Sunaina Rana / Emirates Business Fluctuating oil prices have triggered diversification in the UAE market. However, the Economist Intelligence Unit (EIU) forecasts real GDP growth in the UAE to an average 3.6 percent per annum between 2015 and 2019, marking a decline from the 4.6 percent growth experienced in 2014. The Deloitte’s ‘Real Estate Middle East’ report predicts that ...
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RITIKA SHARMA / Emirates Business Islamic Economy is considered not just the fastest growing segment of global economy, but it is also being seen as a novel sector for developed economies to invest in. Experts believe that the Islamic Economy can find solutions for modern world’s problems ranging from income disparities to other plights that have led to several ...
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ABU DHABI / Emirates Business The General Secretariat of the Supreme Legislation Committee (SLC) is celebrating the Holy Month of Ramadan with a series of interactive charitable and humanitarian activities reflecting the values of affability, compassion, and deep sympathy as taught by the virtuous Islam. The SLC, represented by the Innovation and Creativity Team, took part in the “Reading ...
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Abu Dhabi / Emirates Business UAE’s leading financial institution, Mashreq is in partnership with Arady Properties, an experienced Real Estate company set to launch the UAE’s first Qualified Investor Real Estate Fund which will be registered in the DIFC. The Sharia’h Compliant fund’s strategy will be the acquisition of select, income generating, diversified assets across the GCC with a ...
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Abu Dhabi / Emirates Business Designed to further enhance the passenger experience at Abu Dhabi International Airport (AUH), Abu Dhabi Duty Free has launched its website, www.ADDF.ae, to enable travellers to browse and shop online from where ever they are, prior to their arrival at the airport. The online store, which initially offers around 1000 of the most popular ...
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Sharjah / Emirates Business Souq Al Jubail, a project of Sharjah Asset Management property and the largest fresh produce market in Sharjah, has allocated a dedicated space for products designed by inmates of the Sharjah Punitive and Correctional Establishment. The move is part of the management’s efforts to boost partnership with government parties in the Emirate of Sharjah and ...
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Dubai / Emirates Business iMall, Sharjah’s newest mall, developed by Nice Home Real Estate — one of the leading real estate developers in the emirate of Sharjah — is all set to open its doors on June 30, with grand opening celebrations commencing on day one of Eid al-Fitr. Spread over a built-up area of 125,000 sq. ft., ...
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Dubai / Emirates Business Dubai has recorded continued progress and retained its position as the most transparent real estate market in the Middle East and North Africa (MENA) region, according to JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (GRETI). The Emirate placed (48th) out of 109 markets covered globally to remain in the ‘Semi-Transparent’ category, ...
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Abu Dhabi / WAM The Masdar Institute of Science and Technology (MIST) on Wednesday announced it has moved up to the 14th spot overall in the 2016 US News and World Report Best Arab Region Universities Rankings, up from the 23rd position last year. The research-based institution has also edged up to fifth spot in the ‘Energy’ field, eighth in Chemistry, ...
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Dubai / Emirates Business Dhofar Global, a leading supplier of hygiene care products in the Middle East, received the BIZZ 2016 Award presented annually by the World Confederation of Business (WORLDCOB), a leading organization that encourages worldwide business development. The award, which was given in recognition of the company’s business excellence, was received by Dhofar’s Group COO, Michael Anthony ...
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