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Posted on 20/02/2018

Interest growth boosts UAE banks profits: Moody’s

After a 4 per cent decline in Q2 2017, FAB registered the highest increase at 4.5 per cent in Q4, reflecting their solid deposit franchises as the largest bank in the UAE. • Deposit growth at ENBD and DIB was around the 2 per cent average total growth of …
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Posted on 20/02/2018

Top 4 complaints about Dubai Metro

Dubai: The metro system in Dubai has become an integral part in commuters’ lives, with as many as 550,000 passengers opting to use the metro per day. Within the last seven months, the Roads and Transport Authority (RTA) introduced 50 new metro trains …
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Posted on 20/02/2018

Dubai to soon unveil first 3D-printed villa

director-general of the Dubai Municipality, told the Emarat Al Youm daily. The technology would be used to build villas in a government housing programme. 3D printing will reduce construction costs and shorten delivery timeframes. The technology is …
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Posted on 20/02/2018

Sharjah rents fall by as much as 44 per cent

The commute may be a challenge, but the good news is that rents are falling in Sharjah and Ajman. That’s according to the latest report from property forum Dubizzle. The Dubizzle report compared price trends from the fourth quarter of 2016 to the same …
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Posted on 20/02/2018

Sharjah International Airport received 11.36 million passengers, witnessed 77,600 flights in 2017

Sharjah International Airport, SIA, received 11.63 million passengers and 77,600 flights last year. These figures were released during a senior management meeting held last Monday in Al Noor Island in Sharjah. Besides the airport’s achievements in total …
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Posted on 20/02/2018

Dubai Frame closed for ‘private function’

Dubai: Dubai Frame will be closed on Tuesday morning for a private function, it was announced on Monday. “We would like to inform you that the Dubai Frame will be closed on Tuesday 20th for a private function, and will resume welcoming all visitors after …
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Posted on 20/02/2018

Leaders greet Zayed Bin Hamdan upon return to UAE following treatment in Germany

Abu Dhabi: The country’s top leaders congratulated Shaikh Zayed Bin Hamdan Bin Zayed Al Nahyan on Monday on his recovery after undergoing medical treatment following a chopper crash while performing his military duties in Yemen. إن قيمة ما يقدم …
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Posted on 19/02/2018

Swiss-UAE bilateral trade robust, investments in UAE total $20b

… between the UAE and Switzerland are robust and Swiss foreign investment in the UAE amounts to $20 billion (Dh73.46 billion), the European country’s visiting finance minister said in Abu Dhabi. “The UAE is one of the most important economic …
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Posted on 19/02/2018

UAE prevents 34 cyberattacks against government, private sector in January

DUBAI: The UAE managed to prevent 34 attempts by cyber criminals to attack government and private sector entities last month, the Telecommunications Regulations Authority (TRA) said on Monday. This number was significantly lower than the 136 incidents …
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Posted on 19/02/2018

Nine in 10 UAE companies to hire this year – survey

Business management (29 per cent), commerce (28 per cent … A total of 1,883 respondents in the UAE, Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, Lebanon, Jordan, Iraq, Palestine, Syria, Egypt, Morocco, Algeria, Tunisia, Libya, Sudan,and Pakistan …
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Posted on 19/02/2018

Abu Dhabi Tour: The top contenders

The Abu Dhabi Tour, the only UCI World Tour in the Middle East (21-25 Feb), has drawn the best of the world of cycling with a decorated line-up that includes cycling legend Mark Cavendish, last year’s champion Rui Costa, Giro d’Italia winner Tom Dumoulin …
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Posted on 19/02/2018

UAE millennials seek parental advice on YouTube

In the UAE, the most popular video categories among millennials, in order of highest watchtime, are Arts and Entertainment, Sports, News and Politics, Food and Cooking, Education and Self-Help. The research also indicates that YouTube, at 97 per cent …
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Posted on 19/02/2018

Top mural artists coming to Dubai Canvas

Dubai: The organising committee of Dubai Canvas has invited four of the “world’s best” mural artists to showcase their creations at the 2018 edition of the annual public art festival. Leading mural artists participating in the festival include …
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Posted on 19/02/2018

Cyber attacks in the UAE see huge drop in January

A total of 34 cyber attacks against government and private sector entities in the UAE were foiled by the Telecommunications Regulations Authority (TRA) during January. The number represented a massive drop compared to the 136 foiled attacks in the same …
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Posted on 19/02/2018

Dubai’s External Food Trade Reached Dh70.2 Billion in 2017: Dubai Customs

“We facilitate the business by introducing the latest and best services in clearing cargo to help a better trade flow of food products from and into the country. Dubai has become an essential trade corridor for foodstuffs in the region, owing to its …
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Posted on 19/02/2018

Dubai Investments’ University of Balamand to open UAE campus

Dubai Investments has announced its Lebanese education subsidiary University of Balamand will open its first UAE campus later this year. The Dubai Investments Park-based facility will be spread across 75,000 square feet at DI House and is the university …
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Posted on 19/02/2018

Emirates plans new Auckland-Bali-Dubai flights

From June 14 2018, the new Dubai-Bali-Auckland service will run daily using a three-class Boeing 777 aircraft, offering eight private suites in first class: AusBT review: Emirates Boeing 777 first class Behind that, a 42-seat business class cabin …
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