DUBAI, 31st May, 2022 (WAM … Shaheen discussed how a free zone could benefit a business through bringing it closer to the customer, and providing ease of reverse logistics and marketplace …
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Dubai: Dh1.2 Million Payout For Family Of Man Who Was Kidnapped, Murdered
A businessman’s family will be compensated with Dh1.2 million. The man was kidnapped and murdered in Dubai five years ago. The businessman was travelling to the country with his female business …
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UAE-Israel Free Trade Deal Will Regrow Ailing Global Supply Chain, Says Emirati Investor
The free trade agreement between the United Arab Emirates and Israel will redraw global trade routes and help bolster the ailing global supply chain, a senior Emirati executive said. The historic …
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Sheikh Maktoum meets HSBC Holdings chairman in Dubai
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, on Tuesday met with Mark E Tucker, Group Chairman of HSBC Holdings. Sheikh …
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Place: Dubai Mall
The Expo 2020 in Dubai was delayed because of the pandemic, but you can still get to it, writes Karen Murray A large fire has broken out at a high-rise complex under construction near Dubai’s largest …
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Abu Dhabi’s ‘exceptional’ fiscal strength a buffer to external shocks, S&P says
The “exceptional strength” of Abu Dhabi government’s balance sheet provides the emirate with a buffer to counteract fiscal and external shocks, as well as the effects of regional geopolitical …
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Abu Dhabi’s economy to remain strong over robust fiscal buffers
S&P Global Ratings has given a stable rating to the emirate of Abu Dhabi on expectations that its fiscal and external positions will remain strong over the next two years, supported by oil revenue.
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Why is UAE the Best Country to Kickstart a New Business?
A vast array of initiatives such as the launch of the freelancer visa in September last year, followed by the launch of the Aed100 million Samda initiative for entrepreneurs, promises integrated …
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Israel Signs UAE Free Trade Deal, Its First In Arab World
Israel signed a free trade deal with the United Arab Emirates on Tuesday, its first with an Arab country, building on their US-brokered normalisation of relations in 2020.
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Dubai Retail Prices Set to Rise Steadily
According to a Reuters poll of analysts, Dubai retail prices are set to mostly rise steadily over the next two years, driven by demand from foreign investors.When asked what will drive Dubai’s housing …
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Israel signs free trade agreement with UAE; first of its kind with an Arab country
In the years leading up to the Abraham Accords, Israel had steadily increased cooperation with Gulf Arab states like the UAE, which share its security concerns about Iran.
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Israel signs major trade pact with UAE
President of the UAE-Israel Business Council Dorian Barak said the trade agreement defined tax rates, imports and intellectual property, which would encourage more Israeli companies to set up offices …
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Abu Dhabi Borouge’s $2 billion IPO set to be ADX’s biggest
Abu Dhabi-based petrochemicals company Borouge raised more than $2 billion on Tuesday after demand for its initial public offering topped $83.4 billion.
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Abu Dhabi’s Borouge sees $80 billion demand for IPO, sources say
The ADNOC, Borealis AG joint venture is due to list on the ADX on Friday Abu Dhabi’s Borouge sees $80 billion demand for IPO, sources say Abu Dhabi, Abu Dhabi National Oil Company, Abu Dhabi …
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Abu Dhabi’s Borouge raises $2bln as IPO sees huge demand
The Abu Dhabi-based petrochemicals company Borouge Plc has raised more than $2 billion in a 10 percent stake sale that was hugely oversubscribed. Total gross demand for the IPO amounted to over $83.4 …
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Borouge’s $2 Billion Abu Dhabi IPO Draws $83 Billion of Orders
The United Arab Emirates’ main oil company and Borealis AG raised $2 billion in the initial public offering of their chemicals joint venture, drawing $83 billion of orders in the latest sign of strong …
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Borouge raises $2bn in 42 times oversubscribed Abu Dhabi IPO
Borouge, the joint venture between Adnoc and Austrian chemicals producer Borealis, successfully closed its $2 billion initial public offering, the biggest share sale on the Abu Dhabi Securities …
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