April, 2019

• 21 April

  UAE stocks gain AED6.2 billion

  DUBAI / WAM UAE stocks maintained their upward movement and gained around AED6.2 billion in market cap at the end of the Sunday session, driven by a spree of selective purchases targeting blue chips and positive quarterly statements announced by the leading listed companies. Amidst the overall bullish sentiments, the general index of the Abu Dhabi Securities Exchange closed at ...

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• 21 April

  Listed Emirati firms distribute AED39bn in 2018 dividends

  

  Emirates Business To the tune of AED39 billion in cash dividends have been paid out by listed Emirati companies for their stockholders for the year 2018. The generous cash distributions, which earn the UAE companies the lead over other Middle East-based firms in terms of dividend payouts, are reflective of the high-yield stocks traded in the country’s two main bourses ...

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• 21 April

  UAE, Saudi provide $3bn in assistance to Sudan

  DUBAI / WAM The UAE and Saudi Arabia have announced a joint initiative to support the brotherly people of Sudan. The initiative will see the delivery of $3 billion in assistance to Sudan. The assistance bundle entails $500 million deposit into Sudan’s central bank to strengthen the country’s liquidity and monetary reserves. The remaining amount will be dedicated to support ...

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• 21 April

  UAE denounces terror attacks in Sri Lanka

  ABU DHABI / WAM The United Arab Emirates has condemned the terrorist bombings that targeted churches and hotels in Colombo, Sri Lanka. In a statement on Sunday, the Ministry of Foreign Affairs and International Cooperation (MoFAIC), said that the UAE affirmed its firm stance against all forms of violence, terrorism and extremism, targeting all without distinction between religion and race. ...

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• 21 April

  MBZ city’s ‘Z35 roads, infra works’ complete: Musanada

  

  Abu Dhabi / WAM Abu Dhabi General Services Company (Musanada), announced the completion of the ‘Z35 Roads and Infrastructure Project’ at Mohamed bin Zayed City. The project works, valued at AED280.7 million, included the construction of internal roads and infrastructure for residential plots, in collaboration with Abu Dhabi City Municipality (ADM), and abiding by the highest international standards and specifications. ...

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• 21 April

  766,000 customs transactions at Jebel Ali Centre

  DUBAI / WAM Jebel Ali Customs Centres carried out around 766,000 customs transactions and made 30 seizures during the first quarter of 2019. The strategic customs management, which performs all customs operations of Jebel Ali Port; the largest marine terminal in the Middle East and the flagship facility of DP World’s portfolio of over 65 marine terminals across six continents, ...

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• 21 April

  Adnec generates global momentum for Abu Dhabi boat show

  

  Abu Dhabi / Emirates Business To further enhance international participation for the upcoming edition of the Abu Dhabi International Boat Show (ADIBS 2019), the team at Abu Dhabi National Exhibitions Company (Adnec) participated in two key events in the international boat and fishing show calendar in Japan and the United States. ADIBS 2019 is set to run at the Abu ...

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• 21 April

  4,000 people visit Morocco in Abu Dhabi in three days

  

  Abu Dhabi / WAM “Morocco in Abu Dhabi 2019” has welcomed more than 4,000 visitors in the first three days of its opening at Abu Dhabi National Exhibition Centre. The event, which will run until April 30, entertains its fans with live activities in art, music, traditional handicrafts, culinary arts, and fashion, reflecting the rich and original Moroccan heritage. The ...

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• 21 April

  UAE committed to orphan care: Ajman Ruler

  Ajman / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, draws attention to the UAE’s efforts in supporting orphans. He spoke at length about orphan care in the UAE during his visit to the fourth Ajman Festival for Orphans. Drawing attention to the UAE leadership’s commitment to the orphan case and Islam’s teachings ...

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• 21 April

  New strategy to position UAE as a global leader in AI by 2031

  

  Abu Dhabi / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, adopted the National Artificial Intelligence Strategy 2031 during its meeting at the Presidential Palace in Abu Dhabi on Sunday. The Cabinet meeting was attended by His Highness Lt. General Sheikh Saif bin ...

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