Emirates Airline Festival of Literature 2010
The Emirates Airline International Festival of Literature (EAIFL) set an important precedent by holding the first literary festival of this stature and size in the Middle East in February 2009.
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Trade Surplus Dips 59% On Lower Oil Prices, Bank Credit
Lower oil prices and production, allied with a sharp fall in bank credit to commerce and other sectors, depressed the UAE’s trade surplus by about 59 per cent in 2009 after hitting a record high level in 2008, official data showed yesterday.
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Dubai, the world’s largest superyacht, at the 2010 Dubai Boat Show
Dubai, currently the world’s largest superyacht, has arrived in style at the Dubai International Boat Show marking a fantastic start to the show. The Dubai is 162 metres long and is an imposing but elegant sea-faring giant which can reportedly reach up to 26 knots. The superyacht has moored near the Dubai International Marine Club – Mina Seyahi, creating a large amount of buzz and what looks to be a very positive start to the shows five day run.
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UAE Financial Market News
11 March 2010. UAE stocks rose with DFM shares showing a decent rise on solid trading. On the Nasdaq Dubai at 1500 UAE time, DP World is down 0.44%, and Depa is down 4.8%.
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Earth Hour
Earth Hour started in 2007 in Sydney, Australia when 2.2 million homes and businesses turned their lights off for one hour to make their stand against climate change. Only a year later and Earth Hour had become a global sustainability movement with more than 50 million people across 35 countries participating. Global landmarks such as the, Sydney Harbour Bridge, The CN Tower in Toronto, The Golden Gate Bridge in San Francisco, and Rome’s Colosseum, all stood in darkness, as symbols of hope for a cause that grows more urgent by the hour.
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