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Britain waives visas for UAE citizens

Britain waives visas for UAE citizens DUBAI, Dec. 9 (Xinhua) -- The British embassy in Abu Dhabi said on Monday that citizens of the United Arab Emirates (UAE) no longer need a visa for visits less than six months to its country. The embassy added Emirati nationals only have to submit a request through their website to get a free pass to travel to the European Union state.

UAE president meets visiting Iranian FM

UAE president meets visiting Iranian FM DUBAI, Dec. 4 (Xinhua) -- President of the United Arab Emirates (UAE) Sheikh Khalifa Bin Zayed Al-Nayhan on Wednesday met with Iran's visiting Foreign Minister Mohammed Javad Zarif in Al Ain, south of the UAE capital Abu Dhabi, Dubai media office said. At the meeting, the UAE president accepted his Iranian counterpart's invitation to visit Tehran, the UAE's official media relations body said, giving no further details.

UAE national day sees gigantic grant for social, economic projects

UAE national day sees gigantic grant for social, economic projects DUBAI, Dec. 1 (Xinhua) -- The president of the United Arab Emirates ordered 20 billion Dirham (5.45 billion U.S. dollars) worth of grant for social and economic projects ahead of the country's national day, WAM news agency reported Sunday. UAE President Khalifa Bin Zayed Al-Nahyan announced the decision in his address for the national day, which falls on Dec. 2.

UAE grants citizenship to 500 children with foreign fathers

UAE grants citizenship to 500 children with foreign fathers DUBAI, Nov. 28 (Xinhua) -- President of the United Arab Emirates (UAE) Sheikh Khalifa Bin Zayed on Thursday granted citizenship to 500 children of Emirati women who are married to foreigners, local news agency WAM reported. The report said these women met the conditions to obtain citizenship for their dependents. Under Emirati law, which is based on a mixture of Islamic Sharia and French-Egyptian civil law, children of Emirati female nationals usually adapt automatically the citizenship of the father.

Analysts say Dubai world expo win a boost for businesses, warn of economic bubble in making

DUBAI, United Arab Emirates - Dubai's win as the first Middle Eastern city to host the World Expo scheduled for 2020 is slated to be a big boon for business, but analysts say billions of dollars spent on construction for the exhibition and speculation by investors could also lead to rising debt and an economic bubble. The announcement Thursday that Dubai had been chosen was somewhat of a redemption for the emirate, which grabbed the world's attention in 2009 with its high-profile financial crisis that forced multi-billion dollar bailouts.

Dubai celebrates World Expo 2020 win

The Gulf emirate of Dubai celebrated its successful bid on Wednesday to host the World Expo 2020, with its ruler promising to "astonish" the world. Fireworks exploded off the sides of the Burj Khalifa, the world's tallest tower, after the result of the competition held in Paris was announced. Jubilant residents cruised through the city in their cars waving flags of the United Arab Emirates, of which Dubai is a member. "We renew our promise to astonish the world in 2020," said the ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum, in a government statement.

As Dubai aggressively pursues world Expo, fears arise over inflating real estate bubble

DUBAI, United Arab Emirates - Climb Mount Kilimanjaro, Africa's highest peak, and you might spot an unusual banner: A flag placed by six climbers emblazoned with the logo of Dubai's bid to host a World's fair in 2020. In Dubai, the logo is also plastered on police cars, convenience store bags, storefronts, taxis, receipts, government buildings and even on new resident visa forms. Countdowns to Wednesday's decision of who will host Expo 2020 also appear on one of Dubai's main highways and in one of its main English-language daily newspaper.

Airbus signs parts deal with Abu Dhabi fund

DUBAI (Reuters) - Airbus <EAD.PA> on Monday agreed a new deal to expand its partnership agreement with Mubadala <MUDEV.UL>, the Abu Dhabi investment fund with a mandate to develop the emirate's local economy. The new agreement, signed at the Dubai Airshow, is "for further composite and metallic aero structure production in the United Arab Emirates, in addition to procurement of composite raw materials, worth $2.5 billion," Mubadala said in a statement on Monday.

Emirates orders 50 more Airbus A380

DUBAI (Reuters) - Dubai's Emirates announced an order for 50 additional Airbus <EAD.PA> A380 superjumbos on Sunday, minutes after placing a record order for 150 Boeing <BA.N> jets at the opening of the Dubai Airshow on Sunday. The deal is worth $23 billion at list prices and brings total orders from Emirates alone for the world's largest jetliner to 140 aircraft, its chairman Sheikh Ahmed bin Saeed Al Maktoum told a news conference. (Reporting by Tim Hepher, Praveen Menon)

Emirates orders 150 Boeing 777Xs valued at $76 bn

Emirates Airline placed an order on Sunday for 150 Boeing 777X long-haul aircraft on Sunday, in a contract the Dubai-based carrier said was valued at $76 billion. The order is accompanied with an option for 50 more units, Emirates chief executive Sheikh Ahmed bin Saeed Al-Maktoum announced at the Dubai Airshow. ak/lyn/dv
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