April, 2018

• 22 April

  QPQ International to launch futuristic networking platform

  DUBAI / Emirates Business QPQ International, an innovative online networking platform that embraces three of the biggest trends of the future including sharing economy, artificial intelligence and blockchain principles would be launching in the UAE this week. The state-of-the-art platform will cater to established business owners, entrepreneurs, SME’s, influencers and high-net worth individuals, to help them network and collaborate on ...

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• 22 April

  Azimut Yacht’s La Dolce Vita 3.0 lands in Milan

  

  Milan / Emirates Business Azimut Yachts selected the prestigious context of Triennale Design Week, to showcase a real 21-meter yacht, the S7, which took pride of place at the Palazzo dell’Arte. The yacht was featured in a light design performance that showed off its outline and style details, adding poetry to the installation, created by FeelRouge Worldwide Show. Azimut Yachts ...

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• 22 April

  90,000 businesses to pay taxes by April 29: FTA

  Abu Dhabi / WAM The Federal Tax Authority (FTA), revealed that approximately 90,000 businesses registered for Value Added Tax (VAT), are required to submit their tax returns and pay their taxes no later than April 29. Over 85,000 of these companies had their first quarterly tax period end in March, while the remaining businesses saw their monthly periods end on ...

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• 22 April

  DED-DFZ Council deal to facilitate business for free zone entities

  

  Abu Dhabi / Emirates Business The Department of Economic Development (DED), in Dubai signed a memorandum of understanding (MoU), with the Dubai Free Zones (DFZ), Council to facilitate business operations for free zone based companies. The collaboration is driven by the shared commitment of the two entities to reinforce Dubai as the number one global hub for attracting businesses, facilitating ...

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• 22 April

  Sheikha Fatima provides additional $1mn to support refugee women’s fund

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, FDF, who is also the Honorary President of the Emirates Red Crescent, ERC, has provided additional support of $1 million to the Fund for Refugee Women. The ...

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• 22 April

  Abu Dhabi reviews gender, foreign policy, security issue

  Abu Dhabi / WAM The Emirates Diplomatic Academy (EDA), on Sunday organised the Mena Diplomacy Dialogue, discussing ‘The Role of Gender in Foreign and Security Policy,’ to review the role of gender in addressing the role of women in achieving security and maintaining peace. Dr Nawal Al-Hosany, Deputy Director-General of EDA, said that despite relentless international calls for women to ...

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• 22 April

  Summit tackles sustainability challenges facing global community

  

  Dubai / WAM The Sustainable Communities and Climate Change Summit (SCCCS), was held on Sunday, under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, to provide a dedicated platform to discuss major regional and international issues in relation to climate change and other sustainability challenges facing ...

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• 22 April

  US bond traders’ respite from flattening curve may prove brief

  

  Bloomberg Bond traders agonizing over the flattening US yield curve got a bit of a break last week. But with a flood of Treasury supply about to hit the market, they’ll have little time to catch their breath. The US will issue a combined $96 billion of two-, five- and seven-year notes this week, the largest slate of fixed-rate coupon ...

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• 22 April

  Carney’s hint of May rate hike puzzles pound pundits

  

  Bloomberg Money-market traders in the UK may have capitulated, but not the analysts. While currency pundits were jolted by Governor Mark Carney’s surprise hint that a rate increase by the Bank of England next month isn’t a foregone conclusion, they aren’t exactly doing an about-turn on their forecasts. ING Groep NV, Nomura International Plc, Credit Agricole SA, CBA Europe Ltd., ...

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• 22 April

  North Korea to close nuclear site, suspend missile tests

  

  Bloomberg North Korea has achieved its goal of developing a nuclear arsenal and is suspending further tests of atomic weapons or intercontinental ballistic missiles, its state-run media reported, citing leader Kim Jong-un. Kim said the regime’s nuclear test site will be shuttered, according to the Korean Central News Agency (KCNA). Punggye-ri, built in a secluded mountain valley northeast of Pyongyang ...

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