August, 2018

• 1 August

  Dubai highlighted as strategic hub for Belarusian food exporters

  

  DUBAI / WAM The Dubai Chamber of Commerce and Industry recently participated in a seminar held in Minsk, Belarus, where representatives from the chamber’s Azerbaijan office highlighted the business potential that Dubai can offer Belarusian food exporters. The seminar, organised by the Belarus Chamber of Commerce and Industry, aimed to familiarise participants with guidelines governing halal food products that are ...

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• 1 August

  Dubai welcomes over 8mn tourists in first half of 2018

  

  Dubai / Emirates Business Dubai welcomed a record 8.10 million international overnight tourists during the first six months of 2018, representing a consistent increase on the same period last year. Figures released by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) have confirmed the continued success of the emirate’s tourism sector, which at the end of 2017 was worth ...

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• 1 August

  Abu Dhabi DoH sets new requirements for emergency divisions

  

  ABU DHABI / WAM The Department of Health — Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate of Abu Dhabi, has announced new standard requirements for emergency departments in general hospitals across public and private healthcare providers. According to the new standard, emergency divisions will be restructured into two distinct departments: emergency departments and urgent care ...

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• 1 August

  Ministry launches first phase of ‘Masaai Al Khair’

  DUBAI / WAM The Ministry of Community Development (MOCD) partnered with Dubai Holding and Dubai Municipality to implement the first phase of the ‘Masaai Al Khair’ initiative that seeks to provide home maintenance and renovation support for social security beneficiaries and low-income families in Dubai. As part of the AED10 million initiative, phase one covers residences in Dubai’s Jumeirah, Hatta ...

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• 1 August

  Dewa, MHRE boost cooperation, strategic ties

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has signed a Memorandum of Understanding (MoU) with the Mohammed bin Rashid Housing Establishment (MRHE) to improve their strategic partnership, exchange knowledge and skills, work closely together, and effectively coordinate with each other. The MoU supports the both institutions organisational objectives and will help implement comprehensive housing projects; including residential and ...

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• 1 August

  Abu Dhabi to host regional nurses’ conference

  

  Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (Adnec) will host the International Council of Nurses’ first Regional Conference at its Abu Dhabi National Exhibition Centre from September 25th to 27th 2018. This important Conference will be co-hosted with the Emirates Nursing Association (ENA) and in collaboration with the SEHA International Nursing, Midwifery and Allied Health conference. This ...

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• 1 August

  Azizi’s Al Furjan project set to complete by 2018 end

  

  DUBAI / Emirates Business Azizi Developments, one of the leading private developers in the UAE, is set to complete Shaista Azizi, one of their five projects in Al Furjan due for completion, at the end of the year. The project is advancing at a fast pace with elevation works, mechanical and electrical installations progressing to the eighth floor and upwards. ...

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• 1 August

  OPEC producer taps lenders for $1.1bn loan in shale push

  

  Bloomberg Kuwait Foreign Petroleum Exploration Co. (Kufpec) is borrowing $1.1 billion to spend on oil and natural gas projects as the company plans to expand its shale operations, Chief Executive Officer Sheikh Nawaf Saud Al-Sabah said. Sumitomo Mitsui Banking Corp. and Societe Generale SA were the joint lead arrangers of the five-year loan for Kufpec, a unit of state-run Kuwait ...

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• 1 August

  Planned $500 billion Saudi Robotic City hosts cabinet meeting

  Bloomberg Saudi Arabia’s King Salman held his first-ever cabinet meeting in Neom, a planned $500 billion futuristic city that will host more robots than people in a desolate peninsula in the kingdom’s northwest. The sci-fi city on the Red Sea coast is designed to represent Saudi Arabia’s efforts to transform itself away from oil. The 82-year-old monarch’s visit there for ...

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• 1 August

  CleanFund seals $103mn bond deal for renewables, water

  Bloomberg A California-based clean-energy financing company closed a $103 million bond offering backed by commercial loans supporting renewables, energy-efficiency and water and seismic-upgrade projects. CleanFund Commercial PACE Capital Inc.’s bond deal is one of the first to bundle C-PACE obligations — commercial property assessed clean-energy — according to a statement. PACE uses property tax liens to repay the debts. The ...

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