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Dubai Investments wins ‘Arab Investor Award 2019’

Dubai 23-09-2019 Dubai Investments Company (DIC) has won the ‘Arab Investor 2019’ award for the ‘Investment Impact’ category in recognition of its diversified portfolio, its contribution to society and the empowerment of communities and businesses alike. The honoring ceremony was held at UNESCO headquarters in Paris in the presence of …

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Mubadala invests in North American business data center Kologix

– Mubadala’s investment is based on the company’s extensive experience in data and technology centers in a market with high growth rates. – A strategic deal, in partnership with Stone Peak Infrastructure Partners, will boost investment in Clogics’ expansion and development plans. Abu Dhabi 23-09-2019 Mubadala Investment Company (Mubadala), a …

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Arada unveils its new Boulevard project at Cityscape 2019

Sharjah 23-09-2019 Sharjah-based real estate developer Arad has announced the launch of its new residential community, The Boulevard, as part of the mega-project in the heart of the emirate of Sharjah, with three nine-storey residential towers each in the modern East Village community. The Boulevard will be launched at the …

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US stocks start lower

New York 23 -9-2019 SPA US stocks opened lower on Thursday, as investor confidence in the prospect of Sino-US trade talks progressed and a number of reports were awaiting the US economy. The Dow Jones industrial average was down 83.62 points, or 0.31 percent, at 26,851.45. The Standard & Poor’s …

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Dubai Commerce participates in the E-Commerce Expo in London

Dubai 23-09-2019 Dubai Commerce City, the first e-commerce free zone in the Middle East, North Africa and South Asia (MENA) region, will participate in the Expo e-commerce event, which will be hosted by the Olympia Exhibition Center in London on September 25-26. Dubai Commerce will showcase the growing opportunities in …

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AED 2.98 trillion total bank assets during August

Abu Dhabi 22-09-2019 The Central Bank of the United Arab Emirates (UAE) announced that total banking assets including bank acceptances increased by 0.3% from AED 2 trillion and 975.8 billion at the end of July 2019 to AED 2 trillion and 983.4 billion by the end of August 2019 while …

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Brazilian exports to the UAE in the first half

Dubai 2019-09-22 / WAM The volume of Brazilian exports to the UAE between January and August 2019 / 1534.18 million dollars, or 1,825.90 thousand tons of goods, while imports from the UAE 380.35 million dollars, or 680.75 thousand tons. The figures were announced during a symposium organized by the Arab-Brazilian …

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