July, 2018

• 7 July

  UAE delivers Arab Group speech before Human Rights Council

  

  Geneva / WAM Obaid Salem Al Zaabi, the UAE permanent representative to the UN and other international organisations in Geneva, delivered a speech on behalf of the Arab Group at the 38th session of the United Nations Human Rights Council (UNHRC). The UAE currently chairs the “Council of the Heads of Arab Missions” in Geneva, under item 10 of the ...

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• 7 July

  Houthi militia bombs two schools in Yemen

  HODEIDAH / WAM The Iranian-backed Houthi militia bombed two schools in At Tuhayat District in Yemen’s Hodeidah Governorate. The attack follows three years of Houthi militia targeting of schools, hospitals and government buildings. According to the Yemeni Ministry of Social Affairs and Labour, there are over 4.5 million Yemeni children who have been deprived by the Houthi militia of access ...

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• 7 July

  Anti-terror quartet file appeals with ICJ over Qatar issue

  AMSTERDAM / WAM The anti-terror quartet of the Kingdom of Bahrain, the Arab Republic of Egypt, the Kingdom of Saudi Arabia and the United Arab Emirates, jointly filed appeals on Saturday with the International Court of Justice (ICJ) in respect of the decisions of the Council of the International Civil Aviation Organization (ICAO) issued last week, following claims lodged by ...

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• 7 July

  69,000 people in Hodeidah received UAE aid in June

  ABU DHABI / WAM The UAE, represented by the Emirates Red Crescent (ERC), has throughout June provided humanitarian and relief aid operations in the Hodeidah Governorate, to support Yemenis and provide them with relief from their struggles as a result of the inhumane practices of the Iranian-backed Houthi militias. Between June 20 and July 5, the UAE provided 9,900 food ...

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• 7 July

  Brazil celebrates Emirati culture at Sao Paulo Book Fair

  

  Sharjah / WAM Sharjah is set to celebrate its selection as Guest of Honour at the 25th edition of the Sao Paulo International Book Fair, which will take place from August 3-12, with a rich programme highlighting the emirate’s increasing influence on the global cultural landscape. Supervised by the Sharjah Book Authority (SBA), in collaboration with 15 cultural institutions and ...

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• 7 July

  Forget tech, big oil is doling out America’s fattest paychecks

  

  Bloomberg Move over Wall Street titans and Silicon Valley giants. When it comes to paychecks, Big Oil now looks like the best bet for the US workers. Spurred partly by the shale boom, the median pay for energy workers last year was $123,000, according to data newly mandated by the US That topped all sectors, including utilities, tech and health ...

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• 7 July

  Saudi tells OPEC June output jumped to 10.5mn barrels a day

  

  Bloomberg Saudi Arabia told OPEC that it pumped about 10.489 million barrels of crude a day last month as the kingdom sought to cap rallying prices by ramping up output, according to people familiar with the matter. The biggest member in the Organization of Petroleum Exporting Countries (OPEC) pledged last month it would raise output as consumers grow alarmed by ...

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• 7 July

  Billionaire sets up $10bn Nigerian oil refinery

  

  Bloomberg Africa’s richest man, Aliko Dangote, plans to start selling gasoline, diesel and aviation fuel by early 2020 from an oil refinery he’s building near Lagos, Nigeria’s commercial capital. The $10 billion refinery, set to be one of the world’s largest and process 650,000 barrels of crude a day, should be near full capacity by mid-2020, Edwin Devakumar, group executive ...

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• 7 July

  Oil exploration in US expands

  Bloomberg Oil explorers deployed more rigs in the US this week as crude prices breached $75 per barrel for the first time since 2014. The US working oil rigs rose by five this week to 863, halting two straight weeks of declines, according to data from Baker Hughes. Shale fields in the Southwest and Great Plains accounted for most of ...

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• 7 July

  Reliance Industries on $4bn shopping spree

  

  Bloomberg Reliance Industries Ltd., India’s second-largest company by market value, has been on a shopping spree this past year, with a focus on expanding the draw of its consumer offerings. Helmed by India’s richest man Mukesh Ambani, the company has struck at least 12 deals over 12 months with an estimated tab of about 289 billion rupees ($4.2 billion), according ...

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