Companies and residents on Tuesday welcomed the UAE Cabinet’s announcement of business activities eligible for up to 100 per cent foreign ownership under a law ratified last November, as the country …
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UAE keeps contractors busy
“The Expo will generate more interest in Dubai and showcase the business potential of the city. With more businesses thriving in, the more potential for developers,” he said. Citing examples, he said …
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UAE indices little changed amid summer lull
The Dubai Financial Market (DFM) index inched up 0.2 per cent to end at 2,678.92, a day after it closed at the 50-day moving average. Blue chip Emaar was the most actively traded stock by value …
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Noor Abu Dhabi hailed as a Pillar of the Emirate’s Sustainability Plans and Transition Towards Clean Energy
As the UAE capital hosted the Abu Dhabi Climate Meeting over the past two days, His Excellency Engineer Awaidha Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE), stated that Abu Dhabi is …
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UAE mortgage applications up by nearly 80 per cent
Chris Schutrups, Managing Director of Mortgage Finder. Ruel Pableo for The National Real estate prices in the UAE have remained weak since 2015, according to a report last year from Property Finder. …
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Dubai South Boosts Trade Relations With Shanghai Business Organizations to Support New Belt & Road Initiative
Dubai South has made its latest move to strengthen trade relations with leading business and trade organizations based in Shanghai, in support to UAE’s leading efforts to promote the Belt & Road …
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Son of UAE’s Sharjah ruler dies in London aged 39
DUBAI: Sheikh Khalid bin Sultan Al-Qasimi, the son of the ruler of Sharjah, died in London on Monday, UAE state news agency WAM reported. Sharjah Media Office confirmed in a tweet that Al-Qasimi, who …
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UAE approves 13 sectors eligible for up to 100% foreign ownership: state news
DUBAI (Reuters) – The United Arab Emirates will allow up to 100% foreign ownership of some companies operating in 13 sectors, including manufacturing, agriculture, and renewable energy, state news …
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Banks scramble to re-pitch for Aramco IPO roles: sources
LONDON/DUBAI (Reuters) – Investment banks are scrambling to re-pitch … “Bankers previously involved in the IPO are pushing for meetings with Aramco,” one of the sources said. “There is some shifting …
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DLD launches 4 new investment products in Dubai’s real estate market
Dubai: Dubai Land Department (DLD) announced the launch of the Real Estate Investment Opportunities (REIOs) initiative during a press conference held yesterday. The new initiative is a new way to …
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“Big data, AI, 3D printing and virtual reality are vital for the development of real estate”
“Moreover, Dubai has emerged as the most affordable city on premium property prices among global competitors, making it 14.5 per cent cheaper than Hong Kong, London and New York, with an average …
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UAE keeps an eye on SA and trade
for the South Africa – UAE Business Forum in order to discuss increasing bilateral trade between the two countries. Representing the government of the UAE was H.E Abdullah Al-Saleh, Undersecretary of …
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UAE- Technology to transform the workplace and workforce
Nilesh Khalkho, CEO of Sharaf DG, noted that the business environment across the UAE has become much more complex, resulting in organisations looking to adopt technologies such as Artificial …
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Digitization the Only Way for Banking Sector… It Won’t Threaten Jobs
Digital channels are used more frequently than branches and ATMs across all generations. Digitization is the only way forward for the banking sector and most UAE banks are investing heavily to …
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Abu Dhabi commercialises the world’s largest single solar power project
Noor Abu Dhabi is comprised of over 3.2 million solar panels, capable of providing enough capacity to 900,000 people. The UAE debuted the world’s largest single solar plant, Noor Abu Dhabi, boasting a …
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Minister Katz visits Abu Dhabi: A ‘significant step’ in Israel-Arab relations
Unlike many other news organizations, we have not put up a paywall … Foreign Minister Israel Katz took part in a UN meeting on the environment in Abu Dhabi, the Foreign Ministry announced on Monday, …
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UAE protects our rights, respects differences: Domestic workers
The UAE has a unique experience in protecting the rights of workers and providing them a decent life, given its status as home to more than 200 nationalities. The Emirates News Agency (Wam), has …
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