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Global spend on Islamic economy food, lifestyle to hit $3trn by 2021

  Dubai / Emirates Business For the fourth consecutive year, Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals, in partnership with the Dubai Islamic Economy Development Centre (DIEDC), and in collaboration with DinarStandard presented the key findings from the State of the Global Islamic Economy Report (SGIE) and introduce the Global Islamic Economy Indicator (GIEI) ...

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Hamdan issues new fines for Dubai tram violations

  Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, issued Executive Council Resolution No. (51) of 2016 partially amending the Executive Council’s Resolution No. (1) of 2014 on regulations governing the tram system in Dubai. The new amendments aim to enhance safety standards in the tram system. ...

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Dubai to host African investment conference

  Dubai / Emirates Business Close to 400 business leaders and government representatives will meet in Dubai next week to discuss foreign investment opportunities in Africa during the Africa Legal Network’s (ALN) 3rd Annual International Conference on 5-6 October at the Park Hyatt, Dubai, UAE. The invite-only event is set to attract a number of high-profile speakers, including UAE Minister ...

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RTA Dubai to highlight energy, green economy at WETEX

  Dubai / WAM The Roads and Transport Authority (RTA) will exhibit on Tuesday its green economy achievements at the 18th Water, Energy, Technology and Environment Exhibition (WETEX) 2016, held under the theme ‘Leadership in Sustainability’. The three-day exhibition takes place on 4th and runs through until 6th October 2016 at the Dubai World Trade Centre. Held by the Dubai Supreme ...

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ZonesCorp delegation tours Al Masaood group headquarters

  Abu Dhabi / Emirates Business As part of its comprehensive programme of visits to its investors, a delegation representing the different departments from the Higher Corporation for Specialized Economic Zones (ZonesCorp), headed by HE Saeed Eisa Mohammed Al Khyeli, Director General of ZonesCorp visited the headquarters of the Al Masaood Group. The delegation was received by HE Abdulla Al ...

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Dubai South inks ‘Smart City’ deal with Queensland

  Dubai / Emirates Business In its quest to raise the bar and build a world-class roadmap for smart cities globally, Dubai South on Monday inked a strategic Statement of Intent (SOI) with the Trade and Investment Queensland (TIQ). Signed by His Excellency Khalifa Al Zaffin, Executive Chairman, Dubai Aviation City Corporation and Dubai South and Jackie Trad, Deputy Premier ...

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Dubai Holding, Dubai Future Accelerators join hands

  Dubai / Emirates Business Dubai Holding, the global investment holding company, announced on Monday its role as a founding entity in Dubai Future Accelerators, the programme by Dubai Future Foundation that focuses exclusively on the identification and deployment of futuristic prototypes and products on a city-wide scale. Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...

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Etihad extends Africa reach with ‘kulula’

  Abu Dhabi / WAM Etihad Airways, the national airline of the UAE, signed a new codeshare agreement with kulula, South Africa’s low cost carrier, to build its presence in Africa. The codeshare deal offers Etihad Airways customers flight options to a number of key cities in South Africa, including Cape Town, Durban, George and East London via Johannesburg. Etihad Airways ...

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Obaid Al Tayer to head UAE team at WBG, IMF meetings

  Abu Dhabi / Emirates Business HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will head the UAE delegation at the annual meeting of the World Bank Group (WBG) and International Monetary Fund (IMF) in Washington DC from October 07-09. HE Obaid Humaid Al Tayer will hold a series of bilateral meetings aimed at strengthening the UAE’s relations ...

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Pound plunges as UK minister warns of Brexit ‘rollercoaster’

  Birmingham / AFP The pound hit a three-year low against the euro on Monday after Prime Minister Theresa May said Britain will trigger Brexit negotiations by the end of March and her finance minister warned of “turbulence”. Sterling weakened to 87.46 pence against the euro, the lowest level since August 2013, after May’s government gave more details about how ...

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