However, right now it is unclear where the building will be located, so exactly what views of the incredible Dubai skyline will be on offer remain to be seen. Get the top travel news stories delivered straight to your inbox every weekday by signing up to …
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Dubai: Panel clears DP World of Djibouti allegations
DUBAI, United Arab Emirates – Dubai’s government says an arbitration tribunal has cleared port operator DP World of allegations of wrongdoing over its operation of an East African port. The government of Djibouti brought a legal challenge against Dubai’s …
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Dubai faces traffic snarls in rain, temperature dips to 12°C
Dubai: Dubai faced heavy traffic jams due to the rainfall that hit earlier on Tuesday morning as hazy weather continued over the UAE. The National Centre of Meteorology and Seismology (NCMS) reported rainfall across the city that covered all the routes …
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Revealed: Winners of business innovation award
Dubai: Thirty companies were honoured here on Tuesday that recognizes business innovation among UAE companies. The Dubai Chamber of Commerce and Industry hosted the 9th edition of the Mohammad Bin Rashed Al Maktoum Business Awards, a member of Mohammed Bin …
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Six banks pitch for Aramco IPO role on Saudi bourse – sources
DUBAI/RIYADH (Reuters) – Saudi oil giant Aramco [IPO-ARMO.SE] has received proposals from at least six banks for an advisory role on the firm’s planned initial public share offering, sources familiar with the process said on Tuesday. Saudi authorities are …
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Abu Dhabi: Restaurants issued ultimatum on fire safety
Abu Dhabi: Repeat fire safety violations can result in the closure … and they must abide by all technical specifications and fire safety measures,” the official told Gulf News. “Regular inspections are carried out to ensure that all restaurants …
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Dubai’s International Finance Centre grew by 14 per cent last year
Bosses at the state-owned financial free zone, known as the DIFC, say there has been a 10 per cent increase in financial firms registered in the DIFC, and a 17 per cent rise in non-financial companies. Profits at Dubai’s financial district grew by seven …
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UAE Set Its Sights on Mars: Plans to Colonize the Red Planet in 100 Years
The race to Mars has become more exciting as the United Arab Emirates decided to join the fray and announced its plan to colonize the red planet in 100 years. The century-long project, dubbed as “Mars 2117,” aims to establish the first inhabitable human …
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This Oil Nation Aims To Colonize Mars
The Emiratis, despite the oil price crash, still have a respectable stash in their sovereign wealth fund, the Investment Corporation of Dubai. The fund was worth US$175 billion three years ago, when it launched its international expansion strategy …
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China's CNPC Buys Stake in $22 Billion Abu Dhabi Oil Venture
China National Petroleum Corp. bought a stake in Abu Dhabi’s largest oil concession as the Middle Eastern emirate with 6 percent of global crude reserves looks increasingly to Asia, its biggest market, for investment to raise output capacity. Asia will …
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UAE a positive force for technology firms
The UAE is ripe for further development of the Internet of Things and IT security but will not quickly become a key market for cloud computing, according to Dell Technologies. Dermott O’Connell, the vice president and general manager of OEM and IoT …
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UAE to explore deeper defence ties with Australia
Australia and the United Arab Emirates (UAE) will explore closer defence ties after a meeting on Sunday between a senior Australian government minister and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan. Australia’s Defence Industry Minister …
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The UAE's next ambitious project is to build a city on Mars
Stand on the observation deck of the world’s tallest building and you’ll find yourself gazing out over the UAE city of Dubai, a super-modern, gleaming metropolis built slap in the middle of a desert. The digital telescopes atop the 830-meter-tall Burj …
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Report stunt driving, urge Dubai Police
Dubai: Dubai Police urged people to report stunt drivers. The move follows after a video of stunt driving in Dubai went viral on social media. Brigadier Khalid Nasser Al Razooqi, General Director of Smart Services at Dubai Police, said the public can …
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Dubai property investment hits 42bn in 45 days
Dubai property investment has reached a total of AED42 billion in just 45 days at the start of 2017. The value of transactions registered so far this year is already the equivalent of almost half of the whole of 2016’s AED91 billion total, says the Dubai …
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China Wins Big With Stakes in $22 Billion Abu Dhabi Oil Deal
Chinese companies are big winners in the competition among foreign bidders for stakes in Abu Dhabi’s largest oil concession, snatching a combined 12 percent of the venture as the Middle Eastern emirate looks increasingly to Asia, its biggest market …
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Kuwait replaces wealth fund head after 14 years, Al Rai reports
Dubai: Kuwait Investment Authority (KIA … In that role, he was responsible for private equity, hedge funds, real estate and the KIA’s representative office in China, according to the fund’s website.
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