July, 2018

• 17 July

  Oil steadies after slump as traders remain wary over supply risks

  

  Bloomberg Oil steadied after another sharp pullback as traders remained wary over whether supplies will be sufficient to cover a range of global disruptions. Futures in New York traded near $68 a barrel, having tumbled 4.2 percent as Libya restored output at some fields and the US signalled it may take a slightly softer approach with sanctions on Iranian exports. ...

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• 17 July

  Dubai real estate brokerage commissions hit AED571mn

  

  DUBAI / WAM Dubai Land Department (DLD) announced that the real estate brokerage commissions reac-hed AED571 million during the first half of 2018, with a total of 5,181 active brokers, representing 2,113 offices, contributing to the sustainable growth achieved by the sector. The Department of Real Estate Studies and Research of the DLD also reported that the activities of the ...

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• 17 July

  DMCC inks deal to boost China trade in Dubai

  DUBAI / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has signed an MoU with the Royal Fund Investments (RF) to cement strong bilateral trade relations with Chinese business community. The MoU commits both parties to connect and provide attractive business solutions for Chinese corporates looking to set up in Dubai ...

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• 17 July

  Etihad launches WhatsApp service for its passengers

  

  Emirates Business Etihad Airways, the national airline of the United Arab Emirates, launched a WhatsApp Business solution, allowing guests to communicate instantly with the airline via the popular messaging app. The new service, which is the latest element of Etihad Airways’ digital strategy, will provide an enhanced offering to premium guests when they are at Abu Dhabi International Airport, allowing ...

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• 17 July

  DBWC to enhance economic relations with Serbia

  

  DUBAI / WAM The Dubai Business Women Council (DBWC) discussed ways to enhance economic relations between business women of Dubai and Serbia, and enact joint economic and trade partnerships. This came during a recent meeting between Dr. Raja Al Gurg, President of the Dubai Business Women Council; and Stanimir Vukicevic, Ambassador of Serbia to the UAE, in the presence of ...

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• 17 July

  Adnoc marks group-wide safety day

  Abu Dhabi / WAM The Abu Dhabi National Oil Company, (Adnoc) on Tuesday marked its 2018 Group-wide Safety Day, with a renewed pledge to keep its people, assets, communities and the environment free from harm. The Safety Day took place one year after Adnoc launched its reinvigorated commitment to 100 percent HSE. Introducing a unified set of 10 Life Saving ...

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• 17 July

  ARN and Hala China to launch Chinese radio station in Dubai

  DUBAI / WAM The Arabian Radio Network (ARN), in partnership with Hala China, a joint initiative between Meraas and Dubai Holding, have announced the launch of a new dedicated 24-hour radio station called ‘The Sound of the Dubai Dragon’, which will serve the resident Chinese population in the UAE. The announcement follows the official launch of Hala China, which aims ...

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• 17 July

  ‘UAE-China delegation visits exceed 120’

  

  ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, said that the UAE and China enjoy high levels of dialogue and coordination. These ties are reflected in the intensity of official and trade delegation visits between the two nations, having exceeded 120 between 2011 and 2017. In an interview with Emirates News Agency (WAM), the UAE Minister ...

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• 17 July

  President Xi’s visit confirms UAE’s significant stature

  

  ABU DHABI / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the National Media Council (NMC), said that the UAE and China have a long history of economic cooperation, which developed greatly under the Founding Father, late Sheikh Zayed bin Sultan Al Nahyan, who was keen to strengthen these important relations. He was a ...

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• 17 July

  Hamdan launches Arabic edition of ‘MIT Technology Review’

  

  Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation, said that Dubai’s efforts to create a better future as part of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, ...

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