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| AL Ain Mall adds variety of international brands |
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For a wider and complete shopping experience, Al Ain Mall added more than 135 new stores under its umbrella within its expansion officially opened on the 29th of November, 2011. The new outlets were wisely selected understanding the aspirations of the loyal customers and to provide them with easy and contented shopping. |
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| Dubai apartment rents fall 8% in 2011 - CBRE |
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Dubai's residential real estate market is set to outperform the office sector this year due to "stronger fundamentals" and "solid population growth", CB Richard Ellis said on Sunday. In a new report, it said 2011 ended with mixed signals for Dubai's real estate market. |
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| Dubai International Airport 2nd on Top 10 Halal Friendly Airports |
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Crescentrating Announces the Top 10 Halal Friendly Airports in OIC and non-OIC Countries. The Singapore based world leader in Halal Friendly Travel, announced the top 10 Halal Friendly Airports among the OIC and non-OIC countries. |
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| Abu Dhabi rents likely to continue falling |
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Landlords are being forced to introduce special deals and lower rates in order to attract tenants as new projects come on stream in the capital, a report has said. |
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| Dubai-based businessman buys dudu.com for $1m |
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A Dubai-based businessman has purchased a domain name for his social networking site for a whopping $1 million. The deal was struck after three months of negotiations and brokered by online domain provider Sedo. |
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| Developers make Dubai tenants suffer as greedy landlords fail to pay service fee |
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This Sunday, Nakheel banned residents of more than 1,300 units at Shoreline Apartments in Palm Jumeirah from using the facilities, including beaches, pools and gyms, because their owners had failed to pay the master developer's service fee. |
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| Dubai Duty Free records new daily sales of $24m |
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Dubai Duty Free said its 28th Anniversary on December 20 has broken all records for the operation with the daily sales reaching $24 million (Dh86.75 million) in a 24-hour period. |
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| UAE law to boost new companies in Dubai |
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A draft companies law in the United Arab Emirates, which is expected to allow higher foreign ownership ratios in companies, will boost the creation of new businesses in Dubai, the head of the emirate’s chamber of commerce said on Tuesday. |
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| Dubai Shares Rise on Europe, Dubai Debt, Ending Two-Day Drop |
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Dubai shares rose for the first time in three days on bets European leaders will step up efforts to fight the region’s debt crisis and after a Dubai Holding LLC unit said it will meet a debt repayment in February |
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| Dubai’s Biggest Bank May Need $2.2 Billion to Cover Bad Debt, Goldman Says |
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Emirates NBD PJSC, the United Arab Emirates’ biggest bank by assets, may need to set aside as much as 8 billion dirhams ($2.2 billion) by the end of 2013 to cover for bad loans, Goldman Sachs Group Inc (GS) said. The shares dropped |
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