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Posted on 18/03/2017

UAE hikes interest rates: How will it impact your EMI?

The United Arab Emirates central bank said on Wednesday that it was raising key interest rates by 25 basis points, effective on Thursday, in response to the rate increase by the US Federal Reserve. Rates on certificates of deposit issued by the UAE central …
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Posted on 18/03/2017

Dubai residents all smiles for happiness parade

Dubai: Smiles, sunglasses and sweat were seen on the faces of a large crowd who gathered on Saturday by the Dubai Canal to mark the International Day of Happiness. To start the whole-day happiness programme, several hundred people joined a parade the beat …
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Posted on 18/03/2017

Marissa, the nail technician with a hidden artistic talent

Dubai: When Marissa Sanchez Paulma, a 30-year-old nail artist from the Philippines, was gifted a canvas and paintbrush by one of her clients at the salon, she was pleasantly surprised at the beautiful artwork she could create. Working as a nail technician …
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Posted on 18/03/2017

UAE: Jordanian Journalist Convicted

WAM, the UAE’s official news agency, reported that the Abu Dhabi Federal Appeals Court convicted al-Najjar under article 29 of the country’s cybercrime law, sentencing him to three years in prison and a fine of 500,000 UAE Dirhams (US$136,000).
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Posted on 18/03/2017

UAE, Brazil sign three accords enhancing ties

Brasilia, March 17 (IANS/WAM) The United Arab Emirates (UAE) and Brazil have signed three accords on air transport and reciprocal exemption of entry visa requirements. Sheikh Abdullah bin Zayed Al Nahyan, UAE’s Minister of Foreign Affairs and …
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Posted on 18/03/2017

UAE official says Germany can benefit from Dubai Expo 2020

reported UAE state news agency WAM Friday. Dubai, the trade and logistics hub of the UAE, will be the first Arab city to host the six-month world expo in 2020. Abdullah Al Saleh, under-secretary for foreign trade affairs at the UAE Ministry of Economy …
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Posted on 18/03/2017

UAE: Strong Partnerships Vital to Address Global Challenges

SÃO PAULO, Mar 17 (IPS) – IPS is reproducing an interview of Sheikh Abdullah bin Zayed bin Sultan Al Nahyan, Minister of Foreign Affairs and International Cooperation of the United Arab Emirates with Valor Economico. Sheikh Abdullah bin Zayed bin Sultan …
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Posted on 18/03/2017

UAE tennis in need of serious re-think

To think that tennis has been struggling to survive may not exactly be the best of news for a country that boasts of two of the top international tournaments in the fortnight-long Dubai Duty Free Tennis Championships. But over a period of time, the reality …
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Posted on 18/03/2017

UAE posts trillion dirham revenue from non-oil trade

The year, UAE’s imports were valued at Dh803 billion, with re-exports accounting for Dh330 billion and exports Dh143 billion. (ADTerminals.ae image) DUBAI – There is life outside oil industry after all. This progressive city in the United Arab Emirate …
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Posted on 18/03/2017

Argentina and UAE Agree to Strengthen Economic Ties

A broad UAE delegation headed by UAE Assistant Minister of Foreign … which left 22 dead and dozens injured. During the news briefing, Minister Al Nayhan expressed his solidarity referring to the incident and said he hoped nations “will work more …
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Posted on 17/03/2017

Driverless flying taxi service set to launch in Dubai

Awesome as it might sound to sit back and take in the view as the rest of Dubai is stuck in traffic jams, there are some limitations to the technology. With a 30-minute maximum battery time, it won’t take you very far. And then there are the usual concerns …
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Posted on 17/03/2017

Milan-San Remo news: UAE Team Emirates back Swift

UAE Team Emirates are backing last year’s Milan-San Remo runner-up Ben Swift to go one better in 2017 and end an almost two-year gap between victories. The 29-year-old has also finished third at La Classicissima, and Swift is aiming to continue his good …
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Posted on 17/03/2017

Aldar Properties : Water taxis available for Abu Dhabi beach festival visitors

Abu Dhabi: Water taxis will be put in place to help facilitate alternative access for visitors to a beach festival in Abu Dhabi’s Al Muneera area, Aldar Properties has announced. Aloha Festival, a five-day free beach lifestyle festival that will be held …
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Posted on 17/03/2017

First Qatar stock exchange IPO since 2014 likely

Discussions with the unnamed family-owned firm were in their final stages, said Mr Al Mansoori on the sidelines of the Arab IPO Summit in Dubai yesterday. “It’s in the process, hopefully IPO-ing in April,” he told The National. He did not give an …
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Posted on 16/03/2017

Dubai launches rule for conducting business on social media

The initiative will not only ensure transparency when conducting business on social media platforms, it will also protect consumers from fraud. In an attempt to regulate business activities on social media, Dubai has introduced an e-Trader initiative …
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Posted on 16/03/2017

Dubai launches ‘e-Trader’ to license business activities across social

Initiative will allow UAE nationals and GCC citizens to leverage social media for business growth Aimed to promote and facilitate doing business in Dubai, says Omar Bushahab 3,000 e-Trader licenses expected to be issued in 2017 The Business Registration …
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Posted on 16/03/2017

UAE Citizens Can Enter Armenia Without Visa

UAE citizens will be able to enter Armenia for a stay of 180 days without a visa starting on March 22. Armenia’s foreign affairs ministry says that many from the Gulf state have expressed an interest in vacationing and investing in Armenia’s …
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