Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has today proposed a new Trust Law regime and a new Foundation Law regime. DIFC Authority’s Legislative …
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Iran Woman Cyclist Joins UAE Club
Iranian cyclist Mandana Dehghan has joined the UAE’s women’s cycling team Al Asayl. Dehghan is the first-ever Iranian woman cyclist to join a foreign cycling club, Tasnim News Agency reported. She will participate in a cycling competition in Thailand …
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UAE ranked world’s third strongest nation brand
The UAE has been ranked the world’s third strongest nation brand in a report released by valuation consultancy Brand Finance. The emirates scored 88.8 for brand strength in the sub-list placing it behind Singapore and Switzerland but ahead of Hong Kong …
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Stable banking system
DUBAI – Robust credit growth underpinned by strong capitalisation, stable funding and liquidity conditions. These are economic indicators cited by Moody’s Investors’ Service that it said will help the United Arab Emirates banking system to be as …
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Oil-rich Dubai adds a fleet of Uber Tesla electric cars
Dubai, the second largest sheikdom in the United Arab Emirates, rose to riches thanks to abundant oil. With some of the lowest fuel prices in the world, SUVs and inefficient vehicles roam the flashy Emirati city en masse. However, ride-sharing service …
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Dubai to host ‘AccessAbilities’ Expo in November
Come November, Dubai will host the Middle East’s largest expo to showcase … innovative solutions for sound sensory stimulation, braille readers, wireless monitoring devices amongst many other things. The event aims at motivating government authorities …
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BlackBerry’s new Motion will move you neither to tears of joy nor sadness
The Register got its claws on the phone today at GITEX, the Dubai tech expo where the phone was revealed … which told The Register it’s working to integrate its handsets with its Wi-Fi routers to ensure data flows very swiftly between the two.
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350 Room Holiday Inn & Suites Dubai Business Bay Announced for 2021
Expected to open in 2021, Holiday Inn & Suites Dubai Business Bay will be centrally located in Dubai’s commercial and lifestyle hub and in close proximity to major attractions such as Burj Khalifa and Dubai Mall. IHG (InterContinental Hotels Group) has …
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DEWA to install solar carports at Dubai headquarters
As part of the Shams Dubai initiative, the Dubai Electricity and Water Authority (DEWA) has announced that it intends to install solar carports at its headquarters in Dubai, as well as the Ministry of Climate Change and Environment building. The project is …
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India sets sights on UAE’s technology sector
Indian businesses have long been known to be UAE’s strong business partners especially when it comes to technology. The strong presence of Indian technology companies in UAE is reflected in the participation of over 50 Indian ICT companies in GITEX …
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From flying taxis to robocops, Dubai showcases technologies that will transform it into a futuristic metropolis
From flying taxis to Batman-style surveillance motorcycles, Dubai’s GITEX expo this week showcased innovations that were symbols of the city-state’s ambitions to be a metropolis of the future. Known for its futuristic skyline and artificial islands, Gulf …
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Abu Dhabi Begins Their Path to ICO Regulation
Abu Dhabi’s Financial Services Regulatory Authority (FSRA), have released guidelines on ICOs and digital currencies for the first time. Their stance on ICOs is that they are similar to securities and are risky, while digital currencies are seen more like …
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Jassim Al-Seddiqi: The new face of Arabian Gulf finance
In just a few years, Jassim Al-Seddiqi has become the “go to” financier in the UAE capital Abu Dhabi, and made the company he runs — Abu Dhabi Financial Group (ADFG) — one of the most important investing institutions in the Arabian Gulf.
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Sri Lanka wins Abu Dhabi Test
Sri Lanka beat Pakistan by 68 runs in the second and final Test at Abu Dhabi a short while ago. Chasing 317 to win, the Pakistanis were bowled out for 248 in the first session of the final day. This is Sri Lanka’s first ever day-night Test. Asad Shafiq was …
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UAE’s Mashreq launches digital-only bank
Mashreq has launched a full service bank that will have no branches as it embarks on a digital transformation to appeal to a new generation of people. Computer Weekly takes a look at how some of the world’s biggest financiial brands have moved to the cloud …
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UAE problem loans to rise, Moody’s warns
LONDON: Problem loans in the UAE’s banking sector are set to rise by the end of 2018, ratings agency Moody’s Investors Service warned, blaming “sluggish” economic growth seen this year. The agency has forecast that non-performing loans could reach …
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Abu Dhabi’s Aldar to hand over Ansam, Al Hadeel projects this year
Abu Dhabi developer Aldar Properties has confirmed that it will hand over two of its new projects – Ansam and Al Hadeel, before the end of this year. Located on the west side of Yas Island, Andalusian-style apartment development Ansam will be handed over …
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