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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UAE shares rebound as measure of business activity jumps to six-month high
FGB, the Abu Dhabi-based lender, and Etisalat, the mobile phone operator, led gains in Abu Dhabi, while Dubai Islamic Bank and Emaar Properties underpinned the rise in Dubai. FGB gained 1.19 per cent, Etisalat 1.14 per cent, DIB 3.9 per cent and Emaar 0.69 …
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ADX registers Dh15.2 billion of margin trading finance
and Rak Properties with Dh1.1 billion. In the banking sector, First Gulf Bank shares received Dh962 million of funding, followed by National Bank of Abu Dhabi with Dh328 million. Whereas in other sectors Dana Gas received Dh516 million; Methaq Takaful …
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Mideast investors opt out of Malaysia due to oil price slump
The project attracted big names such as Kuwait Finance House, Abu Dhabi’s state-owned Mubadala Development Group and Aldar Properties, another real estate developer in Abu Dhabi. But, the ST report said, Arab involvement in Medini fizzled out after the …
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Sobha announces special offer for UAE investors
Also Emiratis can avail of special prices on these properties during an exclusive event planned in Dubai and Abu Dhabi on February 11. Sobha said the Emirati investors will have an option of either choosing from a range of studios, apartments, duplexes …
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Emaar backs Microsoft UAE Imagine Cup 2017
Veresh Sita, Chief Digital Officer for Emaar Properties, said, “Nurturing the next generation … via online campaigns and offline roadshows in universities across Dubai, Abu Dhabi, Sharjah, Ajman and Ras Al Khaimah. The Pan-Arab Finals 2017 will be …
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Dubai Properties’ iconic tower development 1/JBR on track for Q4 2019 completion
Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced that Dubai Contracting Company (DCC) has been awarded the contract for the exclusive luxury sea-front tower – 1/JBR. Work is now steadily advancing …
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Mohammad approves UAE's new entry visa system
Abu Dhabi: A new entry visa system has been introduced to attract highly qualified professionals and brilliant minds to the country to vitalise its various sectors. The system was approved during Sunday’s Cabinet meeting chaired by His Highness Shaikh …
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Abu Dhabi Racing News: Tadhg O’Shea Wows the Crowd
The Group 3 Al Ruwais, over 1000m, was the feature at Abu Dhabi on Sunday evening and seven may have gone to post but, in reality, the only horse who ever really mattered was AF Maqayes. Trained by Ali Rashid Al Rayhi and a three-time course and distance …
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