After buying in banking shares, property stocks were in demand and witnessed a good amount of accumulation on UAE bourses. Dubai index closed above the 50-day moving average of 3,460, instilling further confidence among traders, who were looking to buy …
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Luxury is high on the spending priorities of GCC visitors to the UAE
The UAE’s retail sector has a synergistic relationship with tourism — visitors seek out the country for its variegated shopping options and the retail sector’s growth is closely tied to visitor spend. Due to ease of movement, proximity and other …
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Sharjah Ruler inspects projects in Shis
Sharjah: His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, yesterday (Sunday) inspected a number of vital projects and road and infrastructure networks currently being developed in Al Shis. Dr Shaikh Sultan …
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Dubai Police auction unclaimed items
Dubai: Dubai Police’s Lost and Found Department earned Dh3.86 million by auctioning 5,500 unclaimed items last November. Among the auctioned items were a Vertu mobile phone worth Dh60,000, a jet ski, a kayak and an electric generator. “All Dubai Police …
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DEWA organises solar PV training as part of ‘Shams Dubai’
Dubai Electricity and Water Authority (DEWA) organised the 11th Solar PV Expert training for specialised consultants and contractors. A total of 378 engineers and technicians have received the Solar PV Expert Certification by end of 2017. This is part of …
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Indian man wins Dh12m in Abu Dhabi’s Big Ticket draw
Abu Dhabi: An Indian man became an instant multi-millionaire on Sunday after winning Dh12 million in the latest Big Ticket raffle draw in Abu Dhabi. Hari Krishnan, an Indian resident of Dubai, hit the jackpot at the draw held in Abu Dhabi International …
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First solar panel maker sets up factory in Dubai free zone
Maysun Solar has become the first photovoltaic panel producer to set up a manufacturing facility in Dubai’s Jebel Ali Free Zone (Jafza). Maysun Solar currently manufactures 5,000 solar panels a month with a capacity to generate 40 megawatts of electricity.
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Dubai Safari Welcomes UAE Dignitaries
Dubai Safari, home to the most diverse array of animals in the UAE, today welcomed UAE dignitaries and VIPs. Eng. Hussain Nasser Lootah, Director General of Dubai Municipality, along with other members of the Dubai Safari team welcomed the UAE dignitaries …
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How this project can ease traffic between Sharjah and Dubai
Dubai: A massive bridge between Sharjah and Dubai is already 70 per cent complete … cent complete and will be ready by the third quarter of 2018, according to the news agency Wam.
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No small change even in UAE banks and hypermarkets
and 10 fils — but even some big supermarkets and banks in Dubai, Gulf News can reveal. The issue of not getting the small change back is getting public attention when the five per cent Value Added Tax (VAT) was introduced on January 1 in the UAE.
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UAE seeks shawarma karma
DUBAI: UAE standards chiefs have taken aim at the region’s … and to protect the community from the risk of exposure to unsafe food, state news agency WAM reported. Workers handling the meat should “have a valid health certificate, be free from …
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More power to the UAE
Associate Business Editor of Khaleej Times, is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism for 35 years, including 23 years with Khaleej Times. A post-graduate in English and …
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UAE markets off to a very strong start
2018 is off to a strong start with UAE markets spiking off lows during the shortened three-day trading week due to the New Year’s holiday. Oil was supportive of bullish investor sentiment and completed the week strong for the third week in a row.
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Dubai SME receives 456 entries from 10th Mohammed bin Rashid Award for Young Business Leaders
Dubai: Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced on Saturday that it has received 456 entries for the 10th Mohammad Bin Rashid Award for Young Business Leaders. Of those, 251 are from …
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Police surprise birthday celebrators at Dubai airport
Dubai: Passengers arriving at Dubai International Airport and whose birthday was on Saturday were surprised to be greeted by Dubai Police at the plane’s door. Police then escorted those passengers to passport control, easing arrival procedures, before …
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Abu Dhabi To Host International Conference On Diplomacy, Security
The International Institute for Cultural Diplomacy – Abu Dhabi, IICD, will organise, on Sunday, an international conference, titled, “The New Nexus: Diplomacy, Security, and the Digital State.” “The conference will examine the nature of and inter …
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52.9m travelled through Dubai ports last year
Dubai: More than 52.9 million passengers travelled through Dubai ports last year, according to a report issued by the General Directorate of Residency and Foreigners Affair (GDRFA) – Dubai. Of them, some 49.9 million used Dubai International Airport, an …
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