DALIAN: The UAE Government took part in 12 key sessions of the World Economic Forum (WEF) held in Dalian, China, in the presence of more than 1,900 government officials, entrepreneurs and researchers …
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Promoted: How Abu Dhabi offers some of the best views in Formula 1
The world’s only twilight race returns to the Yas Marina Circuit. After a decade on the Formula 1 calendar, the Abu Dhabi Grand Prix has established itself as the season finale. With time running out …
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Dubai’s prime property prices ‘turn affordable in H2’
Consumers are firmly in the driving seat, steering the Dubai real estate market to more attractive levels of affordability, according to the latest H1 market report by UAE real estate portal Bayut. …
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Expat tycoons welcome UAE’s new investment policy
The landmark investment reform allowing 100 per cent foreign ownership is set of take full effect with the UAE Cabinet identifying 122 business activities across 13 economic sectors to come under the …
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Dubai set to become innovation hub; woes Indian startups
The focus is on technology-driven startups, wherein the authorities are offering easier business licences, office spaces and access to funding. Dubai grew to prominence first as a trading hub, and …
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New Dubai Chamber programme seeks to connect entrepreneurs, co-founders
according to Dubai Chamber’s President and CEO, Hamad Buamim. In an interview with Arabian Business, Buamim said that the programme’s concept originated in a networking series in which 500 Dubai-based …
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The wife of the Emir of Dubai has run away to London, reportedly after learning disturbing details about a failed escape attempt by another princess
A spokesman for the UAE government told Business Insider: “The UAE government does not intend to comment on allegations about individuals’ private lives.” Read more: This was the email that convinced …
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Abu Dhabi utility shortlists 24 firms for 2000 MW solar plant
ABU DHABI (Reuters) – International and local companies are among 24 bidders pre-qualified to build the world’s largest single-site solar plant in Abu Dhabi, a spokesman for the firm in-charge of …
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Government initiatives directly boost UAE property market: Provi Executive Director
On July 2nd, the Dubai Land Department (DLD) unveiled The Real Estate Investment Opportunities (REIOs) initiative as a catalyst for Dubai’s real estate sector based on the outcomes of the Innovation …
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Sameer Barakat: Government Initiatives Directly Boost UAE Property Market
Abu Dhabi: On July 2 nd, the Dubai Land Department (DLD) unveiled The Real Estate Investment Opportunities (REIOs) initiative as a catalyst for Dubai’s real estate sector based on the outcomes of the …
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Dubai wants African startups to tap into US$100m Fintech Fund
The Dubai International Financial Centre (DFIC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has urged African financial technology startups to …
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INTERVIEW: UAE, Saudi stepping up anti-money laundering measures- U.N. official
The United Aram Emirates and Saudi Arabia are moving forward with their plans to counter money laundering, especially as the rise of fintech raises risks of illicit financial transactions, a United …
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Emirates NBD Transaction Banking boosts Dubai Department of Finance’s digitisation strategy
Dubai:Emirates NBD, a leading bank in the region, has announced the successful implementation of a digitised payment solution for Dubai Department of Finance (DoF) to achieve full Host-to-Host (H2H) …
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UAE offers 100% foreign ownership in 122 economic activities
in order to increase the efficiency of financial planning and implementation of the general budget. During the meeting proceedings, the Cabinet also reviewed during the hosting of the meetings of the …
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First banking M&A wave in GCC subsides but UAE still ripe for consolidation, says S&P
The recent wave of mergers and acquisitions in the GCC banking sector is losing momentum, however, the UAE – the second biggest Arab economy and home to more than 40 lenders – is still ripe for …
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Abu Dhabi Commercial Bank to Cut About 2,000 Jobs After Merger
Abu Dhabi Commercial Bank PJSC, which completed a three-way merger earlier this year, may cut about 2,000 jobs as the lenders integrate operations, people with knowledge of the plans said. The …
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Special Report: Abandoned by the UAE, Sudan’s Bashir was destined to fall
Billions of dollars from the UAE flowed to Sudan after the Abu Dhabi talks. The UAE state news agency reported that in the year to March 2018, the UAE channeled a total $7.6 billion in the form of …
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