UAE bank shares offer better value than their Kuwaiti and Saudi peers that have received foreign interest after their upgrade to emerging market status, according to Egyptian investment bank EFG Herme…
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Technology at the workplace: Friend or foe?
While the ultimate goal is to make the UAE the happiest place on earth, the country also fully recognises the significant role that technology plays in bringing this to life. With the Smart Dubai init…
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Aramex Q2 net profit surges 26% as e-commerce boosts business
Second quarter domestic express business increased 6 per cent to Dh262m year-on-year as e-commerce fuelled growth in its core markets in Saudi Arabia, the UAE and Africa. Growth was affected by a drop …
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Abu Dhabi pharmacies told to dispense generic medicines in new regulation
Abu Dhabi: Pharmacies in Abu Dhabi have been told to dispense generic medicines to all patients and people who prefer a specific brand will have to pay the difference in price, according to a new deci…
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Emergency care standards to get boost in Abu Dhabi
Abu Dhabi: A new set of standards for emergency departments across Abu Dhabi health care facilities is set to boost the level of emergency care available in the emirate. Introduced by the health secto…
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UAE’s aggregate banking reserves and assets grow at faster pace in Q2
The aggregate capital and reserves of banks operating in the country grew at a faster pace year-on-year in the second quarter of 2018 to reach Dh330.2 billion, according to the latest Central Bank of …
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UAE bank stocks offer value on better economic prospects, EFG says
UAE bank shares offer better value than their Kuwaiti and Saudi peer that have received foreign sentiment after their upgrade to emerging market status, according to Egyptian investment bank EFG-Herme…
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Abu Dhabi municipality demolishes 220 buildings
Abu Dhabi: The Abu Dhabi City Municipality (ADM) has called on owners of abandoned buildings in Abu Dhabi and suburban areas to take corrective actions in dealing with said structures in cooperation w…
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Homefront: ‘How enforceable is a non-exclusive Form A when selling a property in Dubai?’
How enforceable is a non-exclusive Form A? I am overseas and have listed my property for sale with a well-known agent, but they do not seem to be doing anything other than having it listed on various …
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Cryptech: Blockchain Technologies to Transform Dubai Real Estate Industry
Blockchain technology can transform the Dubai real estate market and the wider economy by bringing in a new level of transparency to attract global players, said international investment and advisory …
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UAE launches amnesty programme for foreign workers overstaying permits
The UAE on Wednesday launched a landmark three-month visa amnesty programme which will benefit hundreds of illegal foreign workers, including Indians, overstaying their permits by allowing them to lea…
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Dubai Looks to Disrupt its Entire Legal System with ‘Court of the Blockchain’
The Dubai court system tasked to oversee all civil and commercial disputes involving financial transactions both domestically and internationally is turning to blockchain technology to “create the wor…
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UAE banks’ ATMs network increased in H1 2018, says CBUAE
The Central Bank of the UAE has announced that the number of automatic teller machines (ATMs), have increased to 5261 in H1 2018 from 5219 the corresponding period in 2017, according to local newswire …
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Dubai has welcomed 125 business events in the first half of 2018
Dubai Business Events (DBE), the city’s official convention bureau, has reported securing 125 business events in the first half (H1) of 2018. These are set to attract over 65,000 delegates from around …
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More UAE consumers struggle to make ends meet in Q2
“A raft of new stimuli from the government, announced during the quarter, has likely boosted business confidence, which may allow employers to begin matching salaries to the increased cost of living,” …
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UAE authorities warn asthma patients to stay indoors
Dubai Municipality has warned asthma patients and those who suffer from respiratory diseases to stay indoors amid ongoing weather conditions. The heavy dust wind began on Sunday and is expected to las…
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Expo 2020 Dubai deepens ties with Chinese business
RELATED ARTICLES: Construction chiefs: Expo 2020 Dubai ‘biggest’ growth opportunity | CSCEC ME’s China HQ to bankroll Belt and Road projects | Video: Expo 2020 Dubai construction update | May 2018 Exp…
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