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Abu Dhabi / WAM The Emirates Diplomatic Academy (EDA) on Saturday, hosted Omar Saif Ghobash, Assistant Minister for Culture and Public Diplomacy, who delivered an enlightening discussion, titled: “Letters to a Young Diplomat.” Moderated by Bernardino Leon, Director-General of EDA, the session is part of a virtual series of diplomatic dialogues #EDATALKS. The session was attended by EDA’s students and ...

ABU DHABI / WAM The UAE Air Force’s aerobatic display team, Al Fursan, will be seen in the skies over a number of the country’s hospitals for three days starting Sunday, June 21, in an initiative of appreciation by the General Command of the UAE Armed Forces for the nation’s medical teams and staff. The initiative translates a message of ...

ABU DHABI / WAM The Ministry of Climate Change and Environment (MOCCAE) and the International Fund for Houbara Conservation (IFHC) inked a memorandum of understanding (MoU) to enhance joint efforts to save the species from extinction. Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, and Mohamed Ahmed Al Bowardi, Deputy Chairman of IFHC, signed the agreement. ...

Bloomberg Singapore is positioning itself for a post-Covid world with massive investment in innovation, over and above the immediate support it’s giving to help the economy rebound from possibly its worst downturn on record. The government will set aside more than $14.3 billion to support research in “high impact areas” such as health and biomedical sciences, climate change and artificial ...

Bloomberg Reliance Industries Ltd. is closing in on a deal that would see it acquire stakes in some units of Future Group, people familiar with the matter said, a move that would bolster the e-commerce ambitions of the conglomerate and its billionaire Chairman Mukesh Ambani. An agreement between Ambani’s Reliance and Future, which already has a partnership with Amazon.com Inc., ...

Abu Dhabi / WAM The Abu Dhabi Investment Office (ADIO) announced that it has finalised enhancements to the Musataha agreement that will give private sector investors greater opportunities to deliver long-term projects in the emirate. According to a press release issued by ADIO, the Musataha rights enables private sector to develop land owned by government agencies and benefit from projects ...

ABU DHABI / WAM Etihad Airways will recommence flights from Abu Dhabi to Athens, Greece, effective June 24. The twice-weekly schedule will be operated on Wednesdays and Saturdays using a two-class Boeing 787-9 Dreamliner. In a statement, the airline said the flights will connect guests travelling to and from Athens with key destinations in Asia and Australia via Abu Dhabi. ...

Bloomberg The oil market showed signs of tighter supply as key gauges of its health rallied, although concerns remain over a resurgence in coronavirus cases in China and the US. Futures in London and New York gained, while Brent for August was trading above the September contract, a sign of scarcer supply in Europe’s physical market. Oil prices in the ...

ABU DHABI / WAM Upbeat sentiments triggered by the positive performance of banking and telecommunications companies for the second straight session earned the UAE capital markets around AED11 billion in market cap. At the capital’s bourse, the general index rose 1.1 percent to 4,376 pts. FAB closed at AED11.60, and ADCB at AED5.23. Etisalat was among the best performers, growing ...

ABU DHABI / WAM Dr Abdul Rahman bin Mohammad bin Nasser Al Owais, Minister of Health and Prevention, said: “The UAE, five months after the detection of the first Covid-19 case, has become an inspirational model to be followed for proactive measures and effective crisis management.” The minister’s remarks came at UAE government’s regular media briefing where he provided an ...