Shares of Fannie Mae and Freddie Mac slump 32 pct and 34 pct respectively, on Tuesday, after a U.S. appeals court upheld dismissal of hedge funds’ claims against the … CID’s Inspector Purvi is holidaying in Dubai, see pics Sports Calendar 2016 – Times …
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Tesla working on new Dubai service centre
Following confirmation by Elon Musk, co-founder and CEO of Tesla, at the World Government Summit last week that Tesla was setting up shop in the UAE, car enthusiasts are welcoming news the first cars will be shipped to Dubai by summer. For now, the front …
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Look: Dubai’s ruling family bonding outdoors
Dubai: The weather is simply perfect for spending time outdoors. At this time of year, families across the UAE take this opportunity to spend quality time with the family while also appreciating the fresh air, the smell of rain and the wet grass. Even the …
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Why is UAE building a military base in Somaliland?
The United Arab Emirates is building a military base in Berbera in Somalia’s self-declared republic of Somaliland. It has proved controversial among neighbouring countries in the Horn of Africa. Tomi Oladipo explains the reasons behind the deal.
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UAE-Saudi combined GDP stands at $1 trillion
Dubai, Feb. 22 (BNA): Combining the capabilities of the United Arab Emirates and the Kingdom of Saudi Arabia can create historic opportunities for their people and the whole region, said Vice President and Prime Minister and Ruler of Dubai, HH Shaikh …
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UAE, Saudi can create historic opportunities for the whole region: UAE Vice President
Combining the capabilities of the United Arab Emirates and the Kingdom of Saudi Arabia can create historic opportunities for their people and the whole region, said Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin …
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Jobs in UAE: These sectors are hiring
Within the next three months, 52 per cent of UAE employers said that they are ‘definitely’ or ‘probably’ going to hire. Employers in the UAE have revealed that they are planning to start hiring new employees very soon, particularly in the real estate …
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$931 mln in defence contracts announced on day four of Abu Dhabi expo
ABU DHABI Feb 22 The United Arab Emirates (UAE) announced 3.42 billion dirhams ($931 million) in defence procurement contracts on Wednesday, the fourth day of the biennial International Defence Exhibition (Idex) in Abu Dhabi. The UAE Armed Forces have …
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UAE orders MBDA anti-ship missiles
Feb. 21 (UPI) –MBDA reports it has been contracted to supply the United Arab Emirates navy with Marte MK2/N anti-ship missiles. The number of missiles and contract details were not disclosed, but the weapons will be carried by the navy’s high-speed …
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UAE honours business excellence, innovation
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, honoured 32 companies that were named winners of the ninth cycle of the Mohammed bin Rashid Al Maktoum (MRM) Business Award and the first cycle of the MRM Business Innovation Award …
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Dubai expats keen to celebrate milestone year with vigour
Emmanuel Kamarianakis, Canadian Consul-General in Dubai, told Gulf News he is overwhelmed by the response from Canadian expats to this year’s historic anniversary judging by the turnout of hundreds at the launch of Canada 150 in Dubai on January 18 …
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Fire guts US mansion owned by UAE Embassy
A mansion in Fairfax County, Northern Virginia owned by the UAE embassy in the US went up in flames on Saturday morning, according to a Washington Post report. The report cited property records and two men who lived there in saying the home is owned by the …
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Dubai has plans for the world’s first rotating skyscraper where the views constantly change
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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