DUBAI

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Dubai's Deyaar in talks to invest in 5 countries

Dubai property developer Deyaar DEYR.DU is looking to expand into five countries to tap into cheap valuations stemming from the global financial crisis, the company's chief executive said late on Friday.

Global hoteliers look east as recession bites

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Global hoteliers are pinning their hopes on the east's underserved leisure markets to offset falling revenue as holidaymakers and business travelers cut back to save money in the global downturn.

Air Arabia Q1 profit up 32 pct at 103 mln dirhams

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Dubai-listed Air Arabia AIRA.DU, the Middle East's largest low-cost carrier by market value, earned 103 million dirhams ($28 million) in the first quarter, up 32 percent from the year-earlier period.
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Zawahri tells Muslims not to be fooled by Obama

Al Qaeda's second-in-command told Muslims not to be fooled by U.S. President Barack Obama's policies which, he said on an Islamist website on Monday, are no different to those of his predecessor, George W. Bush.
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New $10 bln Islamic bank to launch $3 bln IPO: bankers

Gulf investors are launching a new $10 billion Islamic investment bank and plan a $3 billion initial public offering in the fourth quarter to tap interest in sharia-compliant institutions, bank executives said on Sunday.
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Bankers say new Islamic bank to launch $3 billion IPO

Gulf investors are launching a new $10 billion Islamic bank and plan a $3 billion initial public offering in the fourth quarter to tap growing interest in sharia-compliant institutions, bank executives said on Sunday.
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Ousted Thai PM Thaksin seeks king's intervention

Former Thai Prime Minister Thaksin Shinawatra humbly urged the country's revered king on Thursday to help resolve Thailand's political rift, after a week in which two people died during anti-government protests.
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Liquidity woes menace Islamic banks

Islamic banks will face a crisis scenario by the end of September that could include forced consolidation if liquidity does not return to the financial sector, a leading banker said on Monday.
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Islamic banking sees light amid crisis

Islamic finance is slowing as the global financial crisis hits its hubs in Malaysia and the Gulf, but the sector now has a chance to move on to Western economies seeking to boost their financial centers.
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Daimler outlook queried in Abu Dhabi stake deal

Daimler shored up its capital base and secured Abu Dhabi as a friendly investor in a deal some analysts said revealed how tough the auto industry crisis was proving for the luxury German group.
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Peace with Israel possible, says Syria's Assad

Syria President Bashar al-Assad said in an interview published on Monday that a peace deal with Israel was possible but that normal relations would only be possible if Israel ended its conflict with the Palestinians.
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Dubai

It has spectacular beaches but is not Australia; it is one of the world’s most secure destinations but is not Singapore; it has opulent city hotels and superb beachside resorts but is neither Jakarta nor Bali. It has world class shopping but is not Hong Kong.
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The world's largest Man-made Palm Islands

Known as The Palm or Dubai's man-made island, the largest in the world, located on Dubai, UAE which major commercial and residential structure will be constructed.
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Dubai to host Gold Conference

Commodity OnlineDUBAI: Dubai, the Asian hub for major trading in gold, is gearing up to host sixth annual Dubai City of Gold Conference. The conference will take place between April 12th and 13th at the Park Hyatt, Dubai.

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