March, 2021

• 2 March

  Stock rally ebbs as commodities dip; dollar advances

  

  Bloomberg Most Asian stocks slipped on Tuesday along with US and European equity futures as investors weighed the impact of the recent climb in bond yields and a Chinese official’s warning about asset bubbles. The dollar rises. Shares in China and Hong Kong led the regional decline. S&P 500 and Nasdaq 100 futures turned lower. China is “very worried” about ...

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• 2 March

  Mohammed orders airlift of humanitarian aid to Sudan

  

  DUBAI / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has ordered aid flights to transport urgent humanitarian aid and medical supplies from the World Health Organisation’s (WHO) Logistics Hub in Dubai to Sudan. Under Sheikh Mohammed’s directives, the International Humanitarian City (IHC) chartered two aircraft to ...

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• 2 March

  Adnoc L&S fully acquires Speedy Hire’s UAE assets

  

  ABU DHABI / WAM Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), on Monday announced the acquisition of all of the UAE-based assets of Speedy Hire, the UK’s provider of tools and equipment hire for the oil & gas, construction, and industrial sectors. Under the terms of the acquisition, ...

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• 2 March

  Seha, MBZUAI ink pact for clinical research

  

  ABU DHABI / WAM Abu Dhabi Health Services Company (Seha) has announced the signing of a Memorandum of Understanding with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to integrate the use of AI into the provision of medical care, enhancing clinical expertise and elevating the patient experience. The MoU was signed by Seha’s Group Chief Executive Officer, Dr ...

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• 2 March

  Mohammed receives Sultan of Oman’s letter

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has received a letter from His Majesty Sultan Haitham bin Tariq Al Said of Oman, about the brotherly relations between the two countries and peoples. The Sultan of Oman congratulated Sheikh Mohammed on the successful journey of the Hope Probe to ...

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• 2 March

  Oil powers ahead as key Opec+ meeting looms, markets rally

  

  Bloomberg Oil rebounded from its biggest slump since November ahead of a key Opec+ meeting that may see some supply returned to a fast-tightening market. Futures in New York rose above $62 a barrel. The alliance gathers on Thursday and is expected to loosen the taps after prices got off to their best ever start to a year. But it’s ...

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• 2 March

  Dubai Chamber sees surge in members’ exports in Jan

  

  DUBAI / WAM Dubai Chamber of Commerce and Industry has revealed that members’ exports to Central Africa and Western Africa recorded a surge of 85% and 57%, respectively, in January 2021, compared to the same month in the previous year. The total value of member companies’ exports targeting the African continent reached AED2.9 billion during the same month, marking a ...

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• 2 March

  Emirates to fly daily to Khartoum

  DUBAI / WAM Emirates airline will boost its frequencies to Sudan with the introduction of daily flights to/from Khartoum starting on March 09. The introduction of additional frequencies will provide more options and added convenience for those wishing to travel to Dubai and beyond to Emirates’ network of over 90 destinations. Emirates continues to take measured steps to safely and ...

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• 1 March

  UAE’s leadership prioritises reading, says Zaki Nusseibeh

  

  ABU DHABI / WAM Zaki Anwar Nusseibeh, Cultural Advisor to the UAE President and Chancellor of the United Arab Emirates University (UAEU), said that the UAE’s leadership prioritises the efforts to promote knowledge and reading among members of the community, to make reading part of everyone’s lives and help create a cultured and knowledgeable community. In his statement to the ...

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• 1 March

  Seha, MBZUAI ink deal to enhance clinical research

  

  Abu Dhabi / WAM Abu Dhabi Health Services Company (Seha) announced the signing of a Memorandum of Understanding (MoU) with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to integrate the use of AI into the provision of medical care, enhancing clinical expertise and elevating the patient experience. The MoU was signed by Seha’s Group Chief Executive Officer, Dr ...

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