Qatar’s central bank asks US to investigate Emirati bank accused of waging ‘financial warfare’ against it. Qatar’s central bank has asked US regulators to investigate an Emirati bank that Doha accuses of waging “financial warfare” against it. Qatar claims …
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Top Dubai awards attract strong interest
Business Award and the 2nd cycle of the MRM Business Innovation Award has attracted huge interest from companies in the UAE and GCC, the Dubai Chamber of Commerce and Industry has said. Due to the high volume of applications, the chamber has extended the …
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United Arab Emirates shares lower at close of trade; DFM General down 0.14%
Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Telecoms, Banking and Services sectors propelled shares lower. At the close in Dubai, the DFM General lost 0.14%, while the ADX General index fell 0.21%.
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“Chrome Rabbit” by Bikismo in Dubai, UAE
Our friend Bikismo recently spent some time in the United Arab Emirate where he was invited to paint for the Dubai Canvas 2018 event. The Puerto Rican muralist spent a few days working under the intense heat to create some of his signature imagery for the …
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Children have a blast at Dubai Garden Glow
Tickets to Dubai Garden Glow cost Dh60 per head. Children under three go free. Entry fee to the Ice Park is Dh40. For more details, visit http://www.dubaigardenglow.com/ This content comes from Reach by Gulf News, which is the branded content team of GN Media.
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Abu Dhabi diary: Young guns and UCL draw reaction
The Manchester City squad spent this week in Abu Dhabi, enjoying warm-weather training in a bid to recharge batteries ahead of the final few months of the season. The squad left the UAE’s capital on Saturday after a five-day break, with the majority of …
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Abu Dhabi awards offshore oil concessions to France’s total for $1.45bn
Abu Dhabi National Oil Company has awarded stakes in two offshore concessions to France’s total for Dhs5.3bn ($1.45bn), according to UAE state news agency WAM. The company paid $1.15bn for 20 per cent of the Umm Shiaf and Nasr concession and $300m for 5 …
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Sharjah bans ‘costly’ school homework
The Sharjah Education Zone has banned all schools in the emirate from giving students homework and projects that force their parents to shell out huge amounts of money. The decision comes following a circular issued by the Ministry of Education (MoE).
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Dubai Investment : Investments divests 50% stake in Drive
Dubai: Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has announced that its private equity subsidiary Masharie LLC has divested its 50% stake in Drive Dubai [Dubai International Driving …
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$1m Global Teacher Prize winner in Dubai
Dubai: Andria Zafirakou of Alperon Community School in the UK was declared the winner of the $1 million Global Teacher Prize for 2018 at the sixth annual Global Education and Skills Forum (GESF) held in Dubai. The announcement, will be held at a glittering …
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Egypt, UAE say reject attempts to harm Arab security
Egypt and the United Arab Emirates (UAE) on Sunday reiterated their rejection of attempts to harm the stability of the Arab countries. Egyptian President Abdel Fattah al-Sisi held talks with UAE Foreign Minister Abdullah bin Zayed al-Nahyan, who arrived in …
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Emirates Telecommunications Grop : UAE residents can now enjoy faster WiFi in every room, on every device
Etisalat has bannounced the launch of the UAE’s first home Wi-Fi designed to deliver super-fast, reliable, and non-stop connectivity when deployed in every room. The telco’s new Wi-Fi service called ‘HomeZone’ creates a strong, reliable signal to …
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Dubai Investments divests stake in Drive Dubai
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Dubai Investments offloads stake in Dubai driving school
Dubai Investments is on track with its strategy to “diligently adapt its portfolio and business verticals, with a clear focus on enhancing its investments in specific sectors”, Mr Bin Kalban added. Dubai Investments is a diversified company in which …
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Abu Dhabi signs $1.45B offshore deal with Total
The Abu Dhabi National Oil Co. made the announcement in a statement Sunday. It said Total would be granted a 20 percent stake in the Umm Shaif and Nasr concessions and a 5 percent stake in the Lower Zakum concession, paying participation fees of $1.15 …
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Abu Dhabi awards France’s Total stakes in oil concessions
Abu Dhabi (AFP) – Abu Dhabi state energy company ADNOC said Sunday it had awarded French oil giant Total stakes in two offshore oil concessions, as it looks to boost production by year’s end. Total now holds a fifth of the Umm Shaif and Nasr concession and …
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UAE’s Azizi aims to deliver Dubai mega project ahead of schedule
UAE-based Azizi Developments has announced that foundation works on phases 1 and 2 of its flagship project in Meydan One, which is set to be completed in early 2019, are almost completed. The company said the Azizi Riviera mega project continues to develop …
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