Lootah Real Estate has signed a deal with Dubai South to develop more than one million square foot of housing units at the site’s residential district. The agreement, which is a joint venture between Lootah Real Estate and Dubai South, will result in the …
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Another tower in Dubai Marina catches fire
A security guard at the scene told Gulf Business the fire started on the 53rd floor. Dubai Media Office clarified the “minor fire” started on a balcony, and no injuries were reported. Dubai Civil Defence officials managed to quickly extinguish the …
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These ultra-luxurious underwater homes are being built in Dubai
Kleindienst told Business Insider it sold approximately 60 Seahorses in … Since the structures are located about two and a half miles from Dubai’s shores, inhabitants can reach their Seahorse via boat or seaplane. Kleindienst also hopes it can make …
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Partial lunar eclipse to occur over the Arab world on Monday
All that is needed to see the spectacle in the sky is an unclouded view and a pair of eyes. This week’s partial eclipse is a prelude to the total solar eclipse, which will be visible in North America two weeks later (August 21). The Abu Dhabi-based …
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70-year-old accused of beating his wife and breaking her jaw in Dubai
Dubai: A 70-year-old husband has been accused of beating his wife and causing her a jaw fracture after he pushed her off the stairs in their residence. The Emirati husband allegedly had a heated argument with his wife before he assaulted her and then …
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New drone tracking system protects Dubai air space
Dubai: A live drone-intrusion warning system is now plugged … we can mitigate the risk,” Al Arif told Gulf News, surrounded by large screens depicting live air traffic and details of the SkyTrax online portal which tracks each and every registered …
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Heroin haul probe trail leads to Pakistan, Iran, UAE
Investigations are under way to identify antecedents of the crew and owner of the ship, besides the Iranian, Abu Dhabi and Pakistani linkages as well as the intended customers of the consignment. Get latest news & live updates on the go on your pc with …
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Very Spacious 3 Bed Apartment with Dubai Marina View
A 2,875 sq.ft. apartment in Dubai Marina consisting of three bedrooms all en-suite with bathrooms and fitted with walk in wardrobes, now is available for sale. This is an “old school” property where the rooms are very spacious and bright, with proper …
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ENBD Reit acquires school for Dh55 million
ENBD Reit, the Nasdaq Dubai-listed Shariah-compliant real estate investment trust managed by Emirates NBD Asset Management, has acquired South View School in Remraam. South View School will be Interstar Education’s fifth Dubai campus and its second British …
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Dubai South prices set to rise as more developments take shape
Off-plan sales in the first seven months of the year in Dubai South increased 285 per cent, compared with the whole of last year, property analysts Reidin said in a report. “We opine that off-plan sales will continue to rise as the community gears up for …
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Qatar’s IHG to list on bourse despite diplomatic crisis
DUBAI, Aug 6 (Reuters) – Family-owned Qatari conglomerate Investment Holding Group IPO-INVH.QA plans to list on the local stock market next week in a sign that authorities intend to push ahead with developing Qatar’s financial markets despite a diplomatic …
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Crowdfunding set to revolutionise fund-raising for SMEs
However, the recent efforts of the Dubai International Financial Centre (DIFC) and its regulator, the Dubai International Financial Services Authority (DFSA), are giving it a formal framework that sets out the rules of the game. Crowdfunding is a generic …
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The Latest: Dubai high-rise fire began from clothing
Firefighters say a blaze on a Dubai skyscraper began from clothing left on a balcony. Capt. Amer Abdulwahab al-Qahtani of the Dubai Civil Defence told The Associated Press that Sunday’s blaze at the Tiger Tower began on the 53rd floor. He says …
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New phase of FAB brand roll-out begins
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has confirmed that the next phase of its brand roll-out will be launched during the second half of the year. During the coming months, the bank …
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Aramex announces resignation of board member
The company revealed this in a statement posted on the Dubai Financial Market’s website. Aramex’s second-quarter net profit to June 2017 grew by 4 per cent to Dh1.15 billion, compared to Dh1.1 billion in the same period last year. Net profits in the …
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Be cautious of public WiFi scams, says Dubai Police
Dubai Police has issued a warning about the dangers of using … “Cyber criminals will use every opportunity to infiltrate networks in order to gather personal and financial details. Quickly they can extract this information.” Cybercriminals use this …
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Saudi and UAE bourses flat, Qatar stocks fall
Stock markets in Saudi Arabia and Dubai were flat on Sunday after a mixed group of Saudi … citing a decrease in residential sales and higher financial charges. Al Andalus Property edged down 0.5 per cent. It reported second-quarter net profit of 27.6 …
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