The UAE Central Bank has announced the timings for banks during the upcoming Eid Al Adha holiday. According to a letter circulated to all major banks in the UAE, branches are required to be closed fro…
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Abu Dhabi Airports appoints Bryan Thompson as CEO
Bryan Thompson has been named Chief Executive Officer at Abu Dhabi Airports. Thompson boasts more than 25 years’ experience in different areas of airport management, most recently serving as Senior Vi…
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UAE leads Arab world in global competitiveness
The region will need to invest in its people,” the WEF said. The survey accompanying the report revealed the most problematic factors for doing business in the UAE ranked by executives included access …
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UAE varsity students address sustainability challenges
UAE University students “We will suggest new courses in our … social thought and civic action, and science and technology. We will suggest such courses to our campuses as they bring out the creativi…
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KPMG Survey Says UAE Retailers Will Increasingly Use AI And VR Technology To Enhance Retail Store Experience
Almost half of UAE CEOs in the retail industry intend to start using artificial intelligence (AI) in the next two years, as they are increasingly influenced by technology to enhance the retail store e…
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UAE toughens penalties on cybercrimes
UAE President Shaikh Khalifa bin Zayed Al Nahyan issued an … manages or runs a website or publishes information on the computer network or information technology in the interest of a terrorist group …
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UAE: Up to 25 years in jail for cyber criminals
However, for first time offenders, UAE courts at discretion can sidestep the liable fine and prison term. Instead, levying the accused “under electronic probation and monitoring”, not allowing the use …
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Dubai Government and Developers Unveil World’s Biggest Shopping Mall
a new retail metropolis in Dubai, that will “push the boundaries of modern retail and leisure by drawing on next-generation technology”. Located in Dubai Creek Harbour, the $3.5 billion project will b…
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Dubai unveils £2billion mall the size of 100 football pitches & packed with next-gen tech
Dubai flights: Can you drink alcohol onboard a plane? Dubai Square disrupts the traditional mall and retail experience… it is where technology meets the human touch, and retail meets next-generation …
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World First Blockchain Court to Be Created in Dubai
Read More How Blockchain Can Benefit the Intellectual Property Industry Cryptech: Blockchain Technologies to Transform Dubai Real Estate Industry Amna Al Owais, chief executive and registrar, DIFC Cou…
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UAE announces Eid Al Adha holiday for banks
The Central Bank has announced Eid Al Adha service timings for national banks and major branches in the UAE. Banks will close for the Eid holidays on Monday, August 20, till Thursday, August 23. They …
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Diversification makes UAE’s economy more competitive
The UAE leads the Arab world in competitiveness as increased diversification makes its economy more resilient, according to a study by the World Economic Forum and the World Bank Group. The UAE, ranke…
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Increasing Islamic banking’s global linkage
Are you working to expand Maybank Islamic into Dubai? It’s something that we’re considering. I think for us it makes sense. We have one branch in the Middle East, it’s under our conventional bank, and …
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Dubai eyes Dh110B India trade
“Our representative office in Mumbai, which was opened earlier this month, is focusing on identifying new business opportunities in the Indian market for Chamber members, attracting Indian companies t…
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DGCX and DIEDC Partner to Strengthen Dubai’s Islamic Finance Economy
The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) today signed a Memorandum of Understanding (MoU), agreeing to share knowledge, promote Shari’ah …
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Dubai Chamber waives late membership fees
Dubai Chamber of Commerce and Industry (DCCI) has announced it will waive late membership fees in an effort to reduce the cost of doing business in the emirate. The measure is the latest taken by a go…
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DAMAC Properties ‘holds its nerve’ amid Dubai real estate slump: CFO
DUBAI (Reuters) – Dubai’s DAMAC Properties DAMAC.DU, owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst qua…
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