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Bloomberg Stocks and bonds were steady across much of the world alongside US equity futures with trading muted on Christmas Eve. Treasuries nudged higher with the dollar. Shares fluctuated in London and Paris, while they edged lower in Madrid. Markets in Germany and other parts of Europe were closed. Equities ended little changed in Tokyo and Sydney on thin volume, ...
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December, 2019
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24 December
World’s top-rated power stock recovers from 10-month low
Bloomberg NTPC Ltd is the world’s most-loved power producer by equity analysts, and yet the shares of India’s largest utility are trading near a 10-month low. What gives? The New Delhi-based company is the top rated stock among the world’s largest utilities, with a recommendation consensus of 4.9 on a Bloomberg scale where 5 is a unanimous buy. Analysts expect ...
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24 December
Abu Dhabi to dazzle with spectacular New Year celebrations
ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi, DCT – Abu Dhabi, announced a dazzling array of celebrations taking place in the UAE capital this New Year’s Eve. The calendar of events ringing in 2020 includes Resolution, a two-day festival featuring a highly anticipated headline concert by global megastar Bruno Mars, performances by acclaimed Arab ...
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24 December
MBRU’s ‘values council’ to raise workplace motivation
DUBAI / WAM The Mohammed bin Rashid University of Medicine and Health Sciences (MBRU), announced the formation of a Values Council, which will drive the values agenda of the University and ensure the MBRU family – students and faculty, live and act the MBRU values daily, and work with a heart for service. The Council, a first for any institute ...
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24 December
Emirates NBD named ‘Bank of the Year – UAE’
DUBAI / WAM Emirates NBD on Tuesday announced that it has been awarded the ‘Bank of the Year – UAE 2019’ award by Financial Times’ monthly publication, The Banker, in recognition of its robust financial performance and pioneering approach to innovation in digital banking. In awarding the top UAE title to Emirates NBD, The Banker stated that “the judges were ...
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24 December
New phase of Dubai’s Happiness Agenda launched
Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched a new phase of Dubai’s Happiness Agenda. Under the new phase, a Happiness Champion working in customer-oriented services will now be referred to as a ‘Smart City Experience Specialist’ while a Champion working in Human Resources-oriented ...
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24 December
Ministry announces plans to promote SME sector in 2020
Abu Dhabi / WAM The National Programme for Small and Medium Enterprises of the Ministry of Economy, the executive arm of the UAE SME Council, announced its plan to support and stimulate the country’s SME sector and promote entrepreneurship during the year 2020, encompassing specialised training programmes and courses for entrepreneurs, establishing a link with the European Business Network, etc. ...
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24 December
DLD meetings in London promote Dubai’s realty sector
Dubai / WAM As part of its keenness to communicate with its global partners, and establish cooperation relations with them to promote and develop Dubai’s real estate sector, the Dubai Land Department (DLD), through its Registration and Real Estate Services sector, toured London, during which it held seven benchmark meetings with its most prominent partners across several fields. Majid Al ...
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24 December
Abu Dhabi Ports set to close a record-breaking 2019
Abu Dhabi / Emirates Business Abu Dhabi Ports is on-pace to close 2019 with impressive year-to-date results and recording-breaking milestones, underlining the company’s continued contribution to the UAE’s non-oil GDP. Two of these milestones were achieved in the eleven months spanning from January to November 2019. During the period, the company handled more than 20 million tonnes of general cargo ...
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24 December
Thai government deepens crackdown on opposition
Bloomberg The looming dissolution of Thailand’s highest-profile opposition party is set to strengthen the military-backed government’s grip on power as authorities signal their next move against the movement’s popular leader. The Future Forward party of Thanathorn Juangroongruangkit, the third-largest in parliament, faces a trial as early as January for funding violations that it denies. Separately, Thanathorn and one other party ...
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