Sex outside of marriage is illegal in the UAE – although a blind eye is often turned to western co-habiting couples Getty A couple have been detained in the United Arab Emirates for having sex outside of marriage, according to a relative. The South African …
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Aldar Properties : TAQA, Aldar drag ADX down at Monday’s open
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) opened Monday’s trading session in the red, pressured by the fall of five stocks led by TAQA and Aldar Properties. The general index fell 0.06% or 2.79 points to reach 4,433.64 points by 10:50am …
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Nasdaq Dubai, Bourse de Tunis partner to boost Islamic finance
Nasdaq Dubai and Bourse de Tunis have signed a Memorandum of Understanding (MoU) to explore collaboration possibilities, including initiatives regarding existing and future issuers and listings on the two exchanges, according a media statment, Ways to …
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Dubai firm to build world's first 3D printed skyscraper
Dubai-based construction technologies firm, Cazza, has announced plans to build the world’s first 3D printed skyscraper. The firm will be able to 3D print high rise towers using a new construction technique called ‘crane printing’, according to …
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The Top Five Challenges Of Doing Business In Dubai
You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. When you’ve lived and worked in Dubai for as long as I have, you would be forgiven for becoming almost desensitized to the rapid acceleration of the city.
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Saudi Aramco selects FTI as global media advisor for IPO: sources
KHOBAR, Saudi Arabia/DUBAI Saudi Aramco [IPO-ARMO.SE] has chosen U.S.-based FTI Consulting (FCN.N) as global media adviser for what is expected to be the world’s largest initial public share offer, industry sources said. In recent months the Saudi national …
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Dubai's DHA to use 3D technology to print teeth
Dubai Health Authority’s dental services department will begin using 3D technology to print teeth later this year. Dubai Health Authority’s dental services department will begin using 3D technology to print teeth later this year. Using this technology, a …
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Dubai Real Estate Assets Returns Topped 120% Over a Decade
Nearly 10 years have passed since the World Financial Crisis, which commenced with a collapse in the sub-prime mortgage market in the USA. It later developed into a full blown international banking crisis causing equities, commodities and real estate …
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UAE bank sector assets at Dh2.6 trillion, tops in GCC
The UAE’s banking sector topped the GCC region in terms of asset volume, with a total value of about $711 billion (Dh2.61 trillion) in 2016, according to statistics from the Central Bank of the UAE. The Saudi Arabia banking sector came second, with a total …
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National Bank of Fujairah signs Dubai Declaration on Sustainable Financing
National Bank of Fujairah announced today that it has recently signed the Dubai Declaration on Sustainable Financing at the United Nations Environment Programme (UNEP) Finance Initiative’s 14th Global Roundtable, a leading platform attracting over 400 …
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Simple ways to leave Dubai with a fat bank account
Don’t be that person who leaves Dubai bankrupt. Plan sensibly and save for the rainy day. How often have you heard about a friend who was in debt when he left Dubai? Expats come to Dubai to make money and add on to their savings, but sometimes get sucked …
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Bank ABC opens a branch in DIFC, Dubai
Bank ABC’s decision to open a branch in the DIFC comes as part of its plan to expand its international network, which already spans 18 countries in five continents. “We are pleased that the Dubai Financial Services Authority (DFSA) has granted Bank ABC …
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Expo 2020 Dubai teams up with DEWA to develop sustainability
DEWA will provide Expo 2020 Dubai with electricity and water from October 2020 to April 2021, excluding the electricity that will be generated at Expo’s site; Expo 2020 Dubai aims to have 50 per cent of its power needs supplied from a variety of …
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Dubai Stocks: First Gulf Bank (FGB:AD) Consolidating
Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 13.13. The projected lower bound is: 11.86.
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Transparent SME-bank relationship key to healthy entrepreneurship environment
Opening the discussion, Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation (UBF), said transparent SME-bank relationship is key to nurturing healthy entrepreneurship environment in the UAE. “It is clear that there is a need for the financial sector to …
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Banque Internationale à Luxembourg strengthens its operations in Dubai
is accelerating its growth in the Middle East by recruiting a number of experienced professionals for its Dubai branch. The bank will further develop its business and improve the servicing of clients in the Gulf Cooperation Council (GCC) region.
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Abu Dhabi Financial Group to maintain growth strategy
The Abu Dhabi Financial Group (ADFG), an alternative investment company with US$5 billion in assets, will maintain its growth strategy this year after a busy 2016 that included investments in banking and property. The company doubled its revenue last year …
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