DP World posts 10% growth in gross volumes for 2017

DP World is on course to deliver 10 percent growth in gross volumes for 2017 and is looking forward to

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UAE invests US$6.2bn in Egypt, named biggest investor

The UAE has invested $6.2 billion in a number of service and production sectors in Egypt, making it the biggest

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Now you can get a drone flying qualification in Dubai

GEMS Education has announced the launch of an education programme using drones to be conducted at GEMS Dubai American Academy

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UAE appoints first Minister for Artificial Intelligence

The UAE on Thursday appointed Omar Bin Sultan Al Olama as the country’s first Minister of State for Artificial Intelligence

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OPEC sees balance in global oil market by end-2018

Supply and demand in the global oil market are likely to balance out by the end of 2018 thanks to

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Petrol prices in Saudi Arabia to increase by 80% in January

Saudi Arabia plans to raise domestic petrol and jet fuel prices in January, part of a programme to gradually eliminate

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Dubai Investments raises foreign ownership limit to 49%

Dubai Investments said on Wednesday that it has raised foreign ownership limit in the company from 35 percent to 49

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Dubai’s DIFC launches US$100m Fintech fund

Dubai International Financial Centre (DIFC) on Tuesday announced the launch of a US$100 million FinTech-focused fund to accelerate the development

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New electric-powered flying taxi proposed for Dubai

Dubai’s proposed fleet of flying taxis could be joined in the skies over the city by larger and more powerful

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UAE plans new law to relax foreign investment rules

A new law that exempts foreign firms from giving local partners 51 percent of companies set up in the UAE

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