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DUBAI/ WAM Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues in the region and steering investment and financial requirements towards a more environmentally responsible approach. Bashar Al-Natoor, Global Head of Islamic Finance and Managing Director at Fitch Ratings, expressed optimism about COP28’s potential to accelerate the issuance of sustainable bonds in ...
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November, 2023
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19 November
UAE aid convoy sets off towards Rafah crossing, bound for Gaza Strip
Al ARISH/ WAM A UAE humanitarian aid convoy set off today from Al Arish, Egypt, towards the Rafah Border Crossing today, in preparation for its entry into the Gaza Strip. The aid will be distributed under the UAE’s supervision as part of the ‘Gallant Knight 3’ humanitarian operation, launched under the directives of President His Highness Sheikh Mohamed bin Zayed ...
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19 November
Meituan exploring acquisition for Delivery Hero’s Southeast Asia arm
BLOOMBERG Meituan is exploring a potential acquisition of Delivery Hero SE’s business in Southeast Asia as the Chinese delivery giant looks to diversify beyond its domestic market, according to people familiar with the matter. Meituan has held talks with Delivery Hero about buying Southeast Asian operations that run under the Foodpanda brand, the people said, asking not to be identified ...
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19 November
Walmart sinks on cautious consumer outlook, late-October dip
BLOOMBERG Walmart Inc’s stock fell the most in more than a year as the retailer struck a concerned tone on the outlook for US shoppers after signs of weakness in the second half of October. There was a “sharper falloff” in sales during the last two weeks of the fiscal third quarter, which ended on October 31, said Chief Financial ...
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19 November
Gulf Intervention Society concludes its 5th annual conference
DUBAI / WAM The Gulf Intervention Society (GIS) concluded its fifth annual conference in Dubai, successfully bringing together over 1,450 participants from around the globe. Held from November 16-18, at the Intercontinental Festival City Hotel, Dubai, the conference focused on cutting-edge international technologies and advancements in cardiac catheterisation and interventional surgeries. The event garnered widespread international participation, with researchers, specialists, ...
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19 November
Abu Dhabi Police’s patrols decked with COP28 logo
ABU DHABI / WAM The Abu Dhabi Police General Headquarters has decorated 150 patrols with the official logo of the 28th Session of the Conference of the Parties (COP28) to the UN Framework Convention on Climate Change (UNFCCC), which the UAE will host from November 30 to December 12 in Expo City Dubai. The patrols were decked with the slogan ...
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19 November
Al Shindagha Days sheds light on Dubai’s maritime heritage
DUBAI / WAM Dubai Culture and Arts Authority (Dubai Culture) is organising ‘Al Shindagha Days’ to promote Emirati maritime heritage, and the sea’s impact on community life and its beauty and history via diverse activities, heritage performances, and interactive workshops that explore the relationship of the Dubai residents with the sea and the nature of the traditional handcraft. The festival, ...
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19 November
Mohammed bin Rashid announces star ratings of 124 federal, government service channels
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the 2023 evaluation of results of the Government Global Star Rating System for Services in the UAE. Comprising the fifth evaluation cycle of service centres and the second evaluation cycle of contact centres and digital channels, the ...
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19 November
Big US airlines fight over safety of ‘travel hack’ charter flights
BLOOMBERG Four of the US’s five largest airlines are squaring off in a debate roiling the domestic aviation industry over the regulation of so-called public charter flights. The issue has come to a head over the rapid growth of charter operators like Dallas-based JSX that compete with regularly scheduled flights from smaller, private terminals without long security and boarding lines. ...
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19 November
Khaled bin Mohamed bin Zayed, Hamdan bin Mohammed bin Rashid launch Sirb implementation phase by UAE industrial sector
ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, and HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, have launched the execution phase of the Sirb programme, marking a historic moment in the ...
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