Dubai International Financial Centre (DIFC) Courts has launched a new division to hear complex legal cases in technology and construction. The new Technology and Construction Division (TCD) has been established as an ‘opt-in’ court, to hear complex cases …
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Abu Dhabi proves a haven for humpback dolphins
Abu Dhabi: A survey has found that Abu Dhabi has the largest population of the Indian Ocean humpback dolphin. ‘Dolphin Survey’ conducted by the Environment Agency – Abu Dhabi (EAD) estimated that 701 Indian Ocean humpback dolphins and 1,834 Indo …
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Dubai opens world’s best youth centre
Dubai: Dubai has just added a new feather to its cap by opening the world’s best youth centre. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai and His Highness Shaikh Mohammad Bin Zayed …
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Abu Dhabi has world’s largest population of humpback dolphins
Abu Dhabi has world’s largest population of Indian Ocean humpback dolphins. The Environment Agency – Abu Dhabi, EAD, through its ‘Dolphin Survey’, has estimated that 701 Indian Ocean humpback dolphins and 1,834 Indo-Pacific bottlenose dolphins …
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Dubai awards $3.9 bln solar energy contract to Shanghai Electric, ACWA Power
DUBAI, Sept 16 (Reuters) – Dubai’s state energy utility awarded a $3.9 billion contract to build and run a 700 megawatt solar power plant to a consortium comprising Shanghai Electric and Saudi Arabia’s ACWA Power
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President loyalists clash with UAE-backed forces in Yemen
Yemeni security and medical officials say clashes between forces loyal to the country’s internationally recognized president and others backed by the United Arab Emirates have killed at least one and wounded four others, including civilians. Saturday’s …
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Dubai unveils plans for a FLOATING replica of Venice complete with gondolas, underwater rooms, opera and even the Piazza San Marco
However, developers in the Middle East beg to differ as they unveil plans to recreate the Italian city famous for its complex canals and gondolas with a replica version of itself in Dubai. The Floating Venice will be the world’s first five-star floating …
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Dubai launches world’s largest concentrated solar power project
DUBAI — Dubai will build the world’s largest Concentrated Solar Power (CSP) project costing Dh14.2 billion, state news agency Wam reported on Saturday. To be implemented by Dubai Water and Electricity Authority (Dewa), the largest single-site project …
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Sharjah ruler on five-day visit to Kerala from Sept 24
Thiruvananthapuram: Sharjah’s Ruler and member of UAE’s Supreme Council, Dr. Sheikh Sultan bin Muhammad Al Qasimi, will arrive in Kerala on a five-day official visit starting September 24, an official statement here said. He will take part in meetings …
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Dubai awards $3.8bn deal for final phase of giant solar park
Dubai Electricity and Water Authority (DEWA) said on Saturday it has awarded the 700MW AED14.2 billion ($3.87 billion) fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The contract for the largest single-site concentrated solar power (CSP …
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Dubai awards $3.9 billion solar energy contract to Shanghai Electric, ACWA Power
DUBAI (Reuters) – Dubai’s state energy utility awarded a $3.9 billion contract to build and run a 700 megawatt solar power plant to a consortium comprising Shanghai Electric and Saudi Arabia’s ACWA Power, the government said on Saturday. The project …
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Dubai awards contract for final phase of solar park
The Gulf desert emirate of Dubai on Saturday announced the award of a $3.8-billion contract for the final phase of a solar park aimed at generating 5,000 megawatts of electricity by 2030. The local government said the contract for the fourth and final …
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VP launches world’s largest Dhs14b solar plant
DUBAI: Vice President, Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, announced the launch of the biggest Concentrated Solar Power (CSP) project in the world on Saturday. It is based on the Independent …
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Dubai Financial Regulator Issues Warning on ICOs
A financial services regulator in Dubai has issued a warning on initial coin offerings (ICOs). In a new statement today, the Dubai Financial Services Authority (DFSA) became the latest markets regulator to urge caution to prospective investors, a list …
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Dubai & Malaysia Sign Fintech Cooperation Agreement
The Dubai Financial Services Authority (DFSA) and Securities Commission Malaysia (SC) have entered into an agreement to cooperate in the development of Fintech. According to both parties, this agreement reflects efforts by both authorities to provide a …
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Dubai and Abu Dhabi once again claim top slots in latest Middle East financial hub ranking
DUBAI: The UAE has enhanced its position as the leading financial hub of the Middle East, with Dubai and Abu Dhabi claiming first and second regional spots in the twice-yearly Global Financial Centres Index (GFCI). Dubai jumped seven slots in the rankings …
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Dubai property investors look to Expo 2020 as job losses detract from Cityscape buzz
:: The buzz that surrounded the three-day Cityscape Global property exhibition in Dubai this week belied a market still suffering from expat job losses and investor uncertainty. While property investors hope for an Expo 2020-related rebound, prices remain …
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