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Posted on 10/01/2019

UAE energy minister says 1.2 million barrel-per-day cut is enough to balance markets

The UAE energy minister said a global oil pact that is trimming … The minister also dismissed tweets by US President Donald Trump against the alliance saying Opec+ were not in “the business of trust…
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Posted on 10/01/2019

UAE private sector activity dips, but optimism remains strong

In terms of recruitment, efforts to control costs discouraged firms from hiring additional workers at the end of 2018, despite increasing new business. “Employment was broadly unchanged, following a m…
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Posted on 10/01/2019

Man Group to fight $156m Kuwaiti lawsuit

Hedge funds are coming off their worst year in seven years … the Kuwaiti pension fund was pushing ahead with liquidation proceedings against Abraaj, upending the Dubai-based private equity firm’s at…
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Posted on 09/01/2019

Abu Dhabi fund, developer seek to sell Chrysler Building

The building’s owners, the Abu Dhabi Investment Council and New York developer Tishman Speyer, have hired commercial real estate firm CBRE Group Inc. to market the office tower, CBRE spokesman Aaron R…
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Posted on 09/01/2019

UAE consumers willing to share data with retailers despite cybercrime threats

In the UAE, sectors that enjoyed the highest level of trust among consumers are healthcare (63 per cent), banking (52 per cent), retail (51 per cent) and technology (38 per cent), while the least trus…
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Posted on 09/01/2019

Abu Dhabi fund, NY developer seek to sell Chrysler Building

The building’s owners have hired commercial real estate firm CBRE Group Inc. to market the Manhattan office tower that once served as the headquarters of the Chrysler Corp. The Chrysler Building was p…
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Posted on 09/01/2019

AFC Asian Cup 2019: India vs UAE – TV channel, live stream, squad news & preview

India will lock horns against UAE in their second Group A encounter in the AFC Asian Cup 2019 at the Zayed Sports City Stadium in Abu Dhabi, UAE, on Thursday evening. The 2019 AFC Asian Cup will …
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Posted on 09/01/2019

Average Dubai property prices soften further by 4%

Dubai’s residential sector in the final quarter of 2018 witnessed a continuation of the tough trading conditions experienced in previous quarters, according to new research by Chestertons. Average apa…
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Posted on 09/01/2019

R Hotels appoints commercial director for Dubai properties

R Hotels has appointed Nevil D’souza as commercial director for its Dubai properties. D’souza will be responsible for the overall sales and marketing strategies of the group’s four hotels in the emira…
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Posted on 09/01/2019

Three-fourth of UAE consumers are willing to share data despite cybercrime threats

In the UAE, sectors that enjoyed the highest level of trust among consumers are healthcare (63 per cent), banking (52 per cent), retail (51 per cent) and technology (38 percent), while the least trust…
( read original story …)


Posted on 09/01/2019

Abu Dhabi said to mull sale of New York’s Chrysler Building

In 2008, the Abu Dhabi government fund paid $800 million for a 90 percent stake in the property, the report says. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and busi…
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Posted on 09/01/2019

UAE residential prices, rents likely to soften in 2019

The residential prices and rents in the UAE property sector are likely to soften in 2019, however there could be additional demand in the coming months which will help underpin the market as a result …
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Posted on 09/01/2019

The great outdoors: Adventures in Dubai

DUBAI:Those living in the UAE have been enjoying the cooler months recently, but blink and it will all soon be over to make way for Ramadan and then the summer months (speaking of which, where did 201…
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Posted on 09/01/2019

Top BTCC team Dynamics to make TCR debut in Dubai 24 Hours

British Touring Car Championship outfit Dynamics Motorsport will make its first-ever TCR appearance in the 2019 Dubai 24 Hours this weekend. Dynamics has taken six drivers’ titles and seven teams’ cro…
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Posted on 09/01/2019

Abu Dhabi starts operations at world’s largest solar plant

Abu Dhabi’s Department of Energy has begun operations at the world’s largest independent solar power plan, Noor Abu Dubai. The DoE announced the start of work on Tuesday at the Dhs3.2bn ($ …
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Posted on 09/01/2019

Tag Archives: concentrated solar power

High-efficiency and rapid-start turbines support CSP (Concentrated Solar Power) operations. As part of its ongoing support to the Dubai Clean Energy Strategy 2050 and its role as a premier partner to …
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Posted on 09/01/2019

UAE’s Etisalat telecom selects four tech firms for innovation

Etisalat has selected four firms as part of the first wave, according to Fierce Telecom. These are: Yitu Technology (China), Com IoT Technologies (UAE), 300cubits (Hong Kong), and Tradefin (U.S.), who …
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