August, 2018

• 15 August

  ADX admits SICO as first non-UAE market maker

  

  Abu Dhabi / WAM In line with its strategy to enhance the UAE’s investment structure and support its sustainable economic gro-wth, Abu Dhabi Securities Exchange (ADX) has awa-rded SICO with the first non-UAE license to serve as market maker, making it the fifth registered market ma-ker on the exchange. The announcement came at a bell- ringing ceremony on ADX’s trading ...

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• 15 August

  GCC debt issuance to top $50bn

  

  DUBAI / Emirates Business GCC sovereign issuance has had another strong first half, with the sovereign bond transactions of over $30 billion in the hard currency market, according to Fisch Asset Management. The Zurich-based asset manager believes that full-year issuance could surpass last year’s levels and reach $50 billion in 2018. Philipp Good, CEO at Fisch Asset Management, said: “This ...

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• 15 August

  Adnec promoting Abu Dhabi as world-class healthcare hub

  

  ABU DHABI / WAM Abu Dhabi National Exhibitions Company (Adnec) renewed a landmark memo- randum of understanding (MoU) with the Emirates Medical Association (EMA), and the Abu Dhabi Convention Bureau, a division of the Department of Culture and Tourism (DCT), to promote Abu Dhabi as a hub for world-class healthcare services and a global knowledge destination, by hosting important medical ...

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• 15 August

  Dar Al Ber Society launches 91 projects in Ghana, Ivory Coast

  

  DUBAI / WAM The Dar Al Ber Society has launched and supported 91 humanitarian and charity projects in the Ivory Coast and Ghana, as part of its development and charity efforts in Africa. The projects aim to promote the teachings and values of Islam and implement the UAE’s charity and humanitarian policies and vision around the world, as part of ...

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• 15 August

  ADX achieves 100% in listed firms’ disclosure compliance

  ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) announced that it has recorded a compliance rate of 100 percent regarding its listed public and private joint stock companies’ disclosure of Q2-2018 financial statements within the deadline of 45 days from the end of the financial period. All of the bourse’s 69 listed (local and foreign) public and private companies ...

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• 15 August

  NAMA, top Brazilian entities discuss ties in women’s affairs

  SHARJAH / WAM The UAE-based organisation for women’s development, NAMA Women Advancement Establishment (NAMA) has been in discussions with leading government departments, academic institutions and busin- esses in Sao Paulo, Brazil, to explore possible avenues of collaboration and expertise-shar- ing to benefit young students, female entrepreneurs and businesswomen in both countries. This was NAMA’s first large-scale networking and exchange mission ...

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• 15 August

  Ministry of Foreign Affairs Youth Council formed

  ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has issued a resolution forming the Ministry of Foreign Affairs and International Cooperation Youth Council. The decision comes about the UAE vision to empower young individuals and provide them with exceptional opportunities for growth and development to lead the future. According ...

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• 15 August

  Dubai focusses on Hong Kong as part of Far East exports push

  

  DUBAI / WAM Dubai Exports, the export promotion agency of the Department of Economic Development (DED) concluded a successful visit to Hong Kong, attracting buyers and importers eager to source products from Dubai to Far Eastern markets. The visit, led by Mohammed Al Kamali, Deputy Chief Executive Officer of Dubai Exports, marked the first anniversary of the Overseas Trade Office, ...

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• 15 August

  Russian trolls amped up tweets for pro-Trump website’s content

  

  Bloomberg Russia’s social-media trolling operation began stepping up its Twitter presence to new heights in late July 2017 — more than eight months after sowing discord and disinformation in the 2016 presidential election. The burst of activity —revealed in a new, comprehensive dataset of nearly 3 million tweets—had an overriding focus over the ensuing three months: popularising headlines and news ...

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• 15 August

  Military officers arrested in Maduro assassination bid

  Bloomberg Two high-ranking military officials were detained in the ongoing investigation into the attempt on President Nicolas Maduro’s life using explosive-laden drones, Venezuela’s leading prosecutor said. The two join a lawmaker already in custody in what authorities say was a complex plot to assassinate Maduro, the first lady and senior members of government at a military parade August 4 in ...

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