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Tag: United Arab Emirates

Posted on May 2, 2022

Deliveroo suspends pay cut for UAE delivery riders after rare worker strike

DUBAI (Reuters) – Deliveroo has suspended plans that would cut rider earnings in the United Arab Emirates after a rare strike by foreign delivery workers in the Gulf Arab state over working …

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Posted on May 2, 2022

Dubai delivery drivers walk off job in rare protest over pay

DUBAI, United Arab Emirates (AP) — Food-delivery drivers protesting wage cuts and grueling working conditions went on an extremely rare strike in Dubai over the weekend — a mass walkout that paralyzed …

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Posted on May 1, 2022

After export ban, ships caught trying to smuggle palm oil out of Indonesia

Following a move by Indonesia’s government to ban crude palm oil from being exported from the country, 2 ships were caught trying to smuggle the product to India and the United Arab Emirates. There …

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Posted on April 30, 2022

UAE consumer spending up 14% in Q1 as economic recovery gains momentum

The seasonally-adjusted S&P Global United Arab Emirates Purchasing Managers’ Index also posted 54.8 for the second month running in March, as the rate of new business growth remained close to the post …

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Posted on April 30, 2022

UAE consumer spending up 14% in Q1 as economic recovery gains momentum

The seasonally-adjusted S&P Global United Arab Emirates Purchasing Managers’ Index also posted 54.8 for the second month running in March, as the rate of new business growth remained close to the post …

( read original story …)



Posted on April 30, 2022

Explainer: UAE business delegation visits Kashmir, meets Indian PM

A business delegation from the United Arab Emirates visited the disputed Indian-controlled territory of Jammu and Kashmir Monday and met with Indian Prime Minister Narendra Modi.  “The delegation is …

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Posted on April 30, 2022

UAE announces date for auction of dirham bonds

The United Arab Emirates (UAE) has announced dates for the sale of treasury bonds issued in Emirati dirhams. The Ministry of Finance said the first auction will take place on May 9. Auctions will then …

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Posted on April 30, 2022

UAE announces date for auction of dirham bonds

The United Arab Emirates (UAE) has announced dates for the sale of treasury bonds issued in Emirati dirhams. The Ministry of Finance said the first auction will take place on May 9. Auctions will then …

( read original story …)



Posted on April 30, 2022

UAE to issue first tranche of federal treasuries on May 9

The United Arab Emirates’ finance ministry said on Thursday it will issue on May 9 the first tranche of federal treasury bonds, as part of a plan to develop a local currency bond market, Trend reports …

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Posted on April 30, 2022

UAE, London IPOs Planned for Africa Finance’s Infrastructure Projects

(Bloomberg) — Africa Finance Corp. plans to sell shares of its projects on stock exchanges in London and the United Arab Emirates to raise capital and fund infrastructure development across the …

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