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Month: November 2017

Posted on 15/11/2017

Why the UAE plans to grow lettuce on Mars

One thing you can’t accuse the United Arab Emirates of lacking is vision. First they unveiled plans to launch a Mars probe. Then it was an ambition to colonise the Red Planet. Now the UAE has a new aim – to grow palm trees and lettuce there. The space …
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Posted on 15/11/2017

Dubai property market in perspective

Values across Dubai’s residential investment areas continued to moderate during Q2 2017, dipping by an average of 1.5%. This leaves the annual rate of change at -5.8% and marks the 12th consecutive quarter of price declines, during which time prices have …
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Posted on 14/11/2017

McLaren unveils unique version of famous supercar at Dubai auto show

To mark the opening of the 2017 Dubai International Motor Show, British supercar company, McLaren has unveiled a unique version of its 720S coupé that takes its design inspiration from the words of Bruce McLaren, the late New Zealand-born racing driver …
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Posted on 14/11/2017

Saudi Arabian Airlines rolls out Wi-Fi across network

Saudi Arabian Airlines now offers guests flying to 47 international destinations the option to connect onto its Wi-Fi service. On six of these routes, to Los Angeles, Washington, New York, London Heathrow, Manchester and Dubai, passengers in Guest Class …
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Posted on 14/11/2017

Arabian Business Achievement Award winners pay tribute to UAE’s leaders

Munib al-Masri, PADICO and Edgo Group chairman, in his acceptance speech at the Arabian Business Achievement Awards 2017, paid tribute to Sheikh Zayed bin Sultan Al Nahyan, and other UAE leaders, for their forward-thinking visions, and the legacy of …
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Posted on 14/11/2017

Dubai Airshow: India marketing supersonic cruise missile BrahMos

DUBAI: India seems to be aggressively marketing its supersonic cruise missile BrahMos at the Dubai Airshow and is in talks with countries in the Middle East region. In the sprawl of pavilions boasting of cutting edge aviation and defence technology at the …
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Posted on 14/11/2017

FundCount Wins Best Client Reporting at the WealthBriefing GCC Region Awards 2017

hedge funds and private equity firms, was awarded Best Client Reporting solution at the WealthBriefing GCC Region Awards ceremony held in Dubai. These prestigious annual awards recognize ‘best of breed’ providers in the global private banking, wealth …
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Posted on 14/11/2017

UAE announces $684 million Raytheon laser guided bomb deal

DUBAI (Reuters) – The United Arab Emirates’ military said on Tuesday it was buying laser guided bombs from U.S. missile maker Raytheon Co. (RTN.N) in a deal worth 2.5 billion dirhams ($684.4 million). The GBU-10 and GBU-12 Paveway laser guided bomb kits …
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Posted on 14/11/2017

Inside the Louvre Abu Dhabi with architect Jean Nouvel

It cost millions, glitters in the sunlight and has its own island. Caroline Roux visits the new Louvre Abu Dhabi and sees the world in a new light. Last Tuesday, on a newly constructed island in Abu Dhabi, the French architect Jean Nouvel was not an …
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Posted on 14/11/2017

Dubai’s DEWA to cooperate with Masdar and EDF on renewable energy projects

The solar park contributes to achieving the objectives of the Dubai Clean Energy Strategy 2050, launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to provide 75 per cent of Dubai’s total …
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Posted on 14/11/2017

UAE announces $684m Raytheon bomb deal

The United Arab Emirates’ military said on Tuesday it was buying laser guided bombs from US missile maker Raytheon Co. in a deal worth Dhs2.5bn ($684.4m). The GBU-10 and GBU-12 Paveway laser guided bomb kits were the largest part of Dhs3.34bn in deals …
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Posted on 14/11/2017

Abu Dhabi’s Aldar Properties appoints new chairman, CEO

RELATED ARTICLES: UAE’s Aldar awards $203m contract for The Bridges on Reem Island | UAE’s Aldar to showcase projects at property event in Riyadh | Phase 1 of Aldar’s $653m Abu Dhabi project sells out in three days Aldar Properties has announced …
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Posted on 14/11/2017

Aldar Properties : Abu Dhabi’s Aldar names new chairman, CEO

Aldar Properties, the Abu Dhabi-based property development company, has named a new chairman and CEO. The decision was made at the November 12, 2017 board meeting, where the directors of the company appointed Mohamed Khalifa Al Mubarak as chairman.
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Posted on 14/11/2017

IBBC holds Successful Autumn Conference in Dubai

Following on from the first Iraq Britain Business Council conference in Dubai in 2016, the IBBC was delighted to host its Autumn Conference in the UAE once again. The event was strongly supported by the UAE authorities. Alongside Baroness Nicholson …
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Posted on 14/11/2017

Dubai’s Jetex to expand into Saudi

Dubai-based executive aviation company Jetex Flight Support … We will work with Oman airport and with the government to increase the business volume and divert more business to this location,” Mardini said. Jetex also has operations at terminals …
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Posted on 13/11/2017

Swiss journalists detained, interrogated in Abu Dhabi

13 Nov 2017 09:31 GMT The journalists were accredited to cover the opening of the Abu Dhabi Louvre and interview its architect, Jean Nouvel [Satish Kumar/Reuters] Authorities in the United Arab Emirates have detained two journalists working for Swiss …
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Posted on 13/11/2017

SMEs set to play key role in UAE’s space programme – official

“But also, we can get graduates to come with STEM (science, technology, engineering and maths) backgrounds, to start opening their own businesses which would support the Mohammed bin Rashid Space Centre and the UAE Space Agency,” he added. “Instead …
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