Dubai – Mubasher: UAE stock markets continue to be on the lookout for new market-boosting catalysts that will reduce the level of fluctuations which have dominated the two markets in the past several sessions, analysts told Mubasher. The Dubai Financial …
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Travel News Dubai: Emaar Plans 6 New Hotels
Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties, today unveiled six new hotel projects as part of its regional and international expansion plans, at the Arabian Travel Market (ATM) 2017. The new hotels and serviced …
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Dubai Aims to Be a City Built on Blockchain
The goal of Dubai’s government is to conduct a majority of the emirate’s business using blockchain, which it expects will make government services more efficient and help promote enterprise in Dubai as it will become easier to do business there.
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Emirati jailed for 10 years for joining Daesh
Abu Dhabi: The State Security Court at the UAE Federal Supreme Court on Monday sentenced K.A.H.T., a 21-year-old Emirati, to 10 years in jail on the charges of joining Daesh and other terrorist organisations in Syria, a court official told Gulf News.
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Abu Dhabi +1.8% to 6.15m passengers in first quarter
Any readers who would like to see ‘the latest aerial video’ (shot in August 2016) showing the progress at Abu Dhabi’s Midfield Terminal Building can do so by clicking here: http://www.adac.ae/english/mtp/MTP/latest-news/27-09-2016-Latest-Aerial-Video …
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UPDATE 1-Malaysia and Abu Dhabi settle 1MDB dispute with $1.2 bln deal
1MDB has agreed to pay $1.2 bln to Abu Dhabi’s IPIC * 1MDB & Malaysia’s MoF to make payments on two bonds * Arbitration tribunal to make ‘consent award’ by May 31 By Stanley Carvalho and Praveen Menon ABU DHABI/KUALA LUMPUR, April 24 Abu Dhabi and Malaysia …
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Abu Dhabi Civil Defence Shuts Down Highway To Save Kitten, Video Goes Viral
As Gulf News remarks, the Civil Defense in Abu Dhabi always deals with incidents like these with the utmost seriousness. Their goal is to uphold humanitarian and animal welfare principles, and it is evident that they did all they could do to bring this …
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Abu Dhabi banker probed by Italy over 1MDB scandal
According to the FT, Khadem al-Qubaisi, the jailed former managing director of Abu Dhabi’s International Petroleum Investment Company (Ipic), is being probed by authorities in Milan, a person close to the matter has revealed. The publication reported …
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UAE teams hopeful of bouncing back in France
We were pushing very hard to figure out the problem all along, and to finish in fourth place was really such a huge achievement for us,” Salim Al Rumaithi, Chairman, Team Abu Dhabi, told Gulf News. “This was a good race for us and an entirely different …
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Malaysia reaches $1.7b deal with Abu Dhabi over 1MDB debt
KUALA LUMPUR – Malaysia has reached agreement to pay Abu Dhabi about US$1.2 billion (S$1.7 billion … the Malaysian fund said in a separate statement quoted by Bloomberg News. “This arbitration settlement and monetisation of investment fund units …
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Malaysia’s 1MDB Reaches Settlement Deal With Abu Dhabi’s IPIC
KUALA LUMPUR (Reuters) – Malaysia’s state fund 1Malaysia Development Berhad (1MDB) said on Monday it had reached an agreement with Abu Dhabi state fund IPIC on the settlement of arbitration proceedings at the London Court of International Arbitration.
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Some UAE banks temporarily cut loan interest rates
One bank announced last week its “personal finance sale,” offering UAE residents a chance to borrow money at less than 3 per cent annual interest. The attractive rates, however, are being offered at a very limited period and soon, borrowers may find it …
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UAE bans import of vegetables, fruits from select countries
Dubai: Fruits and vegetables exceeding maximum residue limits (MRL) of pesticides will be banned from importation into the UAE by May 15 to protect human health, officials said on Monday. The Ministry of Climate Change and Environment (MOCCAE) issued an …
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Damac Properties Dubai PSC : Mum and dad investors can buy rooms in new mega-hotel on Trump golf course
DUBAI, UAE – A 2,000 room hotel is to be built on the 55-million square foot estate which has as its focal point the Trump International Golf Club Dubai. The Dubai property market has been sliding for about 3 years now and developers are finding it hard to …
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Expanding cooperation in business between UAE, Azerbaijan
Azerbaijan’s Economy Minister Shahin Mustafayev has visited Dubai, as business leaders from Azerbaijan and the UAE gathered in the financial capital to discuss opportunities to invest in Azerbaijan and boost business relations between the two countries.
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Dubai sees 11% increase in tourists in Q1
Dubai received 11 per cent more overnight visitors in the first three months of the year than in Q1 2016, according to the emirate’s tourism body. Dubai Tourism said growth during the quarter doubled resulting in 4.57 million visitors. This was thanks …
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UAE- Can we expect more GCC IPOs soon?
For example, the #UAE circulated new draft IPO regulations for feedback from stakeholders, setting requirements increasingly in line with international exchanges. Changes for the better Saudi Arabia’s Capital Market Authority (CMA) announced a number of …
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