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    Abu Dhabi e-Government wins first-ever 2015 Smart Government Award

    In recognition of its efforts in implementing Spatial Data Infrastructure (SDI) and driving the cooperative use of geospatial information across a wide range of Government entities in Abu Dhabi, Abu Dhabi e-Government has won the inaugural "2015 Smart Government Award" launched by the Environmental Systems Research Institute (Esri) User Conference, held in San Diego, California in the United States on 20th – 21st July.


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    Dubai realty deals fall 69% in H1 July 30, 2015

    Dubai has witnessed a 69 per cent decline in the number of residential transactions in the first half of 2015 compared to the same period in 2014.


    Blame it on the new supply of residential units, falling global oil prices weakening investor sentiment and the devaluation of the Russian rouble.


    According to Dubai Land Department data, only 7,300 apartments and villas were sold in the first six months of 2015, compared"...

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    Positive growth seen for Abu Dhabi hotel industryJuly 30, 2015

    Abu Dhabi hotel industry is experiencing positive growth with 5,200 rooms in the pipeline for 2017, according to a JLL report. As many as 2,300 rooms are set to enter the market by the end of 2015 alone, the report said.


    The Abu Dhabi Tourism and Culture Authority (ADTCA) also reported a 20 per cent increase in hotel guests in the first quarter of 2015 compared to Q1 of 2014.


    JLL said in an exclusively report for"...

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    Industry bullish on fuel price hike

    Transport, construction, shipping and trading businesses are bullish about the substantial cut in diesel prices which will reduce the cost of doing business and increase profits.


    Under the UAE's zero subsidy policy, oil prices will be fixed based on the average of international oil prices in a month. It will be introduced in a phased manner.


    The rise in gasoline prices will ultimately affect consumers because traders"...

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    Emirates NBD Wholesale Banking wins ‘UAE Domestic Cash Management Bank of the Year’

    Emirates NBD, a leading bank in the region, announced today that its Wholesale Banking Division has been awarded ‘UAE Domestic Cash Management Bank of the Year’ at the fourth annual Asian Banking and Finance Awards for Wholesale Banking.


    The bank was recognised for its extensive client base of business entities on the web as well as mobile channel, ‘smart BUSINESS’, which offers UAE-based corporate customers 24/7 account information and transaction access to a comprehensive"...

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    Passenger traffic up 17.2% at Abu Dhabi International Airport during H1, 2015

    Abu Dhabi Airports today reported a 17.2% increase in passenger traffic at Abu Dhabi International Airport during the first half of 2015 (1st January to 30th June), as compared to the same period for last year.


    A total of 11,111,577 passengers passed through Abu Dhabi International Airport, compared with 9,481,744 in the equivalent period in 2014. The number of aircraft movements during the six months rose to 84,938, representing 15.0% growth compared with 73,862 aircraft movements reported last year.


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    Zepp brings golf and tennis technology to the Middle East

    Zepp Labs, a leader in sports technology, has partnered with homegrown distribution company K2O to offer the world’s first app-powered, multi-sport sensor for golf and tennis in the UAE.


    The Zepp multi-sport sensor attaches to the handle of any tennis racquet or mounts to any golf glove and works with the free Zepp Golf and Tennis apps to instantly capture and deliver data to your smartphone or tablet by Bluetooth.


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