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Posted on 17/09/2018

Abu Dhabi Is Planning the Biggest Oil IPO in a Decade

Abu Dhabi is pushing ahead with an initial public offering for Spanish oil company Cia Espanola de Petroleos SAU, in what could be the largest such deal in a decade. The emirate’s Mubadala Investment …
( read original story …)


Posted on 17/09/2018

Dubai Police hunt for men giving cash for free

Dubai: Police are on the search for two men who recently gave away free cash to pedestrians after footage of the incident went viral on social media. “Police have been studying the video and are …
( read original story …)


Posted on 17/09/2018

UAE to allow expats long-term residency after retirement

The UAE Cabinet approved a law to provide special … reported WAM, Emirate’s news agency. “The law, which will be in effect as of 2019, outlines the requirements to qualify for the long …
( read original story …)


Posted on 16/09/2018

Abu Dhabi launches $13.6bn development programme

development plan during a meeting with members of the Abu Dhabi Executive Committee, reported state news agency Wam. Around Dh20 billion would be allocated to the 2019 development package, stated Moha…
( read original story …)


Posted on 16/09/2018

UAE approves law granting residency to retired property investors

DUBAI (Reuters) – The United Arab Emirates government approved on Sunday a law that allows expatriates to stay in the country after retirement if they own a property valued about $545,000 (£ …
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Posted on 16/09/2018

Abu Dhabi crown prince outlines Dhs50bn stimulus plan

Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan has announced more details of a Dhs50bn ($13.61bn) stimulus plan announced in June. The official said on Twitter that the programme, called, T…
( read original story …)


Posted on 16/09/2018

Abu Dhabi wins bid to host 2022 ITU Grand Final in world first

Mohammed Khalfan Al Rumaithi, Chairman of the General Authority for Sports and Deputy Chairman of the Abu Dhabi Sports Council, has hailed the country’s successful bid to host the 2022 ITU Grand Final …
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Posted on 16/09/2018

Abu Dhabi Global Market closing commercial funding gap in MENA

Speaking to the Emirates News Agency, WAM, on the ADGM FinTech Abu Dhabi Bootcamp Day today, Teng ruled out assumptions that FinTech is restricted to financial companies, affirming it is rather for th…
( read original story …)


Posted on 16/09/2018

Abu Dhabi crown prince reveals ‘Tomorrow 2021’ plan to push economic reform

Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed revealed the Ghadan 21 (Tomorrow 2021) plan on Sunday, which will drive the emirate’s economic reform projects and create a vision for its …
( read original story …)


Posted on 16/09/2018

ADNEC explores bringing key US international events to Abu Dhabi

A delegation from the Abu Dhabi National Exhibitions Company, ADNEC, is on a visit to the US to discuss partnership possibilities with leading international event organisers, in line with its strategy …
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Posted on 16/09/2018

Video: The surprising truth about UAE rental prices

More than one-in-five UAE residents are paying more in rent for the same property in the second quarter of 2018 compared to the year-earlier period, according to a survey by yallacompare, the Middle E…
( read original story …)


Posted on 16/09/2018

UAE citizens, residents can now apply for international driving licence through an app

UAE citizens and residents will now be able to apply for an international driving licence online or through a mobile app, the country’s Ministry of Interior has announced. The service has been …
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Posted on 16/09/2018

UAE set to roll out new digital tax system for tobacco products

The Federal Tax Authority (FTA) is set to launch a tax control system in UAE for tobacco products to efficiently collect taxes and combat tax evasion. In a statement issued on Saturday, the FTA has as…
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Posted on 15/09/2018

Abu Dhabi launches first phase of dual licence initiative

In a landmark decision announced by the Abu Dhabi Department of Economic Development (DED) on Saturday, companies based in the capital’s free zones will be able to operate in the mainland under a dual …
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Posted on 15/09/2018

Volunteers comb Dubai beach for litter on World Clean Up Day

Dubai: More than 100 volunteers, including schoolchildren, conservationists and office workers, cleaned up Umm Al Suqeim open beach in Dubai on Saturday, collecting litter for recycling on World …
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Posted on 15/09/2018

435 bicycles, motorbikes seized by Sharjah Police in one day

Sharjah: The Sharjah Police has confiscated 435 bicycles and motorbikes as part of a campaign to enforce traffic rules, an official said on Saturday. The campaign was launched in cooperation with …
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Posted on 15/09/2018

Dubai’s DIFC launches wills service for business owners

DIFC’s new Business Owners Will gives owners and shareholders the option to determine who will own and run their business holdings should they pass away. DIFC Wills Service Centre has launched the Bus…
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