Aviation Business editor Joe Peskett asks whether one of Europe’s most profitable airlines replicate its vast continental success in the Gulf market …
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The CEO of Dubai Duty Free, the largest airport retail operation in the world, expects business to return to normal by 2023
The retailer logged $2 billion in revenue in 2019, but has had to lean on ecommerce and promotions to keep premium flyers shopping amid the pandemic.
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Masdar: A Green Print For The Shift From Fossil Fuel Dependence?
As Masdar reaches its 15th birthday, does the company’s approach provide a framework for shifting MENA dependence on fossil fuels?
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UAE, Israel have huge potential for economic cooperation: Al Zeyoudi
The UAE and Israel have significant potential for economic cooperation, said Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, during the first UAE-Israel Business Summit 2021, a …
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Finance: Dubai’s fast start fuels hope for 2021
If you want to see what a strong economic and financial recovery might look like in 2021, you’ll find it in Dubai.
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Topgolf Kicks Off 2021 With High-Profile Venue Opening in Dubai
Topgolf Entertainment Group, a global sports and entertainment company, opened the doors to its highly anticipated venue in Dubai, U.A.E. earlier this month, marking the fifth country where Topgolf …
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Russia’s Alfa-Bank and UAE’s First Abu Dhabi Bank Join CLSNet
CLS announced on Monday its partnership with two new banks, Alfa-Bank and First Abu Dhabi Bank, that agreed to use payment netting calculation services CLSnet.
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Dubai partner ‘very happy’ with Trump Org despite Capitol chaos
Donald Trump’s business partner in Dubai on Wednesday said he was interested in expanding their commercial relationship despite the storming of the U.S. Capitol last week.
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Dubai Loan Standoff Is Said to Pit State Company Against Lenders
A unit of the main conglomerate controlled by Dubai’s ruler is facing off against creditors including Mashreqbank PSC after telling them it won’t fully repay a loan that was restructured in 2013, …
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27 workers, mostly Indians, injured as bus collides with truck in Dubai
The bus was transporting workers of a perfume factory to their employment site in Jebel Ali Technology Park this morning when the collision happened, the Gulf News reported.
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Covid vaccine Dubai: DHA chief receives second dose
The Dubai Health Authority (DHA) chief has received the second dose of the Covid-19 vaccine.Humaid Al Qutami, Director-General of the authority, urged others to get their Covid-19 vaccine, too.Posting …
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UAE Unveils Low Cost Solar Power in Berbera
The United Arab Emirates development support of Somaliland continued to increase with the funding of a low-cost solar power project in Berbera, the capital of the Sahil region. Somaliland Vice …
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UAE-Israel collaboration to bring innovation in healthcare, medical tech
The two nations can work together “to transform health care, not just in two countries, but in the entire region.” …
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UAE daily coronavirus cases cross 3,000 as authorities push vaccine
The daily number of COVID-19 cases in the United Arab Emirates crossed the 3,000 threshold for the first time this week as authorities in the Middle East’s business and tourism hub urged people to …
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SMEs warned not to over-extend themselves following UAE retail group’s collapse
With suppliers claiming they are owed ‘millions’ by Gulf Greetings General Trading LLC, SMEs have been advised to keep a tight grip on credit control or risk their own futures …
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UAE’s coronavirus cases hit new daily peak despite vaccination success
Daily virus cases hit 3,362 on Wednesday, the highest number since the outbreak of the coronavirus pandemic The UAE on Wednesday recorded its highest number of daily coronavirus cases for the second …
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IHC’s unit acquires 60% of Afkar Financial and Property Investment
Abu Dhabi – IHC Industrial Holding, a wholly-owned subsidiary of International Holdings Company (IHC), has completed the acquisition of 60% of the share capital of Afkar Financial and Property …
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