Business & Money | Tuesday 18 October, 2016 8:48 am

This Week: U.S. Earnings, ECB meeting, Chinese GDP and final presidential debate

Written by Hussein Sayed, Chief Market Strategist at FXTM Asian shares reversed early gains on Monday while the greenback held steady at its highest levels in seven months in what seemed to be a slow start for a busy week.   U.S. equities received a boost on Friday after three major...

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Cars & Autos | Tuesday 18 October, 2016 2:34 am

AUDI AG closed the first three quarters with growth

AUDI AG closed the first three quarters with growth despite the difficult market environment: In September, the brand increased its deliveries by 1.7 percent to around 173,850 units compared with the strong prior-year month. Demand especially in Europe (+6.3%) and North America (+4.1%) played its...

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Business & Money | Monday 17 October, 2016 3:46 pm

Knowledge and innovation to remain Dubai's priority - Sheikh Hamdan

A new report produced by the global publishing, research and consultancy firmOxford Business Group (OBG) highlights the latest developments in Dubai’s drive to create a knowledge-based economy.   The Report: Dubai 2016 maps out the milestones that are paving the way...

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Business & Money | Monday 17 October, 2016 7:46 am

ValuStrat issue Q3 2016 Dubai Real Estate Market Report

The third quarter 2016 real estate review issued by leading local consulting firm ValuStrat –has shown that half of the freehold apartment locations monitored by the ValuStrat Price Index have initiated a gradual price recovery, whilst most freehold villa locations witnessed a continued...

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Business & Money | Sunday 16 October, 2016 12:41 pm

NCB’s net income reached SR 7,030 million for the nine months of 2016

The National Commercial Bank announced the net income for the nine month of 2016 reached SR 7,030 million compared to SR 6,963 million for the same period of the previous year, an increase of 1%, NCB net profit for the third quarter reached to SR 1,962 compared to SR 1,994 million for the same...

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Business & Money | Thursday 13 October, 2016 3:53 pm

1200 private aircrafts to be registered in MENA in 2020

Only 5 months after the opening in the UAE, Rakjet, a leading private jet management company, has registered noticeable results with a developing customers portfolio from both officials and executives. “With a 60 years’ experience, our company has been launched in the UAE to address...

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Business & Money | Wednesday 12 October, 2016 5:29 pm

UAE consumers increasingly interested in buying property

Consumers in the UAE appear to agree with the current real estate market sentiment that now is good time to buy property, according to statistics from compareit4me.com, the Middle East’s leading finance comparison site.   Using data from its mortgage comparison platform,...

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Cars & Autos | Wednesday 12 October, 2016 6:49 am

Purchasing a Family Car? Tips for Successful Family Car Buying

Purchasing a vehicle for family use does not have to be a chore, but for some it can be an overwhelming experience. Whether you’re already a parent, have your first baby on the way or are eventually planning to add to your brood, choosing the right car for your family is a big...

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Business & Money | Tuesday 11 October, 2016 9:03 am

Emirates NBD Dubai Economy Tracker™

Private sector companies in Dubai experienced another strong improvement in business conditions during September. This was highlighted by the seasonally adjusted Emirates NBD Dubai Economy Tracker Index posting 55.1, down fractionally from 55.7 in August but still well above the 50.0...

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Business & Money | Monday 10 October, 2016 2:31 pm

Bayt.com and YouGov Survey: 50% of KSA Respondents Expect Business Conditions to Improve in a Year’s Time

In a recent survey, the “Middle East Consumer Confidence Index”, 42% of respondents in KSA believe that their country’s economy is worse today compared to six months ago. The survey, conducted by Bayt.com, the Middle East’s number one job site, and YouGov, a leading market...

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