Dubai Health Authority signed a Memorandum of Understanding (MoU) with the unique AccorHotel property, owned by R Holding, during Arabian Travel Market earlier this year. “We have also partnered with The Health Bank in a strategic initiative to enhancing …
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Dubai homes: Room to grow
Downtown Dubai, Jumeirah Village Circle (JVC) and Palm Jumeirah, notably Five Palm Jumeirah (previously Viceroy), Belgravia phase 1 in JVC and Volante in Business Bay. “We expect deliveries to slow down in Q3 and pick up pace during and after Cityscape in …
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15 killed in Dubai heavy truck accidents so far
Road accidents, involving heavy trucks, have claimed 15 lives in 14 accidents during the first half of 2017 in Dubai due to the violation of heavy truck timings. According to Col Essam Ibrahim Al Aour, Director of Traffic Services at Dubai Police …
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UAE investors caught up in Bitcoin and Bar Works financial scams
UAE residents have described losing their life savings after being caught up in a financial scam that sold bogus workspace developments across the globe. The collapse of Bar Works and the high-profile arrest of New York-based British businessman Renwick …
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Khalid Ali Al Bustani named FTA director general
The UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree appointing Khalid Ali Al Bustani, Assistant Undersecretary for International Financial Relations, as Director General of the Federal Tax Authority (FTA).
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Gulf Petrochem Group Closes US$150m Financing Deal
Mr. Salah Mohammed Amin, Executive Vice President, Corporate Banking, Emirates NBD also added, “The positive response for this facility confirms the interest in key sectors in the UAE and the trust endorsed to Gulf Petrochem Group’s strong financial …
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The Qatar Crisis
These two countries have become the primary sites of capital accumulation, and firms from Saudi Arabia and the UAE dominate the GCC economy in the real estate, finance, trade, logistics, telecommunications, petrochemicals, and manufacturing sectors.
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Some Global Banks To Shift Qatar Business From Dubai Hub
Some international banks are serving Qatar from London and New York instead of Dubai’s financial center as a regional dispute makes it harder to do business with clients in the gas-rich Gulf state, according to people familiar with the matter.
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DIB Pakistan issues Rs 4b tier-II Sukuk
… a formidable force in Islamic Finance and one of the most progressive Islamic Finance institutions in the world. Currently, DIB has presence across all Emirates in the UAE with growing international operations in South Asia, Far East, Middle East …
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Apple surprises in typically weak quarter, led by services and iPad
The iPad has been gaining traction as of late, gaining a reputation as a business product; Apple chief financial officer Luca Maestri … Cook kicked off the conference call, which was held at 1am Dubai time on Wednesday, by saying, “we’re proud”, then …
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Exclusive: After Hurriyat arrests, Srinagar businessman Zahoor Watali under intelligence radar
Watali’s business empire spans from Kashmir to the UAE to Europe, spread across real-estate and international trade. But intelligence officials disclosed to India Today they suspect his companies were a facade hiding money laundering and terror finance.
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Abu Dhabi Ports signs $300m investment agreement with China
Browse Splash 24/7 for more maritime and shipping news. [cat_name] => Ports and Logistics [category_nicename] => ports-and-logistics [category_parent] => 54 ) ) Abu Dhabi Ports has signed an investment cooperation agreement with China’s Jiangsu province …
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Closure of emigration consultancy office raises suspicion
The victims said they have registered a complaint with the Financial Prosecution of Abu Dhabi Judicial Department on Sunday. A copy of the complaint obtained by Gulf News said that 10 Asians have been cheated by the Abu Dhabi-based company represented by …
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Abu Dhabi hotel guest arrivals up 30pc in June
the Emirates official news agency. Saif Saeed Ghobash, director-general of Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi), said: “I am pleased to say that we are on track to achieve our forecast guest arrivals growth for the year, and we are well …
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1MDB misses deadline for $820m payment to Abu Dhabi fund
Beleaguered state fund 1Malaysia Development Berhad (1MDB) yesterday failed to make a US$602.725 million (S$820 million) payment owed to Abu Dhabi’s state investor … monetising investment fund units. The news yesterday followed a string of negative …
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1 of 4 suspected Sydney Islamic airline plotters released
Safety is the airline’s number one priority.” The Abu Dhabi-based carrier refused to elaborate on its role in the probe or confirm whether one of its planes was targeted. Etihad operates direct flights to four Australian cities: Brisbane, Melbourne …
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Doctors find 21 magnets in baby’s stomach in Abu Dhabi
A hospital in Abu Dhabi has successfully removed 21 magnets from the stomach of a 23-month-old baby. Tawam Hospital in Al Ain City, Abu Dhabi, removed the magnets after they triggered eight gastrointestinal perforations and four aortoenteric fistulas …
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