ABU DHABI / WAM Abu Dhabi’s agribusiness leader Al Dahra Holding and Abu Dhabi Ports on Tuesday launched the Gulf region’s largest and only rice factory of its kind at Khalifa Industrial Zone (Kizad). The AED 140-million facility will produce up to 120,000 metric tonnes of rice per annum with 40 silos, each boasting a 750-tonne capacity. Owned by ...
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Manama / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received British Prime Minister Theresa May, in Manama, Bahrain. HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, and HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs ...
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Dubai / Emirates Business The Dubai Airport FreeZone Authority (DAFZA) confirmed its intention to explore new opportunities for enhancing economic, commercial and investment ties with Germany investors. This falls under an ambitious marketing plan aimed at introducing the competitive advantages of the Freezone to the global business community and attracting direct foreign investments to further push national economic development ...
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Abu Dhabi / Emirates Business Morocco in Abu Dhabi is officially open for public, and is receiving significant interest from UAE residents, expats and visitors, who are flocking the event to see what the Moroccan talent has to offer, in a successful event being held for the second year running. This year’s edition is being held under the supervision ...
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Dubai / Emirates Business Holograms, massive videoboards, and state-of-the-art audio and lighting displays will be among the audiovisual innovations set to make Expo 2020 in Dubai the world’s most technologically advanced event. The UAE is one of the fastest-growing professional audiovisual markets in one of the fastest-growing regions of the Middle East. The UAE’s professional audiovisual market is set ...
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Dubai / Emirates Business IMG Worlds, Dubai-based owner and operator of the world’s largest indoor theme park, IMG Worlds of Adventure, announces the launch of its latest project, IMG Worlds of Legends. With nine unique zones spread across over 2 million square feet, IMG Worlds of Legends will feature some of the most exciting and popular brands in the ...
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Aleppo /Â AFP Syrian regime forces were on the verge on Tuesday of seizing a major rebel district of Aleppo as Moscow and Washington traded barbs over stalled efforts to end fighting in the battle-worn city. After retaking control of about two-thirds of east Aleppo in recent days, forces loyal to President Bashar al-Assad were advancing Tuesday on the large residential ...
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Bloomberg The European Union signaled Prime Minister Theresa May must first strike a deal for the UK’s post-Brexit trade ties with the bloc or lose out on a transitional phase that banks and businesses want. As both sides prepare to face off in the new year, Michel Barnier, the EU’s chief negotiator, told reporters in Brussels on Tuesday that ...
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Copenhagen / AFP Danish toy maker Lego announced a management shake-up to develop the brand beyond its iconic plastic bricks under the leadership of its veteran chief who brought the company back from the brink of bankruptcy. Chief executive Jorgen Vig Knudstorp took over Lego when it was on verge of collapse in 2004 and transformed it into one ...
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Seoul / AFP South Korea’s most powerful tycoons, including de facto Samsung chief Lee Jae-Yong, stammered and squirmed on Tuesday under a verbal assault from a parliamentary committee probing a corruption scandal that has riveted the nation. Millions watched in astonishment as the televised hearing showed the heads of the country’s eight largest conglomerates being publicly chastised over donations ...
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