Diamond analyst Aniruddha Lidbide said, “VAT in the UAE was imposed just recently and it had a huge cost implications on loose diamonds. Now that the UAE has scrapped the VAT, it is a good news for the entire diamond value chain.”
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Abu Dhabi Taqa Shifts to Growth Mode After Years of Cutbacks
Abu Dhabi National Energy Co., the state-controlled oil and gas producer, is looking again at boosting spending after three years of cutting back, according to Chairman Saeed Mubarak Al-Hajeri. The company, known as Taqa, had first-quarter net income of …
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Divorce battle: Superyacht’s fate in hands of Dubai courts
Dubai: A mega luxury yacht mired in a bitter divorce battle between a Russian billionaire and his ex-wife will remain locked down in Dubai port for the time being despite arguments by a team of lawyers at an appeal hearing on Wednesday at Dubai …
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Abu Dhabi’s Taqa Shifts to Growth Mode After Years of Cutbacks
Abu Dhabi National Energy Co., the state-controlled oil and gas producer, is again looking at boosting spending after three years of cutting back, according to Chairman Saeed Mubarak Al-Hajeri. The company, known as Taqa, had first-quarter net income of …
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Abu Dhabi’s Mubadala Looking to Expand Its Presence Over More Industries
Abu Dhabi’s Mubadala Investment Co. is set to do bigger deals, scout for investments more widely and spread its presence over more industries after a recent tie-up with another local fund doubled its size. The combination of Mubadala and the Abu Dhabi …
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Abu Dhabi forum urges UN to help protect minorities
Abu Dhabi: A global conference on Muslim minorities on Wednesday adopted a ‘Global Charter for Muslim Communities’ urging the United Nations to make a binding agreement for protecting rights and freedom of minorities as religious, ethnic and linguistic …
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New rate for Dubai school fee hikes soon
Gulf News had reported earlier. For the coming school year, which starts in September, some schools have already announced fee reductions. David Cook, headmaster of Repton School Dubai (rated outstanding), said: “As a provider of quality education …
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Beggar caught with Dh300,000 in Dubai
Dubai: Dubai Police recently arrested a beggar with Dh300,000 after he conned people by asking money to build a mosque outside the UAE, officials said on Wednesday. The Arab beggar, a resident of a Gulf Country, was caught after many people paid him money …
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Pakistani restaurants that you must visit in Dubai
which is why I’ve carefully picked out seven of my favourite Pakistani restaurants in Dubai for you. Read on to know which places you definitely need to try and what to order once you get there. If you’re a fan of Nihari and beef that melts in your …
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UAE’s first endowment foundation gets licence
Dubai: The Awqaf and Minor Affairs Foundation (AMAF) has granted a licence to the first endowment foundation in the UAE, it was announced. This comes in line with the foundation’s commitment to support all philanthropic activities inside and outside the …
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Are UAE private workers getting a bonus?
Other organisations contacted by Gulf News were non-committal about following Union Coop’s example, although some of them did praise the UAE government for the generous initiative. “I don’t think the private sector will follow to give increases as …
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Indian expat in UAE missing since April 28
Hailing from Srinagar in the north Indian state of Jammu and Kashmir, Irfan disappeared after he had entered the UAE in his car from Oman, his relatives and colleagues told Gulf News on Monday. Company sources said he had taken one month’s leave in early …
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New UAE federal law aims at 75% of waste recycling
The UAE’s per capita waste generation is around 1.2 to 1.3 kilogram per day — among the world’s highest, the majority of which or 77 per cent ends up in landfills, the minister told Gulf News on the sidelines of the FNC session. About nine million …
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Muslim minority communities meet in UAE to talk challenges
the news shows stories of bombings and terrorist activities,” she said. “We are trying to correct this picture that taints the image of Muslims,” Al-Ajamawi added. Canadian attendee, Muhammad Robert Heft, said the conference in Abu Dhabi was an opportunity …
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UAE is the top country to live in: Arab Youth Survey
Speaking about changing means of news consumption and trust in leadership … while Russia cements its position as a top non-Arab ally 7-The UAE remains the top country Arab youth want to live in, and want their own countries to emulate 8-Youth in the …
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Guns N’ Roses to Headline Sunday Night Yasalam After-Race Concert at 2018 Abu Dhabi Grand Prix
ABU DHABI, United Arab Emirates, May 8, 2018 /CNW/ – Yas Marina Circuit and FLASH Entertainment have today revealed the next global music superstars to perform at this year’s Yasalam After-Race Concert as part of the FORMULA 1 2018 ETIHAD AIRWAYS ABU DHABI …
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UAE chosen top country for young people, says Arab Youth Survey
Dubai: After a decade of chronicling the hopes and fears of … On the media front, a ninth survey finding asserted that as younger people use social media to glean their news events, “they see CNN as the most trusted and Al Jazeera as the least trusted …
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