Mena equity investors have had a stormy year so far. We have seen decent swings in both directions, but despite the volatility, Mena equities are now where they started the year, although some countries and sectors have fared better than others. While …
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UAE bank deposits up by Dh30b
Abu Dhabi: Total bank deposits in the UAE increased by Dh30.2 billion in September 2016 due to an Dh11.4 billion increase in resident deposits and an Dh18.8 billion increase in non-resident deposits, the Central Bank of the UAE said. Banks in the UAE have …
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Know the UAE: Creating functional comfort from simplicity
The main forms of the UAE’s traditional architecture were developed as ways to cope with the exceptionally hot and arid climate, using the limited building materials which were locally available. The most common housing was the arish which were large hut …
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Dubai unveils Tolerance Sign
Dubai: The ‘Tolerance Sign’ announcing Dubai as the capital of the world for tolerance was launched on Thursday in an event that saw four doves being released into the sky at the base of Burj Khalifa. Weeks after His Highness Shaikh Mohammad Bin Rashid …
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Dubai Municipality launches updated version of pet app
Dubai: Dubai Municipality has launched an updated version of smart phone app Aleef, which handles the records of pets, pet owners, pet adoption, registration, treatment and pet care. Heba Al Shehhi, head of Applications Development Section in the IT …
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Dubai deports Briton for breaking charity rules
DUBAI: Dubai’s appeal court has fined a British woman and ordered her deportation for violating the emirate’s strict rules on charity fundraising, a local daily reported Thursday (Oct 27). The 41-year-old executive, whose identity was not disclosed, had …
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Dubai boy donates cash award to Clean India Project
He was accompanied by his father Sree Kumar and mother Rashmi, sister Shilpa and Ramesh Mannath, general secretary of Indian People’s Forum in Dubai, who facilitated the meeting. Speaking to Gulf News, Sree Kumar said Pranav decided to share a portion of …
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Dubai’s Emaar expects 20% costs reduction
The Dubai-listed developer Emaar Properties forecasts a 20% reduction in costs next year, according to press reports. That is the expectation of Mohamed Alabbar, Emaar’s Chairman, who was citing the developer’s latest budget, the Reuters news agency …
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Dubai is revealed as the world’s best shoreline with BLACKPOOL rated a close second
It was pipped to the top spot by Dubai, while the Gulf of Mexico sailed in at third place. The locations were rated based on the clarity of the horizon, sea colour, sand quality, cleanliness, interesting features, air quality and the weather. Helping with …
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Dubai Parks and Resorts holds private preview for workers
Dubai Parks and Resorts has given its construction workers a private preview of the destination they helped build. The Middle East’s largest integrated theme park destination company said in a statement that it hosted the event over a weekend as a sign …
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Dubai to be home to world's first nature-inspired mall featuring botanical wonders
Cityland Group, creators of the acclaimed Dubai Miracle Garden and Dubai Butterfly Garden, officially announced their plans for a new, nature-inspired Cityland Mall. Scheduled for launch in Q2 2018 with a connected access to Global Village, the single …
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Dubai will build the ‘world’s first nature-inspired mall’ featuring botanical wonders
Dubai is set to get yet another incredible construction, this time what developers are calling the world’s first nature-inspired mall featuring botanical wonders. Cityland Mall will house a sprawling 200,000 sq.ft. open-air garden. Image by Cityland Mall …
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Study: 83% of Dubai residents are happy
Dubai: Around eight in 10 Dubai residents currently consider themselves happy, and an overwhelming majority believe that they will still be happy five years from now. Some 83 per cent of the people of Dubai are happy today while 95 per cent predict that …
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Majority in UAE feel more financial pressure than …
Residents in the UAE feel they are under greater financial pressure and have to take more risks with their money, research by HSBC has found. This is despite the fact that many residents believe there are more choices in their life today. HSBC’s latest …
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Riverland Dubai opening: 5 things to know
This October 31, when the phased opening of the Dh10.5 billion Dubai Parks & Resorts begins, visitors will be first enticed by Riverland Dubai, the themed 234,000 square foot ‘reception’ area with a river at its centre. No tickets are required to …
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MIDEAST STOCKS-Banks boost Gulf markets despite weak global environment
DUBAI Oct 27 Banking shares that had been beaten down earlier this month by fears of slowing global economic growth headed for a seventh day of gains on Thursday, boosting Gulf stock markets despite weakness in Asian bourses and oil prices. The Saudi bank …
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Dubai Islamic Bank wins two LinkedIn MENA Talent Awards – “Best Employer Brand” and “Most Social Executive in Private Sector”
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has won the distinguished accolade of “Best Employer Brand on LinkedIn” award at the LinkedIn MENA Talent Awards 2016. LinkedIn also recognized Dr. Adnan Chilwan, Group CEO of DIB, with the …
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