Dubai: Gulf News and the Knowledge and Human Development Authority (KHDA) signed a 16-week initiative on Tuesday that will allow young people from 16 schools to report, write, design and produce their own news page. Each week will feature a page by the …
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Australian business school in Dubai makes it to Forbes list
Dubai: A Master of Business Administration (MBA) programme offered by SP Jain School of Global Management in Dubai has made it to Forbes’ top 20 list of the world’s best one-year international MBAs. The Australian business school’s flagship Global …
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Dubai Expat Guide: 24 Ways to Save Money in Dubai
It is easy to get caught up in the trappings of overspending in Dubai. Here are a few tips to help you save money in Dubai. The weather in Dubai can sometimes burn a hole in your pocket if you’re not careful about energy bills. Here are a few simple ways …
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UAE- Emaar Properties: Building an IPO boom
(MENAFN – Khaleej Times) Emaar Properties, the Dubai-based developer instrumental in setting off a free hold property boom, said on Sunday it would sell 20 per cent of its real-estate development business in an initial public offering. The move comes after …
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Emaar to offer 20% in development unit via IPO
Dubai: Emaar Properties said on Sunday it plans to offer 20 per cent of its development unit in an Initial Public Offering, an amount lower than estimated by many. Investors had been expecting the company to float up to 30 per cent of the company.
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Abu Dhabi property sale, rent prices ‘fell in Q3’
Apartment and villa sales prices decline 10% and 5% respectively year-on-year, says Asteco report Abu Dhabi property sale prices and rents continued to fall in the third quarter of the year, according to Asteco. The real estate consultancy attributed the …
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Community called to pool resources to fund solar projects
This is the newest way for UAE residents to pool their resources together as in crowdfunding in order to accelerate the adoption of solar energy in Dubai and the rest of the country, officials announced on the sidelines of the second Dubai Solar Show on …
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Djokovic, Wawrinka to return to action in Abu Dhabi
(Reuters) – Former world number one Novak Djokovic and Switzerland’s Stan Wawrinka will return from lengthy injury breaks at the Mubadala World Tennis Championship (MWTC) exhibition event in Abu Dhabi in December. After a poor run of form this year …
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Abu Dhabi Real Estate Market Remains Subdued, Says Asteco
Abu Dhabi continues to experience negative growth across all property types due to weakness in the job market and reduced housing allowances, according to the Q3 Abu Dhabi Real Estate report by leading real estate consultancy Asteco. Average apartment …
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Abu Dhabi real estate hit by weak job market
Abu Dhabi continues to experience negative growth across all property types due to weakness in the job market and reduced housing allowances, according to leading real estate consultancy Asteco. The average apartment rental rates dropped by three per cent …
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Death sought for accused in rape-murder case of boy in Abu Dhabi
Abu Dhabi: Prosecutors here asked for the death penalty for what they termed as a “merciless beast” suspected in the rape and murder of a Pakistani boy in June. Public prosecutors presented evidence in court, during which the victim’s father broke into …
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UAE Central Bank warns against Bitcoin
The UAE Central Bank has warned against Bitcoin, terming it as unofficial and lacking sufficient supervision. The warning was made by it can be easily used in money laundering and in funding terror activities, Governor of the UAE Central Bank, on the …
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Dubai Islamic Bank’s GCEO Triumphs Again at LinkedIn MENA Talent Awards
Dr. Adnan Chilwan, GCEO of Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has been awarded with the accolade of the Most Social Executive in the UAE’s Private Sector at the LinkedIn MENA Talent Awards. The awards took place last Wednesday …
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Moderate increase in loan demand, says UAE central bank survey
Demand for business loans increased “moderately” in the most recent quarter, with a similar amount of demand expected for the current quarter, according to a UAE central bank survey. The Q3 Credit Sentiment Survey, a quarterly publication that …
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UAE Central Bank warns against using ‘digital currency’
Dubai: The UAE Central Bank warned on Monday about the use of “digital coin”, saying it did not issue a license to allow the currency in the local market. The statement comes after Bitcoin, one of the cryptocurrency, hit a record high of $6,148 on …
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NCB, Mobily hit Saudi, Emaar still weighs on Dubai
DUBAI, Oct 23 (Reuters) – National Commercial Bank (NCB) and telecom stocks dragged down Saudi Arabia’s main index on Monday while Emaar Properties weighed on Dubai’s stock market for the second day in a row. The Saudi index fell 1.3 percent to 6,886 …
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Dubai Financial Market Signs Deal to Trade Futures on Nasdaq Dubai
The DFMGI tracks a basket of leading DFM-listed companies, providing broad exposure to the UAE economy in vibrant sectors including property, banking, telecoms, insurance and transport. Essa Kazim, Chairman of DFM, said: “The diversification of products …
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