The brains behind of the world’s most exciting new technologies are coming to Dubai. An invitation has been sent out by the Museum of the Future, whose curators want to determine way to showcase its futuristic installations to visitors. These include …
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Sharjah Islamic Bank celebrates listing of $500m sukuk
Mohammed Abdulla, CEO of Sharjah Islamic Bank, on Wednesday rang the market opening bell to celebrate the listing of a $500 million sukuk on Nasdaq Dubai. The sukuk is the bank’s third that is listed on Nasdaq Dubai, the region’s international exchange …
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Beggar caught with Dh300,000 in Dubai
Dubai: Dubai Police recently arrested a beggar with Dh300,000 after he conned people by asking money to build a mosque outside the UAE, officials said on Wednesday. The Arab beggar, a resident of a Gulf Country, was caught after many people paid him money …
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Dubai Properties’ flagship project to be completed in 2019
Dubai Properties’ flagship project 1/JBR, which is taking shape on one of the final plots of land in Jumeirah Beach Residence (JBR) district, is on track for a timely handover in the fourth quarter of 2019. The premium development is located on Al Mamsha …
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Dubai waterfront projects sustain buyer interest
In the recent past, this has manifested itself in the form of Dubai Properties’ 1/JBR, Meraas’ Bluewaters Island and Nikki Beach, Sobha Group’s District One and Hartland in MBR City, and the most recent Tilal Al Ghaf announced by the Majid Al Futtaim Group.
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Dubai HeliShow 2018 announces partnership with Dubai South
The Dubai HeliShow, the biennial international helicopter technology and operations exhibition dedicated to the helicopter industry, will showcase for the first time the latest trends in helicopters at the Royal Pavilion at the Al Maktoum International …
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Saudi fund hires HSBC’s local head of asset management
Dubai: Saudi Arabia’s sovereign wealth fund hired HSBC Holdings … Cyrille Urfer, who managed stocks, bonds and hedge funds for the fund, left after less than 18 months in the role, people familiar said in April. Jacobo Solis, who joined the fund …
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Saudi sovereign fund said to hire HSBC senior executive
Cyrille Urfer, who managed stocks, bonds and hedge funds for the fund, left after less than 18 months … newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Women Accounted for 30 Percent of Dubai Realty Transactions in Q1 2018
In Q1 2018, 2,431 female investors participated in 2,780 transactions and invested Dh4.4 billion in the Dubai property market, according to statistics from the Dubai Land Department. They cumulatively invested Dh27 billion in the property market in 2017 …
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UAE private sector business sees slowest improvement since 2016
Business conditions in the UAE’s non-oil private sector witnessed their slowest growth since October 2016 due to weaker momentum in wholesale, retail, travel and tourism industries, according to figures by Emirates NBD’s Dubai Economy Tracker Index.
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Pakistani restaurants that you must visit in Dubai
which is why I’ve carefully picked out seven of my favourite Pakistani restaurants in Dubai for you. Read on to know which places you definitely need to try and what to order once you get there. If you’re a fan of Nihari and beef that melts in your …
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UAE’s first endowment foundation gets licence
Dubai: The Awqaf and Minor Affairs Foundation (AMAF) has granted a licence to the first endowment foundation in the UAE, it was announced. This comes in line with the foundation’s commitment to support all philanthropic activities inside and outside the …
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Dubai Investments posts 25% jump in Q1 net profit
In March, Dubai Investments announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of $100 million. Arkan Bank is applying to the Dubai Financial Services Authority …
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Are UAE private workers getting a bonus?
Other organisations contacted by Gulf News were non-committal about following Union Coop’s example, although some of them did praise the UAE government for the generous initiative. “I don’t think the private sector will follow to give increases as …
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Are UAE private workers getting a bonus, too?
Dubai: Employees in the UAE’s private sector who are expecting a bonus anytime soon shouldn’t get their hopes up. According to human resources and compensation specialists, companies that are privately run are getting more cautious with financial …
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Iftars in Downtown, Business Bay and Al Habtoor City for Ramadan 2018
Dhs215 per person. Daily from sunset-8.30pm. JW Marriott Marquis Dubai, Business Bay (04 414 3000). There’s both a set menu and à la carte offering at Almayass. Includes Levantine favourites such as fattoush, tabbouleh and hummus. Dhs185 (set menu …
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Dubai allows transit passengers to leave airport for tours
Dubai Airports has announced an initiative allowing hundreds of thousands of daily transit passengers to leave the city’s main airport if their connection time exceeds a minimum number of hours. The ‘Microcosm of Dubai’ project, in partnership with …
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