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Dubai among ‘world’s most visited cities’
DUBAI: Dubai has retained its ranking as the fourth most visited city in the world for the fourth straight year, according to Mastercard’s Global Destination Cities Index, GDCI, 2018. The city welcomed 15.79 million overnight visitors last year and with a projected growth rate of 5.5 per cent, the emirate is expected to witness another year of steady expansion in 2018. Dubai has also topped the list of global cities with the
 
 
Nakheel awards Dhs35m contract
DUBAI: Nakheel has awarded a contract worth Dhs35 million for the construction of a sports, health and leisure hub at Dubai’s Jumeirah Park community. Featuring an Olympic-size swimming pool, one of Dubai’s biggest gyms, a Clubhouse, spa and medical centre, the new destination will combine first-class sports facilities with a range of restaurants, cafes, shops and services to create a health and wellbeing-focussed attraction at
   
DLD, strategic partner of Cityscape Global 2018
DUBAI: The Dubai Land Department, DLD, announced a strategic partnership with Cityscape Global 2018 to be held at the Dubai World Trade Centre, DWTC, for three days from 2nd to 4th October. The DLD will take part in a unique platform under the slogan, “Dubai Land Department simulating your property with artificial intelligence,” and will be connecting with visitors to introduce them to its smart achievements at Platform 7A 10,
 
 
Oil above $80 lifts stocks despite trade worries
LONDON: European shares rose and Wall Street was set for a stronger open on Tuesday, as oil above $80 a barrel lifted energy shares, despite worries around the latest US-China tariff round and central bank rate hikes. Following falls across Asian share markets, European bourses turned higher, with a pan-European index up 0.5 per cent. Futures for New York’s S&P500, Nasdaq and Dow Jones indices were up to 0.25 per cent higher,
   
Ryanair may trim expansion plans due to strikes
DUBLIN: Ryanair will consider cutting its growth plans for this winter and next summer if staff strikes continue, a senior executive said on Tuesday after announcing that 30,000 passengers will be grounded by a cabin crew strike on Friday. The Irish airline, Europe’s largest low-cost carrier, said in July it planned annual passenger growth of 7 per cent to 139 million in the year to March 2019 and another 9 per cent growth to
 
 
Argentina’s central bank chief resigns amid economic crisis
BUENOS AIRES: The president of Argentina’s central bank, Luis Caputo, abruptly resigned on Tuesday after just three months in the position, amid a volatile economic crisis. The resignation, which the bank said was for “personal reasons,” came as President Mauricio Macri was trying to negotiate accelerated IMF funding from a $50 billion loan agreed in June to help stabilize Argentina’s economy. Macri is currently in New York,

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