The technology was developed in a way that allows passengers to check out the scenery on the ground as they fly over them, making the “glass-bottomed plane” a virtual reality. On one of its flights bo…
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UAE launches advanced farm technologies scheme
The UAE has launched a programme that aims to accelerate the process of adopting advanced agricultural technologies in the country. Unveiling the joint programme between the Future Food Security Offic…
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Sharjah, Sao Paulo Examine Ways Of Building Stronger Beneficial Relationship
The 25th Sao Paulo International Book Fair 2018 is hosting representatives from Sharjah, who seek to strengthen bilateral trade and cultural relations between Sao Paulo and Sharjah. Bruno Covas, Mayor …
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DUBAI, United Arab Emirates | Saudi Arabia orders Canadian envoy to leave over criticism
DUBAI, United Arab Emirates — Saudi Arabia on Monday ordered the Canadian ambassador to leave the ultraconservative kingdom within 24 hours after his nation criticized the recent arrest of women’s rig…
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UAE-based RAKBANK Implements Kamakura Solutions for Balance Sheet Management and Funds Transfer Pricing
SINGAPORE, Aug. 6, 2018 /PRNewswire/ — Kamakura Corporation reported today that UAE-based RAKBANK has signed an agreement to implement Kamakura’s solutions for its balance sheet management and funds …
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Mashreq widens Alipay options for rising number of Chinese tourists to the UAE
Mashreq Bank is expanding its partnership with Chinese mobile payments provider Alipay to 1,000 retailers within the next three months, from 150 now, as it seeks to capitalise on the influx of Chinese …
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United Arab Bank secures $185m funding
Dubai: United Arab Bank (UAB) has concluded syndicated term financing facilities that add up to $185-million (Dh679.45). The two-year bullet term financing facilities comprise a conventional facility …
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Abu Dhabi to host Grand Slam event if it ends blatant discrimination
Unlike many other news organizations, we have not put up a paywall … United Arab Emirates to reinstate the judo Grand Slam event scheduled for October in Abu Dhabi. Last month, the IJF suspended the …
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Dubai Properties Appoints Art Marine to Manage Culture Village Marina
Dubai Properties has appointed ART Marine, the region’s largest and best-known 360-degree leisure marine enterprise, as the exclusive operator of its marina at Culture Village. The 60-berth marina, lo…
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UAE diamond jewellery start-up raises Dhs1.5m funding
UAE-based start-up Fergus James – a diamond jewellery retailer – has received Dhs1.5m ($408,441) in funding from local angel investors to expand its e-commerce business, it announced on Sunday. The si…
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Dubai Chamber Strengthens Global Presence with Opening of India Office
DUBAI, United Arab Emirates–(BUSINESS WIRE)–The Dubai Chamber of Commerce and Industry has announced the opening of its new representative office in India, which will be tasked with identifying new …
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Once Billed as a Financial Haven in the Middle East, Dubai Turns Investors Wary
DUBAI—Investors are questioning whether Dubai’s young financial center can police itself as the meltdown of its marquee private-equity firm highlights broader concerns about placing money in the regio…
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UAE-based investors must remain vigilant as trade war steps up
Moreover, possible fluctuations in the financial markets could also heavily impact the UAE, with the dirham pegged to the dollar. As such, should the trade war ramp up between the world’s two largest …
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UAE Exchange underpaid workers for seven years
UAE Exchange must also train human resources staff and reimburse any employee underpaid $20,000 or more with up to $500 in costs of obtaining financial advice. “Under the Enforceable Undertaking, UAE …
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UAE weather to finally start cooling down by August 24
there’s less than three weeks to go before the weather in the UAE starts to turn. Stepping outdoors in the middle of the day is no easy task as the level of humidity spikes up to 90 per cent, accompan…
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Dubai launches new taxi system to reduce waiting time at events, conferences
Last week the city’s official convention bureau Dubai Business Events (DBE) announced 125 successful bids to host business events in the first half of 2018, a 29 per cent increase from the same period …
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UAE to finally start cooling down by August 24
there’s less than three weeks to go before the weather in the UAE starts to turn. Stepping outdoors in the middle of the day is no easy task as the level of humidity spikes up to 90 per cent, accompan…
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