October, 2018

• 1 October

  Dubai Investments to highlight ‘portfolio’ at Cityscape Global

  

  Dubai / WAM Dubai Investments has announced that it will be showcasing its real estate projects portfolio at Cityscape Global 2018, that is set to take place at the Dubai World Trade Centre from October 2-4. Dubai Investments will showcase Mirdif Hills, a mixed-use, residential, commercial, and retail development by DIRC and the only freehold development currently in Mirdif. The ...

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• 1 October

  ‘Zayed is our role model in establishing culture of non-violence, tolerance’

  ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, has said that the late Sheikh Zayed bin Sultan Al Nahyan, the UAE’s Founding Father, has consolidated this nation’s belief in a culture of nonviolence, in its comprehensive sense, which also reflects the country’s core values. In a statement released on the occasion of ‘International Day of ...

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• 1 October

  Shurooq launches Khorfakkan Beach development project

  

  SHARJAH / WAM The Sharjah Investment and Development Authority (Shurooq) announced the launch of the development and redesigning project of Khorfakkan Beach. The project aligns with Shurooq’s strategy to integrate tourism and family destinations across the Emirate of Sharjah. The project includes the establishment of service facilities and world-class hospitality amenities to host recreational activities. This adds to the tourism ...

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• 1 October

  MidEast Watch and Jewellery Show kicks-off today

  

  SHARJAH / WAM The 45th edition of the MidEast Watch and Jewellery Show will launch on Tuesday at Expo Centre Sharjah. The show’s activities will take place amidst the participation of more than 500 local and international companies and brands from 25 different countries. The show, to be held from October 2-6, offers a global platform to present the latest ...

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• 1 October

  Apicorp key sponsor for 24th World Energy Congress

  

  ABU DHABI / WAM To build upon its commitment to bring together thought leaders from organisations across the world, the Organising Committee of the 24th World Energy Congress announced on Monday that the Arab Petroleum Investments Corporation (Apicorp) will actively support the 2019 Congress by becoming a Gold Sponsor. To further its ambition of becoming the trusted financial partner to ...

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• 1 October

  Shell, partners approve $31bn project to speed gas to Asia

  

  Bloomberg Royal Dutch Shell Plc and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada — the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas. LNG Canada — comprised of Shell, Malaysia’s Petroliam Nasional Bhd, Mitsubishi Corp., PetroChina Co. ...

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• 1 October

  Crude extends longest quarterly rally in a decade

  

  Bloomberg Oil extended gains in London after the longest quarterly rally in a decade as a slowdown in American drilling added to concern that supply losses around the world will lead to a tight market. Brent crude rose as much as 0.7 percent, after front-month futures climbed for a fifth straight quarter. As concerns over a global crunch due to ...

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• 1 October

  Bahrain credit risk falls to 5-month low

  Bloomberg Bahrain’s credit risk declined to the lowest level in five months on optimism the nation’s neighbours will soon come to the island-state’s rescue with an aid package. The cost of insuring Bahrain’s debt against default fell 34 basis points last week on relief that Saudi Arabia, the United Arab Emirates and Kuwait were said to be considering a $10 ...

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• 1 October

  Battle over the name Macedonia rages after weak vote turnout

  

  Bloomberg The Republic of Macedonia’s leader threatened to call snap elections next month if he fails to win support to change his country’s name after voters backed him in a referendum clouded by low turnout. The conflicted outcome of plebiscite sets the stage for a bruising battle ahead for Prime Minister Zoran Zaev, who’s pushing to settle a 27-year-old row ...

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• 1 October

  Nigeria’s Buhari vows to end insurgency as he seeks second term

  

  Bloomberg Nigerian President Muhammadu Buhari promised to end a deadly insurgency by Boko Haram militants, renewing a pledge he made ahead of his 2015 election as he seeks a second term. “There has been a steady improvement in the security situation in the northeast,” Buhari said Monday in a TV broadcast marking Nigeria’s 58th anniversary of independence from British rule. ...

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