February, 2019

• 24 February

  Swedbank scandal puts spotlight on CEO’s history of denials

  

  Bloomberg Birgitte Bonnesen, the chief executive officer of Swedbank AB, has consistently denied that her bank had any involvement in the Estonian money-laundering scandal engulfing Danske Bank A/S. This week, her words came back to haunt her. Swedbank was forced to backtrack on its previous assertions and has now acknowledged that it also handled suspicious transactions, which it says have ...

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• 23 February

  Oil rises on trade talks, Opec commitment

  

  Bloomberg Oil in New York posted a second straight weekly advance as investors focus on talks between the US and China on trade and as Opec shows commitment to curbing production. Futures added 0.5 percent in New York to the highest in more than three months. Trade talks in Washington between a Chinese delegation led by Vice Premier Liu He ...

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• 23 February

  UAE becomes number one choice for UK exporters

  

  Emirates Business According to BESA’s latest research, the UAE has overtaken the US and Saudi Arabia as the country that UK companies are most interested in exporting to. The findings come as 83 UK education suppliers have confirmed to exhibit at the influential GESS Dubai 2019, the British Educational Suppliers Association (BESA) announced. GESS Dubai is the leading education conference ...

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• 23 February

  Meraas all set to unveil Dubai Harbour

  

  Dubai / Emirates Business Meraas, a Dubai-based holding company, has announced that it will showcase its industry-defining maritime neighbourhood – Dubai Harbour during the 27th annual Dubai International Boat Show (DIBS) 2019. Set to the highest international standards, Dubai Harbour will be the first yachting community hub in the Middle East. Designed by leading architects with careful attention to detail, ...

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• 23 February

  ERC launches development projects in Sierra Leone

  

  ABU ABU DHABI / WAM The Emirates Red Crescent (ERC), launched a number of development projects in the Republic of Sierra Leone, under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the follow-up of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s ...

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• 23 February

  Ministry holds two-day camp on eco-awareness

  ABU DHABI / WAM The Ministry of Climate Change and Environment (MOCCAE), hosted 40 university students and youth council members at a two-day camp on Sir Bani Yas Island in the emirate of Abu Dhabi. Themed ‘UAE’s Natural Wonders’, the camp was held in collaboration with the Environment Agency – Abu Dhabi (EAD), the Department of Culture and Tourism – ...

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• 23 February

  ‘We must all join forces to make Expo 2020 a success’

  

  ABU DHABI / WAM Stressing the vital importance of Expo 2020 Dubai to the Sultanate of Oman, Dr. Ali bin Mas’oud al-Sunaidy, Minister of Commerce and Industry, said, ”We must all join forces to make this international high-profile gathering a success.” Speaking to the Emirates News Agency (WAM), on the sidelines of the Oman-UAE Economic Forum held in Omani capital, ...

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• 23 February

  RTA envisions Dubai’s future mobility 2030-2071

  

  ABU DHABI / WAM With the implementation of the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to embrace innovation as an institutional practice in nurturing a sustainable future for the upcoming generations, and utilise the UAE Government’s innovation tools which include innovation labs, and to mark ...

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• 23 February

  Arab world maintains vibrant relations with EU, says Fujairah Ruler

  

  SHARM EL SHEIKH / WAM Egypt’s hosting of the Arab League-European Union, EU, Summit on Sunday in Sharm el-Sheikh underscores its pivotal role in international efforts to counter terrorism and realise peace in the Middle East region and as a facilitator for Arab-European dialogue on challenges facing the world, said HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member ...

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• 23 February

  UAE, Ethiopia discuss defence cooperation

  

  ADDIS ABABA / WAM Ethiopia’s Defence Minister Aisha Mohammed Musa, has received UAE Ambassador to Ethiopia, Mohammad Salem Al Rashidi, at the ministry in Addis Ababa. During the meeting, they discussed issues of mutual interest, especially topics related to defence and military cooperation. The Ethiopian defence minister hailed the strong relations between the two countries and the importance of enhancing ...

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