Brigadier Saif Muhair Al Mazroui, director of the Traffic Department at Dubai Police, told Gulf News that the new ‘Smart Impound’ system will be activated once the technology show Gitex concludes. “A small device is placed in the impounded vehicle …
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US investors ‘most active’ on Abu Dhabi stock market
American investors rank first among foreign investors in the Abu Dhabi Securities Exchange (ADX … 1,500 institutions and are among the most active in the exchange, state news agency WAM reported. Their total trading value exceeded AED7.5 billion in …
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Abu Dhabi Air Expo to open for fifth edition
Abu Dhabi Air Expo 2018 will be held from February 26 to 28 … 3 days of the event and will take place within the show’s allocated space. – TradeArabia News Service
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Dubai’s non-oil private sector business conditions improved last month
Dubai: September data signalled a sharp improvement in business conditions in Dubai’s non-oil private sector, driven by steep expansions in output and new business. That said, the rate of growth eased since August. The Emirates NBD Dubai Economy Tracker …
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Business Conditions in Dubai Improve After Summer Slump
Emirates NBD Dubai Economy Tracker: September Data Signals Improvement In Business Conditions In Dubai’s Non-Oil Private Sector September data signalled a sharp improvement in business conditions in Dubai’s non-oil private sector, driven by steep …
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Smart ‘Uptown Dubai’ District Prompts a New Beat for Business
A world-class district by DMCC, Uptown Dubai is set to become the new ‘Hotspot’ of Dubai offering a 24/7 live-work-thrive experience for residents and businesses Uptown Dubai to deliver a 10 million sq/ft experience with 7 towers atop 7 levels of …
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Emirati dies, eight hurt in Sharjah road accident
a Sharjah Police official told Gulf News on Sunday. Police said that the crash on Friday involved two vehicles and that initial investigation pointed to speeding as the cause of the collision. Police identified the 21-year-old victim as A.B.R.A. and said …
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Ski Dubai breaks 2 Guinness World Records
The activity is part of Ski Dubai’s bigger drive to raise awareness for visually impaired and disabled athletes, as it continues to upgrade its facilities and activity offerings to cater for all. Dubai: Ski Dubai is now the proud holder of two new …
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Arab driver, 29, who filmed himself showing off his gold Rolex and with his feet on the dashboard as he drove his Porsche on UK roads at speeds of up to 180mph cheats jail by …
Officers initially confiscated his passport before Ali changed his name by deed poll and applied for a new one, flying to Dubai two days before he was to be tried for possessing a quantity of bullets. Mr Greenan confirmed this was the second trial of Ali …
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WWE® LIVE Returns to Abu Dhabi
(Photo: http://mma.prnewswire.com/media/569623/WWE_Abu_Dhabi_Live.jpg) Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its subsidiaries.
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UAE official urges Qatar to give up World Cup to end crisis
While Dubai security Lt. Gen. Dhahi Khalfan is often outspoken on Twitter, his tweet on Sunday night on the crisis comes as those opposing Qatar increasingly target the upcoming soccer competition in their criticism. Qatari officials did not respond to a …
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Money raised in European IPOs more than doubles in the third quarter
London’s largest IPO, of Russian gold maker Polyus … as it followed the second-quarter IPOs of Dubai’s Ades International and Turkey’s DP Eurasia and Global Ports Holding. “Looking ahead, the pipeline looks promising for London IPOs, which includes …
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UAE banking sector profitability to improve in 2018
Abu Dhabi: The UAE banking sector has continued to top other GCC (Gulf Cooperation Council) counterparts in terms of assets value in the first half of 2017, with a total value of $723 billion in 48 banks operating in the country, a growth rate of 1.7 per …
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Israel, UAE Have History of Secret Arms Deals
Israeli and UAE businessmen have allegedly brokered secret arms agreements, an investigation in Israel has revealed. Israeli businessman Metai Kokhafi was allegedly responsible for brokering arms deals with his Emirati counterparts, according to a report …
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Emirates financial performance so far this year ‘a lot better’
Dubai: Emirates airline said its financial performance in the first six months of this year was “a lot better” than that at the same time in 2016 when it recorded a 75 per cent drop in net profit. Speaking to reporters at a conference in Dubai on …
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Select Harvests to reject UAE takeover bid
Select Harvests has batted away a $430.6 million takeover proposal by an Abu Dhabi-based sovereign wealth fund, saying it significantly undervalues the Australian almond farmer. The ASX-listed firm said on Monday it was the target of a $5.85 cash per share …
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BRIEF-Moody’s maintains stable outlook on UAE’s banking system
* Moody’s on UAE banking says loan performance will soften modestly following sluggish economic growth this year * Moody‘s-Kept outlook for UAE’s banking system at stable reflecting economic resilience, strong capitalisation, stable funding and …
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