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NBAD’s 2016 report sees prospects in volatile markets

ABU DHABI / EMIRATES Business National Bank of Abu Dhabi (NBAD) has published its ‘Global Investment Outlook 2016’, entitled ‘Investment Strategies in Today’s Volatile Markets’, that examines the global economic and investment environment, and provides insights that should help investors navigate financial markets profitably during the rest of 2016. Last year’s report anticipated the difficult year ahead for 2015, describing ...

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UAE Chambers signs MoU with Chamber of Tajikistan

ABU DHABI / WAM The Federation of United Arab Emirates Chambers of Commerce and Industry and the Chamber of Commerce and Industry of the Republic of Tajikistan have signed a Memorandum of Understanding (MoU) to strengthen cooperation, on the sidelines of the Global Forum on the work of the Commonwealth of Independent States (CIS), organised recently by Dubai Chamber of ...

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DPG unveils ‘Serena’ development in Dubai

DUBAI / WAM Dubai Properties Group (DPG), one of the largest fully integrated real estate and community development businesses in Dubai, on Sunday unveiled the master plan of Serena, its latest residential development for 2016, which will be located at DUBAILAND. Spanning a total area of approximately 8.2 million sq.ft., the smartly designed residential community targets the surging affordable housing ...

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Emirates Post Group takes part in Car Free Day

DUBAI / WAM Employees of Emirates Post Group (EPG), are actively supporting Car Free Day, being observed on February 21, under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. The highlights of EPG’s participation included displaying special Car Free Day posters in all post offices and ...

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UK PM appeals to London Mayor on crucial EU deal

London / Bloomberg Prime Minister David Cameron started selling his deal on Britain’s membership in the European Union to voters with a direct appeal to Boris Johnson, the last senior figure in his Conservative Party still to declare which side he’ll join in the campaign. “I would say to Boris what I say to everybody else, which is that we ...

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Cameron faces UKIP as ‘Brexit’ campaigning starts

London / Bloomberg Prime Minister David Cameron on Sunday began the daunting challenge of persuading his country to stay in the European Union, after announcing a June 23 referendum on its membership of the bloc. The conservative premier will face the outspoken leader of the eurosceptic UK Independence Party (UKIP), Nigel Farage, and Scottish First Minister Nicola Sturgeon. Cameron announced ...

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Some key hurdles in Brexit referendum campaign cleared

LONDON / AFP Prime Minister David Cameron has cleared some key hurdles as he takes his first steps in what promises to be a bitter campaign ahead of an EU membership referendum in June, experts said. Starting with a reform deal struck at a European Union summit on Friday, Cameron went on to secure the support of the overwhelming majority ...

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Shelters multiply as London’s homeless problem grows

London / AFP Every night Andrew, Cristian and Shafiqul visit a church in the wealthy central London district of Westminster to share a meal and get a place for the night sleeping off the cold and wet streets. Currently homeless, the three are among 15 people given places to sleep by six churches and a synagogue, alternating on a daily ...

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ENOC retail eyes 40 percent growth in network capacity

Dubai / Emirates Business The retail business segment of Emirates National Oil Company (ENOC) plans to increase capacity by 40 per cent between 2016 and 2020 across its network of service stations in the UAE. The growth plans include ongoing renovation of two major service stations in Dubai Internet City and OudMetha and the construction of 54 more stations in ...

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Maserati’s first SUV to arrive during Ramadan

Sunaina Rana / Emirates Business Italian luxury car manufacturerMaserati has revealed the exteriors of its new addition — Maserati Levante. The first SUV from the manufacturer, Levante will be unveiled at the Geneva Motor show in March.According to Maserati,worldwide launch of the first models of Levante— completes the existing range of saloon and sports cars — will come later in ...

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