October, 2021

• 17 October

  UAE a key contributor to global initiatives to eradicate poverty

  

  ABU DHABI / WAM The UAE maintains a firm belief that the international community must work together to honor shared commitments towards achieving zero poverty, said Sultan Mohammed Al Shamsi, Assistant Minister of Foreign Affairs and International Cooperation for International Development Affairs. Al Shamsi made the remarks in a statement issued on Saturday to mark the International Day for the ...

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• 17 October

  Oil’s jump through $85 shows spillover effect of energy crisis

  

  Bloomberg The global energy crisis is bleeding into the oil market. Brent crude surged as high as $85.10 a barrel, a price that would have seemed unthinkable just 18 months ago, when Covid halted global mobility and trashed demand. An underlying recovery in consumption — driven by road-fuel, freight activity, and latterly air travel — is now being fired by ...

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• 17 October

  UN condemns ‘despicable’ suicide attack on mosque in Afghanistan

  NEW YORK / WAM The United Nations has condemned the deadly suicide bombing during Friday prayers at a mosque in the city of Kandahar, in southern Afghanistan, which killed at least 30 people and wounded dozens more. UN Secretary-General António Guterres condemned the attack in the strongest terms, describing it as “despicable”, said a statement. “The perpetrators of this latest ...

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• 17 October

  SIB’s net profit grows 30% in first 9 months of 2021

  

  DUBAI / WAM Sharjah Islamic Bank (SIB) recorded an increase of 29.6 percent in the net profit reaching at AED 458.0 million for the nine months period ended on September 30, 2021 compared to AED 353.4 million for the same period in 2020. The Bank also reported an increase in operating profits by 29.3percent, reaching AED 652.9 million for the ...

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• 17 October

  AD Ports Group revenue rises 21% to AED1.83b in H1 2021

  

  ABU DHABI / WAM AD Ports Group on Saturday announced its financial results for the first half of the year ended on June 30, 2021, reporting revenue increase of 21% year-on-year to AED 1,832 million ($499 million) compared with AED 1,517 million ($413 million) in the first half of 2020, driven by organic growth, diversification into new businesses, new leases ...

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• 17 October

  Abu Dhabi, Angola keen to boost trade cooperation

  

  ABU DHABI / WAM Mohamed Helal Al Mheiri, Director General of Abu Dhabi Chamber of Commerce and Industry, has received Victor Francisco Fernandes, Minister of Industry and Commerce of Angola, at the Chamber’s tower in Abu Dhabi, to discuss a number of topics of shared interest. Albino Malungo, Ambassador Extraordinary and Plenipotentiary of Angola to the UAE, attended the meeting ...

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• 17 October

  UAE, Israel review growing economic ties

  ABU DHABI / WAM Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, met with the Israeli Tourism Minister Yoel Razvozov at the opening of the Israeli Pavilion at Expo 2020 Dubai to review advancing economic cooperation and increasing direct flights between the two nations. The two ministers deliberated the prospects of further growing business opportunities across ...

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• 17 October

  AD Ports Group revenues rise 21% to hit AED1.83b in H1 2021

  

  Abu Dhabi / WAM AD Ports Group on Saturday announced its financial results for the first half of the year ended 30 June 2021, reporting revenue increase of 21% year-on-year to AED 1,832 million ($499 million) compared with AED 1,517 million ($413 million) in the first half of 2020, driven by organic growth, diversification into new businesses, new leases and ...

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• 17 October

  WAM, RNW Media enhance cooperation in media training

  

  AMSTERDAM / WAM Mohammed Jalal Al Rayssi, Director-General of Emirates News Agency (WAM), has met with Jacqueline Lampe, CEO at RNW Media, and Wouter van Tongeren, Director of Partnerships Management at RNW Media, based in Amsterdam, Netherlands. RNW Media is among the most crucial youth training centres concerned with training media professionals in various countries on the latest professional media ...

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• 17 October

  Slovakia introduces its first hydrogen car at Expo 2020

  

  Dubai / WAM The Slovakia Pavilion at Expo 2020 Dubai has unveiled the country’s first hydrogen car – a sleek, aerodynamic sports car that produces no harmful emissions. The MH2 hydrogen car was designed by Branislav Maukš, the Slovak designer who has contributed to the design of every Ferrari model since 2007. The concept car boasts a unique, functional design, ...

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