December, 2023

• 27 December

  Ahmed bin Mohammed receives President of Mongolian National Olympic Committee

  

  DUBAI/ WAM H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the National Olympic Committee, today received Battushig Batbold, President of the Mongolian National Olympic Committee. The meeting, at the Emirates Towers, centred around ways of enhancing cooperation and bilateral relations besides initiatives to advance the Olympic movement in the two countries. ...

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• 27 December

  Gold stabilises amid weak trading, expectations of interest rate cuts

  

  SINGAPORE / WAM Gold prices settled on Wednesday, amid low trading volume and expectations of the Federal Reserve System of the US reducing interest rates in the first quarter of 2024 and the general weakness of the dollar. The price of gold stabilised in spot transactions at $2066.86 per ounce. US gold futures rose 0.4% to $2078.20 per ounce. Gold ...

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• 27 December

  European stocks rise after holiday; bonds advance

  

  BLOOMBERG Shares in Europe rose after a holiday break, tracking gains in Asia and on Wall Street as investors bet that the Federal Reserve will cut interest rates as early as March. The Stoxx Europe 600 climbed 0.3% in early trading. Technology stocks were among the biggest gainers as Prosus NV rebounded from a slump triggered by a selloff in ...

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• 27 December

  Philippines attracts four bidders for $3 billion Manila Airport upgrade

  

  BLOOMBERG The Philippines on Wednesday received bids from four groups for a 170.6-billion peso ($3 billion) contract to upgrade and operate its main airport in Manila. The groups that submitted bids were Manila International Airport Consortium, Asian Airport Consortium, GMR Airports Consortium and SMC SAP & Co Consortium, Transportation Secretary Jaime Bautista said before opening the offers. The concession period ...

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• 27 December

  Ministry, WHO to enhance NCD surveillance in healthcare

  

  DUBAI / WAM The Ministry of Health and Prevention (MoHAP), in collaboration with the World Health Organisation (WHO), has hosted a three-day workshop aimed at bolstering Noncommunicable Disease (NCD) surveillance systems, enhancing the quality of life and combatting NCDs. The workshop also focused on fostering a shared comprehension of NCD surveillance concepts, establishing comprehensive reporting mechanisms for noncommunicable diseases and ...

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• 27 December

  UAE council reviews national efforts on climate ambition, COP28 outcomes

  

    DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, chaired the fourth meeting of the UAE Council for Climate Action held this year. The council conducted an online meeting to review the national efforts towards climate ambition, the outcomes of the 28th UN Climate Change Conference (COP28) hosted by the UAE, and other related ...

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• 27 December

  DFM logs significant trades involving 175.3m shares worth AED87.2 million

  

  DUBAI / WAM The Dubai Financial Market (DFM) conducted three substantial deals directly involving shares of ‘Takaful Emarat,’ ‘SHUAA Capital,’ and ‘Salama – Islamic Arab Insurance’, totalling 175.3 million shares with a combined value of AED87.2 million. As per DFM’s data, the first deal involved 44.2 million ‘Takaful Emarat’ shares, valued at AED18.5 million, traded at an execution price of ...

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• 27 December

  How to Dispose of Christmas trees, lights and other holiday staples

  

  BLOOMBERG The holidays are a special time of joy and giving — and a special time for generating trash. In the US alone, the amount of waste generated between Thanksgiving Day and New Year’s Day is 25% to 43% higher than average. All that trash pollutes the planet by piling up in landfills, and also contributes directly to climate change. ...

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• 27 December

  UAE provides food supplies, humanitarian relief to flood-affected families in Seychelles

  

  ABU DHABI / WAM The UAE dispatched a plane carrying 50 tonnes of aid in food supplies to the Republic of Seychelles to provide humanitarian relief to thousands of families impacted by the recent floods, which have caused severe and widespread damage. The plane was deployed in coordination with several humanitarian institutions in the UAE. Sultan Al Shamsi, Assistant Minister ...

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• 27 December

  Abdullah bin Zayed congratulates Sikorski on his appointment as Poland’s Foreign Minister

  

  ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, congratulated Radosław Sikorski on his appointment as Minister of Foreign Affairs of Poland, during a phone conversation. During the call, His Highness Sheikh Abdullah bin Zayed wished Sikorski success in his new mission, highlighting the distinguished relations that their countries share. The two top ...

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