March, 2023

• 30 March

  UAE has become world’s favourite destination for living, doing business, says Khalifa Saif Almuheirbi

  

  ABU DHABI / GULF TIME Khalifa Saif Almuheirbi, Chairman of the Arabian Gulf Investments Company, affirmed that the cabinet’s decisions approving 24 national initiatives to double re-exports from the UAE by 100% will contribute to strengthening the country’s economic position and placing it among the global countries. Almuheirbi stated that considering the year 2023 the strongest economically shows the huge ...

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• 30 March

  Immerse in traditions of Holy Month of Ramadan with Asha’s WAFI

  

  DUBAI / GULF TIME The Holy Month of Ramadan is upon us and Asha’s welcomes families, friends and loved ones to treasure special moments at a contemporary-meets-traditional Ramadan Iftar menu. Celebrate the spirit of togetherness and embark on a culinary journey this Ramadan with a sublime Iftar offering from the appetizing Asha’s sharing platter to our main course dishes, such ...

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• 30 March

  Erth Abu Dhabi welcomes back Zayed Sports Tournament, offering AED184,000 in prize money this Ramadan

  

  ABU DHABI / GULF TIME After a three-year hiatus, a mini two-week Zayed Sports Tournament, one of the popular family sporting events on the Abu Dhabi calendar, is making its triumphant return to Erth Abu Dhabi. The event will run until April 8. Erth Abu Dhabi, the UAE capital’s treasured destination of Emirati hospitality announced that the Zayed Sports Tournament ...

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• 30 March

  Danube Group supports ‘1 Billion Meals Endowment’ campaign with AED 5 million

  

  DUBAI / GULF TIME Danube Group announced its contribution of AED 5 million in support of “1 Billion Meals Endowment” campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, with the aim of launching the largest Ramadan sustainable food aid endowment fund. Organised by Mohammed bin ...

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• 30 March

  Dewa’s electricity transmission, distribution lines hit 42586 kms

  

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa)’s electricity, water transmission and distribution lines witnessed substantial growth across Dubai in 2022. The total length of transmission and distribution electricity lines has reached 42,586.71 kilometres, and the water transmission and distribution lines has reached 13,769 kilometres. Saeed Mohammed Al Tayer, MD & CEO of Dewa, highlighted Dewa’s commitment to continue ...

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• 30 March

  ‘Costa Rica-UAE Cepa to bring economic, social benefits to both peoples’

  

  ABU DHABI / WAM The proposed Comprehensive Economic Partnership Agreement (Cepa) between Costa Rica and the UAE will bring economic and social benefits to both peoples, a top Costa Rican official told the Emirates News Agency (WAM). “This will in turn bring both countries closer to our development goals,” said Manuel Tovar Rivera, Minister of Foreign Trade of Costa Rica, ...

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• 30 March

  Study shows climate change poses threat to world’s well-being

  

  ABU DHABI / WAM As the world’s investors continue to negotiate with and navigate an increasingly complex international investment landscape and deploy capital to create a sustainable future, Mubadala Investment Company (Mubadala) is launching its Megatrends Study with Bloomberg Media, showing how climate change is a growing threat to the world and digital technologies serve as the greatest opportunity for ...

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• 30 March

  UK offshore wind gets boost with ScottishPower’s $1.9b deal

  

  BLOOMBERG Iberdrola SA’s ScottishPower unit signed a £1.5 billion ($1.9 billion) deal with Siemens Gamesa to supply wind turbines for an offshore project in a boost for the UK’s stalling renewable-power sector. The deal comes as the UK wind-power industry grapples with cost inflation, rising interest rates and more generous government backing in the US. Developers have warned that cost ...

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• 30 March

  PM Modi’s BJP faces close fight in India’s swing state Karnataka

  

  BLOOMBERG India will hold elections in the populous southern state of Karnataka in May, the results of which will indicate whether the opposition has cut into the popularity of Prime Minister Narendra Modi’s ruling party ahead of general elections next year. Winning Karnataka — the state is home to Bengaluru, India’s IT hub — would energise Rahul Gandhi’s opposition Congress ...

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• 30 March

  Myanmar junta dissolves Suu Kyi’s party after poll boycott

  

  BLOOMBERG Myanmar’s military government dissolved the National League for Democracy (NLD), the pro-democracy party of Aung San Suu Kyi, after it failed to register as a political entity for upcoming elections. The Union Election Commission said 63 political parties, including 50 existing parties, have applied for registration to compete in the general elections the military is planning. The NLD was ...

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