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Month: October 2017

Posted on 14/10/2017

Saudi Aramco in stake sale talks with Chinese investor: sources

DUBAI/NEW YORK (Reuters) – Saudi Aramco is considering the sale … oil company to a Chinese investor is being evaluated as a precursor to the international IPO, according to two sources who spoke on condition of anonymity as the information was not …
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Posted on 14/10/2017

Mid-flight horror as Etihad Airways flight from Abu Dhabi makes emergency landing in Adelaide after a ‘fire in the luggage compartment’

An Etihad flight from Abu Dhabi was forced to make an emergency landing in Adelaide after a fault in the luggage compartment. More than 300 passengers were left stranded at the South Australian airport early Saturday morning, including Michael Milner …
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Posted on 14/10/2017

Etihad flight from Abu Dhabi makes emergency landing in Australia

Australia’s ABC News had reported that a smoke alarm had activated. Passengers would make their onward journeys via other airlines due to crew rest requirements, the airline said. Saturday’s Etihad flight EY451, from Sydney to Abu Dhabi, had been …
( read original story …)


Posted on 14/10/2017

Etihad flight from Abu Dhabi to Sydney makes emergency landing

SYDNEY (Reuters) – An Etihad Airways flight traveling from Abu Dhabi to Sydney has made an emergency landing … according to local online news service Adelaide Advertiser. Australia’s ABC News reported that the warning indicator had been a smoke alarm.
( read original story …)


Posted on 14/10/2017

Dubai police test out hovering motorbikes to join future patrol fleet

The hoverbike concept, developed by Russian company Hoversurf, was unveiled at Dubai’s Gitex Technology week. The bike “passed successful tests in extreme conditions – dust and heat” said its manufacturers, who released a YouTube video of it in action.
( read original story …)


Posted on 14/10/2017

Mid-flight horror as Etihad Airways flight from Abu Dhabi makes emergency landing in Adelaide after cabin fills with smoke

An Etihad flight from Abu Dhabi made an emergency landing in Adelaide after the cabin’s smoke detector went off. The EY450 flight was bound for Sydney before it made the emergency landing at about 4.50am Saturday. More than 300 passengers were taken …
( read original story …)


Posted on 14/10/2017

Solar Energy Crucial in UAE 2050 Energy Strategy Plan

Not long ago did His Highness Sheikh Mohammed bin Rashid Al Maktoum unveil the UAE’s energy strategy for the next three decades. The UAE Ministry of Energy plans to increase the contribution of clean energy in the total energy mix to 50 percent that will …
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Posted on 13/10/2017

Coming to a movie theater near you: Dubai destroyed, again

As a mammoth wave from the Persian Gulf rises up to drown fleeing beachgoers and wash over downtown Dubai and the world’s tallest building, you can be forgiven for thinking you’ve seen this all before. The coming film “Geostorm” marks just the latest movie …
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Posted on 13/10/2017

Abu Dhabi Ports Hands Out Saudi Discount

United Arab Emirates port operator Abu Dhabi Ports has announced new special terms for Saudi Arabian nationals looking to invest in the industrial park and free zone adjacent Khalifa Port. Saudi Arabaian nationals can now apply for discounts on rent of …
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Posted on 13/10/2017

Dubai Economy, VFS extend e-services pact

the Emirates official news agency. The agreement is part of the Dubai Economy strategy to enhance ease of business and save time for investors, thereby advancing Dubai’s competitiveness ranking in the Doing Business Report of the World Bank. VFS Global …
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Posted on 13/10/2017

Brit jailed in Dubai for touching man’s hip could be allowed home after complaint dropped

A British man arrested for public indecency in Dubai could be allowed to return home, his lawyers have said, after the complaint against him was dropped. Jamie Harron, 27, from Stirling, was facing up to three years in jail after touching a man’s hip in …
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Posted on 13/10/2017

Why the UAE is leading the charge into Africa

Dubai is one of the few places able to facilitate business and logistics for the emerging African middle class, especially in Kenya, Nigeria, and South Africa. Challenge or opportunity? “From aviation, to food security, to humanitarian assistance …
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Posted on 13/10/2017

What do the numbers say about the Kuwaiti banking system?

Read: INSIGHT: Unveiled Qatar Billions to Underwrite Banks According to a recent study by the First Abu Dhabi Bank, the UAE’s banking system comprising of 48 banks affords great financial solvency and reaps the fruits of an open economic and financial …
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Posted on 13/10/2017

Qatar crisis sends tremors through banking in the Gulf

Officials concede that Dubai cannot disentangle itself from the UAE’s role in the embargo. The UAE central bank ordered lenders in the federation to impose enhanced due diligence measures on six Qatari lenders. The DIFC’s regulator has also told …
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Posted on 13/10/2017

UAE stops issuing visas to North Koreans, ends diplomatic missions

The UAE Ministry of Foreign Affairs announced that the UAE has decided to stop issuing new visas to North Korean citizens and has stopped issuing licenses to North Korean companies. It has also decided to end the mission of the UAE’s non-resident …
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Posted on 13/10/2017

UAE terminates North Korean diplomatic mission, ends visas

The United Arab Emirates is ending the mission of North Korea’s non-resident ambassador and terminating its own envoy’s services in Pyongyang, its Foreign Ministry said in a statement on Thursday carried by state news agency WAM. The UAE will also stop …
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Posted on 13/10/2017

UAE investors get chance to own a slice of Pakistan

(MENAFN – Khaleej Times) Pakistan Property Show, lining up more than 50 exhibitors showcasing a wide array of realty investment options, will be held at Za’abeel Hall 5 of the Dubai World Trade Centre on October 20-21. The show will provide overseas …
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