ABU DHABI (Reuters) – Abu Dhabi has reduced tourism-related fees to help the ailing hospitality sector and attract more visitors as the oil-rich emirate looks to diversify its economy. The Department …
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UAE banks’ loan losses to rise on real estate – Moody’s
Residential property prices in Dubai have been falling since 2014 on high supply and weaker demand, forcing construction and engineering firms to cut jobs and halt expansion plans. Increased …
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Video: UAE’s mortgage cap explained
What really was the mortgage law? The law defines the eligibility of various categories of borrowers based on a loan to property value ratio. In the case of UAE nationals, for properties valued at AED …
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Abu Dhabi’s top oil and gas construction projects of 2019
Abu Dhabi’s active oil and gas projects are multibillion-dollar schemes that have a significant socio-economic impact in the UAE and beyond. The good news for engineering, procurement, and constructio…
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UAE Press: Special Olympics a celebration of humanity
ABU DHABI, 12th March, 2019 (WAM … are bringing this festival of fun and sporting activities here,” said Gulf News in an editorial on Tuesday. Already, His Highness Sheikh Mohammed bin …
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Dubai Refreshment Co’s 2018 profits drop 54% after VAT, excise tax
In the statement, Dubai Refreshment Company, which is the sole bottler and distributor for PepsiCo in the UAE, said that the company “was forced to pass these taxes to the consumer”. The implementatio…
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UAE announces long-term residence visas
… cabinet on Monday approved the regulatory framework for insurance of five and 10-year UAE residence visas to certain categories of applicants, report Gulf News. The news has been announced on Twit…
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Dubai Chamber’s Chamberthon In Rwanda Pairs Entrepreneurs From The UAE And Africa To Build A Cross-Border Mentorship Program
For instance, entrepreneurs in Dubai could take part in the GBF Mentorship Program to find people who’d be able to advise them on how they could do business in, say, Kigali, and this would work vice-v…
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Irish in the UAE: High costs, loneliness, and the risks of a taxi alone
Irish emigrants in the United Arab Emirates (UAE) have advised women who move there against getting a taxi alone. One Irish woman living there says it is “not as safe as it seems”, and another recount…
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Dubai’s Trade Growth Has Stalled; Value of Imports And Exports At A Standstill For Six Years Running
Dubai’s reputation has been built on trade. The idea of being an international business hub is woven into the fabric of the city and plays a central role in the history of the emirate. It was the dred…
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Dubai Police Force Selects BIO-key’s Biometric Authentication Solution
BIO-key International (NASDAQ:BKYI) announced that Dubai Police Force has selected BIO-key’s biometric authentication solution for internal network log-in and to secure access to critical data.
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Dubai Real Estate Giant Emaar to Launch ETH Token, Considers ICO in Europe
Dubai-based real estate giant Emaar will launch an ERC-20 token developed by Swiss blockchain startup Lykke. A token launch has been announced by Dubai-based real estate giant Emaar, which is also …
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The World Triathlon Series begins in Abu Dhabi and Canada steals the spotlight in Florida
On Friday, March 8th, Mario Mola (ESP) began his World Triathlon Series (WTS) defence at WTS Abu Dhabi. The Spaniard started the 2019 season right where he left off 2018, taking the win over Alex Yee …
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Asian Business Leadership Forum brings India-UAE ties in focus
The ABLF 2019 will bring together the narratives of the two visionaries – the Fathers of the Nations – India and UAE. NEW DELHI: The Asian Business Leadership Forum (ABLF), a global leadership platfor…
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Exclusive: The UAE blockchain party is on and you’re invited
According to the reports published by Icobench, the UAE has been named the #1 country in ranking by amount of funds raised by ICOs. In January and February 2019 alone, about $210 million was raised. A…
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How Dubai plans to develop strongmen of the future
Dubai Sports Council (DSC), in collaboration with the World’s Ultimate Strongman, has launched the WUS Incubator Programme – a training programme to take athletes with potential and turn them into wor…
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Special Olympics World Games Abu Dhabi: All the stars coming
Photo Clint Egbert/Gulf News Image Credit: Abu Dhabi: A host of celebrities and sporting icons will join People of Determination from around the world as they showcase their skills at the Special …
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