US on verge of landmark China trade deal: Trump

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(Washington) - The United States was poised to announce a historic trade deal with China, easing a commercial dispute that has roiled markets for almost two years. Reports that Washington and Beijing had struck a bargain at last -- subject…

UAE, Kyrgyzstan boost ties, exchange agreements

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(Abu Dhabi) - His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Sooronbay Jeenbekov of Kyrgyzstan witnessed the exchange of various agreements and memoranda…

Mexico, Canada sign deal finalizing USMCA trade pact

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(Mexico) - The United States, Mexico and Canada signed a deal finalizing their new trade agreement after more than two years of arduous negotiations and paving the way to ratification. US Trade Representative Robert Lighthizer said additions…

Italy breaks ground for its pavilion at Expo 2020 Dubai

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(Abu Dhabi) - Italy, among the first countries participating in the Universal Exposition to start building its own pavilion, has broken ground at Expo 2020 Dubai. Themed ‘Beauty connects people’, it will showcase its finest minds, talent…

Asian Infrastructure Investment Bank delegation visits UAE

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(Abu Dhabi) - A delegation from the Asian Infrastructure Investment Bank, led by Sir Danny Alexander, Vice President and Corporate Secretary at AIIB, has visited the UAE to strengthen ties between the UAE and AIIB. Speaking on the occasion,…

Etihad Airways named ‘World’s leading Airline’

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(Abu Dhabi) - Etihad Airways, the national airline of the UAE, has been recognised with four awards at the 26th annual World Travel Awards, WTA, held at the prestigious Royal Opera House in Muscat, Oman. The WTA is one of the industry’s leading…

US online Black Friday sales hit record $7.4 bn

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Online sales on Black Friday in the United States hit a record $7.4 billion this year, with a jump in the number of transactions made from smartphones, according to data released Saturday by Adobe A(Mnalytics. (New York) - The figure was…

Cyprus signs $9 billion gas deal with energy majors

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(Nicosia) - Cyprus announced it had signed its first natural gas exploitation deal worth $9.3 billion with a consortium comprised of industry giant Shell, US-based Noble and Israel´s Delek. "Noble Energy, Shell and Delek now have in their…

Etihad Airways, Tourism Malaysia partner to promote travel to Malaysia

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(London) - Etihad Airways, the national airline of the United Arab Emirates, announced a partnership with Tourism Malaysia to attract visitors from Europe and the Middle East to Malaysia, via the airline’s Abu Dhabi hub. The agreement was…

Saudi Aramco heads for possible record-setting market debut

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(Dhahran) - Saudi Arabia announced the stock market debut of energy giant Aramco, in what could be the world´s biggest IPO, underpinning Crown Prince Mohammed bin Salman´s ambitions to overhaul the kingdom´s oil-reliant economy. After…

UK airline giant IAG agrees to buy Spain's Air Europa

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British Airways owner IAG agreed to buy Spain's Air Europa for 1.0 billion euros to expand routes to Latin America and the Caribbean, boosting Madrid as a key hub. The London-listed company said in a statement that it has signed a transaction…

Saudi Aramco announces intention to offer IPOs on domestic stock market

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(Riyadh) - Saudi Aramco, the world’s largest integrated oil and gas company, wholly owned by the Government of the Kingdom of Saudi Arabia, announced its intention to proceed with an initial public offering (IPO) on Riyadh's Tadawul Stock…

Fiat Chrysler, Peugeot in merger talks to create $50 bn firm

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(Washington) - US-Italian auto giant Fiat Chrysler and France´s Peugeot are in merger talks that would yield an entity valued at about $50 billion, a person with knowledge of the matter told AFP. Carlos Tavares, the chief executive of Peugeot´s…

Hyundai to test self-driving car service in California

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(San Francisco) - Hyundai announced that it will begin testing a self-driving ride service in Southern California next month. The South Korean automaker said that it collaborated with technology group Pony.ai and rideshare firm Via for an…