“Solar Thermal Power in United Arab Emirates, Market Outlook to 2030,Update 2017 – Capacity, Generation, Power Plants, Regulations and Company Profiles”, is the latest report from the industry analysis specialists that offer comprehensive information and …
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Tesla enters region’s solar sector in another first
Tesla has entered into the region’s solar market for the first time in Dubai, opening up a new avenue for the car maker. After launching its showroom in Dubai earlier this year, the company headed by Elon Musk has widely been known for its electric …
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Remittances by foreign workers in UAE reaches Dh78 billion
The UAE Central Bank announced that the same figure reached Dh40.8 billion during the second quarter of 2017, an approximate increase of 10 per cent, compared to Dh37.1 billion in the first quarter of the same year. According to the bank’s data …
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Abu Dhabi strides ahead; numbers up
Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi … in the Middle East and North Africa as well as in other parts of the world. Travel related news, analysis, and new appointments together with information on up-coming exhibitions, marketing and …
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Square Yards launches dedicated portal for property ‘squareyards.ae’ in UAE
New Delhi: Leading tech-backed transaction and aggregation platform for global real estate Square Yards has announced launch of dedicated portal for property in UAE, squareyards.ae. The new portal will focus on resale and rental markets in Dubai in …
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UAE’s Arzan Wealth exits prime German property
Arzan Wealth, a Dubai-based advisory firm with focus on real estate and private equity investments, said it had successfully exited a prime Volkswagen AG property in Germany after netting 8.25 per cent annual returns and actual IRR of 11 per cent for its …
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Pardoned prisoners speak, thank Sharjah Ruler
The pardoned prisoners expressed their happiness and gratitude after receiving the news. “We thank His Highness the Ruler of Sharjah for this kind gesture.” Mohammad Mustafa Shaukat, 68, a taxi driver, has spent 15 years in jail because he did not …
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Fujitsu backs Lebanese bank in digital growth
Japan-based Fujitsu, a leading ICT company, has announced a new contract with BBAC, a top bank in Lebanon, to drive its enhanced digital transformation at the 10thFujitsu World Tour 2017 being held in Dubai, UAE. Fujitsu will support BBAC in a full data …
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MIDEAST STOCKS-Banking shares support Saudi in early trade
DUBAI, Sept 28 (Reuters) – Banking shares helped take the Saudi index slightly higher in early trade on Thursday after news that the government has priced a $12.5 billion international bond issue, while the rest of the region was mixed. The sovereign bond …
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Abu Dhabi Hotel Real Estate News
Abu Dhabi witnessed a dramatic double-digit increase in the number of hotel guests in August, compared with the same period in 2016, helping to push up the total number of guests staying in the emirate to more than 3.1 million in the first eight months of …
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UAE University students making paper from sand
Abu Dhabi: A team of United Arab Emirates University (UAEU) students are working on an environment-friendly project to make paper from sand. The process is designed to tackle water shortages and reduce the country’s carbon footprint, said a UAEU press …
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Dubai Airport turns to real-time data in drive to be world’s “biggest and best” airport
After conducting some market research Dubai Airport identified that wi-fi was the number one concern of customers when it came to their overall satisfaction. “We wanted to have the best free airport wi-fi,” Ibbitson said. That would translate to free …
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Russia may help set up first UAE cosmonaut team
The UAE space agency and Russian counterpart Roscosmos have signed … Krikalev said the two space agencies would collaborate in the testing and development of space equipment and technology aboard the International Space Station (ISS) launched into …
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MEVP and Alabbar launch $250m technology investment fund
which has seen a significant rise in demand for technology products and services over the past few years, in line with other parts of the world. “Digitisation is the way to go,” said Mr Alabbar, who is also the chairman of the UAE’s top listed real …
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Abu Dhabi’s Etihad appoints ex-British defence official as group CEO
DUBAI (Reuters) – Abu Dhabi’s Etihad Aviation Group appointed Tony Douglas, previously a senior official at Britain’s Ministry of Defence, as chief executive, the airline conglomerate said on Thursday. Douglas replaces veteran Australian CEO James Hogan …
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Abu Dhabi sees 13% jump in hotel guests during August
with the Chinese now becoming Abu Dhabi’s largest overseas source market, heading India and the UK. 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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UK defense procurement chief to resign for job in Abu Dhabi
LONDON — Britain’s top defense procurement official has resigned after little more than two years in the post, and is heading to Abu Dhabi, United Arab Emirates, to run the Etihad Aviation Group. Tony Douglas, the chief executive at the Defence …
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