Tesla is expanding its operations in the UAE, according to an email sent by the company to owners of its cars, inviting them to the event. The Emirati business – the first Tesla foray in the MENA region – will be based in Dubai, with the official …
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Al Jazira reply to UAE coach regarding their stadium's condition
Al Jazira weren’t thrilled with the UAE national team coach comments regarding their stadium, and they released the following statement Emirati top flight league leaders, Al Jazira, released a statement affirming that the club’s stadium, Mohammed Bin …
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Bloom quadruples property sales volume in 2016
The Abu Dhabi-based company capitalised on its solid credentials in the real estate market as a trusted master developer of high-quality properties – with the completion ahead of schedule and delivery of several significant projects that registered a high …
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Cityscape Abu Dhabi returns with clear message from developers: now is the time to invest
Property developers line up to capitalise on optimistic sentiment for 2017 UAE Real Estage photo caption: Cityscape Abu Dhabi has announced that more than 90% of show floor has already sold, as it prepares for buoyant return from 18-20 April at the Abu …
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Abu Dhabi's developers finally start thinking mid-market
Dubai: There might be some respite for Abu Dhabi’s luxury-leaning residential property market after all — more developers are now “evaluating” whether to go in for mid-market offerings. Unlike at any point in the recent past, the market …
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UAE, India to boost regional security, says Indian envoy
Dubai: The UAE-India ties are set to deepen “beyond bilateral relationship” through expected collaborations in regional security, India’s ambassador to the UAE said during a goodwill visit by an Indian coast guard ship at Dubai’s Port Rashid on …
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Dubai developer Emaar to collect $332M for high-rise fire
DUBAI, United Arab Emirates – The developer of the world’s tallest building says it will collect $332.4 million from its insurer to cover damage sustained during a dramatic New Year’s Eve fire at one of its Dubai hotels. Emaar Properties said in a filing …
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Dubai gathers geeks to help make city happier
Dubai: This week, four teams of programmers, public and private sector workers have gathered for one goal: to make Dubai a happier place for travellers. With the aid of patchworks of sticky notes, walls of whiteboard and countless cups of coffee, each team …
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Dubai property sales ‘increase by 30%’
Busier residential market in fourth quarter, with Dubai Marina recording the most transactions – Chestertons There was a 30% increase in Dubai residential real estate transactions in the fourth quarter of 2016 compared to Q3, according to property agent …
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Smarter police patrols on Dubai roads
Dubai: Dubai Police will deploy 30 smart patrols on the roads and will have more smart cameras to tackle stolen cars, an official said on Sunday. People driving stolen vehicles or those driving recklessly will be tracked in a flash with next-generation sma …
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Dubai Municipality Launches 8th Car-Free Day Initiative
DUBAI, UAE, Feb. 5, 2017 /CNW/ – Dubai Municipality on Sunday launched the eighth “Car Free Day” with the participation of government, semi-government and private organizations and a number of dignitaries, including heads of government departments and …
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Dubai royalty is first woman pilot in Al Maktoum family
The youth of Dubai’s royal family are clearly reaching for the skies and beyond. A young woman in the Al Maktoum family earned a unique distinction earlier this month and became a trailblazer of sorts. Apparently, Dubai princess – Sheikha Latifa – isn’t …
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Dubai's Emaar to recover 265.89 million pounds for hotel fire insurance claim
DUBAI Dubai’s Emaar Properties EMAR.DU will recover 1.22 billion dirhams (265.89 million pounds) from an insurance claim for a fire that engulfed one of Dubai’s most prominent hotel skyscrapers on New Year’s Eve 2015, the developer said Monday. The luxury …
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Dubai crude cash spread to swap at three-month high on robust demand
Frontline cash Dubai crude rose to its highest against the same-month Dubai swap in over three months Monday as demand for medium, heavy sour crudes was expected to remain supported on the prospect of the OPEC output cuts could be more apparent to Asian …
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Reminder To Always Request Your Hotel Benefit Letter As Status Customer, Outlining Your On-Property Benefits
This week I stayed at the Le Royal Meridien Abu Dhabi as well as the St.Regis Abu Dhabi at Nation Towers. Both properties didn’t explain the Platinum Benefits properly upon check-in and didn’t ask for the Platinum Amenity either. The latter alone would …
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Banks recovery trigger bounce back in UAE indices
National Bank of Abu Dhabi closed 2.05 per cent higher at Dh9.95. Aldar Properties closed 2.01 per cent higher at Dh2.54. Sharjah Islamic Bank closed 1.97 per cent higher at Dh1.55. Asmak closed 2.99 per cent higher at Dh2.41. Among the losers, Union …
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15.2 Billion Dirhams of margin trading finance in ADX in 2016
and RAK Properties with 1.1 billion Dirhams. In the banking sector, First Gulf Bank shares received 962 million Dirhams of funding, followed by National Bank of Abu Dhabi with 328 million Dirhams. Whereas in other sectors Dana Gas received 516 million …
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