31 per cent of respondents in the UAE believe that their country’s economy is worse today compared to six months ago. In terms of business conditions, 39 per cent of UAE respondents believe that business conditions are presently good. Conversely …
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National campaign to preserve UAE’s legacy launched
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday announced the launch of the national campaign ‘Let’s Preserve the Legacy’ and extended an open invitation to the …
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UAE among fastest growing publishing markets globally
Sharjah: The UAE has taken impressive strides in publishing and has one of the fastest growing publishing markets globally, Shaikha Budoor Bint Sultan Al Qasimi, founder and honorary president of Emirates Publishers Association (EPA) and member of the …
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Residents expect business conditions to improve…
31 per cent of respondents in the UAE believe that their country’s economy is worse today compared to six months ago. In terms of business conditions, 39 per cent of UAE respondents believe that business conditions are presently good. Conversely …
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Head of Hedge Fund Selection – General Manager
Al Futtaim Group – Dubai – Al-Futtaim Group is one of the leading business houses in the Middle East region, employing over 40,000 people (including those in joint ventures and subsidiaries) in diverse sectors spanning more than 60 businesses …
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New museum celebrates UAE founding fathers
His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has announced that the Union Museum, which tells the story of the UAE’s founding fathers and the country’s journey, will open on …
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Dubai unveils tallest LEGO replica of world's tallest building
Head over LEGOLAND Dubai to catch a glimpse of the world’s tallest replica structure of– what else– the Burj Khalifa. Here is some exciting news! We’ve unveiled the Burj Khalifa, the world’s tallest LEGO® model of a building in MINILAND at @LEGOLANDDubai!
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Dubai lender Emirates NBD Q3 net profit slips as bad debts weigh on Islamic banking unit
Emirates NBD, the UAE’s biggest bank by assets, said its third-quarter profit slipped 1 per cent as money set aside for bad debt at its Islamic banking unit increased. Net income declined marginally to Dh1.664 billion from Dh1.673bn, missing the …
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UAE's Ajman Bank finalising $205 mln Islamic syndicated loan -bankers
DUBAI Oct 18 Ajman Bank, a United Arab Emirates-based, sharia- compliant lender, is raising a $205 million Islamic syndicated loan, banking sources said on Tuesday The loan, which has a two-year maturity and a murabaha format, will be completed imminently …
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Qosbee app tells users which carrier provides best wireless network
Users can now create addresses from different countries,” he said. Despite it being launched in Dubai, the app is targeted at markets that allows users to buy wireless service à la carte from mobile virtual network operators (MVNOs), which have yet to …
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Dubai Silicon Oasis, du to develop 5G telecom technology, IoT solutions
The Dubai Silicon Oasis Authority (DSOA) today announced its collaboration with Emirates Integrated Telecommunications Company PJSC (du) for the development of fifth generation mobile technology (5G) and Internet of Things (IoT) solutions. The DSOA is the …
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Excellence Auditing & Business Consultants
Excellence is a premier Audit, Advisory and Business Management Consultancy firm counted among the reputed medium-sized auditing and advisory organization in Dubai, UAE. Being born in the emerging business capital of the world, we have gained popularity …
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Infosys Finacle Partners With Emirates NBD and ICICI Bank to Launch First Blockchain Pilot Network
BANGALORE, Oct. 18, 2016 /CNW/ – Emirates NBD is the First in UAE and ICICI Bank is the First Bank in India to Pilot Blockchain-based Network for International Remittances and Trade Finance EdgeVerve Systems, a wholly owned product subsidiary of Infosys …
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Dubai is trying to build the world's tallest building-again
If you’ve ever been to Dubai, you know that there are architectural marvels around every corner. That includes the world’s tallest building, known as the Burj Khalifa, which hovers a nosebleeding 154 stories—or 2,722 feet—above the desert floor.
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Emirates could cut Africa flights in face of economic challenges
DUBAI (Reuters) – Emirates airline could reduce the frequency of flights to Africa or cut routes entirely if current economic and financial challenges on the continent continue, the company’s President said on Tuesday. Emirates has expanded rapidly in …
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Credit ratings can be a force of change in UAE finance
In a recent communiqué, the UAE’s Securities and Commodities Authority (SCA) reiterated its aim of introducing credit rating regulations as part of UAE’s vision of having a well-developed, investment-conducive and resilient financial system.
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Dubai lender Emirates NBD posts flat Q3 net profit
“Both Dubai and Emirates NBD are well placed to deal with the regional challenges stemming from a lower oil price environment,” said Mr Nelson. Emirates NBD is banking on more digital programmes, with an increased focus on online and mobile banking services.
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