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United Arab Emirates
Thursday, January 18, 2018

Business

Dubai set to attract global real estate investors

Dubai Land Department will organise more editions of Dubai Property Show and take out international road shows

Dubai witnessed unusual spike in off-plan sales in December

Impending VAT, holiday bargains and generous payment plans led to unusual rise in transactions

Dubai off-plan property deals under threat as prices drop

Dubai residential property prices are forecast to fall between 10% and 15% in 2018, one analyst predicts

Kuwait unemployment rate remains at 2.2%

Unemployment among male citizens dropped, while female citizens saw a rise

OPEC’s cheer over 2018 oil rally tinged by shale worries

The surge comes as a welcome boost for the revenues of oil-producing nations

Citibank Fined $70 million For Anti-money Laundering Deficiencies

A spokesman for the bank, a unit of Citigroup Inc, said it aimed to satisfy all federal rules that target money laundering

Dubai’s Global Village absorbs 5% VAT

Global Village has decided to absorb VAT cost and retains entry ticket price at Dh15 per person for visitors

Century Financial Weekly Market Report

Century Financial Weekly Market Report

UAE shipping firm targets 20% revenue growth in 2018

Abdul Muhsen Shipping witnessed a 10% annual growth in revenue during the last three years

Sharjah developer gets $272m financing

Arada secures a syndicated loan from two UAE banks