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Posted on 11/06/2018

Dubai offers firms payment plan for fees, fines

The Department of Economic Development (DED) in Dubai has launched a package that will allow businesses … settlement with DED on commercial violations, reported Emirates news agency Wam. The service package is part of enabling businesses to overcome …
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Posted on 11/06/2018

Dubai Immigration has a message for Filipino expats

“Whatever they hear they take it (as truth),” said the top official. He said, “We are Dubai Immigration. We are coming to you and would like to share with you all our latest news and we’d like also to hear from you your advices, your suggestions – whatever …
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Posted on 11/06/2018

To redevelop Dharavi, CM knocks on Dubai doors

Nearly 30 months after the State government invited bids for the ₹22,000-crore Dharavi Redevelopment Project, Dubai-based MBM group has expressed interest, the Chief Minister’s Office (CMO) said. The group has shown interest in other infrastructure …
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Posted on 10/06/2018

Abu Dhabi Airports initiates heat stress awareness campaign

Abu Dhabi Airports promotes intensive health and safety measures for the nearing summer season as it commenced its annual ‘Beat the Heat’ campaign. Launched in support of the Abu Dhabi Occupational Safety & Health Centre (OSHAD)’ Code of Practice 11 …
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Posted on 10/06/2018

Abu Dhabi Airports to participate at the 142nd IATA Slots Conference

Abu Dhabi Airports announced today that it will be taking part in the 142nd IATA Slots Conference in Vancouver, Canada to open and enhance links within the aviation industry. The company will be joining Abu Dhabi’s Department of Culture & Tourism (DCT …
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Posted on 10/06/2018

UAE electric motorbike start-up Solva wins $50,000 Sheraa grant

The brothers hope to have 3,000 bikes on the road by the end of this year; by 2020, they hope to provide 40 per cent of all the delivery bikes in the UAE. At the Sheraa awards … media and technology among others, enabling them to connect with the …
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Posted on 10/06/2018

NRIs in UAE keen on buying Indian property

About 42.34 per cent of non-resident Indians (NRIs) in the UAE responding to a survey conducted by the Indian Property Show organizers declined requirement for finance to buy property – up from 33.66 per cent a few months ago. The slide in the Indian …
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Posted on 10/06/2018

12,871 jaywalkers fined in Sharjah

Lieutenant Saud Al Shaiba, spokesperson for the Traffic and Patrol Department, told Gulf News that Sharjah Police issued fines to 12,871 people who were caught jaywalking in the emirate till May this year. However, only five people have been fined since …
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Posted on 10/06/2018

DPS Society announces end of association with two UAE schools

The Delhi Public School Society, India, carries no responsibility whatsoever for actions of Delhi Private School, Sharjah and Delhi Private School, Dubai,” it added. Last month, Gulf News had reported that the DPS Society, which lends its brand name to …
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Posted on 10/06/2018

Atlas Jewellery’s Ramachandran out on bail, can’t travel outside UAE

Dubai: Owner of Atlas Jewellery, M.M. Ramachandran, who was in prison for defaulting on several loans, has been released on a conditional bail, sources have confirmed to Gulf News. Dh550m is the total amount involved in the multiple loan default case Known …
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Posted on 10/06/2018

Revealed: Top 10 banks in the UAE

This, along with diversification efforts, should provide a boost to the banking sector this year, meaning the forecast is for a marginal increase in returns. The UAE has seen among the biggest changes in the regional banking sector over the last year …
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Posted on 10/06/2018

Dubai’s Emirates NBD reveals Easyhub banking initiative

Emirates NBD has partnered with Diebold Nixdorf to launch Emirates NBD EasyHub, the region’s first integrated digital kiosk that will allow customers to sign up for new products and access a variety of teller services. The bank said it will function like …
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Posted on 10/06/2018

DMCC powers Islamic Bank of Afghanistan with Sharia-compliant Murabaha transaction capability

Dubai: DMCC has welcomed the Islamic Bank of Afghanistan as the newest member of its DMCC Tradeflow platform, a dedicated online platform for registering possession and ownership of commodities stored in UAE-based storage facilities. The announcement …
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Posted on 10/06/2018

UAE free zone welcomes Afghan bank as new member

Dubai: The United Arab Emirates’ (UAE) biggest free zone Dubai Multi Commodities Center (DMCC) welcomed Islamic Bank of Afghanistan as its newest member, DMCC said on on Saturday. The bank, Afghanistan’s first Islamic bank, will use service facilities of …
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Posted on 10/06/2018

Natixis to close commodity trade finance desks in Geneva and Dubai

activities in Paris as part of its new strategic plan that will see the French investment bank close desks in Geneva and Dubai. The changes will have a marginal impact on its activities and will allow Natixis “strengthen its intervention and better serve …
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Posted on 10/06/2018

DMCC welcomes Afghan bank to trade platform

DMCC, a leading Free Zone and Dubai Government Authority on commodities trade and enterprise, has welcomed the Islamic Bank of Afghanistan as the newest member of its DMCC Tradeflow platform, a dedicated online platform for registering possession and …
( read original story …)


Posted on 10/06/2018

UAE, Saudi Arabia announce joint vision through 44 projects

The United Arab Emirates and the Kingdom of Saudi Arabia have announced … build a unified industrial database, empower the banking sector in both countries, harmonize economic procedures and legislations and create a joint council to coordinate foreign …
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