Luxury property prices in Dubai have fallen by 3.8 percent on average over the past year, according to new research by real estate consultancy Knight Frank. Its Prime Global Cities Index, Q3 2018 repo…
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HH Sheikh Hamdan Bin Rashid Al Maktoum Inaugurates Wetex 2018 and Dubai Solar Show
HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (DEWA), today inaugurated the 20th Water, Energy, Technology a…
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DeVere Group Targets Arbitrage With New Crypto Fund
Announced in a press release Thursday, the new investment offering, called deVere Digital Asset Funds, is being launched in partnership with Dubai-based hedge fund manager Dalma Capital Management. Th…
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Abu Dhabi’s unusual architecture delivers surprises
General view of Sheikh Zayed Grand Mosque in Abu Dhabi, United Arab Emirates. (CNN) – From its Bedouin past as a modest fishing and pearl diving port to the discovery and production of oil, Abu Dhabi …
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Nine-year-old girl in Dubai dies of viral infection
Dubai: A school in Dubai has asked parents not … A spokesperson from the group told Gulf News: “We have issued a health advisory and advised parents not to send their children to the school …
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UAE issues tough anti-money laundering law
Commenting on the issuing of the decree, Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, said: “The UAE’s wise leadership is keen to develop the legislative and leg…
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Deals on Nasdaq Dubai’s Islamic financing platform exceed $100bn
Established jointly by Nasdaq Dubai and Emirates Islamic, the platform meets needs ranging from funding for corporate growth and expansion to personal finance for retail customers. Transactions on the …
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UAE jumps 10 places in World Bank’s ease of doing business list
The UAE climbed 10 spots to 11th place in the World Bank’s annual ease of doing business ranking, following a package of reforms in the past year that boosted the country’s economic competitiveness. “ …
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Dubai ruler hails UAE’s emergence as global business hub
Sheikh Mohammed said significant efforts had been made by the UAE Federal Government, and other local departments, to create a “world-class business-friendly environment”. Sheikh Mohammed bin Rashid A…
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How the UAE, Saudi Arabia are planning a 5G revolution
Expo 2020 Dubai has already signed up to be Etisalat’s first major … the conceptualisation of new use cases and business models, and the integration or migration of IoT technologies. Next year “will …
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UAE gold demand set to rebound on VAT refund
issacjohn@khaleejtimes.com Associate Business Editor of Khaleej Times, is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism f…
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UAE’s credit growth gains on government and corporate demand
Dubai: Gross credit growth strengthened to … banks’ Credit Sentiment Survey there was an increase in demand for business loans across all emirates in the third quarter of 2018, though …
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DeVere moves into crypto funds management
a prominent hedge fund manager in the Dubai International Financial Centre. It comes a day after Bitcoin, the world’s original digital currency, and still largest by market capitalization, reached its …
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This Might Be the Right Time to Invest in a Property in Dubai
Prime property has become more affordable in Dubai as prices continued their downward trajectory in the third quarter of 2018. The emirate was ranked 39th in the Global Residential Cities Index by con…
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Smart City Blockchain to Launch in Dubai
“Dubai has been a pioneer in blockchain technology since its inception, while other major cities around the world were reluctant to embrace it for city-wide implementation. “The Dubai Blockchain Platf…
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UAE Flag Day marked across the country
Flag Day marked at Gulf News Gulf News also took part in raising the UAE flag during a ceremony held at its headquarters on Thursday. Employees from the newspaper’s various departments …
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Abu Dhabi records 50 financial crimes, bribery in 22 months
Abu Dhabi: The Abu Dhabi Judicial Department has logged 50 criminal cases alleging financial irregularity and bribery in the last 22 months, said senior legal officials on Thursday. Department …
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