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Posted on 11/10/2018

Dubai’s Mashreq pays $40m to New York regulator over compliance issues

The New York branch will continue to offer correspondent banking and trade finance services. Dubai-listed Mashreqbank has regional offices in Qatar, Bahrain, Kuwait and Egypt and an international …
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Posted on 11/10/2018

Dubai private sector growth eased in September

Dubai: Non-oil private sector economic activity … in average selling prices as some firms offered discounts to gain new business. Jobs growth in the construction sector was the softest since …
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Posted on 11/10/2018

Dubai private sector jobs fall for first time since March

A contraction in employment and softer output growth contributed to the loss of impetus although September’s overall improvement in business conditions remained solid overall. The Emirates NBD Dubai E…
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Posted on 11/10/2018

Employment levels drop in Dubai’s private sector, travel and tourism most hit

Output across Dubai’s non-oil private sector increased … However, the survey found that business confidence across the non-oil private sector remained “strongly positive” during September.
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Posted on 11/10/2018

Dubai airport begins using biometric tech at security

DUBAI, United Arab Emirates — Passport control looks a little different in Dubai International Airport — the world’s busiest for international travel. That’s because the airport debuted a new “smart t…
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Posted on 11/10/2018

Dubai airport opens ‘smart tunnel’ with biometric tech replacing human security

DUBAI, United Arab Emirates — Passport control looks a little different in Dubai International Airport — the world’s busiest for international travel. That’s because the airport debuted a new “smart …
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Posted on 10/10/2018

Sterling & Wilson Eyes 200 MW Solar PV Projects in Kazakhstan

DUBAI, United Arab Emirates — Sterling and Wilson, World’s leading solar EPC company, has announced its plans to enter Kazakhstan. The company is targeting EPC for Solar PV projects of …
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Posted on 10/10/2018

Dubai property market goes slow on offplan

The Dubai property market is taking some time-off from its usual offplan sales rush. In the year to date, only 15,000 new properties (from 93 projects) were released by developers, compared to a high …
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Posted on 10/10/2018

Pakistan demands answers over its nationals’ UAE property investments worth billions

Pakistan’s Federal Investigation Agency (FIA) has informed the country’s Supreme Court that 895 Pakistanis have been identified to own properties worth at least $15.5 billion in the United Arab Emirat…
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Posted on 10/10/2018

Forging India-UAE property ventures

CHENNAI: Dubai-based private developer DAMAC’s general manager and son of the chairman, Ali Hussain Sajwani visited Amir Mahal, the ancestral residence of the Prince of Arcot, Nawab Mohammed Abdul Ali …
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Posted on 10/10/2018

After shelling out almost Dh1 million in rent, is it finally time to buy in Dubai?

I try to appeal to their sense of fairness; I cite UAE property law; I get frustrated; I get upset. This elaborate performance has been repeated so often that both sides now slip into their parts almo…
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Posted on 10/10/2018

Exiting UAE with bank loan? Here’s what will happen

Pursuant to your queries, we assume that the mortgage property is residential property located in the emirate of Dubai. You should approach the bank from where you availed the mortgage loan and inform …
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Posted on 10/10/2018

Over 200 firms vie for African & Arabia Property Awards

The crème dela crème of the African and Arabian property industry will be honoured on Thursday (October 11) during a glittering cermony being held at the Waldorf Astoria Palm Jumeirah in Dubai, UAE. T…
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Posted on 10/10/2018

Property props up Dubai, banks boost Qatar

Oct 10 (Reuters) – Dubai’s stock market rose sharply on Wednesday, helped by real estate shares, while Qatar gained on the back of its banks, even as the rest of the Middle East was largely quiet. Qat…
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Posted on 10/10/2018

Property Manager – Versatile Consultancy – Dubai Jobs

Attend to incoming calls and co-ordinate with concern staff. Office cleanliness – Arrange for periodic cleaning of the office and Replenishing refreshments for the office ie. Water, plastic cups, tiss…
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Posted on 10/10/2018

Bee’ah and EVOTEQ Introduce the UAE’s First Artificial Intelligence Platform for Offices of the Future

SHARJAH, United Arab Emirates — Bee’ah, a pioneer in sustainability in the Middle East, and Evoteq, its technology partner, have announced the launch of the UAE’s first advanced Artificial …
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Posted on 10/10/2018

UAE’s Jumbo launches first 3D ‘farm’ in Jebel Ali

It said in a statement that the facility will pave the way for easy adoption of 3D printing technology for entrepreneurs in the UAE who are interested in launching business ventures with this technolo…
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