Abu Dhabi / WAM Upon the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the monitoring of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC) the UAE allocated AED35 ...
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November, 2020
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4 November
Mohammed dedicates Flag Day celebrations to frontline heroes
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has dedicated the celebrations of the Flag Day to the heroes at the forefront of the nation’s fight against Covid-19. His Highness hoisted the UAE flag at the Mohammed bin Rashid University of Medicine and Health Sciences. The ...
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4 November
Flag reflects concepts of unity: Ajman Ruler
Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has said that the UAE flag reflects the concepts of unity and adherence to the Union’s values established by the Founding Fathers, as well as the community coherence, reinforcing patriotism and strengthening the country’s pioneering position and prominent image. He made this ...
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3 November
Dubai Investments posts 102% surge in net profit
DUBAi / WAM Dubai Investments on Tuesday reported a 102% surge in the third quarter net profit to AED213 million, compared to AED105 million in corresponding period last year. The net profit for nine-month period ending on September 30 was AED418 million. The total revenue during nine-month period was AED1.90 billion while the total assets increased to AED21.5 billion as ...
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3 November
Trade rises in Dutch natural gas market
Bloomberg The Dutch natural gas market is reinforcing its position as one of the most important trading hubs in the world. Trade on the Dutch Title Transfer Facility (TTF), as the market is known, is surging as Europe increased imports from Russia, Norway and further afield via liquefied natural gas tankers. Natural gas futures open interest, a tally of outstanding ...
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3 November
Shell acquires control of its gas station JV in China
Bloomberg Royal Dutch Shell has acquired full control of one of its gas station joint ventures in China as the oil major doubles down on the fuel retailing market in the world’s second-largest economy. Shell has agreed to buy the stake it didn’t already own in Chongqing Doyen Shell Petroleum & Chemical Co and completed the deal on October 19, ...
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3 November
Last check on presidential power: We the people
After four years of President Donald Trump’s assault on the Constitution, it comes down to this. The courts have done what they could to limit the damage; the House impeached him; and the Senate let him get away with it. Now all that remains is the final check provided by the Constitution: a vote of the people. James Madison would ...
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3 November
Will Christmas come early for Amazon
For many retailers, the final three months of the year are traditionally known as the Golden Quarter, when non-food shops make the bulk of their profits. The period this year will be far from sparkling — unless you are Amazon.com Inc. The online retailer is poised to be one of few winners from the UK government’s decision to impose a ...
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3 November
Covid-19 lockdowns make us less creative
As Europe struggles with the second wave of the virus and faces a new round of lockdowns, governments and businesses must ask themselves whether people will cope with more restrictions as well as they have striven to do so far. For many white-collar workers, the pandemic has already made remote work the new normal. But for all of its advantages, ...
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3 November
Early vaccine hopes have a math problem
Covid-19 vaccines may not arrive quite as soon as people hoped. An October surprise didn’t happen, there will be no vaccine by Election Day, and even Thanksgiving might be pushing it. Front-runner Pfizer Inc’s oft-repeated suggestion that it might have vaccine data by Halloween was wrong, and Anthony Fauci now suggests an immunisation might not be available on even a ...
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