When you think of the UAE, you think sand dunes, history, nature, and modern technology. The UAE is truly a melting pot of cultures and this inspired luxury Swiss watchmaker Jaquet Droz to come up wit…
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Is it time to allow foreign lenders into the UAE mortgage market?
The UAE is ripe for property investment, with thriving industries and large expat communities. But high deposit rates and restrictions on lending are holding it back. Opening the door to foreign …
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Rents are falling… Who wants to move to a new home in UAE?
Falling rents in the UAE are a good reason to move into a brand-new apartment or villa in a desirable location. However, independent studies and reactions from real estate companies, property builders …
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Exclusive interview: UAE business leader Raja Al Gurg
Raja Easa Al Gurg is one of those Dubai business figures that needs no introduction. Having started her career as a schoolteacher, she now leads family business Easa Saleh Al Gurg Group as …
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UAE economy to lead GCC in 2019
In addition, a slowdown in the global economy is likely to weigh on activity in the UAE’s key manufacturing, tourism and logistics sectors. Associate Business Editor of Khaleej Times, is a well-connec…
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Abu Dhabi establishes investment office to increase FDI under $13.6bn plan
Abu Dhabi Investment Office is part of Abu Dhabi government’s … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straig…
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Abu Dhabi acquires stake in New York’s Park Lane Hotel
A representative for the buyer, Abu Dhabi’s Mubadala Investment Co … according to a document seen by Bloomberg News that shows the group is seeking a $600 million floating-rate loan. Mubadala and Wi…
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Dubai Chamber explores bilateral business opportunities during visits to Shanghai and Shenzhen
Dubai, UAE: A high-level delegation from Dubai Chamber of Commerce and Industry recently visited Shanghai and Shenzhen and where they met with public and private sector stakeholders and discussed pros…
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Dubai reveals 2019 target countries for real estate investments
Dubai Land Department (DLD) has launched its real estate promotion plan for 2019 which will see the emirate’s property investment potential showcased in 10 countries. Majida Ali Rashid, CEO of the Rea…
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British man in Qatar football shirt claim charged in UAE
A British man, who claimed to have been harassed and detained in the United Arab Emirates for wearing a Qatar football shirt during the AFC Asian Cup, has been charged for making false statements, Emi…
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The Latest: Pope warns against ‘fake news’ during Gulf visit
ABU DHABI, United Arab Emirates (AP) — The Latest on Pope Francis’s visit to the United Arab Emirates (all times local): 7:35 p.m. Pope Francis has called out the dangers of so-called “fake news” amid …
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Dubai property glut on show in worst week for stocks since 2016
Dubai stocks are giving investors an update on the woes confronting the local real-estate industry. The DFM Real Estate & Construction Index has fallen about 7% in the past five days, the biggest week…
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UAE minister: Iran’s presence in Syria must be reduced
In a recent interview on Al-Hurra TV, UAE Minister of State for Foreign Affairs Anwar Mohammed Gargash said that despite Iran’s claims that its missiles are for purposes of deterrence, they are being …
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Catholics flock to pope’s historic mass in UAE
Dubai expat Rosalie Ayuso from the Philippines … Smiling and excited, he told Arab News: “Luckily I was posted at gate 31, where the pope was coming in. I lost a lot of zzz’s, but it’s all worth it …
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Pictures: Sharjah Light Festival underscores emirates’ cultural heritage
… is illuminated during a laser show being held as part of the Sharjah Light Festival. Image Credit: Ahmed Ramzan/Gulf News The ninth edition of the Sharjah Light Festival, themed ‘Culture …
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Struggling Dubai amusement park abandons Six Flags expansion
DUBAI, United Arab Emirates – A massive amusement park in Dubai says it is abandoning plans to build a $454-million Six Flags. DXB Entertainments, which runs Dubai Parks & Resorts, said in a statement …
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Ups and downs of real estate essential for market maturity
Dubai’s real estate market has always been one of the cornerstones of this country’s success. Whether you’re talking about architectural feats such as the Burj Khalifa or the probability that you boug…
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