Business & Money | Thursday 12 October, 2017 3:14 pm

Nakheel investment in Deira Islands tops AED7.5 billion as developer inks deal for six marinas

Master developer Nakheel has now invested more than AED7.5 billion in infrastructure and construction at Deira Islands, with the latest – a contract for AED165 million deal to build six marinas – signed this...

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Business & Money | Thursday 12 October, 2017 2:39 pm

Time for banks to analyse approach to tackling money launderers and staying on the right side of regulators

Money laundering continues to cause a major problem for financial services institutions across the globe. PwC’s (PricewaterHouseCoopers) 2016 ‘Global Economic Crime Survey’ revealed that money laundering transactions are estimated at 2% to 5% of the global GDP, roughly USD...

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Business & Money | Thursday 12 October, 2017 12:09 pm

Recorded Off-plan Sales at Cityscape Global Top Aed870 Million

The Dubai Land Department has reported that sales of off-plan properties at this year’s Cityscape Global totalled more than AED870 million, with a steady stream of sales expected in the coming month off the back of the event’s success, which the show organisers report welcomed 45,500...

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Business & Money | Thursday 12 October, 2017 9:34 am

More than 45,000 participants attended Middle East’s leading real estate property showcase

The Dubai Land Department has reported that sales of off-plan properties at this year’s Cityscape Global totalled more than AED870 million, with a steady stream of sales expected in the coming month off the back of the event’s success, which the show organisers report welcomed 45,500...

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Business & Money | Thursday 12 October, 2017 6:53 am

wasl connects lease contracts to ‘Blockchain Technology’ in coordination with DLD

wasl Asset Management Group, Dubai Land Department (DLD), Dubai Electricity & Water Authority (DEWA), the Smart Dubai Office, Emirates NBD, and the General Directorate of Residency and Foreigners Affairs (GDRFA) have jointly announced the launch of a new electronic services system for...

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Business & Money | Thursday 12 October, 2017 6:41 am

Avaya Customer Engagement Solutions Help Taiwan Bank Go All-Digital

O-Bank becomes Taiwan's first, digital from Day One digital commercial bank   Avaya announced today its communications technologies have helped O-Bank (Wangdao) become Taiwan'sfirst, all-digital, online-only bank. Supported by Avaya multi-channel Customer Engagement...

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Business & Money | Thursday 12 October, 2017 6:26 am

Saudi Arabia in the midst of unprecedented economic transformation: Al-Jadaan

Minister of Finance Mohammed Al-Jadaan said that the Kingdom is in the midst of an unprecedented economic transformation thanks to the Vision 2030. He made the remarks in a speech at the Saudi Investment Forum hosted by J.P. Morgan in New York on Tuesday. Addressing the gathering of...

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Business & Money | Thursday 12 October, 2017 12:44 am

Bupa Arabia…A Two Decade Success Story of Leadership in the Health Insurance sector

As it enters its 20th year in the making, Bupa Arabia for cooperative insurance celebrated its incredible leadership in the health insurance field. This anniversary emphasizes the important strategic position of Bupa Arabia in the Saudi Arabian market as one of the most significant & creative...

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Business & Money | Thursday 12 October, 2017 12:39 am

Arabal 2017 Promises to Put the Middle East’s Aluminium Industry in the Spotlight

Sohar Aluminium, the host and organizers of the 2017 Arab International Aluminium Conference (ARABAL), have announced the full programme for the upcoming global industry event. Set to take place in Muscat from November 7th – 9th 2017, it will comprise of a two-day conference and exhibition...

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Business & Money | Wednesday 11 October, 2017 3:36 pm

Swicorp Launches “Swicorp Bawabat Makkah Real-estate Development Fund”

Swicorp has launched “Swicorp Bawabat Makkah Real-estate Development Fund”, a Public, Closed-ended, Real Estate Investment Fund, Sharia’h compliant and approved by the Capital Market Authority of Saudi Arabia by order No. D/3/5/248/17 dated 26/4/1438 H. The Fund size is SAR...

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