Oman’s fiscal gap sharply down
Rise in revenue cut deficit despite higher spending in 2010
Business
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Mena equity markets to see growth
Emirates NBD says valuations remain attractive
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Private jet business booms
Unrest in region reinforces Dubai’s position as key tourism destination
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Algosaibis to get bank data
BofA, Citibank, StanChart and HSBC told to hand over records
Economy & Finance
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Dubai’s non-oil foreign trade rises 6% in value to reach AED1.02 trillion in the first nine months of 2019
Dubai’s non-oil foreign trade volumes surged to 83 million tons in the first nine months of 2019, an increase of 22%
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Dubai economy grows 2.1 pc in H1 2019
Dubai's economy grew 2.1 percent YoY in H1-2019, with the emirate's GDP reaching AED208.2 bn at constant prices in the
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World Bank ranks UAE first in region, third globally in ease of issuing building permits
Dawoud Al Hajri, Director-General of Dubai Municipality and Chairman of the Committee for Developing Building Permits
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Global economy projected to grow by about 3 percent this year
The global economy is projected to grow by about 3 percent this year, but the pace has continued to weaken since April,
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Dubai’s non-oil foreign trade delivers solid growth in first half of 2019
Dubai recorded a non-oil foreign trade of AED 676 billion in the first half of 2019, an increase of 5% year-on-year
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Hong Kong's summer of protests leaves economy bruised and battered
As pro-democracy protests grind on for a fourth month, Hong Kong has been left counting the cost, with the city's
Corporate
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Boeing's new CEO sees 737 Max production resuming in spring
Boeing's new CEO said Wednesday that production of the 737 Max will resume this spring, months before the company
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Tesla passes $100 billion, teeing up big payout for Musk
The meteoric rise of Tesla shares that recently pushed the company's value over $100 billion could turn into a
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Etisalat 'most valuable consumer brand' in MEA for 3rd consecutive year
Etisalat today set another milestone by coming out on top again as 'Most Valuable Consumer Brand' and 'Most Valuable
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ADNOC named UAE’s most valuable brand for second consecutive year
The Abu Dhabi National Oil Company, ADNOC, has been named the UAE’s most valuable brand for a second consecutive year
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Emaar partners with global technology leader Xiaomi for ‘Emaar Smart Home’
Emaar Properties PJSC signed a Memorandum of Understanding with Xiaomi, a global technology leader with the world’s
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RTA completes phase 1 of retrofitting its facilities, services for People of Determination
Dubai’s Roads and Transport Authority (RTA) has accomplished the initial phase of bringing its premises and facilities
Technology
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UAE to host largest gathering of edtech companies at GESS Dubai
Close to 600 exhibitors featuring some of the world’s leading education-focused brands have confirmed to attend and
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DEWA enables customers to locate Electric Vehicle Charging Stations on 14 digital platforms
To further promote sustainable transport in Dubai, Dubai Electricity and Water Authority (DEWA) has mapped its electric
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Emaar partners with global technology leader Xiaomi for ‘Emaar Smart Home’
Emaar Properties PJSC signed a Memorandum of Understanding with Xiaomi, a global technology leader with the world’s
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Hub71 launches programme to assist startups with AI tech, cloud services
Hub71, Abu Dhabi’s tech ecosystem today launched the region’s first 'Microsoft Reactor Programme' as it further
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DEWA strengthens role of AI to drive sustainability
The UAE leadership places great importance on protecting the environment and promoting a green economy, and placing
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Toyota investing $400 million in flying car company
Japanese car giant Toyota said Thursday it is investing nearly $400 million in a company working on commercialising
Energy
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Bugatti touts green ambitions while storming full speed ahead
Supercar manufacturer Bugatti, fresh off one of its best years, wants the world to know it has taken environmental
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Renewable energy shaping the future of sustainability
Renewable energy is key requirement to sustainability, and stands at the forefront of Dubai’s and the UAE’s strategic
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25 mmb of crude imported by Japan from UAE in September
Japan imported from the United Arab Emirates 24.8 million barrels of crude oil in September 2019, data released by the
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Dubai saves 7.4 billion gallons of water, equivalent to AED1.2 billion
Between 2009 and 2018, customers in Dubai saved over two terawatt-hours of electricity and 7.4 billion gallons of water
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DEWA’s Shams Dubai connects 1,354 buildings totalling 125MW of power
Dubai Electricity and Water Authority (DEWA) has connected 1,354 photovoltaic installations on residential, commercial
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OPEC daily basket price announced for Friday
The price of OPEC basket of fourteen crudes stood at US$60.02 a barrel on Friday, 13th September, compared with US$