LONDON: A Six Flags theme park project set to be built in Dubai has been put on hold, according to the proposed developer. DXB Entertainments, which is listed on the Dubai Financial Market, said on We…
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How the Fed’s dovish interest rate stance affects UAE savers, borrowers and investors
“This may serve to restrain borrowing in the UAE, which would also be a further headwind to discretionary consumption and to overall growth,” he adds. Mr Instone advises residents to exercise better f…
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Kuwait Finance House boosts fourth quarter profit 26%
DUBAI- Kuwait Finance House (KFH), the country’s biggest Islamic lender, posted a 26 percent rise in fourth-quarter net profit, despite a fall in operating revenue and net operating profit, according …
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UAE jobseekers demand higher pay to offset VAT: survey
Dubai: Jobseekers in the UAE are demanding higher … most in-demand roles since the implementation of VAT were tax and finance executives and IT specialists, as companies geared up for VAT …
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Cost of living to fall in UAE on falling rents, lower oil
The significant decline in inflation in 2019 is also due to base affect,” said Garbis Iradian, chief economist, Mena, International Institute of Finance. The Central Bank of the UAE had projected …
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CCAvenue.ae Wins Prestigious FinTech Accolade at the International Finance Awards
DUBAI, United Arab Emirates … the ‘Fastest Growing Online Payment Service Provider’ in the Technology Awards category at the International Finance Awardsheld in Dubai on 17th January 2019. The award …
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UAE a top hub for fintech startups
The UAE continues to strengthen its position as a hub for fintech startups as the country is home to highest number of startups and investments into this nascent sector, thanks to government support a…
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Revealed: How much UAE gold jewellery prices have risen since the new year
“Gold prices are higher after seeing buying support from a more dovish US Federal Reserve,” said Century Financial in its weekly market report. Buying activity within the UAE’s gold retail …
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Exclusive: Abu Dhabi expected to extend bailout loan to Dubai, sources say
that it extended to Dubai during its financial crisis a decade ago, three sources familiar with the matter said. Dubai got the aid from the oil-rich capital of the United Arab Emirates in 2009 …
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Strong Hiring Confidence Remains in the UAE, but VAT Introduction Results in Greater Salary Demands: LinkedIn Survey
How AI will affect Jobs Survey respondents expect that AI will have a significant impact on the future of work in the UAE. The survey revealed that 68 percent of recruiters and HR professionals believ…
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UAE Food Bank launches third site in Dubai
The UAE Food Bank has launched its third operational site in Al Muhaisnah-2 in Dubai, it announced on Tuesday. Operating under the umbrella of the Mohammed Bin Rashid Al Maktoum Global Initiatives …
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HYCM to Host More Interactive Trading Seminars in Dubai After Previous Success
(Logo: https://mma.prnewswire.com/media/789372/HYCM_Logo.jpg ) Both days will be hosted by Giles Coghlan, a currency analyst and hedge fund trader with over 10 years … food and valet parking at the …
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UAE a top hub for fintech start-ups
The UAE continues to strengthen its position as a hub for fintech startups as the country is home to highest number of startups and investments into this nascent sector, thanks to government support a…
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UAE Food Bank opens third branch in Dubai’s Muhaisnah 2
Clint Egbert/Gulf News Dawoud Al Hajri at the new location of the UAE Food Bank at Muhaisinah on 5th February, 2019. Photo Image Credit: Dubai: After serving about 4,500 tonnes of food to the …
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Corporate sponsorship is not an enemy of the arts
A literary award and a hedge fund are not, perhaps, the most obvious bedfellows … Emirates Airline has a long association with the annual literature festival in Dubai. Economic pragmatism isn’t the …
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HDFC Bank Limited (HDB) Shares Bought by Bank Pictet & Cie Asia Ltd.
A number of other hedge funds also recently bought and sold shares of HDB … financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury …
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TIAA CREF Investment Management LLC Trims Holdings in HNI Corp (HNI)
71.41% of the stock is owned by hedge funds and other institutional investors … Hong Kong, India, Mexico, Dubai, and Taiwan. The company’s Office Furniture segment offers a range of metal and wood c…
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