November, 2022

• 5 November

  Global equities pare weekly loss on China reopening rally

  

  Global equities trimmed a weekly loss as Chinese shares surged amid signs that authorities are trying harder to ease the impact of its Covid-Zero policy. Treasuries were little changed before US payrolls data. US futures advanced, with the Nasdaq 100 poised to trim its biggest weekly drop since the start of the year, and US-listed Chinese stocks surging in premarket ...

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• 5 November

  ADSB to help build high-end vessels for Indonesia’s naval, coast guards

  

  Jakarta / WAM   Abu Dhabi Ship Building (ADSB), an Edge entity, on Friday signed a memorandum of understanding with PT PAL Indonesia, Indonesia’s state-owned shipbuilder, to strengthen cooperation and to leverage the capabilities of both partners to build a range of interceptors, landing craft, and rigid-hull inflatable boats (RHIBs) for Indonesia’s naval and coast guard requirements. Speaking on the occasion, ...

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• 5 November

  Saudi Arabia sees 8.6% growth in real GDP in Q3

  

  Riyadh / WAM    The real gross domestic product (GDP) of Saudi Arabia continued to grow by 8.6% in Q3 2022 compared to Q3 2021, according to flash estimates by the Saudi General Authority for Statistics. This growth is mainly due to the increase in oil activities by 14.5% in Q3 2022. Non-oil activities grew by 5.6% and government services activities ...

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• 5 November

  UAE’s efforts in spreading values of brotherhood, tolerance lauded

  

  Abu Dhabi / WAM Dr Ahmed El-Tayeb, Grand Imam of Al-Azhar and Chairman of the Muslim Council of Elders, has received at his residence in Bahrain, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, on the sidelines of their participation in the “Bahrain Forum For Dialogue: East And West For Human Coexistence”. Dr El-Tayeb welcomed Sheikh Nahyan ...

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• 5 November

  Oil jumps to highest in 3 weeks as China easing its Covid curbs

  

  Oil jumped to the highest in more than three weeks as markets rallied over China easing its Covid restrictions. Brent crude futures surged more than 4% to near $99 a barrel, with China, the world’s biggest crude importer, said to be working on plans to scrap a system that penalises airlines for bringing virus cases into the country. Oil has ...

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• 5 November

  China, Australia step up Pacific rivalry

  

  China has pledged to deliver water cannons to the Solomon Islands, just days after Australia provided rifles, underscoring the growing competition for influence in the Pacific nations. China and the Solomon Islands were to hold a ceremony Friday morning to hand over two water cannons and an undisclosed number of vehicles to police, the Australian Broadcasting Corp. reported, citing program ...

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• 5 November

  US-China friction gives Kim Jong-un the freedom to fire away

  

  North Korea’s unprecedented barrage of missiles is underscoring the costs of Washington’s tensions with Beijing, since China has shown little appetite for additional sanctions over the country’s nuclear program. China, along with Russia, played a critical role in approving United Nations sanctions on their neighbor after Kim Jong Un tested an atomic bomb and launched a missile designed to carry ...

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• 5 November

  On Nato front lines, Slovaks fight advance of Russian propaganda

  

  Slovakia, a Nato and European Union member where polls show half of citizens believe Russia didn’t cause the war in Ukraine, is beefing up a special unit set up this year to fight hybrid threats. Now the Center for Countering Hybrid Threats at the Interior Ministry is looking to buy special AI-based analytical software to detect information operations. “It will ...

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• 5 November

  China opposes nuclear force, Xi tells Scholz  in message to Putin

  

  Chinese President Xi Jinping told German Chancellor Olaf Scholz he opposed the use of nuclear force in Europe, in his most direct remarks yet on the need to keep Russia’s war in Ukraine from escalating. During the two leaders’ first in-person talks on Friday in Beijing, Xi called on the international community to “reject the threat of nuclear weapons” and ...

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• 5 November

  Abu Dhabi tells visitors to discover experiences at their own pace

  

  Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has unveiled its latest campaign “Experience Abu Dhabi. Find Your Pace”. The campaign shares a variety of experiences that inspire, excite and restore, welcoming the world to come and enjoy memorable moments that matter – in their way and at their own pace. Experience ...

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