On July 2nd, the Dubai Land Department (DLD) unveiled The Real Estate Investment Opportunities (REIOs) initiative as a catalyst for Dubai’s real estate sector based on the outcomes of the Innovation …
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Sameer Barakat: Government Initiatives Directly Boost UAE Property Market
Abu Dhabi: On July 2 nd, the Dubai Land Department (DLD) unveiled The Real Estate Investment Opportunities (REIOs) initiative as a catalyst for Dubai’s real estate sector based on the outcomes of the …
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Dubai wants African startups to tap into US$100m Fintech Fund
The Dubai International Financial Centre (DFIC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has urged African financial technology startups to …
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INTERVIEW: UAE, Saudi stepping up anti-money laundering measures- U.N. official
The United Aram Emirates and Saudi Arabia are moving forward with their plans to counter money laundering, especially as the rise of fintech raises risks of illicit financial transactions, a United …
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Emirates NBD Transaction Banking boosts Dubai Department of Finance’s digitisation strategy
Dubai:Emirates NBD, a leading bank in the region, has announced the successful implementation of a digitised payment solution for Dubai Department of Finance (DoF) to achieve full Host-to-Host (H2H) …
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UAE offers 100% foreign ownership in 122 economic activities
in order to increase the efficiency of financial planning and implementation of the general budget. During the meeting proceedings, the Cabinet also reviewed during the hosting of the meetings of the …
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First banking M&A wave in GCC subsides but UAE still ripe for consolidation, says S&P
The recent wave of mergers and acquisitions in the GCC banking sector is losing momentum, however, the UAE – the second biggest Arab economy and home to more than 40 lenders – is still ripe for …
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Abu Dhabi Commercial Bank to Cut About 2,000 Jobs After Merger
Abu Dhabi Commercial Bank PJSC, which completed a three-way merger earlier this year, may cut about 2,000 jobs as the lenders integrate operations, people with knowledge of the plans said. The …
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Special Report: Abandoned by the UAE, Sudan’s Bashir was destined to fall
Billions of dollars from the UAE flowed to Sudan after the Abu Dhabi talks. The UAE state news agency reported that in the year to March 2018, the UAE channeled a total $7.6 billion in the form of …
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UAE retail giant to launch Carrefour brand in Uganda
Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox. …
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UAE royals have links with D-Company
It is also revealed that since younghood, Princess Haya was leading a spoilt life and had many male friends before her family finally got her married off to the Dubai royal. Prince Haya bint Hussein …
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Dubai launches new initiative to open up property investment market
Dubai Land Department (DLD) on Tuesday announced the launch of a new initiative which aims to attract a wider range of real estate investors to the emirate. Under the Real Estate Investment …
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Dubai claims to have reduced carbon emissions 19%
The DEWA pres release cited the sprawling 5 GW Mohammed bin Rashid Al Maktoum Solar Park and Dubai’s Shams net metering program as contributory factors to the achievement. This article was separated …
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Dubai Tourism launches 2019 futurism programme in collaboration with Accenture
“We are thrilled to collaborate with Dubai Tourism to co-create a program that brings together start-ups and disruptive technologies from around the world to push the tourism industry forward. Through …
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Business expands in Q2 as investor confidence grows
Tuesday’s release of June data from the Emirates NBD Purchasing Managers’ Index for the UAE underscores this optimism by indicating strong expansion in new orders and business activity. The Emirates …
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UAE to allow 100% ownership of construction companies
The UAE Cabinet, chaired by HH Sheikh Mohammed bin Rashid Al Maktoum … Our goal is to stimulate, facilitate and activate business, open and expand new economic sectors, attract new investors and …
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UAE approves 100% foreign ownership of firms and business ventures
The United Arab Emirates (UAE) administration has decided to abolish a decades-old law regarding foreign ownership and will now allow foreigners to have 100% control of their business ventures. The …
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