citing tougher disclosure rules in the U.S. The final decision for the estimated $100 billion IPO is not expected until later this year. UAE: We will increase compliance. The UAE said that it would cut production deeper in the near future in order to boost …
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3D printing: Is the construction sector catching up?
One key issue, according to Fahmi Al-Shawwa, CEO of Immensa Technology Labs – a UAE based 3D printing company – is the commercial viability of construction related 3D printing. The number one challenge is cost, agrees Thasarathar. “Who is going to …
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UAE asks banks to freeze accounts of those named on Qatar-linked blacklist
Doha denies the claims. In a circular, the UAE watchdog asked banks and financial institutions to “start immediate search for and freezing of all bank accounts, investments, and deposits that may be held by any individual or entity” included on the …
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Ras Al Khaimah Properties : RAK Properties’ earnings soar on increase in off-plan sales
“With proven excellence in a wide range of projects, the leading property developer is expected to announce additional residential, hospitality and retail projects to further its growth this year.” At the Cityscape Abu Dhabi property exhibition in March …
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Norway’s wealth fund buys property in central Paris
OSLO, July 28 (Reuters) – Norway’s sovereign wealth fund has agreed to pay 462.2 million euros ($541.28 million) for a property in central Paris owned by subsidiaries of Abu Dhabi Investment Authority, it said on Friday. The property comprises 24,500 …
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RAK Properties half year revenues hit $57.4m
Leading property development firm RAK Properties has announced record … The firm, which is listed on the Abu Dhabi Stock Exchange, currently boasts total assets valued at Dh5.11 billion ($1.39 billion), a significant increase on the Dh4.99 billion …
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Abu Dhabi Q2 earnings estimates
Q2 2017 %change Arqaam Capital 526.00 3.69 EFG Hermes 494.00 -2.62 Abu Dhabi Islamic Bank reported a net profit of 507.30 million dirhams in the second quarter of 2016. —– ALDAR PROPERTIES …
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Keep on trucking: UAE start-up founder sets his sights on GCC
Dubai: Trukker, one of the UAE’s latest start-ups … We’ve committed to continue pumping cash in to the business even if we’re not making money,” Biswas said. The next step Now, satisfied with their progress in the consumer market, Trukker …
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Dubai ahead of Bahrain in innovation
Bahrain is losing ground to Dubai as a regional hub for financial services and must adopt new technology to stay relevant, a new report revealed yesterday. “The United Arab Emirates has been a more enthusiastic adopter and promoter of fintech …
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Thousands of North Korean labourers in US-allied Gulf nations
DUBAI, United Arab Emirates — As pressure on North Korea grows over its nuclear weapons program, America’s most valued Arab allies host thousands of its labourers whose wages help Pyongyang evade sanctions and build the missiles now threatening the U.S …
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Salman Khan and Katrina Kaif’s Tiger Zinda Hai now moves to Abu Dhabi from Morocco.
It will happen in Abu Dhabi again! Director Ali Abbas Zafar revealed it saying on Twitter, writing, “4th schedule of @TigerZindaHai done in morocco, thank you local production you guys did a fabulous job, here we come Abu Dhabi -last one.”
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United Arab Emirates mission evaluates investment options in Costa Rica
The mission is part of the Abu Dhabi Fund for Development, according to a news release from the Costa Rican Foreign Ministry. Local officials presented projects that focus primarily on public infrastructure and public services. Among these are the …
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Indian body repatriation rules cause confusion again
Abu Dhabi: While the controversy on the repatriation procedures of mortal remains to India continues, two divergent positions have emerged on the issue from two different quarters of the Indian government. As Gulf News reported on July 10, a circular …
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Top 5 factors that influence customers’ choice of a hotel in Ghana
Strong Wifi connection, on site restaurant … In modern day, countries such as the UAE and the USA have up to 7 star hotels with ultramodern facilities and mind-blowing architecture. In Ghana, there are quite a few 4-5 star hotels and many budget to …
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Pakistani expats hail Supreme Court decision
Dubai: Pakistani expatriates in the UAE have hailed the Pakistan … which led to the Supreme Court intervention. Speaking to Gulf News, several Pakistani expats said that the judgement sends a strong message to all politicians that there is growing …
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Summer rain brings relief from the scorching heat in the UAE
Dubai: Summer showers brought temporary relief from the scorching heat in Al Ain, Sharjah and the country’s Dhafra region on Friday. The National Centre of Meteorology and Seismology (NCMS) reported light to moderate rain on the southeast Hamim district …
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Dubai Customs holds intellectual property rights workshop
DUBAI: The Intellectual Property Rights (IPR) Department of Dubai Customs has organised a workshop to step up efforts aimed at fighting fake goods. The workshop was attended by 24 officers from Dubai Customs and other relevant government bodies across the …
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