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2nd Global Business Forum on LatAm in Feb

Dubai / WAM The Dubai Chamber of Commerce and Industry has announced that it will organise and host the 2nd Global Business Forum (GBF) on Latin America in Dubai on February 27-28, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. The two-day forum will be ...

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DIEDC joins London-based RFI Foundation

Dubai / WAM The Dubai Islamic Economy Development Centre (DIEDC) has become an observer member of the London-based Responsible Finance and Investment (RFI) Foundation, it has been announced. The step represents the rising stature of Islamic finance among the world’s responsible finance systems. Under the terms of the partnership, the RFI Foundation and DIEDC will collaborate towards the common goal ...

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UAE, Turkmenistan discuss ways to promote investments

Abu Dhabi / WAM Ways of promoting investment and cooperation in multiple areas, particularly renewable energy and infrastructure, were the crux of a meeting on Tuesday HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation held with Deputy Minister for Foreign Affairs of Turkmenistan Berdyniyaz Myatiyev. The two sides discussed an array of regional and ...

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US stocks add to all-time highs; 10-year yield tops 2.5 percent

Bloomberg US stocks added to all-time highs before the start of earnings season, while the dollar got a boost from policy steps in Asia that propelled Treasury yields to the highest level in nine months. The S&P 500 Index rose a sixth straight advance in an unblemished start to the year, the Dow Jones Industrial average resumed its march higher ...

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Gulf markets move little, Egypt rises on ‘presidential election’

Reuters Gulf stock markets were mostly sluggish on Tuesday as Qatar slowed after surging for two days, but Egypt’s bourse rose after authorities announced a date for presidential elections. Some of the best performers of the past two days pulled back, with Doha Bank losing 1.5 percent. But Aamal Co rose 2.4 percent after announcing plans for an affiliate which ...

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ADNOC awards contracts for offshore sour gas fields

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), on Tuesday awarded the two Front End Engineering Design (FEED), contracts for its planned offshore ultra-sour gas mega-project, which consists of the Hail, Ghasha and Dalma fields. Bechtel was awarded the Hail and Ghasha FEED Contract, and TechnipFMC the Dalma FEED Contract. Both are worth many hundreds of millions ...

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DCCI gets five-star rating

Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that developing practical approaches to enhancing the happiness of the public is a critical part of realising the vision of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al ...

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Hamdan attends DPA graduation ceremony

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Tuesday attended the graduation ceremony of postgraduates with master’s and doctoral degrees, as well as the 25th batch of cadet officers with a Bachelor’s degree in Law and Police Science. The ceremony was attended by HH ...

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‘UAE preferred destination for entrepreneurs’

Dubai / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) and Chairperson of Sharjah Entrepreneurship Centre (Sheraa), has valued the support of the wise leadership for creative youth, through the Mohammed bin Rashid Award for Young Business Leaders, affirming that the UAE has become a preferred regional and an international destination for ...

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AED68.5mn mall opens in Al Dhait

Dubai / WAM Majid Al Futtaim-the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia on Tuesday opened My City Centre Al Dhait to meet the everyday dining, lifestyle and retail needs of Ras Al Khaimah’s fastest-growing communities. Today’s inauguration marks Majid Al Futtaim’s first investment in a community and convenience focused retail and ...

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