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Bail refused to Kochi sex assault accused // Satheesan resists Anil as new state Cong chief // Alphabet’s Malaysia investment sharpens focus on AI spending // X’mas bumper lottery prize money raised to ₹25 crore // Dubai activates six-lane Al Khaleej Street tunnel // Houthi missile barrage damages Aramco tower in Riyadh // Tesla schedules Cybertruck production wind-down for mid-2027 // Abu Dhabi property transaction value climbs 76.1 percent // Turkish court remands senior financial regulators in fund investigation // UAE Coast Guard evacuates 22 from burning cargo vessel // Burnham pledges British solidarity after deadly Krakow shooting // Basheer sets Feb deadline for delayed ULCCS projects // Binance appoints Justin Yek as finance chief after theft // Hyperliquid Strategies pursues US futures registration through subsidiary // Freeze on new bar licences // Ghantoot clinches Pink Polo Cup as screenings draw crowds // HKUST President and Chinese Academy of Sciences Academician Prof. Nancy Ip Receives UNESCO Honor for a Second Time // Vijayan accuses CM of being evasive // UAE forecast to lead solar output per person // Wall Street’s AI Reckoning Offers India A New Opening //
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AlWaleed, Forbes settle dispute

|TAP Special| Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud and Forbes have settled Alwaleed’s libel suit against the Forbes and two writers on mutually agreeable terms, it was announced. Given the opening of…

The Arabian Post Network·June 16, 2015
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Shetty’s NMC buys ProVita for $160m

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Animosity charges up IATA proceedings

|TAP Special| The atmosphere at the IATA conference in Miami was surcharged with tension, with the animosity between Western and Middle…

The Arabian Post Network·June 9, 2015
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Qataris see anti-Arab bias in scandal

|TAP Special| Sections of public opinion in the Arab Gulf see anti-Arab bias and the grudge in losing the bid  for…

The Arabian Post Network·June 8, 2015
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FIFA under pressure on Qatar World Cup

|TAP Special| The release of a new book, titled The Ugly Game, which claims to contain damning evidence of malpractices within…

The Arabian Post Network·June 7, 2015
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Etihad submits rebuttal to US

|By TAP Staff| Etihad has formally submitted a document to the United States government rebutting allegations by U.S. carriers that it…

The Arabian Post Network·June 3, 2015
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Amlak plunges on trade resumption

Shares in Dubai Islamic mortgage provider Amlak Finance fell sharply as they resumed trading on Tuesday after being suspended for nearly…

The Arabian Post Network·June 3, 2015
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Why oil price is bound to fall further

|By Fiona Maharg-Bravo |Big Oil is too confident about crude prices. After a 40 percent rally from January’s six-year low, the…

The Arabian Post Network·June 1, 2015
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More arrests coming in FIFA fraud

|By K Raveendran| Qatar has maintained complete silence over any possible connections with the indictment of FIFA officials on various charges,…

The Arabian Post Network·May 31, 2015
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Islamic State expanding in Southeast Asia

The Islamic State in Iraq and Syria has ramped up its activities in Southeast Asia so effectively that there is now an entire…

The Arabian Post Network·May 29, 2015
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The Qatari connection in FIFA indictment

|TAP Special| It has been stated that the indictment of the FIFA bosses by the US Attorney General is not likely…

The Arabian Post Network·May 29, 2015
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Gulf, Western aviation standoff at new turn

|By K Raveendran| The battle for supremacy between American and European legacy airlines on one side and the Gulf carriers of…

The Arabian Post Network·May 27, 2015
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RAK Ceramics buyer takes stake in London bank

|By K Raveendran| Samena Capital, which recently completed the purchase of UAE’s global ceramics leader RAK Ceramics, has acquired a significant…

The Arabian Post Network·May 26, 2015
Featured

Clampdown on misleading bank ads, sales pitch

|By K Raveendran| Bank customers often find themselves being led up the garden path by the sweet talk of sales agents…

The Arabian Post Network·May 26, 2015
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Arcapita sells US apparel retailer

By TAP Staff|Arcapita, the global investment management firm, announcedthe completion of the sale of J.Jill Group Inc., a leading US-based multi-channel…

The Arabian Post Network·May 24, 2015
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Featured

