Emirates wins 'Middle East & Africa Airline of the Year’

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(Dubai) - Emirates has won the Aviation 100 ‘Middle East & Africa Airline of the Year’, awarded by Airline Economics magazine. The Aviation 100 awards recognise aviation’s most outstanding performers, as well as the most innovative…

WETEX, Dubai Solar Show attract world’s largest companies

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(Dubai) - The issue of potable water scarcity around the world has led several companies operating in this sector to invest in research using new technologies for water production and storage, limiting water wastage and rationalising consumption.…

Expo 2020 takes Mastercard as official payment technology partner

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(Dubai) - Expo 2020 Dubai’s unique visitor experience will be enhanced, thanks to a new premier partnership with Mastercard that includes exploring the use of payment technologies from virtual reality to biometrics and voice shopping. The…

Mohamed bin Zayed meets Japan's JODCO, Inpex Corporation President

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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, received Toshiaki Kitamura, President and CEO of the Japan Oil Development Company, JODCO, and Inpex…

Japan's Asahi Yuzikai launches Middle East operations at DAFZA

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(Dubai) - Asahi Yukizai Corporation held an opening ceremony for its Middle East operations at Dubai Airport Freezone – DAFZA. The new office will play a key role in expanding the company’s business across the Middle East and North Africa…

UAE FM, British investors discuss cooperation

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(London) - H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has met with a delegation of British investors, as part of his official visit to Britain. The meeting tackled the growing historical…

Iran currency hits all-time low against dollar

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(Tehran) - The Iranian rial hit another all-time low against the US dollar in spite of central bank efforts to stem the decline. The rial has lost around 15 percent of its value on the open market in the past three days, bottoming at 128,500…

OPEC, non-OPEC countries hit 109 % conformity level

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(Vienna) - OPEC and Non-OPEC countries participating in the "Declaration of Cooperation" have achieved a conformity level of 109 percent in July 2018, said the Joint Ministerial Monitoring Committee (JMMC) following a meeting to review the monthly…

Nestle seals deal to market Starbucks coffee around the world

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(Zurich) - Nespresso maker Nestle said it has sealed a deal to market the products of US coffee giant Starbucks around the world, outside of its cafes. Swiss food giant Nestle, which also produces Nescafe instant coffee, had announced in…

DFSA, Singapore's Monetary Authority sign FinTech agreement

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(Dubai) - The Dubai Financial Services Authority, DFSA, and the Monetary Authority of Singapore, MAS, entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority. The agreement…

Dubai Duty Free recognised in Singapore

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(Dubai) - Dubai Duty Free was presented with its fifth Best Corporate Social Responsibility Practices Award at the 8th Asia Best Corporate Social Responsibility and Sustainability Awards, in Singapore. Hosted by the CMO Asia, a non-profit…

China to send negotiator to US for trade talks

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(Beijing) - China will send a top negotiator to the United States in late August to resume trade talks, the commerce ministry said, the first public meeting on the subject in weeks as the trade conflict intensifies. Vice Commerce Minister…

Etihad Airways, Al Nassr FC announce partnership

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(Abu Dhabi) - Etihad Airways, the national airline of the United Arab Emirates, has signed an agreement to be the official shirt and main sponsor and partner of the Riyadh-based, Saudi Stars League team, Al Nassr FC. The multi-season partnership…

Samsung unveils newest smartphone

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(New York) - South Korean electronics giant Samsung unveiled the new Galaxy Note 9 smartphone, its latest effort to address flagging sales of the high-functioning gadgets. Boosting the power and the price, Samsung hopes to win back customers…