Friday 29 April 2016
 
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development

Dubai to offer 20,000 to 30,000 budget rooms by 2020

The influence of millennials and their preference for quality over luxury, as well as the rise of a new breed of trendy and tech-friendly mid-market hotel brands, was the focus of a dedicated PwC-hosted panel session yesterday (April 27).

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Sobha to launch residential island development in UAE

Sobha Group, a leading luxury real estate developer, has announced the launch of “Firdous Sobha”, an integrated world-class resort and residential island development in Umm Al Quwain. Aimed at setting new heights in de

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New business park, mall project to open in Oman

A top official at Omran, Oman's tourism development and investment company, has unveiled that the country is going full steam ahead on its infrastructure development with plans for a major business park and signature mall project set to make

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Development banks urged to put more energy into power for poor

The World Bank and other major development banks are investing far too little in getting electric power to poor people around the globe, and should allocate at least half their energy budgets to such projects, environmental groups said.

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DGCX inks product development pact with ICBC

The Dubai Gold and Commodities Exchange (DGCX) has signed a deal with the Industrial and Commercial Bank of China to collaborate in areas of product development.   The memorandum of understanding (MoU) also inclu

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DGCX joins forces with Agricultural Bank of China

The Dubai Gold and Commodities Exchange (DGCX) has inked a pact with the Agricultural Bank of China (ABC)-DIFC Branch, a leading state-owned commercial bank in China.   The development further cements the strateg

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UAE announces $408m new development projects

The UAE government plans to develop 17 new projects worth Dh1.5 billion ($408 million) during the 2016-2017 period in the Eastern region. The announcement was made by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Pr

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UAE to promote R&D in public sector at AIM 2016

The UAE Ministry of Economy will be promoting research and development in the public sector at the Annual Investment Meeting, the world’s largest foreign direct investment (FDI)-focused event. AIM 2016 is being held at the Dubai I

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KAEC to showcase residential land plots at Al Talah Gardens

King Abdullah Economic City (KAEC), a multi-billion-dollar city located on Saudi Arabia's Red Sea coast, is set to showcase its residential land plots in Al Talah Gardens district.   The events will be h

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Agfund International Prize winners honoured

The winners of the 2016 Agfund International Prize for Pioneering Development Projects were awarded at a grand ceremony in Abu Dhabi, UAE.   They were honoured by Prince Abdulaziz bin Talal bin Abdulaziz Al Saud,

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