July, 2019

• 22 July

  Masdar closes financing for Saudi wind farm

  

  ABU DHABI / WAM The consortium consisting of EDF Renewables and Abu Dhabi Future Energy Company (Masdar) completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The Renewable Energy Project Development Office (REPD) of Saudi Ministry of Energy, Industry and Mineral Resources awarded $500 million Dumat Al ...

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• 22 July

  DLD launches Manzili initiative

  DUBAI / WAM Dubai Land Department (DLD) launched Manzili initiative with-in framework of a strategic partnership between public and pri- vate sectors to develop Dubai’s real estate market. Sultan Butti bin Mejren, Director-General of DLD said the initiative will have a positive effect on the real estate sector.

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• 22 July

  Oil lessens advance as UK seeks to ease Iran tensions

  Bloomberg Oil eased gains as traders digested conciliatory remarks by British authorities after Iran’s seizure of its oil tanker, amid heightened tensions in the region. Futures in New York added 2.2 percent before trading close to little changed. The UK demanded the immediate release of the Stena Impero, which was taken by Iran’s Revolutionary Guard Corps in the Strait of ...

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• 22 July

  Mohamed meets Xi Jinping in China

  

  BEIJING / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Xi Jinping, President of the People’s Republic of China, held formal talks on strengthening bilateral comprehensive strategic partnership as well as a nu-mber of regional and internati- onal issues of mutual interest. At the ...

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• 22 July

  UAE-China ties achieved progress over 35 years

  BEIJING / WAM Ahmed Ali Al Sayegh, Minister of State and Chairman of the Abu Dhabi Global Market, has said that the relations between the UAE and China have registered major accomplishments over 35 years in the areas of trade and investment. In an interview with the Emirates News Agency (WAM), he stressed that the visit of His Highness Sheikh ...

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• 22 July

  ADGM deepens relations with key Chinese enitites

  BEIJING / WAM The UAE and China have maintained a deep respect and support of each other for decades, said Ahmed Ali Al Sayegh, Minister of State and Chairman of Abu Dhabi Global Market (ADGM). Al Sayegh’s comments were made following the signing of four strategic agreements with key institutions in China to deepen financial collaborations and economic ties. His ...

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• 22 July

  Dubai’s DFSA joins network for greening financial system

  

  DUBAI / WAM The Dubai Financial Services Authority (DFSA) said that it is now a member of the Central Banks and Supervisors Network for Greening the Financial System (NGFS), becoming one of the first regulatory authorities in Middle East and North Africa region to join the NGFS. The NGFS is a group of Central Banks and Supervisors willing, on a ...

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• 22 July

  Adnoc inks strategic framework agreement with China’s CNOOC

  ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), on Monday signed a strategic framework agreement with China National Offshore Oil Corporation (CNOOC) to explore new opportunities for collaboration in both the upstream and downstream sectors as well as in liquefied natural gas (LNG). The exchange of the signed agreement was witnessed by His Highness Sheikh Mohamed bin ...

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• 22 July

  FAB named ‘world’s best bank for transformation’

  

  ABU DHABI / WAM First Abu Dhabi Bank (FAB) has been named ‘World’s Best Bank for Transformation’ at the Euromoney Awards for Excellence 2019, at the recent ceremony in London. This year’s awards demonstrated growing importance of UAE’s banks to global finance sector. FAB was given the award for best bank transformation after successfully merging, integrating, and enhancing its services ...

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• 22 July

  UAE launches single-letter domain name

  DUBAI / WAM The Government of the UAE has launched the new domain name of its official portal to become the first government domain in the world composed of a single letter (U), to facilitate the public access to information, services, projects, strategies and laws in the UAE. The new domain name, developed in cooperation between The Prime Minister’s Office ...

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