Connor Clements, 24, upped and left Liverpool earlier this year after getting ‘stuck in a rut’ in the UK. With his sister already living in Dubai he was hopeful things would get better and managed to land a job as a waiter. But things took a ‘horrific …
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Strong 2018 Forecast and Diversification Lift Business Sentiments in Dubai
Businesses in Dubai are more upbeat about the final quarter of 2017 compared to the previous quarter, driven by increased demand during the winter months. The quarterly survey of Dubai Economy showed the composite Business Confidence Index (BCI) in the …
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Strong Demand Spurs New Release of Water’s Edge Homes From Aldar Properties
Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and management company, today announced that due to strong demand it will release more apartments for sale in Water’s Edge, the Company’s waterfront …
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Dubai utility awards floating solar contract
Etihad Esco is set to develop and install floating solar PV systems after being awarded a contract by Dubai Electricity Water Authority (DEWA). Ali Al Jassim, CEO of Etihad Esco, said: “The installation of solar PV systems at DEWA water reservoirs comes …
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ADNOC Distribution IPO values retail business at $8.5bn
In a note to investors on its website, ADNOC noted that the IPO “creates a new platform and route for further value creation.” “This important and strategic offering represents a unique opportunity for investors to own a stake in the UAE’s number …
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Bank accounts must for Pakistani expats to remit money
Dubai: The Pakistan government will soon make it mandatory for all expatriates from the country to open bank accounts back home to be able to send remittances, an official has said. The move will curb illegal transfers and money laundering. “The Pakistan …
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Dubai plate AA10 goes for Dh3.12m
speaking to Gulf News, during the auction at Westin Hotel. RTA generated revenue of Dh12.3 million through the auction of 10 special plates, with three plates breaking the million barrier. A Dubai based businessman Majid Mustafa grabbed the plate number …
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Dubai’s Souq.com says no expansion planned for now due to “untapped” potential
Dubai-based online shopping site Souq.com is not looking to … Souq.com rapidly expand into new Middle East and North Africa markets. However, speaking to Gulf Business, Ronaldo Mouchawar indicated a more conservative approach was instead being adopted.
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The Best Hotels in Abu Dhabi for Paying With Points and Miles
Opinions expressed here are author’s alone.” Headed to sparkling Abu Dhabi? Here are some great properties to redeem your points and miles for an unforgettable vacation. For a list of great hotel rewards cards with enough points to get your journey …
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UAE disappointed with EU tax list
Dubai: The UAE government has expressed its surprise and disappointment that it has been included by the European Union in a list of non-compliant tax jurisdictions. On Tuesday, the EU announced that the UAE, along with 16 other countries, had been …
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Emaar, Dubai Properties in talks for $1.1bn loan
Emaar Properties, a leading Dubai-based developer, is in discussions with banks to obtain a loan facilities in partnership with another major developer Dubai Properties, reported Reuters, citing sources. Discussions are taking place on a bilateral basis …
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Abu Dhabi authorities revealed as buyers of $450m ‘Leonardo painting’
Media captionThe painting has been cleaned and restored from the image on the left to the one on the right Abu Dhabi’s Department of Culture and Tourism has confirmed that it bought the $450m Salvator Mundi painting for the state’s new Louvre gallery.
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Adnoc Distribution prices the largest Abu Dhabi IPO in 10 years
Dubai: State-owned energy giant Abu Dhabi National Oil Co (Adnoc … Adnoc is listing 10 per cent of its fuel distribution business, pricing its initial public offering (IPO) at Dh2.50 at the mid-range price, according the company. According to the …
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Emaar & Dubai Properties in talks with banks for loan financing: Sources
DUBAI: Dubai’s Emaar Properties, builder of the world’s tallest tower, is in discussions with banks to obtain loan facilities in partnership with Dubai Properties, another major developer, sources familiar with the matter said. Discussions are taking place …
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UAE to open three new visa offices in India
The initiatives reflect the growing bilateral relations with high-level engagements including a reported upcoming visit of Indian Prime Minister Narendra Modi to the UAE. As Gulf News exclusively reported on October 2, Modi is likely to visit the UAE early …
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Dubai Airshow 2017 and Travelogue on Jaguar XF
Dubai is one of the hottest destinations for tourists and investors alike. Indians, especially, visit Dubai in large numbers, seeking both jobs and tourism. Our reasons were, however – attending the 2017 Dubai Airshow, one of the largest gathering of …
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Dubai home values hurtle further down
Residential prices in Dubai have slumped to their lowest level in four years, Cluttons reported in its Winter Property Market Outlook issued Wednesday. Home values in the emirate dropped 1.9 percent on average between Q2 2017 and Q3 2017 and 5.6 percent in …
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