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Posted on 04/07/2019

Non-resident deposits in UAE exceed loans by $17.5bn

The value of non-resident deposits in the UAE’s banking system exceeded non-resident loans by Dh64.5 billion ($17.5 billion) at the end of May 2019 compared to the same period in 2018, a media report …
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Posted on 04/07/2019

UAE’s Etihad Rail to seek about $2 billion in financing – sources

the developer and operator of the United Arab Emirates’ national rail network, is expected to approach banks for about $2 billion to help finance the expansion of the network, banking sources …
( read original story …)


Posted on 04/07/2019

UAE lender ADCB plans to cut 2,000 jobs post-merger: Bloomberg

“This merger creates a resilient banking group with the capacity to invest in our mission to provide excellent service for our customers in our core market, the UAE,” Alaa Eraiqat, chief executive …
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Posted on 04/07/2019

UAE among top 10 countries worldwide for expats – HSBC

The report also found that the top-most financial priorities for UAE expats were saving and investing for retirement (82 per cent), children’s education (47 per cent) and property (43 per cent). …
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Posted on 04/07/2019

Mysterious death of UAE royals in Britain

It said the wealthy Dubai Princess is actually in romantic relations with a … On March 9, 2018, the British newspaper Daily Mail broke the news of the disappearance of Nostromo and those aboard, …
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Posted on 04/07/2019

Dubai’s ruler, estranged wife headed for court clash in U.K.

LONDON – A legal battle between the powerful, poetry-writing ruler of Dubai and his wealthy estranged wife is leading toward a showdown in a London courtroom later this month. The family division …
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Posted on 04/07/2019

Dubai’s ruler, estranged wife headed for court clash in UK

LONDON – A legal battle between the powerful, poetry-writing ruler of Dubai and his wealthy estranged wife is leading toward a showdown in a London courtroom later this month. The family division …
( read original story …)


Posted on 04/07/2019

Princess Haya has hired Prince William and Harry’s lawyer to fight her divorce from the Emir of Dubai, and she’s an expert in royal separations

Princess Haya of Jordan has enlisted the expertise of Baroness Shackleton, a lawyer frequently used by the British royal family, to litigate divorce proceedings against her husband, the Emir of Dubai, …
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Posted on 04/07/2019

Now shop at Dubai airports using Indian Rupee

The acceptance of Indian currency is good news for Indian tourists as earlier they lost a sizeable amount due to exchange rates.PTI | July 04, 2019, 13:50 IST DUBAI: The Indian Rupee will now be …
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Posted on 04/07/2019

Kitna hua: Shop at Dubai airports in Indian rupees now

The Indian Rupee will now be accepted for transaction at all airports in Dubai, according to a leading newspaper in the United Arab Emirates. The acceptance of Indian currency is good news for …
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Posted on 04/07/2019

Strengthening UAE-US ties with AmCham Dubai

AmCham Dubai continues to evolve into a stronger, increasingly vital component of the UAE business landscape, offering exceptional value and service to its members. AmCham Dubai was established as the …
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Posted on 04/07/2019

Wife of Dubai ruler ‘on the run in the UK’ over fears her life is in danger

Princess Haya defended Dubai’s reputation after Sheikha Latifa’s escape was brought to a halt by armed men off the coast of India. Read more from Yahoo News UK: Man in his 90s found stabbed to death …
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Posted on 04/07/2019

UAE-SirajPower goes live with solar rooftop for RSA-TALKE

The installation is located on the rooftop of RSA-TALKE’s non-dangerous goods chemical facility in Dubai South. This is the fourth solar power plant installed by SirajPower on a RSA Global building. …
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Posted on 04/07/2019

‘India-UAE bridge’ initiative to attract trade and investment

A Dubai-based port operator is collaborating with Indian business stakeholders to attract trade and investments to its flagship Jebel Ali Port and Jafza zone, it has been revealed. According to a …
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Posted on 04/07/2019

2nd France-DEWA Business Forum held in Dubai in collaboration with French Business Council and Business France

Press Release: Dubai Electricity and Water Authority (DEWA) has organised the second France-DEWA Business Forum, in collaboration with the French Business Council in Dubai and the Northern Emirates …
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Posted on 04/07/2019

DP World launches India-UAE Bridge initiative

A collaboration between DP World UAE Region, Jafza, and the Indian Business and Professional Council, IBPC, the India-UAE Bridge initiative will offer end-to-end solutions to companies and …
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Posted on 04/07/2019

Dubai Financial Crisis – Dubai Expo 2020 – Impact on Dubai Tourism – UAE – Dubai Video

Dubai Sheikh Mohammed bin Rashid Al Maktoum has promised that Dubai would “astonish the world,” in 2020 & so UAE will be hosting Expo 2020 in Dubai, in October next year. The master plan of …
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