December, 2019

• 15 December

  India’s Madhya Pradesh state to develop economic ties with Gulf

  

  NEW DELHI / WAM The Indian state of Madhya Pradesh has announced plans for developing economic relations with the Arabian Gulf countries. The state government will organise a ‘Mini-Investors’ Meet’ next year in the state capital Bhopal, which will be exclusively focused on enhancing investment ties with the Gulf. This was announced in a report on the outcome of the ...

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• 15 December

  Empower pilots world’s first unmanned cooling plant

  

  Dubai / WAM Emirates Central Cooling Systems Corporation (Empower), announced pilot operation of the world’s first unmanned cooling plant at Jumeirah Village Circle in Dubai, with a total cooling capacity of 50,000 Refrigeration Tonnes (RT). Empower explained that the highest international standards have been maintained in the construction and building design of the new plant, as it took into account ...

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• 15 December

  Al Zeyoudi to lead UAE delegation to China

  

  Dubai / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, will preside over a UAE delegation on an official visit to China that aims to diversify and strengthen environmental cooperation between the two countries. Scheduled to run from December 18-21, the agenda will feature multiple high-level meetings with Chinese officials to explore best practices and ...

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• 15 December

  Deal signed to creatively enrich urban environment of Dubai

  

  Dubai / WAM Brand Dubai, the creative arm of the Government of Dubai Media Office, on Sunday signed a Memorandum of Understanding (MoU), with Dubai Municipality to undertake beautification projects across Dubai to enrich the city’s urban landscape. The collaboration supports the shared strategy of both organisations to enhance the aesthetic ambience of the city and transform key neighbourhoods into ...

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• 15 December

  ADFD contributes $10m for Samandini Dam in Burkina Faso

  

  Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD), has contributed $10 million (AED36.7 million) towards the development of the Samandini Dam in Burkina Faso. Supporting the country’s strategic objectives, the funded project is part of the Samandini Basin Development Programme that aims to promote sustainable growth in rural areas and improve living conditions through boosting the agricultural ...

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• 15 December

  Johnson’s big win threatens to disunite the kingdom

  

  Bloomberg Boris Johnson’s sweeping election victory is a very English revolution. The prime minister trounced his biggest opponent by luring traditional Labour Party voting heartlands in northern England to his Conservatives for the first time in generations, in some cases ever. Voters clearly rejected Labour leader Jeremy Corbyn’s throwback socialist agenda, but they just as clearly rallied to Johnson’s pledge ...

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• 15 December

  Malaysia’s Mahathir shows no sign of handover of power, choice of successor

  

  Bloomberg Malaysia Prime Minister Mahathir Mohamad said he’ll step down only after resolving problems inherited by the previous administration, raising questions about a handover in power that’s expected to take place before mid-2020. The 94-year-old leader didn’t give a definitive time frame on when he’ll step down or whom his top choice would be. He has previously said he’ll hand ...

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• 15 December

  Thai opposition party plans more protests

  Bloomberg Thailand’s highest-profile opposition party warned of more demonstrations after drawing thousands of people to an anti-government rally that also protested the prospect of its looming dissolution. The crowd assembled on an elevated walkway in a Bangkok shopping district three days after the Election Commission said it will petition a court to break up Future Forward for breaching financing rules, ...

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• 15 December

  North Korea conducts ‘crucial test’ to boost its nuclear deterrent

  

  Bloomberg North Korea said it successfully conducted a “crucial” test at a long-range projectile launch site and had boosted its nuclear-deterrent capabilities. It didn’t provide any details about the exercise. The news follows a North Korean announcement last week that it held a “very important test,” without elaborating. South Korea’s military believes the North tested an engine for its ballistic ...

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• 15 December

  UK vote marks new era for stock market that lost $100b

  

  Bloomberg Boris Johnson’s decisive victory may prove to be a turning point not just for the UK but for the entire scorned European stock market. The Conservative Party’s win filled investors with optimism that a major political risk related to Brexit will soon be removed, sending the European equity benchmark near a record high. Goldman Sachs Group Inc lifted its ...

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