Dubai’s sovereign wealth fund Investment Corporation of Dubai (ICD) has picked up a significant stake in Swiss banking app Centralway Numbrs. Centralway said on its website that it raised investment from Dubai’s sovereign wealth fund though it did not …
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Dubai lender Emirates NBD’s fourth quarter profit drops on higher cost of funding and devaluation of Egyptian pound
Dubai’s largest bank said on Monday its net profit fell to Dh1.85 billion for the three months to the end of December, a decline of 12.8 per cent compared with the same period a year earlier. The bank blamed the decline on the higher cost of fixed …
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McIlroy to undergo MRI; Abu Dhabi status uncertain
McIlroy is in the field for next week’s Abu Dhabi HSBC Championship and hopes to play. The world No. 2 told reporters Sunday that the MRI is precautionary, to “see what’s up with this joint in my back.” The injury may have been caused, McIlroy said …
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YZER Property Becomes UAE's Largest Specialist Property Portal
Dubai-based property portal YZER Property has announced that its website has increased it’s listings for property available for sale or rent by 300% in 2 months, making it the fastest- growing and largest specialist property listings website in the UAE …
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Abu Dhabi Ports and Khalidia International Shipping sign AED 80 million Musataha Agreement
Abu Dhabi Ports has signed a Musataha Agreement with Khalidia International Shipping LLC, a subsidiary of Emirates Business Group (EBG), to set up a third-party logistics (3PL) warehouse with a total investment of AED 80 million in Khalifa Industrial Zone …
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Dubai's Yzer Property listings hit new high
Dubai-based property portal Yzer Property said the listings for property available for sale/rent on its website increased by 300 per cent within two months, making it the fastest-growing and largest specialist property listings website in the UAE.
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Purple connects PizzaExpress in UAE
PizzaExpress UAE selected Purple and CDW to offer fast, free and secure guest WiFi to customers while gathering valuable analytics. CDW has delivered a fully integrated solution comprising hardware, software and services in partnership with Cisco Meraki …
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Rory McIlroy a doubt for Abu Dhabi
Rory McIlroy’s participation in this week’s Abu Dhabi HSBC Golf Championship is in doubt due to a back injury. The four-time major winner hurt it before teeing it up in the second round of the BMW SA Open and almost withdrew from the event. However …
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Changing perceptions about animal care in Dubai
technical director of Dubai Safari, told Gulf News. He said utmost care will be given to the animals, right from their selection itself. Tests are done to ensure their fitness and experienced trainers and keepers from different parts of the world have been …
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Bank Muscat fourth quarter profit up 1.3%, in line with estimates
Dubai: Bank Muscat, Oman’s largest lender, posted a 1.3 per cent increase in fourth-quarter net profit on Sunday, according to Reuters calculations, in line with analysts’ estimates. The bank made a profit of 39.7 million riyals (Dh379.2 million …
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Abu Dhabi Grand Slam 2016-17: Abu Dhabi Day 2 – Xande Ribiero Wins 94kg Gi Gold
Abu Dhabi, UAE, 14 January, 2017: The Abu Dhabi Grand Slam in Abu Dhabi continued where it left off yesterday, as UAE players rose to the occasion in the Gi divisions and won a total of 103 medals in the presence of UAEJJF board members Mr. Yousef Al …
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Foreign Direct Investments in Abu Dhabi grew by 8% in 2016, says SCADA
The growth of Foreign Direct Investments (FDIs) in the Emirate of Abu Dhabi in 2016 has hit 8% equaling AED 95.145 billion compared with AED 88.95 billion in 2015. The new figures came in the estimation of the annual report on Direct Foreign Investment in …
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President Nazarbayev met with UAE business elite
ABU DHABI. KAZINFORM – Within the framework of his official visit to the UAE President of Kazakhstan Nursultan Nazarbayev met with the business elite of the country. According to Kazinform correspondent in Abu Dhabi, the meeting took place at the Emirates …
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UAE sends strong high-level team to WEF’s Davos meeting
Top-level delegations from Saudi Arabia and the UAE form the biggest contingents from GCC states among the 3,000 global leaders travelling to the Alpine town for the gathering of policymakers, business leaders, intellectuals and celebrities. This year’s …
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“Total Fiasco, Utter Circus!” Cried The CIO Asking "What's The Next Big Trade?"
The $2bln Dubai deal. That random pile of manila folders … “Those kinds of big moves are mandatory for hedge funds to make real money.” A few people profited from Japanese interest rates last year. Some nimble punters made money on Brexit.
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List of UAE charities
Founded in 1983, the ERCS carries out a number of charitable programmes inside UAE and abroad including in Palestine, Yemen, Somalia, Pakistan, and Kosovo. It welcomes volunteers. Established in 2007 by President His Highness Shaikh Khalifa Bin Zayed Al …
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You can visit Dubai Safari after summer
Dubai: Dubai Safari will open its doors to the public only after this summer and will house about 3,500 animals in its first phase, Gulf News has learnt. The much-awaited Dh1 billion project will be completed by April, Hussain Nasser Lootah, director …
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