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Gold dips as encouraging China data stokes risk-on sentiment

Media IN Abu Dhabi 15th-07-2019 Gold traded lower earlier on Monday, hovering above the $1,400 mark, as figures from China, mollifying worries about global economic growth, and fuelling appetite for riskier assets, Reuters reported.   By 7:17 am GMT, spot gold fell by 0.2% to $1,413.20 per ounce, while US gold …

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DXB Entertainments’ stock rose to 2.45% mid-Monday

Media IN Dubai 15th-07-2019 DXB Entertainments’ stock, listed on the Dubai Financial Market (DFM), has reached its highest level in a month after posting the number of visits to the Dubai Parks and Resorts during Q1 2019. Earlier this day, DXB Entertainments announced that Dubai Parks and Resorts attracted around …

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UAE Industrial Production Index rose to16.6% in Q1 2019

Media IN ABU DHABI, 14th July, 2019 (WAM) The Industrial Production Index rose by 16.6 percent in the first quarter of 2019, compared to the same period in 2018, rising from 122.3 percent to 142.5 percent during the monitoring period, according to figures released by the Statistics Centre-Abu Dhabi, SCAD. …

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Dubai Land Department signs MoU with Al Masraf

Media IN DUBAI, 14th July, 2019 (WAM) The Dubai Land Department, DLD, represented by its regulatory arm, the Real Estate Regulatory Agency, RERA, signed a memorandum of understanding, MoU, with the Arab Bank for Investment and Foreign Trade, Al Masraf, to manage and service the Owners Association, OA, accounts. The …

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UAE Customers to contact DEWA on WhatsApp

Media IN DUBAI, 14th July, 2019 (WAM) Dubai Electricity and Water Authority, DEWA, has obtained a verified WhatsApp business account to communicate with its customers.  The new feature relies on Artificial Intelligence (AI) through Rammas, DEWA’s virtual employee. Customers can communicate with DEWA in both Arabic and English round the …

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Sharjah real estate transactions hit AED14.7 billion in H1, 2019

Media IN SHARJAH, 14th July, 2019 (WAM) The Emirate of Sharjah recorded AED14.7 billion from real estate transactions in the first half of 2019, according to a latest report of the Sharjah Real Estate Registration Directorate, SRERD. Abdul Aziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration Directorate …

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Dubai Financial market gained 2,704.78 points on Sunday

Media IN DUBAI 14th-07-2019 The Dubai Financial Market (DFM) closed Sunday’s trading session in green territory on the back of rising blue-chip stocks. The DFM’s general index rose 19.20 points, or 0.71%, finishing the session at 2,704.78 points. Trading volume amounted to 209.627 million shares exchanged at a turnover of …

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