Dubai: A high-profile UAE banker is suing a top Dubai-based hotel for AED50 million after he discovered a bloodied bandage in his meal during a business dinner with VIPs. Shortly after dinner was served, the banker was shocked to find the blood-soaked …
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UAE’s private sector activity holds up even during summer
Dubai: UAE’s private sector activity continued to turn in a … The survey, sponsored by Emirates NBD and produced by IHS Markit, contains data collected from a monthly survey of business conditions in the UAE non-oil private sector. The seasonally …
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Dubai Chamber, UAE Federal Tax Authority to host workshops on VAT compliance
Atiq Juma Nasib, Senior Vice President of Commercial Services at Dubai Chamber, explained that the workshops will aim to familiarise the business community with the concept of VAT, the registration and implementation process associated with the new tax …
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Emaar Hospitality plans new hotel linked to The Dubai Mall
The hotel and serviced residences project is in easy access of Dubai’s business hubs including the Dubai International Financial Centre and Dubai International Convention Centre. Opening to direct views of the iconic Burj Khalifa, Vida Dubai Mall is a …
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12 things to do in Dubai this weekend
Bombay Brasserie, Taj Dubai, Business Bay. Thali lunch available Saturday to Thursday, 12.30pm to 3pm. Dhs95. Tel: (04) 438 3100. More info on website. Toy building blocks might not make the most comfortable bed to sleep on but that wouldn’t stop fans …
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Man Finds Blood-Soaked Bandage In Hotel Meal
The banker was hosting a VIP business dinner when he found a bloodied bandage swimming … which prompted Al Nasser to lodge a civil compensation lawsuit before the Dubai Civil Court. “The hotel management and that of the restaurant failed to adhere …
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Dubai salon staff face penalties for providing home services without permit
… attract penalties from both the Dubai Municipality and the economic department {Dubai Economy} if they are caught violating this rule, a senior official told Gulf News on Wednesday. In notices posted at salons and women’s beauty centres, the …
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Aldar Properties Announces 5% Increase in Gross Profit for H1 2017
Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, today announced its financial results for the first half of 2017, recording a 5% increase in gross profit to AED 1.29 billion …
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UPDATE 1-UAE’s Aldar Properties Q2 net profit falls 5.6 pct on lower revenues
ABU DHABI, Aug 3 (Reuters) – Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported a 5.6 percent drop in second-quarter profit on Thursday amid a double-digit drop in revenue. The results come against a backdrop of a …
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BRIEF-Abu Dhabi’s Aldar Properties Q2 profit falls
* H1 NET PROFIT 1.26 BILLION DIRHAMS VERSUS 1.31 BILLION DIRHAMS YEAR AGO * 1.8 BILLION DIRHAMS DEVELOPMENT SALES VALUE IN FIRST SIX MONTHS WITH 600 MILLION DIRHAMS CONTRIBUTION FROM SUCCESSFUL LAUNCH OF BRIDGES Source:(bit.ly/2wnrRyL) Further …
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Aldar Properties gross profit up 5pc in H1
Abu Dhabi-based Aldar Properties, a leading property development company, has posted a gross profit of Dh1.29 billion ($351 million) for the first half (H1) of 2017, as against Dh1.23 billion in H1 2016, marking a rise of five per cent. The company …
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Aldar Focuses on Mid-Market Properties as Quarterly Profit Drops
Aldar Properties PJSC plans to develop more mid-market residential homes in Abu Dhabi and focus on boosting recurring income, its chief financial officer said after second-quarter revenue tumbled. The builder of the Ferrari theme park posted a 5.7 percent …
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How an investor can ride the Dubai property cycle
Investment. Property. Real estate. Timing. Vocabulary that is eminent in Dubai, and given the expanse of widespread analysis about the real estate market at the moment, there is need to deliberate on the significant phases that Dubai’s realty market is …
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WETEX 2017, Dubai Solar to show showcase crucial renewable and clean energy solutions
Technology Exhibition, WETEX 2017, organised by the Dubai Electricity and Water Authority, DEWA, from 23rd to 25th October. The exhibition, held under the directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and …
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A Different Story from the Middle East: Entrepreneurs Building an Arab Tech Economy
Instead, Amazon—apparently impressed by Souq.com’s management team, its technology, and its ability to navigate a complicated region—decided on a different strategy. A week after the announcement, at the Step Conference in Dubai, one of the most …
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UAE’s Produce Import Ban Shines Light on Food Security Dilemma and Indoor Ag Opportunity
For Scott, technology is a major part of the food security solution in the UAE— in particular controlled environment agriculture (CEA) — which could have the knock on effects of increasing produce quality and lowering prices. You Say You Want a Revolution?
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Robot pharmacist to serve visitors of Dubai Hospital pharmacy
Dubai Hospital will be using the technology to dispense prescribed medication with the click of a button based on bar codes, minimising human error. The robot will also reduce customer waiting time as it can store up to 35,000 medicines and dispenses …
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