Exhibition City Completes About 80% of Preparations for the Damascus International Fair Launch
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Bin Ghaithi Holding Company listed $500 million sukuk on Nasdaq Dubai, maturing in 2030, under a $1.5 billion sukuk issuance program. The issuance saw strong investor demand and was priced at a profit rate of 8.125%.
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Visa's "Travel Pulse" report reveals that children increasingly influence family travel decisions from the UAE during summer 2025, with leisure travel spending rising 48% between June and August compared to the rest of the year.
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DP World is investing $2.5 billion in 2025 to develop integrated logistics infrastructure, creating about 5,000 new construction jobs in India, the UK, Ecuador, Senegal, and Congo.
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Dubai's Consumer Protection Authority has launched a task force to develop the online food delivery sector and issued new guidelines to enhance competitiveness and business standards. Market revenues are expected to exceed 5 billion dirhams by 2025 with continued growth through 2030.
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Khalifa Shaheen Al-Murr led the UAE delegation at the 165th GCC Ministerial Council meeting in Kuwait, where the final statement reaffirmed rejection of the Iranian occupation of UAE islands and endorsed a joint action plan with Japan.
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The Cybersecurity Council participated in a multilateral financial forum at Expo Osaka 2025, discussing investment opportunities and international cooperation to tackle increasing cyber threats in the financial and digital sectors.
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Syrian investors praised the facilitation and practical measures implemented after Syria's liberation, which helped speed up project establishment and ease machinery imports. The Damascus International Fair attracted 891,000 visitors with participation from 800 companies and representation from 44 countries.
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Emirates Global Aluminium completed the expansion of Al Taweelah Alumina Refinery to increase production capacity by 50,000 tons annually, finishing the project within two and a half years without any work-related injuries.
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Dubai Investments has signed a strategic cooperation agreement with the Angolan Sovereign Wealth Fund to develop large-scale real estate projects in Luanda, focusing initially on Kazanga Island. The agreement aims to promote investment in modern urban planning and sustainable development in Angola's capital.
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Dubai's General Directorate of Identity and Foreigners Affairs has launched the "Creators Care - Eighth Batch" program to support young talents in developing innovative solutions that boost the country's competitiveness and align with the UAE's vision for a knowledge-based economy focused on creativity and smart transformation.
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