DAMAC Properties expects around 11,000 to 12,000 residential properties to hit the Dubai market in 2017, a steady increase compared to the average over the last two years, the group’s chief finance officer said. Supply of such properties in 2017 would …
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3 UAE law firms bag prestigious awards
… prestigious Middle East Legal Awards during a gala ceremony that was held in Dubai and attended by more than 400 lawyers. Co-hosted by the London-based business law news website, Legal Week, and the Association of Corporate Counsel (ACC) Middle East …
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Taj Dubai
This Dubai hotel provides complimentary wireless Internet access. Business-friendly amenities include desks, complimentary newspapers, and phones. Additionally, rooms include complimentary bottled water and coffee/tea makers. A nightly turndown service is …
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ADGM joins R3 Consortium on blockchain technology
Dubai: Abu Dhabi Global Market (ADGM), the emirate’s financial centre, said on Thursday it has joined R3, a New York-based financial technology firm, as a member of its international consortium. ADGM is the first regulatory body in the Middle East and …
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UAE digital investments grow from $35m to $799m in three years
Dubai: In three years, the UAE has grown the size of its investment in technology from $35 million (Dh128.5 million) in 2013 to $799 million in 2016, according to a new report released by Dubai SME on Wednesday. The State of Digital Investments in Mena …
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Batches of spoilt tablets pulled of Abu Dhabi shelves
Dubai: Health authorities in Abu Dhabi have withdrawn two batches of dietary supplements for posing a threat to the public’s health. In a statement issued recently to local Arabic media, the Abu Dhabi Health Authority announced that yellow and black …
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How digital technology is transforming Dubai
Cities are complex and dense structures in which the large majority of humans live and work. The pace of urbanization globally has accelerated over recent decades putting pressure on infrastructure, social and economic structures, as well as on the …
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Solar panel demand in Dubai dulled by red tape
Homeowners in Dubai need more incentives and fewer obstacles to encourage them to install solar rooftop panels, say experts. “We have to make it a lot easier,” said Simon Brennan of the solar contracting company SES Solar, speaking at an IHC sustainability …
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Dubai issues ban on disposable mobile chargers
The small and wireless portable chargers for both Android and iOS phones are branded as “Power Patch” and sold online through a website. Hussain Nasser Lootah, director general of Dubai Municipality has issued a decree banning these chargers that pose …
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Donald Trump Jr., Dubai business partner discuss ‘new ideas’
Donald Trump Jr. traveled to Dubai and met a billionaire business partner in the city-state, discussing “new ideas” as the Emirati’s real estate firm still lists possible plans for future joint projects while Trump’s father is in the White House.
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Evicted tenant is refusing to vacate Dubai property
My husband and I bought a property with a tenant living in it in July 2015. He is on a five-month rolling contract, as that was his time remaining from the previous owner. After a lot of backwards and forwards and underhanded tactics from his side, we …
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Dubai Real Estate Report
Damac Properties, a pioneering property developer in the Mideast has recorded a net profit of USD240mn for the first quarter of this year, marking net margins of 45 percent. Additionally, the developer posted profits of Dh1.95bn, with gross profit margins …
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Dubai property: returns on the up
The property market in Dubai is on the up due to an increase in projects throughout the sector. The Dubai Land Department has revealed that the volume of investment in local real estate during the first half of 2016 reached $7.6 billion. As well as …
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How family businesses helped build the UAE
In 1942, when 18-year-old Maghanmal Jethanand Pancholia landed in Sharjah, he was already the third generation to join his family business in what would later become the UAE. Now 94, he recalls that his grandfather arrived in the Trucial States in 1860 in …
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UAEJJF Announces Abu Dhabi Grand Slam Jiu-Jitsu World Tour Season 3
Abu Dhabi, UAE, 17th May, 2017: The UAE Jiu-jitsu Federation® (UAEJJF), the official authority for the sport of jiu-jitsu in the United Arab Emirates, announces the return of the most prestigious jiu-jitsu world tour: Abu Dhabi Grand Slam® Jiu-Jitsu …
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UAE dirham celebrates 44 years in circulation
Dubai: As the UAE dirham marks its 44th birthday on May 19, the currency continues to celebrate the seven emirates after undergoing several transformations. First released in 1973, the banknotes began their journey in denominations of 1, 5, 10, 50 and 100 …
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UAE successfully teaching tolerance: Al Zaabi
Geneva: The UAE has been instrumental in integrating values of tolerance and cohesion in its educational system, said Obaid Salem Al Zaabi, UAE’s Permanent Representative to the UN and other international organisations in Geneva. Ambassador Al Zaabi said …
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