Special counsel Robert Mueller’s team is now purportedly looking into whether the United Arab Emirates, with perhaps help from a top adviser, tried to gain political influence by putting money into Donald Trump’s 2016 presidential campaign — a tack …
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Dubai Police seize 293kg of banned pills hidden in truck
Dubai: Dubai Police’s anti-narcotics officers arrested a visitor and seized around 293kg of drugs and banned pills from him in November last year, the Dubai Court of First Instance heard on Sunday. Acting on an informant’s tip, drug enforcement …
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Dubai Metro services on Red Line resume after disruption
Dubai: Dubai Metro services between ADCB station and First Gulf station have resumed after a temporary disruption on Monday. Services on Metro’s Red Line had been disrupted due to a technical snag, the Roads and Transport Authority (RTA) confirmed. An …
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UAE solar start-up Pawame secures $2m in seed funding
UAE off-grid solar start-up Pawame has raised $2 million in seed funding from Gulf-based investors to help grow its business in Kenya. The social enterprise’s funding round was led by CT Arabia, an investment firm created by regional energy executives to …
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Dubai SME Introduces Regulations for Business Accelerators and Incubators
Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprises (SME) sector has announced new regulations for ‘Incubators and Business Accelerators’ to draw further support for …
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Abu Dhabi to establish new Dhs500m holding company
The Abu Dhabi Development Holding Company (ADDHC) will be an independent corporate body with complete legal status and financial and administrative autonomy, official news agency WAM reported. The company will have a capital value of Dhs500m, to be …
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US investigator probes possible UAE attempts to buy influence
News report says Russia investigation expanded with allegations UAE adviser may have attempted to influence US policy. A special counsel is probing alleged attempts by the United Arab Emirates (UAE) to curry favour with members of Donald Trump’s campaign …
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Citi implements its global digital strategy in UAE consumer and wealth business
Dubai: Citi, as part of realigning its consumer banking strategy across all its markets with focus on emerging affluent and affluent customers has set strong growth targets for the UAE and Gulf markets, said Francisco Aristeguieta, CEO of Citi, Asia.
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Dubai resident wins Dh7m in raffle draw
Abu Dhabi: An Indian man living in Dubai got a welcome morning surprise after he was announced … Babu when organisers of the raffle draw called him up to give him the good news. Babu purchased his winning ticket no. 030202 last month, according to …
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Abu Dhabi to set up Dh500 million holding firm
Abu Dhabi is setting up an independent corporate body that will have the ownership of all government and quasi-government development service companies of the emirate. The Abu Dhabi Development Holding Company, or ADDHC, will be a public joint stock …
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Abu Dhabi Is Working On Preparing A Consumer Protection Strategy: DED
The Department of Economic Development, DED, in Abu Dhabi is working on preparing a business and consumer protection strategy for the emirate of Abu Dhabi for 2018-2022, in co-operation with its strategic partners in the local and federal government and …
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Abu Dhabi establishes AED 500 million public joint stock company
The Abu Dhabi Development Holding Company, or ADDHC, will be a public joint stock company with full legal status as well as financial and administrative autonomy. Its mandates include monitoring the development service companies in Abu Dhabi, and enabling …
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UAE aluminium exports ‘critical’ to US security
the president of the Washington DC-based US-UAE Business Council. Sebright’s comments come just days after US President Donald Trump vowed to impose tariffs on steel and aluminium imports to protect US producers, risking retaliatory moves from some of …
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Business confidence in UAE’s non-oil sector drops to six-month low
Business conditions in the UAE’s non-oil private sector slowed to the lowest level since September last year in February, according to the latest economy survey by Emirates NBD. Weaker growth also weighed on business confidence, which registered at a six …
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Hamdan orders no increase in Dubai government fees for the next three years
enhancing social stability and boosting investments in Dubai. — Gulf News The move is aimed at promoting Dubai’s economic competitiveness, enhancing social stability and boosting investments in Dubai. “This a very positive development that will …
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Expat wins luxury car after over three decades living in Dubai
I can’t believe I’ve won this fantastic car. It was the best news I’ve had in a long time,” Kunnathakath said. The car is currently priced between Dh268,000 and Dh343,000 in Dubai. The Dubai Duty Free tennis surprise promotion was held in …
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Doha Bank’s Seetharaman chosen ‘CEO of the Year’
Seetharaman receiving the ‘CEO of the year’ award at the EMEA Finance Middle East Banking Awards 2017 Ceremony in Dubai recently. Doha Bank CEO Dr R Seetharaman won the “CEO of the Year” for bringing “transformational leadership” in Doha Bank …
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