April, 2018

• 18 April

  DMCC signs deal to boost trade relations with India

  

  DUBAI / WAM Dubai Multi Commodities Centre (DMCC), the world’s leading free zone for commodities trade and enterprise, signed a Memorandum of Understanding (MoU) with the Institute of Directors in India, during the 28th Word Congress on ‘Leadership for Business Excellence & Innovation’, taking place in Dubai. The MoU represents a commitment from both parties to strengthen ties, increase knowledge ...

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• 18 April

  UAE prioritises youth development

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, honoured on Wednesday local schools and universities who won the Think Science Competition 2018, at a ceremony held at the Dubai World Trade Centre (DWTC). His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of ...

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• 18 April

  FTA urges businesses to file tax returns by Apr 29

  

  Abu Dhabi / WAM The Federal Tax Authority, FTA, has called on businesses registered for Value Added Tax (VAT), and whose quarterly and monthly tax periods ended by March 31, to file their tax returns and pay their due taxes by April 29. In a press statement, the authority explained that according to the Federal Decree-Law No. (8) for 2017 ...

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• 18 April

  DCT Abu Dhabi organises ‘Zayed Loyalty March’

  Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, organised the Zayed Loyalty March, to mark the ‘Year of Zayed’ and the centenary of the birth of the late Sheikh Zayed bin Sultan Al Nahyan. The march – which is an embodiment of the love, loyalty and gratitude that the Emirati nation have ...

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• 18 April

  Sustainable communities, climate change summit in Dubai on Apr 22

  Dubai / WAM Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, the Sustainable Communities and Climate Change Summit (SCCCS), will be organised by the Ministry of Climate Change and Environment (MOCCAE), in partnership with the Dubai Land Department and Majid Al Futtaim, on April 22 ...

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• 18 April

  Fujairah oil product stocks down by 2.6%

  Fujairah / WAM Total oil product stocks in Fujairah stood at 18.134 million barrels, down 2.6 percent or 486,000 barrels from a week earlier, following a sharp draw in middle distillates stocks, according to the latest data from the Fujairah Energy Data Committee, or FEDCom. Stocks of middle distillates were down by more than a quarter to 2.119 million barrels, ...

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• 18 April

  UAE to host Gavi 2018 mid-term review in Dec

  Abu Dhabi / WAM Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation, announced that the UAE will host the Gavi 2018 mid-term review. The high-level conference will be held in Abu Dhabi on December 10-11, and will lay out a vision for the future of the Gavi model, providing an opportunity to take stock of Gavi’s performance ...

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• 18 April

  DIFC’s new strategies to catalyse economic growth of Dubai

  

  Dubai / WAM The Dubai International Financial Centre (DIFC), on Wednesday announced three new strategic initiatives as part of the economy-boosting initiatives recently reviewed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, aimed at catalysing economic growth in Dubai and cementing its global status as a competitive business destination. ...

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• 18 April

  US stocks advance on earnings, oil as bonds fall, Treasuries slide

  

  Bloomberg US stocks edged higher as investors parsed a mixed bag of earnings and energy producers got a boost from rising oil prices. Treasuries fell. The S&P 500 Index gained for a third day, but technology shares were under pressure as IBM Corp. tumbled after posting weak results. Morgan Stanley’s record profit lifted bank shares. Oil surged about 2 percent ...

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• 18 April

  Nasdaq reviews systems over Nordic shutdown

  

  Bloomberg Nasdaq Inc. is reviewing its systems to avoid a repeat of an hours-long shutdown in trading across the Nordic and Baltic markets, which prompted regulators to question its preparedness and forced Sweden to postpone a bond auction. Trading went down on Wednesday morning across the region and didn’t start up after an “errant fire extinguisher system” caused “connectivity issues” ...

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