Defence Minister Mohamed Mursal Abdirahman told Somalia’s state news agency Sonna. “Somalia will fully take over [its troops] trained by the UAE… Those forces will be added to the various battalions of the Somalia National Army,” Abdirahman said …
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Dubai ruler Mohammed bin Rashid calls for intellectual efforts to improve society
Dubai: The 16th annual FIKR conference was launched in Dubai … “We are getting closer to a situation where old runes are diminishing, and no news ones are put in their place,” he added. “The preparation of Arab youth so they can deal with the …
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Inaugural Dubai Property Festival ‘a major success’
The International Property Show (IPS) and the inaugural Dubai Property Festival (DPF) 2018 ended on a successful note with a huge turnout from 16,000 visitors and major real estate deals signed during the three-day event. The ‘Mega Property Sale’ also …
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Dubai Real Estate Market to Decline Further, Say Industry Professionals
Residential property prices registered 12 month decline of 2% on average while rents declined by up to 5% in some key areas Off-plan residential properties accounted for 61% of the total transfers during the quarter Approximately 3,800 units were handed …
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MAG, Wasl and Dubai Properties take top honours at Arabian Business Real Estate Awards
The UAE’s biggest real estate players walked away with the biggest prizes at the first ever Arabian Business Real Estate Awards held on Monday night, at the Ritz Carlton, DIFC. Wasl Properties received the “Pioneers of Real Estate Award”, for its …
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Map shows average rental price at every stop on the Dubai Metro
But Property Finder’s map of the average yearly cost of renting a one-bedroom a few metres from each Dubai Metro station is pretty interesting… especially if you’re a daily commuter. It seems that, in some cases, you can get a much better deal on …
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How Dubai is emerging as the hub of the future
Dubai Chamber of Commerce and Industry (DCCI) has broadcast a sponsored programme on Discovery ME detailing the city’s efforts to become a Hub of The Future. The programme details Dubai’s journey from a trading port to a global hub for commerce, trade …
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Sheikh Ahmed Bin Saeed Al Maktoum Inaugurates Orange Business Services Regional HQ in Dubai Silicon Oasis
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), today officially inaugurated Orange Business Services’ new Middle East innovation hub and regional business headquarters at Dubai Silicon Oasis (DSO).
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Kiwi to head digital strategy at Emirates Bank in Dubai
Leigh Flounders, NZTech board member is appointed head of digital strategy of Dubai bank Emirates NBD. “My move to Dubai, leading digital strategy within the financial services industry provides opportunities for New Zealand technology businesses to …
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$1.14bn in non-resident deposits in UAE Islamic banks in 2018
according to UAE Central Bank figures. According to the Central Bank statistics, at the end of December 2017 the total amounted to AED 12.81 billion ($3.49 billion). The amount of deposits in January and February is a two-year high, which official say is a …
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UAE to strengthen relations with Arab countries at financial forum
UAE Central Bank Governor, HE Younis Haji Al Khoori, Undersecretary of MoF, and a number of experts and specialists in the Arab financial sector at the Ministry and the Central Bank. Al Tayer noted the importance of the joint meeting of Arab Financial …
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Somalia to halt UAE funding for troops as relations sour
The UAE’s state news agency, WAM, said some of the 47 Emirati Armed Forces personnel on the plane were held at gunpoint and assaulted by Somali security forces. The money was allocated to support the Somali army and trainees, WAM reported. “The UAE …
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His Highness Sheikh Ahmed Bin Saeed Al Maktoum Inaugurates Orange Business Services Regional HQ in Dubai Silicon Oasis
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), today officially inaugurated Orange Business Services’ new Middle East innovation hub and regional business headquarters at Dubai Silicon Oasis (DSO).
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New York Townhouse Now On Sale For $45 Mln In Cryptocurrency
Zannet founded hedge fund Zanett Asset Management in 1992 and in 2015 founded … cities where you could use crypto to buy real estate last fall, including Miami, Dubai, New York, Lake Tahoe, and Bali. Bitcoin-only property deals have also come up …
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High-end Abu Dhabi developers sense property market rebound
Developers of high-end homes in Abu Dhabi appear to be sensing a bottoming of the market and are pressing ahead with new schemes, according to real estate consultancy Cluttons. Its Abu Dhabi Property Market Outlook report for Spring 2018 said the first …
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UAE aims to use blockchain for 50% of government transactions
UAE Vice President and Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has announced a strategy for the country to use database technology blockchain for half of government transactions by 2021. The plan follows a similar commitment …
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New fee for manual handling of baggage at Dubai International Airport
Dubai: Passengers flying out of Dubai International Airport may have to pay extra charges for baggage which require manual handling, Gulf News can reveal. A new fee has been introduced for manual handling of baggage that do not conform to standard size and …
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