The carrier will operate the new route with one of its brand-new Boeing 737 MAX 8 aircraft from Terminal 3 of Dubai International (DXB). The new cabin features a flat-bed in Business Class and in addi…
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Total UAE banking reserves rise to $77.1bn
Total reserves at the Central Bank of the UAE increased to AED283.4 billion ($77.1 billion) by the end of November, a growth of 4.3 percent from AED271.6 billion during the same month of 2017. The gro…
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UAE senior diplomat denies hacking Americans
NEW YORK (Reuters) – A United Arab Emirates senior diplomat denied on Thursday the country had targeted “friendly countries” or American citizens in a cyberspying program that a Reuters report said in…
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Dubai’s new crowning glory: The 550-metre Burj Jumeira
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, inaugurated Burj Jumeira on Thursday. The new tower will be built in the Al Sufouh …
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Dubai International Airport is a disappointment
DXB is a breeze to access from pretty much anywhere in Dubai. Even if you take a taxi from as far away as Dubai Marina (30 kilometres), you’re only looking at about AED60 to AED70 to get to the termin…
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Dubai Holding to Develop Mega Project Near Burj Al Arab
confirming an earlier story by Bloomberg News. The construction will start immediately and the first phase of the development will be delivered in 2023. The development in the Al Sufouh district of Du…
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UAE Sets Record For Largest ‘Virtual’ Battery
A recent report from the International Renewable Energy Agency revealed that record investments in solar power in the UAE—and in Saudi Arabia—has made solar power cost competitive with fossil …
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Exclusive: Venezuela plans to fly central bank gold reserves to UAE – source
CARACAS (Reuters) – Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan …
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Venezuela to sell 15 tonnes of central bank gold to United Arab Emirates: source
Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan said, in an effort b…
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Dubai Islamic net profit for 2018 hits $1.36bn
Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, has posted a net profit of Dh5 billion ($1.36 billion) during 2018, up 11 per cen…
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