September, 2021

• 9 September

  Helmerich & Payne plans to invest $100 million in Adnoc Drilling IPO

  

  ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) and its subsidiary Adnoc Drilling Company (Adnoc Drilling) and Helmerich & Payne, Inc (H&P), a provider of rig technologies and drilling solutions, jointly announced on Wednesday a strategic alliance, that will see Adnoc Drilling acquire eight FlexRig land rigs from H&P for $86.5 million. Following this transaction, H&P will make ...

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• 9 September

  Adex, RAK Chamber sign deal to support Emirati exporters

  

  Abu Dhabi / WAM The Abu Dhabi Exports Office (Adex), the export-financing arm of the Abu Dhabi Fund for Development (ADFD), has entered into a strategic partnership with Ras Al Khaimah (RAK) Chamber of Commerce and Industry as part of its efforts to support Emirati exporters and build a diverse and sustainable national economy. Both parties formally sealed their cooperation ...

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• 9 September

  UAE sends 100,000 Covid-19 vaccine doses to Mauritania

  

  Abu Dhabi / WAM The UAE has dispatched an aircraft carrying 100,000 doses of the Covid-19 vaccine to Mauritania to help curb the spread of the virus and support Mauritania’s efforts to accelerate its recovery. Additionally carrying 15 metric tonnes of medical supplies, the aircraft is the fifth of its kind to be sent to Mauritania. Hamad Ghanem Al Mehairi, ...

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• 9 September

  Abu Dhabi’s Hub71 opens door to global innovators

  

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has launched its Community Centre of Excellence, aimed at delivering world-class programmes to startups and founders at any stage in the life cycle to accelerate market access, talent hire and fundraising. The Centre of Excellence will also deliver annual events and touchpoints between Hub71 startups and its corporate and government ...

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• 9 September

  Emirates all set to operate 28 weekly flights to South Africa from October

  

  Dubai / WAM Emirates on Wednesday announced that it will be expanding its operations in and out of South Africa, boosting its schedule to 28 weekly flights by October. This is the airline’s largest weekly schedule to South Africa since the start of the pandemic, which aims to bring more competitive choices for customers wishing to visit Dubai, and through ...

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• 9 September

  SPE ATCE to be co-located with Gastech in Dubai

  Dubai / WAM Gastech, the world’s foremost exhibition and conference supporting the gas, LNG, hydrogen, and energy industry, and the SPE Annual Technical Conference and Exhibition (ATCE) will take place alongside each other in Dubai from September 21-23, 2021, the organisers of both events announced on Wednesday. The co-location of Gastech and ATCE, at the Dubai World Trade Centre, will ...

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• 9 September

  Deal signed to facilitate doing business in Dubai

  

  Dubai / WAM Dubai Economy and Emirates Integrated Telecommunications Company PJSC (du), signed a Memorandum of Understanding (MoU) to launch the ‘Start @ du’ initiative to facilitate doing business in Dubai. The MoU is in line with the joint commitment to promote excellence in providing smart services and initiatives that contribute to raising the competitiveness and sustainability of businesses in ...

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• 9 September

  Federal Reserve faces its greatest pandemic test yet

  

  The Federal Reserve has met the historic challenge of navigating the world’s largest economy through a pandemic. But as the central bank prepares to reduce its emergency Covid stimulus, finding the next normal — for monetary policy, markets and the economy — will be its greatest test yet. In achieving a robust recovery, the latest round of quantitative easing, the ...

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• 9 September

  How Gen Z spends its time in China

  

  Last week, China’s top media regulators rolled out a directive prohibiting “sissy idols and other deformed aesthetics.” Their targets were the highly stylised, gender-bending young men who’ve defined Chinese pop culture for more than a decade. In the eyes of President Xi Jinping, these celebrities pose a threat to the masculine revitalisation of the Chinese nation. Like cram schools, celebrity ...

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• 9 September

  Covid travel is a disaster. It doesn’t need to be

  The surreal nature of international travel in the Covid era was beamed live around the world last weekend. In the opening minutes of a soccer match in Sao Paolo between Brazil and Argentina, play ground to a halt when public-health officials walked onto the field to remove several Argentine athletes over an apparent breach of a 14-day quarantine (mandatory for ...

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