Dubai marks arrival of six international cruise liners in one day

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(Dubai) - Strengthening Dubai’s position as the leading "cruise hub of the region", the emirate welcomed six international cruise liners on 29th December 2019, via the Mina Rashid cruise terminal. The terminal dealt with over 60,000 cruise…

Etihad, Kuwait airways launch new codeshare partnership

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(Abu Dhbai) - Etihad Airways, the national airline of the United Arab Emirates, and Kuwaiti flag carrier, Kuwait Airways, have signed a codeshare partnership on selected services on bookings effective 22nd December 2019, for travel from 5th…

Etisalat first operator in MENA to introduce MEC technology

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(Abu Dhabi) - Etisalat announced the successful deployment of a multi-access edge computing, MEC, which will pave the way for the telecommunications entity to roll out new 5G-styled services, beginning with its content delivery network, CDN. MEC…

Saudi Aramco acquires 17% of South Korean Hyundai Oilbank

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(Dhahran) - Saudi Arabian Oil Company, Saudi Aramco, has completed, through its subsidiary Aramco Overseas Company, the acquisition of 17 percent of Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately US$1.2 billion. The…

Dubai Chamber hosts business delegation from Azerbaijan

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(Dubai) - A visiting delegation representing 27 Azerbaijani companies recently visited the Dubai Chamber of Commerce and Industry where meetings focuses on expanding business ties were held. According to Dubai Chamber, some 204 meetings were…

Germany to address shortage of skilled workers: Merkel

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(Berlin) - Germany is facing a risk of businesses relocating due to a shortage of skilled workers, German Chancellor Angela Merkel said. "We know that many sectors and businesses are looking for skilled workers," the German news agency DPA…

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…