Sharjah: An Arab man has been arrested by Sharjah Police for allegedly assaulting and robbing a number of petrol station attendants in Sharjah, police said on Tuesday. Colonel Ebrahim Al Ajel, director-general of Criminal and Investigation Department at …
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Dubai’s RTA, Uber in further talks on budget taxi services
Ride-hailing app Uber Technologies has held further talks about offering a new budget taxi service in Dubai, it was announced on Wednesday. The heads of Dubai’s Roads and Transport Authority (RTA) and Uber (Europe and MENA) discussed “boosting cooperation …
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There’s only 10 days left for Dubai’s new speed limit
In September, the Roads and Transport Authority (RTA) and Dubai Police announced the decision to reduce the speed limit on busy highways following a spate of accidents over the last two years. Gulf News earlier reported that RTA officials expect the drop …
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UAE business people may invest in production of beverages and canned food in Armenia
YEREVAN, October 4. /ARKA/. Investors from the United Arab Emirates (UAE) would like to know more about production of alcoholic beverages and canned food in Armenia and the possibilities of investing in these sectors, deputy minister of economic …
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Selloff Brings Bond Bulls Back to India
Morgan Stanley Investment Management says it favors rupee bonds, though prefers to hedge its currency exposure … Roland Mieth, a Singapore-based fund manager for emerging markets, said in an interview. The asset manager was reducing its overweight …
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Joined-up thinking to keep the client close
The firm has set up a one-stop shop for hedge funds and private equity firms for undertakings … The funds chosen by Addleshaw this year are based in London, but are also as far afield as Dubai and Hong Kong. “We were really taken aback by the …
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Abu Dhabi Islamic Bank says its ramping up spending on digital technologies
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the Emirate, said it is planning to earmark significant financial resources on digital technology this year as banks in the UAE race to lower costs and boost revenues by having a nimble branch …
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UAE private sector sees strongest quarter in two years
The UAE’s non-oil private sector saw the strongest quarter in two years in the three months to September 30, according to Emirates NBD. The banks purchasing managers index, produced by IHS Markit, showed improving business conditions with above average …
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Dubai’s reputation ranked: what survey reveals
Dubai: Whether people are looking to make investments, holiday plans or a new place to call home, the reputation of a city is quite important. And it should come as no surprise that Dubai has made the list. The Boston-based Reputation Institute has …
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A $140 million prototype of a Mars colony is being planned for a desert near Dubai —here’s what it looks like
The firm is designing a city in the desert of the United Arab Emirates meant to simulate a Mars colony. The $140 million development near Dubai is slated to be “a viable and realistic model to simulate living on the surface of Mars,” according to the …
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Decision makers and experts to convene in Dubai for 4th Global Business Forum on Africa
Over 1,000 delegates to attend high-level forum at Dubai’s Madinat Jumeirah on November 1 st-2 nd Forum will feature 24 sessions covering a wide range of economic and social trends and issues impacting key African markets. E. Buamim: African economies …
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Dubai Internet City to Highlight Its Ecosystem by Offering Futuristic Experiences at Gitex 2017
Dubai Internet City (DIC), the largest technology business hub in the region, has announced its participation in the GITEX Technology Week 2017, marking its 18 th outing at the definitive technology event. The theme of DIC’s exhibition, The Smarter …
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10 business lunch deals in Dubai for under Dhs100
Are you incredibly busy and important? Well, of course you are. But no matter how full your schedule, you can always find time for a lunch break. Fortunately, that doesn’t have to mean bringing stale sandwiches from home. Or even ordering Deliveroo to …
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Abu Dhabi Ports announces purchase of three new tug boats
Abu Dhabi Ports, the master developer, operator and manager of commercial and community ports within the emirate of Abu Dhabi, as well as Fujairah Terminals and Khalifa Industrial Zone Abu Dhabi (KIZAD), announced the purchase of three new tug boats during …
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Abu Dhabi Ports Inaugurates Trade Digitalization Platform
Maqta Gateway, Abu Dhabi Ports’ digital platform which aims to digitalize trade and streamline the exchange of information, was officially inaugurated in Abu Dhabi on October 3. The platform offers ports, exporters, importers, shipping lines …
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Viceroy Hotel Group Files Lawsuit Arising out of the Ouster from Its Dubai Property
Viceroy Hotel Group, headquartered in Los Angeles, yesterday filed legal claims in California, Case No. BC674956, arising out of the unlawful ouster of Viceroy from its newly opened Dubai property. The claims seek redress from Dubai-based businessman Kabir …
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Buying in DSI shares induce rally in property stocks on DFM
The stock is also holding over the 50 Day moving average which is a positive sign,” said Shiv Prakash, senior analyst with National Bank of Abu Dhabi Securities in a note. Other property majors also witnessed buying on the back of surging DSI shares.
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