August, 2019

• 17 August

  Dubai welcomes 8.36 mn tourists in first half of 2019

  

  DUBAI / WAM Dubai welcomed 8.36 million international overnight visitors in the first six months (January-June) of 2019, posting a positive three percent in tourism volume growth compared to the same period last year, according to the latest data released by Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism. The new figure reinforces the continued strength of Dubai’s tourism ...

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• 17 August

  Adihex 2019 to feature major public events

  

  ABU DHABI / Emirates Business The Higher Organizing Committee of the 17th Edition of the Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) announced event features that are offered for the first time at the event including several recreational and cultural activities for families to enjoy. The exhibition is held under the patronage of HH Sheikh Hamdan bin Zayed Al ...

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• 17 August

  Expo 2020 Dubai to receive the world in 430 days

  

  DUBAI / WAM In 430 days, the world will witness a key international event, the Expo 2020 Dubai, which will be a cultural platform for gathering countries for 173 days in one place, to showcase their cultures, heritage and histories to 25 million potential visitors. Participating countries are looking forward to the event, where intellectuals will meet to shape the ...

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• 17 August

  Al Qudra-Lehbab roads intersection 65% complete

  

  DUBAI / WAM The Roads and Transport Authority (RTA) confirmed that 65 percent of construction work of the Al Qudra-Lehbab Roads Intersection Project had been completed. The project upgrades the junction from intersecting roads into a flyover enabling free traffic in all directions. “Lehbab Road is a key traffic corridor offering an alternative link to Expo Road, Jafza and Abu ...

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• 17 August

  Dubai Customs foils bid to smuggle AED25m narcotics

  

  DUBAI / WAM An attempt to smuggle 251.2 kg of crystal meth and 6.4 kg of heroin, with an estimated market value of AED25 million has been foiled by a joint team of the Customs Intelligence Department and Jebel Ali Customs Centre in Dubai The operation was nicknamed “Gear Box” – the illegal drugs were concealed inside used vehicle spare ...

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• 17 August

  DED issues 14,737 new licences in H1

  

  DUBAI / WAM The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) Dubai, issued 14,737 new licences during the first half of 2019 as the emirate continued to enhance its appeal as a destination for sustainable business growth. Among the new licences, 52 percent were commercial (7,648), 45 percent professional (6,722), two percent tourism (262), ...

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• 17 August

  FTA launches new electronic system to register excise goods

  

  ABU DHABI / WAM The Federal Tax Authority (FTA) has launched a new electronic system for registering excise goods as part of its plans to continuously develop the tax system as a whole, and excise tax procedures, in particular. In a press statement issued on Saturday, the authority explained that the new system offers accurate and transparent procedures for registering ...

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• 17 August

  Dewa releases 6th sustainability report

  

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa), has issued its 6th annual Sustainability Report, summarising Dewa’s efforts to promote social and economic sustainability as well as provide a sustainable model for energy and water. The report focusses on ways to support economic growth without damaging the environment, and highlights Dewa’s achievements in sustainability, according to a Dewa press ...

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• 17 August

  Thailand unveils $10b stimulus package to ease trade war pain

  

  Bloomberg Thailand plans a 316-billion-baht ($10.2 billion) package of government spending and loans to counter an economic slowdown caused by the US-China trade war and currency strength. The package includes help for farmers and people on low incomes, as well as initiatives to bolster consumer spending and investment, Finance Minister Uttama Savanayana said in a briefing in Bangkok. The proposal ...

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• 17 August

  China steps up buying soybean from Brazil

  

  Bloomberg China is stepping up its soybean buying in Brazil as growers in Argentina continue to hoard and the Asian nation avoids American oilseed after an escalation in trade tensions between Washington and Beijing. Private and state-owned companies bought 25 to 30 cargoes of soy from Brazil this week through, according to people familiar with the matter, who asked not ...

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