Tuesday 2 September 2014
 
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Dubai

ENBD eyes capital-boosting bond sale

Emirates NBD (ENBD), Dubai's largest lender, plans to sell a benchmark-sized capital-boosting bond, a document from lead managers said on Monday, looking to take advantage of favourable markets to strengthen its reserves. ENBD

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Dubai’s maritime competitiveness showcased

The latest updates and achievements in the effort to boost Dubai’s maritime competitiveness was showcased at a recently Dubai Maritime City Authority (DMCA) meeting in the emirate. Sultan Bin Sulayem, chairman of Dubai Ports

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Dubai residential property prices up 34pc

Residential property prices in Dubai, UAE, posted solid growth in July with a 34.5 per cent year-on-year increase over the same period last year, said a report. The Dubai Residential Property Sales Price Index for all residentials incre

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Nakheel opens first community retail centre in Dubai

Nakheel, a leading Dubai-based developer, has officially opened Jumeirah Park Pavilion, the first of five community retail malls under way at Nakheel developments across Dubai, UAE. The Jumeirah Park Pavilion, the first new projec

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Nakheel opens first community retail centre in Dubai

Nakheel, a leading Dubai-based developer, has officially opened Jumeirah Park Pavilion, the first of five community retail malls under way at Nakheel developments across Dubai, UAE. The Jumeirah Park Pavilion, the first new projec

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Dewa starts work on $46m water pipeline network

Dubai Electricity and Water Authority (Dewa) has commenced work on a 25-km water pipeline network across the city in the UAE. The Dh170 million ($46.2 million) project will connect 17 locations with the main transmission lines to increa

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Dubai sees drastic drop in thalassemia cases

The number of new cases of  thalassaemia in newborns in Dubai, UAE has drastically reduced due to rise in awareness levels, said a top health official. Dr Khawla Belhoul, director of Dubai Health Authority’s Thalassaemi

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Dubai's Meraas ‘seeks up to $4 billion loan’

Meraas Holding, a state-owned property firm that is developing some of Dubai's most ambitious real estate projects, is in talks with banks to raise up to $4 billion, sources aware of the matter said on Monday. The emirate in t

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Islamic Economy Awards attract global submission

The Dubai Islamic Economy Development Centre (DIEDC) has invited nominations across eight categories for the Islamic Economy Awards 2014, and have had a high uptake from international and local companies. The submissions of nomina

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GCC sukuk industry shows massive growth potential

The Sukuk industry in the Gulf Co-operation Council (GCC) region is set to be one of the fastest growing segments of the Islamic finance industry with huge growth potential, particularly in Dubai, UAE, said a report. The Dubai Cha

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