June, 2018

• 24 June

  UAE Cabinet forms Emirates Fatwa Council

  Abu Dhabi / WAM The UAE Cabinet has adopted a resolution to create the ‘Emirates Fatwa Council’, under the chairmanship of Sheikh Abdullah bin Bayyah, President of the Forum for Promoting Peace in Muslim Societies, which will coordinate fatwas and unify their sources, as well as issues related national policies. The Council will be the official reference for fatwas in ...

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• 24 June

  Sharjah FDI hits $1.63bn in 2017

  

  Sharjah / WAM The 2018 Oxford Business Group (OBG), report for Sharjah shows that the emirate’s policy of diversification and its success in attracting foreign direct investment is driving the economy towards new heights. The document, ‘The Report Sharjah 2018’, provides an in-depth analysis of the most prevalent sectors and industries, highlighting the move away from hydrocarbons and towards a ...

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• 24 June

  Snoc commissions LPG blending, loading project

  SHARJAH / WAM Sharjah National Oil Corporation (Snoc), announced the commissioning of an LPG Blending and Loading project in Sharjah’s Sajaa Complex. Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Snoc, emphasised that the step stems from the Corporation’s keenness to meet the growing local demand for liquefied petroleum gas, LPG, and to implement relevant projects. He explained that the ...

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• 24 June

  Yemeni fishing sector resumes their activities in Hodeidah

  HODEIDAH / WAM Yemen’s fishing sector resumed its activities, restoring a major source of livelihood for its citizens, as part of the Saudi-led Arab Coalition’s efforts to retake the strategic port of Hodeidah from Iranian-backed Houthi militias, and to restore stability in liberated areas of Yemen’s Red Sea Coast. For many Yemenis in Hodeidah and its surrounding areas, fishing is ...

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• 24 June

  ERC offers financial rewards to doctors in Aden

  Aden / WAM The Emirates Red Crescent (ERC), presented financial rewards to doctors who worked during Eid al-Fitr in health centres across Aden, as a token of appreciation for their efforts to serve the community. The ERC team provided Dr. Ishraq Al Sebaie, Under-Secretary of the General Health and Population Ministry of Yemen, with the financial rewards for the doctors ...

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• 24 June

  Adnec, Seha partner for Abu Dhabi International Boat Show

  

  Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (ADNEC) has announced its partnership with SEHA as Official Healthcare Provider for the inaugural edition of the Abu Dhabi International Boat Show (ADIBS) 2018, which will be held from October 17-20 at the Abu Dhabi National Exhibition Centre. SEHA will be present at the show with a fully equipped mobile ...

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• 24 June

  Saudi vows decisive oil supply boost to comfort consumers

  

  Bloomberg Saudi Arabia promised to act decisively to keep oil prices under control, signalling a real supply boost approaching 1 million barrels a day is on the way to global markets. “We will do whatever is necessary to keep the market in balance,” Saudi Energy Minister Khalid Al-Falih told reporters, while sitting alongside his Russian counterpart Alexander Novak at OPEC ...

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• 24 June

  Egypt sets stage to end LNG tenders, resume exports

  

  Bloomberg Egypt may have just issued its last LNG tender, setting the stage to resume exports next year. Imports of liquefied natural gas may stop in the fourth quarter, allowing for exports to start early next year as Eni SpA’s Zohr and other gas fields boost production in the country and help to draw more foreign investment, Petroleum and Mineral ...

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• 24 June

  Chinese province aims for another clean power milestone

  

  Bloomberg A sparsely populated Chinese province that is home to the headwaters of the Yellow and Yangtze rivers is poised for another clean energy milestone. The northwest Chinese province of Qinghai is aiming to use only electricity generated from renewable sources, including hydroelectric pow-er, to supply its population of nearly 6 million over a nine-day period that started June 20, ...

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• 24 June

  No timeframe to revisit China listing, says Xiaomi

  

  Bloomberg Xiaomi Corp. said it hasn’t set a timeframe to revive an offering of Chinese depository shares, a delay that could hurt China’s ambitions to lure its tech giants to list in the domestic market. The Chinese phonemaker had no dispute with China Securities Regulatory Commission on the proposed listing, Chief Financial Officer Chew Shou Zi said at a briefing ...

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