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Posted on 12/05/2018

UAE food giant sees impact of VAT during Q1

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Posted on 12/05/2018

Ghanaian delegation holds 175 bilateral meetings during recent trade mission to UAE

The meeting was followed by business matching meetings which were hosted at the Dubai Chamber’s head office. H.E. Dr Akoto stressed Ghana’s commitment to expanding economic cooperation with the UAE, as well as its aims to attract investment from the UAE.
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Posted on 12/05/2018

Tanzania-UAE Business & Investment Forum explores new avenues of cooperation

Tanzanian Ambassador to UAE invites Dubai Chamber to open a representative office in Tanzania Tanzanian minister says Tanzania’s tourism, manufacturing and real estate sectors offer attractive opportunities for UAE investors H.E. Al Ghurair: Dubai …
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Posted on 12/05/2018

Dubai police arrest man over AED2m car buying fraud

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Posted on 11/05/2018

Abu Dhabi cobbler says UAE transformed his life

Quddus came to Abu Dhabi two years ago to help his father in his work. The 51-year-old cobbler doesn’t feel ashamed of doing the job and he has a profound love for his profession, which financially supports his family and children. Speaking to Gulf News …
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Posted on 11/05/2018

Massive rush at shopping malls as Super Sale kicks off in Dubai

Nonetheless, we witnessed more than average footfall during the first few hours as compared to the regular weekend morning crowd,” Ajay Antal, CEO of Home Box, told Gulf News. By Thursday evening, traffic snarls were reported near major malls in Dubai as …
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Posted on 11/05/2018

UAE extends military reach in Yemen and Somalia

ABU DHABI (Reuters) – Military transport planes from the United Arab Emirates landed on the sleepy Yemeni island of Socotra last week, unloading tanks and troops as part of the Gulf Arab state’s drive to extend its influence over a strategic waterway …
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Posted on 11/05/2018

UAE-based cricket coach suspended over spot fixing offer

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Posted on 11/05/2018

UAE man wins court appeal after claiming rape victim was his ‘wife’

A police officer in the UAE was convicted on charges of rape, but justified the vile incident by saying the woman is his wife. In a recent court hearing, the 28-year-old man’s prison sentence was suspended. “My client took his family with him and proposed …
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Posted on 11/05/2018

NYU labor compliance in Abu Dhabi comes into question

NEW YORK (AP) — A report issued Thursday by a group of New York University students and faculty members is taking the university to task for labor practices connected to its campus in Abu Dhabi, saying that workers employed there still face risk of …
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Posted on 11/05/2018

Abu Dhabi hedges against oil price risk

DUBAI: Behind the 65-story glass tower that houses the shiny new headquarters of Abu Dhabi National Oil Co (Adnoc) sits a remnant of the Middle Eastern emirate’s not-so distant past: the squat, sand-coloured building that the government-owned energy …
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Posted on 11/05/2018

Dubai, Abu Dhabi Non-Oil GDP to Grow on State Spending, IMF Says

Dubai’s economy expanded 2.8% in 2017 Abu Dhabi’s non-oil GDP grew 1.8% in 2017 Abu Dhabi’s non-oil GDP is set to advance 3.3% in 2019 vs 2.5% this year
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Posted on 11/05/2018

U.S., UAE crack down on network for smuggling funds to elite Iran group

The Treasury Department, acting with the United Arab Emirates where front companies were located, said it had disrupted the large network’s operations, and accused Iran’s central bank of helping the group access U.S. dollars held in foreign banks to …
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Posted on 11/05/2018

UAE puts nine Iranian entities, individuals on terrorism list

The United Arab Emirates listed on Thursday nine Iranian entities and individuals on the terrorism list for transferring funds to the Iranian Revolutionary Guards. According to the statement published by WAM, the Cabinet issued Ministerial Resolution No …
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Posted on 10/05/2018

Why switch your offshore company to the UAE?

Doing business: The UAE regularly ranks highly on the World Bank’s Doing Business Index, which measures countries against 11 key indicators of business regulation to establish the ease with which it is possible to form and run a company. In 2018 it was …
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Posted on 10/05/2018

Dubai Launches Blockchain Business Registry To Ease Market Entry

Businesses looking to launch in Dubai will benefit from a blockchain registry, a joint project between the government and partners including IBM. The Dubai Blockchain Business Registry Project will also see involvement from Smart Dubai and Dubai Silicon …
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Posted on 10/05/2018

Abu Dhabi Oil Giant Hires Cutis as CFO From Wealth Fund

Abu Dhabi National Oil Co. hired Mark Cutis as chief financial officer from the sovereign fund that combined with Mubadala Investment Co., according to people with knowledge of the matter. Cutis will report to Adnoc’s director of finance and investment …
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