May, 2019

• 4 May

  Oil advances on US jobs report

  Bloomberg Oil eked out a gain as a forecast-topping US jobs report signalled a strong domestic economy to go along with the supply disruptions squeezing global crude markets. Futures in New York rose 0.2 percent, after unemployment unexpectedly fell to a 49-year low in world’s biggest econ- omy, with cooler-than-projected wage gains. Crude nonetheless recorded a loss for the week ...

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• 4 May

  Singapore’s Hyflux in talks with Utico to secure $294mn funds

  

  Bloomberg Singapore’s Hyflux Ltd, the water and power company battling for survival, said it is in talks with Middle Eastern utility Utico FZC about securing S$400 million ($294 million) of funds, disclosing the identity of the potential investor after receiving a non-binding letter of intent. Hyflux’s legal and financial advisers are in discussions with Utico on the details of the ...

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• 4 May

  ‘Adnoc academy’ welcomes 300 Emirati students

  Abu Dhabi / Emirates Business The Abu Dhabi National Oil Company (Adnoc) announced on Saturday, that more than 300 young Emiratis have expressed interest in working for the company during Adnoc Technical Academy’s (ATA) 2nd annual ‘Open Day’, where the prospective students and their families learned how ATA’s training program is equipping its students with the skills and tools needed ...

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• 4 May

  Hana Al Awadhi appointed as Emirates Group VP HR

  

  DUBAI / Emirates Business The Emirates Group announced the appointment of Hana Al Awadhi as Vice President HR, overseeing dnata’s HR Business partnership at dnata Airport Operations in Dubai and accross the world. Hana started her career with Emirates in 2006 as a Human Resources Specialist in HR Business Support department, supporting Emirates Airport Services. Since then, she has progressed ...

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• 4 May

  Azure launches waterfront apartments on Reem Island

  

  Abu Dhabi / Emirates Business Masaood Developments LLC part of the leading Abu Dhabi family-operated Al Masaood Group, announced the launch of a game-changing waterfront apartment complex on Al Reem Island, Abu Dhabi. Azure Al Reem introduces the concept of home ownership to a new audience through a unique and flexible ‘easy to own’ affordable payment plan. It will also ...

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• 4 May

  Etihad Rail DB appointed as ‘shadow operator’ for stage two of rail network

  

  Abu Dhabi / Emirates Business Etihad Rail DB, the joint venture company between Etihad Rail, the developer of the UAE’s national railway network and Deutsche Bahn (DB) is set to provide ‘Shadow Operator’ services for Stage Two of the Etihad Rail project. The choice builds on the five years of expertise and Etihad Rail DB’s outstanding success in managing Stage ...

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• 4 May

  Noor Bank, Mastercard launch card for SMEs

  

  Dubai / Emirates Business Noor Bank, one of the UAE’s leading Shari’ah-compliant bank, launched the exclusive SME World debit card in collaboration with Mastercard – a first-of its-kind product for SMEs. Available to Noor Bank’s Link Premium and Link Infinite customers, the card offers a wide range of business services including IT support services, recruitment facilities and access to corporate ...

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• 4 May

  UAE convenes interfaith dialogue at United Nations

  

  NEW YORK / WAM The UAE, in its capacity as the chair of the Group of Member States of the Organisation of Islamic Cooperation (OIC), hosted a dialogue with UN Secretary-General Antonio Guterres on strengthening ties with the Muslim community. The dialogue session, which took place at the UN Headquarters, was entitled ‘Strengthening Ties with the Muslim Community: Promoting Dialogue, ...

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• 4 May

  Education, research pillars of sustainable development

  

  TURIN (Italy) / WAM His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, received the first joint Honorary Doctorate in Urban and Regional Development, from the University of Turin and Polytechnic University of Turin, in Italy. During his keynote speech at the ancient castle of Valentino, H.H. said: “I am very ...

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• 4 May

  UAE, New Zealand emphasise tolerance

  

  ABU DHABI / WAM Dr Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC), received Helene Quilter, Secretary of Defence New Zealand, and her accompanying delegation at FNC headquarters in Abu Dhabi. The FNC Speaker commenced the meeting by first expressing her condolences to the government of New Zealand and its people, and the families of the victims of ...

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