For the first time, the UAE Cabinet has approved a number of new entry permits and visas that do not need a host or sponsor UAE opens borders with new job exploration visa, five-year tourist visa, and …
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IMF revises upwards UAE growth
The International Monetary Fund (IMF) on Monday revised upward the economic growth outlook for the UAE in 2022 and warned that damage from Russia’s invasion of Ukraine will set back global recovery …
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How India’s inflationary pressures will affect NRI savings, investments
India’s economy is combating a price spiral, and markets too turn volatile Dubai: Inflationary rises in the Indian economy is starting hurt consumers and investors – with NRIs facing uncertain …
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Dubai Leads The Way as Middle East Becomes Crypto Hotbed
Dubai is welcoming global crypto exchanges with open arms. Binance plans to bring crypto to the next generation. Restrictions in Asia and the West could drive crypto companies to the Middle East …
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Presence of mind saves woman in Dubai from new type of online banking fraud
Image Credit: Supplied Dubai: A Dubai-based woman was recently saved from falling victim to a new type of online banking fraud, largely because of her presence of mind and acting with caution.
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Mideast Stocks: Abu Dhabi, Qatar edge lower; sentiment muted in Dubai
Dubai’s main share index was flat, after rising 1.7% in the previous week following Dubai Electricity and Water Authority’s (DEWA) stellar debut. DEWA shares were up 0.7%. Gains in the real estate …
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Indian rupee slumps against UAE dirham at opening of the market
The rupee hit 20.82 against Emirati dirham on Monday morning Agencies file by A Staff Reporter Published: Mon 18 Apr 2022, 9:59 AM The In …
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Remit or hold? Indian rupee is expected to drop further against the UAE dirham this week
Dubai: The Indian rupee recorded remittance-beneficial rates against the US dollar and the UAE dirham these past days, and forex analysts are flagging further currency weakness this week, giving hope …
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IMF slashes UAE, global growth forecast
The IMF also projected a 2.5 per cent growth rate over the next five years till 2024. Meanwhile, the UAE Central Bank, last month, revised the country’s forecast upward by 0.4 per cent to 2.4 per cent …
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UAE lender First Abu Dhabi Bank pulls bid for Egypt’s EFG-Hermes
First Abu Dhabi Bank withdrew its offer to buy a majority stake in Egypt’s biggest investment bank EFG-Hermes, citing global market volatility amid Russia’s invasion of Ukraine. FAB had offered to buy …
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Emirates Islamic Bank launches new business account to support UAE’s SMEs
Small and medium enterprises represent 94 percent of companies operating in the country, contributing over 50 percent to national GDP Emirates Islamic Bank launches new business account to support UAE …
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Millennium Hotels and Resorts partners with the UAE Food Bank
Millennium Hotels & Resorts MEA, one of the fastest-growing regional hotel management companies in the Middle East & Africa, has partnered with the UAE Food Bank, a non-profit charitable organisation …
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Shares of Dubai utility Dewa surge in Middle East’s largest IPO since Aramco
The utility’s float is the largest listing ever in the UAE and the largest listing in the Middle East since Saudi state oil giant Aramco went public on the kingdom’s Tadawul exchange in 2019. Dewa in …
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A. R. M Holding donates Dh2 million contribution to Dubai’s 1 Billion Meals initiative
The 1 Billion Meals initiative gives access to food supplies to the underpriviliged Dubai: A.R.M. Holding has donated of Dh2 million to the 1 Billion Meals initiative. Organised by Mohammed bin Rashid …
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Pallapay Explores How the Emirate’s New Crypto Regulations Would Impact How People Buy & Sell Bitcoin and Other Crypto In Dubai
DUBAI, UAE / ACCESSWIRE / April 15, 2022 / His Highness Sheik Mohammed bin Rashid, Dubai’s ruler and Prime Minister of Dubai recently announced the …
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UAE Announces Three Packages for Hiring Domestic Workers
The Ministry of Human Resources and Emiratisation in the UAE has warned employers and national and resident families of the risks of dealing with unlicensed domestic labour recruitment agenciesTraditi …
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FxPro secures lucrative presence with new Dubai office
Cyprus-based and FCA regulated platform FxPro has opened a new office in Dubai as it seeks to focus on providing customizable liquidity solutions to the region’s diverse clientele.
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