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Posted on 05/02/2019

Vanguard Group Inc. Acquires 66,967 Shares of HNI Corp (HNI)

71.41% of the stock is currently owned by institutional investors and hedge funds. Get HNI alerts … Hong Kong, India, Mexico, Dubai, and Taiwan. The company’s Office Furniture segment offers a range …
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Posted on 05/02/2019

The Latest: Pope leaves UAE after first papal Mass there

ABU DHABI, United Arab Emirates – The Latest on Pope Francis’ historic visit to the United Arab Emirates (all times local): 1:05 p.m. Pope Francis has departed Abu Dhabi after making the first papal t…
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Posted on 05/02/2019

British man detained in UAE after wearing Qatar football T-shirt to match

Ali Issa Ahmad watched Qatar beat Iraq in the Asian Cup match at the Al Nahyan stadium in Abu Dhabi. He was later arrested by UAE officials. Photograph: Khaled Desouki/AFP/Getty Images A British footb…
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Posted on 05/02/2019

Six UAE and Saudi Arabian Banks Join Digital Currency Cross-Border Transaction Project

… banks from Saudi Arabia and the United Arab Emirates (UAE) have joined a digital currency project, major Saudi Arabian financial news portal Argaam reports on Feb. 5 Referring to comments …
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Posted on 05/02/2019

Lagardère TR and GAC Dubai finalise logistics agreement

It is an excellent fit with GAC Dubai’s long-term vision for its contract logistics business to move into specialised storage and handling operations.” Neil McMaster, GAC Dubai’s General Manager — Con…
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Posted on 05/02/2019

Construction for Dubai’s brand new ‘Burj Jumeira’ underway

Dubai is already getting ready for a brand-new 550m tower in Al Sufouh Neighbourhood, and it’s going to be the next “Downtown” to head to. Plans have been set to construct the Burj Jumeira and its sur…
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Posted on 05/02/2019

Credit guarantee scheme for SMEs in UAE launched

Image Credit: Rawpixel on Unsplash Dubai: Emirates Development Bank (EDB) on Monday launched a Dh100 million credit guarantee scheme for small and medium enterprises (SMEs) in the UAE. The new …
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Posted on 05/02/2019

The Latest: Pope preaches message of meekness in UAE homily

ABU DHABI, United Arab Emirates – The Latest on Pope Francis’ historic visit to the United Arab Emirates (all times local): 11:10 a.m. Pope Francis has told the Catholic faithful in the United Arab Em…
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Posted on 05/02/2019

Pope Francis arrives to hold public mass in UAE

ABU DHABI: Pope Francis arrived at an Abu Dhabi sports stadium Tuesday (Feb 5) to hold a public mass for an estimated 170,000 Catholics on the first ever papal visit to the Muslim Gulf. The pope waved …
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Posted on 05/02/2019

UAE jobs: Private businesses remain cautious on hiring

But business owners were looking to the immediate … signalling another month of lower average selling prices in the UAE, although the extent of price discounting in January was slight.”
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Posted on 05/02/2019

DEWA to build solar-powered green hydrogen project

The Dubai Electricity and Water Authority (DEWA) in collaboration with Expo 2020 Dubai and Siemens are set to build the first solar-powered hydrogen electrolysis facility in the MENA region. It will b…
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Posted on 05/02/2019

ABU DHABI, United Arab Emirates | The Latest: Pope warns against ‘fake news’ during Gulf visit

ABU DHABI, United Arab Emirates (AP) — The Latest on Pope Francis’s visit to the United Arab Emirates (all times local): 7:50 p.m. Pope Francis has asserted in the first-ever papal visit to the Arabia…
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Posted on 05/02/2019

Pope Francis and Grand Imam of Al Azhar Sign Historic Abu Dhabi Declaration for World Peace and Living Together

ABU DHABI, United Arab Emirates — His Holiness Pope Francis and His Eminence the Grand Imam of Al Azhar Dr. Ahmed At-Tayyeb have signed the historic Abu Dhabi Declaration – a document on Human …
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Posted on 05/02/2019

Pope in historic UAE visit urges faith leaders to reject war

ABU DHABI, United Arab Emirates — Pope Francis urged religious leaders Monday to work together to reject war as he opened the first-ever papal visit to the Arabian Peninsula, the birthplace of Islam, …
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Posted on 04/02/2019

The online Silk Road: China’s growing influence on tech in the UAE

Sam Blatteis, chief executive of The Mena Catalysts, which advises technology companies on policy and government affairs in the region, says it’s a “key part of the UAE’s long-term strategy, which req…
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Posted on 04/02/2019

MIDEAST STOCKS-FAB elevates Abu Dhabi, COMI lifts Egypt

Abu Dhabi closes at highest in more than four years * ADCB reaches its highest in more than 13 years * Property stocks continue to slide in Dubai * Egypt bule-chip index rises for eighth straight day …
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Posted on 04/02/2019

Dubai start-up Medicus closes Dh11.5m funding round

Medicus, a health technology start-up founded in Dubai, raised €2.75 million (Dh11.5m) in the first tranche of a funding round set to close in the coming months, it said. The second tranche of its Ser…
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