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Deals worth AED3.8bn signed as SIAL 2016 wraps-up

  Abu Dhabi / Emirates Business The seventh annual SIAL Middle East exhibition, the fastest growing event for the region’s food, drink and hospitality sectors, concluded yesterday at the Abu Dhabi National Exhibition Centre (ADNEC) with a record number of visitors and deals worth billions of dirhams conclude. Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, ...

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Mai Dubai selects Swisslog to achieve 2020 goals

  Dubai / Emirates Business Mai Dubai, the Dubai-based bottled drinking water company, commissioned Swisslog to automate its storage and distribution logistics at its new mega expansion project in Dubai in order to reach its 2020 goals. The order value of the project amounts to 21 million US dollars. As Swisslog builds on its strengths in logistics in the food ...

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Syria rebels call for truce as Aleppo losses mount

  Aleppo / AFP Rebels in Aleppo called for a five-day truce and the evacuation of civilians on Wednesday after losing more than three quarters of their territory including the Old City to a Syrian army offensive. In the face of a blistering assault by forces loyal to President Bashar Al-Assad, the rebels were reported to have retreated on Wednesday from ...

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Aussie economy shrinks as spending falls

  Sydney / AFP Australia’s economy contracted for just the fourth quarter in 25 years, official data showed on Wednesday, slowing the annual growth rate to 1.8 percent amid weaker government and consumer spending on top of softer trade figures. The Australian Bureau of Statistics reported a 0.5 percent contraction for the September quarter. It was the weakest figure in ...

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Samsung prevails over Apple in $399 million patent appeal

  Washington / AFP The US Supreme Court overturned a $399 million patent infringement penalty imposed on Samsung for copying Apple’s iPhone design, in a case watched for its implications for technology innovation. The shorthanded justices ruled 8-0 that Samsung should not be required to forfeit the entire profits from its smartphones for infringement on design components, sending the case ...

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Gulf region’s largest rice factory launched at Kizad

  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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UAE, UK to enhance tourism, renewables and banking ties

  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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DAFZA explores investment coop with German investors

  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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Morocco in Abu Dhabi offers insight into Moroccan heritage, culture

  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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UAE’s audiovisual market to hit US$1.2bn by year end

  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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