February, 2016

• 22 February

  Oman Crude Oil Financial Contract closes at US$30.81

  DUBAI / WAM The price of Oman Crude Oil Financial Contract, DME Oman, for April delivery, closed at US$30.81 a barrel at Dubai Mercantile Exchange at 12:30 p.m., Dubai time. DME Oman crude oil is a benchmark for pricing crude oil by the countries that produce it, and it gives them a differential price that reflects the quality of the ...

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• 22 February

  ADM holds unique park awareness events in Mohammed bin Zayed City

  ABU DHABI / WAM The Abu Dhabi City Municipality has held a unique park awareness event in Mohammed bin Zayed City, concurrent with the opening of new parks. The event was held to showcase the municipal system’s vision and plans to broaden the scope of recreational facilities, add more green areas, and construct world-class parks to serve the community. The ...

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• 22 February

  DHA’s smart clinic discusses health initiatives

  Dubai / EMIRATES BUSINESS The Dubai Health Authority (DHA) held a smart clinic on Monday to discuss employee health initiatives. Badriya Al Harmi, community medicine specialist at DHA’s Al Barsha Health Centre said: “Employee health awareness and healthy initiatives helps reduce absenteeism, helps reduce the burden of non-communicable lifestyle diseases and helps reduce companies’ healthcare costs. Therefore employee health awareness ...

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• 22 February

  HFZA participates in Make in India week, organizes seminar

  SHARJAH / EMIORATES BUSINESS Hamriyah Free Zone Authority (HFZA) team successfully participated in Make in India Week that concluded in Mumbai recently. The five-day event, the largest of its kind in India, which was opened by Indian Prime Minister Narendra Modi, attracted government delegations from 49 nations and business teams from 68 countries. “With the plentiful resources that India has, ...

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• 22 February

  Sweden University explores research ties with Emirates

  

  Alkesh Sharma / Emirates Business Ushering in an innovative technology — ‘aqua-agro’ — that could ensure constant supply of land nutrients even to the aquatic life, Swedish University of Agricultural Sciences is looking forward to establish research ties with Emirates. A high-level delegation from the leading European varsity visited UAE and held talks with various educational and research institutes in ...

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• 22 February

  Infiniti QX80 continues to garner success in ME

  

  Sunaina Rana / Emirates Business The region has witnessed a growing demand of Infiniti QX80 which was introduced to the market over a year ago. The label’s full size SUV continues to deliver in spades for Infiniti. The car was originally launched in December 2014; the endorsement for the new model has been strong with Infiniti delivering 1,521 vehicles in ...

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• 22 February

  UnionPay International offers secure prepaid salary cards

  

  EMIRATES BUSINESS Ensuring a secure salary transfer system to the corporates in the UAE, UnionPay International has launched region’s first EMV prepaid salary cards. Through these cards, banks in the UAE can now offer workers secure and advanced payment services conforming to the country’s Wage Protection System (WPS), at economic costs. UnionPay International is a global provider of high quality, ...

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• 22 February

  Ford Ranger Pickup rolls out on UAE roads

  Dubai / Emirates Business The much-awaited new addition of Ford Ranger, the compact Pickup, has finally hit the markets. It is now available at Al Tayer showrooms. Accoriding to Thierry Sabbagh, Managing Director at Ford Middle East, “The new Ford Ranger is a refined version of the earlier edition, and it has brought a new level of comfort. Without making ...

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• 22 February

  Plan your travel with Joyalukkas rewards

  

  Abu Dhabi / Emirates Business In collaboration with Etihad Airways’ award-winning loyalty program, Etihad Guest, members of Joyalukkas Golden Rewards program can now convert their loyalty points to Etihad Guest Miles. This is the first time in the Middle East that a jeweller is offering its members the loyalty benefit of converting their loyalty points to miles so they can ...

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• 22 February

  Saudi-Russia deal can’t stop biggest bull exodus

  

  Bloomberg A deal between Saudi Arabia and Russia to freeze oil output failed to stem the biggest drop in bullish bets since July. The agreement reached on February 16 isn’t going to revive crude prices, according to Goldman Sachs Group Inc. Iran said it supported the deal, without saying whether it would temper its own production. A ban on Iran’s ...

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