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UAE’s Etihad Rail signs deal with China’s CRRC to triple wagon fleet
Etihad Rail, the UAE's national railways connecting the entire country and the GCC region, on Tuesday announced that it is tripling its wagon fleet to over 1,000 units. The contract to manufacture, supply and commission 842 new wagons was awarded to China's CRRC...
Five reasons why Israel’s peace deals with the UAE and Bahrain matter
High-level delegations from Israel and the United Arab Emirates (UAE) will sign a historic US-brokered peace deal at the White House on Tuesday. Bahrain's foreign minister will attend the event and sign its own agreement to normalise relations with Israel, announced...
Dubai Financial Market to launch derivatives platform in October
It will offer futures on five highly liquid stocks, including Emaar and Emirates NBD Dubai: UAE stock investors can trade on a new 'equity derivatives platform' on DFM from next month. The stock exchange operator, Dubai Financial Market, is in the final stages of...
UAE economy poised for recovery in 2021: How will this affect residents and their spending?
Household spending in the UAE on track to return to normal in the coming months HIGHLIGHTS The UAE economy is expected to begin recovery to pre-COVID-19 levels in 2021, with steady growth then seen continuing until 2024, lenders and rating agencies evaluate. But how...
The Impact of the U.S. Presidential Election On the Middle East
(L) Democratic presidential nominee Joe Biden delivers his acceptance speech at the Democratic National Convention from the Chase Center in Wilmington, DE, on Aug. 20, 2020. (R) U.S. President Donald Trump speaks on the first day of the Republican National Convention...
Emirates CEO predicts Global Aviation: You are part of it!
Rebuilding the Travel and Tourism Industry Emirates and ITIC Style Sir Tim Clark is ready to share is vision, how will the aviation industry will be shaping and look like in 2025? “The pandemic is a glitch,” said Sir Tim Clark, the world’s most different airline CEO....
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