Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has successfully concluded the ninth edition of Dubai International Arabic Calligraphy Exhibition, which is held under the patronage of His …
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Mega sale in Dubai, get up to 90% discount
… is pulling out all the stops for the new retail event with the support of Dubai’s retailers to ensure that shoppers enjoy a rewarding experience across diverse business segments from apparel to electronics, jewellery to fashion accessories, homeware …
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Emaar, DPG to install Dubai Lamp in upcoming projects
Dubai Municipality has signed agreements with two major real estate developers Emaar and Dubai Properties Group (DPG) to boost co-operation in the field of energy conservation, said a report. As per the MoUs, the duo will install the energy-efficient LED …
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Dirhams & Dollars – Episode 9: French election mayhem & Opec’s price battle
Dubai: In this episode, the Business team discusses some of the biggest headlines in the week ahead, starting with the French presidential elections. Business reporters, Ed Clowes and Sarah Diaa, talk about what the outcome of the elections will mean for …
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Rixos Premium Dubai opening next week
The Rixos Premium Dubai – Rixos’ second property in the city and third in the UAE – will open its doors on Jumeirah Beach Residence on May 15. The 443-room resort features a Nature Land Spa and Turkish Hammam (male and female), adults/kids pool …
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Dubai gold drop continues, 24k priced at Dh149.25
Dubai gold was priced at Dh149.25 for 24k, a slight drop from last week. 22k gold is priced at Dh140 in the city. Spot gold rose 0.3 percent to $1,230.88 per ounce as of 0401 GMT, after touching 1,224.86 earlier in the session, its lowest since March 17.
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Dubai Investments records net profit of AED 289 million in Q1 2017
Dubai Investments PJSC [DFM: DIC], the leading, diversified investments conglomerate listed on the Dubai Financial Market, has announced net profit of AED 289 million in the first quarter of 2017, compared to AED 298 million for the same period last year …
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Woman stole Dh25,000 watch forgotten in business class
Dubai: A woman, who works with a catering company at the airport, has been accused of stealing a wristwatch worth Dh25,000 that a passenger had forgotten in the business class. The Emirati passenger was said to have forgotten his wristwatch near his seat …
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UAE markets split performance
We had split markets in the UAE last week as Dubai was flat and Abu Dhabi had its best week in a month. Meanwhile, oil fell hard, down for the third week in a row and reaching a six-month low. On a technical basis prospects for a recovery for oil to above …
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In oil-rich UAE, fuel retailer is turning to electric car chargers
“This liberation in fuel prices signalled a major shift in Enoc’s strategy. We decided to focus on our core business, which is retail,” he said. The Dubai-government owned company introduced a five-year plan to build 54 service stations by …
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UAE PMI signals strong growth in April
The latest survey data showed that business conditions across non-oil private sector firms in UAE continued to improve at the start of the second quarter. Employment rose in April but the rate of growth remains weak, with just 5.2 per cent of firms …
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New IBBC Representative in UAE
Vikas Handa is joining the Iraq Britain Business Council (IBBC) as the UAE Representative to run the IBBC office in Dubai and will be responsible for the overall outreach in the Middle East & North Africa (MENA) region. Many IBBC members will know Vikas …
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Super sale: Up to 90% off for Dubai shoppers
Dubai: Missed the last massive clearance sale? Don’t worry, there’s another mega shopping frenzy in store that will offer opportunities for Dubai shoppers to make some huge savings on purchases. Shopping centres around Dubai will be hosting a three-day …
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UAE GDP growth bottoming out with turnaround expected next year
Dubai: The UAE’s economic growth which faced strong headwinds following prolonged low oil prices and slump in international trade are seen bottoming out this year for a turnaround from 2018, according to recent economic forecasts. According to Bank of …
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Siddaramaiah invites NRI tycoons in UAE to invest in Karnataka
Praveen Kumar Shetty in association with industrialist Ronald Colaco hosted the first ever historical KNRI-UAE Business Meet with Chief Minister of Karnataka Siddaramaiah at Fortune Park Hotel, Dubai Investment Park on Saturday the 29th April, 2017 evening …
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UAE launches new Soft Power Council
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has launched a new council designed to boost the country’s standing globally. The UAE Soft Power Council will introduce a new national …
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UAE increases fuel prices for May
The UAE will be increasing fuel prices in May, the energy ministry announced on Sunday. Petrol prices have been hiked by an average of 3.2 per cent from April while diesel prices are up by 1 per cent. In May, the prices per litre of fuel will stand at …
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