State-owned Emirates said on Thursday that Dubai would help it through the coronavirus crisis after losses of $3.4 billion tipped the airline’s holding company into its first half-year loss in more …
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Dubai’s Global Village smashes 2nd world record in 2 weeks
Bagging its second Guinness title in two weeks, Global Village set a world record for having the most LED lights ever on a car. Boasting 37,676 LED lights, the vehicle is a fan favourite, having …
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Emirates or bust – Israeli entrepreneurs spend productive week in Dubai
They left the splendor of Dubai and after an hour’s fast driving through the vacant expanses, they reached a date plantation of gigantic size. A broad, inviting carpet awaited them at the edge of the …
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MIDEAST STOCKS-Most Gulf markets retreat; Dubai leads declines
Most major Gulf markets traded lower in early trading on Wednesday and are set to break the winning run spurred by the news on the progress in the development of COVID-19 vaccine and subsequent …
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Post-Covid architecture on show at Dubai Design Week
“The Shape of Things to Come,” an exhibition that’s part of Dubai Design Week, is offering a glimpse of the future of architecture, post-pandemic.
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Dubai’s 2021 Calendar of Retail Festivals Set to Boost the City’s Economic and Tourism Sectors
Dubai Festivals and Retail Establishment (DFRE) has announced details of its comprehensive 2021 Retail Calendar, with citywide events, activations and experiences set to fully support the emirate’s …
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Exclusive: Gold market authority threatens to blacklist UAE and other centres
The world’s most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the mainstream market if they fail to meet regulatory …
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Want To Launch Your Startup In Just A Week? Here’s How You Can Do Just That In Dubai
There is now a wealth of resources out there that have drastically reduced the amount of time required to get started.
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Agricultural Giant Louis Dreyfus to Sell Major Stake to Abu Dhabi State Firm
Dreyfus agreed to sell a 45% indirect stake in Louis Dreyfus, the agricultural merchant that has borne her family’s name for almost two centuries, to a holding company in the United Arab Emirates.
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Trump administration informs Congress of intent to sell $23B in arms to UAE
Secretary of State Mike Pompeo announced Tuesday that the Trump administration had formally notified Congress of its intent to sell approximately $23 billion in advanced weaponry to the United Arab …
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Italy showcases top children’s books in its first Sharjah International Book Fair pavilion
In its first SIBF pavilion, Italy is showcasing best-selling books — mostly children’s literature — from 14 of its leading publishers. Italy has joined the Sharjah International Book Fair (SIBF) for …
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Israeli settler delegation visits Dubai following UAE accord
A delegation of Israeli settlers is visiting Dubai, where they met with Emirati business people to discuss commercial opportunities following the United Arab Emirates’ establishment of formal ties …
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The Clock is Ticking On F-35, Drone Sale to UAE
The clock is ticking on the Trump administration’s push to sell F-35 fighter jets, armed Reaper drones, and a bevy of bombs and missiles to the United Arab Emirates. The State Department notified …
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Fitch gives ‘AA-‘ rating to the UAE, one notch below Abu Dhabi
Credit ratings agency Fitch has assigned the United Arab Emirates an AA-(minus) rating with a stable outlook, citing moderate consolidated public debt levels, high GDP per capita and its strong net …
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Agricultural Giant Louis Dreyfus to Sells Major Stake to Abu Dhabi State Firm
Dreyfus agreed to sell a 45% indirect stake in Louis Dreyfus, the agricultural merchant that has borne her family’s name for almost two centuries, to a holding company in the United Arab Emirates.
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Louis Dreyfus sells big stake to Abu Dhabi fund after investor hunt
AKIRAU.UL] has agreed to sell a large stake to Abu Dhabi-based holding company ADQ, marking the first external investment into the family-run commodity group, founded by Leopold Louis-Dreyfus in 1851.
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Louis-Dreyfus Opens Up for First Time With Abu Dhabi Deal
Dreyfus agreed to sell a 45% stake in the eponymous agricultural trader to an Abu Dhabi sovereign wealth fund, opening the storied family business to outside ownership for the first time to secure …
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