August, 2021

• 18 August

  Oil climbs with US stockpiles in focus

  

  Bloomberg Oil snapped a run of declines as a US industry report pointed to a drop in domestic crude stockpiles. West Texas Intermediate rises 0.5% after a four-day losing run that was the longest since March. The American Petroleum Institute reported that crude inventories fell 1.16 million barrels last week, including a draw at the key storage hub in Cushing, ...

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• 18 August

  Emirates signs codeshare deal with Brazil’s Azul

  DUBAI / WAM Emirates signed a codeshare agreement with Azul Linhas Aereas Brasileiras SA (Azul), which will allow customers to seamlessly connect to and from eight cities in Brazil to Emirates’ global network via Sao Paulo. The codeshare agreement has been approved by the Brazilian Federal Aviation Agency. Under the codeshare, customers will be able to connect to and from ...

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• 18 August

  Sheikh Mohammed announces golden visas for humanitarians

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday announced that the UAE would offer Golden Visas to charity and humanitarian aid workers in recognition of their efforts and sacrifices. The announcement made by HH Sheikh Mohammed to provide long-term residence visas to humanitarian ...

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• 18 August

  New packages launched to help doctors apply for Golden Visas in Abu Dhabi

  

  Abu Dhabi / WAM The Abu Dhabi Department of Health (DoH) and the Abu Dhabi Residents Office (ADRO) launched new packages to support and empower doctors, enabling them to apply for the Golden Visa in Abu Dhabi with added ease and peace of mind. With the new process, doctors nominated by DoH will be offered a VIP package to obtain ...

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• 18 August

  Emirates inks codeshare deal with Brazil’s Azul

  

  Dubai / WAM Emirates signed a codeshare agreement with Azul Linhas Aereas Brasileiras S.A (Azul), which will allow customers to seamlessly connect to and from eight cities in Brazil to Emirates’ global network via Sao Paulo. The codeshare agreement has been approved by the Brazilian Federal Aviation Agency (Agência Nacional de Aviação Civil). Under the codeshare, customers will be able ...

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• 18 August

  Pure Salmon establishes its global HQ in Abu Dhabi

  

  Abu Dhabi / WAM Pure Salmon, a global land-based salmon aquaculture company, prepares to establish its headquarters in the emirate of Abu Dhabi. A partnership between the Abu Dhabi Investment Office (ADIO) and Pure Salmon will see the company receive financial and non-financial incentives to expand local food sustainability efforts with its proven salmon farming technology. The partnership is part ...

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• 18 August

  What Afghanistan’s fall means for Britain, Europe

  

  The rapid fall of Afghanistan to Taliban control presents the UK and its Nato allies with two primary dilemmas — the first is immediately pressing, the second has longer-term implications. The urgent task is to determine a policy for Afghans seeking refuge. Although there are many calls, from lawmakers and the media, to offer more support, asylum policy has been ...

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• 18 August

  Next iPhones cater deftly to influencers

  

  For many consumers, this fall’s Apple Inc iPhone lineup may not be a “must have” with its modest improvements compared with last year’s big 5G upgrade. But the smartphone maker is doing something, well, smart. The company is focusing feature enhancements for its new models towards a key constituency: creators and influencers. And it will pay dividends. Last week, Bloomberg ...

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• 18 August

  How a single Covid case derailed a central bank

  New Zealand made the right call to shelve a widely anticipated interest-rate increase. The central bank should resist the temptation to merely delay by a month or two. The global recovery has probably peaked and the most consequential monetary authorities in the world are loath to contemplate tightening for at least a year. This isn’t the time for New Zealand ...

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• 18 August

  Tencent is ready to back its biggest investment

  Tencent Holdings Ltd’s $223 billion portfolio of shares helped it post record earnings in the June quarter. But with regulators on the warpath, the Chinese games and social media company will be looking to profit from a different type of investment: contrition. While most famous for its WeChat messenger and booming online games business, almost half its profit last quarter ...

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