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Flydubai Dammam cancellations continue as Etihad maintains suspensions // Antalya route offers UAE Iranians new Tehran connection // MENA startup investment tumbles without major October deals // Microsoft challenges proposed US restrictions on Chinese optical components // Servers.com widens dedicated server network with six facilities // ADNOC logistics vessel suffers damage in UAE waters // India weighs replacing ageing wind turbines to raise generation // Turla malware intercepts NATO and EU government correspondence // South Korea levies unprecedented penalties on bond auction dealers // Hijack warning forces Air India aircraft into isolation // Nvidia presents GR00T 2 for demonstration-trained robot tasks // Helsing prepares Berlin debut for military targeting software // Malaysia Airlines Secures Major Accolades for Service and MICE Offering // OpenAI quarterly sales reach $10 billion as losses widen // Saudi, Qatari and Kuwaiti sukuk lead Gulf liquidity // Unseen planetary neighbour shifts giant world’s orbit from view // UAE authorises Ultomiris for additional kidney disease treatment // Panasonic Singapore Brings Back Highly Anticipated Japan Tour Lucky Draw // WellEra and Capella Bring Together the Science of Wellness and the Art of Hospitality at Thailand’s First Capella-Branded Residences // House Republicans divert Hegseth impeachment resolution to committee //
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Emaar gets rule exemption to float mall business on DFM

|By TAP Staff| The listing of Emaar Properties mall business on Dubai Financial Market instead of Nadaq Dubai as originally envisaged would necessitate an exemption from the DFM rule regarding the minimum size of…

The Arabian Post Network·May 27, 2014
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Travelex buy puts Shetty in a new league

May 26, 2014
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JP Morgan sees rupee @57 in 3 months

May 25, 2014

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Shetty-acquired Travelex to be independent of UAE Exchange

|TAP Special|Travelex, which has been acquired by leading UAE businessman Dr. B. R. Shetty along with his partners associated with Centurion…

The Arabian Post Network·May 24, 2014
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Featured

UAE Exchange to buy Travelex

|TAP Special|UAE Exchange owners are said to be in talks with Apax Partners, the London-based private equity firm that controls Travelex…

The Arabian Post Network·May 23, 2014
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Featured

Etihad faces heat over ‘state funding’

Etihad Airways had access to an interest-free $3 billion loan from Abu Dhabi’s ruling family, the Australian Financial Review newspaper said…

The Arabian Post Network·May 23, 2014
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Featured

Ex-Gulf Finance House man arrested in Dubai for Leeds fraud

Leeds’ former managing director David Haigh has been arrested in Dubai for alleged financial irregularities during his time at the club,…

The Arabian Post Network·May 22, 2014
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Featured

Dubai outscores all US cities for healthcare

|By TAP Staff| Dubai outscores all US cities in terms of its healthcare system, the latest Cities of Opportunities report has…

The Arabian Post Network·May 21, 2014
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Featured

NBAD to have an India base

National Bank of Abu Dhabi plans to set up a regional financial base in India before the end of this year…

The Arabian Post Network·May 21, 2014
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Featured

A Metro ride to Sharjah: How do you like it?

|TAP Special| Sharjah might soon have its own Metro, which could be linked to Etihad Rai, as part of a massive…

The Arabian Post Network·May 20, 2014
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Featured

Dubai market records biggest fall in 8 months

Dubai’s index makes its one-day decline in eight months on Monday and technical indicators suggest it will fall further, while most…

The Arabian Post Network·May 20, 2014
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Featured

Pre-Ramadan correction on DFM forecast

Analysts are predicting a pre-Ramadan correction on the Dubai Financial Market. They say this has happened twice before: in early 2006…

The Arabian Post Network·May 19, 2014
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Featured

Driverless podcars coming to Dubai soon

The Personal Rapid Transit (PRT) system, or the podcar, may soon become reality in Dubai. In Masdar City in Abu Dhabi,…

The Arabian Post Network·May 18, 2014
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Featured

India ratings to depend on reforms, says S&P

The fiscal and economic reforms taken by India’s new government in the next two to three months will have “significant implications”…

The Arabian Post Network·May 17, 2014
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Lamprell to raise $120m on way to recovery

Oil rig maker Lamprell said on Friday it would raise about $120 million to boost its productivity after returning to profit…

The Arabian Post Network·May 17, 2014
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Featured

MSCI: DP World, NBAD volumes set to rise 10-fold

Stock markets in Dubai, Abu Dhabi and Qatar will see relatively large one-off inflows of money at the end of May…

