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Posted on 05/09/2018

Plane from Dubai quarantined at NYC airport after passengers fall ill

A plane has been quarantined after numerous passengers became ill aboard a flight from Dubai that arrived at New York City’s … an airline spokesperson said in a statement. Video from news helicopter…
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Posted on 05/09/2018

Sharjah International Book Fair to open on October 31

Dubai: The much awaited Sharjah International Book Fair (SIBF) will return on October 31 for another exciting calendar of events, it was announced on Wednesday. The 37th edition of the largest …
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Posted on 05/09/2018

UAE tenants paying same, higher rents despite market declines

One in five UAE residents were found to be paying a higher rent for the same property in the second quarter than 12 months previously, according to a new survey. The findings, based on responses …
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Posted on 05/09/2018

Plot twist: UAE residents paid higher rents this year

Despite the downturn in the United Arab Emirates property market, one in five residents paid more in rent for the same property than they did a year ago, a survey showed. According to the newest yalla…
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Posted on 05/09/2018

Over 2,750 properties of Pakistanis traced in UAE

… with the cooperation of Dubai authorities have traced 2,750 overseas properties in the United Arab Emirates (UAE). These overseas property empires were allegedly acquired by Pakistani nationals wi…
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Posted on 05/09/2018

Dubai’s RTA starts driverless vehicle trial in Sustainable City

The new phase, which will continue until the end of this September, is part of RTA’s plan to test the driverless technology means under Dubai’s climate conditions,” said Ahmed Bahrozyan, CEO of RTA’s …
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Posted on 05/09/2018

Dubai Slowdown Prompts S&P to Lower Ratings of Two State Firms

It also downgraded DIFC Investments LLC, which owns properties in Dubai’s tax-free financial center, to BBB- with a stable outlook. “Credit conditions in Dubai have deteriorated, which we believe affe…
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Posted on 05/09/2018

Warning: Blowing dust, poor visibility in UAE

Dubai: Meteorologists have warned UAE residents against widespread dust and reduced visibility in some areas. The National Centre of Meteorology and Seismology cautioned the public that with fresh …
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Posted on 05/09/2018

Xeros to supply UAE with near-waterless commercial washing machines

DUBAI: Xeros Technology Group plc, the UK-headquartered technology business and innovator of a near-waterless laundry system, announces the supply of 32 near-waterless washing machines to Encom Tradin…
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Posted on 05/09/2018

UAE project pipeline ‘boon for Islamic banking sector’

The UAE banking sector is set to benefit from the emirates’ project pipeline of construction and infrastructure-related initiatives, which forms a key component of the country’s drive to diversify the …
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Posted on 05/09/2018

DME launches 8 new oil contracts

DME Chairman Ahmad Sharaf said: “The new listings are the next step in the natural evolution of the DME and exchange-traded products across the Asian markets, helping customers to hedge physical … b…
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Posted on 05/09/2018

NRI investors in deposit products stand to lose heavily from rupee decline

Dubai: Thousands of non-resident Indians (NRIs … to India and an interest rate of about 2.5 per cent on the leveraged funds. In addition, customers will also pay for the currency hedge against …
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Posted on 05/09/2018

Defunct UK Hedge Fund Decries £1B Danish Tax Fraud Suit

Law360, London (August 20, 2018, 5:14 PM BST) — A defunct London hedge fund targeted by a Danish tax probe hit back … Shah, who is based in Dubai and is named in the suit, has denied wrongdoing aft…
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Posted on 05/09/2018

HDFC Bank Limited (HDB) Holdings Lowered by Earnest Partners LLC

Other hedge funds and other institutional investors have also recently … and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasur…
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Posted on 05/09/2018

World Blockchain Summit is back in the Emirates for Round 02

Date, Dubai: After a successful conference in 2017 that hosted … which is a dedicated platform for verified ICOs to pitch their idea in front of renowned investors and hedge funds, will be taking pl…
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Posted on 05/09/2018

Azimuth Capital Management LLC Buys New Holdings in HDFC Bank Limited (HDB)

Other hedge funds have also bought and sold shares of the company … and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Re…
( read original story …)


Posted on 05/09/2018

Gold prices edge up, 22k priced at Dh137 in Dubai

Hedge funds and money managers increased their net short position … Microsoft More from Khaleej Times Man converts to Hinduism to marry, wife leaves him for her parents Dubai taxis to have surveilla…
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