Vacancy fear may prompt Dubai landlords to lower rents

|Special by TAP Staff| RERA’s Rent Index system continues to be unrealistic as it fails to factor in variables such as…

The Arabian Post Network·May 21, 2015
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Featured

Abu Dhabi set to gain from coal investment in Mongolia

|Special byTAP Staff|Abu Dhabi-based Aabar Investments is expected to reap rich dividends from its involvement with Mongolia’s coal industry in the…

The Arabian Post Network·May 21, 2015
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Featured

Goldman sees oil at $45 by Oct

|By TAP Staff| Oil is poised to slump to $45 US a barrel by October as a surplus of crude and…

The Arabian Post Network·May 19, 2015
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Featured

Gulf Re acquisition completed

|By TAP Staff| Arch Reinsurance Ltd. (Arch) announced completion of its acquisition of Gulf Reinsurance Ltd. (Gulf Re), a specialty reinsurer…

The Arabian Post Network·May 18, 2015
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Featured

Dubai Islamic to issue dollar sukuk

Dubai Islamic Bank (DIB) has picked six banks to arrange fixed income investor meetings from Thursday for a potential benchmark size,…

The Arabian Post Network·May 18, 2015
Banking & Finance

UAE banks have many liquidity options

Top UAE banks paying off the emergency loans they previously took from the Ministry of Finance is a sign they now…

The Arabian Post Network·May 13, 2015
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Featured

DP World launches $500m bond

DP World, one of the world’s biggest port operators, has launched a $500 million, five-year bond that will price later on…

The Arabian Post Network·May 12, 2015
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UAE traders charged with bid to manipulate gold, silver futures

|By TAP Staff| The US CFTC has filed a civil action against Heet Khara and Nasim Salim, residents of the United…

The Arabian Post Network·May 9, 2015
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Oversupply forces Dubai hotels to start undercutting

|TAP Special| Faced with a continued upswing in capacity creation, Dubai hospitality sector is under pressure and is forced to continuously…

The Arabian Post Network·May 5, 2015
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5% drop in Dubai residential sales forecast

|By TAP Staff| The sale of residential properties in Dubai may continue to slide by one to five percent in the…

The Arabian Post Network·May 5, 2015
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Western airlines hired secret agents to unearth Gulf subsidies

|TAP Special| US airlines companies hired secret accountants to unearth how Gulf governments subsidized their airlines, including Emirates, Etihad and Qatar…

The Arabian Post Network·May 1, 2015
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Featured

Saudis fast burning up reserves

|By Nafeesa Syeed & Rinat Gaynullin|Saudi Arabia is burning through foreign reserves at a record pace as the largesse of the…

The Arabian Post Network·May 1, 2015
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Featured

Japan firm takes stake in ADCO

TOKYO—Japan’s Inpex Corp. has secured a 5% stake in Abu Dhabi Company for Onshore Oil Operations, or ADCO, one of the…

The Arabian Post Network·May 1, 2015
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Featured

Dubai Investments to enter Africa

Dubai Investments said on Wednesday it plans to enter new markets in Africa and the Gulf region, as it reported a…

The Arabian Post Network·April 29, 2015

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Just in:
DEWA and Dell pursue stronger digital utility infrastructure // X’mas bumper lottery prize money raised to ₹25 crore // Bail refused to Kochi sex assault accused // ADNEC Abu Dhabi secures regional MICE venue honour // Houthi missile barrage damages Aramco tower in Riyadh // Burnham pledges British solidarity after deadly Krakow shooting // Binance appoints Justin Yek as finance chief after theft // Freeze on new bar licences // Wall Street’s AI Reckoning Offers India A New Opening // Abu Dhabi property transaction value climbs 76.1 percent // Alphabet’s Malaysia investment sharpens focus on AI spending // Satheesan resists Anil as new state Cong chief // Turkish court remands senior financial regulators in fund investigation // UAE Coast Guard evacuates 22 from burning cargo vessel // Tesla schedules Cybertruck production wind-down for mid-2027 // Greens back Sreedharan plan // Paraguay court detains impeached Peña over bank collapse // UAE forecast to lead solar output per person // Coca-Cola bottling holding company submits share sale prospectus // Ghantoot clinches Pink Polo Cup as screenings draw crowds //
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