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Posted on 19/03/2018

United Arab Emirates shares lower at close of trade; DFM General down 0.14%

Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Telecoms, Banking and Services sectors propelled shares lower. At the close in Dubai, the DFM General lost 0.14%, while the ADX General index fell 0.21%.
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Posted on 19/03/2018

“Chrome Rabbit” by Bikismo in Dubai, UAE

Our friend Bikismo recently spent some time in the United Arab Emirate where he was invited to paint for the Dubai Canvas 2018 event. The Puerto Rican muralist spent a few days working under the intense heat to create some of his signature imagery for the …
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Posted on 19/03/2018

Children have a blast at Dubai Garden Glow

Tickets to Dubai Garden Glow cost Dh60 per head. Children under three go free. Entry fee to the Ice Park is Dh40. For more details, visit http://www.dubaigardenglow.com/ This content comes from Reach by Gulf News, which is the branded content team of GN Media.
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Posted on 18/03/2018

Dubai Investment : Investments divests 50% stake in Drive

Dubai: Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has announced that its private equity subsidiary Masharie LLC has divested its 50% stake in Drive Dubai [Dubai International Driving …
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Posted on 18/03/2018

$1m Global Teacher Prize winner in Dubai

Dubai: Andria Zafirakou of Alperon Community School in the UK was declared the winner of the $1 million Global Teacher Prize for 2018 at the sixth annual Global Education and Skills Forum (GESF) held in Dubai. The announcement, will be held at a glittering …
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Posted on 18/03/2018

Egypt, UAE say reject attempts to harm Arab security

Egypt and the United Arab Emirates (UAE) on Sunday reiterated their rejection of attempts to harm the stability of the Arab countries. Egyptian President Abdel Fattah al-Sisi held talks with UAE Foreign Minister Abdullah bin Zayed al-Nahyan, who arrived in …
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Posted on 18/03/2018

Abu Dhabi signs $1.45B offshore deal with Total

The Abu Dhabi National Oil Co. made the announcement in a statement Sunday. It said Total would be granted a 20 percent stake in the Umm Shaif and Nasr concessions and a 5 percent stake in the Lower Zakum concession, paying participation fees of $1.15 …
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Posted on 18/03/2018

Abu Dhabi awards France’s Total stakes in oil concessions

Abu Dhabi (AFP) – Abu Dhabi state energy company ADNOC said Sunday it had awarded French oil giant Total stakes in two offshore oil concessions, as it looks to boost production by year’s end. Total now holds a fifth of the Umm Shaif and Nasr concession and …
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Posted on 18/03/2018

UAE’s Azizi aims to deliver Dubai mega project ahead of schedule

UAE-based Azizi Developments has announced that foundation works on phases 1 and 2 of its flagship project in Meydan One, which is set to be completed in early 2019, are almost completed. The company said the Azizi Riviera mega project continues to develop …
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Posted on 18/03/2018

Dubai Sheikh Mohammad Bin Rashid rescues tourists stranded in desert

A group of Mexican tourists were off-roading at the Dubai dunes outside the city, when there vehicle got stuck in the desert. Prime Minister Sheikh Mohammad Bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai, came to rescue the tourist.
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Posted on 18/03/2018

An Unprecedented Turnout Of 13,000 Visitors To ’Morocco In Abu Dhabi’ In 10 days

In its third edition, “Morocco in Abu Dhabi” has achieved an unprecedented turnout, with a total of 13,000 visitors in 10 days from all over the country, giving them a great opportunity to learn about Morocco’s rich cultural heritage in all its forms …
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Posted on 17/03/2018

UAE pharma giant posts $350m sales in ‘challenging’ market

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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Posted on 17/03/2018

AI-assisted programmes to tackle crime in Dubai

According to Maj Gen Al Mansouri, this is good news for public safety, as it helps police and first responders more easily to spot crimes and accidents and also has a range of scientific and industrial applications. “Many sites in Dubai operate …
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Posted on 17/03/2018

Dubai’s DEWA awards $348m contracts for new substations

The new 400/132kV substations will add to DEWA’s existing 21,400/132kV substations, it said. 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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Posted on 17/03/2018

Abu Dhabi To Host First-Ever Green Business Summit 2018

The Economist Events, part of the global English-language weekly newspaper The Economist, is hosting the firstever Green Business Summit in Abu Dhabi, the capital of the United Arab Emirates, on Tuesday, April 17th, 2018. The Summit will focus on the …
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Posted on 17/03/2018

Dubai Marina knocked off top spot for apartment rentals

The most popular area for renting an apartment in February in Dubai was Dubai Silicon Oasis, overtaking Dubai Marina, according to real estate portal Bayut.com. Bayut said the property market in Dubai showed stability in February, with the greatest price …
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Posted on 17/03/2018

Global education forum begins in Dubai

Dubai: Educationists, thought leaders and celebrities are in Dubai for the sixth annual Global Education and Skills Forum (GESF), which started today. Organised by the Varkey Foundation, the forum is a major private sector initiative that contributes to …
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