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ABU DHABI / WAM The UAE has reinforced its presence in the world of digital media, through innovative strategies that have helped to convey its message locally and internationally. The UAE’s digital media is being supported by many senior officials. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, declared ...

Dubai / WAM The Global Islamic Economy Summit 2018 in Dubai concluded on Wednesday with a call for halal industries to embrace innovative technologies in order to ensure their sustainable growth. The high-level summit, the largest event dedicated to all aspects of the Islamic economy, was held on October 30-31, and attended by over 3,000 visitors, including HH Sheikh Hamdan ...

Abu Dhabi / WAM His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, said that celebrating UAE Flag Day is of great significance to the nation’s citizens and residents. “It reflects the immense pride in our visionary leadership of President His Highness Sheikh Khalifa bin ...

Tarim / WAM The Emirates Red Crescent (ERC), has distributed food aid in Tarim in the Hadramout Governorate of Yemen, as part of ongoing efforts to improve living conditions and alleviate the suffering of Yemeni people. The ERC distributed 250 food baskets to 1,250 families who lauded the UAE’s continuous support of Yemen and its people in the face of ...

Dubai / WAM Dr Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, on Wednesday announced that the UAE will contribute $1.5 million annually for the period 2019 to 2021, cumulatively amounting to $4.5 million, to fund the projects carried out by the Global Green Growth Institute (GGGI). The announcement was made at the GGGI’s Assembly and Council, held ...

Abu Dhabi / Emirates Business Etihad Airways is celebrating fifteen years since its first flight and its subsequent rise as one of the world’s leading airlines. The major milestone is being marked with a series of events and initiatives in Abu Dhabi and around the world, beginning with the unveiling of an exclusive collaboration with iconic New York fashion designer, ...

Bloomberg Oil’s set for its biggest monthly drop since 2016 as the specter of a slowdown in the global economy haunts the market while US inventories grow and producers relay mixed signals. Futures in New York are poised for an 8.8 percent drop in October, following two months of gains. A global equity rout and an escalating US-China trade war ...

Bloomberg India will sell as much as 9 percent in monopoly miner Coal India Ltd. in a public offer starting on Wednesday, according to a regulatory filing by the country’s coal ministry. The federal government, which owns 78.55 percent in the world’s largest coal producer, will sell a 3 percent stake, or 186.22 million shares, with an option to sell ...

Bloomberg China’s manufacturing sector worsened in October as the trade war hit home, adding to risks the global economy may be edging towards a synchronised slowdown. China’s official factory gauge missed estimates with a reading of 50.2 and its exports sub-index slumped to the lowest reading since early 2016. In other data released on Wednesday, Industrial output for September in ...

Bloomberg Guess which city managed to top a luxury real-estate ranking despite a slew of cooling measures to tame its property market? Yes, the tiny island nation of Singapore, nudging out Hong Kong. Luxury home prices rose 13 percent in the quarter ended September 30 from a year earlier, according to Knight Frank LLP’s Prime Global Cities Index. Gains were ...