UAE produces first-ever gold
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ATHENS - His cousin rules Dubai and his family owns some of the top racehorses in the world. Now Sheikh Ahmed Al Maktoum stands out on his own as the United Arab Emirates&#39;s (UAE) first Olympic champion.
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Windsufer Gal Fridman won Israel's first-ever Olympic gold medal, sending waves of emotion through his country, joy and pride and great relief.
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Makybe Diva secured her place in racing history when she became the first mare to land back-to-back runnings of the Emirates Melbourne Cup at Flemington today.
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The world's largest gold producer,  Newmont Mining Corp. NEM.N, said on Wednesday that higher  gold prices drove up quarterly profit by 12.5 percent, even  though it sold less of the precious metal.
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Abu Dhabi National Energy, a state-controlled United Arab Emirates investor in oil and power assets, agreed to buy the Canadian unit of Pioneer Natural Resources for $540 million. Production at the Canadian unit of Pioneer, based in Irving, Tex., is more than 10,000 barrels of oil equivalent a day and will help Abu Dhabi National come closer to its goal of producing 100,000 barrels a day.
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ATHENS - Windsurfer Gal Fridman won his country&#39;s first gold medal since Israel began competing in the Olympics at Helsinki in 1952 when he captured the men&#39;s Mistral sailboard title at Agios Kosmas Olympic Sailing Centre on Wednesday.
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Gold gained more than 1 percent to   above $593 an ounce on Tuesday, tracking higher crude oil   prices and a weaker dollar, but trading may be cautious ahead   of the release of key U.S. data.
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The United Arab Emirates is the first country in the Middle East to participate in a US program intended to safeguard sea cargo from terrorists, US customs officials said Sunday.
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Gal Fridman today added a glorious chapter to Israelâs tragic Olympic history and sent a nation into delirious bewilderment by winning their first ever gold medal.
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While their sporting name might be more synonymous with horse racing, Ahmed al-Maktoum achieved a gold medal for his famous family yesterday on an historic afternoon of shooting.
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Iran established its first oil products bourse Sunday in a free trade zone on the Persian Gulf Island of Kish, the country's oil ministry said.
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Israel, which has sent athletes to the Olympics since 1952, won its first gold medal Wednesday when Gal Fridman captured the men&amp;apos;s mistral sailing event.
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Gold swept to a record high on Wednesday  driven by surging oil, a weaker dollar and simmering  geopolitical tension, also ushering platinum to a record peak.
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According to Al-Yaum newspaper (December 12, 2006), a recent study by the Dubai Chamber of Commerce and Industry estimated at Dh 12.2 billion the petrochemicals exchanges of the Emirate of Dubai in 2005, of which 79.3% imports, 14.7% re-exports and 6% exports.
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DUBAI, United Arab Emirates -- Gulf Arab states are on course to create a single currency in the world's top oil exporting region by 2010, despite concerns raised last week by at least one participant.
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Kate Allen, an Australian-born triathlete who switched citizenship two years ago, won Austria its first gold medal of these Games in spectacular fashion here yesterday.
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Gold rallied to its highest level in  more than seven weeks on Monday, hovering near a record high of  $850, on a weak U.S. dollar and tensions in Pakistan after the  killing of politician Benazir Bhutto.