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Business
Industries Qatar unit secures loan for expansion
last Tuesday
Dubai: Qatar Petrochemical Co., a subsidiary of Industries Qatar, has secured a 1.1 billion riyals (Dh1.1 billion) facility from Barwa Bank as it plans for significant business expansions. Qapco is committed to expand its activities as part of Qatar’s growth plans for its petrochemical ... Full story
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Business
ECB bond-buying scheme in a legal bind
last Tuesday
Berlin: The European Central Bank is now forced to defend its bond-buying programme in a German court against charges it is really an illegal scheme to fund Eurozone members through the back door. ECB president Mario Draghi has called the scheme “probably the most successful monetary... Full story
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Business
Dubai property recovery spurs demand for auto parts
last Tuesday
Dubai: The recovery of the Dubai property market has led to a boost in the consumption of auto parts, according to exhibitors at Automechanika at the Dubai International Convention and Exhibition Centre. The event opened on Tuesday. As developers launch new projects and expand existing... Full story
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Business
Dubai World makes first major asset sale
last Tuesday
Dubai: Dubai World has sold one of its UK assets. A unit of Toronto-based investment company Brookfield Asset Management has bought logistics warehouse developer Gazeley from Dubai World subsidiary Economic Zones World (EZW), the Canadian firm said in a statement on Tuesday. It did not... Full story
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Business
A salute to the unsung heroes
last Tuesday
June 10, 2013. Sad beyond words. Death is always unacceptable. Death in a high profile sport is shocking, and alas by its nature motor racing too often grabs headlines for fatalities. The motorsport world was deeply saddened to learn of the death of a marshal during race day at the Canadian... Full story
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Business
Unilever and Choithram join hands to Educate Consumers on Water Conservation
last Tuesday
June 11, 2013, Dubai, United Arab Emirates – Unilever, one of the world’s leading FMCG companies, has been helping consumers make better choices for over 100 years, and has now once again partnered with Choithram, one of the biggest retailers in the UAE, to further promote water... Full story
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Business
Fast Rent A Car strengthens its reach in the UAE
last Tuesday
Dubai, June 11, 2013: Fast Rent A Car, the leading vehicle rental service in the UAE, has announced its plans to increase its reach in the country. The group recently launched its outlet at the Sharjah International Airport. This, adding to their portfolio of 17 outlets along with a strong... Full story
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Business
INTERFACE INTRODUCES NET EFFECT™, A GLOBAL CARPET TILE COLLECTION THAT REFLECTS THE BEAUTY IN SUSTAINABILITY
last Tuesday
Dubai, UAE, 11 June 2013: Carpet tile manufacturer Interface is no stranger to thinking outside the box. It has journeyed beyond the typical design boundaries of carpet squares and planks. And it’s now breaking through to new levels of environmental and social responsibility,... Full story
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Business
Dubai Business Women Council supports NBAD Fursati session on sound invesment practices for women
last Tuesday
[UAE, June 11, 2013] - Dubai Business Women Council (DBWC) members recently participated in the latest edition of the NBAD Fursati session, which was organised under the theme “Though Markets Change, Good Investing is Timeless”. DBWC members took part and shared key insights about... Full story
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Business
FTSE opens new offices in Dubai International Financial Centre
last Tuesday
Global, 11 June 2013 – FTSE Group (“FTSE”), the global index provider, has opened an office within the Dubai International Financial Centre (DIFC). The total number of FTSE offices across Asia Pacific, Europe and the Americas is now 13. The new office will provide a... Full story



