Dubai: Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE on Tuesday said that it has been given a licence by the Central Bank of Kenya (CBK) to operate its subsidiary, DIB Kenya Ltd. In a statement to the Dubai Financial Market where DIB shares …
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Trump sees UAE as key in fight against Daesh: US diplomat
The UAE “has a been partner, and they’ve been very much a critical part of the global coalition,” the diplomat told Gulf News on the sidelines of the Arab Media Forum in Dubai on Tuesday. Its role was “recognized by the new leadership, from …
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Tolerance key to making UAE ‘the Arab Dream’ for youth
Dubai: The elevated level of tolerance and peace found in the UAE has made the country a role model for other Arab nations, said a top official. Shaikha Lubna Al Qasimi, Minster of State for Tolerance, referred to Arab Youth Survey while speaking at the …
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Dubai-based Thunder Snow tests Derby track after quarantine
Thunder Snow took to the track at Churchill Downs for the first time since clearing quarantine ahead of the Kentucky Derby. The UAE Derby winner jogged once around before galloping a mile on Tuesday. He arrived in the U.S. on April 30 from England …
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Libyan premier, rival general in UAE for ‘mediation’ talks
Libya’s U.N.-backed prime minister and a powerful rival general have met in the United Arab Emirates for talks on how to resolve the country’s long-running conflict. Libya’s armed forces posted an image Tuesday on Facebook showing Field Marshal Khalifa …
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New IBBC Representative in UAE
Vikas Handa is joining the Iraq Britain Business Council (IBBC) as the UAE Representative to run the IBBC office in Dubai and will be responsible for the overall outreach in the Middle East & North Africa (MENA) region. Many IBBC members will know Vikas …
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Super sale: Up to 90% off for Dubai shoppers
Dubai: Missed the last massive clearance sale? Don’t worry, there’s another mega shopping frenzy in store that will offer opportunities for Dubai shoppers to make some huge savings on purchases. Shopping centres around Dubai will be hosting a three-day …
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UAE GDP growth bottoming out with turnaround expected next year
Dubai: The UAE’s economic growth which faced strong headwinds following prolonged low oil prices and slump in international trade are seen bottoming out this year for a turnaround from 2018, according to recent economic forecasts. According to Bank of …
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Siddaramaiah invites NRI tycoons in UAE to invest in Karnataka
Praveen Kumar Shetty in association with industrialist Ronald Colaco hosted the first ever historical KNRI-UAE Business Meet with Chief Minister of Karnataka Siddaramaiah at Fortune Park Hotel, Dubai Investment Park on Saturday the 29th April, 2017 evening …
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Disrupting personal finance in the GCC
Amid this more difficult climate, the aggregator site and its rival Souqalmal are an example of the changing personal finance landscape in the UAE and wider Gulf region, with technology playing a larger role than ever before. Where once applying for an …
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UAE- Why the Blackstone trade idea was a winner
I had declined Morgan Stanley’s offer of dinner with founder Steve Schwarzman when I was the CIO of a royal investment office in Dubai during the June 2007 IPO of Blackstone. I thought the shares were grossly overvalued and refused to bid. The biggest …
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Dubai promotes its very own font as a sign of free expression. Others disagree.
“There are quite a few boundaries and limits on expression in Dubai and across the United Arab Emirates, where the news media is censored to remove criticism of the government or the coalition of royal families that controls it.” Reporting on the new …
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Merkel in UAE: Gulf states making progress on free trade deal
Abu Dhabi: Angela Merkel arrived in the UAE on an official state visit on Monday, with the German Chancellor embarking on a regional tour to boost relations with Gulf countries and push for a free trade deal. His Highness Shaikh Mohammad Bin Zayed Al …
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Dubai becomes first city in world with own Microsoft font
Dubai has become the first city in the world to get its own front, the government announced on Sunday. The type face, simply called ‘Dubai Font,’ comes in both Arabic and Latin script and will be available in 23 languages. It was created in partnership …
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Dubai Municipality offers workers welfare measures
Dubai: Dubai Municipality on Monday celebrated International Workers’ Day by honouring the best performing workers. The special ceremony to mark the occasion, organised by the Human Resources Department, was held in the City Hall of the municipality in …
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First solar-powered gas station opens in Dubai
DUBAI, United Arab Emirates — A government oil company in the United Arab Emirates says it has opened the country’s first solar-powered gas station in Dubai. The Dubai-owned Emirates National Oil Company said on Wednesday the service station on the city’s …
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Abu Dhabi taxi users look for alternatives
“I have to start looking for another option,” she told Gulf News. The Abu Dhabi Integrated Transport Centre announced its plans to revise taxi fares in the capital on Monday as part of an effort to enhance the quality of its services. The revised …
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