Business & Money | Sunday 22 July, 2018 7:46 am

IMF warns G20 economic leaders that tariffs hurting global economy

The International Monetary Fund (IMF) warned world economic leaders on Saturday that a recent wave of trade tariffs would significantly harm global growth, a day after US President Donald Trump threatened a major escalation in a dispute with China. IMF Managing Director Christine Lagarde said she...

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Tourism & Hospitality | Sunday 22 July, 2018 7:44 am

Makkah governor: Basmat Jeddah Gardens project will be harmonized with Jeddah's new airport

Prince Khaled Al-Faisal, governor of Makkah and adviser to King Salman, stressed the importance and aesthetic value of the Basmat Jeddah Gardens project, harmonized with the new King Abdul Aziz International Airport. He also underlined the need to join efforts to complete it on time. During a...

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Tourism & Hospitality | Sunday 22 July, 2018 4:34 am

Health Takes Center Stage at Emirates Park Zoo & Resort Summer Camp

The team at Emirates Park Zoo & Resort spent an entire afternoon introducing the participants of the Summer Camp to the wonders and wows of the animal kingdom while teaching them all about how to own happy and healthy pets.  The pet programme offers a rewarding experience for children,...

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Government | Sunday 22 July, 2018 4:18 am

Dubai Cares hosts its first summer camp in partnership with Al Ihsan Charity Association

Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives, today kicked off its ‘Summer Camp’ edition of Volunteer Emirates, in partnership with Al Ihsan Charity Association. The initiative will run between the 21st and 26th July, with the participation of 400 volunteers...

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Business & Money | Sunday 22 July, 2018 4:14 am

Farnborough airshow announces $192 bn in orders

England’s Farnborough airshow this week saw deals worth $192 billion (164 billion euros), a jump of more than 50 percent compared to 2016, in a sign of “confidence in global trade,” organizers said Saturday. The biannual air industry gathering recorded more than 1,400 commercial...

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Environment & Energy | Sunday 22 July, 2018 4:09 am

Egypt hikes gas prices by up to 75 pct in IMF-backed austerity plan

Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75 percent, the latest move in an IMF-backed austerity program that has left many Egyptians struggling to make ends meet. The increases follow hikes to fuel, electricity and public transport prices...

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Tourism & Hospitality | Sunday 22 July, 2018 4:08 am

Thousands attend Saudi Arabia’s 11th Honey Festival

Visitors flocked to Saudi Arabia’s 11th International Honey Festival in the southwestern region of Baha. The attendees and participants praised the festival’s events and the variety of honey products featured at the exhibition. The exhibition also attracted visitors from outside the...

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Technology & IT | Sunday 22 July, 2018 2:06 am

KSA must become more resilient against cyberattacks

Cybercrime attacks could double over the next two years and cost Saudi Arabia’s economy up to SR30 billion ($8 billion) by 2020, according to security experts who warn the Kingdom is the most targeted county in the GCC for online fraudsters. While Saudi Arabia is stepping up the war...

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Tourism & Hospitality | Sunday 22 July, 2018 1:38 am

Atlantis, the Palm Announces Yearly Increase of Chinese Guests Visiting the Resort

Atlantis, The Palm proudly announces a yearly increase of Chinese guests with more than 24,000 room nights from China since the beginning of 2018. As the resort’s second top leading source market in Q1, Atlantis remains one of the most popular resorts in Dubai and the UAE for Chinese...

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Environment & Energy | Saturday 21 July, 2018 5:57 am

ADNOC awards contracts to CNPC affiliate for world’s largest continuous 3D onshore and offshore seismic survey

The Abu Dhabi National Oil Company, ADNOC, has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues to identify and unlock new opportunities and...

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