Abu Dhabi (AFP) – Pope Francis heads to the UAE Sunday for the first ever papal visit to the Arabian Peninsula, birthplace of Islam, where he will hold an open-air mass for tens of thousands of Cathol…
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Dubai schools to close for two days this week
Schoolkids in Dubai have been given two surprise days off school this week, according to an official announcement. The Ministry of Education tweeted that pupils in the city – as well as those in Sharj…
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Abu Dhabi’s FAB Rises as It Seeks to Lure More Foreign Investors
(Bloomberg) — First Abu Dhabi Bank PJSC jumped on optimism the lender will follow regional peers and raise the foreign-ownership limit on its stock. The shares climbed as much as 5.8 percent in Abu D…
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Abu Dhabi’s FAB Surges as It Seeks More Foreign Investment
(Bloomberg) — First Abu Dhabi Bank PJSC jumped on optimism the lender will follow regional peers and raise the foreign-ownership limit on its stock. The shares climbed in Abu Dhabi as much as 5.8 …
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FAB’s Rise Boosts Abu Dhabi Stocks by Most in Mideast: Inside EM
(Bloomberg) — Abu Dhabi stocks climb the most in the Middle East as the United Arab Emirates’ biggest lender seeks to increase the limit on foreign ownership of its shares. First Abu Dhabi Bank surge…
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MIDEAST STOCKS-FAB leads Abu Dhabi index higher, Saudi subdued
Feb 3 (Reuters) – Abu Dhabi’s stock index led gains on Sunday, boosted by a surge in First Abu Dhabi Bank, while Saudi Arabia’s main market was buoyed by Al Rajhi Bank . First Abu Dhabi Bank, which la…
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Off-plan residential property sales in Dubai fell by 30% in 2018
Off-plan real estate sales in Dubai’s residential property market dropped by 30 per cent year-on-year in 2018, according to a new report by consultancy Core. The report stated that while off …
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Abu Dhabi’s FAB Surges as It Seeks to Raise Foreign Ownership
(Bloomberg) — First Abu Dhabi Bank PJSC jumped on optimism the lender will follow peers and raise the foreign-ownership limit in its stock. The shares climbed as much as 5.8 percent to 15.6 dirhams a…
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UAE- NRIs cheer ‘Nava Bharat’ vision
(MENAFN – Khaleej Times) The non-resident Indian community in the UAE welcomed the interim budget presented by newly-appointed Finance Minister Piyush Goyal as a smartly-balanced election-year …
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Global body ICAEW hails Dubai’s economic reforms
Accountancy and finance body ICAEW highlighted Dubai’s “promising trajectory” towards cementing its influential position as a future-proof global business capital in a new report. The organisation app…
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UAE’s ADNOC opens first service stations in Dubai
ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has announced the opening of its first three service stations in Dubai. Located in Dubai Investment Park (DIP), Umm Eselay and Al Q…
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3 Legal Ways To Start A Business In UAE As A Foreigner
You are looking for a business for sale, or you want to start your own business and become financially independent. Well, here is the exciting bit – you are don’t want the business to be in your local …
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Four ways to keep your employees healthy this flu season in the UAE
Doctors in the UAE say the current flu season is one of the worst in recent years, and this makes it even more important to take action. Here are just four key steps your business can take to keep …
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His Holiness Pope Francis Sends Powerful Message of Peace and Coexistence Ahead of Historic Visit to the UAE
ABU DHABI, United Arab Emirates — His Holiness Pope Francis, head of the Catholic Church, has sent a message on the importance of peaceful tolerance, interfaith dialogue and coexistence ahead of …
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Soon, Pakistanis can work at these rent-free spaces in Dubai
negotiated the launch of rent-free workspaces with Star Business Centre for new Pakistani entrepreneurs and business persons in Dubai. This is in line with the UAE and Pakistan’s economic reforms to s…
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UAE’s tolerance embraces faiths, runs up against politics
The UAE banned the news operations of Al Jazeera inside the country, expelled Qatari residents, blocked websites affiliated with Qatar and warned residents that anyone who expressed sympathy for Qatar …
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UAE in bid to get Qatar thrown out of Asian Cup after 4-0 defeat
Qatar’s national football team coach reacted dismissively to an appeal by the United Arab Emirates to the governing Asian Football Confederation (AFC) that claims the Qatari team used ineligible playe…
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