Business & Money | Thursday 4 August, 2016 7:00 am

Dubai Properties boosts UAE Residential Market with ongoing Mudon Phase 2 handover

Dubai Properties (DP) has announced that the Mudon project, a master-planned residential community in DUBAILAND, is currently undergoing a Phase 2 staged homeowner handover which is scheduled for completion by October 2016. The handover of close to 400 units will cater to the unprecedented customer ...

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Business & Money | Thursday 4 August, 2016 5:39 am

Third Global Islamic Economy Summit will be held in October in Dubai

The Dubai Islamic Economy Development Centre and Dubai Chamber of Commerce and Industry, announced the organisation of the third Global Islamic Economy Summit (GIES) to be held at Madinat Jumeirah on October 11 and 12, 2016 with Thomson Reuters as Strategic Partner.   Themed...

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Business & Money | Thursday 4 August, 2016 5:02 am

Emirates NBD Saudi Arabia PMI™

The expansion of Saudi Arabia’s non-oil private sector picked up speed in July, as highlighted by the strongest improvement in business conditions since last November. Output growth was particularly sharp, while new orders also increased at a faster pace. The improvement in demand was...

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Business & Money | Thursday 4 August, 2016 4:23 am

Dubai Silicon Oasis Authority Fostering Smart City Development Through Innovative Strategies

Using innovative ICT solutions, governments are empowering essential services within a city - economy, environment, health, mobility and governance – to make it more effective and efficient. In the Middle East, Dubai is the leading the way in its implementation of smart city...

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Business & Money | Wednesday 3 August, 2016 1:40 pm

Ajman Free Zone kick-Starts its Latest Product ‘Business Centre’

Ajman Free Zone launches its newest product ‘The Business Centre’, a kick-starter pack for those looking to open up companies within the country. The plan aims to contribute towards aiding entrepreneurs in establishing their companies and increase the rate at which companies start up in ...

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Business & Money | Wednesday 3 August, 2016 1:09 pm


Ras Al Khaimah economic department completes Q1 2016 survey

 The Ras Al Khaimah Department of Economic Development (DED), in cooperation with the Federal Competitiveness and Statistics Authority, has completed its annual economic survey and quarterly survey (first quarter 2016), which ran from 10th April through 16th June. The surveys involved 1200...

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Business & Money | Wednesday 3 August, 2016 12:42 pm

PA Consulting Group Mena Bolsters Cyber Security Capabilities With New Senior Appointment

PA Consulting Group Middle East and North Africa has appointed one of the region’s most influential cyber security experts to join its growing team working to help clients mitigate the human risk in information security.    Lydia Kostopoulos PhD is a global expert in human...

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Business & Money | Wednesday 3 August, 2016 12:28 pm

Fitch affirms ‘A+’ rating for Emirates Islamic

 Emirates Islamic, one of the leading Islamic financial institutions in the UAE,has announced that Fitch, the New York and London-headquartered global ratings agency, has affirmed the bank’s ‘A+’ rating. For the second consecutive year, Fitch has assigned Emirates...

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Business & Money | Wednesday 3 August, 2016 12:25 pm

H.H. Sheikh Ahmed bin Saeed Al Maktoum meets the Board of NAFL

The National Association of Freight and Logistics (NAFL) recently paid visit to H.H. Ahmed bin Saeed Al Maktoum, President of the Department of Civil Aviation, CEO and Chairman of The Emirates Group and Chairman of Dubai World, to introduce their new board, led by their President Ms. Nadia Abdul...

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Business & Money | Wednesday 3 August, 2016 7:56 am

Emirates NBD UAE PMI™

Growth of the UAE’s non-oil private sector accelerated to a ten-month high in July. Sharp expansions of output and new work helped the sector to gather momentum, alongside quicker rises in purchasing activity and employment. Notably, the rate of job creation was the fastest in over a year....

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