rio Den Janeiro continued where it left off yesterday, as the UAE National team had another impressive set of performances at the No Gi divisions and won a total of 24 medals in the …
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RTA provides free WiFi on board Intercity Bus in coordination with Etisalat
Dubai has launched a free WiFi service on board 106 Intercity Buses to Sharjah and Abu Dhabi. In a media statement, Dubai’s Roads and Transport Authority (RTA) said that the step is part of its endeavours to bring added happiness to customers by making …
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Dubai construction duo Arabtec and Drake & Scull reduce losses
Arabtec said the financial impact of discontinued operations in Saudi Arabia is expected to decrease further after recording a third-quarter loss of 17 million dirhams on the business, against a 79 million dirham loss a year earlier. ($1 = 3.6729 UAE …
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UAE jails Emiratis up to 10 years for Islamist links
the Gulf News said. The man drew slogans and symbols on public law promoting the jihadist group as well as “slanderous and degrading phrases about state officials”, it added. The United Arab Emirates is a member of the US-led coalition that has been …
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UAE will soon have a $1 billion online shopping platform
Some large international stores often have long delivery times to Dubai, so we’re constantly looking for the next local e-commerce store, even if it’s a small boutique. If you’re an avid spender, news that an online shopping platform costing $1 …
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UAE and Qatar FAs compete for AFC Football Association annual awards
Qatari and Emirati football associations are in contention for the AFC awards for aspiring and developing football associations in Asian football The AFC announced the full list of nominees for the 2016 annual awards during the ceremony that will be held …
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Uzbek refereeing team to officiate UAE VS Iraq
The international football governing body FIFA delegated the responsibility of refereeing the UAE against Iraq encounter to an Uzbek team FIFA delegated the task of officiating the match that will see UAE face Iraq in the World Cup 2018 Asian Qualifiers to …
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Shura Council Chairman receives UAE ambassador
Manama, Nov. 14 (BNA): Shura Council Chairman Ali bin Saleh Al Saleh received today the UAE ambassador to Bahrain Abdul Redha Abdullah Al Khouri. He stressed strong and deep-rooted historic relations between Bahrain and the UAE and both countries’ unified …
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Dubai investment company GGICO restructuring $643 mln of debt
DUBAI Nov 14 Gulf General Investment Company (GGICO … It completed a 2.8 billion dirham restructuring in 2012. The news confirms a Sept. 29 Reuters story in which banking sources said that the Sharjah-based company was seeking to restructure part …
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UAE Tire Market Forecast & Opportunities to 2021 – Increasing Construction Activities & Per Capita GDP is Driving Growth – Research and Markets
Research and Markets has announced the addition of the “UAE Tire Market Forecast & Opportunities, 2021” report to their offering. The demand for tires in the UAE grew at a CAGR of over 5% through 2021. Increasing construction activities, growing …
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Dubai Hotels Report 12.0 Percent RevPAR Drop for October 2016
The absolute occupancy level would be the lowest for an October in Dubai since 2011. STR analysts note that demand from the annual Gulf Information Technology Exhibition (GITEX), held 16-20 October, was outweighed by continued supply growth in place for …
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Smart Move: Dubai to give free WiFi on buses
Dubai has launched a free WiFi service on board 106 Intercity Buses to Sharjah and Abu Dhabi. In a media statement, Dubai’s Roads and Transport Authority (RTA) said that the step is part of its endeavours to bring added happiness to customers by making …
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Now enjoy free WiFi on intercity buses
Dubai: Passengers can now use free WiFi access on intercity buses of the Roads and Transport Authority (RTA). The RTA’s Public Transport Agency has launched the service on 106 buses to Sharjah and Abu Dhabi. Abdullah Yousuf Al Ali, CEO of the agency …
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UAE c.bank chief: expects slightly higher growth next year, similar loan growth
ABU DHABI Nov 14 The United Arab Emirates’ central bank governor said on Monday that he expected economic growth to edge up to about 2.4 percent next year from an estimated 2.2 percent this year, helped by oil prices at higher levels than they were for …
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Apprentice Dylan Dunn wins international race in Abu Dhabi
PREMIER Victorian apprentice Dylan Dunn has won a prestigious international race for junior riders in Abu Dhabi. The 21-year-old was invited to compete in the Sheikha Fatima Bint Mubarak Apprentice World Championship final on Sunday after his standout …
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