June, 2022

• 9 June

  Financial access key driver to economic recovery: EDB

  

    Dubai / WAM Ahmed Mohamed Al Naqbi, Chief Executive Officer of Emirates Development Bank (EDB), has called on the local and regional banking community to increase access to corporate finance and accelerate the UAE’s economic recovery. Speaking on the opening day of Bonds, Loans & Sukuk Middle East 2022, Al Naqbi highlighted the role of financial markets in driving ...

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• 9 June

  Arada unveils 3rd phase of Masaar project in Sharjah

    Sharjah / WAM Arada has launched Robinia, the third phase of its Sharjah woodland community Masaar. The launch of the 565 villas and townhouses in Robinia has been brought forward after the first two residential phases at Masaar both sold out. Valued at AED8 billion and containing 4,000 homes spread over eight gated districts, all linked by a “green ...

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• 9 June

  Dewa builds 3 new reservoirs to enhance water security in Dubai

  

    Dubai / WAM Dubai Electricity and Water Authority (Dewa) is increasing the storage capacity of desalinated water in Dubai to enhance water security. Dewa is building three water reservoirs in different parts of Dubai. The water reservoirs will include one in the Nakhali area with a storage capacity of 120 MIG and investments totalling AED287.8 million, one in the ...

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• 9 June

  Arada unveils 3rd phase of Masaar project in Sharjah

  

    SHARJAH / WAM Arada has launched Robinia, the third phase of its Sharjah woodland community Masaar. The launch of the 565 villas and townhouses in Robinia has been brought forward after the first two residential phases at Masaar both sold out. Valued at AED8 billion and containing 4,000 homes spread over eight gated districts, all linked by a “green ...

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• 9 June

  UAE delegation to explore prospects for enhanced cooperation with Morocco

  

    ABU DHABI / WAM A high-level UAE delegation headed by Abdullah bin Touq Al Marri, Minister of Economy, will be visiting the Kingdom of Morocco on Thursday to explore prospects for enhanced cooperation in the next phase. The meetings will also help explore promising investment opportunities in the markets of the two countries and strengthen them during the next ...

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• 9 June

  NHRI, UAEU discuss enhancing cooperation

    ABU DHABI / WAM Maqsoud Kruse, Chairperson of the National Human Rights Institution (NHRI), and a delegation from the United Arab Emirates University (UAEU), discussed enhancing cooperation in scientific research, developing curricula and empowering students in the field of human rights. The UAEU delegation was headed by Prof Dr Ahmed Ali Murad, Associate Provost for Research at UAEU. During ...

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• 9 June

  Khawla Art and Culture hosts ‘A Vibrant Land’ exhibition

  

    ABU DHABI / WAM Khawla Art and Culture is hosting an exhibition titled “A Vibrant Land”, showcasing the work of professional Emirati photographer and documentary filmmaker Ali bin Thalith. Running until June 16, the exhibition is showcasing the wildlife scenes photographed by Ali bin Thalith. Sheikha Khawla bint Ahmed Khalifa Al Suwaidi, Founder of Khawla Art and Culture and ...

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• 9 June

  Hard lessons from war in Ukraine are here

  

  Now that Vladimir Putin’s war on Ukraine is more than 100 days old and Ukraine fatigue is setting in for most people, I’m finally able to think more or less rationally about a calamity that has turned my world, and that of many like-minded Russians, upside down — though in a much less traumatic way, of course, than it has ...

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• 9 June

  TSMC may just be recession proof

  

  It takes a lot of guts to spend $42 billion in a single year on factories and equipment just as global interest rates are rising and economies are slowing. Even Taiwan Semiconductor Manufacturing Co’s (TSMC) investors had started to doubt the world’s biggest chipmaker. But the company’s confidence was on display again when Chairman Mark Liu told shareholders it expects ...

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• 9 June

  Japan’s blurred vision for future of capitalism

    The best political slogans are simple and direct: Think “It’s the economy, stupid,” or former UK leader Tony Blair’s “Tough on crime, tough on the causes of crime.” Japanese politicians don’t typically excel at these soundbites. That’s what made former Japanese Prime Minister Shinzo Abe’s “Three Arrows” of Abenomics such a standout — using a simple folk tale, it ...

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