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Dubai / WAM Dubai Municipality entered the Guinness Book of World Records for completing the largest 3D printed two-storey structure in the world, with a height of 9.5 metres, spanning a total area of 640 square metres. This latest accomplishment is in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister ...
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October, 2019
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23 October
ECI, ADGM partner to develop UAE’s non-oil business sectors
ABU DUBAI / WAM Etihad Credit Insurance (ECI), signed a Memorandum of Understanding with Abu Dhabi Global Market (ADGM), to promote and sustain an effective financial ecosystem and provide an advantageous business environment that nurtures collaboration and international competitiveness of UAE businesses. Signed during FinTech Abu Dhabi, this agreement will enable the two institutions to support the development of numerous ...
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23 October
Wetex 2019 features Sharjah Sustainable City
Dubai / WAM Dubai Electricity and Water Authority (Dewa), announced that Sharjah Sustainable City is one of the leading environmental projects participating in the 21st Water, Energy, Technology and Environment Exhibition (Wetex 2019.) Sharjah Sustainable City is the first project in emirate that meets the highest standards of green economy and environmental sustainability. It is the outcome of a strategic partnership ...
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23 October
NBF 9-month profit rises 10.7% to AED511.6mn
Fujairah / WAM The National Bank of Fujairah (NBF), announced a net profit of AED511.6 million for the period ended September 30, an increase of 10.7 percent over the corresponding period of 2018. According to a press release issued by NBF on Wednesday, the Bank also achieved strong operating profit of AED862.3 million which increased by 7.2 percent compared to ...
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23 October
Trump tied Ukraine aid to probing Biden, says envoy
Bloomberg The top US envoy to Ukraine testified that a senior diplomat told him in early September that President Donald Trump made US security aid to Ukraine entirely dependent on a public promise to investigate former Vice President Joe Biden and the 2016 election. Acting Ambassador to Ukraine William Taylor also quoted senior diplomat Gordon Sondland as saying Trump wanted ...
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23 October
‘US security bloc to keep China in proper place’
Bloomberg US Secretary of State Michael Pompeo has said efforts to revive the Indo-Pacific security grouping known as the Quad will help the Washington contain China’s rise. “We’ve reconvened ‘the Quad’ — the security talks between Japan, Australia, India and the United States that had been dormant for nine years,†Pompeo said in a speech to the conservative Heritage Foundation ...
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23 October
Russia sends nuclear bomber to South Africa
Bloomberg Russia on Wednesday landed the world’s biggest military aircraft in South Africa, the Tupolev Tu-160 ‘Blackjack’ bomber, in a rare display of cooperation between the defense forces of the two countries. The two bombers, which are capable of launching nuclear missiles, are the first to ever land in Africa and were escorted by fighter jets from the South African ...
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23 October
China drawing up plan to replace Hong Kong’s Lam
Bloomberg The Chinese government is drafting a plan to replace Hong Kong’s Carrie Lam with an “interim†chief executive, the Financial Times reported, citing unidentified people briefed on the deliberations. Lam’s successor would be installed by March, covering the remainder of her term should Chinese President Xi Jinping decide to carry out the plan, the paper cited the people as ...
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23 October
Johnson eyes election as Brexit gambit fizzles
Bloomberg Boris Johnson looked set to try for an election after Parliament blocked his plan to rush his Brexit deal into UK law. A day of threats and promises from Johnson ended with an official in his office warning that if the EU agreed to a request from the British Parliament that Brexit be delayed until January 31, then the ...
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23 October
Merkel’s successor splits coalition with Syria plan
Bloomberg Chancellor Angela Merkel’s designated successor is causing trouble in Berlin with her efforts to assert authority. Annegret Kramp-Karrenbauer has been undermined by a series of errors since she was chosen to follow Merkel as leader of the Christian Democratic Union last year. Just two months after also taking the job as defense minister, she sprang a proposal for an ...
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