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Posted on 15/02/2018

Injured Maria Sharapova pulls out of Dubai

February 15, 2018 11:40am EST February 15, 2018 11:40am EST Tennis, WTA, News, English, Maria Sharapova, Dubai Tennis Championships, WTA Tour An unspecified injury, thought to be pain in her forearms, has caused Maria Sharapova pull out of the Dubai Tennis …
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Posted on 15/02/2018

Sharapova, Keys pull out of Dubai

(Reuters) – Former world number one Maria Sharapova and U.S. Open finalist Madison Keys have pulled out of next week’s Dubai Duty Free Tennis Championships, the tournament organizers said on Thursday. Five-times grand slam winner Sharapova, who had a …
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Posted on 15/02/2018

Dubai Business Events sees record 212 bids in 2017

Dubai Business Events (DBE) secured a total of 212 bids throughout 2017, representing its most successful year to date, the city’s official convention bureau has announced. As a result of secured bids and proposals in 2017, Dubai is set to welcome an …
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Posted on 15/02/2018

Apartment rents on the rise in Abu Dhabi

“Abu Dhabi apartments for rent are a tale of two cities,” said … Subscribe to Arabian Business’ 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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Posted on 15/02/2018

Abu Dhabi’s Aldar Properties Q4 profit tumbles

Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported an 80 per cent fall in fourth-quarter profit due to a one-time charge, its chief financial officer said on Thursday. Aldar made a net profit attributable to owners of …
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Posted on 15/02/2018

Abu Dhabi’s Aldar reports 34% growth in 2017 underlying profit

Aldar Properties has released details of its 2017 financial performance, announcing a 34% hike in its underlying gross profit for the year. In a statement, the Abu Dhabi-headquartered property developer revealed that its 2017 underlying profit reached $ …
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Posted on 15/02/2018

Dubai’s Emaar Properties sees Q4 profit dip amid higher costs

Emaar Properties reported a 16 per cent slide in fourth-quarter net profit on Wednesday as costs weighted on Dubai’s largest listed developer. Emaar’s weak performance follows results from fellow developer Damac Properties earlier, which showed a …
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Posted on 15/02/2018

Panamanian president to attend Global Business Forum on Latin America

Juan Carlos Varela Rodríguez, president of Panama will attend the second edition of the Global Business Forum on Latin America in Dubai. Wed 14 Feb 2018 10:36 AM The second edition of the Global Business Forum on Latin America will see some of the world …
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Posted on 14/02/2018

UAE telco Etisalat Q4 profit falls 12%

UAE telecoms company Etisalat on Wednesday reported a 12 percent fall in fourth-quarter profit, according to Reuters calculations. Etisalat, which directly and indirectly operates in countries across the Middle East, Africa and Asia, made a net profit of 1 …
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Posted on 14/02/2018

16th Annual Family Forum Kicks off in Sharjah

Themed “By Morality, Nations are Built,” the Family Forum will run until 15 February. She pointed to the role of the Family Development Centres, as well as Sharjah’s Family Guidance Centre, in setting up the first Family Court in the UAE. She also …
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Posted on 14/02/2018

Indian media scrambles after being called out on fake news clip on UAE

Several media outlets across India are scrambling to control the damage after falsely attributing a two-year-old viral video where an Emirati columnist says “Jai Siya Ram” to His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi …
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Posted on 14/02/2018

Dubai has proven to be one of world’s biggest sporting hubs: HE Saeed Hareb

DUBAI: The Dubai Tour cycling has developed into one of the premier sporting events in the city of Dubai, and while the UCI has been actively involved in this progress, there is another particular sporting body that deserves to be lauded, if not more, then …
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Posted on 14/02/2018

First Chinese Spring Festival parade in Dubai on Friday

Dubai: More than 1,000 Chinese expatriates in Dubai will usher in the Chinese New Year this Friday in the first and largest grand parade in the Middle East, showcasing their culture and traditions at City Walk. The Chinese New Year begins on Friday, as per …
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Posted on 14/02/2018

Etisalat profit edges up on growing UAE revenues

Higher revenues in its domestic market enabled UAE-based telecommunications operator Etisalat to report a slightly higher profit on Tuesday. Etisalat said UAE revenues rose by 5.5 percent due to strong data services and use of broadband solutions …
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Posted on 14/02/2018

Heads of State, Ministers to Converge on Dubai for Global Business Forum on Latin America 2018

DUBAI, United Arab Emirates–(BUSINESS WIRE)–The second Global Business Forum on Latin America is set to welcome current and former heads of state, ministers, and decision makers who will gather in Dubai on February 27 th-28 th 2018 to explore trade and …
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Posted on 14/02/2018

Dubai property firm Damac Q4 profit plunges 47%

Dubai’s Damac Properties , the owner and operator of the only Trump-branded golf club in the Middle East, posted a nearly 47 percent drop in fourth-quarter profit, while full year profit dropped by 25 percent. The results came as Dubai, its core property …
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Posted on 14/02/2018

Fresh twist for UAE diners as oysters thrive in warm waters

FUJAIRAH, United Arab Emirates – The waters of the Persian Gulf have long been home to pearl oysters, providing a valuable mainstay to the Arab tribes that subsisted off its trade before the discovery of oil pumped new life into the Arabian Peninsula.
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