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Posted on 16/05/2018

UAE-based influencers will need two licences to legally operate

“Note that this [trade licence] can be a freelancer visa, such as those provided by Dubai Creative Clusters Authority and twofour54,” said Fiona Robertson, a senior associate in the Technology, Media and Telecommunications practice with Al Tamimi & Co …
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Posted on 16/05/2018

Dubai ruler hails Area 2071 as ‘bridge to the future’

The zone, located at Emirates Towers in Dubai, is designed to serve as the headquarters of global smart companies, services and labs, and will work to create innovative solutions and tools, in accordance with future requirements and technologies.
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Posted on 16/05/2018

Dubai to have driverless police patrols by 2020

You could see driverless police patrols on Dubai roads by as early as 2020. The Dubai Police have signed an agreement to this effect with Acacus Technologies, it was announced on Sunday. The driverless vehicles will be out on the roads in phases.
( read original story …)


Posted on 16/05/2018

Dubai signs up Fliggy to boost Chinese tourist numbers

Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has signed an agreement with Fliggy, the online travel service platform of global technology company Alibaba Group. The deal aims to boost the number of Chinese tourists visiting Dubai …
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Posted on 16/05/2018

Make this call and your personal guide to UAE tourism landmarks is free

This fact caught the attention of Dubai, a hotspot for tourists, and Huawei, a globally renowned technology brand with revenues exceeding $78.5 billion last year, both to collaborate and strike a deal like no other. How does it work? At the outset …
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Posted on 16/05/2018

Dubai Hosts its First Mini Maker Faire in the United Arab Emirates

Students from Higher Colleges of Technology leaded by Noora AlAmeri developed in Fab Lab UAE a smart device for finding free parking spots in the university. Francisco Sanchez from Spain was being helped by some volunteers to assemble an open source …
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Posted on 16/05/2018

How technology positively impacts home buying

Hearing: Of course, basic and easy for technology to relay this information, but let’s go a step further, shall we? You’re 55 years old sitting in your home in Cairo enjoying a nice virtual tour of a property you’re interested in Dubai when, all of a …
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Posted on 16/05/2018

Dubai is not only the most rated tourist attraction in the Middle East, it is now known for its unique and grandiose hotels.

Dubai is not only the most rated tourist attraction in the … and a sensory rain system which mimics the rainforest climate. Modern technology will be used to ensure that each guest experience is unique. Apart from the simulated rain, dynamic 3D …
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Posted on 16/05/2018

Dubai Tourism signs MoU with Fliggy, Chinese online travel platform

Dubai Tourism, today signed a Memorandum of Understanding, MoU, with Fliggy, the online travel service platform of the global leading technology company, Alibaba Group. The MoU aims to boost the number of Chinese tourists visiting Dubai through closer …
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Posted on 16/05/2018

Dubai’s TECOM hosts 5,600 firms after 2017 growth

TECOM Group, a member of Dubai Holding, said it attracted nearly 500 new companies during 2017 across its 11 business parks in the emirate TECOM Group, which emcompasses Dubai Internet City, Dubai Outsource City, Dubai Media City, Dubai Studio City …
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Posted on 16/05/2018

Abu Dhabi Ramadan food safety campaign in second phase

Abu Dhabi: Food safety officials in Abu Dhabi are conducting inspection campaigns in three phases to ensure safety and quality of food during Ramadan, a senior official told Gulf News on Wednesday. The first-phase inspections focused on the storage of food …
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Posted on 16/05/2018

Noor Bank rings bell to celebrate listing of a $500 million Sukuk

John Iossifidis, Chief Executive Officer of Noor Ban rang the market-opening bell to celebrate the listing of a $500 million Sukuk on Nasdaq Dubai. The capital raised supports Noor Bank’s continuing rapid growth as a fully scalable universal Islamic bank …
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Posted on 16/05/2018

The Debt Panel: Former Dubai executive struggling to repay Dh380,000 loan following job loss

I left Dubai in April last year after losing my job as a compliance director in the financial sector a couple of months earlier. When I left I had an outstanding loan of Dh380,000 and contacted the bank to inform them about my situation. I asked to …
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Posted on 16/05/2018

Dubai contracting giant rebounds to post profit in Q1

Drake & Scull International, the Dubai-based contracting giant which has recently completed the restructuring of its corporate general bank debt in the UAE, said on Tuesday that it returned to profit in the first quarter of 2018. The company said it made a …
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Posted on 16/05/2018

Revealed: how China is driving growth in Dubai’s financial hub

ICBC and China Construction Bank Corporation. A recent survey also ranked the UAE as third in a global index of nations that stand to benefit most from the One Belt, One Road Initiative. Kazim said: “Dubai has always been a focal point for trade and …
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Posted on 16/05/2018

Noor Bank lists US$500 million Sukuk on Nasdaq Dubai

DUBAI, 16th May, 2018 (WAM) — Noor Bank today welcomed the listing of US$500 Sukuk on Nasdaq Dubai. The capital raised supports Noor Bank’s continuing rapid growth as a fully scalable universal Islamic bank across the UAE active in a wide range of …
( read original story …)


Posted on 16/05/2018

Alawwal and SABB merger to create Saudi Arabia’s third largest bank

DUBAI: Saudi British Bank (SABB) and Alawwal Bank have agreed on a merger, Alawwal Bank said on Wednesday, in a deal that would create Saudi Arabia’s third-biggest bank with assets of around $77 billion. The merger is the first major banking tie-up in …
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