FGB, the Abu Dhabi-based lender, and Etisalat, the mobile phone operator, led gains in Abu Dhabi, while Dubai Islamic Bank and Emaar Properties underpinned the rise in Dubai. FGB gained 1.19 per cent, Etisalat 1.14 per cent, DIB 3.9 per cent and Emaar 0.69 …
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ADX registers Dh15.2 billion of margin trading finance
and Rak Properties with Dh1.1 billion. In the banking sector, First Gulf Bank shares received Dh962 million of funding, followed by National Bank of Abu Dhabi with Dh328 million. Whereas in other sectors Dana Gas received Dh516 million; Methaq Takaful …
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Mideast investors opt out of Malaysia due to oil price slump
The project attracted big names such as Kuwait Finance House, Abu Dhabi’s state-owned Mubadala Development Group and Aldar Properties, another real estate developer in Abu Dhabi. But, the ST report said, Arab involvement in Medini fizzled out after the …
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Sobha announces special offer for UAE investors
Also Emiratis can avail of special prices on these properties during an exclusive event planned in Dubai and Abu Dhabi on February 11. Sobha said the Emirati investors will have an option of either choosing from a range of studios, apartments, duplexes …
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Emaar backs Microsoft UAE Imagine Cup 2017
Veresh Sita, Chief Digital Officer for Emaar Properties, said, “Nurturing the next generation … via online campaigns and offline roadshows in universities across Dubai, Abu Dhabi, Sharjah, Ajman and Ras Al Khaimah. The Pan-Arab Finals 2017 will be …
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Dubai Properties’ iconic tower development 1/JBR on track for Q4 2019 completion
Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced that Dubai Contracting Company (DCC) has been awarded the contract for the exclusive luxury sea-front tower – 1/JBR. Work is now steadily advancing …
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Global Investment Banking Internship Program
Global Banking Training – Dubai – 2 month Elite Global Investment Banking Internship is an unique opportunity to gain client-facing experience of real world transactions and working knowledge for Investment Banking, Private Equity and Hedge Fund careers.
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Mohammad approves UAE's new entry visa system
Abu Dhabi: A new entry visa system has been introduced to attract highly qualified professionals and brilliant minds to the country to vitalise its various sectors. The system was approved during Sunday’s Cabinet meeting chaired by His Highness Shaikh …
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Abu Dhabi Racing News: Tadhg O’Shea Wows the Crowd
The Group 3 Al Ruwais, over 1000m, was the feature at Abu Dhabi on Sunday evening and seven may have gone to post but, in reality, the only horse who ever really mattered was AF Maqayes. Trained by Ali Rashid Al Rayhi and a three-time course and distance …
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Facebook remains UAE’s procrastination tool of choice with 95% of residents hitting like
DUBAI // About 95 per cent of UAE residents share their thoughts, photos and video on Facebook – crossing the 90 per cent mark for the first time in the Arab world. Eight million of us are logged into the social media platform, a leap of 3 million from …
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Countering financial crimes remains a top priority of UAE market regulators
Dubai:The capital markets regulator said on Sunday that countering financial crimes remains a top priority of regulators, at the same time providing a supportive environment for new businesses. The UAE recently adopted enhanced regulations in anti-money …
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The snowman of Dubai! Thousands of locals take to sledging as BLIZZARDS hit the Gulf with up to 10cm of snow
Winds of between 75 and 80km per hour ripped across the UAE, causing a crane to topple over onto the main highway running through Dubai on Friday. One person was injured and three cars were destroyed in a fire sparked by the collapse of the crane …
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Dubai residents go car-free for eighth time
Dubai: Dubai’s eighth Car Free Day drive saw a vibrant start … in reducing the carbon emission and the effect on the environment,” Lootah told Gulf News. As announced earlier, Lootah said, the municipality will link the event with the Year of Giving …
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Dubai Properties says luxury tower 1/JBR to be completed by 2019
Dubai Properties (DP) has appointed a contractor for its luxury project 1/JBR at Jumeirah Beach Residence, it announced on Sunday. Dubai Construction Company (DCC) won the main contract for the project, with work already underway on the site. A …
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Abu Dhabi Horse Racing News: Tadhg O’Shea
The Group 3 Al Ruwais, over 1000m, is the highlight at Abu Dhabi Equestrian Club on Sunday, with a select field of seven set to face the starter, including AF Maqayes, the mount of UAE Champion Jockey, Tadhg O’Shea. Homebred by Khalid Khalifa Al Nabooda …
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Dubai International Boat Show to reach new heights and depths
The popularity of hydroflight sports is growing as fast as the water jet propulsion that powers the high-flying technology, and Dubai International Marine Club will become a showground for the latest developments in the field from 28 February to 4 March.
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S&P affirms Abu Dhabi’s ratings
We estimate the UAE’s gross external financing needs at almost 115 per cent of usable reserves of the UAE central bank and CARs on average over the same period. “We expect the UAE dirham’s exchange rate peg to the U.S. dollar will remain in place over …
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