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05 Dec 2008 - 09 Jun 2021
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UAE is China’s gateway to Middle East, Africa
DUBAI - A senior Chinese official has described the UAE as China’s gateway to the Middle East and Africa and a favourite destination for Chinese investments and specialised trade shows. Read Story
UAE
Tamweel launches two new products
DUBAI - Tamweel, the UAE Islamic home finance provider, expands its portfolio to capitalise on the recent announcement of the UAE Federal Cabinet regarding extension of property visa from six months to tree years.
NBAD issues Samurai bond worth Dh454.7m
Real estate is still popular among UAE elite: Study
Etihad Crystal Cargo signs freighter deal
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INTERNATIONAL
UK struggles for growth, inflation shows surprise dip
LONDON - British inflation fell unexpectedly in June and the trade gap widened, pointing to more weakness in the economy and providing support to those in the Bank of England who want to keep interest rates at a record low.
Greece raises funds as debt crisis rages
Obama presses Republicans on debt deal
UK government opens up public sector services
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BANKING & FINANCE
Prices dip with profit-taking ahead of notes sale
NEW YORK - US Treasury debt prices fell on Wednesday as investors took profits from a recent safe-haven rally ahead of an auction of 10-year notes, and as stock futures pointed to a higher open on Wall Street.
China’s forex reserves hit new record high
Prices rise for a third day on euro worries
Benchmark yields dip below 3 pct on Europe worries
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MARKETING
Murdoch under pressure to reconsider British bid
LONDON - Britain was looking for a way out of approving media baron Rupert Murdoch’s multi-billion dollar deal to buy broadcaster BSkyB amid a phone-hacking scandal that has damaged the prime minister and raised broader questions about politicians’ relations with the media.
Judges in US, Canada weigh Nortel patents sale
Apache Petroleum is takeover bait
Luxury brands riding high on stock market
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BIZ TALK
Only ‘moderate’ US growth ahead: Bernanke
WASHINGTON, USA — US Federal Reserve chief Ben Bernanke on Wednesday forecast a moderate surge in growth later this year, but said the Fed is ready with new stimulus measures if the economy continues to stall.
GOLDJul 13, 2011
TypeMorningYesterday
187.50 AED185.75 AED
176.25 AED174.75 AED
COMMODITIES
Sugar falls, strong dollar and euro debt weigh
Sugar jumps to 4-month peak, coffee dips
Russia customs union raw sugar duty
Asian corn buyers to strike deals on sell-off
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TECHNOLOGY
Google mines Internet for ‘what you love’
SAN FRANCISCO — Google on Tuesday rolled out a tool that mines the Internet for blogs, pictures, videos, and more based on the answer to the question ‘What do you love?’
Semiconductor worries fester after warnings
Space robot to practice refuelling
Devices to be powered out of thin air
BIZ SHOTS
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