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Sheikha Fatima: Emirati women essential to UAE future prospects

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has sent a message of support to Emirati women reinforcing their critical role in enabling the growth and progress for the UAE. Addressing employees of the Abu Dhabi ...

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EDA welcomes record number of students in fifth academic year

ABU DHABI / WAM The Emirates Diplomatic Academy (EDA) welcomed 80 students to its 2019 orientation, the largest cohort since its inception. During its orientation week, the EDA received its fifth cohort of students for the Postgraduate Diploma in UAE Diplomacy and International Relations programme, and its third cohort for the Master of Arts in Diplomacy and International Relations programme. ...

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World Energy Congress to see largest attendance in Abu Dhabi

ABU DHABI / WAM With less than two weeks to go until the 24th World Energy Congress, the UAE Organising Committee gave on Wednesday an update on the number of delegates, ministers and exhibitors that will be attending the global event in Abu Dhabi. Taking place from September 9 to 12 at Abu Dhabi National Exhibition Centre (Adnec), the global ...

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Europe’s leading livestock fair coming to Abu Dhabi

ABU DHABI / WAM The inaugural edition of EuroTier Middle East, a leading trade show for animal husbandry and livestock management, is set to take-off on September 2 with 16 countries participating in the event, including Saudi Arabia, the event’s ‘Guest of Honour’. The event will take place in the nation’s capital, Abu Dhabi, under the patronage of HH Sheikh ...

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China mulling car-purchase curbs to boost consumption

Bloomberg China rolled out a series of guidelines to encourage consumption, led by support for the flagging auto market. The measures include exploring ways to gradually loosen or remove car-purchase limits and support new-energy vehicle purchases in some areas, the State Council, or cabinet, said on its website. Other steps include incentives to build more gas stations in rural areas ...

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India’s $24bn bonus from RBI gives it options on budget

Bloomberg The Reserve Bank of India’s (RBI) record 1.76 trillion-rupee ($24.4 billion) payout to the government will give authorities more fiscal options, including possibly reducing its borrowing or boosting spending to spur economic growth. The RBI’s board approved the transfer on August 26, which includes a dividend of 1.23 trillion rupees and 526.4bn rupees from its surplus capital. The dividend ...

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Germany’s shrinking economy on edge of recession, DIW says

Bloomberg German output will probably shrink by 0.2% in the third quarter, putting Europe’s largest economy into recession, according to the DIW economic institute. A DIW gauge of activity fell to 89 points in August, the lowest since late 2012, pointing to another contraction after GDP declined 0.1% in the April-to-June period, the institute said. “Manufacturing is in a crisis ...

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‘EU should ease corporate collaboration fears’

Bloomberg Europe’s antitrust authorities could ease companies’ concerns about the potential fallout from working together by giving them unofficial guidance, according to one of Germany’s top competition experts. Firms in the region are putting off shared projects due to concerns over retroactive regulatory push-back, according to Achim Wambach, a member of a commission created by the German government to review ...

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US-China feud is ruining Christmas for toymakers

Bloomberg Chinese factories are normally at their busiest during the third quarter, cranking out production of everything from Barbie dolls to miniature trucks in time to ship them over the ocean to the US ahead of the all-important holiday shopping season. This year’s different. Even with President Donald Trump delaying tariffs on $160 billion of toys to smartphones to spare ...

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Queen approves UK’s Johnson plan to suspend parliament

Bloomberg Queen Elizabeth II approved Boris Johnson’s request to suspend parliament for almost five weeks ahead of Brexit. The prime minister’s move sets up a showdown with lawmakers who want to block him from taking the UK out of the European Union without a deal. The pound fell. Privy Council said Queen approved Johnson’s request to prorogue — suspend — ...

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