Doug Bitcon, Rasmala Investment Bank Head of Credit Strategies, discusses Kuwait’s currency peg with the state unable to borrow, the Kuwaiti dinar 12-month forwards, and the UAE’s real estate market.
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UAE jails Jordanian for 10 years for criticising Jordan’s gov’t
HRW says Ahmed Etoum was sentenced in October solely for peaceful Facebook posts on corruption, inequality in Jordan.
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Bayt.com & YouGov Survey Reveals Most Sought-After Skills and Jobs by UAE Employers for 2021
Receptionist (19%), and Sales Manager (17%) emerged as the top roles that UAE employers are hiring for in the coming quarter in a …
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UAE law: A man promised to marry me after hiding his identity. Can I file a case?
Question: I met a man through a matrimonial site in Dubai. He promised to marry me and we were in a relationship for a year. Now, I have discovered through a series of events that the person had a …
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Ninety-Nine World NGOs Demand Freeze on Arms Sales to Saudi and UAE
Ninety-nine international human rights organizations have demanded a freeze on arms sales to Saudi Arabia and the UAE, an immediate cessation of the war …
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Dubai Mall launches VR Park soft play membership for kids
On the hunt for something to do with the kids that won’t blow the budget? The Dubai Mall has a brand-new membership just for the littlest members of your family. Kids between four and 12 can sign up …
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Damac Drops After Loss and Forecast for Slow Dubai Recovery
Damac Properties PJSC plunged on Sunday after posting a loss and its chairman saying it’ll take at least one to two years for the United Arab Emirates’ real estate market to get out of its downturn.
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Video: Dubai girl in tears after marriage proposal at Expo site
It’s not enough to get down on one knee any more; how and when a marriage proposal is made is equally important. That’s what this man in Dubai did when it was time for him to ask the quintessential …
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Daniel Kinahan operating freely in Dubai as he tries to distance himself from crime links
Mirror probe today reveals reports of airport suitcases full of money, shady business deals and mafia bosses overseeing killings and extortion …
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Dubai’s DAMAC chairman urges patience as 2020 losses hit $297mln
The chairman of Dubai-based developer DAMAC Properties has urged patience, with the property market still reeling from the impact of the coronavirus pandemic. The company had posted a net loss of AED …
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Abu Dhabi Covid updates: UAE hits 5 million doses, kids go back to school
This landmark figure is the result of an unprecedented immunisation programme… The UAE has now successfully administered a total of 5 million Covid-19 vaccination doses. Of course, because the vaccine …
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Sharjah: You can now apply for, renew parking permits online
You can now apply for or renew Sharjah public parking subscriptions online. The Sharjah City Municipality (SCM) said the digital service for public parking permits is available on its website. Here’s …
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Sharjah shopping promotions concludes six weeks of excitement, surprises and much-awaited activities
Sharjah: The “Sharjah Shopping Promotions” campaign, which is organized by the Sharjah Chamber of Commerce & Industry (SCCI), has concluded on a high note after six weeks of excitement, surprises and …
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UAE property market will take about two years to recover – Damac boss
Damac Properties, one of Dubai’s largest developers, said it will take at least one to two years for the real estate market in the UAE to get out of its downturn. “I anticipate it will take at least …
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UAE: Woman finds Dh10,000 under her work desk, hands it over to police
The Sharjah Police have honoured a female employee working in Tadbeer for her honesty, as she handed over an amount of Dh10,000 which was left behind by a customer on her desk. At the end of her shift …
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Sheikh Hamdan bin Mohammed issues resolution on information signs in Dubai
Only authorised entities can design, manufacture, install, repair, and remove supplementary information signs.
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Dubai’s richest kid buys a new Rolls Royce
We have earlier covered the garage of Dubai’s richest kid, Rashed Belhasa. Well, he bought a Rolls Royce Ghost before the latest generation was launched. The Ghost was Black in colour and now the kid …
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