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DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, presided over the swearing-in of nine new judges of the Dubai Rental Dispute Settlement Centre at a special ceremony held at the Za’abeel Palace in Dubai. His Highness Sheikh Mohammed wished the judges success in their new roles. He highlighted the ...
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July, 2023
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25 July
Apple aims to keep iPhone shipments steady despite 2023 turmoil
BLOOMBERG Apple Inc is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before, according to people familiar with the matter. The Cupertino, California-based company is aiming to hold shipments steady despite tumult in the global economy and a projected decline in the overall smartphone market. It’s likely to ...
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25 July
Twitter turning into X is set to kill billions in brand value
BLOOMBERG It’s rare for corporate brands to become so intertwined with everyday conversation that they become verbs. It’s rarer still for the owner of such a brand to announce plans to intentionally destroy it. Elon Musk decreed that Twitter’s product name would be changed to “X,†and that he is getting rid of the bird logo and all the associated ...
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25 July
Museum of the Future to host renowned artist and researcher Sougwen Chung
DUBAI / WAM The Museum of the Future is set to host the upcoming talk as part of the ‘Future Experts’ monthly series. The next session will take place on Thursday, where expert Sougwen Chung will cover topics in artificial intelligence and technology, robotics, virtual reality and biofeedback. Under the theme of ‘Seeing Double: Bridging Dualities with Relational Intelligence’, the ...
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24 July
Ebarza introduces intelligent space saving solutions for every home
ABU DHABI / GULF TIME Home properties in the UAE are now more popular than ever. With the booming real estate market, and attractive new constructions, investors and tourists are flocking from around the world to the country. Hoping to make the transition from a new property to a home even faster, Ebarza has announced the launch of its exclusive ...
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24 July
Bloom Holding introduces Bloom Arjaan by Rotana Hotel Apartments with up to 8% return on investment over five years
ABU DHABI / GULF TIME Bloom Holding, one of the UAE’s foremost real estate development companies, has announced a guaranteed annual return on investment of up to 8 per cent over five years for its hotel apartments at Bloom Arjaan by Rotana. Only a limited number of premium units are available for investment. Located in Bloom’s prestigious Park View on ...
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24 July
UAE’s Minister for Foreign Trade elected as Chair of WTO’s 13th Ministerial Conference
GENEVA / WAM The General Council of the WTO has elected Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, as Chair of the World Trade Organisation’s 13th Ministerial Conference (MC13) on Monday. The ministerial conference, attended by leading representatives from the 164 countries and customs blocs that make up the WTO, will take place in Abu ...
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24 July
Abu Dhabi realty sector witnesses 363% surge in FDI inflows in H1
ABU DHABI / WAM The Department of Municipalities and Transport (DMT) announced that foreign direct investment (FDI) in the individual category within Abu Dhabi’s real estate sector has soared to AED834.6 million during the first half of 2023, achieving a record growth rate of 363% compared to the corresponding period last year. According to data released by the DMT, the ...
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24 July
Mohammed bin Rashid gifts Iraqi youngest female rider a group of horses, directs her support to set up an equestrian training centre
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has gifted a herd of horses to the youngest Iraqi horse rider, Lania Fakher, following the loss of her mare. Sheikh Mohammed has also directed to support the Iraqi youngest rider to establish an equestrian training centre. ...
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24 July
Sharjah Islamic Bank’s net profit rise 37% in H1 of ’23
SHARJAH / WAM Sharjah Islamic Bank (SIB) announced an increase in its operating profit before provisions by 31%, reaching AED 648.7 million for the first half of 2023, compared to AED 497.2 million for the same period in the previous year. The bank’s net profit amounts surged to AED 494.6 million for the first half ended on June 30, showing ...
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