June, 2017

• 10 June

  UAE pavilion at Expo 2017 Astana inaugurated

  

  Abu Dhabi / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Higher Committee of Expo 2020 Dubai, inaugurated the UAE pavilion at Expo 2017 Astana on Saturday. HH Sheikh Ahmed bin Saeed Al Maktoum was accompanied by H.E Dr Sultan Ahmad Al Jaber, Minister of State and Chairman of the National Media Council (NMC), the government …

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• 10 June

  Musanada begins work on Al Ghuwaifat border post rehablitation project

  Abu Dhabi / WAM Abu Dhabi General Services Company (Musanada), has started work on the Al Ghuwaifat Border Post Rehabilitation Project costing AED119 million. Slated to be completed within 16 months, the Project includes rehabilitation of fast car and truck lanes; police, customs and passport counters/checkpoints; street lighting and telecommunications networks. The work will involve rehabilitation of the border post …

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• 10 June

  Dubai govt employees to get June salary on 15th

  Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has ordered an early salary deposit for Dubai government employees in June, a gesture aimed at helping families ensure they can meet their needs and requirements during Eid Al Fitr. Government employees will receive their …

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• 10 June

  Ajman Chamber discusses ways to strengthen economy

  Ajman / WAM Within the framework of strengthening the ties and direct cooperation between Ajman and the world, the Ajman Chamber of Commerce and Industry (ACCI), organised its annual Ramadan Majlis. Sheikh Sultan bin Saqr Al Nuaimi, Mohammed bin Khalifa bin Salmeen Al Aryani, Board members of ACCI, Nasser Al Dhafri, Acting Director-General of Ajman Chamber, Mohammed Al Janahi, Executive …

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• 10 June

  wasl Topaz launched in Umm Hurair

  

  Dubai / Emirates Business wasl properties, a subsidiary of wasl Asset Management Group, has announced the launch of wasl Topaz in Umm Hurair. The development will provide prospective tenants in this vital area of the city with 90 new residential units for leasing, ranging from one and two bedroom apartments to two and three bedroom apartments with dedicated maid’s rooms. …

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• 10 June

  Trump supports Saudi-led diplomatic isolation of Qatar

  

  Bloomberg President Donald Trump said he backed a Saudi Arabia-led movement to isolate Qatar over its funding of extremist groups, once again sending conflicting signals about the US stance in a dispute between American allies in the Gulf region. Qatar has historically “been a funder of terrorism at a very high level” and that has to stop, Trump said at …

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• 10 June

  US forces assist Philippine troops against militants

  Bloomberg US special forces are assisting Philippine troops in their operations against militants in the southern city of Marawi, the US embassy in Manila said in an emailed statement. The assistance helps military commanders in their fight against the militants and was offered at the request of the Philippine government, according to the statement, which didn’t give details of the …

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• 10 June

  Merkel expects Brexit to proceed as scheduled

  Bloomberg German Chancellor Angela Merkel said she’s ready to defend the interests of European Union members in Brexit negotiations and doesn’t see any reason for the process to be delayed by the results of the UK’s election. “We will try to defend the interests of our 27 members states, and Great Britain will defend its own interests,” Merkel said in …

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• 10 June

  Nordea wins concessions from Swedish govt after HQ threats

  

  Bloomberg Sweden unveiled a softer plan for filling the country’s bank resolution reserve following threats from Nordea Bank AB that it may shift its headquarters from Stockholm to a more accommodating regulatory environment. Sweden will keep a cap on the size of the resolution reserve, instead of allowing it to grow indefinitely, the Finance Ministry said. The government stuck to …

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• 10 June

  Former SocGen banker charged in insider case

  

  Bloomberg A former Societe Generale SA managing director was charged in a French insider-trading case linked to Air Liquide SA’s $13.2 billion takeover of Stephane Fima, a managing director who specialized in acquisition financing, was charged by an investigative judge following raids last year at the bank’s headquarters in the La Defense business district in western Paris. The criminal charges …

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