World

Some may wonder why the Banque du Liban operates a vital facility such as Middle East Airlines. The reason for this was the bankruptcy of Intra Bank in the 1960s, which made the central bank the owner of the airline since then.…
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Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has announced that it has waived the money transfer fees across all of its branches, for money donations being sent to relief organizations in…
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The United Arab Emirates (UAE) ranked first in the Arab world and 21st globally on the Global Labour Resilience Index 2020, which was issued in Davos, Switzerland during a special session held on the sidelines of the 50th summit…
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The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) yesterday launched the major solo exhibition The Red Palace, by celebrated Saudi Arabian artist Prince Sultan bin Fahad bin Nasser Al-Saud at the Cultural…
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The EBRD and the European Union (EU) have agreed a new €50 million programme of financial guarantees aimed at scaling up investment in renewable energy in Ukraine and in the EU’s Southern Neighbourhood with a particular focus on …
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For the second year in a row, Egypt has topped the EBRD’s annual investments with new commitments of €1.2 billion in 26 projects in 2019 after €1.1 billion in the previous year. Continuing its support for the southern and eastern…
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The graduation ceremony of the 27th batch of Dubai Police Academy officers was held recently in the presence of His Highness (H.H.) Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai. The gala ceremony took place at the…
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Baku City Circuit (BCC) today released the results of its second study into the economic impact that hosting the annual F1 race weekend in the Azerbaijani capital has had on the city since 2016, with the total figure for the past 4 years…
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The EBRD is investing US$ 60 million to become a shareholder in Infinity Energy S.A.E., one of Egypt’s leading private energy companies through the issuance of new shares. The funds will go towards developing the company’s pipeline of…
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Brazilian exports to Arab countries reached USD 12.197 billion in 2019, registering a 6.3 percent growth from 2018, figures from the Arab-Brazilian Chamber of Commerce (ABCC) showed recently.  The latest numbers reflect the continuously…
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