The United Arab Emirates (UAE) topped the list of countries in terms of raising capital through initial public offering in 2017. Four companies in the UAE raised a total $1.287 billion in 2017, followed by Saudi Arabia, which raised $663 million, according …
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UAE’s Amanat inks deal to up stake in education provider
Amanat Holdings on Thursday announced that it has increased its stake in Taaleem Holdings, one of the UAE’s largest providers of K-12 primary and secondary education, to 21.7 percent. The GCC’s largest investment company solely focused on healthcare …
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Dubai Frame to open next week
The official inauguration of the project will take place next week and the public will be able to visit the Frame from the next day, Hussain Nasser Lootah, Director General of Dubai Municipality told Gulf News. “It won’t be free (like Dubai Safari …
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Watch out for night fog in UAE
Dubai: Motorists have been cautioned over a decline in road visibility as fog and mist is expected to form at night and into the morning across various parts of the UAE. pic.twitter.com/BCaQGSdlAS— المركز الوطني للأرصاد (@NCMS_media …
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Essex to Dubai? The UK’s most curious airline routes
The route will be served by the airline’s new three-class Boeing 777-300, with six first class seats, 42 business, and 306 economy. A first-class return to Dubai from Heathrow, for example, costs upwards of £5,500. It brings Emirates’ total number of …
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Indian workers in UAE warned about telecom scams
“Each and every camp we visit, there are at least a few workers seeking help related to phone scams,” Anish Chaudhary, manager, IWRC Dubai, told Gulf News after the event. “A lot of people are going to the consulate also.” He said unscrupulous …
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UAE banking on AI, and the results are showing
Every once in while, an event becomes a defining moment for an emerging technology. On October 19 this year, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, announced the appointment of …
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UAE developer Azizi says to invest $2.5bn in the UAE in 2018
Farhad Azizi, CEO of Azizi Developments, added: “We are pleased to announce that we have allocated AED9.1 billion towards expanding our business even further in Dubai in 2018. Our developments will include new residential projects in upcoming locations …
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Aldar Properties Completes Acquisition of International Tower for Dh658 Million
Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, has completed the acquisition of International Tower, a high-quality office tower located in Capital Gate district of Abu Dhabi for AED 658 million.
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Saudis say Aramco IPO ‘on track’ as all options open for listing
Dubai: Saudi Aramco’s IPO is moving ahead and all options are open on where to list shares of the giant oil producer, the country’s finance minister said. The Saudi Arabian Oil Co, the world’s top crude exporter known as Aramco, is “on track” for …
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VAT-Ready Accounting Software for VAT Ready UAE
VAT comes into effect in the UAE at 7 a.m. on January 1 … that information gets automatically updated in your bank records. Invoicing that’s VAT compliant, yet customisable Did you know that there are 11 distinct details that a VAT-compliant invoice …
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Now Dubai property investors can complete deals in a day
Dubai Land Department (DLD) has launched Cube, a new customer service centre, which will allow real estate investors to complete transactions in a single day. The centre has been established in collaboration with a number of key partners including the …
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Dubai gets its first commercial vertical farm
and UAE residents can now start getting their leafy greens on the same day of harvest. The company, owned by Saudi Arabian businessman Omar Al Jundi and British agricultural expert Grahame Dunling, is using the latest hydroponic technology and vertical …
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Hotel Check: Renaissance Hotel Downtown Business Bay Dubai, UAE
PROPERTY HIGHLIGHTS This is a business-friendly hotel with a tourist-friendly location. What really makes it stand out, however, is the plethora of dining options with well-known chefs at the helm/ PRICE Internet rates for a traditional room on the random …
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Dubai’s Emirates to fly to London Stansted in 2018
The airline said daily flights from Dubai International to Stansted would begin on June 8 and be operated by its new Boeing 777-300ER. The aircraft features Emirates’ improved first class, business class and economy class seats produced in partnership …
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Daily flights to Dubai are coming to Stansted Airport
Emirates is set to become the latest airline to operate from Stansted Airport, after announcing plans for daily flights to Dubai. The new route will launch next June, with Emirates hoping to attract business customers visiting Cambridge’s life sciences and …
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Dubai port operator slashes fees for cruise lines
cruise business and operations at Mina Rashid, DP World. “The discount will apply to all cruise ships making port calls in Dubai between October or May.” Marzooqi was speaking at the Seatrade Middle East Cruise Forum, according to Cruise Arabia …
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