September, 2022

• 15 September

  Gold steadies after US inflation spurs biggest drop in two months

  

  Bloomberg Gold was steady after closing down the most in two months in the wake of higher-than-expected US inflation data. Bullion ended 1.3% lower after the consumer-price index figures were released. It had been on an upward trend this month before the inflation data surprised markets. Economists had expected the CPI to rise 8.1% in August from a year earlier, ...

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• 14 September

  UAE, Bahrain discuss ways to bolster security coopeartion

  

    Abu Dhabi / WAM The joint security committee between the ministries of the interior of the UAE and Bahrain convened at the headquarters of the Ministry of Interior in Abu Dhabi, to discuss ways of boosting their security cooperation, developing e-connectivity systems and promoting the exchange of information and expertise. The Emirati side was led by Major General Khalifa ...

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• 14 September

  Toll operator Salik aims to raise AED3b in Dubai IPO

  

    DUBAI / WAM Dubai’s exclusive toll gate operator Salik Company has announced the offer price and start of the subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM). The price for the Offering has been set at AED2.0 per share. The total Offering size is expected to be AED3 billion (US$817 million), implying a ...

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• 14 September

  UAE President, Japanese PM review aspects of cooperation

    ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Tuesday discussed with Prime Minister of Japan Fumio Kishida bilateral relations and ways of enhancing them in various domains. During a phone call, the two sides tackled a number of regional and global issues of mutual interest, and exchanged views on ways to support the ...

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• 14 September

  Abu Dhabi’s ADQ monetises its minority stake in Taqa

  

    ABU DHABI / WAM ADQ, an Abu Dhabi-based investment and holding company, on Tuesday announced that it has entered into an agreement to monetise a stake of 8.6 percent in Abu Dhabi National Energy Company PJSC (Taqa) to Multiply Group PJSC, Abu Dhabi Pension Fund and other prominent investors. Taqa is a diversified utilities and energy group headquartered in ...

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• 14 September

  EHS, Siemens Healthineers agree to enhance cooperation prospects

  

    DUBAI / WAM Emirates Health Services (EHS) and Siemens Healthineers signed a Memorandum of Understanding (MoU) of mutual cooperation with a focus on medical excellence, improving productivity and innovation in providing various health care services. The signing of the MoU came in the presence of Dr. Yousif Al Serkal, Director-General of EHS; Ole Per Maloy, CEO, Siemens Healthineers Middle ...

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• 14 September

  Ministry-Sharjah FDI deal to promote capacity building

  

    ABU DHABI / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC) and the Sharjah FDI Office (Invest in Sharjah) signed a Memorandum of Understanding (MoU) to promote cooperation and capacity building. Both entities agreed to work together to position the UAE as an ideal destination for trade and investment, highlighting the country’s stable and secure environment, investor-friendly ...

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• 14 September

  Emirates adds more flights to Algeria

    DUBAI / WAM Emirates airlines announced it will increase the frequency of its services to Algiers with the addition of a fifth weekly flight, effective 7th October, 2022. The newest service will complement Emirates’ existing operations between Dubai and Algiers, currently running at four flights a week. The latest addition of services to the airline’s schedule will provide additional ...

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• 14 September

  Sheikh Hamdan launches Dubai’s R&D programme

  

    DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation (DFF), on Tuesday launched Dubai’s Research and Development (R&D) programme during a meeting at the DFF headquarters. The initiative aims to support key economic sectors and ...

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• 14 September

  Dewa, WGEO complete preparations for World Green Economy Summit

  

    DUBAI / WAM All preparations are complete for the 8th World Green Economy Summit (WGES), which is set to take place on September 28-29 at the Dubai World Trade Centre. Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, MD and CEO of Dubai Electricity and Water Authority (Dewa), and Chairman of World Green Economy ...

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