April, 2021

• 28 April

  Asia’s climate stocks primed for rebound, money managers say

  

  Bloomberg The global climate summit could prove to be a catalyst for a rebound in Asia’s environment-related stocks, which have been underperforming the broader market this year. Aberdeen Standard Investments Ltd., BNP Paribas Asset Management and Pictet Asset Management are among funds suggesting the summit’s outcome can spark a green rally, after it brought the US back into the global ...

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• 28 April

  UAE dispatches third shipment of Covid-19 vaccine doses to Syria

  

  DAMASCUS / WAM A third Emirates Red Crescent (ERC) aid plane arrived in Damascus on Tuesday loaded with Covid-19 vaccine doses to help Syria fight the coronavirus (Covid-19) pandemic. The shipment, arranged in coordination with the Syrian Red Crescent Organisation, is part of the UAE’s global response to combat the spread of the virus and strengthen prevention measures. It aims ...

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• 28 April

  Opec+ sticks with plans to gently hike supply as demand recovers

  

  Bloomberg The Organisation of Petroleum Exporting Countries (Opec) and its allies recommended proceeding with plans to gently revive oil production as global demand recovers from the pandemic, despite surging infections in India. A committee led by Saudi Arabia and Russia agreed the coalition can skip a full-scale ministerial meeting originally scheduled for Wednesday, and press on with its road-map for ...

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• 28 April

  Draghi bets $315 billion on redesign for Italy economy

  

  Bloomberg Prime Minister Mario Draghi has just days to perfect and finalise what he’s calling a “historic” project to rescue Italy’s economy from the pandemic and fix its structural weaknesses, using $315 billion of mostly European Union (EU) funds. A lot is riding on the plan. If it works, it would overturn the fortunes of an economy long regarded as ...

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• 28 April

  Sudanese PM hails UAE’s support to his country

  KHARTOUM / WAM Dr Abdalla Hamdok, Prime Minister of Sudan, has commended the UAE’s stances in support of his country in international fora as well the UAE’s continuous efforts to make the transitional period a success. During his meeting with Hamad Muhammad Hamid Al Junaibi, UAE Ambassador to Sudan, Dr Hamdok praised the outstanding ties between the two brotherly countries. ...

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• 28 April

  Etihad Airways offers sale to Athens from AED995 return

  

  ABU DHABI / WAM Etihad Airways, the national airline of the UAE, launched a sale on fares to Greece, as travellers from the UAE are not required to quarantine on arrival. Fly from Abu Dhabi to Athens in Economy for just AED 995 return or AED 9,995 in Business. Fares are valid until May 3 for travel until November 20. ...

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• 28 April

  DCT Abu Dhabi, TikTok sign partnership deal

  

  Abu Dhabi / WAM A new project launched in Tuesday will showcase Abu Dhabi in a new and unique way, with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) officially announcing a partnership with TikTok, the social networking service. A newly launched channel – Visit Abu Dhabi – aims to engage content creators to showcase the ...

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• 28 April

  EGA starts up first section of Al Taweelah smelter expansion

  

  Dubai / WAM Emirates Global Aluminium (EGA) on Tuesday announced the start-up of the first section of an expansion to the company’s Al Taweelah smelter. The 26 new reduction cells at potline 1 at Al Taweelah will now ramp-up to produce some 30,000 tonnes of aluminium per year, the company said in a statement on Tuesday. In total, EGA is ...

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• 28 April

  UAE sends food aid to Comoros

  

  Abu Dhabi / WAM The UAE on Tuesday sent an aid plane containing 43 metric tons of food to Union of the Comoros as part of its humanitarian initiatives during the Holy Month of Ramadan to meet the needs of thousands of families with limited income. This comes against the backdrop of ongoing efforts to assist those affected by the ...

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• 28 April

  Sharjah Souq Al Haraj records 17,083 transactions

  

  Sharjah / WAM The licencing and vehicle registration centre at Souq Al Haraj for Cars in Sharjah, affiliated to Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, has completed 17,083 transactions during the first quarter of the year. This is an increase of approximately 3000 transactions from the same period in 2020, when 14,042 transactions were ...

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