September, 2018

• 4 September

  DME announces launch of eight new oil listings

  

  DUBAI / WAM Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, announced the launch of eight new oil listings following completion of the regulatory review. Among the new products offered by DME is the Oman Crude Oil/Platts Dubai Crude Oil Futures contract (code DOP) which helps customers match their hedging exposure for ...

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• 4 September

  Cyberattacks down 39% in seven months: TRA

  

  ABU DHABI / WAM A total of 274 cyberattacks targeted government, semi-government and private sector entities in the UAE during the first seven months of the year, 39 percent down as compared to the corresponding period in 2017, according to the Telecommunications Regulations Authority (TRA) statistics. The decline in reported attacks is attributed to the efforts made by the Computer ...

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• 4 September

  UAE keen to boost volume of joint investments with UK

  LONDON / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met a delegation of British investors, as part of his official visit to Britain. The meeting tackled the growing historical relations between the UAE and Britain and ways to further enhance them and develop aspects of joint cooperation between the two countries ...

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• 4 September

  Emirates, Jetstar Pacific ink new codeshare deal

  Dubai / Emirates Business Emirates and Jetstar Pacific have announced a new codeshare agreement, expanding the existing partnership between the Dubai-based carrier and Jetstar Group. The new partnership with the Ho Chi Minh City-based carrier allows Emirates’ passengers to enjoy connectivity on domestic flights within Vietnam, in addition to flights connecting Vietnam to Singapore, Thailand as well as Australia. The ...

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• 4 September

  Sheikh Zayed Grand Mosque among world’s most impressive

  

  Abu Dhabi / Emirates Business Sheikh Zayed Bin Sultan Al Nahyan mosque in Abu Dhabi has been selected as one of the most impressive contemporary mosques in the world and featured in “Mosques: Splendors of Islam”, the authoritative book that celebrates iconic mosque architecture and Islamic design and heritage. The book is a culmination of author, Leyla Uluhanli’s continuing efforts ...

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• 4 September

  Abu Dhabi hosts meeting of UAE-Chad Joint Committee

  

  Abu Dhabi / WAM Abu Dhabi on Tuesday hosted the ministerial meeting of the Joint Committee between the UAE and Chad, under the co-chairmanship of Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State, and Ashtah Saleh Daman, Minister of State for Foreign Affairs, African Integration, International Cooperation and Diaspora Affairs. Dr. Al Jaber stated that the political ties ...

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• 4 September

  Friday sermons to be translated into English and Urdu languages

  Abu Dhabi / WAM The General Authority of Islamic Affairs and Endowments announced an initiative to translate the content of the Friday Sermon into several languages available for listening and reading on the Authority’s mobile application. The initiative is a result of fruitful collaboration among many entities and institutions, namely the Department of Community Development, the Statistics Centre – Abu ...

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• 4 September

  DMCC officially opens representative office in Germany

  

  DUBAI / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the official opening of its representative office operated by the German Arabian Advisory GmbH in Dusseldorf, Germany. Opening a representative office in one of Germany’s economic and trade centres, brings DMCC to the doorstep of European clients, and will ...

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• 4 September

  Stocks pare drop on ISM data; EM assets wobble

  

  Bloomberg US stocks pared losses after a gauge of US manufacturing hit a 14-year high, bolstering confidence in the world’s largest economy. The dollar climbed as trade tensions persisted and emerging markets remained under pressure. The S&P 500 was little changed after falling as much as 0.5 percent. Nike Inc. fell amid a politically controversial ad campaign and Facebook Inc. ...

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• 4 September

  Rand tumbles with bonds as South Africa recession hits markets

  

  Bloomberg South Africa’s rand headed for its weakest level in more than two years after data showed the country’s economy had slipped into a recession for the first time since 2009. Government bonds fell the most in 10 months as credit risk jumped and stocks took a hit. The rand slumped as much as 3.2 percent, leading emerging-market currency declines ...

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