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November 27, 2016 Local News
Abu Dhabi / Emirates Business Etisalat is offering free access to its super-fast ‘UAE WiFi by Etisalat’ network. All UAE residents can benefit from the promotion across major locations in the country including malls, cafes, beaches and parks from November 30 to December 3. This is part of Etisalat’s 45th UAE National Day celebrations. Customers can experience high speeds ...
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November 27, 2016 Local News, Uncategorized
Dubai / Emirates Business Dubai Parks and Resorts on Sunday announced that its #DPR NationalPride tickets sold out in less than two hours giving 27,000 guests the chance to experience LEGOLAND Dubai and Bollywood Parks Dubai at the National Day anniversary equivalent price of 45 AED. Last week, Dubai Parks and Resorts confirmed it will celebrate UAE National Day ...
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November 27, 2016 Local News, Uncategorized
Abu Dhabi / Emirates Business In a new survey by Bayt.com titled ‘Top Cities in the Middle East and North Africa’, both Abu Dhabi and Dubai ranked the highest for cities to live in. The ranking was based on several factors including economic, environmental, standard of living, socio-cultural, and entrepreneurship factors. The survey determined that the top 10 cities ...
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November 27, 2016 Local News
Sharjah / Emirates Business Average rents in Sharjah are still 38% cheaper than in 2008, as additional supply keeps rates from increasing rapidly, according to the UAE Property Review Q3 2016 report from leading real estate consultancy Asteco. The report revealed the Northern Emirates property market is stable. Sharjah apartment rents saw minimal changes in Q3, down by only ...
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November 27, 2016 Local News
Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), on Sunday organised patriotic festivities in observance of the 45th National Day of the UAE. ADFD exemplified UAE pride, glory and triumph with a series of traditional activities and Memorabilia Museum. On this occasion, His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development ...
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November 27, 2016 Local News, Uncategorized
Dubai / Emirates Business World leaders and official government delegations attending the recently concluded 22nd session of the Conference of Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC) in Marrakech renewed their commitment to translating the outcomes of the Paris Climate Agreement into concrete steps and successful projects towards reducing the impact of global warming ...
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November 27, 2016 Banking
Bloomberg The Reserve Bank of India told lenders to set aside more deposits as reserves to curtail surging banking system liquidity that risks stoking inflation. Banking system funds have surged after Prime Minister Narendra Modi banned 500 rupee ($7.30) and 1,000 rupee notes in a bid to curb graft and ordered people to deposit the money in banks. That ...
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November 27, 2016 Banking
Bloomberg One of the biggest priorities for Argentina’s banks will be convincing tax evaders who accepted an amnesty deal and declared $7 billion of cash to keep their money in the country, said BBVA Banco Frances SA Chief Executive Officer Martin Zarich. Argentines can choose to either pay a 10 percent fine, or buy into government bonds and closed-end ...
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November 27, 2016 Banking
Bloomberg The chairman of the biggest Nordic bank says Donald Trump’s election win is good news for the US economy, thanks to the real estate mogul’s pledge to deliver tax cuts and deregulation. “Based on the expectation that the American President and Congress are likely to act on taxes, and perhaps on regulation as well, I think there is ...
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November 27, 2016 Banking
Bloomberg Zimbabwe will release dollar-backed bond notes with a daily withdrawal limit of $50 on November 28, the central bank said, as the Southern African nation grapples with a shortage of currency. “The bond notes will be released into the market through normal banking channels in small denominations of $2 and $5 to fund export incentives of 5 percent ...
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