Dubai Informer

Never knowing where you’ll be from week to week, just following your heart and the next opportunity to demonstrate your skill. Well that’s the life of ‘Wander Geselle’ Tobias Wachter. The German, whose title translates as ‘Wandering Baker’ has been on the road for just over two years now, getting acquainted with different baking techniques. [...]

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But the factories flouted the order and kept more than 2,000 people working, officials said on Thursday. At least 194 people died when a huge section of the eight-story building splintered into a pile of concrete. The disaster in the Dhaka suburb of Savar came less than five months after a blaze killed 112 people [...]

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Partnered by French co-driver Michel Perin, Roma was fastest over the 250km ADNOC Special Stage 2. He finished it leading the cars class by 17 mins 10 secs from Brazilian Guilherme Spinelli. Accompanied by Youssef Haddad, Spinelli was 19 mins 31 secs clear of Dutchman Bernhard Ten Brinke and French co-driver Matthieu Baumel in third [...]

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Emirates Telecommunications Corporation (Etisalat) Group on Tuesday said its net profit after royalty in 2012 increased by 15% year on year to Dh6.7 billion, helped by the partial disposal of an investment in Indonesia’s third-largest mobile phone operator XL Axiata and lower impairment losses related to investments in Pakistan and Sudan. Full News here – [...]

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With the Dubai property market continuing to rebound following the 2009 crash, 7DAYS has received a spate of letters from readers… Full News here – Dubai UAE News RSS feed

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A powerful typhoon that washed away emergency shelters, a military camp and possibly entire families in the southern Philippines has killed almost 350 people with nearly 400 missing, authorities said Thursday. More bodies were retrieved from hardest-hit Compostela Valley and Davao Oriental provinces and six others impacted by Tuesday’s storm, the Office of Civil Defense [...]

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Tamweel PJSC, the UAE’s Islamic home finance provider, on Monday announced that its operating income had risen slightly to AED 452 million in the first nine months of 2012 from AED 446 million in the same period of the previous year. Full News here – Zawya.com – UAE News

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UAE non-oil foreign trade maintained its growth in the first quarter of 2012, according to official data. Full News here – Zawya.com – UAE News

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Parents in Abu Dhabi fear they will be unable to afford tuition fees after 30 private schools are given approval to increase their fees by up to 9 per cent. Full News here – UAE news

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Tiffany caters to wealthy shoppers, but even those customers are keeping a close eye on their spending thanks in part to difficult economic conditions and volatility in Europe. Tiffany, known for its blue boxes, earned $ 91.8 million, or 72 cents per share, for the period ended July 31. That compares with $ 90 million, [...]

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DUBAI, July 22 (Reuters) – Mashreq, Dubai’s second-biggest lender by market value, posted a net profit of 591 million dirhams ($ 160.9 million) for the first six months of the year, the bank said in a statement on Sunday. This was a 7.1 percent … Full News here – Dubai – Bing News

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Dubai’s benchmark stock index gained to the highest level in more than two months as a rally in property developer Emaar Properties PJSC (EMAAR) this week prompted investors to buy construction and real-estate companies. Emaar’s performance … Full News here – Dubai – Bing News

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