June, 2019

• 22 June

  Gold records biggest weekly gain in 3 years

  Bloomberg Call it the trifecta that gave rocket fuel to the gold market: Powell, positioning and politics. Gold ended the week trading near $1,400 and recorded bigg-est weekly gain in three years. It was Jerome Powell’s signal that Federal Reserve is moving closer to lowering interest rates and a brewing conflict between Iran and the US that lit a spark ...

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• 22 June

  Tilal City named ‘Best Infrastructure Project’

  

  Sharjah / WAM Tilal Properties, a developer of residential complexes and freehold projects in the Emirate of Sharjah, has been honoured with the “Best Infrastructure Project” Award for its project ‘Tilal City’, by the Arabian Business magazine. Located on Emirates Road (E611) with Sharjah International Airport just 10km away and the border of Dubai within 2km, Tilal City is the ...

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• 22 June

  Damac launches luxury homes in Business Bay

  

  Dubai / Emirates Business Damac Properties announced the launch of its new project, ‘Zada’, in Dubai’s Business Bay area. Priced at AED 699,999, the exquisitely designed one-bedroom apartments offer views of the iconic Dubai Canal. The official launch will take place on June 29, and Damac is offering prospective buyers a chance to pay for the property in monthly instalments ...

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• 22 June

  Etihad Airways suspends operations over Strait of Hormuz, Gulf of Oman

  

  ABU DHABI / WAM Etihad Airways has announced its suspending operations through Iranian airspace over the Strait of Hormuz and the Gulf of Oman. In a statement, the national airline of the UAE said, “Following the decision of the US Federal Aviation Administration to restrict US airline operations in Iranian-controlled airspace, Etihad Airways consulted closely with the UAE General Civil ...

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• 22 June

  Souq Al Jubail launches dates fest in Sharjah

  

  Sharjah / WAM Souq Al Jubail, which hosts the largest fresh produce market in Sharjah, has announced the launch of its annual Dates Festival. The event, which will continue until the end of August, provides shoppers and visitors with an opportunity to choose from a wide variety of imported fresh dates. A variety of date farmers and traders hailing from ...

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• 22 June

  30 firms take part in DFA programme

  DUBAI / WAM Dubai Future Foundation has announced the launch of the 6th cohort of Dubai Future Accelerators (DFA), programme, with some 30 local and global companies working closely with the government entities in Dubai. Organisations taking part in the 6th cohort hail from 15 countries, including six companies from the UAE, five from the United Kingdom, three from the ...

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• 22 June

  Khalifa Fund extends support to Emirati entrepreneurs, SMEs

  

  Abu Dhabi / WAM The Khalifa Fund for Enterprise Development (KFED), has awarded the Emirati Entrepreneurs Association (EEA), with a package of quality support programmes, including financial and technical support. The package will be used to support Emirati entrepreneurs’ skills and capacity development and creation of a suitable environment where their business projects could flourish. Commenting on the announcement, Mouza ...

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• 22 June

  UAE provides women with excellent employment opportunities

  

  Dubai / WAM Hessa bint Essa Buhumaid, Minister of Community Development headed the UAE delegation in the ministerial meeting about Women Empowerment at the Organisation of Islamic Cooperation (OIC) in Cairo, Egypt. During the meeting, she emphasized that women empowerment in their community is one of the main conditions that contributed to the achievement of sustainable development and gender equality, ...

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• 22 June

  Sheikha Fatima Arabic learning centre opens at KBZS in Nur-Sultan

  NUR-SULTAN / WAM Mohammed Haji Al Khouri, Director-General of Khalifa Foundation, on Saturday, opened the Sheikha Fatima bint Mubarak Arabic learning centre at the Sheikh Khalifa bin Zayed School (KBZS), in the Kazakh capital Nur-Sultan. The opening ceremony was attended by Mohammed Ahmed bin Sultan Al Jaber, UAE Ambassador to Kazakhstan, senior Kazakh officials and members of the UAE mission in ...

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• 22 June

  ERC hosts mass wedding for 100 couples in Yemen

  Mocha / WAM The Emirates Red Crescent (ERC), organised second group wedding in Yemen as part of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the follow up of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra ...

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