Tuesday 21 April 2015
 
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China

Emirates Steel alerts over imports hitting UAE market

Emirates Steel, the largest integrated steelmaker in the UAE, has warned of the effects of the flow in China’s and Turkey’s steel to the local markets, and called for protective actions to face the increasing competition and falling

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Grand Millennium Dubai plans China roadshow

The Grand Millennium Dubai, a luxury hotel in the UAE emirate, will organise a special roadshow in China in June, touching base in two of the most important cities, Beijing and Shanghai, to tap into the high-potential markets. Pet

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Hospitality Management Holdings eyes Chinese travellers

Hospitality Management Holdings (HMH), a fully-integrated hotel management company, is targeting the Chinese tourist market by participating in key trade events such as China Outbound Travel & Tourism Market (COTTTM) as well as organising a

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Coke to buy China drinks maker for $400m

Coca-Cola has agreed to buy the beverage business of China Culiangwang Beverages Holdings for $400.5 million including debt, to get a foothold in the fast growing multi-grain drinks category. The deal marks Coke's first takeov

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Coke to buy China drinks maker for $400m

Coca-Cola has agreed to buy the beverage business of China Culiangwang Beverages Holdings for $400.5 million including debt, to get a foothold in the fast growing multi-grain drinks category. The deal marks Coke's first takeov

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AFOCH targets Chinese tourist market

The Armed Forces Officers Club & Hotel (AFOCH), Abu Dhabi, has embarked upon a week-long tourism road show in China, stopping over two main cities to draw a larger pool of Chinese tourists expected to visit Abu Dhabi this year.  

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Oil prices rise over US production dip

Oil prices rose on Wednesday after signs of a dip in US production, but gains were capped by Chinese quarterly growth slowing to a six-year low. Front-month Brent crude futures were trading up 47 cents at $58.90 a barrel by 0310 G

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Coral Beach Resort Sharjah targets Chinese market

The Coral Beach Resort Sharjah, a luxury property in the UAE emirate, is all set to showcase its facilities at the China Outbound Travel & Tourism Market (COTTTM), which commenced today at the National Agricultural Exhibition Centre, Beijing

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Chinese group wins $600m Egypt rail contract

China Railway Construction Corporation (CRCC), the second largest state-owned construction enterprise in China, said one of its subsidiaries has been awarded $600-million contract to upgrade the Egyptian national railway. The CRCC

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Qatari banks plan Islamic finance venture in China

Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding on Tuesday to establish a company handling Islamic finance deals in China. At present there is very little Islamic finance activity i

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