March, 2023

• 20 March

  Bitcoin thrives in chaos, breaks above $28,000 for first time since June 2022

  

  BLOOMBERG Turmoil in the banking sector, hotter-than expected inflation data, and renewed hopes for a dovish Federal Reserve has Bitcoin reaching levels not seen in about nine months. The largest digital coin topped $28,000 for the first time since June 2022, trading at around $28,200 on Monday. Bitcoin is now up more than 70% since the start of the year. ...

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• 20 March

  Zen Film Productions’ award winning film Ayah and comedy web series Jab South Meets North to debut on Mideast’s fastest growing video-streaming service, Starzplay Arabia

  

  DUBAI / GULF TIME Zen Film Productions, a Dubai-based boutique film production company with a premier focus on content that transcends international barriers, is now prepared to debut their original content on popular Mena OTT platform Starzplay Arabia. Starzplay, along with Netflix, is said to control two thirds of the Middle East and North Africa’s OTT services, a report by ...

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• 19 March

  Sheikh Mohammed unveils ‘1 Billion Meals’ campaign ahead of Ramadan

  

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has launched the “1 Billion Meals Endowment” campaign, which will establish a food endowment fund as a means to achieve sustainable food aid. Coinciding with the holy month of Ramadan, the campaign aims to mobilise local, regional ...

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• 19 March

  UAE, China non-oil trade hits AED264.2bn in 2022

  

  DUBAI / WAM Abdullah Ahmad Al Saleh, Under-Secretary of the Ministry of Economy, held a bilateral meeting with Zhang Xiangchen, Deputy International Trade Representative for the People’s Republic of China, on the sidelines of the recently held UAE-China Economic Forum in Dubai. During their meeting, the two sides discussed enhancing joint investment opportunities in new economic sectors, trade, logistical transportation, ...

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• 19 March

  ADFD supports initiatives to boost national industries’ competitiveness

  

  ABU DHABI / WAM A delegation of the Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (Adex) visited the headquarters of Mark Cables as part of a series of field visits to national institutions in the country. The purpose of the visit was to expand strategic cooperation with Emirati companies operating in vital sectors, in line ...

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• 19 March

  UAE, Serbia discuss ways to bolster R&D, innovation

  

  BELGRADE / WAM Sarah Al Amiri, Minister of State for Public Education and Advanced Technology, discussed during an official visit to the Republic of Serbia ways to enhance cooperation between the two nations. During her visit, Al Amiri discussed cooperation in areas such as research and development (R&D), advanced technology, sustainability, food technology, developing tools to finance research, innovation, energy ...

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• 19 March

  Empower signs district cooling services deal with Sobha Realty

  

  DUBAI / GULF TIME Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, signed an agreement with Sobha Realty, one of UAE’s leading premium real estate developers, to provide environmentally district cooling services to the developer’s mixed-use projects, most notably the Sobha Hartland master community with a capacity of 17,000 refrigeration tons (RT). As part ...

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• 19 March

  Al Mazrui highlights pivotal role of youth in global climate action

  

  ABU DHABI / WAM Shamma bint Suhail Faris Al Mazrui, Minister of Community Development, Vice Chairman of the Arab Youth Centre, and COP28 Youth Climate Champion, reaffirmed the UAE’s leadership’s belief in the pivotal role of youth in global climate action. In an interview on the sidelines of “Road to COP28” activities held in Expo Dubai, Al Mazrui said that ...

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• 19 March

  Training programme for young media leaders ends on high note

  

  ABU DHABI / WAM The Emirates News Agency (WAM), in collaboration with the Arab Youth Centre, concluded a training programme for graduates of the Young Arab Media Leaders Programme at the Sheikh Zayed Festival. The training programme targeted a range of young Arab media talents. The programme’s participants successfully produced nearly 50 visual reports during the festival, highlighting the momentum ...

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• 19 March

  Sewa reviews applying new technologies to achieve sustainability

  

  SHARJAH / WAM Sharjah Electricity, Water and Gas Authority (Sewa) has participated in a discussion within the Water Desalination Projects Forum in the Middle East and North Africa, held in Abu Dhabi, on modern and innovative technologies in water desalination and their contribution to achieving sustainability. Essam Al Mulla, Director of the Water and Desalination Plants Department at Sewa, highlighted ...

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