Monday, December 14, 2015

UAE and China launch $10 billion strategic investment fund

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Finance and Economy
UAE and China launch $10 billion strategic investment fund
Both nations have also signed a number of agreements in the second week of December...
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UAE expects 3 to 3.5 per cent GDP growth in 2015 and 2016
Abu Dhabi set to grow nearly 5.2 per cent while Dubai will clock 4 per cent...
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Safety, health and infrastructure constraints key risks to Arab aviation
Skills and talent continue to be key challenges for the region's industry...
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Energy
Iran eyes exporting gas to Europe
"No barriers to increased sale of gas to Turkey"...
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Saudi economy can withstand oil downhill slope: report
The kingdom's oil output is projected to expand by 3.3 per cent by the end of 2015...
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Oman's local production, imports of natural gas stand at 32 billion cubic metres
Nearly half of the Sultanate's natural gas output was used by industrial projects this year...
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Real Estate
Real estate markets in Gulf states grow by 12 per cent
GCC economy expected to reach approximately $2 trillion by 2020...
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Abu Dhabi Financial Group looking for deals at home
The firm, with $3.2 billion of assets under management, will identify deals in the UAE...
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     News
UAE's Landmark Group dumps Trump products over anti-Islamic comments
The retail firm has suspended sale of all products from the Trump Home dacor range...
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"Regulation hits UAE banks' dealings with US banks"
There has been constraint on the availability of dollar clearance services...
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UAE tops Arab countries in e-shopping
Easy access to WiFi also accounts for the popularity of online purchases...
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Dubai private sector improves in November
Construction remains the best performing sector, followed by wholesale and retail...
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