April, 2022

• 6 April

  DGCX trading volumes led by G6-currencies in March

  

    DUBAI / WAM The Dubai Gold & Commodities Exchange (DGCX) recorded a monthly Average Open Interest (AOI) of 134,154 contracts during the month of March, and registered trading volume with a total value of $15.74 billion. In response to further inflation, policy decisions and continued geo-political conflict around the globe, there was a surge in demand for DGCX’s G6 ...

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• 6 April

  World Bank cuts East Asia GDP growth forecasts, warns of risks

  

  Bloomberg The World Bank has lowered its growth forecasts for East Asia and the Pacific to 5% from 5.4% forecast in October, and warned growth could slow to 4% if conditions weaken further. The latest outlook reflects a hit to the region from Russia’s invasion of Ukraine, rising interest rates in the US and slowing growth in China. Ongoing supply ...

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• 6 April

  ‘Visit Abu Dhabi Roadshow’ in Tel Aviv concludes

  Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has concluded its first-ever Visit Abu Dhabi Roadshow event in Tel Aviv, Israel, with the successful two-day event hosted in partnership with Etihad Airways and Experience Hub. The roadshow saw key stakeholders join DCT Abu Dhabi representatives to showcase the UAE capital as the ...

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• 6 April

  Sharjah to attract visitors with 17 diverse exhibitions

  

    Sharjah / WAM The Expo Centre Sharjah has announced its 2022 events calendar, packed with 17 diverse exhibitions beginning on April 12, with five specialised and innovative events organised in the first quarter of the year, attracting thousands of visitors and exhibitors from all over the world. The centre’s calendar includes major local and regional exhibitions and events, most ...

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• 6 April

  Expo Centre Sharjah to attract visitors with 17 exhibitions

  

    Sharjah / WAM The Expo Centre Sharjah has announced its 2022 events calendar, packed with 17 diverse exhibitions beginning on April 12, with five specialised and innovative events organised in the first quarter of the year, attracting thousands of visitors and exhibitors from all over the world. The Centre’s calendar includes major local and regional exhibitions and events, most ...

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• 6 April

  Sharjah unveils vibrant ‘Market Focus’ program at London Book Fair

  

    Sharjah / WAM Sharjah will highlight the rich and vibrant legacy of Emirati and Arab literature and leading discussions on the current and future challenges impacting the global publishing sector at the 49th London Book Fair (LBF) taking place until April 7. The emirate is also being honoured as ‘Market Focus’, becoming the first representative of an Arab country ...

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• 6 April

  UAE has world-class advanced infrastructure, says Al Mazrouei

  

    DUBAI / WAM Suhail bin Mohammed Al Mazrouei, the UAE Minister of Energy and Infrastructure, chaired the second meeting of the UAE Infrastructure and Housing Council, which was held virtually in the presence of its members. Al Mazrouei affirmed that the advanced infrastructure of the UAE represents a stimulating environment for accelerating the pace of sustainable development, prosperity and ...

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• 6 April

  Emirates Islamic launches several charitable initiatives

  

    Dubai / Gulf Time Emirates Islamic, one of the leading Islamic financial institutions in the UAE, is commencing the holy month of Ramadan with several charitable, humanitarian and community initiatives, including providing financial support to the Khalifa Foundation for Charitable and Humanitarian Works, through the Emirates Islamic Charity Fund. The bank distributed Meer Ramadan (essential foodstuff and commodities regularly ...

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• 6 April

  Etihad offers specially curated inflight menu in Ramadan

  

    Abu Dhabi / Gulf Time In celebration of the Holy Month, Etihad Airways, the national airline of the UAE, has teamed up with Emirati Chef Khaled Alsaadi to offer a specially curated inflight menu for the month of Ramadan. The Abu Dhabi-based Chef has put his signature twist on authentic Emirati recipes, fusing contemporary cooking techniques and local ingredients ...

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• 5 April

  EU to propose banning Russian coal imports after atrocities

  

  Bloomberg The European Union is planning to propose a mandatory phaseout on coal imports from Russia in a direct response to reports that Russian forces committed apparent war crimes in Ukraine, according to people familiar with the matter. The action on coal would be added to a package of steps aimed at strengthening existing measures and correcting loopholes that was ...

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