Danube Properties, a major Dubai-based property developer, today announced the delivery of its third project, Glitz Residences 3 at Dubai Studio City. With a development value of Dh350 million, the project contains 354 residential units including studio …
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Why you should keep investing in Dubai
After its initial boom, when the Dubai property market plummeted into its recession between 2007 and 2010 it took some time for investors to regain confidence in Dubai as a safe destination for property investment. Scores of residents and foreign investors …
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Thunder Snow wins Dubai World Cup by over 5 lengths
Thunder Snow stormed past race favorite West Coast to complete a stunning night for local stable Godolphin in the Dubai World Cup on Saturday. Beneath Belgian jockey Christophe Soumillon, Thunder Snow triumphed by more than five lengths. It was the fourth …
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Thunder Snow Wins Dubai World Cup
Saeed bin Suroor has dominated the Dubai World Cup like no other trainer and won the US $10 million feature for a stunning eighth time with the Christophe Soumillon-ridden Thunder Snow. Saeed bin Suroor has dominated the Dubai World Cup Sponsored by …
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With potential funding on the horizon, Careem talks diversification and profitability
Dubai: When it comes to the possibility of a Careem IPO, Bassel Al Nahlaoui isn’t saying. “I cannot confirm or deny it,” Al Nahlaoui said straightforwardly. Careem’s managing director for the Gulf region was speaking exclusively to Gulf News the …
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UAE cracks down on ship owners who abandon seafarers
Speaking to Gulf News, Consul-General of India in Dubai Vipul said: “It is a very welcome step. It will act as a deterrent to other companies ill-treating sailors.” He said the consulate had coordinated with the FTA to repatriate some of the distressed …
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UAE praised for enhancing foreign workers’ access to justice
“In a country known for its cultural diversity, the UAE ensures equal access to justice for all foreign workers,” Dr Hanif Hassan Ali Al Qasim, chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue, told Gulf News. Dr Al Qasim …
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UAE Team Emirates build team around Kristoff for Tour of Flanders – News Shorts
UAE Team Emirates has built their team around Alexander Kristoff for Sunday’s Tour of Flanders. The Norwegian won the 2015 edition ahead of Niki Terpstra in a two-up sprint. He may not be on the list of favourites this year but he will aim for another …
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Gemini Property Developers Strengthens Customer Relationship With Appointment of New Head of Sales
Gemini Property Developers, a Dubai-based boutique developer, today announced the appointment of new Head of Sales and Marketing to strengthen its customer relationship operations at par with the best practices. The move comes at a time when Gemini has …
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Passengers held up at Abu Dhabi airport after Air India Express flight delay
“Of the 156 passengers, we offered hotel accommodation to 136 passengers [as others had cancelled or rescheduled their bookings],” Ranjan Datta, manager, Air India Abu Dhabi and Al Ain, told Gulf News on Saturday evening. However, 36 of them could not …
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Sharjah to host MidEast Watch, Jewellery Show
Sharjah, March 31 (IANS/WAM) Expo Centre Sharjah announced on Saturday that it will host 500 local and international brands and companies at the 44th edition of the MidEast Watch and Jewellery Show from April 3 to 7. The bi-annual show, with support from …
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Abu Dhabi Police issue 10,400 fines to jaywalkers
Abu Dhabi: Within the first two months of this year, more than 10,400 fines were issued to jaywalkers who crossed roads from non-designated areas in the capital. A total of 1,083 fines were also issued to drivers who failed to reduce speed near zebra …
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Abu Dhabi Police brief students on tasks of helicopters
Abu Dhabi: Abu Dhabi Police on Saturday briefed students who joined the ‘Future Pilot’ initiative on the tasks of police helicopters. The initiative aims to promote social responsibility and strengthen the security culture among all segments of the …
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Abu Dhabi crane crash: All projects of contractor, consultant suspended
The Abu Dhabi Municipality has suspended all the projects of the contractor, consultant and subcontractor involved in the crane collapse incident at an under-construction building, that crushed several cars parked nearby. The municipality said the …
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Dubai to host global forensics conference
Dubai: The Emirates International Forensics Conference and Exhibition slated for April 9-11 will offer a forum for police, forensic and criminology specialists to share latest expertise and technology to better solve crimes and using science to serve …
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How to succeed with off-plan property investment
For instance, the UAE Central Bank’s rule allows only 50 per cent loan-to-value ratio, meaning you need to stump up 50 per cent of the property value in a deposit. This avoids investors putting down low 10 per cent deposits, only to resell the property …
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Investor trust depends on fees disclosures, performance
Dubai: Trust from investors emanates from the disclosure of fees, a survey has revealed. The credibility in the fund management industry especially for the hedge funds took a hit after the global financial crisis as investors fretted about ever-escalating …
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