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UAE Stocks Continue to Fall

The UAE and Arabian Gulf markets at large have seen stocks fall amidst falling Chinese equities and on-going low oil prices. There is also uncertainty in the market as the world looks on to the United States, as it decides on the interest rate later this week. Majority of the Asian stocks fell yesterday once[...]
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OSN joins hands with 11 banks with $400m five-year loan

Reputable banks endorse the Middle East’s leading television Subscriptions Company 11 banks, such as JP Morgan, Credit Suisse, and the National Bank of Kuwait along with Commercial Bank of Dubai, Citigroup, HSBC, First Gulf Bank, Société Générale, Mushreq, Barclays, and BNP Parbibas plan to support OSN, a prominent television subscription company through a 5 year[...]
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AED 150 Million will be Invested by the Daman Joint Venture in Gulf Cooperation Council’s Food and Beverage

The JV is named ICON Arabia. This joint venture promises to bring 15 F and B brands to the GCC. Daman, the Dubai oriented property management agency declared that this organization has built a joint venture business relationship with the Canada based organization ICON Legacy Hospital to devote in GCC’s F and B sector. The[...]
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Passenger Boom: Dubai International Airport Sees 29.6% Increase in Traffic in July

Around 6.68 million served in the premier airport of the Emirates Emirates’ international gateway to the rest of the world, Dubai International Airport, has been busy welcoming more than 6.68 million passengers who have passed through the various terminals of the airport in July. The airport authorities declared on Wednesday that this has seen an[...]
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