DUBAI (Reuters) – A U.S. company plans to start building an ultra-fast hyperloop track for Abu Dhabi’s transport system in the third quarter of 2019, it said on Wednesday. Hyperloops use magnets …
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Etihad Airways Abu Dhabi-Jakarta flight diverted to Mumbai as Indonesian woman gives birth onboard
An Etihad Airways flight travelling from Abu Dhabi to Jakarta was diverted to Mumbai on Wednesday morning after a woman passenger gave birth onboard. MUMBAI: An Etihad Airways flight travelling from A…
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UAE residents report fall in financial confidence in Q3
UAE residents saw their financial confidence drop significantly in the third quarter as they worried about the rising cost of living, according to comparison site Yallacompare. The company’s …
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Mideast’s biggest solar energy expo opens in Dubai
Leading companies from across the globe will be showcasing their most advanced solar technologies, at the third Dubai Solar Show which opens on Tuesday (October 23) in the UAE emirate. It is being hel…
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Dubai readies 20 different technologies for Expo 2020
Ahead of the global expo, scheduled for Dubai, United Arab Emirates come October 2020, the city will make available over 20 different technologies for the success of the programme. The expo, which …
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Eagle Hills Abu Dhabi Reaps Three Awards At the 2018 Arabia Property Awards
Eagle Hills, an Abu Dhabi-based private real estate investment and development company, scooped three awards at the 2018 Arabia Property Awards, part of the International Property Awards. Palace Fujai…
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Dubai’s costliest deal in Q3 is Dh90 million Emirates Hills villa
The most expensive property sold in Dubai in the third quarter of 2018 was an Emirates Hills villa for a whopping Dh90 million. This was followed by a property in Downtown Burj Khalifa which was sold …
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First Abu Dhabi Bank to start commercial banking in Saudi Arabia this year
DUBAI: First Abu Dhabi Bank (FAB), the largest lender in the UAE by assets, said on Monday it will launch commercial banking operations in Saudi Arabia by the end of this year. The bank, which was gra…
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Louvre Abu Dhabi unveils new acquisitions, loans
This month, Louvre Abu Dhabi will unveil 11 new acquisitions in its permanent galleries and 40 new loans throughout the year including ancient, modern and contemporary masterpieces from around the wor…
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Abu Dhabi real estate under pressure going into 2019, says Chestertons
International property firm Chestertons says real estate sales prices and rental rates will face continuing pressure in Abu Dhabi into 2019 before the market feels the benefit of the government’s $13. …
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20th Water, Energy, Technology, and Environment Exhibition Attracts Participation of 70 Local and International Companies
Dubai Electricity and Water Authority (DEWA), organisers of the 20th Water, Energy, Technology, and Environment Exhibition (WETEX), is holding this year’s event under the theme ‘At the forefront of su…
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Abu Dhabi real estate market hit by job losses, new supply in Q3, trend to continue into 2019
Abu Dhabi residential property rents and sales prices continued to fall in the third quarter as redundancies and new supply hampered demand, according to real estate services firm Chestertons.
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Emaar: With Iconic Dubai Creek Tower and Dubai Square, Dubai Creek Harbour Set to Record 30 to 40 Percent Uplift in Property Prices
Dubai Creek Harbour, the six square kilometre mega-development, located only 10 minutes from Dubai International Airport and the iconic Burj Khalifa, is set to record an uplift in residential property …
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Dubai International to replace 150,000 light bulbs, install 15,000 solar panels
Dubai Airports has signed a deal with Etihad Energy Services Company to replace 150,000 conventional light bulbs and erect a solar array at Dubai International Airport. The agreement will see …
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WETEX & Dubai Solar Show Bring Together Latest Technologies in Clean & Renewable Energy, Water, and Green Development
Dubai Electricity and Water Authority (DEWA) is organising the 20 th Water, Energy, Technology, and Environment Exhibition (WETEX 2018) and the 3rd Dubai Solar Show from 23 to 25 October 2018 at the D…
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Dubai to offer digital currency payments
It confirms Dubai’s status as an international tech hub. Deploying cutting-edge technology such as blockchain is a key priority and is delivering benefits to our citizens in the form of …
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UAE, Italy sign MoU to increase business opportunities
ABU DHABI, Oct 21 2018 (WAM) – Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian Export Credit Company (CDP Group), have signed a Memorandum of Understanding …
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