When it comes to balancing risk and reward in real estate, cities in Europe, South East Asia and Mediterranean fit into the sweet spot. In terms of house price, local rents and prospective growth—Portugal, Cyprus, India and Pakistan have been crowned as …
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Five Issues UAE Businesses Need To Be Prepared For In 2017
As we enter 2017, there are a number of issues that owners of UAE businesses of all sizes and across all sectors will face. In this article, I will highlight the areas we, as a business ourselves, feel will be hot topic items in 2017, and the biggest …
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New York’s Moelis selected as advisor for Saudi Aramco IPO
Read: Saudi energy minister still expects Aramco IPO in 2018 The listing of the 5 per cent stake … footprint with operations in markets including Germany, India and the UAE. It now has a sizeable team of advisors who have worked closely with companies …
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Dubai health sector goals outlined
Dubai: Top officials of the Dubai Health Authority met at the Transformation Forum on Wednesday to outline the goal of Dubai Health Strategy 2016-2021 and assess the achievements of the sector. Strategy leaders also discussed future actions that will help …
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Seven-year-old Dubai boy wins global IKEA drawing competition
Dubai: Seven-year-old Dubai boy Shane Matthew is among 10 winners of IKEA’s global drawing competition. His drawing of a fluffy lion was selected from 70,000 drawings submitted globally by children aged 12 or under. The winning designs will become a …
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United Arab Emirates hockey player has the best reaction to meeting Alex Ovechkin
Fatima Al Ali, the hockey player with the sick stickhandling skills who Capitals great and team ambassador Peter Bondra met on a November trip to Abu Dhabi, is in Washington this week as part of the NHL’s celebration of “Hockey is for Everyone Month.”
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UAE hit by rare snowfall and arctic winds as temperatures drop to -5 degrees
The heaviest snowfall since 2009 was greeted as an opportunity for fun by locals in mountainous Ras Al Khaimah my_rak/Twitter The United Arab Emirates has been hit by some of the coldest weather in the region in years, stunning Emiratis who have been …
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UAE-Russia cooperation discussed
HH Shaikh Mohammed welcomed the Rosneft CEO and discussed with him topics related to oil and energy industries, and investments in these vital sectors, according to UAE News Agency (WAM). They also discussed means of co-operation and co-ordination among …
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UAE Law Firm, Afridi & Angell, Selects Lexis® InterAction® for Relationship Intelligence
Afridi & Angell, a United Arab Emirates full service business law firm, has selected Lexis ® InterAction ® from LexisNexis ® Enterprise Solutions as the firm’s client relationship management solution of choice. The solution will provide lawyers and …
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Rare Desert Snow: Temperatures Drop Causing Snowfall In UAE
It was one unusual event that the people literally didn’t have words to describe it. In other news, Dubai also experienced some temperature drops but it wasn’t as enjoyable in Ras Al Khaimah. On Friday, hail and strong winds ravaged the city streets of …
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Really Special should be tough in UAE 1000 Guineas
Really Special looked very much like the best 3-year-old dirt filly in Dubai when she comfortably won the UAE 1000 Guineas Trial on Jan. 19, and if she is, she will take all kinds of beating Thursday night at Meydan Racecourse in the $250,000 UAE 1000 …
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Dubai FDI promotes investment opportunities at the House of Commons
The role of Dubai, and the UAE in general, in facilitating global trade and channeling investment into potential markets were highlighted at a meeting at The House of Commons in London recently, which was organised by the Diplomat Business Club with the …
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Boutique bank Moelis wins advisory role for mammoth Saudi Aramco IPO
NEW YORK/LONDON/DUBAI (Reuters) – New York-based boutique investment bank Moelis & Co has been chosen as an adviser by Saudi Aramco [IPO-ARMO.SE] on its plans for what is expected to be the world’s biggest initial public share offer, sources familiar with …
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Boutique bank Moelis wins advisory role for mammoth Saudi IPO
NEW YORK/LONDON/DUBAI Boutique investment bank Moelis & Co (MC.N) has been chosen as an adviser by Saudi Aramco [IPO-ARMO.SE] on its plans for what is expected to be the world’s biggest initial public share offer, sources familiar with the matter told Reuters.
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Dubai Islamic Bank issues us$ 1 Billion senior
Dubai Islamic Bank announced the successful pricing of the largest senior Sukuk issuance by a financial institution globally. The US$ 1 Billion Sukuk was issued with a 5 year tenor, maturing on 14 th February 2022. The issuance under DIB’s USD 5 billion …
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Abu Dhabi stats: 19 dead, 155 injured from quad bikes
Abu Dhabi: The traffic police’s latest figures has revealed that in 2016, the capital recorded 174 bike accidents that left 19 dead and 155 people with injuries. Statistics issued recently by the General Directorate of Traffic at the Ministry of Interior …
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Property resale registration fees are illegal in Abu Dhabi
I have a question on the topic of developers’ so-called registration fees on resales. I am buying a villa in Abu Dhabi and the developer is charging a whopping 5 per cent fee for the resale registration. I was under the impression that this was made …
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