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Business
Abu Dhabi International Boat Show launches early bird ticket sales
Early bird ticket sales for the Abu Dhabi International Boat Show (ADIBS), the UAE capital's prestigious boating, marine, and fishing show, have begun. From 24 to 27 November 2022, the…
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FDIs in UAE grew by 116 percent over the last decade
The UAE has witnessed significant growth in Foreign Direct Investment (FDI) in the recent years, despite the COVID-19 pandemic. The Ministry of Economy reported that during the past…
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Global media and entertainment industry to reach $2.4 trillion by 2023
A growing dependence on innovation and artificial intelligence (AI) is evident in the global media and entertainment services sector. PricewaterhouseCoopers (PwC) estimates the sector…
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UAE plays a crucial role in securing global energy supplies – OPEC
As one of the world's largest oil producers, and considering future directions to increase energy productivity, Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum…
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India to build 220 airports, heliports, and water aerodromes in five years
Under Prime Minister Narendra Modi, India has planned to build and operationalize 220 airports, heliports, and water aerodromes over the next five years. In a written reply to a…
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Safadi and Guterres discuss partnership and common challenges
Ayman Safadi, Jordan's foreign minister, and UN Secretary-General Antonio Guterres affirmed Jordan's partnership with the UN and their cooperation in tackling challenges. In their…
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Suez Canal revenue hits highest record at $704 million in July 2022
The revenue from the Suez Canal for Egypt in July amounted to $704 million, according to the chairman of the Suez Canal Authority, Osama Rabea, on Tuesday. According to Rabea, the Canal…
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Bank ABC named Best Bank in the Middle East for Innovation in Digital Banking
MENA Newswire: Bank ABC, MENA’s leading international bank, has emerged as the Middle East Winner at ‘The Banker’s Innovation in Digital Banking Awards 2022’ by the Financial Times. The…
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UAE and Kenya to negotiate Comprehensive Economic Partnership Agreement
A Joint Statement was signed in Nairobi by Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, and Betty Maina, Cabinet Secretary, Ministry of Industrialization,…
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PM Modi launches first International Bullion Exchange in India
India's first International Bullion Exchange (IIBE) was launched by Prime Minister Narendra Modi at Gujarat International Finance Tech (GIFT) City in Gandhinagar, India. Additionally,…
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