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Amac Mall, a new shopping destination, launches in Dubai

Amac Mall, a new shopping destination, launches in Dubai

Damac Properties has recently announced the inauguration of its new shopping and retail destination, Damac Mall, in Dubai. The formal ceremony was held on September 1, 2023, in the presence of Amira Sajwani, Managing Director of Sales and Development at Damac Properties. The mall, situated in the Damac Hills community, spans over an area of 110,000 square feet and offers a diverse range of retail, hospitality, and entertainment options. It is expected to become a hub for luxury and innovative shopping experiences, featuring both local and international brands, including 30 retail stores and 10 food and beverage outlets.

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Dubai Tenants Can Now Opt for Direct Debit Rent Payments

Dubai Tenants Can Now Opt for Direct Debit Rent Payments

Dubai tenants now have an alternative to paying rent through post-dated cheques. The Dubai Land Department (DLD) has introduced the option for tenants to make rent payments via direct debit, as stated in a circular issued on January 27, 2023.

The DLD has integrated the registered tenancy contract, Ejari, with the Noqodi Direct Debit system. Noqodi serves as the digital payment channel for Dubai government services, while the Direct Debit System, operated by the UAE's Central Bank (UAEDDS), facilitates automated payments through tenants' bank accounts.

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Extending Your Jobseeker Visa in Dubai

Extending Your Jobseeker Visa in Dubai

If you are currently in Dubai on a jobseeker visa and require additional time to find the right employment opportunity, you have the option to extend your visa. This article provides information on the application process, cost, and required documents for extending your jobseeker visa in Dubai.

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The Branch Networks of UAE Banks: A Closer Look

The Branch Networks of UAE Banks: A Closer Look

Banks in the UAE are experiencing a reduction in branch numbers, prompting the need for a reimagining of their purpose. In an increasingly digital world, the question arises: who needs physical branches and what functions should they serve? Should they focus solely on banking transactions or expand their role to provide advice and other services?

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UAE: Gold Prices Rise, Boosted by Weakening US Dollar

UAE: Gold Prices Rise, Boosted by Weakening US Dollar

Gold prices in the UAE experienced an upward trend at the beginning of the week, nearing a one-month high during early trading. According to data from the Dubai Jewellery Group, the price of 24K gold increased by half a dirham, reaching Dh235.5 per gram at the market's opening, compared to last week's close of Dh235 per gram. At 9 am UAE time, the prices for 22K, 21K, and 18K gold stood at Dh218.25, Dh211.25, and Dh181.0 per gram, respectively.

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Alkhair Capital Launches $100 Million HealthTech Investment Fund in Dubai

Alkhair Capital Launches $100 Million HealthTech Investment Fund in Dubai

Alkhair Capital, a prominent asset management and investment banking company, has unveiled a $100 million fund dedicated to investing in healthcare technology ventures. The Sharia-compliant investment vehicle, based in the Dubai International Financial Centre (DIFC), aims to support companies utilizing cutting-edge artificial intelligence to strengthen healthcare providers, as stated in a press release on Monday.

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Happiness hormones: Increasing your joy and well-being

Happiness hormones: Increasing your joy and well-being

Happiness is a multifaceted and highly sought-after emotion that has captivated the attention of philosophers, psychologists, and scientists for centuries. The inquiry into what brings us happiness and why we experience joy has led to extensive research on the role of hormones in the science of happiness. These chemical messengers within our bodies have a significant impact on our emotional well-being.