Polo’s elite image dissolves in Europe

  Berlin / DPA Legend has it that polo originates in Persia and dates back to around 370 BC. Alexander the Great, whose armies swept through some 40 years later, is said to have become an instant fan. By the mid 19th century the sport had taken hold among Europe’s upper classes, with British army officers among the most passionate ...

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Nasdaq Dubai launches trade in single-stock futures

  Dubai / Reuters The Nasdaq Dubai exchange began trading single-stock futures on shares in some of the UAE’s biggest companies on Thursday, a step towards drawing fresh money into UAE equity markets. Nasdaq Dubai’s standardised, exchange-listed futures, or agreements to buy or sell shares at an agreed price on a future date, are cheaper to trade and more transparent, ...

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ATDD organises tour for students

  AJMAN / WAM In a bid to inform students about the Emirate of Ajman’s famous touristic destinations and increase awareness of local tourism, the Ajman Tourism Development Department (ATDD) organised city sightseeing tours for students of Ajman University. The two-day tour coincides with the opening of the new academic year, and a total of 400 students visited the emirate’s ...

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DGCX volume reaches 13million contracts

  Dubai / WAM Volume on the Dubai Gold and Commodities Exchange (DGCX) touched close to 13 million contracts, growing 43% over the same period last year to record the highest ever volume for this period in over a decade. This year, DGCX recorded an average 75,516 contracts a day, valued at around US$1.70bn. The exchange also registered an impressive ...

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Caracal International showcases latest products at Korea Expo

  SEOUL / WAM Defence Expo Korea, which opens next week, is a key platform for Caracal to showcase its latest firearms, which utilise the latest concepts in tactical requirements, ergonomic design and cutting-edge manufacturing techniques in addition to offering the best technical solutions in the field of modern firearms. “Through our participation in Defence Expo Korea, we are proud ...

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1,000 arrested as post-vote violence rocks Gabon capital

  Libreville / AFP Police arrested 1,000 people as security forces fanned out across Gabon’s capital on Thursday after a night of riots and looting that erupted when President Ali Bongo was declared winner of disputed polls. Thousands of angry protesters poured onto the streets of Libreville late Wednesday, accusing the government of stealing the election after Bongo won a second ...

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End Syria’s bloodshed, says father of dead toddler Aylan

  Berlin / AFP The father of Aylan Kurdi, the three-year-old Syrian refugee boy whose body washed ashore on a Turkish beach a year ago, on Thursday denounced the world’s failure to stop the bloodshed in his home country. “The politicians said after the deaths in my family: Never again!” the bereaved father, Abdullah Kurdi, 41, told Germany’s Bild daily. “Everyone ...

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Explosions as Turkey clears mines from Syrian border

  Karkamis / AFP Turkish military experts on Thursday cleared mines from the area of the Syrian town of Jarabulus captured from extremists last week, using controlled explosions that sent clouds of dust and smoke into the sky, an AFP photographer said. Pro-Ankara Syrian rebels, backed by Turkish aviation and tanks, took Jarabulus from IS fighters in a lightning operation and ...

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10,000 Syrian refugees find new home in US

  Istanbul / AFP On Sunday, Nadim Fawzi Jouriyeh participated in a ceremony in Amman, Jordan, to mark the United States hitting its target of taking in 10,000 Syrian refugees in a year-old resettlement program. On Wednesday, the 47-year-old former construction worker and his family were walking grocery aisles, stocking up on roasted chicken, milk and lemons for their new ...

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Powerful militia storms out of Myanmar peace talks

  Naypyidaw / AFP Delegates from one of Myanmar’s most heavily armed ethnic groups stormed out of peace talks on Thursday in an early blow to a landmark gathering aimed at ushering in a new era of peace. The five-day conference in the capital Naypyidaw has been hailed as the best chance in a generation for Myanmar to end wars ...

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