February, 2022

• 14 February

  UAE welcomes Turkish president Erdogan as ties growing steadily

  

    ABU DHABI / WAM The upcoming visit of President of Turkey, Recep Tayyip Erdogan, to the UAE on Monday reflects a significant step towards enhancing the growing strategic relations between the two regional partners. The Emirati-Turkish relations witnessed a qualitative leap with the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and ...

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• 14 February

  Bangladesh keen to establish direct shipping line with UAE

  

    Abu Dhabi / WAM Bangladesh is keen to establish a direct shipping line with the UAE, which will reduce the existing navigation time by two thirds and pave the way for exponential growth in bilateral trade, a top Bangladeshi diplomat told the Emirates News Agency (WAM). AK Abdul Momen, Foreign Minister of Bangladesh, who is on a four-day official ...

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• 14 February

  ‘World’s Coolest Winter’ campaign: Revenue of UAE hotel establishments up 50%

  

    DUBAI / WAM The UAE Government Media Office announced the success of the second edition of the “World’s Coolest Winter” campaign, that was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on December 2021. The campaign promoted tourism, natural sites and entertaining destinations and experiences ...

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• 14 February

  Danube Home opens newest showroom in Dibba, Fujairah

  

    Dubai / Gulf Time Danube Home, the leading one-stop retail solution for all home interior and improvement needs in the region, opened its newest showroom in Dibba, Fujairah. The showroom was inaugurated by Sheikh Abdullah bin Hamad bin Saif Al Sharqi, President of the UAE Federation and Vice-President of the Asian Federation of Body Building and Physical Strength, in ...

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• 14 February

  Dubai Municipality plants 170,000 trees in 2021

    Dubai / WAM Dubai Municipality on Sunday said that it has added 2.83 million square metres of green areas to the city by planting more than 170,000 trees in various locations, as well as along roads and squares in Dubai in 2021. An average of 466 trees were planted per day, 130% higher than the initial target, increasing the ...

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• 14 February

  UAE cinemas to return to full capacity

    Abu Dhabi / WAM The Media Regulatory Office of the Ministry of Culture and Youth has announced that cinemas in the UAE will be operating at maximum capacity from Tuesday, February 15. The decision was issued by the National Emergency Crisis and Disasters Management Authority (NCEMA). NCEMA stipulates that each emirate can modify cinema capacity, easing or tightening procedures ...

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• 14 February

  ConocoPhillips considering $1 billion Permian assets sale

  

    Bloomberg ConocoPhillips, one of North America’s largest energy explorers, is considering a sale of operations worth more than $1 billion in the Permian Basin, according to people with knowledge of the matter. The company is working with an adviser to run an auction process for the assets, said the people, who asked not to be identified because they weren’t ...

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• 14 February

  Ambani’s Reliance seeks to be top blue hydrogen maker

  

    Bloomberg Reliance Industries Ltd, helmed by Asia’s richest man Mukesh Ambani, aims to be among the largest producers of blue hydrogen at “competitive cost” in its ambitious green-energy transition plan. The Mumbai-based company will re-purpose a $4-billion plant that currently converts petroleum coke into synthesis gas to produce blue hydrogen for $1.2-$1.5 a kilogram, according to a presentation. So-called ...

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• 14 February

  Aircraft retirement party has been postponed now

  

  In April and May of 2020, when global air travel had essentially ground to a halt and it was becoming apparent that the pandemic would last more than a few weeks, one popular narrative was that the slump would prompt airlines and lessors to put more jets than usual out to pasture permanently. The concern was that this would then ...

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• 14 February

  Under Armour warns supply chain woes

  

  It’s not just your fluffy winter pajamas being affected by global supply chain snarl-ups. Your summer shorts could be too. Under Armour Inc, the sportswear maker, warned that the impact of bottlenecks could continue into its spring and summer seasons. Higher shipping costs could last for much of this year too. The current effects are a continuation of the supply-chain ...

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