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Abu Dhabi International bags top recognition for its environmental drive

CHIBA CITY / WAM Abu Dhabi Airports announced on Tuesday that Abu Dhabi International Airport is the first airport in the UAE to be awarded the Gold Certificate Recognition 2018 by the ACI Asia-Pacific in the airport category between 15 million to 25 million passengers per year, for its engagement and efficiency in green initiatives, and for displaying consistent commitment ...

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Noor Bank named ‘Islamic auto finance provider of the year’

DUBAI / Emirates Business Noor Bank, one of the leading Shari’a compliant banks in the UAE, won the ‘Islamic Auto Finance Provider of the Year’ distinction for the second consecutive year at the YallaCompare Banking Awards. The accolade recognises Noor Bank’s suite of auto finance services and tailored auto-focused solutions offered to customers. Speaking on the win, John Iossifidis, CEO ...

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Shurooq, Emaar Group sign deal for new hotel in Sharjah

Sharjah / WAM The Sharjah Investment and Development Authority (Shurooq), has signed a management agreement with Emaar Hospitality Group to operate a lifestyle boutique hotel in the heart of Al Qasba. Vida Al Qasba Sharjah, to be operated under Emaar Hospitality Group’s Vida Hotels and Resorts, will add yet another dimension to Shurooq’s tourism portfolio, together with some of the ...

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Emerging global trade order in focus at DMCC meet

DUBAI / Emirates Business In partnership with Asia House, DMCC, the world’s leading Free Zone for commodities trade and enterprise, hosted the ‘The New Global Trade Order’ conference at Almas Tower on Tuesday. More than 300 policymakers and leading figures from the global trade and investment industries gathered to discuss ways to better understand the emerging world trade system given ...

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Ten dead in worst Canadian mass killing in almost 30 years

Bloomberg A driver plowed a rental van through a crowd of pedestrians on a busy Toronto sidewalk on April 23, killing 10 and injuring 15, in Canada’s worst mass killing in almost three decades. A 25-year-old man was arrested after a lone policeman unwaveringly stared down the agitated suspect — clothed head to toe in black — who appeared to ...

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Senate panel approves Pompeo nomination for secretary of state

Bloomberg A divided Senate Foreign Relations Committee voted in favour of Mike Pompeo to be the next secretary of state, paving the way for the CIA director to gain approval from the full Senate later this week and handing a victory to President Donald Trump. The committee backed Pompeo’s nomination after Senator Rand Paul, a Kentucky Republican, reversed his earlier ...

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Trump warns Iran against restarting nuke programme

Bloomberg President Donald Trump warned Iran not to restart its nuclear program as French President Emmanuel Macron urged him to remain in the international agreement curbing the Islamic Republic’s atomic efforts. Trump made his differences with Macron clear from the outset of a state visit on Tuesday, beginning an Oval Office meeting by saying the Iran deal was “insane, ridiculous, ...

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Italy picks new mediator in search for majority

Bloomberg Italian President Sergio Mattarella asked lower house Speaker Roberto Fico to find out whether the anti-establishment Five Star Movement could govern with the center-left Democratic Party, in the latest attempt to break a seven-week impasse. The head of state appointed 43-year-old Fico, from Five Star, to hold talks on his behalf and report back to him by Thursday. Senate ...

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Mueller reviewed Manafort testimony on Russian Deripaska

Bloomberg Special Counsel Robert Mueller and FBI agents seized tens of thousands of items from the home of Paul Manafort and have also reviewed testimony that he gave in a civil lawsuit about a protracted business dispute with Russian oligarch Oleg Deripaska. Mueller, who is investigating Russian interference in the 2016 election, disclosed his review of the Deripaska-related testimony in ...

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Etisalat revenue grows 5 percent to reach AED13.1 billion in Q1

Abu Dhabi / Emirates Business Etisalat Group on Tuesday announced its consolidated financial statements for the three months ending March 31. Etisalat Group announced that consolidated revenues in Q1 amounted to AED 13.1 billion, representing an increase of 5 percent year over year. In the UAE, the revenue of the company in first quarter increased year on year by 3% ...

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