July, 2019

• 7 July

  Emirates Post issues new commemorative stamps

  Abu Dhabi / WAM Emirates Post, in cooperation with Mohammed bin Rashid Space Centre,MBRSC, celebrates the KhalifaSat with a commemorative stamp, which showcases the image of the satellite’s launch into outer space over the UAE. KhalifaSat is the first-ever Arab satellite engineered from scratch by a 100% Emirati engineering team, marking one of the greatest milestones for the UAE. KhalifaSat ...

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• 7 July

  AED10mn projects underway in Al Ain

  ABU DHABI / WAM Al Ain Municipality, and Abu Dhabi General Services Company, Musanada, have begun the construction of seven new parks and three sand playgrounds across four regions in Al Ain, namely Sweihan, Nahel, Al Shwaib and Al Faqa. The work, expected to be completed by October, spans an area of 12,100 square metres at a cost of approximately ...

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• 7 July

  UAE seeks to encourage growth of maritime sector

  

  ABU DHABI / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Transport Authority-Land and Maritime (FTA) highlighted the keenness of the UAE Government to provide incentives and adopt appropriate laws to encourage the growth of the country’s maritime sector, and keep pace with the country’s future goals. In his statement to ...

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• 7 July

  ERC launches health projects in Pakistan

  

  ABU DHABI / WAM The Emirates Red Crescent (ERC) launched several health projects in Pakistan, as part of its development initiatives for the ‘Year of Tolerance’. The projects include the restoration of the Kidney Treatment Centre in Khyber Teaching Hospital in Peshawar, which received ten kidney dialysis machines and other medical equipment, and the Institute of Kidney Diseases Hayatabad Peshawar, ...

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• 7 July

  Gender diversity in business, economy in Mideast discussed

  SHARJAH / WAM Pearl Initiative held a stakeholders’ meeting, in collaboration with Nama Women Advancement, to discuss data for research currently being undertaken within the Pearl Initiative’s Diversity in Business Leadership programme. The research includes an online survey that will be used to build a report entitled, “Women in the Economy: The Gulf Region Outlook”, to be published in December ...

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• 7 July

  Ajman, Umm Al Quwain to support tourism research

  AJMAN / WAM Ajman Tourism Development Department (ATDD) and Umm Al Qaiwain Tourism and Archaeology Department have signed a Memorandum of Understanding (MoU) to support tourism research. The MoU aims to promote coordination and cooperation on tourism projects and initiatives in the interest of exchanging experiences and applying best practices. It also aims to promote cooperation in terms of joint ...

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• 7 July

  Dubai Customs to boost trade ties with Saudi

  

  MOSCOW / WAM Dubai Customs has explored means to enhance cooperation with Saudi Arabia during a meeting between Director-General of the department Ahmed Mahboob Musabih and Abdul Hadi Mohammed Al-Shafi, the Saudi Consul-General in Dubai. The two discussed means of boosting cooperation between Saudi Arabia and Dubai especially in bilateral trade and customs business. “It’s very important for us to ...

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• 7 July

  ADCorp, Sands Capital partner to offer Shariah-compliant funds

  

  ABU DHABI / Emirates Business ADCorp Ltd, the ADGM-based Islamic financial institution, has announced a new partnership with Sands Capital Management LLC, a leading independent investment manager based in the US. The partnership will see the two institutions working together to offer Shariah-compliant portfolios and funds, with Sands Capital acting as an advisor on exclusive products for ADCorp’s clients. The ...

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• 7 July

  Daily cash limit of AED7000 for Vat refunds in UAE

  

  ABU DHABI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance and Chairman of the Federal Tax Authority (FTA), has issued FTA Decision No. (1) of 2019, setting a daily maximum of AED7,000 for cash refunds of value added tax (VAT) for tourists applying through the tax refunds for tourists scheme. In ...

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• 7 July

  Indonesia warns richest countries against making it dumping ground, to take action

  

  Bloomberg Indonesia said it will crack down on trash imported from the world’s richest countries after closer inspections showed it’s increasingly the recipient of toxic waste materials. Authorities at ports have boosted checks after a random inspection in May led to the discovery of more than 80 containers containing illegal waste from the US, Australia and Europe. One of Australia’s ...

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