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Posted on 31/10/2017

Emaar unit is said to plan IPO at premium of as much as 20%

Dubai: Emaar Properties PJSC is expected to offer shares in its United Arab Emirates development business at a 10 to 20 per cent premium to the unit’s net asset value, according to three people familiar with the plans. The lead managers on the initial …
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Posted on 31/10/2017

Dubai Fitness Challenge: Day 10

Dubai: The past two weeks of the Dubai Fitness Challenge has seen the participants Gulf News is following bursting with more energy as they push themselves to the limit everyday during the monthlong fitness campaign. Apart from exercising everyday …
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Posted on 31/10/2017

Dubai housemaid cleared of insulting the Quran

Dubai: A housemaid has been cleared of insulting the Quran by placing a copy of the holy book on the floor and sitting on it following a heated argument with her sponsor. The sponsor was alleged to have asked her 36-year-old Indonesian maid to clean the …
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Posted on 31/10/2017

DAFZA Launches First Regional e-Commerce Free Zone Dubai CommerCity

The project will accelerate the growth of the e-commerce market and will provide an environment that stimulates creativity and attract more direct foreign investments in line with Dubai Plan 2021 which aims to create a unique and sustainable economy based …
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Posted on 31/10/2017

Jamie Harron, Brit jailed in Dubai hell prison for ‘touching man’s hip’ reveals ordeal on This Morning

A BRIT jailed in Dubai for “touching a man’s hip” has opened up about his nightmare ordeal after “three-and-a-half months of hell”. Jamie Harron, 27, was convicted of public indecency and thrown in a hellhole jail after Emad Tabaza claimed he had touched …
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Posted on 31/10/2017

Dubai Solar Schools: top-tier educational institutions embrace solar

In Dubai, a unique solar initiative has been developed by Dubai Solar Schools to drive the comprehensive solar transition for Dubai’s top 100 schools and universities. Dubai Solar Schools offers schools and universities in Dubai access to fully funded …
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Posted on 31/10/2017

UAE users can now delete embarrassing WhatsApp messages

Dubai: Ever have one of those embarrassing moments when you mistakenly sent a private message to all your colleagues? Creators of the popular messaging tool WhatsApp have just activated a new feature that saves the day for users by removing texts that have …
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Posted on 31/10/2017

Abu Dhabi boy’s rape-murder case: lawyer asks court to reconsider charge

Abu Dhabi: The hearing of a Pakistani man accused of raping and killing his nephew during Ramadan resumed on Tuesday. The accused appeared in court and repeatedly denied raping and murdering 11-year-old Azan Majid Janjua, whose body was found on the …
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Posted on 31/10/2017

Emaar to end UAE’s IPO drought

But with Emaar IPO-ing a subsidiary, and with Dubai having prospered irrespective of oil pricing, the chances for a successful IPO is very optimistic. Hadi Khatib is a business editor with more than 15 years’ experience delivering news and copy of …
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Posted on 31/10/2017

UAE Ministry of Finance Expands E-Dirham System by Adding Health and Medical Sectors

The UAE Ministry of Finance (MoF) signed a membership document with the Medical Office of the Ministry of Presidential Affairs and two agreements with Abu Dhabi Health Services Company (SEHA) and the National Health Insurance Company (Daman) to join the e …
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Posted on 31/10/2017

Dubai Investments Reports Net Profit of Dh350 Million for Q3 2017

Dubai Investments, the leading, diversified investment company listed on the Dubai Financial Market, has reported net profit of AED 350 million for the quarter ending September 30, 2017, an increase of 4.8% over AED 334 million achieved during the same …
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Posted on 31/10/2017

Dubai’s DFM sees 1% fall in nine-month net profit

Dubai Financial Market Company on Monday announced a net profit of AED173.3 million for the first nine months of 2017, a 1 percent decrease compared to the same period of 2016. Net profit for the third quarter fell by 22 percent to AED27.7 million …
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Posted on 31/10/2017

UAE Property Developer DAMAC Ranks First on Forbes Global 2000 List of Fastest Growing Companies Worldwide

DAMAC Properties, a leading luxury real estate developer in the region, has clinched the number one spot on the Forbes Global 2000 List of Growth Champions, making it the fastest growing company worldwide among the top 2,000 listed by Forbes. The Forbes …
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Posted on 31/10/2017

Dubai property brokers earn over Dhs1bn in commissions

Real estate brokerage commissions in Dubai reached over Dhs1.3bn during the first nine months of the year, the Dubai Land Department (DLD) has announced. The number of active brokers in Dubai’s real estate market currently stands at 6,200. The …
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Posted on 31/10/2017

1,000 extra tickets for Louvre Abu Dhabi for November 11 opening

Abu Dhabi: It’s where you watch the rise, fall and rise of humanity throughout time. And it’s the first universal museum in the Arab world. And while being universal, it will also present Arab and regional art in a historical context, according to organiser.
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Posted on 31/10/2017

1,000 extra tickets for Louvre Abu Dhabi November 11 opening

Abu Dhabi: It’s where you watch the rise, fall and rise of humanity throughout time. And it’s the first universal museum in the Arab world. And while being universal, it will also present Arab and regional art in a historical context, according to organiser.
( read original story …)


Posted on 31/10/2017

Dubai Chamber Announces Sponsors, Partners for Global Business Forum on Africa 2017

The Dubai Chamber of Commerce and Industry has announced the list of sponsors and supporting partners for the fourth Global Business Forum on Africa, which will be hosted on November 1-2, 2017, in Dubai’s Madinat Jumeirah. Held under the patronage of His …
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