August, 2022

• 22 August

  Lockdowns, shortages hit Geely sales

    Bloomberg Chinese car maker Geely Automobile Holdings Ltd. reported first-half profit that missed analyst estimates as sales fell short of expectations — pummeled by Covid-19 lockdowns and supply chain disruptions. Net income dropped 35% to 1.55 billion yuan ($228 million) in the six months ended June 30 from a year earlier, the Hangzhou-based automaker said in a statement. That ...

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• 22 August

  Apple expects to sustain iPhone sales as market slows

  

    Bloomberg Apple Inc has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, counting on an affluent clientele and dwindling competition to weather a global electronics downturn. The tech giant is telling its assemblers to make 90 million of its newest devices, on par with last year, despite deteriorating projections for ...

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• 20 August

  UAE President appoints Jabr Al Suwaidi as Minister of State

    Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a Federal Decree appointing Jabr Mohammed Ghanem Al Suwaidi as Minister of State. Federal Decree No. 97 of 2022 shall be effective from the date of issuance and shall be published in the Official Gazette.

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• 20 August

  UAE is a global pioneer of humanitarian work

  

    Abu Dhabi / WAM Hamad Salem bin Kardous Al Ameri, Director-General of the Zayed Charitable and Humanitarian Foundation (Zayed CHF), said the foundation is continuing to implement its key overall objectives established by the late Sheikh Zayed bin Sultan Al Nahyan to provide people with decent lives without discrimination, as part of the efforts to promote the noble values ...

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• 20 August

  World Bank mobilises $20.7bn to help LatAm, Caribbean economies

  

  Washington / WAM As Latin America and the Caribbean (LAC) continues to deal with the negative impact of the pandemic, the World Bank group (WBG) deployed $20.7 billion to support the region in its just-completed fiscal year ending June 30. These brings the WBG support to LAC since April 1, 2020, to an unprecedented total of $49.8 billion to fight ...

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• 20 August

  UAE shipped $16.34m worth of medications

  

  Dubai / WAM The Dihad Sustainable Humanitarian Foundation, in collaboration with Emirates Red Crescent (ERC), sent the first medicines and medical supplies shipment worth AED60 million (16.34 million) to countries in need to reduce burden on patients suffering from severe health conditions and chronic diseases around the world. The shipment comes as part of the ‘Forevercare’ Initiative which was launched by ...

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• 20 August

  Dubai records AED10.3b in weeklong realty deals

  

  Dubai / WAM The real estate and properties transactions valued at AED10.3 billion in total during the week ending August 19. The sum of transactions was 3,149. 344 plots were sold for AED2.55 billion, 2,239 apartments and villas were sold for AED3.94 billion. The top three transactions were a land in Al Wasl sold for AED400.18 million, followed by a ...

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• 20 August

  UAE’s humanitarian efforts have become sustainable approach

  

    Dubai / WAM Abdul Rahman bin Mohammad bin Nasser Al Owais, Minister of Health and Prevention and Minister of State for Federal National Council Affairs, has emphasised that the UAE will continue to extend a helping hand to all those in need around the world, irrespective of their religion, race or colour, adding that the country’s humanitarian aid has ...

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• 20 August

  UAE sends medications worth AED60m to needy

  

    Dubai / WAM The Dihad Sustainable Humanitarian Foundation, in collaboration with the Emirates Red Crescent (ERC), has sent the first medicines and medical supplies shipment worth AED60 million to countries in need to reduce the burden on patients suffering from severe health conditions and chronic diseases around the world. The shipment comes as part of the ‘Forevercare’ Initiative which ...

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• 20 August

  Covid-19: UAE reports 659 new recoveries

    Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 230,589 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

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