A prominent Emirati businesswoman has made a Dh5 million donation to the Emirates Foundation for Youth Development. The gift by Muna Al Gurg, a director at the retail and construction giant Al Gurg Gr…
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Abu Dhabi to host India-UAE strategic conclave
Key business leaders and senior government officials will come … to increase innovation and entrepreneurship in sectors of mutual interest. Since India and UAE are two of the world’s largest and fas…
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Why 38,000 multi-millionaires move to the UAE
“Millionaires are attracted to the UAE as it is a high-income economy with good tax rates and strong business opportunities. It is also relatively stable when compared to other countries in the …
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First UAE-Caribbean forum targets bilateral tie-up
More than 400 government and business leaders from the UAE and Caribbean region gathered in Dubai ahead of the First UAE-Caribbean Cooperation Forum (UAECCF), which aims to enhance cooperation between …
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Is the UAE end-of-service gratuity set for an overhaul?
Salmaan Jaffery, chief business development officer at Dubai International Financial Centre, says there will be a defined contribution-based plan for expats “in the near future … with some kind of tra…
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UAE Approves Long-Term Residence Visa for Certain Categories
ABU DHABI (Wam) — The UAE Cabinet on Saturday approved the recently announced … spouses and children – and create an encouraging environment for the growth of business for investors, entrepreneurs a…
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UAE retail giant plans new Saudi malls, supermarkets
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UAE’s fintech adoption leads GCC and Middle East
Dubai: The UAE has taken a lead in regional … 86 per cent of GCC banks estimated that no more than 15 per cent of banks’ business could be lost to fintech in the next five years, believing …
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Assessment phase concludes for Mohammed bin Rashid Al Maktoum Business Awards
MRM Business Award and MRM Business Innovation Award are the highest level of recognition for business excellence and innovation in the UAE and GCC The high-profile event, taking place at Dubai Opera, …
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Dubai’s Property Finder secures $120m in new funding
Property Finder, the Dubai-based real estate classifieds portal, has announced $120 million in investment from its latest investment round led by General Atlantic, a global growth equity firm. The rou…
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Dubai property sector attractive; new laws to bolster investments: ENBD REIT interview
Dubai – The real estate sector in the UAE in general and Dubai, in particular, has suffered some challenges lately, however, this has not made the sector any less attractive to foreign and local inves…
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Abu Dhabi sensor trick could give Mercedes advantage in F1 test
Mercedes could have given itself an edge over its rivals for this week’s Formula 1 tyre test in Abu Dhabi with the clever use of sensors. This week’s two-day run at the Yas Marina Circuit is aimed at …
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‘Fantastic news’: Britain welcomes UAE pardon for jailed academic
LONDON (Reuters) – Britain said it was grateful to the United Arab Emirates on Monday after it pardoned a British academic jailed on spying charges. The UAE said it had pardoned Matthew Hedges just mi…
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UAE pardons Briton sentenced to life for spying
The UAE showed footage at a news conference in which Hedges purportedly confessed to being an MI6 foreign intelligence agent. A UAE official said that the presidential pardon came in response to a let…
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The Latest: UK’s top diplomat welcomes Hedges’ pardon by UAE
Jeremy Hunt tweeted on Monday that it was “Fantastic news about Matthew Hedges.” He says Britain didn’t agree with the charges against Hedges but adds: “We are grateful to UAE government for resolving …
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UAE pardons British academic sentenced to life for spying: WAM
The UAE president issued a pardon as part of the country’s National Day, effective immediately, according to a statement carried by state news agency WAM. (Reporting by Asma Alsharif; Editing by Janet …
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Wife elated as spy-accused academic Matthew Hedges pardoned in UAE
The 31-year-old, originally from Exeter, was arrested at Dubai Airport as he tried to leave the country on May 5. Daniela Tejada said news of the pardon brought an end to the family’s “nightmare” whil…
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