The Dubai Financial Services Authority (DFSA) signed a memorandum of understanding (MoU) with the Central Bank of Egypt (CBE) to enhance the relationship and cooperation between both institutions and …
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Time to open up UAE stock markets to free zones
The DIFC is Dubai’s banking and financial FZ with 2003 active, registered companies, and contributed some 3.9 per cent to Dubai’s GDP last year. The bottom line is that the FZs are a major contributor …
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UAE- DFSA signs MoU with the Central Bank of Egypt
(MENAFN – Dubai PR Network) Dubai, UAE, 7 August 2019: The Dubai Financial Services Authority (DFSA) signed a memorandum of understanding (MoU) with the Central Bank of Egypt (CBE) to enhance the …
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UAE- Compassionate, honest leader Sushma will be missed: Expats – News |
(MENAFN – Khaleej Times) The demise of Sushma Swaraj has left expatriates in the UAE devastated. Indian ambassador to the UAE Navdeep Singh Suri dubbed former external affairs minister Swaraj as …
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Indian wins $1m in Dubai raffle, to share it with 41 others
There is strength in numbers. Two groups of expats have won the latest draws of Dubai Duty Free (DDF) Millennium Millionaire on Tuesday. Indian expat and long-time Ras Al Khaimah resident Bantwal Annu …
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UAE weather: Hazy and cloudy day, humid night and chances of mist formation
Weather will be hazy and partly cloudy at times in some areas. Image Credit: Gulf News Dubai: Today’s weather forecast, according to the National Centre of Meteorology, will be hazy and partly …
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Tech firms should ‘create real business model first’, says Dubai entrepreneur
Seafood Souq CEO Sean Dennis said the start-up could breakeven in the next 12 months depending on the level of its expansion, as it aims to grow from Dubai to the rest of the UAE and GCC by 2020. Tech …
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UAE official calls developments in Yemen’s Aden worrying, calls for calm
DUBAI — A senior United Arab Emirates official called for calm on Wednesday after clashes erupted between southern separatists and presidential guards in Aden, the seat of Yemen’s government …
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Soon, teens in trouble can reach Dubai cops in few clicks
The cybercrime department at the Dubai Police is making this possible through the second phase of their e-crime website. The Dubai Police are making it ‘easier’ for teenagers to come forward with …
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Video: Dubai thanks workers and labourers
Dubai Culture aims to enhance Dubai’s cultural scene and draw attention to the UAE’s rich heritage. According to a press release sent to Gulf News: “The Authority’s mandate is to build …
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DEWA invites global companies at WETEX and Dubai Solar Show
Companies can benefit from the opportunities offered by the UAE and the region, and review major projects and investments that will be announced at the two exhibitions, which will be held from 21-23 …
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Saudi Aramco valuation gap persists as IPO talks resume–sources
LONDON/RIYADH/DUBAI — Saudi Crown Prince Mohammed Bin … With Aramco talking again to banks about an initial public offering (IPO), its board is meeting later this week and will probably …
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GCC Islamic bank mergers likely to increase, says Fitch
Islamic bank mergers and acquisitions in the GCC region are likely to increase as many banks still lack the market position needed to compete with large established peers, particularly in overbanked …
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Profit at large UAE banks to decline modestly in 2019, Moody’s says
The four big banks — First Abu Dhabi Bank, Emirates NBD, Abu Dhabi Commercial Bank (ADCB) and Dubai Islamic Bank — account for more than two-thirds of the UAE’s banking sector assets. A large, one-off …
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UPDATE 1-S.Arabia, UAE providing Sudan with 540,000 tonnes of wheat -SPA
DUBAI, Aug 7 (Reuters) – Saudi Arabia and the United Arab Emirates are providing Sudan 540,000 tonnes of wheat to support the country whose president was ousted earlier this year, their state news …
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Dubai welcomes five cruise ships in one day
Dubai: Dubai’s Mina Rashid Port recently welcomed five cruise ships in one day, bolstering its position as a leading cruise ship destination. The 2018/19 cruise season ended with a record …
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New Dubai Smart Police Station makes it easier to report crime
Dubai Police has launched one more SPS on Al Seef Street near Dubai Creek, meaning residents and visitors can submit reports using its smart system. “Perform transactions swiftly and easily at the …
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