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Posted on 04/02/2018

New decree allows Emiratis in Dubai to sell property grants

UAE Vice President and Prime Minister and Dubai Ruler HH Sheikh Mohammed bin Rashid Al Maktoum has issued a new decree regulating the sale of lands and houses granted to Emiratis in the city. The decree aims to protect households and preserve the …
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Posted on 04/02/2018

Dubai issues new law to regulate MRHE property sales

HH Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Dubai Ruler, has issued a royal decree to help regulate the sale of lands and houses granted in the emirate. The decree aims to provide housing solutions for the …
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Posted on 04/02/2018

January sees subdued property sales in Dubai

Dubai’s off-plan property sales slowed down in January. The volume of off-plan sales dipped 28 per cent and the value of such transactions decreased 40 per cent in January compared to a year ago, according to data released by GCP-Reidin. Only a handful of …
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Posted on 04/02/2018

Sheikh Mohammed issues new decree to regulate property sales

the Ruler of Dubai and Vice President and Prime Minister of the UAE, has issued a new decree aimed at regulating the sale of lands and property granted in the city. The new law will provide housing solutions for the beneficiaries of grants, as well as …
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Posted on 04/02/2018

Developing the UAE’s legal framework for innovation

For the UAE to become a true global innovation hub, its intellectual property laws require attention. A key to innovation is a robust intellectual property protection framework. Start-ups need a straightforward registration process for patents and other …
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Posted on 04/02/2018

UAE employees to get salary increase in 2018: Report

Executives from sales and marketing and professionals from legal and finance sectors will likely be the most in demand in the UAE this year with the best salary hikes expected for the professionals in the latter sectors, a new report has said. “Sales …
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Posted on 04/02/2018

UAE’s Etihad scrambles to shore up $1.2bn bonds

With more than $400 million of EAP debt in the hands of United Arab Emirates investors … If they don’t try to save EAP, their reputation for sophisticated financial management would take a battering,” one source said.
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Posted on 03/02/2018

Emirates in global top three for WiFi access

The Routehappy 2018 WiFi Report placed the Dubai carrier behind Delta and American. It is one of 13 airlines – which also includes Etihad and Kuwait – offering WiFi on 100 percent of long haul flights. Worldwide, 82 airlines offer in-flight WiFi — 12 …
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Posted on 03/02/2018

I rode the Dubai Metro in a first-class cabin — and it was the best subway ride I’ve ever had

The Dubai Metro operates trains with three different classes of service; Silver Class, Women and Children Only, and Gold Class. Silver Class is the regular service while Gold Class is the metro equivalent of first class. Gold Class costs more but offers …
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Posted on 03/02/2018

United Arab Emirates shares higher at close of trade; DFM General up 0.53%

Investing.com – United Arab Emirates equities were higher at the close on Thursday, as gains in the Finance & Investment, Transport and Real Estate & Construction sectors propelled shares higher. At the close in Dubai, the DFM General gained 0.53% …
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Posted on 03/02/2018

Make-Up Sector in UAE Likely to Register Significant Growth at a CAGR of 10.4% over the Forecast Period

The report highlights the key players operating in the make-up sector in United Arab Emirates. The research report profiles the key companies on the basis of several attributes such as overview of the companies, financial overview, and current development …
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Posted on 03/02/2018

Aliaa AlMheiri wins EY UAE Corporate Finance Woman of the Year Award

UAE. Aliaa AlMheiri, an Emirati female student from New York University Abu Dhabi (NYUAD), was announced as the EY UAE Corporate Finance Woman of the Year (CFWY) at an award ceremony held at the St. Regis Hotel in Abu Dhabi. Aliaa won from among a group of …
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Posted on 03/02/2018

Employed and studying: a rising UAE trend

many postgraduate students in the UAE are also holding a career. The number of students enrolled in masters programmes is growing by 10 to 15 per cent each year, educational consultant told Gulf News. Also, many employers in the UAE have established …
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Posted on 03/02/2018

Dubai permits citizens to sell ‘granted’ government homes

LONDON: The Dubai government issued a decree on Thursday that aims to “provide housing solutions for the beneficiaries of grants and their families and to preserve the demography of citizens’ residential areas,” said a report from state news agency WAM.
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Posted on 03/02/2018

Serious crimes decline by 45% in Sharjah

Sharjah: The rate of serious crimes fell by 45 per cent last year in Sharjah and the overall crime rate dropped by 7.37 per cent compared to 2016, Sharjah Police officials have said. The decrease follows ramped-up efforts, security and strategies to fight …
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Posted on 03/02/2018

Karama, Bur Dubai get better access with new flyover

Dubai: A four-lane flyover and an access bridge opened on Saturday, easing traffic moving into and heading out of Karama and Bur Dubai. Part of the phase one of the 13km-long Shindagha Corridor, a major infrastructure upgrade starting from Wafi Interchange …
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Posted on 03/02/2018

2018 – A Year of Change for Dubai Real Estate Market

Deloitte the business advisory firm launched the fourth annual Middle East Real Estate Predictions, Dubai, which predicts 2018 will be a year of change for Dubai’s real estate market, from the introduction of Value Added Tax (VAT) to the adoption of …
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