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Brit JAILED for a month in Dubai for drinking alcohol – but waits for sentence for ‘touching a man’s hip in bar’ – The Sun
A BRIT facing jail over claims he indecently touched a businessman in Dubai has been sentenced to a month in prison … wants to go home’ as his accuser …The Scottish Sun Some local news is curated – Original might have been posted at a different …
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DLD streams property data on smart screen
The Dubai Land Department (DLD) is showcasing state-of-the-art technologies at Gitex Technology Week to reflect its achievements in the real estate sector. During the event, DLD displayed a 6×2 metre flip-dot screen for the first time, which provided an …
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Pakistanis invested $8 billion in Dubai real estate in last 4 years, NA committee told
Pakistanis invested a whopping $8 billion in Dubai’s property market in the last four years, the National Assembly’s Standing Committee on Finance was informed by the Federal Board of Revenue (FBR). The FBR, however, has so far failed to determine names of …
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Dubai’s Al Ghurair Properties to Build Dh5 Billion Worth of Projects
Dubai-based Al Ghurair Properties has announced plans to build Dhs5bn worth of residential developments across the emirate, it announced on Tuesday. The developments will include 58 buildings with 8,000 residential units and 350,000 square feet of retail …
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Huawei partners with Dubai Airports to Build a Smart Airport
Dubai Airports had several data centres … Great efforts have been made to enable free Wi-Fi, Smart Gates, data collection and sharing, airport Apps, requirement forecasts, asset management and maintenance, and flight punctuality rate management, among …
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Huawei to supply modular data centre solution to Dubai Airports
The company is making investment in enabling free Wi-Fi, Smart Gates, data collection and sharing, airport Apps, requirement forecasts, asset management and maintenance, and flight punctuality rate management, among others. Dubai Airports has deployed …
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Dubai’s DIFC proposes new laws to strengthen wealth management sector
Dubai International Financial Centre (DIFC) has proposed a new Trust Law regime and a new Foundation Law regime. DIFC Authority’s Legislative Committee said it has invited public comment on the new proposed laws, which are primarily designed to enhance …
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UAE doesn’t share info about $8bn investment by Pakistanis in real state, NA told
ISLAMABAD: The Federal Board of Revenue, the State Bank of Pakistan and the Federal Investigation Agency informed the National Assembly’s Standing Committee on Finance that the United Arab Emirates (UAE) authorities did not share information about those …
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Dubai Islamic Bank says assets top AED200bn for first time
Dubai Islamic Bank, the largest Islamic bank in the UAE by total assets, on Wednesday reported a 10 percent rise in nine-month net profit to AED3.3 billion ($900 million) compared to the same period in 2016. Total income increased to AED7.5 billion for the …
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Bahrain banking to remain ‘sluggish’ in 2017 – study
Bahrain’s banking sector is expected to remain sluggish into 2018 … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Mashreq Bank Transforms Banking Experience With Avaya
Mashreq Bank, one of the leading financial institutions in the UAE, announced today it is working with Avaya to develop customer experience solutions that will take the digital banking experience to the next level. Avaya and Mashreq Bank will work closely …
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Dubai Islamic Bank posts 26 pct Q3 profit rise
DUBAI, Oct 11 (Reuters) – Dubai Islamic Bank (DIB), the United Arab Emirates’ largest sharia-compliant lender, posted a 26 percent increase in third-quarter net profit on Wednesday as higher income from Islamic financing and investing offset a rise in …
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Dubai Islamic Bank 9-month profit hits $898.7m
Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, reported a group net profit of Dh3.301 billion ($898.7 million) for the nine-month period ending September 30, up 10 per cent compared …
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Dubai Islamic Bank posts 26% rise in third quarter profit to Dh1.1 billion
Dubai Islamic Bank (DIB), the emirate’s largest Sharia’a-compliant lender, said third quarter net income rose about 26 per cent thanks to strong growth in financing assets and customer deposits, even as impairments more than doubled. Net profit …
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Qatar blockade could end if it gives up World Cup, says UAE official
Dubai security Lt. Gen. Dhahi Khalfan … peninsular nation that’s pushed itself onto the world stage with its bid and its Al-Jazeera satellite news network. Qatari officials did not respond to requests for comment on Monday. However, the 2022 …
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Dubai developer plans first project in Abu Dhabi
… has revealed plans to build its first project in Abu Dhabi. The project was announced during a meeting with Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, state news agency WAM reported. Union Properties chairman Naser …
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