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Saudi Aramco shifts strategy in China to boost oil sales

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 Insights

14-Mar-19 Rising Russian and US competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift towards independent refiners and newcomers to the business, after years of dealing only with state-owned Chinese energy firms. [image: Reuters / Ahmed Jadallah]

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Abu Dhabi to increase spending on tourism marketing by USD136 mn

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 Insights

13-Mar-19 Abu Dhabi has allocated AED0.5 bn (USD136 mn) for tourism marketing over three years. The funding will highlight attractions such as Louvre Abu Dhabi and Warner Bros World, and the Guggenheim Abu Dhabi project is reportedly also 'still active'. [image: Lourve Abu Dhabi / Handout via Thomson Reuters Zawya]

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Abu Dhabi boosts healthcare innovations

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 Insights

11-Mar-19 Artificial Intelligence is set to give the UAE economy a USD182 bn boost by 2035, with healthcare likely to see a gain of USD22 bn. The DoH has launched an 'AI Lab' to serve as a safe platform for co-creation. [image: Arab Health]

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How big will 5G be in the Middle East?

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 Insights

28-Feb-19 5G is expected to reach 30 mn enhanced broadband subscriptions in the Middle East and Africa by 2024, representing 2 percent of total subscriptions. The majority are expected to come from advanced markets like Saudi Arabia, UAE and South Africa. [image: Arabian Business]

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