Dubai: French smartphone start-up Wiko aims to sell around 20,000 mid-range devices per month in the UAE and re-enter the power retail segment in the first half of this year. Kashif Siddiqui, head of sales at Wiko UAE, told Gulf News that the company sold …
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Dubai Civil Defense to make use of NANO technology in putting out fires
The Dubai Civil Defense will make use of NANO technology in putting out fires and will establish a factory for producing this technology in Dubai. The UAE will be among the first countries to produce this technolgy. This was announced by expert major …
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Dubai-based deVere Group buys private bank in the Caribbean
DeVere Group, a global financial advisory company, said it has expanded into private banking by buying St Lucia-based Arton Bank. The Dubai company, which has been beefing up its presence in the Arabian Gulf in recent years, will be wading into a crowded …
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Dubai emerges as new Asia finance hub, DFSA says
Dubai: Dubai Financial Services Authority (DFSA) chairman Saeb Eigner said Chinese, Japanese and Indian banks topped the asset lists at Dubai International Finance Centre (DIFC), marking a shift in global trade to Asia. Speaking at the Asian Financial …
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Dubai Residential Property Note: “Pundits are overlooking the key risks of 2017”
Today, Phidar Advisory released its Dubai residential research note with December data, which is now reported using a 3-month moving average, as well as 2016 year-end data. The report shows nominal movements, but projects further gradual softening.
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UAE’s judicial system, police services ranked best in region
Dubai: The UAE is ranked first in the Arab world and among top 25 countries around the world in 2017 for the efficiency of its judicial system. The National Agenda Index pointed out that the UAE achieved those ranks in the ‘Ease of doing business …
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UAE investments in India likely to go up
manufacturing and energy sectors due to the visit of Abu Dhabi Crown Prince,” Gary Dugan, chief investment officer at Emirates NBD, told Gulf News. He said India has been focusing on developing its manufacturing sector through Make in India initiative …
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Hedge funds make record bet on rising oil price
However, despite the lack of headline price movement, the Financial Times reports hedge funds and other institutional investors … a fuel broker at Freight Investor Services in Dubai, told Reuters. Crude futures have fallen five per cent since their …
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Dubai firefighters use Bond-like technology to reach waterside fires
Firefighters in Dubai are taking to the skies, looking like James Bond, to put out fires with spy-level technology. They’re racing to waterside emergencies aboard jet skis. When they arrive on scene they use jetpacks instead of traditional ladders to help …
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UAE contingent to lead Republic Day parade in India
New Delhi: A contingent of 179 UAE soldiers will lead the Indian Republic Day parade this year. The UAE has sent 195 soldiers, 15 officers and 15 support staff. Of these, 144 soldiers and 35 band members will be part of the parade, said Maj Gen Rajesh …
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Dubai airport named world's busiest international airport
DUBAI, United Arab Emirates – Dubai remains home to the world’s busiest international airport after seeing 83.6 million passengers in 2016. However, the figures released on Tuesday by Dubai International Airport fall short of an estimate of 85 million …
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'Emirati troops march in India shows UAE’s love for peace'
it will symbolise the UAE’s trust in India and “our global image as a peace-loving nation,” a former defence official told Gulf News on Monday. “The march will reflect the UAE’s love towards India as way of giving back [for what India gave to the …
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Dubai investigating disabled centre over Kim Kardashian visit
DUBAI, United Arab Emirates — A state-owned newspaper in Dubai is reporting that authorities are investigating a centre for the disabled after it hosted and publicized a visit by Kim Kardashian West. A story in Tuesday’s edition of Emarat Al Youm says the …
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UAE Bank Going Digital-Only
The Commercial Bank of Dubai will soon launch CBD NOW, the UAE’s first digital-only bank. The new bank is based entirely online and will offer all the services a regular bank does, such as current accounts, saving accounts and credit card accounts.
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National Bank of Kuwait Q4 net profit rises 40 per cent
Dubai:National Bank of Kuwait (NBK), the Gulf Arab state’s largest commercial lender, posted a 40 per cent rise in fourth-quarter net profit, according to Reuters’ calculations, as the bank continued to benefit from government spending. The bank made a …
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Eshraq Properties : focuses on Abu Dhabi and Dubai projects as construction starts
Eshraq Properties says it is pressing ahead with long-delayed projects in Dubai and Abu Dhabi. The Abu Dhabi-listed developer started initial work on the Dh225 million Jumeirah Rise project in Jumeirah Village Circle in October. It said that construction …
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LinkedIn reveals list of the UAE's 45 most viewed profiles in 2016
a list of the UAE’s 45 most viewed profiles in 2016. The profiles of “exemplary professionals” include CEOs from the public and private sector and executives from industries such as marketing and advertising, human resources, technology and lifestyle …
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