September, 2019

• 24 September

  Gucci faces possible backlash for straitjackets at Milan show

  

  Bloomberg Kering SA’s Gucci faces a possible backlash for showing straitjackets, meant to make a statement about self-expression and not to be sold in stores, at Milan Fashion Week. Model Ayesha Tan Jones held up “Mental Health Is Not Fashion” on her hands on her way down the runway. She then posted on Instagram that straitjackets symbolise “a cruel time ...

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• 24 September

  Thomas Cook’s final adventure ends in liquidation

  

  Bloomberg When Thomas Cook Group Plc began dangerously hurtling toward collapse early last week, Transport Secretary Grant Shapps ordered up a contingency plan: Operation Matterhorn. The effort aimed to safeguard the return of UK tourists should the company indeed go under. But the massive undertaking also betrayed the thinking that had taken root in the Brexit-hardened cabinet: that the company ...

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• 23 September

  UAE-Saudi ties are cornerstone of regional stability, prosperity

  

  ABU DHABI / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the National Media Council, said that relations between the UAE and Saudi Arabia set an exemplary model for brotherly relations in the region, reinforced by the leadership of both countries. In a statement on the occasion of the 89th Saudi National Day, the ...

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• 23 September

  Mubadala inks agreement to invest AED1.84bn in Cologix

  

  ABU DHABI / WAM The Abu Dhabi-based global investment firm, Mubadala Investment Company, on Monday announced that it has signed an agreement to invest up to AED 1.84 billion ($500 million) in Cologix, the network-neutral interconnection and hyperscale edge data centre company, subject to various regulatory approvals. The transaction will provide significant investment for Cologix for growth in both the United ...

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• 23 September

  UAE top donor for Yemen: UN

  Abu Dhabi / WAM The United Arab Emirates is the largest donor for Yemeni people during the Humanitarian Response Plan from early 2019 through September 23, according to the United Nations Office for the Coordination of Humanitarian Affairs. The United Arab Emirate’s humanitarian assistance delivered to the brotherly people of Yemen, since 2015 through September 23 this year, amounted to ...

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• 23 September

  Abu Dhabi to sell $10bn bonds in three tranches

  

  ABU DHABI / WAM Abu Dhabi will sell $10 billion of bonds in a three-part debt deal in its first international offering in two years as it takes advantage of relatively low borrowing costs. The oil-rich emirate is offering $3 billion in five-year fixed notes, $3 billion notes due 2029 and $4 billion in 30-year notes, according to a person ...

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• 23 September

  38 Emirati N-reactor operators certified

  

  ABU DHABI / WAM The second group of 38 multinational Senior Reactor Operators (SROs), and Reactor Operators (ROs), of the Nawah Energy Company, have been officially certified by the Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator. The total number of qualified operators now reached 53, well above the 32 required to operate Unit 1 at the ...

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• 23 September

  DAE wins $1.4b investment mandate to manage aircraft

  

  DUBAI / WAM Dubai Aerospace Enterprise (DAE), on Monday announced that it had been mandated by one of the world’s largest fund managers to source and manage aircraft valued at approximately $1.4 billion. Dubai Aerospace Enterprise will acquire the assets, and its best-in-class Aircraft Investor Services (AIS), platform will manage the assets on behalf of the investor. The multi-year mandate will ...

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• 23 September

  Soyuz MS-15 spacecraft transported to launch site

  

  Dubai / WAM The Mohammed bin Rashid Space Centre (MBRSC) has confirmed the installation of the Soyuz FG on the Baikonur Cosmodrome Launch Pad No. 1, in Kazakhstan, in preparation for the September 25 mission. The Soyuz FG will carry the Soyuz MS-15 spacecraft, in which Hazzaa Al Mansoori, the first Emirati astronaut, will be launched to the International Space Station. ...

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• 23 September

  ‘Astronaut Hazza carrying hopes of Emirati people’

  Abu Dhabi / WAM Emirati astronaut Hazza Al Mansouri is carrying the hopes of the nation on his shoulders, said Dr. Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills and Chairman of the UAE Space Agency. The historic mission of Al Mansouri, who is the first Emirati astronaut to travel to the ...

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