BEIJING & DUBAI, United Arab Emirates–(BUSINESS WIRE)–QFPay, the leading global mobile payment technology and big data solution company from China, today announced a joint venture with United Brands (UBPAY), a Dubai-based Payment Service Provider (PSP …
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Dubai Frame opening date undecided, says municipality
The official opening date of the Dubai Frame has not been decided, according to Mohamed Mubarak Al Mutaiwei, Assistant Director General for Dubai Municipality’s Communication and Community sector. Responding to local newspaper reports that claimed the …
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UAE’s MMEs focus on sustainable business practices
Dubai: Nearly half (44 per cent) of mid-market enterprises (MMEs) in the UAE, see a direct connection between sustainable business practices and commercial success, according to data from HSBC Commercial Banking. Many MMEs report that their customers are a …
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UAE latest gold rates: Bullion forecast to move higher this week
Dubai: The bullion edged down slightly on the first trading day of the week, although the majority of analysts are betting on gold to move higher over the next few days. As of 10.26am, spot gold was trading as low as $1,252.50 an ounce, down by .02 per …
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UAE crisis authority says hundreds evacuated after heavy rains
The UAE’s National Emergency Crisis and Disaster Management Authority (NCEMA) said late Sunday there had been no casualties reported after heavy rains forced hundreds of people to be moved into temporary accommodation. The authority said a surface …
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Optimism among Dubai firms over Q4 prospects grows
The quarterly survey of Dubai Economy showed the composite Business Confidence Index (BCI) in the third quarter increasing by 10.8 points, reaching 121.4 points. Large companies are more optimistic than the small and medium enterprises with respect to the …
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Dubai Exports Brings Businesses in UAE and Vietnam Closer to Explore New Trade Links and the Gateway Advantage
Dubai Exports, the export promotion agency of Dubai Economy, recently went on a trade mission to Vietnam as part of enabling exporters and manufacturers in the UAE to engage with high-growth markets and attracting further international attention to Dubai …
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UAE residents to pay VAT on electricity, water bills
Residents in the UAE will soon have to watch how much energy they consume as their electricity and water bills will be subject to the value added tax (VAT) being introduced from next year. Starting from January 1, 2018, water and electricity bills in the …
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Foundations laid for UAE’s Expo 2020 pavilion
The foundations of the futuristic falcon-inspired UAE pavilion at Expo 2020 Dubai were laid down on Sunday by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee and Dubai Civil Aviation Authority and CEO of …
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UAE’s Dana Gas says appeal against BlackRock joining sukuk trial rejected
Dana is refusing to redeem its Islamic bonds on the grounds that they are no longer sharia-compliant and have therefore become unlawful in the United Arab Emirates. Courts in both Britain and the UAE are hearing the case. Read: Dana Gas says UAE court …
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Exclusive: Siemens locates new global airport and cargo business unit in Dubai
Siemens, Europe’s largest industrial conglomerate, has created a previously undisclosed new GLOBAL division catering to airports, cargo and logistics in Dubai in conjunction with a digital platform – or industrial internet of things near the Dubai …
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The UAE breaks ground on iconic pavilion at Expo 2020
Dubai: The UAE has broken ground on its pavilion at Expo 2020 Dubai, with Shaikh Ahmad Bin Saeed Al Maktoum, chairman of the Expo 2020 Dubai Higher Committee, laying the foundation at a ceremony on Sunday. The event also included the signing of the …
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Taking off: The 2017 Dubai Airshow
Dubai to Sydney and Dubai to Hong Kong with flight duration around 2.6 times shorter than conventional aircraft. Tickets will cost about the same price as conventional business class at $4,000-$5,000, he said, and the CEO claimed new turbofan technology …
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Keralite youth on visit visa found dead in Sharjah
Sharjah: A Kerala youth, who was in Sharjah on a visit visa, has been found dead near his residence. The youth has been identified as Unnikrishnan, 33, son of Kaladi Ambattuveettil AK Sugathan from Ernakulam. Unnikrishnan came to Sharjah along with his …
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Abu Dhabi hospital conducts UAE’s first full heart transplant
said in comments published by state news agency WAM: “What we have accomplished today is a historic accomplishment that adds to the long list of UAE achievements. It is a clear indication of the qualitative shift in Abu Dhabi’s healthcare under our wise …
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For Afridi, returning to Sharjah is like ‘homecoming’
Speaking at length to Gulf News on his batting style and career, Afridi said: “It’s always been great to play cricket in Sharjah. I have been able to play some good knocks here and the people here have always supported me. This time, I am inviting …
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That $450-million Da Vinci? You can see it at Louvre Abu Dhabi
The painting depicts “Christ as Savior of the World, facing the viewer, and dressed in flowing robes of lapis and crimson,” the Abu Dhabi Department of Culture and Tourism said in a recent news release. He holds a “crystal orb” in one hand and …
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