The Arabian Post Network·May 15, 2014
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UAE, Qatar now officially Emerging Markets

Equity index provider MSCI reclassified equities across a broad spectrum of markets on Wednesday as part of its semi-annual review, adding…

The Arabian Post Network·May 15, 2014
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Featured

Etisalat completes $5.7b telco buy from Vivendi

Etisalat has completed its purchase of a 53 percent stake in Maroc Telecom from Paris-listed Vivendi  for 4.14 billion euros ($5.67…

The Arabian Post Network·May 15, 2014
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Featured

Dubai set to reclaim ‘crane capital’ status?

|By TAP Staff| The reappearance of cranes on the Dubai skyline is encouraging analysts to predict that the emirate is soon…

The Arabian Post Network·May 13, 2014
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Featured

Sebi keeps close watch as stocks continue to surge

The Securities and Exchange Board of India (SEBI) is keeping a close watch on markets after shares rallied to record highs…

The Arabian Post Network·May 13, 2014
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Featured

Mortgage buying of Dubai properties set to be curbed

|By TAP Staff|The ability of mortgaged buyers of Dubai properties  to step on to the housing ladder is set to be…

The Arabian Post Network·May 12, 2014
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Featured

Dubai sells $1.7b German business

Dubai International Capital, the private equity arm of Dubai Holding, today announced that it has signed an agreement for the sale…

The Arabian Post Network·May 11, 2014
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Son makes $58 billion with Alibaba windfall

With Alibaba Group Holding Ltd. filing to go public, the biggest winner won’t be founder Jack Ma or his fellow executives…

The Arabian Post Network·May 11, 2014
Featured

Jumeirah Group to invest AED8b in expansion

Dubai-based hotel operator Jumeirah Group will invest 8 billion dirhams ($2.19 billion) to expand projects in 11 countries over the next…

The Arabian Post Network·May 10, 2014
Featured

Dubai leads earnings growth in Gulf markets

Dubai’s bourse has outpaced other Gulf markets by a wide margin in terms of companies’ first-quarter profit growth, data show, supporting…

The Arabian Post Network·May 9, 2014
arabianpost
Featured

UAE Shariah Governing Unit to oversee Islamic banking

|By TAP Staff|The UAE central bank is considering the establishment of a Shariah Governing Unit to oversee Islamic finance on the…

The Arabian Post Network·May 8, 2014
Featured

IMF warns against possible Dubai property bubble

Dubai may need stronger measures to counter property speculation in the emirate, a senior International Monetary Fund official said on Tuesday…

The Arabian Post Network·May 7, 2014
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Featured

S&P picks holes in UAE banking regulation

|By TAP Staff|A new Standard & Poor’s report has picked holes in UAE’s banking regulations and the legal infrastructure, citing these…

The Arabian Post Network·May 6, 2014
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Featured

Fat tax-free packages can’t keep Gulf bankers happy

Banking and finance professionals in the Middle East plan to seek new jobs this year after bonuses failed to meet expectations,…

The Arabian Post Network·May 4, 2014
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Is Dubai the new Spain for British expatriates?

|By Nicole Blackmore| Is Dubai the new Spain? Britons are abandoning their place in the Spanish sun for countries with better…

The Arabian Post Network·May 4, 2014

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Just in:
Nvidia presents GR00T 2 for demonstration-trained robot tasks // Etisalat sweeps UAE mobile network awards fourth time // High Court strikes down police curbs on hotel night life // MENA startup investment tumbles without major October deals // New Two Way Trade Momentum Highlighted at China-Africa Cooperation Forum in Yiwu // Google introduces specialised TPU systems with AMD processors // Fake Cloudflare checks conceal malware within PNG images // UAE authorises Ultomiris for additional kidney disease treatment // Turla malware intercepts NATO and EU government correspondence // BJP complaint against Murali over Vande Mataram // Auto, taxi unions go on strike // Hijack warning forces Air India aircraft into isolation // Malaysia Airlines Secures Major Accolades for Service and MICE Offering // South Korea levies unprecedented penalties on bond auction dealers // Dubai leads investment preferences in UAE residents survey // Helsing prepares Berlin debut for military targeting software // Goldman Sachs and Citi earmark $270 million for stablecoin // WellEra and Capella Bring Together the Science of Wellness and the Art of Hospitality at Thailand’s First Capella-Branded Residences // Antalya route offers UAE Iranians new Tehran connection // OpenAI quarterly sales reach $10 billion as losses widen //
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