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UAE among world’s most profitable destinations

  Dubai / WAM The UAE announced on Monday the results of the economic indicators that chart the nation’s accomplishments in foreign investment, innovation and entrepreneurship, development, competitiveness and the per capita gross national product (GNP), which reflect the UAE 2021 Vision to become among the best countries in the world during its 50th anniversary. The ratio of net foreign direct ...

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DFM and Astana International Financial Centre explore avenues of cooperation

  Dubai / WAM Dubai Financial Market (DFM) briefed a Kazakh delegation on Dubai’s leading position as a dynamic capital markets hub as well as DFM’s active role in further strengthening this position. This came up during the visit of a delegation from Kazakhstan’s Astana International Financial Centre, AIFC, to DFM, where the parties explored potential areas of cooperation. Headed by ...

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Over 10,000 quality trade professionals to attend DIFAC

  Dubai / WAM More than 10,000 quality trade professionals from the MENA region and beyond are expected to attend Dubai International Furniture Accessories and Components and Semi-Finished Products Show (DIFAC) to be held from March 7-9 in Dubai World Trade Centre. The event held in conjunction with Dubai Wood Show will attract 300 exhibitors from 100 countries around the world. ...

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RTA scoops nationwide governance award

  Dubai / WAM The Roads and Transport Authority (RTA) scooped the best government practices awards in the field of internal audit (Governance, Risks and Controls category, as well as Fraud category). RTA was also named the Overall Winner of the Superiority Award amongst participating government entities across the nation. The awards were presented at the conclusion of the Chief Audit Executive ...

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UAE takes part in GCC–Slovenian conference in Slovenia

  LIUBLJANA / WAM Dr. Rashid bin Ahmed bin Fahad, Minister of State, spoke about the depth of UAE – Slovenian relations, which are now witnessing significant development in all fields, pointing to the strength of the ties between the Gulf Cooperation Council countries and Slovenia. Dr bin Fahd made his comments during the First International GCC – Slovenian conference held ...

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State GOP wary as Republicans push repeal of health law

  ATLANTA / AP Congressional Republicans’ drive to repeal the 2010 health care law has financial and political repercussions for GOP leaders in the states and gives Democrats potential openings as they struggle to reclaim power lost during President Barack Obama’s tenure. Some Republican governors, in particular, are wary about what their Washington colleagues might do with Obama’s signature law, ...

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Cyprus leaders meet in hopes of reunifying long-split island

  GENEVA / AP The rival leaders of ethnically divided Cyprus are meeting in Geneva for a summit aiming at reunifying the Mediterranean island. Greek Cypriot President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci on Monday were kicking off three days of talks to clear up outstanding issues including the pivotal matter of how much territory each side will ...

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World powers OK natural uranium shipment to Iran

  VIENNA / AP Two senior diplomats say that the six world powers that negotiated a nuclear deal with Iran have approved a large shipment of natural uranium to the country as compensation after Tehran exported tons of heavy water. The diplomats say that the agreement foresees delivery of 116 metric tons (nearly 130 tons) of natural uranium from Russia. ...

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US Navy ship fired warning shots at Iranian boats

  WASHINGTON / AP A US military official says a US Navy warship fired multiple warning shots at Iranian patrol boats in the Persian Gulf after the Iranian vessels ignored other warnings. The official, who spoke on condition of anonymity to discuss an incident not yet publicly announced, said a US destroyer, the USS Mahan, was transiting the Strait of ...

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Syria’s Assad seeks proposed talks

  BEIRUT / AP Syrian President Bashar Assad said in remarks published on Monday that he was prepared “to negotiate everything” at talks set to begin in later this month in Kazakhstan, seeking to cast himself as a peacemaker after his forces’ recapture of Aleppo last month. However the upcoming talks, brokered by Ankara and Moscow, are still in doubt ...

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