His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah today inaugurated five tunnels along the Sharjah-Khor Fakkan road and Al Rafisah Dam rest stop or recreational centre. The road, which includes the 2.7km Al …
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Dubai developer unveils Handover Gallery to ease move-in process
Dubai Properties has announced the on-time completion of Mudon’s Arabella townhouses, located in Dubailand. The developer said it is welcoming new residents with a customer-centric initiative – the Handover Gallery that offers a comprehensive range of …
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Abu Dhabi sees world’s biggest property price decline in 2017
Abu Dhabi’s real estate market saw the largest annual price declines in the world during the fourth quarter of 2017, according to consultants Knight Frank. House prices in the UAE capital fell by 9.1 percent in the year, placing it at the bottom of the …
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Dubai set to launch world’s first digital bank for art
The Dubai Culture and Arts Authority (Dubai Culture) has launched its blockchain-powered digital bank for art, which is the first platform of its kind in the world. ArtBank uses cryptocurrency to facilitate trading in artworks, and establishing Dubai as a …
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High-end Abu Dhabi developers sense property market rebound – Cluttons
Arabian Business reported that developers of high-end homes in Abu Dhabi appear to be sensing a bottoming of the market and are pressing ahead with new schemes, according to real estate consultancy Cluttons. Its Abu Dhabi Property Market Outlook report for …
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Emaar signs for trio of properties at Aljada, Sharjah
In a significant deal that will boost the hospitality landscape of Sharjah, Arada, a joint venture between KBW Investments and Basma Group, has signed a management agreement with Emaar Hospitality Group. The deal with the hospitality subsidiary of Emaar …
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Newt Gingrich: Dispatch from Dubai — Camel racing with robot jockeys
As you can imagine, we returned from Dubai with a lot of new thoughts. Robot jockeys racing camels! Who knows what will surprise us next? Newt Gingrich is a Fox News contributor. A Republican, he was speaker of the United States House of Representatives …
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Qatari campaign against Abu Dhabi
Abu Dhabi was not convinced about this … He is the former general manager of Al Arabiya news channel, and former editor-in-chief of Asharq Al-Awsat.
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UAE banks could raise fees to offset VAT costs – report
Emilio Pera, partner and head of Financial Services, KPMG Lower Gulf, said: “Banks in the UAE are operating in very dynamic times. The introduction of new laws and tougher regulations is putting tremendous pressure on banks to re-think their business models.
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Money & Me: ‘The UAE offers many opportunities to make money, especially in real estate’
Safdar Badami had a very successful career in the United States when he “got the call” from his father in 2010 asking him to return to the UAE to join the family business. Mr Badami then joined Al Muqarram Industries – which manufactures construction …
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Opinion: UAE equal pay law is a good start but there’s more to do
It’s up to all of us, every day, to challenge this outdated idea. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Divorce battle strands Russian billionaire’s $540 million yacht in Dubai
Agents acting on behalf of the British courts petitioned the DIFC Courts to take control of the yacht, Dubai newspaper Gulf News reported, as parties working for Akhmedova had been searching for her husband’s assets globally so she could get payments as …
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Top UAE Companies Share Best Practices in Workplace, Environment and Community
Dr. Belaid Rettab, Senior Director, Economic Research & Sustainable Business Development Sector, Dubai Chamber, noted that the strong participation in the sessions reflected a growing awareness about important sustainability and CSR matters impacting …
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Dubai develops renewable-powered digital utility
The Dubai Electricity and Water Authority (DEWA) has put forward a project to create a digital, artificial intelligence-powered utility. The ‘Digital DEWA’ project is set to transform the traditional business model of a public utility, according to the …
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Somalia disbands UAE program to pay and train hundreds of soldiers
The government will take over paying and training the soldiers in the program, Defence Minister Mohamed Mursal Abdirahman told Somalia’s state news agency SONNA on Wednesday. The UAE has trained hundreds of troops since 2014 as part of an effort boosted by …
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Somalia disbands UAE programme to pay and train soldiers
Defence Minister Mohamed Mursal Abdirahman told Somalia’s state news agency Sonna. “Somalia will fully take over [its troops] trained by the UAE… Those forces will be added to the various battalions of the Somalia National Army,” Abdirahman said …
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Dubai ruler Mohammed bin Rashid calls for intellectual efforts to improve society
Dubai: The 16th annual FIKR conference was launched in Dubai … “We are getting closer to a situation where old runes are diminishing, and no news ones are put in their place,” he added. “The preparation of Arab youth so they can deal with the …
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