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Posted on 12/06/2017

‘An unwise idea’: Prof critical of plan to haul icebergs to Dubai

She also points out that the icebergs are likely to melt and break apart while they’re being dragged through the Indian Ocean to Dubai. “This is a stopgap measure with dubious success,” she said. The U.A.E.’s National Advisor Bureau, which is behind the …
( read original story …)


Posted on 12/06/2017

UAE property market is changing: here’s what you need to know

New research from Allsopp & Allsopp, Dubai-based residential real-estate firm, has revealed landlords are now much more confident accepting four or more rent cheques a year rather than one. As of May 2017, some 33 per cent of tenants who found their ideal …
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Posted on 12/06/2017

Filipino artists make their mark in the UAE

… based performer first gave UAE fans a taste of her comeback in the singing showdown Expat Duets. “I still want to be recognised as an international singer, if there is a chance,” a smiling Marcelo told Gulf News in January. “If not, I’m …
( read original story …)


Posted on 12/06/2017

MIDEAST STOCKS-Qatari banks fall after UAE red flag, Dubai’s Emaar climbs

DUBAI, June 11 Shares in Qatari banks fell in early trade on Sunday after the central bank of the United Arab Emirates ordered UAE banks to be wary of any accounts they hold with six Doha-based banks. In Dubai, the largest listed property developer …
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Posted on 12/06/2017

Emaar hires Goldman Sachs to manage IPO of real estate unit

The malls unit IPO raised about $1.58 billion in 2014 and is the largest share sale in the UAE in the past nine years, according to data compiled by Bloomberg. Emaar, listed on the Dubai Financial Market, announced plans to spin-off its real estate unit on …
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Posted on 12/06/2017

UAE President issues directives to address humanitarian cases

according to UAE News Agency (WAM). These measures were in line with the statement issued by the UAE that severed ties with the State of Qatar for the pretexts mentioned in the resolution and its procedures. The official statement also underscored the UAE …
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Posted on 12/06/2017

UAE Pavilion officially opens at Expo 2017 Astana

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Emirates Group, and Chairman of the Higher Committee of Expo 2020 Dubai, today inaugurated the UAE pavilion at Expo 2017 Astana. H.H. Sheikh Ahmed bin Saeed Al …
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Posted on 12/06/2017

Police release CCTV footage of Abu Dhabi killer

Dubai: Social media users have been circulating CCTV footage of the suspect moments before he killed 11-year old Azan Majid Janjua. Abu Dhabi Police released the video footage on June 10, 2017, almost two weeks after the incident happened. In the 20-second …
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Posted on 12/06/2017

World’s largest banknote on show in Dubai

Dubai: The world’s biggest banknote — which is larger than an A4 sheet of paper — is on show in Dubai. The note, which measures 35.6cm by 21.6cm, was printed by the Philippine Central Bank in 1998, to mark the 100 years of independence. Only 1,000 of …
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Posted on 11/06/2017

Dubai’s Emaar Hospitality CEO on why global expansion is the way ahead

Dubai’s hospitality industry has remained fairly resilient … “I think it’s always important in the hotel business to look long term because short term volatility will always be there. This is where it is advantageous to be present in various …
( read original story …)


Posted on 11/06/2017

Dubai business conditions improve in May

Private sector business conditions in Dubai recorded robust improvement in May with output and new orders expanding, but the growth momentum eased to a seven-month low. Emirates NBD’s Economy Tracker Index, which tracks business confidence across the non …
( read original story …)


Posted on 11/06/2017

Dubai’s private sector growth eases to seven-month low

Business conditions in Dubai’s private non-oil sector slowed down, with growth easing to a seven-month low, according to the monthly index from Emirates NBD. Although output and new orders expanded, the seasonally adjusted Emirates NBD Dubai Economy …
( read original story …)


Posted on 11/06/2017

Dubai SME backs more than 23,000 entrepreneurs

More than 23,000 Emirati entrepreneurs have received business consultancy services from Dubai SME since its inception and the agency has also supported the launch of over 4,000 projects. Sami Al Qamzi Dubai SME has also been successful in securing nearly …
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Posted on 11/06/2017

Why can’t I give my kid a fairytale? Mom reveals she spent $25,000 on her son’s Dubai-themed prom send-off that featured supercars, a camel and three dates, after he helped her …

The mother who splurged $25,000 on exotic cars, three tons of sand and even a camel for her teenage son’s extravagant Dubai-themed prom send off, has spoken out about the touching reason she threw him such a lavish party and why she’s pushing back against …
( read original story …)


Posted on 11/06/2017

This mother spent over AED90,000 on a Dubai-themed pre-prom bash

Saudia Shuler has spent over AED90,000 (US$US25,000) to give her son Johnny Eden Jr. the ultimate Dubai-themed pre-prom bash. The extravagant bash that took place last week included a camel, three tons of sand, three sports cars as well as three custom …
( read original story …)


Posted on 11/06/2017

Expats lacked financial discipline those days

Sheikh Sultan was just 24 years old when we decided to start present Barjeel Geojit Securities LLC, the Indo-UAE joint venture in financial services. I have tremendous satisfaction for being instrumental in the formation of this joint venture, which has …
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Posted on 11/06/2017

Emirates offers special fare and free visa to Dubai

Emirates is offering Ghanaian travellers the opportunity to visit Dubai with a special Economy and Business Class return airfare that includes a free Visa, a free third piece of luggage of up to 23 kg and a “My Emirates Pass”. Under the special offer …
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