June, 2019

• 10 June

  Khalifa confers Order of Independence on Pakistan Ambassador

  

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has conferred the Order of Independence, First Class, on the Moazzam Ahmad Khan, Ambassador of Pakistan to the UAE, in recognition of his efforts during his tenure, towards the development and strengthening of friendly relations and cooperation between the two countries across all fields. His Highness Sheikh ...

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• 10 June

  UAE welcomes efforts to defuse tension in region, says Abdullah

  Abu Dhabi / WAM The UAE welcomes any efforts to defuse tension in the region and looks forward to see a calm, stable, developed and forward looking Middle East in the future, said HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. Sheikh Abdullah made the remarks during a joint press conference with Heiko Maas, ...

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• 10 June

  Dubai to organise 21st edition of Wetex in Oct

  Dubai / WAM Dubai Electricity and Water Authority (Dewa), is organising the 21st Water, Energy, Technology, and Environment Exhibition (Wetex), which will be held from October 21-23, at the Dubai International Convention and Exhibition Centre. The exhibition is held under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dewa. For ...

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• 10 June

  Dubai FDI set to embark on investment mission to China

  

  Dubai / WAM Dubai FDI, the investment development agency of Dubai Economy, is set to embark on its latest investment mission to major cities in China as part of its strategic efforts to support the global infrastructure programme of the Belt and Road initiative. The agency will lead a delegation of government and business leaders to take part in the ...

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• 10 June

  Etihad launches AI platform to promote intrapreneurship

  

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, and Swae, an award-winning startup based in Vancouver, have partnered to launch iFikra, an artificial intelligence-powered platform aimed at unlocking the full potential of Etihad’s workforce by enabling every employee to contribute to innovation. Designed to harness the collective creativity of the organisation, the iFikra platform is ...

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• 10 June

  Plastic-trash crisis puts oil firms’ lifeline at risk

  

  Bloomberg As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future. Now even that’s looking overly optimistic. The global crackdown on plastic trash threatens to take a big chunk out of demand growth just as oil companies sink billions into plastic and chemicals assets. Royal Dutch Shell ...

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• 10 June

  S Africa sued over air pollution from Eskom and Sasol

  

  Bloomberg South Africa’s government is being sued for failing to crack down on some of the world’s worst air pollution emitted by power plants operated by Eskom Holdings SOC Ltd. and refineries owned by Sasol Ltd. The case was filed in the Pretoria High Court by groundWork, an environmental-rights organisation, and the Vukani Environmental Justice Movement in Action, according to ...

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• 10 June

  Citi: Russia may be testing US gas nerve with Europe push

  

  Bloomberg Russia’s strong natural gas shipments to Europe may be an attempt to test the resilience of US exporters, according to Citigroup Inc. Shipments this year from Russia have helped boost European gas storage to near full capacity and exace- rbated the regio- n’s oversupply, the bank’s analysts including Ed Morse wrote in a June 9 report. One motivation for ...

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• 10 June

  China exporters dodge US tariffs with fake made-in-Vietnam tags

  

  Bloomberg Some Chinese exporters are going to extreme lengths to avoid the hit from Donald Trump’s tariffs. Vietnam said that it found dozens of fake product-origin certificates and illegal transfers by companies trying to sidestep US tariffs on everything from agriculture to textiles and steel. It was one of the first times an Asian government has publicly alleged such misbehaviour ...

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• 10 June

  Alibaba picks CICC, Credit Suisse to lead Hong Kong offer

  

  Bloomberg Chinese internet giant Alibaba Group Holding Ltd has picked China International Capital Corp (CICC) and Credit Suisse Group AG to lead a planned Hong Kong share sale, people familiar with the matter said. The online retailer is in discussions with other investment banks seeking a role on the offering, according to the people, who asked not to be identified ...

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