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Keen Africa: Big-information devices change business
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. For the past 50 years, the scattered, unreliable state of data about African business and financeRead More...
Dubai's Emirates hits one million Instagram followers
Dubai-based Emirates Airline has become the first carrier to achieve one million followers on photo-sharing social network Instagram.   Since launching on the platform in November 2013, Emirates has become Instagram’s largest transportatRead More...
Abu Dhabi, Dubai records ease from Sunday's high
Dubai: After a relief rally on Sunday, the Abu Dhabi and Dubai indices eased at close, taking negative leads from oil. The Abu Dhabi Securities Exchange General Index closed 0.63 per cent lower at 3,814.85, after gaining nearly 3 per cent in the preRead More...
CNN opens new hi-tech studio in Dubai Media City
CNN has officially opened a new hi-tech studio in Dubai on the 14th anniversary of its Arabic launch. The United States-headquartered broadcasting channel aims to include more Dubai content and air news stories much faster using the latest digital tRead More...
Observers expect Dubai rents to fall marginally in 2016
There has been a lot of chatter of a global recession looming round the corner. But for the common man, all that matters is whether their jobs are safe and whether house rents will decrease at the next renewal.   Industry observers believe 201Read More...
Kenya: Low oil cost won't bring about real defer to Kenya venture - Africa Oil
Falling world oil costs won't bring about a noteworthy deferral to plans to start oil generation in northwest Kenya, Africa Oil Corp's CEO said on Thursday. Keith Hill said the greatest obstacle was finishing development gets ready for an unrefined pRead More...
Venture opportunities in Mexico for UAE organizations
Mexico offers numerous open doors for financial specialists and additionally organizations and the nation is quick to improve exchange relations with the UAE, President Enrique Peña Nieto said in Dubai on Tuesday.  Nieto called attentionRead More...
GCC must make universally fit laws: Experts
Dubai: Economic specialists on Thursday talked about GCC ramifications of the 'new oil arrange' and said brokers' training is vital to tackle current business sector issues.  The second GCC Financial Markets and Treasury Conference opened in DuRead More...
IEA anticipates that oil oversupply will proceed with Iran re-entry
Oil markets will confront oversupply of no less than one million barrels a day for the third year in succession, as per a report by vitality forecaster the IEA.  The business sector could "suffocate in oversupply" this year, as per the associatRead More...
Aldar acquires Abu Dhabi office building, plans to boost income
Abu Dhabi property developer Aldar has acquired a commercial office building in Capital Centre as part of a Dhs 3bn investment plan.   The acquisition of the 23,000 square-metre Daman House is part of the company’s plans to grow its recuRead More...
Iran to buy 114 Airbus aircraft following sanctions removal
Iran is planning to buy 114 aeroplanes from French manufacturer Airbus following the removal of sanctions by world powers.   On Saturday, Iranian minister of road and urban development Abbas Akhoundi was quoted byTasnim News Agency as sayRead More...
SA has two months to implement latest Agoa deal
WASHINGTON — SA has two months to show it is implementing last week’s 11th hour agreement to open its market to US poultry and other meats or it will again face loss of trade preferences under the African Growth and Opportunity Act (Agoa)Read More...
M&A activity in 2015 crosses 1,000 deals
Global economic volatility and politics will be key factors driving merger and acquisition (M&A) activity in 2016 following a record-breaking year marked by all-time high deal volumes and high returns for acquirers, a research report released by Read More...
Kenya: Tullow Partner Africa Oil Corporation Sells Stake in Turkana Oil Blocks
Canadian-owned Africa Oil Corporation, the partner of Tullow in Turkana's exploration fields has received regulatory approval to sell half of its stake in three Kenyan blocks to Maersk Oil & Gas of Denmark which is owned by the Maersk Group. &nbRead More...
Air India winds up Sharjah-Kochi daily flights from today
Air India will stop its daily Sharjah-Kochi service with effect from January 11, 2016, leaving Sharjah’s Indian community to depend on Air India Express and other budget carriers.   However, while closing down the Sharjah–KochiRead More...
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