Dubai: There was a marginal drop in net profits for Dubai Investments in the first three months — at Dh289 million — compared with the Dh298 million a year ago. Total income for the period also dropped, to Dh697 million from Dh715 million in the first …
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Dubai International Arabic Calligraphy Exhibition successfully concludes its ninth edition
Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has successfully concluded the ninth edition of Dubai International Arabic Calligraphy Exhibition, which is held under the patronage of His …
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Mega sale in Dubai, get up to 90% discount
… is pulling out all the stops for the new retail event with the support of Dubai’s retailers to ensure that shoppers enjoy a rewarding experience across diverse business segments from apparel to electronics, jewellery to fashion accessories, homeware …
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Emaar, DPG to install Dubai Lamp in upcoming projects
Dubai Municipality has signed agreements with two major real estate developers Emaar and Dubai Properties Group (DPG) to boost co-operation in the field of energy conservation, said a report. As per the MoUs, the duo will install the energy-efficient LED …
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Dirhams & Dollars – Episode 9: French election mayhem & Opec’s price battle
Dubai: In this episode, the Business team discusses some of the biggest headlines in the week ahead, starting with the French presidential elections. Business reporters, Ed Clowes and Sarah Diaa, talk about what the outcome of the elections will mean for …
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Rixos Premium Dubai opening next week
The Rixos Premium Dubai – Rixos’ second property in the city and third in the UAE – will open its doors on Jumeirah Beach Residence on May 15. The 443-room resort features a Nature Land Spa and Turkish Hammam (male and female), adults/kids pool …
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Dubai gold drop continues, 24k priced at Dh149.25
Dubai gold was priced at Dh149.25 for 24k, a slight drop from last week. 22k gold is priced at Dh140 in the city. Spot gold rose 0.3 percent to $1,230.88 per ounce as of 0401 GMT, after touching 1,224.86 earlier in the session, its lowest since March 17.
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Motorists win cars for good driving in Dubai
Dubai: Two Emiratis on Sunday won two cars under the white points … One of the winners, 45-year-old Bilal Atiq, an employee of Roads and Transport Authority, told Gulf News: “I was shocked when I received a call from UAE’s top cop praising my good …
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Shatrughan Sinha honoured in Dubai
Bollywood actor and Indian parliamentarian Shatrughan Sinha was felicitated on Sunday evening at the Dusit Thani Hotel in Dubai by prominent Indian community members in the UAE for receiving the Filmfare Lifetime Achievement Award 2017. Sinha, whose 2016 …
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Dubai Buildings to be Lit Up with “World’s Most Efficient” LED lamps
… Properties Group (DPG), will install the Dubai Lamp, said to be “the world’s most energy efficient commercially available LED lamp,” at their upcoming real estate projects, according to state news agency Wam. Under the four-year agreement …
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Gulf carrier Etihad Airways names veteran exec interim CEO
DUBAI, United Arab Emirates — The parent company of Etihad Airways has tapped one of its own executives to take over for the outgoing CEO who oversaw the Gulf carrier’s aggressive expansion and acquisition spree. The Etihad Aviation Group board of …
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New Website Launched To Boost Dubai Golf Tourism
Dubai today unveiled a new website to enhance awareness of the world-leading, premium golf destination that convenes – for the first time in one place – everything visitors and tour operators need to know about experiencing golf in the city. Launched …
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Shah Rukh Khan, Kabir Khan collaborate to shoot Dubai tourism promotional film
Superstar Shah Rukh Khan has collaborated with director Kabir Khan to shoot the sequel of #BeMyGuest, a promotional film produced by Dubai’s Department of Tourism and Commerce Marketing. This is the second film that Shah Rukh is shooting for to promote …
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Dubai port operator confirms crane “incident,” scores injured
DUBAI, May 8 (Xinhua) — Dubai Ports (DP) World said here on Monday in an e-mailed statement that a crane “incident” on Thursday at Jebel Ali Port in Dubai injured 10 people. The statement said a container vessel of French shipping company CMA CGM collided …
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MIDEAST STOCKS-Dubai’s Drake & Scull continues heavy losses, region mixed
Dubai’s DSI was down 5 percent to 0.379 dirhams after an hour of trade, heading to a 14 month low. The stock plummeted 9.9 percent on Sunday on news that at a shareholder meeting at the end of last week the company had increased its write off by up to 722 …
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Dubai Investments records net profit of AED 289 million in Q1 2017
Dubai Investments PJSC [DFM: DIC], the leading, diversified investments conglomerate listed on the Dubai Financial Market, has announced net profit of AED 289 million in the first quarter of 2017, compared to AED 298 million for the same period last year …
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Dubai International Financial Centre drives institutional real estate investment through Memorandum of Understanding with Dubai Land Department
Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa and South Asia (MEASA) region, has signed a Memorandum of Understanding (MoU) with the Dubai Land Department (DLD) to allow entities based in the Centre to …
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