Al Furjan is one of Dubai’s fastest growing residential neighbourhoods, with easy access to Ibn Battuta Mall, Jebel Ali Free Zone, the Expo 2020 site, schools, shopping malls and a community centre, he added. Subscribe to Arabian Business’ newsletter to …
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Abu Dhabi property prices fall most in world – study
Abu Dhabi’s real estate market saw the biggest decline in property … 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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Tommy Fleetwood shares first-round lead in Abu Dhabi after opening 66
Tommy Fleetwood made the ideal start to the defence of his Abu Dhabi HSBC Championship title as Rory McIlroy made an encouraging return to action. Fleetwood fired a faultless six-under 66 and ended the opening day in a share of the lead with Japanese …
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Man tries to dodge Abu Dhabi Police, arrested
Dubai: Police in Abu Dhabi arrested a man who not only caused an accident and fled the scene, but who also changed his car’s license plate to avoid authorities. Driving away from the scene of a collision is illegal, and according to the UAE’s amended …
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Dubai’s Star Business Centre to accept Bitcoin
The Star Business Centre, offering state-of-the-art fully furnished offices for new investors, business people and those international companies seeking suitable ready-made fully furnished plug-and-play workplaces, has announced that it is now ready to …
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Dubai Chamber membership hits 217,000
The uptick highlighted growing demand for the service which is designed to facilitate international trade and improve ease of doing business in Dubai. HE Hamad Buamim, President and CEO of Dubai Chamber, explained that the Chamber’s international expansion …
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Dubai ruler launches first unfenced desert conservation reserve
Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, has launched the Marmoom Reserve project, the first unfenced desert conservation reserve in the country. The reserve spans 10 percent of the emirate of Dubai …
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Dubai Islamic Bank Announces Full Year 2017 Financial Results
Dubai Islamic Bank (DFM: DIB), the first Islamic bank in the … Full Year 2017 Results Highlights Profitability remains on a robust northbound trajectory driven by core business growth and effective cost management Financing continues to drive balance …
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Dubai office supply forecast to top 9m sq m by end-2018
Therefore, the majority of upcoming offices are concentrated in established commercial areas such as Tecom, the DIFC, and Business Bay. Future office supply in Dubai is expected reach 9.13 million sq m and 9.28 million sq m at the end of 2018 and 2019 …
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Dubai’s Jumeirah appoints Four Seasons VP as new CEO
Dubai hotel company Jumeirah has announced the appointment of former Four Seasons vice president Jose Silva at its new chief executive officer. He previously served as regional vice president for France, Switzerland, Spain and Portugal at Four Seasons and …
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Dubai Financial Market launches allocation service
Dubai Financial Market (DFM … funds and further promote their participation especially that it complies with their way of doing business.” The exchange said it had set comprehensive regulation governing the new mechanism including timeframes of …
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Dubai Islamic Bank net profit up 11% on core business growth
Dubai Islamic Bank, the largest Islamic bank in the UAE, on Wednesday recorded 11 per cent growth in net profit in 2017, driven by core business growth and effective cost management. DIB said its net profit crossed Dh4.5 billion while total income exceeded …
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An opportunity not to be mist! Stunning footage shows Dubai’s skyscrapers poking out from above a blanket of fog
Rustam Azmi, an Indian business owner who has lived in Dubai for 28 years, took the pictures from the 88th floor of a tower in the marina and from the Index and Executive towers in the downtown area. The 31-year-old said: ‘I have seen the golden age of …
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VAT In The UAE: How Is Your Business Affected?
As we have entered January, the first month of the new VAT regulations in the UAE, business owners across the Emirates are bracing themselves for a big change. Historically, the UAE has operated one of the simplest taxation systems in the world. But in …
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UAE set to be removed from EU blacklist of tax havens
The European Union will probably remove the UAE and South Korea from a blacklist of tax havens later this month. Following “new commitment letters signed at high political level,” the EU’s Code of Conduct working group on business taxation …
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UAE will complain to UN over Qatar war planes
The United Arab Emirates will lodge a complaint against Qatar at the United Nations’ aviation agency on Tuesday after Qatari war planes allegedly intercepted UAE civilian aircraft, a UAE official said. The UAE said on Monday that Qatari air force jets …
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Gemini Property Developers Appoints National Piling for 29-Storeyed Symphony – Business Bay
Gemini Property Developers, a Dubai-based boutique real estate developer, has announced the appointment of National Piling as piling and shoring contractor for the upcoming 29-storeyed Symphony – Business Bay, being developed at Business Bay area – the …
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