Saxo Bank transforms fixed income trading

  DUBAI / Emirates Business A strong combination of technology and access to up to 40 of the largest liquidity providers will significantly improve efficiency and reduce costs for clients. Saxo Bank, the online trading and investment specialist, announces today that it is transforming fixed income trading with the launch of the first truly digital trading solution for corporate and ...

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LASVIT blends elements of light, music and water at Dubai Opera

  Emirates Business Dubai Opera is a truly unique venue and the emirate’s first purpose built multi-format performing arts theatre situated in the heart of Downtown Dubai. Designed by Janus Rostock of Atkins, Dubai Opera resembles a traditional dhow boat and all elements of the interior and exterior are in keeping with the heritage of Dubai which revolves largely around ...

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Majority in UAE vote for complete holiday package

  Sharjah / Emirates Business With the holiday season upon us, HolidayMe, a unique website offering on-the-fly customized travel solutions to customers across the Middle East, revealed the findings of its travel survey. The survey which was conducted online with over 1500 HolidayMe customers in the UAE, revealed Maldives (27.1%), Georgia (16.8%) and the United Kingdom (13%) as the top ...

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Filipinos in UAE see positive change in Philippines

  DUBAI / Emirates Business Filipinos in the UAE are very optimistic that the quality of life and the investment environment in their home country are on its way to seeing good improvements. A survey conducted by New Perspective Media (NPM), organisers of the annual Philippine Property and Investment Exhibition (PPIE), showed that a whopping 98 per cent of Filipinos ...

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Using public cloud to get work done in UAE firms

  Gregg Petersen / Emirates Business At almost every conference, event or analyst meeting you attend, you’ll hear someone discuss how your business can benefit from the Operating Expense (OPEX) model, greater agility, and faster deployment speeds offered by the public cloud. But let’s be honest: If you go to your internal IT staff and propose the public cloud, you’ll ...

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OPEC freeze talks already paying off

  Bloomberg Even as speculation builds over whether OPEC will clinch an output deal with Russia this month, their negotiations are already paying off. Hedge funds and other investors reversed their bets on falling oil prices at the fastest pace in five months after producers said they would meet in Algiers, data from the U.S. Commodity Futures Trading Commission show. ...

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Oil industry fears more chaos after Colombia rebels disarm

  Bloomberg While Colombia’s recent agreement to end 52 years of internal war with its largest insurgent group has been heralded across the globe as a rare victory for peace, the nation’s oil industry fears the deal may increase turmoil, not reduce it. Parts of the accord with the Revolutionary Armed Forces of Colombia, or FARC, will amplify the risk ...

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Israel to get $38 billion in US military aid over 10 years

  WASHINGTON / AP The United States will provide Israel’s military with $38 billion during the next 10 years, officials said, the largest batch of military assistance the U.S. has ever pledged to another country. Following months of behind-the-scenes negotiations, the State Department said the two countries had reached a 10-year agreement, with a signing ceremony planned for Wednesday. The ...

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China seen investing more in coal power plants

  Bloomberg China may be investing too much in coal power, with construction of new plants accelerating at the same time that demand growth for electricity is slowing, the International Energy Agency said. The world’s biggest investor in fossil-fuel generation started more than 70 gigawatts of new coal projects last year and had 200 gigawatts under construction at the end ...

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Russia may ban Egyptian citrus amid wheat dispute

  MOSCOW / Reuters Russia threatened to ban Egyptian citrus imports on Tuesday, a move that could escalate a trade dispute over exports of Russian wheat to the world’s largest importer of the grain. Moscow said this week it hopes to hold talks with Egypt, its top buyer, over Cairo’s failure to approve Russian wheat shipments since tightening its regulations ...

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