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Business » UAE



UAE

Air Arabia’s AED 2.5 billion IPO opens on March 18 Upon completion of the IPO, Air Arabia shares will be listed on the Dubai Financial Market.



Dubai Intl. Arabian Horse Championship announces sponsors for April 2007 event The championship has grown immensely since its inauguration in March 2004, having successfully doubled in size from its first to second year.



XING connects business professionals in United Arab Emirates XING.com is paving the way with the appointment of Regional Manager Nelly Liebrecht for successful networking in the United Arab Emirates (UAE).



BAE Systems pledges support to GAMCO and UAE AF & AD BAE Systems congratulates GAMCO on the award of a five-year ontract from UAE Air Force & Air Defence, to carry out second-line scheduled and unscheduled maintenance to the UAE’s existing fleet of BAE Systems Hawks.



New Brazil service at Khorfakkan The arrival of the 1700 TEU ‘CMA CGM Rio Grande’ at midnight on March 12th inaugurated yet another new service at Gulftainer’s Khorfakkan Container Terminal (KCT).



ADNEC joins Association of Event Venues The move represents an important milestone in ADNEC’s history and further signifies its evolution to a world class exhibition venue.



Leading loyalty program raises 11.4 million Air Miles for MSF UAE Air Miles ran a special campaign inviting cardholders to donate some of their accumulated Air Miles to MSF.



RAK Petroleum acquires Indago RAK Petroleum PCL will acquire substantially all of Indago’s exploration and production assets with the sole exception of approximately 50 per cent ownership in Blocks 31, 43a and 47 that Indago will retain.



Foreign equity participation permitted in Aldar up to 40% Non-UAE nationals would be permitted to purchase shares in Aldar after they have opened investor accounts with the ADSM and comply with the applicable rules and regulations.



Emirates Hotels & Resorts powered by Protel Emirates Hotels and Resorts has signed a deal for multi-property management system (PMS), with protel hotelsoftware GmbH, Germany.



AbdulAziz Al Ghurair visits Careers UAE Fair 2007 Escorted by the Emaratisation Manager, Shatha Al Meamari, the CEO spoke to Mashreqbank delegate at the career fair and was taken in a tour around the exhibition’s stands.