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Al Mazrouei examines monitoring of seismic activity at NCMS

Abu Dhabi / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, led a high-level delegation visit to the headquarters of the National Centre of Meteorology and Seismology (NCMS) to gain first-hand updates on the UAE’s efforts in driving cloud seeding operations managed by NCMS. Dr. Abdullah Al Mandoos, Director of NCMS, welcomed the delegation. Omar Al Yazidi, ...

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Budget fix a ‘long-term’ plan: Turnbull

Sydney / Bloomberg Australia is prioritizing growth over deficit reduction in its economic programme, Prime Minister Malcolm Turnbull said, signaling he expects to close the gap through rising tax receipts from faster expansion. The prime minister, a month out from the budget’s release, signaled no plans to try to accelerate a return to the black — despite eight years of ...

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Azerbaijan, Armenia locked in deadly clashes over Karabakh

Baku / Bloomberg Deadly clashes between Azerbaijani and Armenian forces over the NagornyKarabakh region continued for a third day on Monday despite international pressure to halt the worst fighting in decades over the disputed territory. Azerbaijan said three of its troops were killed overnight when Armenian forces shelled its positions using mortars and grenade launchers, taking the overall death toll ...

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First Gulf Bank gets BSI Health and Safety Certification award

ABU DHABI / Emirates Business FGB, one of the leading banks in the UAE, has received the BS OHSAS 18001 Health & Safety Certification by BSI Middle East and Africa. This makes FGB the first bank in the MENA region to have this title, which recognises its ongoing efforts to ensure occupational health and safety in its business environment. The ...

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Dubai to become int’l hub for renewable energy

Dubai / Emirates Business In the presence of HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy (DSCE), MD and CEO of Dubai Electricity and Water Authority (DEWA), and Chairman of the World Green Economy Summit (WGES), DEWA organized, in collaboration with Dubai Carbon Centre of Excellence (DCCE) and United Nations Development Programme (UNDP), a ...

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DED, Souq.com sign MoU to protect consumer rights

SUNAINA RANA / Bloomberg Considering the rapid expansion of e-commerce in the Emirates and mounting need of constant vigilance, Department of Economic Development (DED) has signed a deal with Souq.com to protect the customer rights. According to the pact, which was signed between Mohammad Lootah, CEO of Commercial Compliance and Consumer Protection (CCCP) sector in DED, and Ronaldo Mouchawar, CEO ...

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Female managers participate in equine programme

Dubai / Emirates Business As many as ss30 Emirati women from across the public and private sectors took part in Dubai Women Establishment’s (DWE) flagship equine leadership initiative, “Leaders Spirit” – Leadership Skills from an Equestrian Perspective Advanced Programme” which concluded on Monday. The programme, which was held at the Desert Palm Hotel & Resort in Dubai, is designed to ...

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Greece’s euro future bleak if talks drag on

Bloomberg Greece could again face the threat of being pushed into default and out of the euro area if its current bailout review drags on into June and July, according to European officials monitoring the slow progress of Prime Minister Alexis Tsipras’s negotiations with creditors. Greece still hasn’t cut a deal on pensions, tax administration or its fiscal gap, and ...

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Wages are imperfect window into health of US labour market

Bloomberg The true strength of the American labour market may be disguised. Wage growth — described as slow and unconvincing by Federal Reserve officials plotting their path to higher interest rates — is more robust by some measures than commonly acknowledged due to changes in the composition of the workforce. With unemployment close to the lowest in eight years, accelerating ...

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Greece govt returns first wave of migrants to Turkey under EU deal

Lesbos / AFP Three boats shipped scores of migrants from the Greek islands to Turkey on Monday, the first wave of deportations under a hotly-contested pact to ease Europe’s worst migration crisis since World War II. As the sun rose over the Greek islands of Lesbos and Chios, some 200 migrants, mainly from Pakistan and Bangladesh, were ferried back across ...

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