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Halal tourism to register $238bn revenue by 2019

  Dubai / Emirates Business Reed Travel Exhibitions, organiser of the annual Arabian Travel Market (ATM) showcase in Dubai, which will take place at the Dubai World Trade Centre from April 24-27, 2017, announced that it will host the first ATM Global Halal Tourism Summit as part of its line-up of special focus events. The one-day summit, scheduled to take ...

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Waiwera campaign to show love, loyalty towards UAE

  Sharjah / Emirates Business As part of the National Day Celebrations, to show their love and loyalty for the UAE, Waiwera Artesian Water, the world’s leading mineral water brand has launched a campaign under, the slogan “Express Your Love for UAE.” The initiative was launched in the presence of HH Sheikh Saqr bin Mohammad Al Qasimi, President of Sharjah ...

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Russian aircraft carrier jets launch first Syria strikes

  Moscow/AFP Russian Defence Minister Sergei Shoigu said on Tuesday that jets from the Admiral Kuznetsov aircraft carrier deployed in the eastern Mediterranean had launched their first strikes on Syria. “For the first time in our naval history, the aircraft carrier Admiral Kuznetsov started taking part in combat,” Shoigu said at a meeting with President Vladimir Putin in the Black ...

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Cash crunch halts goods after India pulls bills

  Bloomberg The crisis sparked by the shortage of cash in India following Prime Minister Narendra Modi’s anti-graft measure to ban high-value currency bills has hit the movement of goods in Asia’s third-largest economy. More than half of an estimated 9.3 million trucks under the All India Motor Transport Congress have been affected as drivers abandon vehicles mid-way into their ...

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Korea Line wins bid to purchase Hanjin Shipping assets

  Bloomberg A South Korean shipping company that filed for bankruptcy protection five years ago emerged as the surprise winning bidder for some assets of the collapsed Hanjin Shipping Co., pipping a bigger rival that is undergoing a creditor-led debt revamp. Korea Line Corp., the nation’s second-largest bulk carrier, beat Hyundai Merchant Marine Co. to be the preferred bidder for ...

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VW reaches deal to fix most tainted Audi diesels

  Bloomberg Volkswagen AG has reached an agreement with U.S. environmental regulators to fix or buy back around 80,000 Audi, VW and Porsche vehicles with tainted 3-liter diesel engines, nearing a resolution on a key aspect of the emissions-cheating scandal, people familiar with the discussions said. Under an accord with the Environmental Protection Agency and California’s Air Resources Board, Volkswagen ...

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US delays Dakota pipeline as Trump promises quicker reviews

  Bloomberg The Obama administration has yet again delayed a decision on the controversial Dakota Access crude pipeline, even as President-elect Donald Trump vows to speed up reviews of such projects. The US Army Corps of Engineers said that it’ll hold more talks with a Native American tribe potentially affected by the pipeline before deciding on a permit that’s key ...

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UAE seeks to attract over $70bn in industrial investments by 2025

  Abu Dhabi / WAM The UAE seeks to attract more than US$70 billion in industrial investments by 2025 in response to directives from Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, a senior government official said on Monday. This will help increase the share of the industrial sector in the country’s ...

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Sharjah Ruler takes stock of key development projects

  Sharjah / WAM HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, visited a number of vital development projects in the emirate, including Al Jubail Marina Market, Sharjah International Airport, bridges and roads, exhibition and conference venues, and Sharjah Mosque projects. At the outset of his visit to Al Jubail Marina Market, he was ...

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Masdar to develop hi-fi water desalination technologies

  Abu Dhabi / WAM Masdar Institute is keen to strengthen its research efforts in the field of water desalination in the light of the challenges facing the region, including the scarcity of water resources, Dr. Behjat Al Yousuf, Interim Provost, Masdar Institute of Science and Technology, has said. She cited that the per capita consumption of water in the state ...

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