March, 2016

• 15 March

  Indian bizmen to explore investment potential in HFZA

  

  SHARJAH / WAM A thirty-member trade delegation, under the umbrella of Calicut Chamber of Commerce and Industry from the South Indian state of Kerala, visited the Hamriyah Free Zone Authority (HFZA) to explore the trade and investment opportunities in HFZA. The team, headed by Calicut Chamber President Gangadharan Punathil, met Saud Salim Al Mazrouei, Director of HFZA and Sharjah Airport ...

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• 15 March

  Abu Dhabi’s non-oil foreign trade rises to AED169.11bn in 2015

  

  ABU DHABI / WAM The volume of non-oil foreign trade of the Emirate of Abu Dhabi across the different customs points over the past year stood at AED 169.11 billion, up by 11 per cent compared to 2014. Mohammed Khadim Al Hameli, Acting Director-General of the General Directorate of Customs in Abu Dhabi, said the directorate adopts a strategy to ...

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• 15 March

  PI hosts Japanese delegates in UAE

  

  ABU DHABI / WAM The External Relations and Collaborations Department at the Petroleum Institute (PI) recently hosted a group of twenty Japanese delegates on the institute’s premises to assess the achievements, challenges and way forward for 2016 with PI’s Japanese counterparts. Dr. Thomas Hochstettler, Petroleum Institute’s President, and Ebrahim Al Hajri, Director of External Relations and Collaborations, welcomed the delegation. ...

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• 15 March

  Al Qatami opens Int’l pharmaceutical confab in Dubai

  

  DUBAI / WAM Under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of the Dubai Health Authority (DHA), Humaid Mohammed Obaid Al Qatami, Chairman of the Board of DHA, inaugurated the 21st edition of the International Pharmaceuticals & Technologies Conference & Exhibition – (DUPHAT), held at the Dubai International ...

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• 15 March

  Thuraya’s MDR terminal working on ViaSat network

  Dubai / WAM Leading mobile satellite services operator Thuraya Telecommunications Company today launched a dedicated M2M service and terminal that is available across its extensive coverage area and for the first time over North America. The new Thuraya FT2225 Medium Data Rate (MDR) fixed terminal works on ViaSat’s mobile satellite services network, using ViaSat’s L-band high capacity satellite system. It ...

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• 15 March

  UAE provides aid to 100,000 displaced Syrians in Lebanon

  ABU DHABI / WAM On the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Khalifa Foundation is continuing the campaign, “UAE Response to Syrian Families and Affected Lebanese,” estimated to number 100,000, in ...

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• 15 March

  Bangladesh central bank chief quits over US$101mn cyber heist

  

  Dhaka / AFP Bangladesh’s central bank chief resigned on Tuesday, after hackers stole $81 million from the nation’s foreign reserves in one of the biggest bank heists in history, the finance minister said. The audacious cyber-theft has embarrassed the government, triggered outrage in the impoverished country and raised alarm over the security of the country’s foreign exchange reserves of over ...

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• 15 March

  ‘Focus on sustainable growth to boost ‘fragile’ economy’

  

  Bangkok / AFP Communist-ruled Laos must deepen reforms to maintain its rapid expansion, the IMF chief, Christine Lagarde said on Tuesday at the end of a rare visit to one of the world’s fastest growing economies. Resource-rich Laos has an annual growth rate of around 7.4 percent, but gains have not been evenly distributed and poverty remains widespread among its ...

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• 15 March

  Oldest nuclear reactors in Indian city may be closed

  New Delhi / Bloomberg India may shut two of its oldest reactors almost five decades after they went into operation as power tariffs aren’t keeping pace with maintenance costs, according to Sekhar Basu, secretary at the Department of Atomic Energy. The first two reactors at Tarapur, about 100 kilometers from Mumbai at India’s western coast, suffer frequent maintenance shutdowns that ...

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• 15 March

  China plans first commercial rocket-launch company

  Beijing / Bloomberg China plans to set up a commercial rocket-launch company in view of the market’s potential, the official Xinhua news agency reported. China Sanjiang Space Group Co. is preparing to enter the commercial-rocket business with a launch slated for 2017, Xinhua reported Tuesday, citing the company’s chief engineer Hu Shengyun. Some Internet companies have expressed interest in collaborating ...

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