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DED-Ajman adopts use of Emirates ID for transactions

The Department of Economic Development – Ajman (DED-Ajman) will start using individuals' Emirates ID for transactions and processes made at its customer happiness centres located across the emirate. The move is aimed at

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Oman's real estate deals hit $3.8bn in H1

Oman's real estate sector witnessed solid growth in the first half, netting RO1.5 billion ($3.88 billion) from a total of 208,966 transactions during the six-month period, said a report. Interestingly, out of this figure, a re

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DGCX posts record volume of transactions in May

The Dubai Gold and Commodities Exchange (DGCX) witnessed its best month ever in May, recording volume of 2,163,598 lots valued at over $46.11 billion.    Throughout May an average of 94,069 contracts traded

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DGCX posts record volume of transactions in May

The Dubai Gold and Commodities Exchange (DGCX) witnessed its best month ever in May, recording volume of 2,163,598 lots valued at over $46.11 billion.    Throughout May an average of 94,069 contracts traded

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Dubai's Q1 real estate transactions hit $16bn

The Dubai Land Department (DLD) has revealed that real estate transactions in the emirate for the first three months of 2018 surged to more than Dh58 billion ($15.7 billion) through 13,759 sales.   According to t

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RTA's e-taxi fare transactions hit new high in 2017

Dubai's Roads and Transport Authority (RTA) has announced that the taxi fare transactions recorded by the Dubai Taxi Corporation and its franchise companies, and paid through NoL and credit cards has surged to Dh2.21 million ($601,651) in 20

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RTA's e-taxi fare transactions hit new high in 2017

Dubai's Roads and Transport Authority (RTA) has announced that the taxi fare transactions recorded by the Dubai Taxi Corporation and its franchise companies, and paid through NoL and credit cards has surged to Dh2.21 million ($601,651) in 20

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Online transactions up 22pc in Middle East

The regional payment industry saw an overall 22 per cent increase in online transactions during 2016, led by strong growth in Saudi Arabia, Egypt and the UAE, showing 27 per cent, 22 per cent and 21 per cent year-on-year growth, respectively, ac

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Dubai real estate transactions top $106bn in 18 months

Dubai Land Department (DLD) has announced that the total value of  real estate transactions in the emirate exceeded Dh390 billion ($106.18 billion) covering 95,000 deals in the 18 months from January 2016 to July, 2017. Sulta

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Dubai Customs delivers 4.5m transactions in H1

Dubai Customs processed 4.5 million transactions in the first half of 2017, posting a growth rate of 4.5 per cent compared to the 4.3 million transactions scored in the same period last year, said DP World Group chairman. Sultan A

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