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Abu Dhabi port deal with China

The latest business and finance news from around the world, on the Βι¶ΉΤΌΕΔ.

Abu Dhabi unveils a 300 million dollar deal with the Chinese province of Jiangsu to invest in a free trade zone in the UAE around the port of Khalifa, one of the world's fastest growing cargo hubs. The chief executive of Abu Dhabi Ports Mohamed Juma Al Shamisi tells us what kind of Chinese companies are expected to open businesses in the free trade zone.

A Franco - Italian tug of war for control of the big phone and media company, Telecom Italia, looks like ending in a victory for its big French shareholder Vivendi. Italian Flavio Cattaneo, will be replaced by Arnaud de Puyfontaine, the current boss of Vivendi of France.

Plus more women in Africa shop online for clothing on Tuesday than any other day of the week. A commercial for the internet retailer Mall for Africa says African women conduct more transactions online buying baby clothes than personal fashions.

(Picture: Abu Dhabi: Getty Images)

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23 minutes

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Mon 31 Jul 2017 00:06GMT

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  • Mon 31 Jul 2017 00:06GMT