DUBAI, May 1 (Reuters) – Dubai’s Emaar Properties reported an 8.5 percent increase in net profit on Tuesday on the back of strong contributions from its shopping malls business despite a weaker property market. Dubai’s residential property market is …
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Dubai Police Arrest Suspects Behind $1.9 Million Bitcoin Heist
the Gulf News reported over the weekend. “The brothers searched randomly in the market to buy Bitcoin,” revealed Criminal Investigation Department (CID) at Dubai Police director Adel Al Joker. The gang of ten individuals conned a commercial shop owner …
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What is that red sculpture outside Dubai Mall?
Dubai: A floating sculpture, suspended above the fountain at Dubai Mall, has grabbed the attention of curious visitors who wondered what it could be. The red sculpture, according to organisers, is actually a representation of time. 1.78 microseconds, to be …
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Manal shines as indie music gets night at the Dubai opera
DUBAI: Moroccan singer-songwriter Manal was one of several regional … Next up was Manal. Speaking to Arab News backstage after her set, the Moroccan artist said she’d been nervous beforehand. “I was so stressed out, because people here don’t …
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Dubai-based port operator DP World now firmly in hyperloop business
DUBAI, United Arab Emirates — The Dubai-based port operator … it shows how much money DP World has poured into the company over different funding rounds. Start your day with the news you need from the Bay Area and beyond. Sign up for our new Morning …
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Dubai Police arrest 10 people involved in Bitcoin robbery, recover 7 million dirhams
An Asian gang – led by a Gulf national – which reportedly stole 7 million ($1.9 million) in an armed robbery related to a Bitcoin scam has been arrested by Dubai Police, according to Gulf News. On April 25, the perpetrators assaulted and robbed two Asian …
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Dubai: Police Use AI Tech To Locate And Arrest Gang Suspected Of $1.9 Mln Armed Bitcoin Heist
in an armed Bitcoin heist in the Al Muraqqabat area of Dubai on Wednesday, Gulf News reports Sunday, April 29. Lieutenant Colonel Adel Al Joker, Director of Criminal Investigation Department (CID), told Gulf News: “The brothers searched randomly in the …
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Mother and daughter jailed for forcing teens into prostitution in Dubai
A 64-year-old Iraqi woman and her daughter have been jailed for 10 years for illegally flying in three teenage girls to Dubai and coercing them into prostitution, Gulf News reported. The hefty prison sentence came after one victim’s story was brought to light.
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DUBAI, United Arab Emirates | Japan PM Abe arrives in UAE on Middle East trip
DUBAI, United Arab Emirates (AP … according to the UAE’s state-run WAM news agency. Al-Jaber also leads Abu Dhabi’s state-run oil company. About a quarter of all oil imports for Japan come from the UAE, a federation of seven sheikhdoms on …
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Damac Properties Dubai PSC : supports the International Real Estate Federation’s 69th Conference to be held for the first time in the Middle East
DAMAC Properties announced its support to the Federation Internationale des Administrateurs de Bien-Conselis Immobiliers (FIABCI) which is hosting its FIABCI 69th World Congress 2018 in Dubai from 30 April – 2 May 2018, at the Dubai World Trade Centre.
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Emerging technology experts to descend into Dubai
More than 14,000 technologists from IT security, internet of things, artificial intelligence and blockchain industries are descending into Dubai to take part in the ‘Future Technology Week’. Taking place from May 1-3 at Dubai World Trade Centre, the …
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UAE and Japan sign partnership initiative
Abu Dhabi: The UAE and Japan have agreed to strengthen their relations under a framework named the Comprehensive Strategic Partnership Initiative (CSPI) during a meeting between His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and …
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UAE, Japan sign investment protection treaty to bolster ties
UAE Business Forum in Abu Dhabi. According to the Ministry of Finance’s website, the UAE has signed 58 agreements for the protection and promotion of investments with 25 per cent of the countries in the world, including most of the UAE’s trading …
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Access Bank UK eyes strong growth in Africa business through Dubai
Dubai: The DIFC branch of Access Bank UK Limited, a wholly-owned subsidiary of Access Bank Plc, a Nigerian Stock Exchange listed bank expects to see strong growth for business through Dubai operations this year. The Access Bank UK was established a decade …
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5 tips to engage bank clients in the digital era
This does not include the foreign institutions based in the Dubai International Financial Centre and Abu Dhabi Global Market. To stand out, every bank needs to be clear who it is trying to serve and deliver something of real value to their customer.
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UAE- How sukuk banks on oil’s recovery
“Noor Bank conducted a non-deal roadshow in Singapore and London in October 2017 even though there was no intention of a deal at that time. In the lead-up to this recent sukuk, we revisited Singapore and London, in addition to Frankfurt and Dubai.”
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First Abu Dhabi Bank posts first-quarter gain
First Abu Dhabi Bank (FAB), the UAE’s largest bank by assets, reported a 2 per cent year-on-year profit increase in the first-quarter, boosted by higher revenue from fees and commissions and a decline in money set aside to cover bad debt. The gain came …
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