October, 2019

• 23 October

  Dubai is making rapid strides to bolster its green economy

  

  Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that the emirate is making rapid strides to strengthen its green economy and enhance sustainable development as per international best practices in clean and renewable energy adoption. His Highness said that Dubai has achieved considerable success in ...

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• 23 October

  IIT launches World Tolerance Network, Tolerance Decathlon

  Dubai / WAM The International Institute for Tolerance (IIT,) under the Mohammed bin Rashid Al Maktoum Global Initiatives, launched the World Tolerance Network (WTN), and Tolerance Decathlon, as part of its 2019-2022 strategic plan to strengthen UAE’s efforts to promote global peace and stability. The two initiatives were launched at a press conference held at IIT’s headquarters to foster a culture of ...

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• 23 October

  Eshraq posts AED7.5m profit in nine months

  

  Abu Dhabi / Emirates Business Eshraq Investments PJSC (Eshraq), the Abu Dhabi based investment company listed on Abu Dhabi Securities Exchange (ADX), reported a net profit of AED 7.5 million for the 9-month period ended September 30, achieving another profitable quarter. Eshraq’s diversification plans continued to pay off with each of its business divisions recording profitability during the nine-month period. ...

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• 23 October

  Dubai unveils world’s largest 3D printed 2-storey building

  

  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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• 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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