(Bloomberg) — Dubai has ambitious goals for electric cars. Early adopters get free parking, no tolls and discounts on registration fees. Even the power is gratis at the 200 charging stations the …
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UAE banks’ digital drive causes upheaval in jobs market
Profits for the first nine months of the year are up by 5 percent to 1.75 billion UAE dirhams. In a press release accompanying the firm’s results, the bank’s chairman, Abdulaziz Al Ghuruair, said: “As …
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Dubai RTA, Careem launch e-hail taxi JV
Many global e-hail companies were immensely interested in teaming with the RTA as Dubai offers excellent business prospects and has a global reputation as an attractive business haven,” he noted. “Fiv…
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Revealed: Most-viewed jobs in the UAE
Four of the ten most-viewed UAE jobs in 2018 were technology-related, a LinkedIn list has revealed. The world’s largest professional network suggested that these findings underscore the UAE’s …
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UAE, GCC equities plunge; bearish trend to persist
The UAE and other Gulf equity markets plunged on Sunday following Wall Street’s poor performance on Friday due to concerns about a US government shutdown and global economic slowdown concerns. This be…
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Gross UAE bank assets surge 6% to Dh2.85 trillion
The gross assets of UAE banks surged six per cent to Dh2.854 trillion by the end of November 2018 from Dh2.694 trillion a year ago, the Central Bank of the UAE said. The banking sector’s gross credit …
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Job hunters in UAE flock to tech giants
Job hunters across the UAE gravitated towards online job listings in technology companies more than any other company in 2018, new research by LinkedIn has shown. Four of the most-viewed jobs of 2018, …
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UAE best place for religious tourism: Sikh leader
Be it mosques, churches, or Sikh or Hindu temples, “all these places of worship showcase the beauty of peace and tolerance in the UAE,” Surender Singh Kandhari, who has been living in the country sinc…
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UAE turns into a migrant hotspot
Also watch: How was the UAE founded? (Provided by Euronews) Download the Microsoft News app for your Android or iPhone device and get news & live updates on the go. Every year, thousands of migrants c…
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Why UAE needs to stimulate scale-ups
driven primarily by Dubai’s position as a regional business hub and recent increased focus on SMEs and entrepreneurship,” he said, adding that the country attracts many entrepreneurs from outside, inc…
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Abu Dhabi Bank Merger May Result in 1,000 Job Cuts
(Bloomberg) — A proposed three-way bank merger in Abu Dhabi may lead to about a thousand jobs being cut, according to three people with knowledge of the matter. Talks among Abu Dhabi Commercial Bank …
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Dubai is an ecosystem for innovation
Dubai has established itself as an ecosystem for innovation and the future economy, as well as a preferred global destination for conferences and exhibitions focused on future sectors and emerging tec…
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Revealed: the premium attached to waterfront homes in Dubai
Prices for prime waterfront properties in Dubai are on average more than 50 percent higher than comparable homes inland, according to new research. The new Knight Frank Global Waterfront Report said w…
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Gang who stole Dh4 million in Dubai arrested in less than 24 hours
… News app for your Android or iPhone device and get news & live updates on the go. Revealing the operation’s details, Brigadier Jamal Salem Al Jallaf, director of the CID at the Dubai Police, expla…
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Dubai South honors consultants and contractors for safety milestones
Dubai South has honored companies working within its development for their safety achievements in 2018. Dubai South says that 35.8m man-hours were recorded without any serious accidents or time-loss i…
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Dubai maids shock unsuspecting Indian housewife
Two maids were recently nabbed in Dubai for stealing Dh13,000 worth of gold from their sponsor – who didn’t even know she lost her jewellery until the Dubai Police informed her of the arrest. Thanks t…
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UAE aims to strengthen role in world football
Sheikh Mohamed bin Zayed has discussed plans to strengthen the UAE’s role in world football during high-level talks with FIFA president Gianni Infantino, who has headed up football’s global governing …
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