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Emirates Business Property experts, government authorities and real estate developers from the Middle East are reflecting on the last decade of development in the UAE capital as Cityscape Abu Dhabi marks its 10th anniversary edition next month. For the past decade Cityscape Abu Dhabi has gathered industry experts, developers, investors and government officials that have contributed to the development of ...

Damascus / AP Syrian government forces backed by Russian airstrikes drove IS fighters from Palmyra on Sunday, ending the group’s reign of terror over a town whose famed 2,000-year-old ruins once drew tens of thousands of visitors each year. Government forces had been on the offensive for nearly three weeks to try to retake the central town, known among Syrians ...

Makhmur / AFP Thousands of desperate civilians were fleeing fighting on Sunday on the new front opened by Iraqi forces against the IS group south of the city of Mosul. Families crammed in the back of pickup trucks, sometimes bringing dead and wounded with them, emerged from the dust after crossing the front line and were met by Kurdish forces. ...

Idomeni / AFP Hundreds of hopeful refugees flooded back to Greece’s overwhelmed Idomeni camp on the border with Macedonia on Sunday following rumours that the closed frontier would be forced open. The renewed influx came as Greek authorities were trying to evacuate an estimated 11,500 people who were stranded at the squalid camp after Balkan states slammed shut their borders, ...

RITIKA SHARMA / Emirates Business Abu Dhabi’s tourism industry is heading to China next week, visiting five major cities, with a dedicated roadshow which aims to showcase the Emirate to the People’s Republic and reinforce the rapid growth of inbound tourism from the country. A 15-strong delegation, led by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) and comprising ...

TOKYO / Reuters A laggard in embracing the ‘fintech’, or financial technology, revolution, Japan is set to ease investment restrictions that could free up the flow of capital in an economy sitting on an estimated $9 trillion in individuals’ cash deposits. Strict regulation, easy access to credit due to rock-bottom interest rates, and weak demand for innovative financial services from ...

Throughout last year, Abu Dhabi General Services Company “Musanada” delivered 23 development projects with a total cost of approximately AED11.2 billion throughout Abu Dhabi across various sectors including housing, education, buildings, infrastructure, roads, healthcare, etc. “Being determined to serve the community honestly and transparently, Musanada is executing and managing scores of projects according to highest international standards and specifications,” stated ...

Abu Dhabi / Emirates Business Abu Dhabi Commercial Bank (ADCB) on Saturday announced that it has recently won two prestigious Asian Banker awards; “Best Retail Bank in the UAE” and “Best Brand Initiative of the Year” across Asia, Middle East and Africa, which was awarded to the Bank for its pioneering initiative “Ambition Visualized”. ADCB received the awards during the ...

Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, has stressed that Sudan is capable of becoming the food basket of the Arab region and called for joint efforts to promote promising investment opportunities in the country’s agriculture and food industry. He was speaking during a meeting with Ambassador of Sudan to the UAE, Mohammed Amin Abdullah ...

Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority, on Saturday announced that total investments in Dubai Silicon Oasis amounted to AED3.6 billion in 2015. Projects carried out by the DSOA accounted for half of all investments, while foreign investments at the hi-tech park contributed to the remaining half. Sheikh Ahmed bin Saeed, ...