May, 2018

• 5 May

  ‘UAE will remain a key partner in enhancing stability in Arab region’

  Abu Dhabi / WAM On the occasion of the 42nd Armed Forces Unification Day, observed on May 6th, HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, said that the sacrifices of Emirati servicemen and people will continue “whenever there is a call for national duty to prove our solid Union to the world.” In ...

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• 5 May

  ‘Emiratis have engaged in battles of honour and glory in Yemen

  Abu Dhabi / WAM HH Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, has said that the Emirati citizen made victories and engaged in battles of dignity, honour and glory in ‘Operation Decisive Storm’ in Yemen. Speaking on the occasion of the 42nd anniversary of the Unification of the UAE Armed Forces, to ...

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• 5 May

  ‘Armed Forces spread UAE’s message for peace, stability’

  Abu Dhabi / WAM By playing a vital role in peacekeeping missions in different areas of the world, the UAE Armed Forces have carried and spread the UAE’s principles and its message for peace and stability, said Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs. In a statement made to mark the 42nd anniversary of the Armed ...

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• 5 May

  UAE heroes set glorious examples of sacrifice: RAK Rule

  

  Abu Dhabi / WAM His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras al-Khaimah, has said that the UAE Armed Forces’ Unification Day constitutes a precious and grand memory, graciously cherished by all Emiratis, thanks to the essential role played by the Armed Forces in supporting the country’s advancement. Sheikh Saud added that the ...

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• 5 May

  ‘Unification Day represents true beginning of transforming country’s military capabilities’

  

  Abu Dhabi / WAM Marking the 42nd UAE Armed Forces Unification Day, Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the Armed Forces, said that the unification of the Armed Forces represents the true beginning of transforming the nation’s military capabilities. In an interview with ‘Nation Shield’, the UAE’s military journal, Al Rumaithi added, “The UAE Armed ...

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• 5 May

  ‘Armed Forces a source of pride to all Emiratis’

  Abu Dhabi / WAM Mansour Ibrahim Al Mansouri, Director-General of the National Media Council (NMC), said the UAE Armed Forces represent the glories of the nation and are a source of pride to all Emiratis. In a statement he made on Saturday to mark the 42nd anniversary of the Armed Forces Unification Day, Al Mansouri said, “the UAE people remember ...

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• 5 May

  Total back to drill in South Africa as fuel network grows

  

  Bloomberg French energy giant Total SA plans to boost oil exploration and open more fuel stations in Africa’s most industrialized country. Total pumped a record amount of oil and gas in the first quarter and expects output growth to exceed its 6 percent target this year thanks to acquisitions and new projects from the Arctic to West Africa. In South ...

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• 5 May

  Flipkart board approves selling 75% stake to Walmart for $15bn

  

  Bloomberg The board of Flipkart Online Services Pvt has approved an agreement to sell about 75 percent of the company to a Walmart Inc.-led group for approximately $15 billion, according to people familiar with the matter, an enormous bet by the American retailer on international expansion. Under the proposed deal, SoftBank Group Corp. will sell all of the 20-plus percent ...

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• 5 May

  Toyota bets $1.1bn on SUVs in Canada with Trudeau help

  

  Bloomberg Toyota Motor Corp. is investing C$1.4 billion ($1.1 billion) in its Canadian operations to build traditional and hybrid RAV4 sport utility vehicles, banking on the nation’s manufacturing sector amid a cloud of uncertainty from Nafta talks. The Japanese automaker’s Canadian unit made the announcement at its plant in Cambridge, Ontario, alongside Prime Minister Justin Trudeau and Ontario Premier Kathleen ...

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• 5 May

  Shares gift to family helps wipe $2.6 billion off PC Jeweller value

  

  Bloomberg An Indian jeweller that saw its market worth reach $3.6 billion at the start of the year is now floundering at about a quarter of that value after one of its founders gifted some shares to family members, raising concern about the company’s governance. PC Jeweller Ltd. slumped about 40 percent in the past week after the company said ...

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