The UAE made a major announcement regarding holidays for 2019-20, news agency WAM reported on Tuesday. Also read: More UAE jobs for Pakistanis, Indians in 2019 The UAE Cabinet has approved public holi…
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Montrealers head to Abu Dhabi for Special Olympics World Games
Daigle is heading to Abu Dhabi for the 2019 Special Olympics World Summer Games this month, where she hopes to finish on the podium once again — this time in freestyle swimming. “I just really want he…
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News: ITB Berlin: Yas Island Abu Dhabi to showcase offering in Germany
Experience Hub, the trade and promotion arm of one of the world’s fastest growing leisure and entertainment destinations, Yas Island Abu Dhabi, is set to participate at ITB Berlin. The world’s largest …
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IPO activity picks up despite a relatively slow year: PwC
DUBAI — The year 2018 ended on a strong note for GCC equity capital markets activity, with Q4 being the best quarter in the year. A total of five IPOs generated $1.03 billion, or 42% of the GCC’s annu…
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PNC Menon charts ‘aggressive’ expansion of the UAE’s Sobha Group
Once Sobha maintains this level of revenue for a couple of years, Menon says he might look to fulfil his long-held ambition of floating an initial public offering (IPO) on London Stock Exchange or Dub…
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Saudi Alhokair’s mall unit seeks $1 bln from IPO, adds banks -sources
DUBAI, Feb 21 (Reuters) – Saudi Arabian shopping malls business … Arabian Centres, which has applied for an IPO with the Capital Market Authority, is looking to sell a 30 percent stake to investors …
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Road deaths fall 21 per cent in Sharjah in 2018
Sharjah: Road deaths fell in 2018, but work remains to be done to reduce traffic fatalities even further, said senior police officers on Tuesday. Major General Saif Mohammad Al Zari Al Shamsi …
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UAE’s ministry of finance works on 2020 budget draft using electronic systems
The UAE’s ministry of financing is working with federal entities to draft the 2020 fiscal budget using electronic systems in order to increase efficiency in the process and comply with international b…
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Dubai closes nearly 14,000 social media accounts for selling fake goods
of the DED said its actions were taken in line with the strategy to enhance competitiveness and sustainable business growth in Dubai. The accounts were closed after they were found to be selling count…
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Dubai Property Market shows signs of positive growth in 2019
The start of 2019 has seen positive growth in a selection of key Dubai developments, the head of the most advanced property portal in the market has revealed. The start of 2019 has seen positive growt…
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UAE non-oil companies cutting jobs at fastest rate in decade
DUBAI, United Arab Emirates – A leading Dubai bank warned on Tuesday that non-oil companies across the United Arab Emirates have cut staff at their sharpest rate in nearly a decade amid an economic sl…
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Growth in UAE’s non-oil private sector slows to 28-month low
Operating conditions in the UAE’s non-oil private sector economy dropped to a 28-month low in February, according to the seasonally adjusted Emirates NBD Purchasing Managers Index. According to Emirat…
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Bright outlook for UAE renewable energy sector
The UAE is also looking at nuclear power and waste to diversify away from oil and gas Image Credit: Gulf News Archives By the end of this year, 10 per cent of all citizens’ homes in Dubai will …
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Dubai Future Accelerators Programme 6th cycle kicks-off
DUBAI, 5th March, 2019 (WAM) — Emirates and Dubai Future Accelerators, an initiative of Dubai Future Foundation, have launched the sixth cohort of the Accelerators programme with an opening ceremony …
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How Blockchain-based Platform, Tradelens is Transforming the Shipping Industry
According to Feroz Sanaulla, LDJ Capital Managing Director for Venture Capital (MENA, Abu Dhabi, Dubai), the increased sign ups is an indication that players in the shipping industry are keen on adopt…
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Dubai Islamic Bank and DEWA sign agreement to provide preferential profit rates on DEWA Store for financing electric vehicles
Dubai: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance deals for electri…
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No rush with Abu Dhabi’s Midfield terminal opening, says CEO
“Once the airline has reset itself and its new strategy has come into place with the new fleet, Abu Dhabi will return to growth,” he said. Subscribe to Arabian Business’ newsletter to receive the late…
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