September, 2018

• 3 September

  Airbus to aid China probe of A320 missing wheels

  Bloomberg Airbus SE said it will help Chinese authorities investigate an incident in Shenzhen this week, when the crew of an A320 commercial jet requested emergency landing after reporting troubles, and later found the two nose wheels missing. Capital Airlines flight JD5759 from Beijing, with 166 aboard, encountered severe wind shear while attempting to land in Macau on Aug. 28, ...

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• 3 September

  JD turns to Google, Walmart to build global e-comm empire

  

  Bloomberg Richard Liu built an e-commerce giant in China by tapping into the nation’s appetite for technology. As his JD.com Inc. sets its sights on global expansion, he’s turning to others for help: Google and Walmart Inc. Just a few months after Google bought a $550 million stake in JD, Liu said he’s in the early stages of strategic planning ...

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• 2 September

  Transformational sectors add 11.8% to non-oil GDP

  Abu Dhabi / WAM Transformational industries’ contribution to non-oil GDP increased to 11.8 percent by fixed prices until the end of 2017 from 11.7 percent in 2016 and 11.5 percent in 2015, according to the UAE Ministry of Economy’s statistics. The growth reflects the significant achievements made by the transformational industries over the past five years, during which they have ...

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• 2 September

  ADM receives Arab corporate excellence award

  

  ABU DHABI / WAM The Abu Dhabi City Municipality (ADM), won the corporate excellence award among Arab departments, during a ceremony held by the Excellence Awards Academy in Sharm Al-Sheikh, Egypt. Humaid Rashid Al Diri’ee, Acting Executive Director of Strategic Planning and Performance Management, received the award on behalf of the municipality. “The municipality was a worthy winner of this ...

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• 2 September

  ADX-listed firms’ market cap hit AED526 billion

  

  ABU DHABI / WAM Abu Dhabi Securities Exchange’s (ADX) listed companies market cap reached AED526 billion ($143.3 billion), by the end of August; with a remarkable increase in ADX general index by 13.4% from the start of 2018. By the end of August sessions, the market capitalisation of domestic public companies listed on ADX increased to AED495 billion compared with ...

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• 2 September

  DED launches awareness campaign for businesses

  DUBAI / WAM The Department of Economic Development (DED) in Dubai, as part of its ‘Commercial Commitment Day’ initiative, will set out to enhance awareness among the business community on their rights and responsibilities as well as on ensuring better compliance with laws and regulations relating to doing business thereby avoiding fines and other penalties. A designated team from the ...

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• 2 September

  DCT Abu Dhabi’s new destination campaign launched

  Abu Dhabi / Emirates Business The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has significantly upped the ante on global marketing with the introduction of a major new international promotional campaign. This latest activity will build upon a destination identity that has already attracted record numbers of guests to the emirate for two successive years, and ...

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• 2 September

  Mohamed: Double efforts to groom generations for future

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, visited Al Asayel School in Khalifa City, Abu Dhabi, on Sunday, on the first day of the academic year 2018-2019. The Abu Dhabi Crown Prince sat in on a lesson with pupils at the ...

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• 2 September

  31,000 Yemenis benefit from ERC’s food supplies in Hodeidah

  

  HODEIDAH / WAM More than 31,000 Yemenis have benefited from emergency relief assistance provided by the Emirates Red Crescent (ERC), recently, including 22,500 children, while the Authority is continuing to rehabilitate drinking water plants to meet the needs of Yemeni households. Within this context, the ERC distributed 4,500 food baskets and basic commodities to Yemeni families in the districts of ...

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• 2 September

  Campaign to promote benefit of equity futures launched

  

  DUBAI / WAM Nasdaq Dubai and Brokerage House Securities (BHS), have begun a joint campaign to publicise the benefits to investors of trading equity futures. The campaign will include seminars at Nasdaq Dubai’s new MarketSite event space, tailor made workshops, videos detailing how to trade and other activities that raise awareness of equity futures’ unique advantages. BHS is a trading Member ...

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