DUBAI, United Arab Emirates — A massive complex of amusement parks planned in the southern desert of Dubai has opened its first park, a Legoland, complete with models of sheikhdom’s architectural wonders. The interlocking plastic blocks of Legoland, part …
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Drone incursion in Dubai diverts 40 flights
Dubai: Saturday’s unauthorised drone activity that led to … chairman of the department of civil aviation at Sharjah International Airport (SHJ), told Gulf News that SHJ shuttered its airspace after the unauthorised drone was detected around the …
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UAE Cabinet approves Dh248b federal budget for 2017-2021
Abu Dhabi: The UAE Cabinet on Sunday approved Dh248 billion for the five-year draft federal budget for 2017-2021, with Dh48.7 billion earmarked for 2017. The Cabinet meeting was chaired by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President …
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UAE banking sector reports another soft quarter
Dubai: The UAE banking sector reported another soft quarter with a general decline in earnings driven by higher credit costs, somewhat higher provisioning while most banks say the worst is behind them. Amid the overall subdued trend in credit growth and …
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Blockchain to revolutionise UAE’s financial services
Dubai: Blockchain technologies have the potential to revolutionise the rapidly growing financial services sector in the UAE and broader GCC region, according to a new report from Booz Allen Hamilton, titled Blockchain: Application to Financial Services in …
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Legoland Dubai opening: What you need to know
Siegfried Boerst, the general manager of Legoland Dubai, told Gulf News tabloid! that visitor feedback was “very positive” during the two-day soft launch on Friday and Saturday. “It’s really great to see children smiling and families enjoying …
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Drone intrusion shuts down Dubai, Sharjah airports
The delay caused flight delays confirmed a Dubai Airport spokesperson in a statement sent to Gulf News. “Airspace around Dubai International was closed from 1925 hrs to 2045 hrs on Saturday due to unauthorised drone activity resulting in the diversion of …
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Dubai adds partnerships to bring in more Chinese visitors
Dubai has stepped up its game to grab more Chinese visitors by partnering with major tourism and financial services companies while adding more Chinese employees to the roster at Dubai Duty Free. The emirate had more than 14.2 million overnight visitors …
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‘Dubai Week in China’ comes out with 11 agreements
Already, Dubai Chamber of Commerce and Industry has announced the opening of an office in Shanghai. No date has been given for the opening of the office. But Shirawi explained in an interview with Gulf News that the Shanghai office will join other offices …
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Dubai, Sharjah airports briefly closed due to drone intrusion
The delay caused flight delays confirmed a Dubai Airport spokesperson in a statement sent to Gulf News. “Airspace around Dubai International was closed from 1925 hrs to 2045 hrs on Saturday due to unauthorised drone activity resulting in the diversion of …
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UAE: Over 2m cans collected
Dubai: More than 2 million cans were collected across the UAE on Saturday as part of a nation-wide collection drive, the biggest so far in the UAE, which saw hundreds of companies, schools and families joining hands to boost recycling. The Emirates …
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Desktop banking trumps mobile in UAE
Traditional online banking done through a bank’s desktop website is still proving to be the more popular alternative to mobile banking amongst UAE residents, a survey by compareit4me.com has found. The survey, which compiled responses from almost 400 UAE …
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Errant drone temporarily shuts down Dubai's busy airport
DUBAI, United Arab Emirates — Authorities say an errant drone flying near Dubai International Airport forced the world’s busiest international airfield to close for nearly an hour and a half. The airport posted on its Twitter account that it closed its …
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Dubai eyes China to boost relations
Shanghai: Dubai is organising a three-day event in Shanghai aimed at further strengthening relations in different business and cultural fields through deepening knowledge of the emirate’s mushrooming business environment and booming opportunities.
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UAE win leaves Guga impressed
“You will never realise the good such a victory against a former two-time world champion can do for a young team like ours,” the UAE’s Brazilian coach Gustavo Henrique Zloccowick (Guga) told Gulf News after the win late on Thursday. “There are too …
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Market analysis: UAE bank equities a sound investment
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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