June, 2020

• 29 June

  UAE suspends flights from Pakistan

  ABU DHABI / WAM The General Civil Aviation Authority (GCAA) announced that all inbound passenger flights, including transit, from Pakistan to the UAE have been suspended until further notice. The suspension, which came into effect on Monday, will continue until a dedicated laboratory test for Covid-19 is established in Pakistan to ensure all passengers headed to the UAE have been ...

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• 29 June

  Dubai Future Labs launched

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Monday commended talented Emirati youth and the determination of the UAE society for the nation’s optimistic and positive outlook for the near future which will focus on designing integrated and future-oriented strategies, anticipating changes and ensuring readiness to achieve tangible ...

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• 29 June

  Zaki Nusseibeh launches UAE-China virtual culture week

  Dubai / WAM Zaki Nusseibeh, Minister of State, on Monday launched the UAE-China virtual culture week, a five-day online event featuring talks, musical performances, and cultural masterclasses in both China and the UAE. Organised by Falcon and Associates and Chinese graduates from His Highness Sheikh Mohammed bin Rashid’s Dubai Business Associates programme, the event will celebrate the positive impact of ...

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• 29 June

  UAE aid helps development of Yemen’s Socotra

  

  ABU DHABI / WAM Development aid provided to the remote Yemeni governorate of Socotra by the UAE has made a major impact in terms of improving the life of the local population, according to a report made available to the Emirates News Agency (WAM). The report provides an overview of assistance co-ordinated by the Abu Dhabi-based Sheikh Khalifa Humanitarian Foundation, ...

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• 29 June

  Tawazun continues Seeds programme

  Abu Dhabi / WAM Tawazun Economic Council (Tawazun) unveiled an innovative virtual training solution through its partnership with six defence and aerospace companies and four universities in order to ensure continuance of the Sustain and Enhance Emiratisation in Defence and Security (SEEDs) programmeme by creating virtual internships. In a statement, Tawazun said that 60 UAE national engineering students benefit from ...

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• 29 June

  Emirates adds new flights, bringing network to 50 cities in July

  

  DUBAI / WAM Emirates continues to add travel options for customers with the announcement that it will re-start passenger flights to Cairo (from July 1), Tunis (from July 1), Glasgow (from July 15) and Malé (from July 16). This will bring Emirates’ network to 52 destinations in July, offering travellers convenient connections between the Middle East, Africa, Asia Pacific, Europe ...

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• 29 June

  Russia blasts reports of bounties on US troops

  

  Bloomberg Russia dismissed US intelligence findings reported by American media that it paid bounties for the Taliban to kill American and allied soldiers in Afghanistan as “fake news.” The intelligence assessments are part of the domestic political battle in the US ahead of November presidential elections, said Zamir Kabulov, President Vladimir Putin’s envoy to Afghanistan. “It’s hard to explain otherwise ...

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• 29 June

  Seven die in attack on Pakistan stock exchange

  

  Bloomberg Pakistani security officials killed four gunmen in Karachi before they could enter the stock exchange building with automatic rifles and hand grenades. The attackers were not able to enter the main compound, Farrukh Khan, chief executive officer of the exchange said by phone. The situation is under control now, said Khan. The KSE 100 index, which dropped after news ...

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• 29 June

  India stocks drop as Covid-19 cases rise

  Bloomberg Indian stocks dropped on concern that increasing coronavirus infections and the extension of restrictive measures in some states will hinder a recovery in Asia’s third-biggest economy, which has just begun to reopen. The S&P BSE Sensex and the NSE Nifty 50 Index both fell 1.4% as of 10:13 am in Mumbai, set for their lowest close in more than ...

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• 29 June

  Hedge fund sounds alarm on Korea’s $100bn bio stocks

  

  Bloomberg For those investors lucky enough to have invested in South Korea’s health care sector, now may be the time to reassess the risks. James Lim, a senior analyst at the $3 billion California-based hedge fund Dalton Investments LLC., is warning that retail investors could pull out of the nation’s equity market on unforeseen events such as an earlier-than-expected curb ...

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