December, 2018

• 8 December

  Dubai seeks to woo more realty investors from India

  

  Dubai / Emirates Business Dubai Land Department (DLD) has organised the 10th edition of its Dubai Property Show (DPS) in Mumbai with the participation of a number of leading developers. HE Majida Ali Rashid said: “DLD has chosen the most important cities in the world to focus on its promotional agenda, considering several factors, most important of which is the ...

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• 8 December

  China’s chemical company opens new facility in Jafza

  

  Dubai / Emirates Business China XD, one of China’s leading specialty chemical companies and one of the top 500 non-stated owned enterprises has opened a new facility under its subsidiary – Al Composites Materials FZE in Jafza. The company is involved in the development, manufacture and sale of polymer composite materials for automotive applications worldwide. The opening marks a new ...

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• 8 December

  DIFC attracts world’s top 200 fintech CEOs and innovators

  

  Dubai / Emirates Business Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia region (Measa), has made great strides in the fintech space, cementing Dubai’s position as one of the world’s top 10 fintech hubs and a preferred growth platform for startups and SMEs. DIFC has hosted the 6th annual International Finance ...

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• 8 December

  UAE triples previous commitment to CERF

  

  NEW YORK / WAM Lana Nusseibeh, Ambassador and Permanent Representative of the UAE to the UN, announced that the UAE will contribute $5 million to the UN Central Emergency Relief Fund (CERF) for the year 2019 at CERF’s annual High-Level Pledging Event on December 7. “As a testament to CERF’s effectiveness and the UAE’s commitment to its principles of humanity, ...

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• 8 December

  Houthis replace sugar, rice with explosives to target Yemeni civilians

  HODEIDAH / WAM Houthi militias continue to cause damage to the infrastructure and services in Yemen by setting-up booby traps in schools and planting improvised explosive devices and mines in food cans and bags, as part of their destructive strategies to achieve maximum loss of life. In this regard, the Al Sharaf School in Hodeidah has been transformed into a ...

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• 8 December

  Sharjah looks to establish trade relations with African nations

  

  Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre, will organise a trade mission to Kenya and Uganda, as part of its strategy to find and develop marketing opportunities for local industries in promising foreign markets, and especially in Africa. The chamber’s trade mission will travel on Monday, along with the ...

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• 8 December

  Kalimat, Gallucci establish publishing house

  Rome / WAM Kalimat Group, a leading global publisher of award-winning Arabic children’s and young adult books, and Gallucci Publishing, an Italian publisher known for books that help address challenges faced by the youth, have come together to establish the Gallucci-Kalimat publishing house. The joint publishing house will work on translating, distributing, and marketing titles in Italy initially, with plans ...

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• 8 December

  Tahkeem signs MoU with UK’s Chartered Institute of Arbitrators

  

  SHARJAH / WAM Sharjah International Commercial Arbitration Centre, Tahkeem, signed a Memorandum of Understanding (MoU), with the London-based Chartered Institute of Arbitrators (CIArb), for a range of collaborations including support, advice, and training. On behalf of Tahkeem, the MoU was signed by Ahmed Saleh Al-Echlah, Tahkeem Director, and Anthony Abrahams, Director General CIArb, in the presence of Abdulla Deaifis, Tahkeem ...

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• 8 December

  Dubai witnesses 124% increase in paper industry firms

  

  Dubai / WAM The Business Registration and Licensing (BRL) Sector in the Department of Economic Development (DED), Dubai, has issued a report on the paper products industry, which includes statistics on the number of companies operating in Dubai, and the historical presence of paper product companies from 1963 until 2018. This is to assist in determining the expected volume of ...

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• 8 December

  China ramps up solar panel exports

  

  Bloomberg The world’s largest solar panel maker is selling a great deal more overseas to keep its domestic industry afloat. China’s exports in the third quarter soared 66 percent from a year ago after the government’s decision to cut support for the local solar power industry dented domestic demand. Shipments to Australia more than doubled and tripled to Mexico, making ...

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