“This is a big opportunity for any young Israeli that wants to start any business in Dubai, not only the diamond business,” Shimshi, 41, told Reuters. Like in past visits over the last decade, Shimshi …
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ANALYSIS-Arabtec collapse shakes foundations of Gulf construction business
The liquidation, likely to lead to further layoffs in a company which had a 40,000 strong workforce at the end of last year, marks the end of an era of plentiful construction for local contractors. “A …
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Sharjah announces Dh200,000 fund for Lebanese publishers
The emergency relief will support those impacted by devastating blast in Lebanese captial Sharjah: Sharjah has announced a Dh200,000 emergency relief fund for Lebanese publishers affected by the …
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Gloom Deepens for Dubai Property Stocks
Dubai real estate stocks were once the stars for investors betting on the city’s booming economy. But their fall from grace has been spectacular and seems set to continue, given an abundance of unsold …
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Dubai fines 5 businesses for breaking Covid-19 rules; shuts down one place
Dubai Economy fined five establishments and issued warnings to seven shops for not adhering to Covid-19 precautionary measures on Tuesday. Officials found 731 businesses to be compliant with …
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Dubai plastic surgeon accused of sexual harassment of patient cleared by court
A plastic surgeon, accused of sexually harassing a female patient during a Botox injection, has been cleared by the Dubai Court of First Instance. Dubai public prosecution records show that the …
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Dubai holidays: Latest FCDO update as UAE clamps down on coronavirus tests for tourists
DUBAI holidays are normally snapped up by Britons eager for winter sun at this time of year. Alas, coronavirus travel restrictions mean United Arab Emirates getaways are much more complicated. This is …
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UK woman tried to fly to Dubai with $2.44 million in cash in five suitcases
A woman who tried to fly from London’s Heathrow Airport with five suitcases stuffed full of bank notes worth 1.9 million pounds ($2.44 million) has been charged with money laundering, UK Border Force …
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Superbike racer saw bride ‘flip out’ of Dubai hotel window while looking for wedding ring
Abbie Elson, 27, fell to her death from the fourth-room honeymoon suite at a hotel in Dubai, just days after marrying Sean Emmett, 50, as an inquest into her death continues …
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Pakistani expat wins $1 million at Dubai Duty Free raffle
A Pakistani expat living in Abu Dhabi got richer by $1 million when he won the latest Dubai Duty Free Millennium Millionaire draw. Mohammed Shafique Mohammed Siddique, 48, held ti …
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MIDEAST STOCKS-Property shares weigh on Dubai bourse; other markets muted
Major stock markets in the Gulf were little changed in early trade on Wednesday, with losses in real estate shares weighing on the Dubai index. Saudi Arabia’s benchmark index .TASI rose 0.1%, with …
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Virtual WETEX & Dubai Solar Show Promise a Unique Experience for International Exhibitors & Visitors Using the Latest Global Technologies
D virtual Water, Energy Technology, and Environment Exhibition (WETEX) and Dubai Solar Show, which it will organise from 26 to 28 October 2020, will use the latest technologies to provide a unique exp …
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UAE’s Al Habtoor Group completes preparations for Cairo office
UAE-based business conglomerate Al Habtoor Group (AHG) is set to complete preparations to open its office in Cairo, Egypt, it announced on October 7. The Cairene headquarters, located in the …
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These Sharjah inmates got jobs with deportation orders cancelled. Here’s how
Brigadier Ahmad Shuhail, director-general of Sharjah Punitive and Rehabilitation Establishment, told Gulf News the initiative called ‘Chance’ gives inmates an opportunity to improve their behaviour so …
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Abu Dhabi Investment Authority to Pick 1.2% Stake in Reliance Retail for INR 5,512 Cr Investment
RIL’s retail arm has sold about 8.5 per cent stake in return of a total investment of INR 37,710 crore from global investors Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA …
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Dubai is setting the stage for tech adoption
Deploying the latest developments in data science to analyse information is increasingly gaining more traction in Dubai …
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Abu Dhabi’s ADIA to invest $750m in Mukesh Ambani’s retail unit
A unit of Abu Dhabi Investment Authority will invest INR55.1bn ($750m) in Reliance Industries Ltd.’s retail arm, as billionaire Mukesh Ambani continues to …
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