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Month: August 2017

Posted on 04/08/2017

UAE Business Barometer: Bullish on a bright future

The UAE’s economic growth will surge next year, driven by a host of non-oil sectors, hence improving the job prospects and strengthening the competitiveness of the local economy, according to CEOs of the top UAE companies. Khaleej Times spoke with top …
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Posted on 04/08/2017

Saudi oil minister is said to have met top commodity hedge funds

London/Kuwait/Dubai: Khalid Al Falih, Saudi Arabia’s energy minister, met in private with some of the world’s top commodity hedge funds in July, taking the unusual step of personally canvassing investor views on the state of the market. In the past …
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Posted on 04/08/2017

Abu Dhabi’s Mubadala sells second stake in U.S. chipmaker AMD

ABU DHABI, Aug 4 (Reuters) – Abu Dhabi’s Mubadala Investment Company … (Reporting by Stanley Carvalho, editing by Jason Neely) Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device.
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Posted on 04/08/2017

UAE’s Aldar reports 5% growth in gross profit for H1 2017

… Aldar on track with Reem Island projects | Aldar reports net profit of $174.5m for Q1 2017 Abu Dhabi-headquartered developer, Aldaar Properties, has released its financial results for the first half of 2017. The company announced that its gross profit …
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Posted on 04/08/2017

Warning over fake smartphones being sold online

Dubai Police said counterfeit dealers are cashing in on the desire for the latest device but handing over knock-offs that either do not work or could catch fire. In Dubai last year alone, fake items valued at Dh1.6 billion were seized. Mobiles topped the …
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Posted on 04/08/2017

UAE PMI Sees Robust Improvement in Business Conditions

The health of the UAE’s non-oil private sector gained steam in July, supported by sharp expansions in output and new work. A survey carried out by Emirates NBD, the UAE PMI, reveals that in response to greater output requirements, firms scaled up …
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Posted on 04/08/2017

Blaze sweeps through Dubai’s residential Torch Tower for second time

the latest in a series of fires in tall structures in the United Arab Emirates, the Gulf’s tourism and business hub, over the past three years. Flames shot up the sides of the Torch Tower in the second blaze to hit the high-rise since 2015, forcing …
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Posted on 04/08/2017

Firefighters get Dubai tower blaze under control

DUBAI, United Arab Emirates – Firefighters brought under control a blaze that broke out early Friday in one of the world’s tallest residential towers in Dubai, engulfing part of the skyscraper and sending chunks of debris plummeting below, the city …
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Posted on 04/08/2017

Fire extinguished at 86-story residential high-rise in Dubai

No major injuries had been reported. A few people were treated for smoke inhalation, according to Dubai’s Gulf News website. Several building residents said the fire broke out just after 1 a.m. at the 86-story Torch Tower residential building …
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Posted on 04/08/2017

Dubai’s Torch Tower on fire again

A large fire has ripped through a residential 79-storey skyscraper in Dubai in the United Arab Emirates – for the second time in two years. Footage posted on social media showed flames spreading up the Torch Tower and burning debris falling to the streets.
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Posted on 04/08/2017

Video: The Torch tower fire at Dubai Marina put out

pic.twitter.com/4hHMnaRJ7T— Dubai Media Office (@DXBMediaOffice) August 3, 2017 A Dubai Police spokesperson told Gulf News the fire broke out on 9th floor and spread to upper four floors. “It’s big fire started on 9th floor. Civil defence and police in …
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Posted on 04/08/2017

Flames engulf 86-storey Dubai skyscraper

DUBAI, United Arab Emirates — A fire broke out after midnight in one of the world’s tallest residential towers in Dubai, engulfing part of the skyscraper and sending chunks of debris plummeting below. More than 40 floors of the 86-storey Torch Tower …
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Posted on 04/08/2017

Firefighters extinguish blaze at Dubai skyscraper

No major injuries were reported. A few people were treated for smoke inhalation, according to Dubai’s Gulf News website. More than 40 floors of the building on one side were engulfed in flames as residents looked on from below, many in tears. The …
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Posted on 04/08/2017

Flames engulf 86-story residential skyscraper in Dubai

DUBAI, United Arab Emirates— A fire broke out after midnight … share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.
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Posted on 04/08/2017

Fire put out at 86-story residential skyscraper in Dubai

DUBAI, United Arab Emirates — Firefighters have put out a blaze that broke out early Friday in one of the world’s tallest residential towers in Dubai, engulfing part of the skyscraper and sending chunks of debris plummeting below, the city authorities …
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Posted on 04/08/2017

Majid Al Futtaim and Al Jazira Club to invest AED 1.4 billion in new shopping destination, City Centre Al Jazira

Majid Al Futtaim and Al Jazira Club to invest AED 1.4 billion in new shopping destination, City Centre Al Jazira Abu Dhabi, United Arab Emirates, 2017-Aug-04 — /EPR Retail News/ — Abu Dhabi’s retail and entertainment sectors are set for further …
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Posted on 04/08/2017

EXCLUSIVE – Inside flight EY451: Etihad jet targeted by terrifying ISIS terror plot was carrying up to 412 business and economy passengers from Sydney to Abu Dhabi

Flights from Sydney to Abu Dhabi, if booked this week … more than 350 popular television shows and seven live TV channels showing the latest news and sport. Economy class customers are also offered amenities to make flights more comfortable, including …
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