May, 2018

• 16 May

  Dubai Tourism, China’s Fliggy ink deal

  

  Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) signed a Memorandum of Understanding (MoU) with Fliggy, the online travel service platform of the global leading technology company, Alibaba Group. The MoU that aims to boost the number of Chinese tourists visiting Dubai through closer collaboration in integrated 360-marketing campaigns to strategic high-growth segments was signed ...

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• 16 May

  UBF, SWIFT host workshop on gpi

  Abu Dhabi / Emirates Business The UAE Banks Federation (UBF) and SWIFT, the world’s leading provider of secure financial messaging services, have organized a workshop in Abu Dhabi to raise awareness among professionals working in the ‘payments’ domain in the country’s banking and financial sector about SWIFT Global Payment Innovation (gpi) and compliance. The workshop, which attracted about 50 attendees, ...

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• 16 May

  Mashreq Bank wins five accolades

  

  Dubai / Emirates Business Mashreq Bank, the UAE’s leading financial institution, was honoured five times at the 2018 Insights Middle East Call Center Awards. The annual ceremony, now in its 13th edition, recognises the achievements and successes of call centres in the Middle East region. Mashreq Bank was presented with the ‘Call Centre of the Year; ‘Best Customer Experience in ...

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• 16 May

  Mohamed greets President, VP, Rulers on Ramadan

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, offered heartfelt greetings and best wishes to President HH Sheikh Khalifa bin Zayed Al Nahyan on the advent of the Holy Month of Ramadan. Sheikh Mohamed also offered greetings to Vice President, Prime Minister ...

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• 16 May

  US stocks advance as consumer shares get boost from Macy’s results

  

  Bloomberg US stocks advanced as consumer shares got a boost from Macy’s Inc.’s results and Treasuries rebounded from Tuesday’s selloff. The euro fell amid political uncertainty in Italy. The S&P 500 Index pushed above its average price for the past 100 days, with Macy’s results providing more insight into the strength of the American consumer. The 10-year note yield slipped ...

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• 16 May

  Oil trades near $71 as rising supply counters Middle East risk

  

  Bloomberg Oil traded near $71 a barrel as rising stockpiles and signs of slower demand growth countered concerns Iranian supplies will soon be curbed by sanctions. Futures dropped as much as 0.7 percent in New York. The International Energy Agency trimmed estimates for demand growth, and boosted those for supply, as prices have jumped to three-year highs. US industry data ...

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• 16 May

  Sheikh Mohammed attends AI event

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, attended on Wednesday part of training programme about Artificial Intelligence (AI), which was launched by the UAE government in partnership with Oxford University. Sheikh Mohammed was briefed about the training programme by Minister of State for Artificial Intelligence ...

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• 16 May

  Knowledge is the key to create a brighter future for Arab world

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has said that the UAE is keen on promoting innovation culture in government and among people, as well as spreading knowledge to build a generation of Arab innovators and future leaders. His Highness also said that the ...

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• 16 May

  President issues decrees on new foreign embassies, appointment of envoys

  Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued a number of Federal Decrees on the establishment of state embassies in the republics of Costa Rica and Mali and the appointment and transfer of a number of ambassadors and members of the diplomatic corps. The Decrees were published in the latest issue of the Official ...

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• 16 May

  Laws to regulate mosque care activities issued

  Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued Federal Law No. 04 of 2018 concerning the organisation of, and care for mosques. The provisions of the Law – published in the latest issue of the Official Gazette – apply to mosques, public and private prayer spaces and Eid Mussalas in the country. According to ...

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