Pound firms after EU grants Brexit extension

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The pound firmed versus the dollar after the European Union granted an extension to Brexit until the end of January while but London stocks were broadly flat. Around 1330 GMT, sterling had edged higher at $1.2844 compared with late deals…

SEWA, Dutch delegation explore cooperation in hydrogen energy

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(Sharjah) - Dr. Eng. Rashid Al Leem, Chairman of the Sharjah Electricity and Water Authority, SEWA, affirmed that SEWA is implementing a comprehensive plan to reduce carbon emissions in electricity production and water desalination, as part…

Dubai CP tours WETEX 2019

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(Dubai) - H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that the emirate is making rapid strides to strengthen its green economy and enhance sustainable development…

World Green Economy Summit 2019 concludes

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(Dubai) - The 6th World Green Economy Summit,WGES, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, concluded today. The summit, held under the theme ‘‘Innovative…

Etihad Airways, Saudia announce expansion of commercial partnership

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(Abu Dhabi) - Etihad Airways, the UAE's national airline, and Saudia, the national flag carrier of the Kingdom of Saudi Arabia, have marked the first anniversary of their commercial partnership by announcing 12 new codeshare routes to key destinations…

UAE to launch new low-cost airline

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Abu Dhabi´s giant Etihad Airways and Sharjah´s low-cost carrier Air Arabia announced an agreement to launch a new low-cost airline based in the United Arab Emirates capital. Etihad Airways posted a loss in 2018 for the third year running,…

Russia, Saudi Arabia sign key oil deal

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(Riyadh) - Energy giants Saudi Arabia and Russia sealed a key oil deal to boost cooperation among the two countries, as visiting President Vladimir Putin sought to defuse political tensions in the the region. The energy superpowers inked …

Google in smartphone push with motion-sensing Pixel 4

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(New York) - Google stepped up its smartphone ambitions with updated Pixel handsets, touting a move toward computing with a simple hand wave or spoken command. Pixel 4 models boasting features including gesture and face recognition debuted…

Dubai International Financial Centre celebrates top ten global ranking

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(Dubai) - Dubai International Financial Centre, DIFC, has risen up the ranks to eighth position of the Global Financial Centres Index, GFCI, securing the Centre’s highest ever ranking. Essa Kazim, Governor of DIFC, rang the Nasdaq Dubai…

UAE, Russia sign a MoU for air transport services

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(Abu Dhabi) - The UAE and the Russian Federation held a round of air transport talks at the Sheikh Zayed Air Navigation Center in the capital Abu Dhabi, during which they discussed ways of cooperation between the two countries and increasing…

Canada reports strong job growth as elections near

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Canada reported strong employment figures Friday with its general election just 10 days away. The economy created 54,000 jobs in September and the unemployment rate dropped 0.2 point to 5.5 percent, Statistics Canada said. The numbers…

US, Japan ink trade agreements

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(Washington) - US President Donald Trump hailed a banner day for American farmers, announcing two trade agreements with Japan that he said would deepen economic ties in agriculture and digital commerce. The trade deals, which were formally…

DMCC, Dubai FDI to promote UAE-China trade ties

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(Dubai) - DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, partnered with Dubai FDI to host a forum under the theme, 'Advancing the Dubai-China Relationship Through Trade', as part…

UAE first in Arab region and fourth globally in launching 5G

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(Dubai) - The UAE is ranked first in the Arab Region and fourth globally in the launch and use of 5G networks, according to the Global Connectivity Index, The Connectivity Index, issued by Carphone Warehouse, which specialises in technology…