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Posted on 12/05/2019

Banque Pictet & Cie SA Has $324,000 Stake in HDFC Bank Limited (HDB)

19.14% of the stock is owned by hedge funds and other institutional investors … financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in …
( read original story …)


Posted on 12/05/2019

DMCC Launches Sustainability Report 2018 Outlining Development of Its Smart and Sustainable Community

DUBAI, United Arab Emirates … SEE ALSO: Wells Fargo reportedly approached the co-CEO of the world’s largest hedge fund about becoming its CEO (WFC)
( read original story …)


Posted on 12/05/2019

UAE bank postpones loan instalments during Ramadan

Abu Dhabi Islamic Bank (ADIB) has postponed monthly instalment for its personal finance customers at ‘no extra charge’ during the holy month of Ramadan. Customers eligible will be contacted by SMS …
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Posted on 12/05/2019

Big sales and discounts in Sharjah and chance to win a luxury car during Ramadan

Sharjah: Witness the most exciting shopping experience featuring leading names in the regional retail industry during this Ramadan at the Expo Centre in Sharjah. From big discounts to the widest …
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Posted on 12/05/2019

Endless ski slope now open in Dubai

And the best news is you can get a trial session for free … Video of Trying not to get FROSTBITE in Dubai with JUST SUL! It’s time to hit the (indoor) slopes.
( read original story …)


Posted on 12/05/2019

Dubai’s FFWD event returns after hiatus

A model walks the runway during the Michael Cinco show at Fashion Forward March 2017 held at the Dubai Design District on March 23, 2017 in Dubai, United Arab Emirates. Image Credit: Getty Images …
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Posted on 12/05/2019

How will Dubai’s potential three-year rent freeze affect the property sector?

With green shoots of recovery in the UAE’s real estate market, the emirate is proposing a new rental law Peter Cooper says unless global financial markets take another tumble, a return of confidence …
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Posted on 12/05/2019

Where UAE gold jewellery prices are headed this week: Rates could easily soar to nearly Dh160 per gram

Dubai: Gold jewellery fans in the UAE could … chief market analyst at Century Financial. “Gold has a lot of importance in these volatile times in the financial markets and could easily soar …
( read original story …)


Posted on 12/05/2019

du’s BPaaS-based Use Cases Lead Blockchain Technology Revolution in the UAE

The paperless vision and blockchain initiative by Smart Dubai also supports the objective of making Dubai the smartest and happiest city on Earth Dubai, UAE: Reiterating its commitment to regional …
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Posted on 12/05/2019

Sharjah Ruler opens emirate’s largest mosque

His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the emirate’s largest mosque over the weekend. The Dh300-million Sharjah Mosque located …
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Posted on 12/05/2019

HH Dr Sheikh Sultan opens Sharjah Mosque on first Friday of Ramadan

Construction work on Sharjah’s largest mosque – named Sharjah Mosque – has been completed, with the mosque inaugurated by HH Dr Sheikh Sultan bin Mohammad Al Qasimi, Supreme Council Member and Ruler …
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Posted on 12/05/2019

Sharjah’s Sewa completes two 33/11kV power stations in Kalba

According to UAE state news agency Wam, the projects are expected to serve both the population of Sharjah as well as the emirate’s upcoming projects. Sewa is working on several utility projects at …
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Posted on 12/05/2019

Saudi sovereign wealth fund supports Arabian Centres’ IPO

Riyadh – Mubasher: Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), has reportedly pumped indirect investments in the $747 million initial public offering (IPO) of Arabian Centers, …
( read original story …)


Posted on 12/05/2019

UAE banks provide $2,6bn credit for service companies

Figures recently released by the Central Bank of UAE indicate the steady rise in the total financial assistance received by this sector which amounted to around Dh148.8 billion in 2018 against Dh138.3 …
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Posted on 11/05/2019

Dubai office rents become more affordable

Barring Dubai Design District, office rents fell across the emirate in the first quarter of 2019 with market strongly favouring tenants, a new study released on Saturday revealed. According to the …
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Posted on 11/05/2019

Sharjah bank issues coins to mark mosque opening

The Central Bank of the UAE has issued two commemorative coins on the opening of Sharjah Mosque by H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.
( read original story …)


Posted on 11/05/2019

First Abu Dhabi Bank launches Saudi operations

First Abu Dhabi Bank (FAB), one of the world’s largest financial institutions based in the UAE capital, has officially launched its operations in Saudi Arabia. The new branch, located in Al Cayan …
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