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ALL PASSENGERS UNDER SCRUTINY
Lost airliner was diverted deliberately: Malaysian PM
A missing Malaysian jetliner was likely steered deliberately to a course that could have taken it anywhere from central Asia to Indian Ocean, Malaysia's PM said, in a dramatic revelation that intensified scrutiny of the crew and passengers.
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BIGGEST IPO SINCE 2008
Emaar to list shopping malls & retail subsidiary
Leading Dubai developer Emaar Properties has announced plans to list its shopping malls and retail subsidiary, marking one of the largest public offerings in the region since 2008.
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VALUATION BELOW EXPECTATIONS
Gulf Marine Services makes muted London debut
Abu Dhabi-based Gulf Marine Services (GMS) made a muted stock market debut in London, as the oil service vessel operator struggled to spark investors' interest following a glut of new share listings.
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SPOTLIGHT
Boom time for Saudi dairy sector
The dairy sector in Saudi Arabia is poised for major expansion as continued government support allows it to implement key initiatives aimed at catering to the growing demand, said a report.
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INSIGHT
Why the underworld loves bitcoin
Internet criminals, security experts say, are attracted to bitcoin because of its stratospheric rise in value, because it's easier to steal than real money, and because it's easier to trade with other criminal elements.
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RAK Properties adds new villas to Flamingo project
RAK Properties, a Ras Al Khaimah-based property developer, has added new villas to its flagship development project, Flamingo Villas.
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Emaar to list shopping malls & retail subsidiary
Leading Dubai developer Emaar Properties has announced plans to list its shopping malls and retail subsidiary, marking one of the largest public offerings in the region since 2008.
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Iranian oil import surges to one-year high
Global imports of Iranian oil hit a one-year high in January and February, the International Energy Agency (IEA) said, data that industry sources say suggests a temporary deal on sanctions pressure has helped its oil sales to recover.
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Finance House approves 25pc cash dividends
Abu Dhabi-based Finance House has approved the payout of 25 per cent cash dividends for the year ended December 31, 2013 to its shareholders. The decision was announced at the company's Annual General Meeting, said the UAE fir
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Why the underworld loves bitcoin
Internet criminals, security experts say, are attracted to bitcoin because of its stratospheric rise in value, because it's easier to steal than real money, and because it's easier to trade with other criminal elements.
More…
Ducab acquires British cable firm
Dubai-based Ducab, a leading manufacturer of wires and cables, has announced the acquisition of Britain's AEI Cables, one of the oldest cable makers in the world.
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Etihad to fly three times a day to Moscow
Etihad Airways, the national airline of the UAE, will increase its Abu Dhabi-Moscow services from seven flights per week to double daily from June 1, and then to triple daily from October 1.
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Acer targets double digit growth in Saudi
Acer is targeting double digit growth in Saudi Arabia this year on the back of steady increase in demand for its new range of touch devices, the company said.
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Six army officers killed in Egypt attack
Gunmen shot dead six army officers near Cairo on Saturday, the second attack on Egyptian security forces in three days that the military has blamed on the outlawed Muslim Brotherhood of deposed President Mohamed Mursi.
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303 deaths linked to recalled GM cars: Watchdog
US safety regulators have recorded 303 deaths when airbags failed to deploy in 1.6 million compact cars recalled last month by General Motors, according to a study released by a safety watchdog group.
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One more dead from SARS virus in Saudi
Saudi Arabian health officials have reported one more death from the new respiratory virus related to severe acute respiratory syndrome (SARS), bringing to 63 the deaths in the kingdom.
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Arab heroes shine at Abu Dhabi Triathlon
Ten spirited triathletes from around the Gulf conquered the Abu Dhabi International Triathlon in impressive style on Saturday.
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Masdar Institute launches BP scholarship programme
The Institute Center for Innovation and Entrepreneurship (iInnovation) at Masdar Institute of Science and Technology has launched the BP Innovation Scholarship programme.
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Equity firm buys into Algerian Pepsi bottler
Africa-focused investor Emerging Capital Partners (ECP) said it is buying 33 per cent of Atlas Bottling Corp, an Algerian firm which bottles PepsiCo Inc's drinks.
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