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UAE-China Trade Hits $15 Billion

DUBAI - The total trade volume between China and the UAE reached $15 billion in the first nine months of 2009, with exports to the UAE amounting to $13.29 billion against $1.7 billion imports into China, the Commercial Office of Chinese Consulate in Dubai said on Tuesday.

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$172b Investments Likely in ME Airports

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$172b Investments Likely in ME Airports

ABU DHABI - Middle East airports are currently investing $86 billion in expansion plans and this will double after 2025, with the major airports in the region aggressively pursuing the goal of becoming a global hub, according to a new study from the multi-disciplinary research group Frost and Sullivan.

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Lower Property Prices Bode Well for Dubai

DUBAI - The global real estate market is gearing up for a recovery, as investors consider emerging markets in the Middle East and North Africa, with attractive low prices likely to put the UAE property market back on track, according to a global consultng company, 
A.T. Kearney.

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Dubai Taxi Net Profit Up by 48pc

DUBAI - Dubai Taxi Corporation reported a 27 per cent increase in its operational revenues during the first nine months of this year commencing from January to the end of September, while reporting a sharp increase in net profits of 48.40 per cent, compared to the same period in 2008, according to a statement on Sunday.

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