DUBAI, United Arab Emirates (AP) — Tens of thousands of luxury projects were on display at a premier global property show in Dubai on Monday, but missing from the glittering mock-ups and pipeline of home dreams being rolled out were more affordable …
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Dubai Harbour to Get Second Cruise Terminal
Meraas, a Dubai-based holding company, has announced that Dubai Harbour will have a second cruise terminal in addition to the one already revealed in January 2017. Dubai Harbour will be the first cruise destination to build two terminals simultaneously …
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In pictures: Dubai reveals legacy plans for Expo 2020 district
Authorities in Dubai have unveiled plans for a new business and residential district that will utilise the site of World Expo 2020 when the exhibition is finished. District 2020 will span more than two million square metres and serve as a hub for strategic …
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Dubai raises $1.1bn loan for metro expansion
The government of Dubai has raised a $1.1bn loan that will be used to extend the city’s metro rail system, completing the first step of an infrastructure financing programme which could total as much as $2.8bn, sources familiar with the matter said on …
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Abu Dhabi City wins ‘World’s Best City’ for roads and transport infrastructure development
Abu Dhabi City has won the TomTom International Award as the ‘World’s Best City in Developing the Infrastructures Related to Traffic Management’ for 2016. The win is as a result of the emirate’s sophisticated road network and solid infrastructure.
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Dubai to shine with Solar panels on roof tops soon
Dubai Electricity and Water Authority (Dewa) has urged the emirate’s citizens and residents to benefit from the Shams Dubai smart initiative and install solar photovoltaic panels on the roofs of their premises. The initiative is already a great success …
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UAE tech firm Alef launches schools AI initiative
Alef, a technology company headed up by UAE government veteran Dr Saleh Al Hashemi, has launched pioneering artificial intelligence (AI) software in a private school in Abu Dhabi. Alef said it is holding discussions with other private and public schools in …
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Dubai developer Deyaar unveils Dhs1bn project in Business Bay
Dubai developer Deyaar has launched a new Dhs1bn mixed-use project in Business Bay, it announced during the Cityscape exhibition on Monday. Called South Bay, the residential, serviced apartment and hotel property will cover a built-up area of more than 1.3 …
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ADNOC could list stake in fuel retail business in early 2018: sources
DUBAI (Reuters) – Abu Dhabi National Oil Co (ADNOC … For ADNOC Distribution, Reuters reported in late July that banks had been mandated for the IPO, citing sources familiar with the matter. “They are still working on it, there may be other services …
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Saudi says it’s accelerating economic reforms, Aramco IPO on track
DUBAI (Reuters) – Saudi Arabia’s government is accelerating … public offering of a stake in Saudi Aramco remains on track,” the statement said. “The IPO process is well underway and Saudi Aramco remains focused on ensuring that all IPO-related …
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Saudi assures investors that reforms, Aramco IPO on track
DUBAI (Reuters) – Saudi Arabia’s government assured investors … public offering of a stake in Saudi Aramco remains on track,” the ministry said. “The IPO process is well underway and Saudi Aramco remains focused on ensuring that all IPO-related …
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Saudi Arabia’s vague economic shift leaves huge oil IPO on track
DUBAI (CNNMoney) — Saudi Arabia is still planning to sell part … shares in Saudi Aramco — which is likely to be the world’s biggest — was on track. “The IPO process is well underway and Saudi Aramco remains focused on ensuring that all IPO-related …
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Gulf IPOs to make comeback, says report
Issuers are “testing out” the IPO climate, the report concluded. 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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Saudi Aramco makes gains from R&D ahead of listing
The state-owned oil giant – soon to be part-privatised in an IPO expected to raise up to $100 billion … to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Saudi Saуs It’s Accelerating Ecоnоmic Refоrms, Aramcо IPO оn Track
DUBAI (Reuters) – Saudi Arabia’s government is accelerating … public offering of a stake in Saudi Aramco remains on track,” thе statement said. “The IPO process is well underwaу and Saudi Aramco remains focused on ensuring that all IPO-related …
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ADNOC ‘could list stake in fuel retail business in early 2018’
DUBAI: Abu Dhabi National Oil Co. (ADNOC … For ADNOC Distribution, Reuters reported in late July that banks had been mandated for the initial public offering (IPO), citing sources familiar with the matter. “They are still working on it, there may …
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Factors to watch – September 10
DUBAI, Sept 10 (Reuters) – Here are some factors that may affect … any dialogue with Qatar -SPA * Saudi says it’s accelerating economic reforms, Aramco IPO on track * Will Saudi Aramco deliver world record profit for next year’s IPO?
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