July, 2018

• 11 July

  Airbus, Boeing win $3.1bn order from Singapore Air-Tata venture

  

  Bloomberg Airbus SE and Boeing Co. split firm orders for 19 jets from the Indian affiliate of Singapore Airlines Ltd. that is seeking to start international flights and bolster local operations. Vistara, as the airline is known, will buy 13 of the A320neo and A321neo jets that have a list price starting at about $111 million each and six Boeing ...

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• 11 July

  South African to seek partner ‘immediately,’ says union

  

  Bloomberg South African Airways (SAA) pledged to urgently begin a search for a private-sector partner to help turn around the troubled state-owned carrier and ease the burden on an already stretched National Treasury. The assurance followed an attempt by the Solidarity union to end SAA’s reliance on state funding and push the airline into business rescue. The carrier hasn’t made ...

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• 11 July

  Plane crash kills 1, injures 20 near Pretoria

  Bloomberg A charter plane crashed at an airport near the South African capital of Pretoria, injuring about 20 people, according to emergency services. One person died, News24 reported. “Initial reports show that approximately 20 people had sustained injuries ranging from minor to critical,” ER24 said. “The details surrounding this incident are not yet known to our paramedics.” While the aircraft ...

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• 10 July

  AI to contribute $96bn to UAE’s GDP by 2030

  

  DUBAI / WAM Rapid adoption of artificial intelligence (AI) solutions will increase the UAE’s GDP by $96 billion by 2030, enabling organisations to better meet and predict customer and citizen trends and drive digital business innovation. As the UAE Strategy for AI guides nationwide transformation, AI and machine learning are entering the mainstream. PwC predicts that AI will contribute $96 ...

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• 10 July

  Meraas unveils Hatta eco-tourism projects

  

  ABU DHABI / Emirates Business Meraas has announced a series of major projects aimed at boosting the tourism sector in Hatta and advancing the social and economic development of the area. The move aligns with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which include ...

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• 10 July

  FEWA, CBI sign agreement on bill payment services

  DUBAI / WAM The Federal Electricity and Water Authority (FEWA) signed an agreement with the Commercial Bank International (CBI) under which the bank will provide bill payment services to its customers through its branches within and outside the UAE. The agreement was signed by Sheikha Murad Al Blooshi, Director of the Revenue and Credit Department, and Shaker Zainal, Head of ...

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• 10 July

  Al Mazrouei: OPEC is doing its part but won’t overdo it

  

  Bloomberg OPEC and its allies are doing what they can to offset crude output shortfalls that have kept global supplies tight and prices high, but they don’t want to overdo it. That was the message from United Arab Emirates Energy Minister Suhail Al Mazrouei after being asked about US President Donald Trump’s call for the group to do more. He ...

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• 10 July

  ‘UAE committed to protect children in armed conflict’

  

  New York / WAM The UAE has reaffirmed its deep commitment to protecting children in armed conflict, both by providing humanitarian aid and ensuring their long-term wellbeing. Lana Nusseibeh, Ambassador and Permanent Representative of UAE to the UN made the remarks while delivering the UAE statement at the United Nations Security Council Open Debate on Children and Armed Conflict, chaired ...

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• 10 July

  Arab-Chinese ties have witnessed remarkable growth, expansion

  

  Beijing / WAM The UAE is participating in the China-Arab Cooperation Forum, which kicked-off on Tuesday in Beijing, in the presence of Chinese President Xi Jinping and a number of high-level delegations from Arab states, and Arab League Secretary-General Ahmed Aboul-Gheit. The UAE delegation is headed by Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State, and includes Yacoub ...

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• 10 July

  Online registration portal for Idex, Navdex launched

  Abu Dhabi / WAM ‘Idex,’ a subsidiary of Abu Dhabi National Exhibitions Company (Adnec), announced the launch of the Online Registration Portal for the upcoming edition of the International Defence Exhibition & Conference (Idex 2019) and the Naval Defence Exhibition & Conference (Navdex 2019). Exhibitors, experts, visitors, as well as local and international media representatives can now conveniently register for ...

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