New York Times reveals how George Nader and Elliot Broidy influenced Trump for interests of Saudi Arabia and UAE. George Nader, a political adviser to the United Arab Emirates (UAE), worked for over a year to transform one of the largest donors to Donald …
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UAE condemns ‘act of terror’ in Mogadishu
Abu Dhabi: The UAE condemned the explosion that erupted outside a hotel in the Somali capital Mogadishu on Thursday as an act of terror. The Ministry of Foreign Affairs and International Cooperation expressed the UAE’s denunciation of such acts of terror …
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Dubai Police caught 3,220 wanted suspects so far this year
Dubai: Dubai Police arrested 3,220 wanted suspects and recovered Dh2.5 billion in criminally obtained property from them in the first two months of 2018, officials said on Thursday. These most-wanted people were involved in financial crimes, Col Saeed Al …
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Mother of the Nation Festival opens in Abu Dhabi
Abu Dhabi: The third annual Mother of the Nation Festival officially opened in Abu Dhabi on Thursday, with the festival highlighting the empowering role of Emirati women in society and their work in the development of the UAE. Organised by the Department o …
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Pakistani student in Dubai wins $77,000 scholarship
Dubai: Following a spell of uncertainty, a Dubai schoolgirl has got a chance to pursue university studies after her parents had to move back to Pakistan for her father’s cancer treatment. Suman Ansari, 19, a final-year student at Deira International …
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Sharjah real estate deals rise 20% to $8.1bn in 2017
The emirate’s real estate regulator expressed satisfaction with the performance of the sector, which it said is growing steadily year after year, state news agency WAM reported on Thursday. UAE citizens dominated deals in Sharjah’s property sector with …
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Dubai Holding appoints new CFO in management reshuffle
“Dubai Holding is in a significant phase of its corporate evolution as it addresses legacy liabilities and reshapes its business model to drive further growth,” he said. “Dubai Holding will continue to operate as a stand-alone entity and there are no …
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Dubai’s billionaire teen
His followers number in the millions and he’s launched his own shoe company. BBC Minute got exclusive access to this extraordinary lifestyle in Dubai.
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Mishal Kanoo Joins Top UAE Delegation for UAE-Japan Business Forum
These sessions aim to discuss ways to enhance mutual cooperation between the business sectors. During the presentations of UAE companies, Mr. Mishal Kanoo delivered his keynote speech titled, “Learning from the Japanese Experience.” In his message …
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Capital gains: Walk the streets of Abu Dhabi
And the ‘Land of Gazelle’, or Abu Dhabi, was born. Kitted out with manicured lawns and high-rises, the desert city has revamped the word oasis. As part of our ongoing series, Gulf News tabloid! looks at the various ways to discover the city.
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ADIC to join Mubadala group as wealthy Abu Dhabi consolidates funds
It was not immediately clear whether the ADIC news presaged more mergers or tie-ups for Abu Dhabi funds. The emirate’s biggest sovereign fund, Abu Dhabi Investment Authority, has an estimated $828 billion of assets and is the third biggest in the world.
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Abu Dhabi Investment Council to Consolidate into Mubadala
UAE President Sheikh Khalifa bin Zayed Al Nahyan issued a groundbreaking law that restructures the Abu Dhabi Investment Council (ADIC) to be under the Mubadala Investment Company group. Under the new law, the Mubadala Investment Company Board of Directors …
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Abu Dhabi combines funds to form $250B SWF
The ADIC started operating in 2007 and is responsible for investing worldwide part of the Abu Dhabi government’s surplus financial resources, earned from oil exports. It was not immediately clear whether the ADIC news presaged more mergers or tie-ups for …
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Abu Dhabi ruler issues law to merge investment firms
we enhance the country’s competitive position,” he added in comments published by state news agency WAM. Under the new law, the Mubadala Investment Company board of directors will now become the board of directors for the Abu Dhabi Investment Council.
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Abu Dhabi to Combine Sovereign Wealth Funds Creating $250-B ‘Behemoth’
Together Mubadala and Abu Dhabi Investment Council will be the world’s 11th largest sovereign wealth fund. The UAE emirate of Abu Dhabi is to combine two of its largest sovereign funds to create a behemoth with estimated assets of nearly $250-B.
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Victimized by fugitive diamantaireSurat Surat man languishing in Dubai jail
Son of an auto consultant Flesh Kanani, who was appointed as an assorter at Eco Diamonds FZE owned by Jatin’s wife Sonal Mehta and his son Suraj in Dubai in 2014, is languishing in the foreign country since last eight months and unable to return.
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Sharjah realty to pick up ahead of Expo 2020
Sharjah’s property market has seen softening slightly in line with the trend in other emirates with prices dropping between 5 to 7 per cent and are expected to increase as Expo 2020 approaches and population grows, industry executives said. “The softening …
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