Ellington Properties, Dubai’s design-led property developer, has won this year’s International Property Awards 2020-21 for delivering elegant and impecc …
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Sharjah Media City (Shams) Signs a Memorandum of Understanding With Sharjah Women’s Sports
Sharjah Media City (Shams) signed a memorandum of understanding with Sharjah Women’s Sports with the aim of enhancing communication and cooperation betw …
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Egypt’s Banque du Caire eyes slimmed-down IPO post-Covid
Banque du Caire was on the cusp of completing a $500 million listing in London and Cairo last year when Covid hit. Its chairman Tarek Fayed talks to Euromoney about investing in people and digital – …
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UAE-based Shuaa Capital boss ‘bullish’ on post-Brexit Britain
Jassim AlSeddiqi, group CEO of UAE-based Shuaa Capital, has revealed he is “bullish” about the investment opportunities in the United Kingdom and said that its contentious and protracted exit from the …
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UAE Central Banks latest
The total assets of the Central Bank of the UAE grew 6.6 per cent to hit AED470.5 billion ($128 billion) by the end of December, according to the latest official statistics. The significant growth was …
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UAE is best in region for women economic empowerment
The UAE also achieved a full score in five indicators in the latest report: Movement, Workplace, Wages, Entrepreneurship, and Pension.
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UAE Exchange suitor in merger talks with Bahrain-headquartered BFC Group
The consortium behind the acquisition of UAE Exchange is in advanced discussions with BFC Group Holdings over a potential merger that would create a regional financial services powerhouse. Prism Group …
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UAE, China’s central banks join Hong Kong, Thailand’s cryptocurrency project
The participating central banks will evaluate the project’s feasibility for cross-border fund transfers and capital market transactions, among others.
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Kuwaiti banks’ non-performing loans increase to 2% amid COVID-19 crisis – central bank
The non-performing loan ratio has seen only slight increases, and is still at historically low levels,” the central bank cited its governor Mohammad al-Hashel as saying …
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Beijing is exploring digital yuan cross-border payments by joining with Hong Kong, Thailand, UAE and the Bank of International Settlements
The People’s Bank of China is joining the Multiple Central Bank Digital Currency Bridge, a project exploring cross-border payments using distributed ledger technology, the latest step in Beijing’s …
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UAE Covid: Unvaccinated Sharjah workers to take PCR tests every 2 weeks
Establishments must display stickers to show that the workers have taken the Covid vaccine or have a negative PCR test result.
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National Bonds Expands It Reach in Sharjah’s Sahara Centre
As part of its ongoing expansion plans, National Bonds, the leading Sharia-compliant savings and investment company in the UAE, announced the opening of …
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Abu Dhabi Investment Office forms alliance with Israel tech, investment bodies
The Abu Dhabi Investment Office (ADIO) has signed cooperation agreements with two Israeli bodies, Invest in Israel and the Israel Innovation Authority, to speed up private sector collaborations on …
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You can now bring your pet along to this luxury Abu Dhabi hotel
Yas Island now welcomes four-legged guests… If you’ve been looking for a UAE staycation that truly welcomes the whole family, then it’s time you checked into the pet-friendly W Abu Dhabi – Yas Island.
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UAE to Mars in first 50 years; leaders have grander dreams for next 50
Sheikh Mohammed bin Rashid and Sheikh Mohamed bin Zayed made the comments at the end of a two-day ministerial retreat.
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Look: UAE leaders approve projects for next 50 years
The UAE leaders have approved a new edition of the National Agenda to shape the work models and performance of the federal government and ministries. Strategic projects will be launched to boost …
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UAE Jewish community gears up for Purim and 24-hour megillah reading
Purim has poignant relevance for Jews of the Diaspora. At times we hide our identities and at other times we reveal and assert that we are Jewish.” …
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