The “US-Taliban reconciliation talks” produced “tangible results that are positive for all parties concerned”, state-run WAM news agency said. A new round of talks would be held in Abu Dhabi “to compl…
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Exclusive: ActivTrades Returns Dubai License, Closes Office in UAE
Finance Magnates learned on Wednesday that retail broker ActivTrades has closed its office in the United Arab Emirates (UAE) and returned its Dubai Financial Services Authority (DFSA) license. The bro…
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Dubai says 1,748 new business licences issued in November
Dubai’s Department of Economic Development said the emirate remained a destination of choice for investment in diverse business sectors in November. Dubai’s Department of Economic Development (DED) sa…
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Dubai’s biggest bank first to support Fitbit Pay, Garmin Pay
Emirates NBD on Wednesday announced its support of Fitbit Pay and Garmin Pay, making it the first bank in the Middle East to offer this service. The move comes as wearable payment solutions gain popul…
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Venue Guide: Sharjah
Dubai: It is time to discover the UAE’s cultural heart, Sharjah, as we continue our series of venue guides, exploring the four 2019 AFC Asian Cup host cities. Sitting on the northern border of Dubai, …
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Dubai tops world in technical, scientific employment
The report compared Dubai’s economy with that of 63 others around the world in three general areas: knowledge, technology and future readiness, along with 50 sub-indices within these areas. “Enhancing …
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UAE residents can expect salary hike in 2019
Robert Half’s Salary Guide for 2019 found that 89 per cent of CEOs in the UAE are feeling confident about growth prospects and expect to achieve growth over the next 12 months. Join our WhatsApp servi…
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UAE backs Saudi rebuke of US Senate over Khashoggi killing
The statement, published Wednesday on the state-run WAM news agency, said the UAE rejects “unfounded allegations and accusations” as well as “attempts that would harm Saudi Arabia’s fundamental …
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Towers Half-Empty, Project Sites Silent: Dubai Builders Feel Market Woes
Dubai’s real estate downturn is forcing construction and engineering … in 2018 but that only one in four had projects currently active. BNC, which provides news and data on the construction industry …
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Dubai smelter signs $272mn deal to build most efficient power plant in UAE
Mubadala and Dubai Holding created a joint venture company to develop the power block and water desalination plant for EGA under a 25-year deal worth up to $272m (AED1bn). The project will fuel EGA’s …
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Dh6.2 billion pumped into mega tourism attraction in Abu Dhabi’s Yas Island
Abu Dhabi’s media cluster operator, twofour54, has brought in Aldar Properties to build a new permanent base for itself on Yas Island. Covering an initial gross floor area (GFA) of 95,000 square …
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Dubai’s property market slump hits construction sector
Dubai’s real estate downturn is forcing construction and engineering firms to cut jobs and halt expansion plans, in turn raising fresh risks for the wider economy. Known for its glittering …
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Siemens, Expo 2020 Dubai begin giant smart building project
Expo 2020 Dubai and Siemens have begun one of the largest installations of smart building technologies in the world, with more than 130 structures to be connected to digital solutions that boost energ…
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Builders bruised by Dubai’s real estate market woes
DUBAI (Reuters) – Dubai’s real estate downturn … only one in four had projects currently active. BNC, which provides news and data on the construction industry, estimates the value of delayed …
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Can Dubai Become The World Leader In Clean, Smart Mobility?
approving the two largest solar projects on the planet in 2017. In addition, the UAE (and Dubai in particular) has set some of the most ambitious goals for clean transport. Here are 5 reasons why …
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UAE sets up new fund accelerator for start-ups
A new fund accelerator has been announced by the UAE finance ministry with the aim … innovators from around the globe to establish business in the UAE. Sheikh Hamdan bin Rashid stressed that …
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UAE Ministry of Finance Launches Mohammed Bin Rashid Innovation Fund Accelerator
The UAE Ministry of Finance launched the Mohammed Bin Rashid Innovation Fund Accelerator, a public-private partnership to support local and international innovators, at a special event held at Dubai O…
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