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DUBAI NEWS

Dubai grew 2.7% in 2016, 3.1% growth expected in 2017
H.H. Sheikh Ahmed asserted that sustainability and flexibility are the most notable characteristics of Dubai’s ongoing economic and social transformation under its wise and devoted leadership.

Catch Team ’Raees’ in Dubai on January 21-22
Bollywood superstar Shah Rukh Khan and the crew of the upcoming Blockbuster Bollywood film ’Raees’ will be in Dubai on January 21-22 to promote the film, releasing on January 25 all over GCC.

JESSIE J to perform at Mall of the Emirates for Fashiontainment during DSF
Music meets fashion on January 20 as Jessie J performs live on the fashiontainment runway.

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DUBAI FEATURES

Visiting Dubai’s best festivals for 2017

A vibrant metropolis that brims with energy and effervescence, Dubai is a popular tourist hotspot for anyone looking to escape, and then explore a new direction with their next breath. Beloved by all who visit, Dubai is a city in which east and west stand side by side without compromise to cultural traditions and identity; a city where glamor and fashion are as easily accepted as history and heritage. Although Dubai is renowned for its striking architecture and fashionable heart, its magnificent tourist attractions and its beautiful coastal landscape, the city also boasts a number of major events and festivals throughout the year. These celebrations have the power to unite crowds and attract visitors from around the world, and another new year is only just getting started.

Widespread fragmentation in a mixed market environment

The residential sector experienced further modest declines in rentals during Q4 2016, with a 1% dip in average leasing rates recorded according to the Dubai Annual Market Update Report by global real estate advisor, CBRE. Mat Green, Head of Research & Consultancy UAE, CBRE Middle East said, “With an expanding pipeline of new units, current deflation trends are likely to continue throughout 2017, with many new homes set to complete. However, there are signs that the transactional market is once again stabilising with no major change in average sales rates noted during the past two quarters, although on a year-on-year basis, residential values have still fallen by an average of 5%.


Dubai Financial Services Authority publishes findings of Trade Finance Review In Dubai International Financial Centre

The Dubai Financial Services Authority (DFSA) published a Trade Finance Report detailing key findings of a review of trade finance activities carried out in and from the Dubai International Financial Centre (DIFC). The review assessed the quality of systems and controls, in particular measures to mitigate trade-based money laundering risks, at banks and other financial service providers in the DIFC. The report notes that trade finance has grown in the DIFC over recent years. While the report shows that in general trade finance is conducted satisfactorily, it highlights several improvement opportunities surrounding trade finance risks. The report also contains a list of recommended best practices that firms engaged in trade finance activities are encouraged to implement. In particular the report notes the importance of guarding against financial crime. 


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ABU DHABI NEWS

Toyota to participate in collaborative research for the creation of a hydrogen-based society in the UAE
As part of the programme, Toyota will begin driving and refueling demonstration tests of the Mirai fuel cell vehicle, FCV, in the UAE from May, 2017.

Paris-Sorbonne University Abu Dhabi participates in the International Water Summit 2017
The International Water Summit is an important platform for Sorbonne Abu Dhabi and its faculty to share their insights about the latest trends in the water field.

28 French companies participate in Abu Dhabi Sustainability Week 2017
Twenty-eight businesses from France are participating in the Abu Dhabi Sustainability Week 2017, which is currently being held at the Abu Dhabi National Exhibition Centre.

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ABU DHABI FEATURES

Leading U.S. think tank partners with Abu Dhabi to launch inaugural Global Energy Forum

The Atlantic Council, a leading Washington, D.C.-based think tank, will bring together energy leaders to discuss the sector’s most pressing issues in the inaugural Atlantic Council Global Energy Forum, taking place on January 12-13 at Four Seasons Hotel Abu Dhabi at Al Maryah Island. It marks the first time the Atlantic Council will host an event in the GCC. Held under the patronage of His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and in partnership with the Ministry of Energy, Abu Dhabi National Oil Company (ADNOC), Mubadala, IPIC and Masdar, the two-day event will bring together approximately 350 leading energy voices from the region and around the world. 


Abu Dhabi Crown Prince donates $10 mln to Morocco’s Mohammed V Foundation

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has donated US$10 million in support of Morocco's Mohammed V Foundation for Solidarity. In a statement, the foundation described H.H. Sheikh Mohamed's financial support, which equals 100,350,000 Moroccan dirhams, as generous, and said it will be used in social projects supporting underprivileged people.


Abu Dhabi HSBC Championship

The 2017 edition of the Abu Dhabi HSBC Championship will take place 19th - 22nd January at Abu Dhabi Golf Club. Tickets and tailored packages are available from www.ticketmaster.ae/artist/abu-dhabi-hsbc-championship-tickets/929325 at AED50 for a daily pass and AED150 for a four-day pass. Guests staying at any Abu Dhabi hotel over the Championship period enter free. For more information, visit www.abudhabigolfchampionship.com.


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SHARJAH NEWS

 
With 350 Exhibitors From 28 Countries, "SteelFab" Kicks Off At Expo Centre Sharjah
Sheikh Khalid bin Abdullah Al Qasimi took a tour through the pavilions of the exhibition, visited its various sections and reviewed some of the cutting-edge products and technologies of iron and steel industry.

Sharjah Provides Emirati Families With More Than 42,000 Home Libraries Comprising 2.1 Million Books
In a unique global initiative, the Emirate of Sharjah has provided 2.1 million books to Emirati households as part of the Home Library project. Each of the 42,366 libraries consists of 50 books donated by Knowledge without Borders, the Sharjah-based cultural initiative.

Shurooq And Dubai SME Form Pioneering Partnership To Develop UAE’s SME Sector
Under the MoU the two sides will work together to foster the entrepreneurial spirit in Dubai and Sharjah and achieve the vision of the respective emirates of enabling SMEs to be major drivers of economic, social and cultural development.

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SHARJAH FEATURES

Photography in Sharjah

Sharjah as the name sounds it is the place to be this is a place where history is locked a place where even the smallest moments can never be forgotten. This small place has a bigger reputation of an enormous city according to UNESCO Sharjah was the best and crowned as the cultural capital of the Arabs world in the year 1998, Sharjah is a blend of the old and new it is a city that is based in the heart of the Arabian Gulf.it has the best hotels, authentic mosques. In addition, it has the best laid out parks and gardens. The best thing about Sharjah is the museums and the local history based on the place, the museum is well-maintained such that you can access fossils over 80 million years.


Why Binary Options Sites Are So Popular?

Binary options are a form of fixed-odds betting on movements in financial markets. In simple terms, Binary options are tradable options that simply require you to predict which direction the price of an asset will move. Typically a trade in binary options involves a simple question of whether an event will happen or not, for example, will the price of a particular share or asset go up.


Sharjah, UAE Offer Attractive Opportunities At 2nd FDI Forum

Sharjah has secured a distinct economic and investment reputation, emerging as a key engine of growth and an attractive economic destination not only in the UAE, but in the region as a whole.


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