The mission has been completed as Hollywood star Tom Cruise bid goodbye to Abu Dhabi after wrapping up the shoot of his film, Mission Impossible Fallout. The actor confirmed the news on his official Twitter account stating: “Thank you to the amazing cast …
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Crane collapses in Abu Dhabi, crushing five cars
A crane has collapsed at a construction site in Abu Dhabi on Monday morning after it was being transported … No casualties were reported, however, one man suffered from minor injuries, reported Gulf News. The incident, which is the second of its kind …
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UAE businesses need to keep close watch on Fed moves
It is likely to raise rates further to tighten monetary policy and the UAE Central Bank will have to follow suit because of the dirham’s peg to the dollar. The UAE interest rates on corporate loans are at a margin over 3-month Emirates Interbank offer …
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Dubai’s biggest bank approves $600m cash dividend payout
Dubai’s biggest bank, Emirates NBD, has approved a cash dividend for shareholders of 40 percent amounting to more than AED2.2 billion ($600 million) for 2017. At the bank’s general assembly meeting, Emirates NBD chairman, Sheikh Ahmed Bin Saeed Al Maktoum …
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Abu Dhabi property prices report reveals “Mixed Trends”
Based on an analysis of over 94,000 property listings on leading property portal Bayut.com, Abu Dhabi property rental and sales prices reported a fairly mixed trend in February 2018. The report gauged user interest in popular areas across the capital and …
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Dubai Property Market to Banish Real Estate Gloom by Exploiting ‘Expo 2020’
It has been almost half a decade since Dubai was awash with exuberance following its Expo 2020 bid win. The property pundits of the day predicted vast transformative effects for the emirate such as vertiginous property value hikes, sold-out hotels and a …
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Dubai Property Festival stimulates sales and purchases in real estate market
UAE. Dubai Land Department (DLD) has confirmed that the Dubai Property Festival (DPF), which will be held from 9th to 11th April at the Dubai World Trade Centre, will contribute to stimulating sales and purchases in the Emirate’s real estate market.
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AVANI Hotels & Resorts to Open Dubai Property in 2020
AVANI Hotels & Resorts announced the signing of AVANI Hotel Suites & Branded Residences currently being developed in Dubai by ALFAHIM, one of the UAE’s largest conglomerates. Scheduled to open in 2020, the 48-storey new-build property will be the third …
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Expo 2020, strong economy bode well for Dubai realty
Dubai real estate has emerged as a mature and stable market in the wake of the global financial downturn and has a promising outlook riding on strong economic indicators and Expo 2020 projects, say experts. According to top industry executives, the emirate …
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Swissôtel welcomes new GM for Dubai properties
Swissôtel Hotels & Resorts has appointed Emiel Van Dijk as the general manager for both Swissôtel Al Ghurair and Swissôtel Living Al Ghurair in Dubai. Van Dijk brings 18 years of experience to the team, having worked in numerous divisions of hospitality …
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Marriott brand Aloft opens second hotel in Dubai
Aloft Hotels, a part of Marriott International, on Tuesday announced the opening of Aloft Me’aisam, the brand’s second property to open in Dubai and the fourth in the UAE. Owned and developed by Dubai Properties, the Aloft Me’aisam is situated in …
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Imperial Avenue by Shapoorji Pallonji. Downtown Dubai. Off Plan Dubai. – Dubai Video
Imperial Avenue by Shapoorji Pallonji. Impressive project in Downtown Dubai. Dubai Real Estate: Market cycle. Why this is the right time to buy property in Dubai. Dubai Real Estate: Payment Plans for Off Plan Projects. Dubai Real Estate: Ready Property Vs …
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FBR selects taxpayer for audit who invested in Dubai real estate
MULTAN: The Federal Board of Revenue Regional Tax Office has selected one taxpayer for audit who made investment in Dubai’s real estate. Source told Customs Today that the Federal Board of Revenue has provided complete details to the Regional Tax Office …
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STEP Conference in Dubai: key for tech, start-ups, SMEs, and everything digital
Why is Dubai Internet City partnering with STEP Conference? How is DIC supporting STEP in its capacity as a corporate business ecosystem? STEP is one of the foremost events for everything futuristic and transformational; bringing together an interesting …
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Dubai Duty Free makes strong start to 2018
“We have estimated it is going to cost us about AED100m ($27.2m) in arrivals sales, but expect to gain in departures which is 90% of our business.” With duty free goods sold to departing passengers from Dubai International and Al Maktoum exempt from …
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Abu Dhabi hotel guest numbers up 15pc in Feb
Hotels in Abu Dhabi recorded a 15.2 per cent increase in the number of … especially when we look at our average-length-of-stay and occupancy metrics.” – TradeArabia News Service
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Watch: How Dubai Police surprised a passenger
This was not the only initiative made by Dubai Police on International Happiness Day, as Gulf News earlier reported that passengers at Dubai International Airport had their passports stamped with a with a smiley face design and the title ‘Welcome to the …
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