The Manchester City squad spent this week in Abu Dhabi, enjoying warm-weather training in a bid to recharge batteries ahead of the final few months of the season. The squad left the UAE’s capital on Saturday after a five-day break, with the majority of …
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Abu Dhabi awards offshore oil concessions to France’s total for $1.45bn
Abu Dhabi National Oil Company has awarded stakes in two offshore concessions to France’s total for Dhs5.3bn ($1.45bn), according to UAE state news agency WAM. The company paid $1.15bn for 20 per cent of the Umm Shiaf and Nasr concession and $300m for 5 …
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Sharjah bans ‘costly’ school homework
The Sharjah Education Zone has banned all schools in the emirate from giving students homework and projects that force their parents to shell out huge amounts of money. The decision comes following a circular issued by the Ministry of Education (MoE).
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Dubai Investment : Investments divests 50% stake in Drive
Dubai: Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has announced that its private equity subsidiary Masharie LLC has divested its 50% stake in Drive Dubai [Dubai International Driving …
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$1m Global Teacher Prize winner in Dubai
Dubai: Andria Zafirakou of Alperon Community School in the UK was declared the winner of the $1 million Global Teacher Prize for 2018 at the sixth annual Global Education and Skills Forum (GESF) held in Dubai. The announcement, will be held at a glittering …
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Egypt, UAE say reject attempts to harm Arab security
Egypt and the United Arab Emirates (UAE) on Sunday reiterated their rejection of attempts to harm the stability of the Arab countries. Egyptian President Abdel Fattah al-Sisi held talks with UAE Foreign Minister Abdullah bin Zayed al-Nahyan, who arrived in …
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Dubai Investments divests stake in Drive Dubai
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Dubai Investments offloads stake in Dubai driving school
Dubai Investments is on track with its strategy to “diligently adapt its portfolio and business verticals, with a clear focus on enhancing its investments in specific sectors”, Mr Bin Kalban added. Dubai Investments is a diversified company in which …
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Abu Dhabi signs $1.45B offshore deal with Total
The Abu Dhabi National Oil Co. made the announcement in a statement Sunday. It said Total would be granted a 20 percent stake in the Umm Shaif and Nasr concessions and a 5 percent stake in the Lower Zakum concession, paying participation fees of $1.15 …
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Abu Dhabi awards France’s Total stakes in oil concessions
Abu Dhabi (AFP) – Abu Dhabi state energy company ADNOC said Sunday it had awarded French oil giant Total stakes in two offshore oil concessions, as it looks to boost production by year’s end. Total now holds a fifth of the Umm Shaif and Nasr concession and …
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UAE’s Azizi aims to deliver Dubai mega project ahead of schedule
UAE-based Azizi Developments has announced that foundation works on phases 1 and 2 of its flagship project in Meydan One, which is set to be completed in early 2019, are almost completed. The company said the Azizi Riviera mega project continues to develop …
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Dubai Sheikh Mohammad Bin Rashid rescues tourists stranded in desert
A group of Mexican tourists were off-roading at the Dubai dunes outside the city, when there vehicle got stuck in the desert. Prime Minister Sheikh Mohammad Bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai, came to rescue the tourist.
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An Unprecedented Turnout Of 13,000 Visitors To ’Morocco In Abu Dhabi’ In 10 days
In its third edition, “Morocco in Abu Dhabi” has achieved an unprecedented turnout, with a total of 13,000 visitors in 10 days from all over the country, giving them a great opportunity to learn about Morocco’s rich cultural heritage in all its forms …
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UAE pharma giant posts $350m sales in ‘challenging’ market
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AI-assisted programmes to tackle crime in Dubai
According to Maj Gen Al Mansouri, this is good news for public safety, as it helps police and first responders more easily to spot crimes and accidents and also has a range of scientific and industrial applications. “Many sites in Dubai operate …
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Dubai’s DEWA awards $348m contracts for new substations
The new 400/132kV substations will add to DEWA’s existing 21,400/132kV substations, it said. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Sharjah launches training for local tour guides
Russian, Chinese, Spanish, French and Italian—giving them the advantage of introducing Sharjah’s history and culture to tourists, in line with the objectives of Sharjah Tourism Vision to attract 10 million tourists by 2021. – TradeArabia News Service
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