Dubai

Audi, Porsche and Volkswagen distributor set to expand in UAE

Al Nabooda Automobiles had set plans to expand its German car imports operations in Dubai and Sharjah.

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Dubai firm to put up LNG factory in the Philippines

Kampac International Chairman Charles Ampofo lauded the Philippines' economic growth.

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DFM has a new chairman

Upon appointment of the Dubai ruler, the Dubai Financial Market has a new chairman in Essa Kazim.

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Islamic Development Bank planning sukuk programme at Dubai

In choosing Dubai, the Jeddah based Islamic Development Bank is ensuring the success of its first ever sukuk issue in the Middle East.

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Deyaar to invest in two new towers in Dubai's Business Bay District

In an interview with Bloomberg, Deyaar Properties CEO Said Al-Qatami confirms the investment in buildings located in Dubai.

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Al Habtoor Group plans USD 3 billion real estate investment in Dubai

The Al Habtoor Group would be investing USD 3 billion in a real estate development in Dubai.

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Dubai plans to be an Islamic business hub- report

A Reuters report said Dubai made its plans public to become the center for Islamic business and sukuk issuance in the world.

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Dubai market eyed by Asian investors

Dubai is being eyed for a USD150 billion investment push from Asian institutional investors.

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Abu Dhabi and Dubai set to merge bourses

In a move to revitalize the UAE financial market, the Dubai and Abu Dhabi regulatory authorities are exploring ways to merge their bourses.

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KKR and Abraaj jockeying for 60% of Kudu

Kudu, the Saudi Arabian fast food chain, had opened bidding for 60% of its shares with KKR and Abraaj as the firms front running for the bids.

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Dubai and other Gulf indices climb after US-Russia deal on Syria stockpile was finalized

The stock markets of the Middle East breathed a sigh of relief as the US-Russia agreement on Syria's chemical weapons averted a military strike.

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Property expert calls out possible property market bubble burst in Dubai

propertyfinder.ae CEO and founder said that another property price bubble is in the making in Dubai.

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J.P. Morgan: Dubai could raise US$1 billion from telecoms share sales

According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.

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Meraas and Emaar Properties to Form Joint Venture

Meraas Holding and Emaar Properties announced an engaged joint venture for the development of a premium lifestyle community, Dubai Hills Estate.

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Dubai Shares Increased to Its Highest after HSBC Strengthens MSCI Bets

Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.

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