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Boeing secures first 787 delivery to China

BLOOMBERG China has signed off on the first direct delivery of a Boeing Co 787 jet in four years, an indication strained US-China trade relations may be easing and a potential precursor to the more significant resumption of 737 Max deliveries. Juneyao Airlines Co, one of China’s largest privately owned carriers, took delivery of its newest 787 Dreamliner, in a ...

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Transition Investment Lab joins Stern at NYU Abu Dhabi

ABU DHABI / WAM The Transition Investment Lab (TIL) has officially joined Stern at NYU Abu Dhabi, further strengthening the one-year full-time MBA Programme’s offerings and expertise in the field of impact investing and global finance related to sustainability. TIL is a centre of excellence and knowledge hub for impact finance and sustainability research, with special reference to sovereign wealth ...

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EAD completes 1st Atmospheric Research tour in Arabian Gulf

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) announced that it has successfully completed the first ever Atmospheric Research Expedition in the Arabian Gulf onboard its state-of-the-art marine research vessel — Jaywun. The agency was the first organisation in the world to conduct atmospheric research from Spain to Abu Dhabi, which covered 25 countries and eight seas ...

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Under the patronage of the Presidential Court Majalis Abu Dhabi hosts group wedding at Majlis Al Markhaniya in Al Ain

ABU DHABI / AD MEDIA OFFICE Under the patronage of the Presidential Court, Majalis Abu Dhabi has hosted a group wedding at Majlis Al Markhaniya. The ceremony, which took place as part of a series of group weddings, aimed to enhance family stability and community cohesion in Abu Dhabi. The group wedding participants included People of Determination, as part of Zayed ...

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SEC agrees on new health insurance terms

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council (SEC), chaired, on Tuesday, the meeting of the SEC, in the presence of HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the Sharjah Executive Council, held ...

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Weak yen fuels Japan’s 2023 equity rally during foreign demand

BLOOMBERG One of the world’s biggest share market rallies this year in Japan may be extended if foreign investors become even more bullish in 2024. The Topix index and the Nikkei 225 Stock Average both touched 33-year highs and rose more than 20% so far for 2023, beating most equity benchmarks in the rest of Asia. Gauges that track Japanese ...

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Stock futures rise, dollar weakens in thin trading following holiday

BLOOMBERG US equity futures edged higher while the dollar extended losses as trading resumed after the Christmas holiday amid investor expectations for earlier and deep interest rate cuts next year. Stocks in Asia were mixed in a thin trading session with markets including Hong Kong, New Zealand and Australia shut. Emerging Asian currencies rose, with South Korea’s won and Taiwan ...

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Hatta beckons travellers from around world with experiences combining culture, adventure and eco-tourism

DUBAI/ WAM Hatta, Dubai’s captivating mountain town, has been rising in global and regional profile over the last few years as a prominent travel destination. Often referred to as the ‘Highlands of Dubai’, Hatta has transformed into one of the Middle East’s most enchanting cultural, entertainment and adventure tourism hubs offering a unique mix of thrilling outdoor activities, rich historical ...

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Khaled bin Mohamed bin Zayed offers condolences to Dr. Mohamed Al Badi on the passing of his mother

ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has offered his condolences to His Excellency Dr. Mohamed Saeed Al Badi, on the passing of his mother at the mourning majlis in Al Ain. His Highness passed on his deepest sympathies to the ...

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AED7 billion net institutional investment in UAE stocks during 2023

ABU DHABI/ WAM Institutional investors have notably boosted their acquisition of domestic stocks in 2023, enticed by the diverse investment prospects and the opportunity to engage in the strong expansion of the country’s economy. Furthermore, prominent global and regional institutions consider local listed companies highly attractive for their investment strategies. Data from the Abu Dhabi and Dubai markets reveals that ...

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