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UAE business confidence high for 2020, shows research

DUBAI / Emirates Business UAE business leaders are confident in their company’s growth prospects for the first half of 2020, with 69% expressing they are ‘very confident’, according to independent research commissioned by leading international recruitment consultancy, Robert Half UAE. When questioned on the rationale for optimism, many cited their company’s objective to expand business opportunities (43%), ability to attract ...

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Umex, SimTEX 2020 see deals worth AED 624mn

Abu Dhabi / WAM The UAE Armed Forces signed seven new deals worth AED 468 million on the second day of the Unmanned Systems Exhibition (Umex), and the Simulation and Training Exhibition, SimTEX 2020, taking the total value of deals to AED 624,962,659. “The total value of external deals reached AED 25,821,190,” said Staff Brigadier Fahad Nasser Al Thehli, Spokesman ...

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DP World completes acquisition of Fraser Surrey Docks in Canada

DUBAI / WAM DP World, the leading enabler of global trade, and one of the world’s largest port operators, announced on Monday it has completed the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners, alongside its partner, Caisse de dépôt et placement du Québec, thus complementing DP World’s footprint in Canada, which also includes terminal operations in Vancouver, Nanaimo, ...

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