The Central Bank of the UAE has issued new regulations to ensure that capital adequacy of all banks operating in the UAE is in line with revised rules outlined by the Basel Committee on Banking Supervision in Basel III, a global regulatory framework for …
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Dubai is building the city’s largest park
But being Dubai, there’s a modern touch to the plans, as the park will have WiFi connectivity and smart cards for purchasing. The first phase of construction will see 318,000 square metres completed, and work is set to start this year. This initial stage …
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UAE: World's largest park slated for Dubailand
as well as WiFi connectivity throughout its premises. Eng Hussain Lootah, director-general of Dubai Municipality, said the park’s development is in line with directives to expand Dubai’s green spaces, issued by HH Sheikh Mohammed bin Rashid Al Maktoum …
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Fintech Business, Beehive, is the First Peer to Peer Lending Platform to Receive DFSA Regulation
Beehive has become the first peer to peer lending platform to set up offices in the Dubai International Financial Centre (DIFC) and become officially authorised and regulated by the Dubai Financial Services Authority (DFSA). (Photo: http …
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Dubai's DFSA regulates first peer to peer lender
March 5 Dubai-based Beehive said on Sunday it had become the first peer-to-peer lender to become regulated by the Dubai Financial Services Authority (DFSA), the regulator for the Middle East and North Africa’s largest financial centre. After emerging in …
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Andy Murray wins his first title of the year in Dubai
DUBAI, United Arab Emirates — Andy Murray captured his first title of the year and became the first British man to win the Dubai Tennis Championships in its 25-year history when he defeated Fernando Verdasco 6-3, 6-2 on Saturday. This was Murray’s seventh …
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Pictures: Dubai reveals plans to develop city’s largest public park
Dubai has announced plans to develop the emirate’s largest … The park will also have smart cards for ticketing, purchasing and Wi-fi connectivity throughout, the statement said. Construction on the first phase of the park, covering 318,000 sqm, is …
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All eyes on Dubai skyline for wonder ads
Project designer Mr Siden, from San Francisco, hopes to bring the technology to the Middle East this year and said Dubai’s skyline was the perfect place to display what he hopes will be the future of advertising. “The UAE is an important market for us …
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Dubai Aquarium offers animal lovers a virtual reality experience that doesn’t bite
A new virtual reality experience at Dubai Aquarium and Underwater Zoo is giving visitors a glimpse into the lives of endangered species and their habitats. Paul Hamilton, general manager and curator of the aquarium, believes the technology can help to …
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Dubai’s largest park coming up in DubaiLand
Dubai is building the city’s largest public park, as big as London’s Hyde Park, in DubaiLand, it was announced on Saturday. Dubai Holding and Dubai Municipality signed a Memorandum of Understanding (MoU) to develop the park that stretches across …
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See what Dubai’s largest park will look like
Under the directives of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Dubai Holding, the global investment holding company, signed a Memorandum of Understanding (MoU) with Dubai …
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UAE football needs a level financial playing field
March 1, 2017 Updated: March 1, 2017 07:14 PM December 23, 2016 may yet go down as one of the most important days in modern UAE football history. No league matches took place that day. The UAE national team was not in action. And no major signings were …
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Abu Dhabi Municipality cracks down on banned henna
Abu Dhabi: Abu Dhabi City Municipality inspected 167 beauty salons to ensure that harmful substances or ingredients, including banned black and Chinese henna, were not being used in henna designs. Ten specialised female inspectors carried out the five-day …
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Aldar Properties : Bauer tackles Abu Dhabi job
The German foundation specialist is busy with ground improvement works on a prestigious villa community that Aldar Properties is developing. Upon completion, the project will house a high-end residential villa community with retail buildings, schools, a …
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Dubai Islamic Bank honored with record twelve accolades at Islamic Finance News Awards
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received twelve awards at the prestigious Islamic Finance News (IFN) Awards 2016, breaking its record for awards received by IFN in a single event. The Bank was recognized as the “Best …
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Lamcy Plaza fire contained without injuries
Nobody was hurt. Dubai Police rescue teams were present at the scene to provide support to Civil Defence teams,” Major-General Al Merri told Gulf News. “The building has flammable materials and clothes shops, which helped spread the fire. The reason …
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Massive fire at Lamcy Plaza in Dubai brought under control
General Rashid Al Matroushi, Director of Dubai Civil Defense, told Gulf News: “It was a big fire and It started on the top of the mall, six fire stations were called to the scene. Part of the mall was burned and we don’t know about the losses until now.”
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