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DoF says, public-private partnerships to see multi-billion dirham projects in few years

Dubai/ WAM Developing and maintaining a sustainable, reliable and high-quality infrastructure is the key to the success of any city, according to Abdulrahman Saleh Al Saleh, Director-General of Dubai’s Department of Finance (DoF). “We are continuously aspiring to enhance the financial sustainability of the public sector and provide a stimulus for economic growth in the Emirate of Dubai. In line ...

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Ras Al Khaimah records 118,000 visitors in August

Ras Al Khaimah / Emirates Business Ras Al Khaimah Tourism Development Authority (Raktda) on Wednesday announced record-breaking visitor numbers to Ras Al Khaimah in August, with almost 118,000 visitors choosing the UAE’s northernmost Emirate to visit and enjoy it’s fascinating history, traditional culture, magnificent landscapes and world-class hotels and resorts. The emirate of Ras Al Khaimah has witnessed a 5% ...

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Exxon puts Australia ops back on block amid global sell off

Bloomberg Exxon Mobil Corp. is again trying to sell its oil and gas operations in southeast Australia as part of a move to shed assets and boost shareholder returns. The US supermajor “will be testing market interest” for global assets, including what it operates in Australia, the company said in an emailed statement. No buyers have been identified and no ...

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