MAG Robotic Investments has signed a contract with Emaar, the global property developer based in the UAE, for the development of a fully automated parking facility on a Build Operate Transfer (BOT) basis at Dubai Marina. The automated parking facility …
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Video: World record for largest aerial projection broken in Dubai
UAE property firm Wasl Asset Management has broken the world record for the largest aerial projection screen, the company announced on Tuesday. The screen took to the skies over Dubai in celebration of the Year of Zayed, the country’s commemoration of …
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UAE Intellectual Property Awareness Drive spearheaded by the Japan External Trade Organization
DUBAI, DUBAI, UAE, March 1, 2018 / EINPresswire.com / — The Middle East Intellectual Property Group (ME-IPG) of Japan are conducting an education drive as part of their commitment to the fight against counterfeit goods. The events will be held at Festival …
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LA court dismisses all claims in Viceroy and Five Dubai hotel dispute case
The case was filed in relation to a $1.17bn property on Dubai’s Palm Jumeirah, which remains disputed between the two companies. The judge decided to dismiss the lawsuit as being barred by the California law prohibiting Strategic Lawsuits Against Public …
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UAE bank funds $27m acquisition of UK business hub
Abu Dhabi Islamic Bank (ADIB) has arranged a financing deal to fund the acquisition of The Hub, located near Bristol in the United Kingdom for £19.35 million ($27 million) on behalf of a private Saudi-based client. The Hub at the Aztec West Business Park …
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Dubai ruler replaces long-standing Municipality head
UAE Vice President and Prime Minister and Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has announced the appointment of a new head of Dubai Municipality. Dubai Media Office confirmed the departure of current director general Hussain Nasser Lootah in a …
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Three solar-powered fire stations open in Dubai
Dubai has completed the construction of three new fire stations, collectively worth $12.2m (AED45m), as part of drive to boost the number of emergency crews in the emirate. The so-called Civil Defence stations are in Nad Al Shiba, Al Mizhar, and Jebel Ali.
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UAE supermarkets to have month-long 50% sale
The UAE is to decrease the prices of most goods and food items by 50 per cent this month to coincide with the International Day of Happiness. The Ministry of Economy’s director of consumer protection told The National that prices will decrease “between …
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Arab offer for Milan?
It’s reported that a member Dubai’s royal family is interested in buying Milan, amid doubts over Yonghong Li’s finances. The Rossoneri were bought over by the Chinese businessman last April, but a loan from US hedge fund Elliot Management was required …
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From Switzerland To Singapore: The World’s Top Tax Havens
Now it deals with some of the world’s biggest banks, corporations and hedge funds. On the FSI secrecy index … And no one’s entirely sure how much offshore money is flowing through here. Dubai, servicing massive regional oil wealth, gets the highest …
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Facebook groups edging out property brokers?
With property prices starting to show signs of life in some communities in Abu Dhabi, what is top of mind for real estate executives in the capital? Executives from the UAE capital’s top real estate firms discussed the issue in a forum led by …
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Sheikh Saad backs Dubai-based cryptocurrency
If successful, it is hoped that jCash will provide smart contract technology to facilitate everyday transactions such as mortgage payments and property ownership transfers. “Dubai’s Crown Prince Sheikh Hamdan’s vision of having Dubai the blockchain …
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Sharjah students accused of triggering two fires in school
A number of students from a public Sharjah high school are facing arson charges for starting two fires on the school premises – suffocating students and school staff members. Both incidents happened last week within 48 hours, causing concerned authorities …
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Report: Dubai Tour and Abu Dhabi Tour to merge in 2019
The UCI will decide on the dates.” RCS, which organizes both the Dubai Tour and the Abu Dhabi Tour but does not own the races, offered no official comment on the news as of Wednesday afternoon.
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Abu Dhabi and Dubai Tours to merge in 2019
The website reported that a memorandum of understanding was signed by the Abu Dhabi and Dubai Sports Council on Wednesday, calling for a WorldTour race that will consist of seven stages and make a greater impact than two separate UCI races, the 2.HC Dubai …
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Dubai airport increases parking rates
“The changes to parking rates introduced at Dubai International in 2018 are the first in a decade,” the spokesperson told Gulf News. Rates have jumped generally for the first hour by Dh5 to Dh10 depending on the parking area at the airport, one of the …
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Dubai plans first AI-powered renewable energy digital utility
He added: “Our 10X response will focus on four pillars to deliver a new utility experience for Dubai and the world – solar, energy storage, autonomous services, and digital, all in an effort to make Dubai a global model for clean energy and green economy …
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