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At Least 16 Killed, 9 Injured After Fire Sweeps Through Apartment Building in Dubai
A fire swept through an apartment building in an older neighborhood of Dubai in the United Arab Emirates, killing at least 16 people and injuring another nine, authorities said Sunday.
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Dubai Again Plans for Flying Taxi Takeoff, This Time by 2026
Dubai again is planning for the takeoff of flying taxis in this futuristic city-state on the Arabian Peninsula.
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Emirates Successfully Flies Plane Using Sustainable Aviation Fuel
Long-haul carrier Emirates has successfully flown a Boeing 777 on a test flight with one engine entirely powered by so-called sustainable aviation fuel.
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John Kerry Backs UAE Oil CEO for Head of UN Climate Summit
U.S. climate envoy John Kerry backs the United Arab Emirates’ decision to appoint the CEO of a state-run oil company to preside over the upcoming U.N. climate negotiations in Dubai
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UAE Sparks Backlash After Appointing Oil Company Chief to Lead UN Climate Talks COP28
The United Arab Emirates has named a veteran technocrat who both leads Abu Dhabi’s state-run oil company and oversees its renewable energy efforts to be the president of the upcoming United Nations climate negotiations in Dubai. The announcement on Thursday naming Sultan al-Jaber highlights the balancing act ahead for this crude-producing nation. Al-Jaber is a trusted confidant of UAE leader...
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SpaceX Launches Japanese Co.'s Lander to Moon
A Tokyo company is aiming for the moon with its own private lander.
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Police Take Down ‘Super Cartel' Cocaine Ring in Europe
Europol says law enforcement authorities in six different countries have joined forces to take down a “super cartel” of drugs traffickers
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Christian Monastery Pre-Dating Islam Unearthed in United Arab Emirates
An ancient Christian monastery possibly dating as far back as the years before Islam spread across the Arabian Peninsula has been discovered on an island off the coast of the United Arab Emirates.
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UAE Sentences Former Khashoggi Lawyer to 3 Years in Prison
The United Arab Emirates has sentenced an American citizen and the former lawyer of Jamal Khashoggi — the dissident Saudi journalist who was killed at Saudi Arabia’s consulate in Istanbul in 2018 — to three years in prison on charges of money laundering and tax evasion. The lawyer, U.S. citizen Asim Ghafoor, will be deported after serving his sentence, the...
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Australia Beats UAE 2-1, Moves Into World Cup Playoff vs. Peru
The Socceroos found the winner in the 84th minute to advance to the winner-takes-all match against Peru on June 13.
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Sanctioned Russian Oligarch's Megayacht Hides in a UAE Creek
In the dusty, northern-most sheikhdom of the United Arab Emirates, where laborers cycle by rustic tea shops, one of the world’s largest yachts sits in a quiet port — so far avoiding the fate of other luxury vessels linked to sanctioned Russian oligarchs.
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US Vice President, Top Officials Visit UAE to Pay Respects
Vice President Kamala Harris has led a high-powered American delegation to the United Arab Emirates to pay respects to the federation’s late ruler and meet with the newly ascended president. It’s a potent show of support as the Biden administration tries to repair America’s troubled relations with its partner. The delegation of top U.S. officials visiting the oil-rich capital of...
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Consumers Have to Pay a Price for the Principle That Invasion Isn't Acceptable, Commodity Strategist Says
Sanctions on Russia are likely to lead to higher prices, and Middle East nations don’t seem ready to increase supply, said Helima Croft of RBC Capital Markets.
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Some Passports Are Better Than Others. Here's a List of the Most Powerful Ones
Luxembourg, one of the smallest countries in Europe, tops a new passport index that analyzes factors that affect global citizens.
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UAE Property Tycoon Sajwani Makes $1 Billion Bet on Data Centers
“We have the cash to inject, we’ve hired a very good team… we can build them at a more reasonable cost than our competitors,” the property mogul said.
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Property Booming in ‘Sanction Free' Dubai as Russian Interest Spikes
“I’m sure a lot of Russians are trying to fix their problems… but Dubai will benefit ultimately from any crisis,” an Emirati property magnate told CNBC.
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Dubai Utilities Giant DEWA to Go Public in April as IPO Boom Gets Underway
The utility had adjusted earnings of $3.3 billion last year, and plans to pay a minimum dividend of $1.69 billion over the next five years to future investors.
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‘I Feel Like I Can Fully Switch Off': The UAE Is Warming to Its New Monday to Friday Working Week
The country’s longstanding Sunday to Thursday work week was officially dropped on Jan. 1.
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UAE Is Placed on Money Laundering Watchdog's ‘Gray List'
The UAE is the financial hub of the Middle East, home to numerous international companies’ headquarters.
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UAE Set to Be Put on Money Laundering Watchdog's ‘Gray List,' Report Says
The UAE is the financial hub of the Middle East, home to numerous international companies’ headquarters.