The Challenge seeks to source innovative Blockchain start-ups from around the world and bring them to Dubai, which, in turn, further establishes the emirate as an international capital for Blockchain …
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Dubai bank Emirates NBD to make it easier for VAT-registered SMEs to get loans
Dubai’s biggest bank Emirates NBD has announced the launch of a new VAT-based loan programme for small and medium-sized enterprises (SMEs) in the country. SMEs can now apply for financing by …
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Abu Dhabi Crown Prince Meets Pak PM Imran Khan For Talks On Economic Aid
With the new package, Pakistan will save a total of about $7.9 billion on oil and gas imports from the UAE, accounting for over 60 per cent of the annual oil import bill amounting to roughly $12 to 13 …
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Dubai airport’s November passenger traffic falls
DUBAI (Reuters) – Dubai International Airport’s monthly passenger numbers dropped in November, leaving the world’s busiest airport for international travellers needing a record month to meet …
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Kuwait reiterates request to Dubai to release $496 million frozen funds
DUBAI (Reuters) – Kuwait reiterated its request to Dubai to release $496 million in frozen funds held for over a year and belonging to Port Fund, part of a Kuwaiti private equity, Port Fund said on Su…
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Abu Dhabi crown prince Sheikh Mohammad arrives in Pakistan
ISLAMABAD: Crown Prince of Abu Dhabi Sheikh Mohammad Bin Zayed Al Nahyan on Sunday arrived in Pakistan on an official visit. Prime Minister Imran Khan, along with his Cabinet members, received the for…
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UAE Crown Prince likely to announce USD 6.2 billion financial assistance to Pakistan
ISLAMABAD: The UAE Crown Prince Sheikh Mohammed bin Zayed Al Nahyan will visit Pakistan on Sunday after the two sides finalised the terms and conditions for a USD 6.2 billion assistance package to Isl…
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Dubai International Financial Centre’s FinTech Hive Cements Collaboration with Innovate Finance
Latest in a series of global collaborations to keep UK and Dubai at the forefront of FinTech Dubai: Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle E…
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Three Key Company Formation Changes In The UAE That Could Affect You In 2019
This year has seen a raft of banking and business regulations sweep across the UAE. There have been new tax laws, changes in Central Bank guidelines, and a general shift in bank compliance criteria. T…
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Dubai aims to welcome 25 million visitors annually by 2025
From the buzzing streets of JBR to the historical Al Fahidi neighbourhood in Old Dubai, tourists have plenty to keep them occupied when visiting the city. But Dubai Tourism wants to deliver even more. …
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First year of VAT in the UAE: FTA reveals the key details of implementation
The UAE implemented 5 per cent VAT on the supply … The authority also held more than 35 meetings with all business groups and representatives of relevant sectors including banking, real estate …
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Sheikh Mohammed issues eight principles of governance in Dubai
3. We are a business capital The government of Dubai aims to improve the lives of its people through strengthening its economy. Dubai does not invest or involve itself in politics, and does not …
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Abu Dhabi’s third-quarter GDP surges 17%
Abu Dhabi’s overall gross domestic product (GDP … according to the state-run WAM news agency.
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Dubai Bank Wins Right to Swap Abraaj Debt
Noor Bank PJSC, which provided a $100 million loan to the collapsed Abraaj Group, won the right to swap the debt for stakes in some of the Dubai-based buyout firm’s funds, according to people with kno…
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Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan to visit Pakistan
Crown Prince of Abu Dhabi and Deputy Supreme Commander of UAE Armed Forces Sheikh Mohammed bin Zayed Al Nahyan will visit Pakistan on Sunday at the invitation of Prime Minister Imran Khan.
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UAE 1 Bahrain 1: Late Khalil penalty salvages draw
The 2019 Asian Cup got off to a dramatic start as Ahmed Khalil’s late penalty earned hosts UAE a 1-1 draw with Bahrain in Group A. Ahmed Khalil came off the bench to score a late penalty on his 100th …
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Sheikh Mohammed unveils the 8 principles of Dubai
Save our number and send “Subscribe” to +971503592257 to receive our news digest twice a day! 2. No One is Above the Law Justice is the basis of a strong and proud nation, and guarantees prosperity an…
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