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Bloomberg Elections often drive big swings in the foreign-exchange market, with the risk of radical change this year pushing down the Peruvian sol and the Chilean peso. Not so for Canada. There has been little-to-no premium priced into the Canadian dollar — relative to the greenback — due to the last five federal elections, Bipan Rai, the head of foreign-exchange ...

Abu Dhabi / WAM UAE ministers have announced the first set of bold strategic projects aimed at fostering the UAE’s new phase of growth – both domestically and internationally – and embarking on an ambitious growth strategy as the nation celebrates its golden jubilee and embarks on the 50 years to come. The “Projects of the 50” is a series ...

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) is leading the Emirate’s trade mission to Russia from September 7-12 in Moscow and Saint Petersburg, to enhance the economic, commercial, and investment cooperation between the two sides. The SCCI delegation will be led by Abdullah Sultan Al Owais, Chairman, SCCI, and includes a number of the Chamber’s board ...

Sharjah / WAM Sharjah Directorate of Human Resources (SDHR) signed a Memorandum of Understanding with Abu Dhabi Pension Fund, aiming at exchanging data and enhancing cooperation between two parties in order to achieve common objectives. The MoU was signed by Dr Tariq Sultan bin Khadem, Member of the Executive Council of the Emirate of Sharjah and Chairman of SDHR, and ...

Abu Dhabi / WAM Adnoc Distribution on Sunday marked the International Day of Charity, with the launch of its partnership with Al Ghadeer UAE Crafts (Al Ghadeer), an Emirates Red Crescent (ERC) project. Adnoc Distribution will be allocating retail space at select Adnoc Oasis convenience stores in Al Bateen, Mahwi, Al Ain and Dubai to showcase home accessory, stationery and ...

DUBAI / WAM The number of Emirati families registered in “Al Sanaa” project affiliated with the Ministry of Community Development increased to 2,805 families of which 476 members are eligible for social security in the ministry. Around 43 new families were registered during the first half of 2021; whereas the total income earned to these families from the launch of ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) inaugurated the world’s first mosque to receive the platinum rating for green buildings by the Leadership for Energy and Environmental Design (LEED v4) from the US Green Buildings Council (USGBC) with 83 points. The mosque in Hatta can accommodate more than 600 worshippers on an area of 1,050 square metres according ...

Abu Dhabi / Emirates Business Etisalat on Saturday announced that it has been awarded the Best Regional SMS Service Provider at the fifth annual Carrier Community (CC) Global Awards ceremony in Berlin. The CC Global Awards, which are independently judged by a panel of telecom analysts and experts, recognise innovations and achievements among telecom wholesale operators and ecosystem partners around ...

Dubai / WAM Roads and Transport Authority (RTA) is intending to launch a new route for public buses in Dubai and improve the services of three other bus routes starting this September 9. The move aims to expand the internal bus network and step up the integration of mass transit means in the emirate. The new route, which is named ...

Abu Dhabi / WAM Women in Falconry is one of the main topics of the conference “The Future of Falconry”, which will be hosted in the next edition of Adihex in cooperation with Unesco and organised by Emirates Falconers’ Club and the International Association for Falconry and Conservation of Birds of Prey (IAF) which currently has 110 associations from 90 ...