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HuaweiDUBAI - UAE shares declined on Thursday, with Dubai extending its losing streak to a fourth session, while profit-takers targeted property and banking stocks in Abu Dhabi.
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DUBAI - Flydubai, Dubai’s first low cost airline, is continuing the rapid expansion of its network with the announcement of flights to Aleppo, Syria’s second largest city, from July 13. The Aleppo flights will be served by flydubai’s third Boeing 737-800 NG aircraft, which is due to arrive early in July.
ABU DHABI — The UAE’s top regulator has issued a draft of new corporate governance guidelines for its banking sector, the first update in seven years in a region that has been criticised as lacking transparency.
SHARJAH - Syrian-owned MAG group said on Wednesday it was aiming to seal a deal to buy a French tyre factory from Continental by the end of the year and would resume production in 2010 after restructuring the plant.
DUBAI - Dubai Multi Commodities Centre, or DMCC, announced that the International Pulses Trade and Industry Confederation, or IPTIC, also known as the Confédération Internationale du Commerce et des Industries des Légumes Secs, or CICILS, has relocated its global headquarters from Europe to Dubai, and will operate as a registered entity within the DMCC Free Zone.
DUBAI - Samsung Electronics Co., Ltd. has announced the global launch of it new generation smart phone that combines advanced features of a smartphone and easy-to-use user interface of a conventional mobile phone.
DUBAI - Brussels Airlines, a leading airline group for flights in and out of Belgium, has signed a three-year deal with Dnata Switzerland for ground handling services at Geneva.
ABU DHABI - The General Civil Aviation Authority, or GCAA, of the United Arab Emirates, announced the launching of operations at the new Shaikh Zayed Centre for Air Traffic Movement from the June 6, 2009.
DUBAI - Government and non-government institutions in Sharjah met recently to discuss strategies aimed at accelerating economic development in the emirate.
DUBAI - UAE property developer ETA Star has handed over Liberty House, a Dh500-million, 42-storey office-cum-residential property at the Dubai International Financial Centre, and is on track to deliver four other projects worth Dh1.5 billion by the end of 2009, its executive director said on Tuesday.