July, 2021

• 24 July

  Tencent to give up exclusive music rights

  Bloomberg Chinese regulators are set to order Tencent Holdings Ltd. to give up exclusive rights to music labels, Reuters reported. The company will also receive a 500,000 yuan ($77,227) fine for misreporting the acquisition of two apps, according to the report. The penalties are the result of an investigation by the State Administration of Market Regulation into affiliate Tencent Music ...

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• 19 July

  US is UAE’s ‘most important, enduring strategic partner’

  

  WASHINGTON / WAM Concluding a weeklong visit to Washington, DC, Dr Anwar Gargash, Diplomatic Advisor to the President His Highness Sheikh Khalifa bin Zayed Al Nahyan, called the UAE-US relationship as strong as it has ever been and noted that the US is the UAE’s “most important and enduring strategic partner”. During his visit, Dr Gargash met with senior Biden ...

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• 19 July

  UAE-Bahrain trade soars 75% in Q2 as supply chains reopen

  

  Manama / Emirates Business Trade between the UAE and Bahrain has seen a significant rebound since the pandemic with non-oil bilateral trade between the countries increasing by 75% year-on-year in Q2 2021. UAE-Bahrain trade reached $672 million in the second quarter of this year, accounting for around 40% of Bahrain’s GCC trade, according to the latest figures released by Bahrain’s ...

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• 19 July

  Sheikh Mohamed, Oman’s Sultan exchange Eid Al-Adha greetings

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, exchanged through a telephone call Eid al-Adha greetings with His Majesty Sultan Haitham bin Tariq bin Taimur Al Said of Oman. HH Sheikh Mohamed bin Zayed conveyed to the Sultan of Oman the greetings ...

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• 19 July

  UAE a preferred destination for investors: Pakistani official

  

  Dubai / WAM Over the past years, the UAE has succeeded in becoming one of the world’s most successful countries in attracting foreign investment due to a range of factors and incentives that earned it its status as a preferred destination for investors. The UAE boasts a vibrant and prosperous business environment that excels at attracting foreign direct investment (FDI), ...

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• 19 July

  Dubai’s Al Khaleej Sugar to build beet factory in Spain

  

  Bloomberg Dubai’s Al Khaleej Sugar Co, owner of the world’s largest port-based sugar refinery, received the green light to build a factory in Spain, extending its reach beyond the Middle East and North Africa. The company plans to start construction of the plant in Merida next year, said Managing Director Jamal Al Ghurair. The agreement between its subsidiary Iberica Sugar ...

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• 19 July

  Etihad begins twice-weekly service to Vienna, Austria

  

  Abu Dhabi / WAM Etihad Airways, the UAE national airline, on Sunday launched its inaugural flight to Vienna, the first of a new twice-weekly service between Abu Dhabi and the Austrian capital. Flight EY147 departed Abu Dhabi International Airport at 7.30 am on Sunday. The new service will be operated on Thursdays and Sundays using Boeing 787-9 Dreamliner aircraft, offering ...

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• 19 July

  Tickets to Expo 2020 Dubai are now on sale

  DUBAI / WAM As tickets to Expo 2020 Dubai are now on sale, among the plethora of reasons to book a Season Pass for the world’s biggest cultural gathering is a once-in-a-lifetime opportunity to be part of the historic, invite-only opening ceremony. All UAE residents aged 18 and above who purchase an Expo 2020 Season Pass or Family Package before ...

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• 19 July

  EHS launches new project for patients’ safety

  

  Abu Dhabi / WAM The Emirates Health Services (EHS) has launched a new smart system for risk management and patient safety covering 17 hospitals and 73 primary health care centres across the country. The newly launched system aims to improve quality programmes through the provision of a complete vision in one platform. The largest of its kind, the project also ...

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• 19 July

  Nakheel opens new shopping, leisure hub at Nad Al Sheba

  

  Dubai / WAM Dubai developer Nakheel is expanding its retail portfolio with Nad Al Sheba Pavilion, a new shopping and leisure destination at the Nad Al Sheba Villas community, Dubai. Spanning more than 36,426 square feet, the pavilion features key retailers and a beauty salon, all of which have opened on July 15. The development will also include facilities such ...

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