December, 2018

• 9 December

  King Salman opens 39th GCC summit in Riyadh

  

  RIYADH / WAM The 39th session of the GCC Summit was held on Sunday in Riyadh under the chairmanship of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud with the participation of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, who headed the ...

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• 9 December

  Adnoc pilots blockchain in oil, gas production

  

  ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced its successful collaboration with IBM, piloting a blockchain-based automated system to integrate oil and gas production across the full value chain. The groundbreaking system provides a secure platform for the tracking, validating and execution of transactions at every stage, from production well to the end customer. According to ...

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• 9 December

  Ministry set to launch integrated payment system in UAE by 2020

  

  DUBAI / WAM The Ministry of Finance (MoF) reviewed the future strategic development plan for the transformation of e-Dirham system, during its meeting with senior local and federal government officials. During the meeting, the development stages of e-Dirham system, since its launch in 2001, were reviewed, while strategic plan was evaluated to ensure the sustainability of the system and its ...

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• 9 December

  ADGM opens world’s first fully digital courtroom

  

  ABU DHABI / WAM Abu Dhabi Global Market Courts (ADGM Courts), the internationally recognised, independent courts of ADGM, has opened for viewing fully digital, bespoke courtroom at an exclusive launch event held in the ADGM building on Al Maryah Island. The digital courtroom, the first of its kind globally, is a testament to ADGM Courts’ commitment to delivering an innovative ...

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• 9 December

  Abu Dhabi to host Unido forum in ’19

  VIENNA / WAM Abu Dhabi has officially been selected to host the 2019 United Nations Industrial Development Organisation (Unido) General Conference, the organisation’s supreme policy-making organ which convenes every two years. The announcement was made following a vote by 53 member states of Industrial Development Board (IDB) at their 46th annual meeting in Vienna where they convened to review implementation ...

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• 9 December

  Adnoc awards Chinese firm 4% interest in onshore concession

  

  ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Sunday, the four percent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a subsidiary of China ZhenHua Oil Co. Ltd. The ownership change has been approved by Abu Dhabi’s Supreme Petroleum ...

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• 9 December

  Sharjah, Azerbaijan discuss ways to boost economic, trade ties

  

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), held discussions with a trade delegation from Azerbaijan on developing economic cooperation, promoting mutual investments, exchanging trade missions, and building partnerships between the business communities in Sharjah and Azerbaijan. During the business meeting hosted by the SCCI at its headquarters on Sunday, the two sides reviewed prospects of cooperation ...

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• 9 December

  Emirates Flight Catering to serve New Zealand pavilion at Expo 2020

  

  Dubai / Emirates Business Emirates Flight Catering, part of The Emirates Group and one of the world’s largest caterers, has been selected to lead the hospitality and operations for the New Zealand pavilion at Expo 2020 Dubai. The New Zealand pavilion restaurant, part of New Zealand’s expansive 2,000sqm Expo 2020 presence, will be central to the country’s participation at Expo ...

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• 9 December

  Etisalat launches new plans for its postpaid customers

  Abu Dhabi / Emirates Business Etisalat on Sunday announced the launch of ‘Freedom’, its all-new postpaid plans. The new plans come with the freedom to choose from non-contract or a one-year contract plan offering customers the simplicity, flexibility and great benefits. For the first time in UAE, with Etisalat’s ‘Freedom’ plans customers will no longer have to sign a contract ...

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• 9 December

  Sharjah Airport implements new baggage rules

  

  SHARJAH / WAM Sharjah Airport Authority announced the implementation of new baggage rules at Sharjah Airport. The new rules, which will include luggage specifications, will boost operational performance, reduce improper baggage handling and enhance the airport’s competitiveness in the region. The Sharjah Airport notified the representatives of all airlines operating at the Airport about the new policy, and informed them ...

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