May, 2019

• 19 May

  UAE welcomes Saudi King’s call for emergency summits

  ABU DHABI / WAM The United Arab Emirates has welcomed the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud’s call to the leaders of the Gulf Co-operation Council (GCC) and other Arab League states for two emergency summits in Makkah on May 30, on the critical circumstances the region is going through and their consequences on ...

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• 19 May

  Jafza to waive $9.5m in fines

  

  DUBAI / Emirates Business Jebel Ali Free Zone (Jafza), the Middle East’s leading special economic zone and key growth engine of Dubai’s economy, announced it will waive an estimated AED 35 million ($9.53 million) in fines owed by its customers, in commemoration of the UAE Government’s designation of 2019 as the Year of Tolerance. Jafza’s decision to waive fines is ...

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• 19 May

  Emirates Steel launches ‘we give you smile’ drive

  Abu Dhabi / Emirates Business Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (Senaat), launched its fourth annual CSR initiative on the occasion of the Holy Month of Ramadan, titled ‘We Give You Smile’. As part of the company’s commitment to families and communities in the UAE, sixty volunteers from ...

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• 19 May

  RTA achieves electricity saving of 21.7GWh in ’18

  Dubai / WAM Roads and Transport Authority (RTA), achieved electricity saving as much as 21.7 Gigawatt Hours (GWh), in 2018, which is a reduction of 9,340 tonnes of carbon emissions through replacement of conventional HID lamps by LED lighting units. RTA adopted a plan for harnessing the LED lighting units following a 50 percent saving generated by trial projects undertaken ...

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• 19 May

  Etisalat announces 300% bonus on recharge cards

  

  Abu Dhabi / Emirates Business Ramadan is a month of spiritual reflection and a special time for family and friends to come together to strengthen their bonds. In keeping with the spirit of the holy month, Etisalat has introduced its Ramadan Bonus on Recharge promotion to enable its customers to spread joy, share Ramadan moments as and when they happen, ...

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• 19 May

  Gulf Navigation posts 19% revenue growth

  

  Dubai / Emirates Business Gulf Navigation Holding, the Dubai Financial Market listed maritime and shipping company, announced its financial results for the first quarter of 2019. During Q1 2019, the company achieved operating revenue of AED 45 million compared to AED 37.7 million during same period of 2018, a year-on-year increase of 19 percent. The company reported net loss of ...

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• 19 May

  UAE distributes over 80,000 iftar meals in Yemen

  YEMEN / WAM Since the start of the holy month of Ramadan, the UAE has distributed more than 80,000 Iftar meals in Yemen’s liberated governorates. A representative of the Emirates Red Crescent (ERC), in Yemen said that 15,000 Iftar meals were distributed in Aden; 2,000 in Lahej; 2,000 in Dhala; 2,000 Taiz; 2,000 in Abyan; 35,000 in the Red Sea ...

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• 19 May

  ECI, ADCB to help UAE businesses access digital, innovative solutions

  

  Dubai / WAM Etihad Credit Insurance has signed a Memorandum of Understanding with Abu Dhabi Commercial Bank (ADCB), to offer efficient customer service and innovative solutions that will help public institutions and local businesses raise their business profile thereby helping them cement their presence regionally as well as internationally. This alliance which focuses on encouraging and boosting UAE businesses by ...

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• 19 May

  Strata, Pilatus extend PC-24 partnership

  

  Al Ain / Emirates Business Strata Manufacturing (Strata), the advanced composite aero structures manufacturing company wholly-owned by Mubadala Investment Company PJSC, has extended its agreement with Pilatus Aircraft Ltd to cover a new composite work package for the PC-24, a twin-engine business jet. The new agreement will see Strata manufacture PC-24 flap track fairings and comes exactly a year after ...

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• 19 May

  UAE welcomes Saudi King Salman’s call for emergency summits

  Abu Dhabi / WAM The United Arab Emirates has welcomed the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud’s call to the leaders of the Gulf Co-operation Council (GCC) and other Arab League states for two emergency summits in Makkah on May 30, on the critical circumstances the region is going through and their consequences on ...

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