May, 2019

• 25 May

  Khalifa Fund’s support model for entrepreneurs and SMEs lauded

  ABU DHABI / Emirates Business HE Hussain Jasim Al Nowais, Chairman of Khalifa Fund Enterprise Development (KFED) received a delegation from the Republic of Mali headed by HE Dr Boubou Cisse, Prime Minister of Mali at the Khalifa Fund headquarters in Abu Dhabi to explore and learn more about the fund’s experiences in initiating the culture of leadership among UAE ...

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• 25 May

  Oil dips to worst weekly loss of year as trade war lingers

  

  Bloomberg Oil limped to its worst weekly loss of the year as tensions lingered over how the trade feud between the world’s top economic super powers will hit demand. Futures in New York rebounded somewhat but still ended the week down 6.6 percent, the biggest decline since late December, after days of escalating rhetoric between China and the US. Chinese ...

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• 25 May

  Oil and gas is intrinsic to industry 4.0: Adnoc CEO

  

  ABU DHABI / WAM Adnoc is absorbing, embedding and applying cutting edge technology at every step of the production process from oil platforms to trading platforms, says Dr Sultan Al Jaber, CEO of Adnoc Group. “‘As we enter the Fourth Industrial Age, it is clear that this is an era defined by a transformation, not just of technology, but of ...

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• 25 May

  Trump’s Huawei ban could backfire on US technology

  

  Bloomberg The Trump administration widened its dragnet on Chinese companies barred from selling to the US or buying components from American firms in a push to slow China’s technological advances. After crippling Huawei Technologies Co, the administration followed up by threatening to cut off US compone- nts or software to five Chinese video surveillance firms. But the plan might backfire, ...

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• 25 May

  Saudi German Hospitals Group, Sharjah and Ajman offer free surgeries for needy people

  

  Sharjah / Emirates Business Saudi German Hospitals Group, Sharjah and Ajman announced that it offers free surgeries for the people who cannot afford the healthcare services in the UAE. This is in line with the group’s corporate social responsibility initiative. ‘The group believes that access to the quality healthcare is the birth right of every citizen in the world and ...

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• 25 May

  New Dubai-Sharjah road to open next month: RTA

  DUBAI / WAM The Roads and Transport Authority (RTA), had completed 90 percent of the Tripoli Street Improvement Project and expects to throw it open to the public by June this year. The 12-km street, which links Sheikh Mohamed bin Zayed Road and Emirates Road runs parallel to Airport Street Improvement Project. The project was implemented on the directives of ...

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• 25 May

  UAE provides integrated support system for Emirati senior citizens

  

  ABU DHABI / WAM The UAE government provides Emirati senior citizens support and care that ensures for them a decent life and maintains their dignity in society while benefitting from their significant expertise and knowledge in sustainable development. The federal and local governments provide assistance in cash and kind to senior citizens. For example, the assistance provided by the Ministry ...

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• 25 May

  Khalifa Fund feeds 24,000 families in Gaza

  

  GAZA / WAM The Khalifa bin Zayed Foundation (KF), launched its Ramadan food assistance programme in the Gaza Strip as part of the annual Iftar project. A KF source said some 24,000 underprivileged families would benefit from the first phase of the Ramadan humanitarian programme which covers all governorates in Gaza. Distribution of food baskets is being conducted in coordination ...

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• 25 May

  Dewa CEO reviews progress on Innovation Centre project

  

  DUBAI / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (Dewa), visited the Innovation Centre project, part of the Mohammed bin Rashid Al Maktoum Solar Park, to review the progress of Dewa’s strategic projects. The solar park is the largest single-site solar park in the world based on the Independent Power Producer (IPP), ...

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• 25 May

  Jafza, Dubai Chamber team up to enhance business

  

  Dubai / Emirates Business Jebel Ali Free Zone (Jafza), the Middle East’s leading economic zone, and Dubai Chamber of Commerce and Industry have taken a major step forward in promoting ease of doing business in Dubai by introducing a new system that allows Jafza customers to obtain a Dubai Chamber Membership Certificate through its Dubai Trade portal. The integration of ...

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