Dubai – Mubasher:UAE stocks are likely to see further selective buying by foreign and institutional investors on Tuesday ahead of first quarter disclosures and despite the decline in oil prices, GCC market analyst Mohamed Al Ahbaby told Mubasher.
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Dubai Police foil Sharjah bank robbery, arrest three
Dubai: Dubai Police foiled a bank robbery by arresting three men just hours before they were to attempt the heist, police said on Thursday. Major-General Khalil Ebrahim Al Mansouri, Assistant to the Dubai Police Chief for Criminal Investigation Affairs …
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Avian influenza: UAE prohibits live birds, untreated poultry products from Croatia
Dubai: The UAE has prohibited the import of all kinds of live domestic and wild birds, ornamental birds, chicks, hatching eggs and their thermally not treated wastes from the Republic of Croatia following the recent outbreak of highly pathogenic avian …
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Now enjoy free Wi-Fi at Sahara Centre in Sharjah
This latest launch expands the Wi-Fi UAE footprint to help enhance happiness through connectivity, which has seen users throughout the UAE take advantage of its seamless connectivity offering. Speaking of the success of the rollout, Jihad Tayara …
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Dubai’s Noor Bank to get new CEO – sources
The head of corporate and investment banking at Dubai’s Mashreq is leaving to become chief executive of Noor Bank, sources familiar with the matter told Reuters on Monday. Mashreq, Dubai’s third-biggest bank by assets, said John Iossifidis was leaving …
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Traded volume peaks in First Abu Dhabi Bank as rally continues
Dubai: More traders participated in the newly formed First Abu Dhabi Bank boosting liquidity in the once illiquid stock on inclusion in the FTSE emerging market index, causing a surge in the Abu Dhabi index on Wednesday, and making it a regional leader.
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Smart Dubai launches job portal
Dubai: The Smart Dubai Office has announced the launch of a new official central employment portal through which citizens and expatriates can apply for jobs that match their qualifications. Dubai Careers portal, developed by Smart Dubai Government …
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83% in UAE support new nuclear plant: Poll
The high-approval levels are good news for UAE nuclear plans as compared to other countries around the world where concerns over the ecologically safe disposal of radioactive, spent nuclear rods are high. In February at the World Government Summit in …
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Tomatito delights Abu Dhabi Festival audience with passionate debut performance while NCPA dazzle them
The 14th Abu Dhabi Festival once again secured its place as the Arabian Gulf’s largest cultural event. It has established partnerships with some of the world’s most influential cultural institutions including the Institute du Monde Arabe, Institut …
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Dubai Properties marks successful participation at International Property Show 2017 with launch of second building at Mudon views
Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has garnered exceptional interest from both domestic and international investors keen to purchase units in its second building at Mudon Views in the Dubailand …
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Indian doctor wins over Rs 17.5 crore in lottery in UAE
“It was my dad who shared the news with us since he’s the one who got the call from … The millionaire promotion is the longest-running and the biggest raffle draw hosted at the Abu Dhabi International Airport. So far, the Big Ticket raffle has declared …
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Emirates NBD Capital Completes UAE's First IPO in 2017
The IPO was Dubai’s first since Dubai Parks & Resorts floated in December 2014, a transaction on which EMCAP was also Joint Global Coordinator and Joint Bookrunner. ENBD REIT’s offer was well over-subscribed with commitments from a mix of investors …
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Abu Dhabi property owners wrongly billed for municipality fees
ABU DHABI // Property owners are being wrongly billed for tens of thousands of dirhams in taxes from which they are exempt – and threatened with having utilities cut off if they do not pay. It is the latest problem for the new municipality fee system …
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India-UAE cultural exchange in year-long initiative
In one of the initiative’s first events, more than 6,000 Indian workers will be honoured later this month (April), representatives from the 200-member IBPG told Gulf News. A full calendar of the pan-UAE cultural exchange is also being drawn up.
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Impact of VAT on UAE property: A halfway house
While new tax is unwelcome for end-users, there is no escaping the levy of value added tax, come January 1, 2018. Even as skeletal details have emerged about the VAT framework and sectors that will be exempted and zero-rated, consumers and end-users must …
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UAE’s private sector business sentiment hits 19-month high
Dubai: The UAE’s purchasing managers index (PMI) — a key indicator of business sentiment — hit a 19-month high of 56.2 during March. It was 56 in February. “The latest PMI survey for the UAE points to encouraging growth in the non-oil economy …
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Dubai real estate deals top $21 billion in first quarter
Dubai Land Department recorded 20,000 real estate transactions worth $21bn (AED77bn) during the first quarter of 2017. The Dubai Land Department revealed the results of real estate transactions during the first quarter of 2017. Sultan Butti bin Mejren …
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