Sunday 23 April 2017
 
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UAE

10 UAE banks report assets of over $475bn in Q1

The total assets of 10 UAE banks jumped to Dh1.75 trillion ($476 billion) by the end of Q1 2017, a 9.3 per cent growth from Dh1.6 trillion recorded over the same period last year, according to a new report. The growth in assets of

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Dubai Municipality opens first UAE Foodbank branch

The first branch of the UAE Foodbank opened today in the Al Quoz area in Dubai. At the opening, Her Highness Sheikha Hind bint Maktoum bin Juma Al Maktoum, the chairman of the UAE Foodbank Board of Trustees, said: “I am extr

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UAE hospitality sector to top $10bn by 2020

Connected visitor technology will drive the UAE’s hospitality market to top $10 billion by 2020, meeting the needs of millions of Expo 2020 Dubai visitors, experts announced today ahead of the Arabian Travel Market. With 25

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UAE takes part in IMF, World Bank meetings

The UAE, represented by the Ministry of Finance (MoF), is participating in the 2017 spring meetings for the International Monetary Fund (IMF) and World Bank Group (WBG) which will be held from April 21-23 in Washington DC. Obaid H

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UAE among top destinations for foreign investments

The UAE has been ranked 21st globally for foreign direct investments (FDI), a report said, highlighting that  FDI inflows reached reaching $11 billion in 2014 and 2015, while greenfield investments nearly tripled to 129 projects.

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Thomson Reuters ends seminar series in UAE

Thomson Reuters, the world’s leading source of news and information for professional markets, concluded the celebration of its 150th anniversary in Mena with the last of its three-day seminar series with UAE-based entrepreneurs.

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TRA, Dubai Police ink pact on information security

UAE’s Telecommunications Regularity Authority (TRA) has signed a memorandum of understanding (MoU) with Dubai Police General HQ to enhance cooperation in fields of information security, and work together to resolve related issues.

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UAE developer Imkan to build new 'heart of Abu Dhabi'

Imkan, a UAE-based real estate developer, has unveiled a new waterfront community, Makers District, featuring a mix of residential, hospitality, commercial and retail space, over a 180,000-sq-m area on Reem Island in Abu Dhabi. Th

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UAE sees healthy oil demand from emerging markets

The UAE sees a healthy level of demand for crude oil in the future from emerging economies in Africa and Asia and the country will remain commercially-minded in its strategic oil investments, said Suhail bin Mohammed Faraj Al Mazrouei, UAE Minis

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15 UAE organisations to participate in Hannover Messe

A total of 15 government and private organisations will exhibit in the UAE Pavilion at the upcoming Hannover Messe, the world’s largest manufacturing industry trade fair, to be held later this month, in Germany. The UAE is s

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