January, 2017

• 1 January

  Denizens of Kalahari

  

    DPA We are not alone. Fluffy, sharp-featured little creatures scamper inquisitively over the red sand towards us. The meerkats are awake. The sun shoots its fiery rays into the cold morning air, as we stand sleepily on the edge of the Kgalagadi Transfrontier National Park in northern South Africa, near the border with Botswana. “Watch out for your ankles,” …

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• 1 January

  Cashing in on water crisis!

  

    Bulawayo / AFP From jobless youths hired to dig wells to illegal sellers supplying water in buckets and large tanks, some enterprising Zimbabweans are cashing in on the country’s desperate water shortages. Zimbabwe’s long-standing water supply problems have been worsened by a severe drought ravaging the southern African region. Taps in large parts of the country run dry for …

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December, 2016

• 29 December

  Foreigners buy shares worth AED1bn on DFM

  

    DUBAI / WAM Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, this week reached about AED1.016 billion, while value of stocks they sold stood at AED1 billion, with net foreign investment on the market reaching AED15.4 million during the period, as aggregate buy. Value of shares bought by foreigner investors …

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• 29 December

  DP World ups stake in Korean port

    Dubai / AFP Dubai-based port operator DP World said on Thursday it has acquired an additional 23.94 percent stake in South Korea’s Pusan NewPort Company, giving it a majority shareholding. The purchase from Samsung Corporation brings to 66.03 percent DP World’s stake in PNC, which operates the largest terminal at the port of Pusan, the company said in a …

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• 29 December

  MoF, Kuwait team discuss risk management, internal auditing

  

    DUBAI / WAM In a bid to strengthen its network of relations with various stakeholders and regional and international entities, the Ministry of Finance (MoF) received a delegation from Kuwait Capital Markets Authority on its premises in Dubai. The visit aimed to review the ministry’s experience in risk management and internal audit in government financial work. Faisal Al Mansouri, …

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• 29 December

  Saudi, Yemen discuss electricity networks between two countries

    RIYADH / WAM Saudi Minister of Energy, Industry and Mineral Resources, Khalid bin Abdulaziz Al-Faleh, met Yemeni Minister of Electricity and Energy, Abdullah Al-Akwa’, and his accompanying delegation. According to the Saudi Press Agency, SPA, the meeting touched on means of boosting bilateral cooperation between Saudi Arabia and Yemen, and the mechanism for the implementation of bilateral connection between …

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• 29 December

  Twofour54-ADFD deal to boost sustainable development

  ABU DHABI / WAM Twofour54, the commercial arm of Abu Dhabi’s Media Zone Authority, and Abu Dhabi Fund for Development (ADFD), the national organisation owned by the Abu Dhabi government, have signed a memorandum of understanding (MoU) to promote their co-operation, exchange of information and media expertise. Under the agreement, the fund will receive technical support for its services and its …

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• 29 December

  Azizi Developments to launch 50 new projects in Dubai next year

  

    Dubai / Emirates Business Azizi Developments – a leading UAE-based real estate developer with global reach into international markets – met with the Dubai Land Department on Thursday, following their recent announcement of 50 new projects for the coming year. The developer discussed Dubai’s economic situation, the current market conditions and predictions for the upcoming year as well as …

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• 29 December

  Sheikh Zayed Heritage Festival extended

  

    Abu Dhabi / WAM The Organising Committee of Sheikh Zayed Heritage Festival has extended the festival’s activities for three more weeks to celebrate its remarkable success and notable public turnout. The event started on December 1 and will run till New Year’s Day, 2017, in Al Wathba, Abu Dhabi, under the theme “The UAE a crossroads of civilisation.” The announcement …

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• 29 December

  DSOA evaluates emergency readiness, response time

    Dubai / WAM Dubai Silicon Oasis Authority (DSOA), the regulatory body of Dubai Silicon Oasis, DSO, the integrated free zone technology park, has organised two fire drills for the seventh consecutive year. Arranged in collaboration with Dubai Civil Defence, Dubai Police, and Dubai Corporation for Ambulance Services, the exercises took place on two separate days. Conducted at the DSOA headquarters …

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