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Economic threat that haunts UAE

Did you hear the one about the economist who accurately predicted nine out of the last five recessions? Forgive my little joke at the expense...

Lauritzen to get ¥15.5bn loan to buy six ships

Mitsubishi UFJ Financial Group, Japan's biggest bank by market value, and France's Société Générale will lend ¥15.5 billion (Dh624.4m) to Danish shipper J Lauritzen...