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Qatar awards major arms contract to German firmGerman defence firm Krauss-Maffei Wegmann (KMW) won a contract to supply more than 50 Leopard 2 tanks and about 20 PzH 2000 self-propelled howitzers to Qatar, a defence source told Reuters on Thursday. Arms exports are a sensitive More… |
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Abu Dhabi TCA unveils big Berlin expo plansAbu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is heading to the upcoming International Tourism Bourse (ITB Berlin) with a packed stakeholder delegation which will showcase the emirate's most compelling offerings to date. More… |
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Euro zone economy falls deeper into recessionThe euro zone slipped deeper into recession in the last three months of 2012 after its largest economies, Germany and France, shrank markedly at the end of the year. It marked the currency bloc's first full year in which no qu More… |
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Saudi to buy patrol boats from German firmSaudi Arabia is looking into buying patrol boats worth 1.5 billion euros ($2 billion) from a German firm, and appears to have won the Berlin government's approval despite widespread public criticism of arms deals, a newspaper reported on Sun More… |
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Istanbul 2020 bid unveils sponsorship worth $20mIstanbul 2020 Olympic bid officials on Monday unveiled sponsorship deals worth $20 million with seven of Turkey's leading companies as they seek to pitch the country's growing economic clout as an asset for their candidacy. &nbs More… |
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Berlin anniversaryPeople walk between large pins marking landmarks on a map of the German capital painted on the pavement in front of the Berlin Cathedral during celebrations marking the 775th anniversary of the founding of the city of Berlin.Reuters/Thom More… |
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Bentley, Lamborghini may delay SUVsBentley and Lamborghini's plans to develop ultra-luxury SUVs may be put on hold to save cash for parent Volkswagen, company sources said, in a sign that the crisis is beginning to bite even for the German auto giant. UK-based More… |
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Mystery over Samsung's missing TVsTwo of Samsung Electronics' advanced OLED television sets have gone missing while on their way to the IFA consumer electronics fair in Berlin, the company said on Tuesday. The organic-light- More… |
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Germany expels Syrian ambassadorGermany is expelling Syria's ambassador following a massacre in the town of Houla last week in which more than 100 people died, a government source said on Tuesday. "The move was agreed in coordination with t More… |
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Emirates makes fresh bid to win Berlin slotsEmirates airline took a new approach in its long-running battle to secure slots at Berlin and Stuttgart airports, brandishing before the government a study that contradicts claims it takes business from flag carrier Lufthansa. "It's not th More… |
