Dubai Land Department (DLD) has announced plans to host a three-day property show in the emirate in the second quarter of this year. Set to take place at the Dubai World Trade Centre (DWTC) from 9-11 April, Dubai Property Festival (DPF) will be a sales and …
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Hedge Funds’ Indian Revenge, by Way of Singapore
The Dubai Gold & Commodities Exchange recently expanded its own … could make them an attractive proposition for heavy users of these products — India-focused hedge funds. Besides, unlike with Nifty futures, which are licensed from India’s National …
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Survey finds 40% of residents plan to buy UAE property in 2018
Up to 40% of the UAE’s residents plan to invest in property within the country this year, a recently released study has revealed. The annual YouGov survey, conducted by IP Global, found that property remains the preferred investment asset of UAE residents.
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From February 4: Certificate of good conduct must for UAE work visa applicants
a UAE government body has announced. The new rule will take effect from February 4, 2018. The official news agency WAM reported on Monday that the UAE Coordination Committee approved a Cabinet Resolution issued in 2017 stipulating that expatriates who …
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Aramco invites bankers to discuss IPO
LONDON/DUBAI: Saudi Aramco has invited banks pitching for roles in … The meetings are an indication that preparations for a 2018 initial public offering, which could be the biggest IPO in history, are progressing despite market speculation it could …
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UAE Central Bank says coin availability is ‘sufficient’
Dubai: The Central Bank of the UAE on Monday said the amount of coins available in the market as “sufficient” amid complaints from consumers about exact change following the roll-out of Value-Added Tax (VAT). In a statement, the Central Bank said that …
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Young Arab business leaders honoured
Dubai: The Mohammad Bin Rashid Award for Young Business Leaders ceremony honoured exceptional young businesspeople in the UAE and Arab world on Monday. The awards were presented to the winners by Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum …
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Emirates offers special fares for economy, business class flyers
Tickets for North and South America cost as low as Dh3,535. All-inclusive business class fares from Dubai start at Dh2,595 to South Asian destinations, Dh2,895 to Middle East destinations, Dh5,295 to Africa, Dh8,095 to Asia Pacific, Dh10,305 to Europe and …
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Copthorne Hotel Dubai Celebrates 10 Years of Hospitality
“In an industry where outstanding service has always been a key success factor, Copthorne Hotel Dubai is proud to have accomplished a decade of success. We have surpassed all expectations in terms of business, hotel positioning and service standards and …
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Sharjah launches mobile pumping stations
Sharjah: Sharjah Municipality on Monday inducted three mobile pumping stations to deal with emergencies caused by floods and heavy rainfall. Thabit Al Tarifi, Director General of Sharjah Municipality, said the ‘Al Sadd’ pumping stations have the …
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Will registration fees in Abu Dhabi reduced
Abu Dhabi: The ‘wills’ registration office in the capital where … So far, more than 100 people have registered their will at the office. Speaking to Gulf News, Mohammad Marria, managing partner of Just Wills, said, “It’s of paramount importance …
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Dubai reveals plan to launch new real estate festival
Dubai Land Department (DLD) on Monday announced plans to launch of Dubai Property Festival, a three-day sales and purchase event to be held at the Dubai World Trade Centre on April 9–11. The real estate authority said the festival would coincide with a …
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Breaking Travel News investigates: Ferrari World, Abu Dhabi
While Dubai might have started the United Arab Emirates hospitality arms-race, Abu Dhabi is now seeing its patient approach bear fruit. Last year the destination welcomed the opening of the Louvre Abu Dhabi to rave reviews, while a series of further …
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UAE finance ministry says VAT will have “small impact” on society
The UAE’s Ministry of Finance has said the introduction of value added tax will have only a “small impact” on society, amid cost of living concerns from some residents. A survey released on Monday showed nearly have of UAE residents were concerned …
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Dubai Land Department Launches Major Initiative to Spearhead Growth in Dubai’s Real Estate Sector
Dubai Land Department (DLD) announced the launch of Dubai Property Festival (DPF), a three-day sales and purchase event to be held at the Dubai World Trade Centre April 9 – 11, coinciding with a series of events in Dubai aimed at attracting global …
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Dubai’s Drake says UAE bank debt restructuring completed
Dubai-based contracting giant Drake & Scull International (DSI) has announced that it has successfully completed the restructuring of its corporate general bank debt in the UAE. The company said in a statement that it has also secured new credit lines and …
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UAE to distribute 70% of VAT revenues to local governments
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