Sunday 23 July 2017
 
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Egypt to get $1.25bn further IMF aid

The Executive Board of the International Monetary Fund (IMF) has approved the first review of Egypt’s economic reform programme supported by an arrangement under the Extended Fund Facility (EFF). The completion of the review allow

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Oman Air calls for investments in new Salalah offices

Oman Air is expanding its operations to Salalah and is looking for investors to build and operate the airline's new offices in the region, said a report. The airline is inviting investors and financial organisations to submit

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Oman Air calls for investments in new Salalah offices

Oman Air is expanding its operations to Salalah and is looking for investors to build and operate the airline's new offices in the region, said a report. The airline is inviting investors and financial organisations to submit

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Mubadala eyes remaining 50pc stake in Viceroy Group

Abu-Dhabi based investment and development company Mubadala is hoping to finalize a deal to buy the remaining 50 per cent of the Viceroy Hotel Group "within a matter a days". The UAE firm is in talks with the US Departme

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Mubadala eyes remaining 50pc stake in Viceroy Group

Abu-Dhabi based investment and development company Mubadala is hoping to finalize a deal to buy the remaining 50 per cent of the Viceroy Hotel Group "within a matter a days". The UAE firm is in talks with the US Departme

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Fund led by Emaar chief Alabbar acquires JadoPado

A technology fund led by Dubai billionaire and Emaar Properties chairman Mohamed Alabbar has acquired UAE e-commerce and online marketplace website JadoPado, said a report. JadoPado's website was shut down earlier this month,

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Oman Air Employee Support Fund to be launched

Oman Air, the national carrier of Oman, has announced a new initiative launched for its employees, ‘Wings of Support’.   Suggested by an Oman Air staff, the initiative is an Employee Support Fund which offers and m

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Celebrity Cruises announces support for Malala Fund

Celebrity Cruises has announced a two-year partnership with Malala Fund, whose mission is to secure 12 years of safe, free quality education for every girl. Inspired by Malala’s mission and advances in furthering girl’

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Arqaam Capital launches global macro hedge fund

Arqaam Capital, a specialist emerging markets investment bank, has launched a global macro multi-asset fund as part of its growth-led strategy and diversification into the alternatives space. The Arqaam Global Macro Fund (AGMF) is

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Abu Dhabi fund backs Senegal road project

UAE-based Abu Dhabi Fund for Development (ADFD) said it has allocated Dh53 million ($15 million) towards funding of a 336-km-long National Road No 2 (Ndioum – Ourossogui – Bakel) project in Senegal. The National Road N

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