An unlicensed financial adviser has been found liable after a client lost hundreds of thousands of dirhams in an investment scheme. A civil court-appointed financial expert came to the conclusion afte…
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Dubai’s Arabtec hires US firm to advise on new restructuring plan
structuring options and engagement with finance providers,” Arabtec said in a filing to Dubai Financial Market. The company said it achieved the first major milestone raising AED1.5 billion through a …
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FAB Launches New Brand for Its Islamic Business, As Its Subsidiary Is Renamed First Abu Dhabi Islamic Finance
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, announced today that it is launching a new FAB Islamic logo inspired by the FAB Bra…
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Dubai bank Emirates NBD launches API sandbox for fintechs
Dubai bank Emirates NBD has launched its API (Application Programming Interface) sandbox, to enable open banking collaboration with fintech firms. The first lender in the UAE to launch such a …
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Visiting the UAE without health insurance? Think again
Ahmad Al Nuaimi, director of the health funding department at Dubai Health Authority (DHA), told Gulf News, “Plans are under way to extend the health insurance coverage to include visitors to Dubai.
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Girl, 9, is first child recipient of cadaver kidney in Dubai
Commenting on the deceased organ transplant in the nine year old, Dr Ali Obaidly, Director of UAE’s National organ transplant Committee, told Gulf News: “So far, nine cases of deceased organ …
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‘Hezbollah needs to be eliminated,’ UAE tycoon Al-Habtoor tells Arab-US policymakers conference
Sadly, that is not happening! It is every country for itself. I traveled from my country, the United Arab Emirates, on my way to Washington DC almost 15 days ago when the news was completely consumed …
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Video: Duo who stole Dh300,000 diamond in Dubai held in India
praised the force’s coordination with its international counterparts that helped bring the suspects to stand trial despite having fled the UAE. Also watch: Armed robber tries to steal police car (Prov…
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Supercar Blondie races 4×4 against skiier in Dubai snow slope stunt
Then, to top things off, Fardan zoomed down a ramp and gained enough height to clear the vehicle – making for a spectacular ending to the biggest on-piste ski stunt in the history of the UAE. You can …
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Indian man wins 10 million Dirhams in UAE Raffle draw
Markose, who is from Kerala and has been in Dubai since 2004, takes part in the Big Ticket for a couple of years but is not a regular, Gulf News reported. “So many are winning (from Kerala) and every …
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How Dubai is becoming more affordable, and how you can save some cash
Every week, the Time Out Dubai team discusses the biggest news and trends from across the city, in addition to revealing the best places across town to visit right now. It’s your chance to look behind …
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Dubai financial adviser Neil Grant found responsible for client’s six-figure losses by court-appointed expert
An unlicensed financial adviser has been found liable after a client lost hundreds of thousands of dirhams in an investment scheme. A civil court-appointed financial expert came to the conclusion afte…
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Dubai International Financial Centre signs agreement with China Banking Association
MoU to create synergies and promote knowledge sharing in the areas of financial services and FinTech The two entities to collaborate on sharing best practices and delivering enhanced services to their …
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United Arab Emirates shares mixed at close of trade; DFM General down 0.37%
Investing.com – United Arab Emirates equities were mixed at the close on Sunday, as gains in the Consumer Staples, Insurance and Finance & Investment sectors propelled shares higher while losses in th…
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Dubai Customs carries out 203,650 smart transactions in a week
The week-long initiative, led by the Dubai Government’s Department of Finance (DOF) under the directives of Sheikh Mohammed, aims to make Dubai the smartest and happiest city in the world by raising a…
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Dubai real estate brokers earn 35% less commission in first nine months of 2018
Real estate brokers in Dubai earned 35 per cent less commission in the first nine months of 2018 compared to the same period last year. Figures from Dubai Land Department (DLD) showed Dhs842m ($ …
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Andaz Capital Gate Abu Dhabi Opens Doors in the Middle East
View the full release here: https://www.businesswire.com/news/home/20181104005006/en/ “As we weave in the sights, sounds and tastes of the local Abu Dhabi culture, the opening of Andaz Capital …
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