June, 2018

• 26 June

  Dubai to get world’s largest vertical farming facility

  

  Dubai / Emirates Business Emirates Flight Catering (EKFC) and Crop One will co-invest $40 million to build the world’s largest vertical farming facility near Al Maktoum International Airport at Dubai World Central. The project is a joint venture (JV) with US-based Crop One Holdings, the world’s leading vertical farm operator. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and ...

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• 26 June

  Year of Zayed immigration stamps launched

  

  Abu Dhabi / Emirates Business In partnership with The Department of Immigration, Abu Dhabi International Airport (AUH) has rolled out new immigration stamps commemorating the Year of Zayed. All travelers requiring an entry or exit stamp while traveling to or from the airport will receive a special Year of Zayed themed mark in their passport, replacing the regular immigration stamp ...

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• 26 June

  ERC continues aid distribution to liberated areas of Hodeidah

  Hodeidah / WAM Emirates Red Crescent (ERC), teams continue to distribute humanitarian and food aid to the people of the liberated areas in Hodeidah governorate and surrounding areas within the framework of UAE’s relief bridge to improve the living conditions of Yemenis, alleviate their suffering, and stabilise the current humanitarian situation in Yemen. The move is in line with the ...

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• 26 June

  Al Zeyoudi leads UAE delegation to Netherlands

  Dubai / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, is leading a UAE delegation on an official visit to the Netherlands that aims to explore new areas of cooperation and exchange expertise in environmental protection, agriculture and livestock breeding. From June 26-28, the delegation is meeting with Carola Schouten, Dutch Deputy Prime Minister and ...

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• 26 June

  Etisalat offers post paid customers 6-month free access to ‘Apple Music’

  

  ABU DHABI / WAM Etisalat on Tuesday announced it is offering a six month free access to ‘Apple Music’ for its postpaid customers, giving them access to tens of millions of songs via iPhone, iPad, Apple Watch, Apple TV, and Mac, as well as PC or Android. Etisalat said its postpaid plans (New postpaid, Smart and Emirati) offer options for ...

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• 26 June

  China trade fight puts billions in US energy projects in doubt

  

  Bloomberg China Energy Investment Corp pledged almost $84 billion in shale gas and chemical manufacturing projects across West Virginia after President Donald Trump’s trade mission to Beijing in November, but when it came time to discuss details officials were a no-show. The chief executive and other officers of the world’s largest power company cancelled a visit to a petrochemical conference ...

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• 26 June

  Sempra Energy to meet activist investors to discuss a truce

  Bloomberg Sempra Energy met with activist investors Elliott Management Corp. and Bluescape Resources to try and reach a truce ahead of its analyst conference set for Thursday, according to people familiar with the matter. The two sides met in Washington to discuss whether Sempra would give the activists board seats and consider setting up a committee to weigh options to ...

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• 26 June

  US losing ground in race for energy efficiency

  

  Bloomberg Italy and Germany tied for first place in the worldwide energy-efficiency race, according to a biennial international scorecard released on Tuesday by the American Council for an Energy-Efficient Economy. France, the United Kingdom and Japan followed suit. The United States fell, from 8th in 2016, to 10th in the new ranking of the 25 largest energy-consuming countries in the ...

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• 26 June

  Idled Ghana oil refinery seeks finance guarantees

  Bloomberg Ghana’s state-owned oil refinery is seeking credit guarantees from the government after lenders declined to issue it loans for crude purchases, according to two people familiar with the matter. The Tema Oil Refinery, 29 kilometers (18 miles) east of the capital, Accra, halted production on June 21 after running out of crude stock, said the people, who asked not ...

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• 26 June

  Stocks mixed as trade worries linger; oil rallies

  

  Bloomberg US stocks fluctuated after the biggest selloff since April, as investors assessed the outlook for trade and its implications on global growth. The dollar rose and gold fell. The S&P 500 Index gyrated at its 50-day moving average, while the Dow Jones Industrial Average clung to small gains. Technology shares hit hardest bounced back to give the Nasdaq indexes ...

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