Values across Dubai’s residential investment areas continued to moderate during Q2 2017, dipping by an average of 1.5%. This leaves the annual rate of change at -5.8% and marks the 12th consecutive quarter of price declines, during which time prices have …
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McLaren unveils unique version of famous supercar at Dubai auto show
To mark the opening of the 2017 Dubai International Motor Show, British supercar company, McLaren has unveiled a unique version of its 720S coupé that takes its design inspiration from the words of Bruce McLaren, the late New Zealand-born racing driver …
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Arabian Business Achievement Award winners pay tribute to UAE’s leaders
Munib al-Masri, PADICO and Edgo Group chairman, in his acceptance speech at the Arabian Business Achievement Awards 2017, paid tribute to Sheikh Zayed bin Sultan Al Nahyan, and other UAE leaders, for their forward-thinking visions, and the legacy of …
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Dubai Airshow: India marketing supersonic cruise missile BrahMos
DUBAI: India seems to be aggressively marketing its supersonic cruise missile BrahMos at the Dubai Airshow and is in talks with countries in the Middle East region. In the sprawl of pavilions boasting of cutting edge aviation and defence technology at the …
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Inside the Louvre Abu Dhabi with architect Jean Nouvel
It cost millions, glitters in the sunlight and has its own island. Caroline Roux visits the new Louvre Abu Dhabi and sees the world in a new light. Last Tuesday, on a newly constructed island in Abu Dhabi, the French architect Jean Nouvel was not an …
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UAE announces $684m Raytheon bomb deal
The United Arab Emirates’ military said on Tuesday it was buying laser guided bombs from US missile maker Raytheon Co. in a deal worth Dhs2.5bn ($684.4m). The GBU-10 and GBU-12 Paveway laser guided bomb kits were the largest part of Dhs3.34bn in deals …
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Abu Dhabi’s Aldar Properties appoints new chairman, CEO
RELATED ARTICLES: UAE’s Aldar awards $203m contract for The Bridges on Reem Island | UAE’s Aldar to showcase projects at property event in Riyadh | Phase 1 of Aldar’s $653m Abu Dhabi project sells out in three days Aldar Properties has announced …
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Aldar Properties : Abu Dhabi’s Aldar names new chairman, CEO
Aldar Properties, the Abu Dhabi-based property development company, has named a new chairman and CEO. The decision was made at the November 12, 2017 board meeting, where the directors of the company appointed Mohamed Khalifa Al Mubarak as chairman.
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IBBC holds Successful Autumn Conference in Dubai
Following on from the first Iraq Britain Business Council conference in Dubai in 2016, the IBBC was delighted to host its Autumn Conference in the UAE once again. The event was strongly supported by the UAE authorities. Alongside Baroness Nicholson …
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Dubai’s Jetex to expand into Saudi
Dubai-based executive aviation company Jetex Flight Support … We will work with Oman airport and with the government to increase the business volume and divert more business to this location,” Mardini said. Jetex also has operations at terminals …
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Swiss journalists detained, interrogated in Abu Dhabi
13 Nov 2017 09:31 GMT The journalists were accredited to cover the opening of the Abu Dhabi Louvre and interview its architect, Jean Nouvel [Satish Kumar/Reuters] Authorities in the United Arab Emirates have detained two journalists working for Swiss …
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Sharjah Transport Solutions To Work With Careem For More Mobility Options In The Emirate
Under the directives of Sheikha Bodour Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq), the “Sharjah Transport Solutions”, the managing transportation unit of Shurooq Al Emarat signed an operational contract with …
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Arada in record Sharjah apartment unit sales
Arada, the UAE’s newest developer, said it has sold all the 115 apartment units within Areej 5 block in the first phase of Aljada, the largest mixed-use project in Sharjah, thus breaking the record for the sale of number of homes te emirate on a single day.
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Sharjah’s Al Ittihad Road to temporarily close
Gulf News previously reported that the bridges is expected to be equipped with elevators and shaded walkways to ensure accessibility for elders, and for people with special needs. On its official Twitter account, the Sharjah RTA said Al Ittihad Road will …
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UAE’s state-owned oil company is poised to sell at least 10% of its fuel distribution unit
Abu Dhabi National Oil Company (ADNOC), the United Arab Emirates (UAE) oil giant, said Monday it plans to sell at least 10 percent of its stake in its fuel retail business in an initial public offering (IPO) next month. The listing will be on the Abu Dhabi …
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Abu Dhabi oil company to put fuel stations on stock market
DUBAI, United Arab Emirates — The state-run Abu Dhabi National Oil Co. will put a minority stake in its gas station subsidiary up on the local stock market. The company made the announcement on Monday, saying at least 10 per cent of ADNOC Distribution …
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Dubai wants guarantee on A380 output before placing new order
DUBAI (Reuters) – Dubai wants a guarantee that Airbus (Paris:AIR.PA – News) will keep production of the A380 superjumbo open for at least 10 years before state-owned Emirates places a new order for the world’s largest jetliner, the airline’s president said …
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