April, 2018

• 24 April

  Italy picks new mediator in search for majority

  Bloomberg Italian President Sergio Mattarella asked lower house Speaker Roberto Fico to find out whether the anti-establishment Five Star Movement could govern with the center-left Democratic Party, in the latest attempt to break a seven-week impasse. The head of state appointed 43-year-old Fico, from Five Star, to hold talks on his behalf and report back to him by Thursday. Senate ...

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• 24 April

  Mueller reviewed Manafort testimony on Russian Deripaska

  

  Bloomberg Special Counsel Robert Mueller and FBI agents seized tens of thousands of items from the home of Paul Manafort and have also reviewed testimony that he gave in a civil lawsuit about a protracted business dispute with Russian oligarch Oleg Deripaska. Mueller, who is investigating Russian interference in the 2016 election, disclosed his review of the Deripaska-related testimony in ...

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• 24 April

  Etisalat revenue grows 5 percent to reach AED13.1 billion in Q1

  

  Abu Dhabi / Emirates Business Etisalat Group on Tuesday announced its consolidated financial statements for the three months ending March 31. Etisalat Group announced that consolidated revenues in Q1 amounted to AED 13.1 billion, representing an increase of 5 percent year over year. In the UAE, the revenue of the company in first quarter increased year on year by 3% ...

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• 24 April

  Sheikh Zayed Grand Mosque receives 516,000 visitors, worshippers

  

  Abu Dhabi / WAM The Sheikh Zayed Grand Mosque in Abu Dhabi received 516,141 visitors and worshippers in March of various nationalities, from both inside and outside the country. The Sheikh Zayed Grand Mosque Centre (SZGMC), organised many events in March, in line with its leading cultural role and its efforts to promote the values of tolerance and coexistence, according ...

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• 24 April

  UAE nationals to get visa on arrival in Tonga from May 24

  Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC), announced that UAE nationals can travel to the Kingdom of Tonga without the need for a pre-visa as of May 24, and can stay for up to 60 days during each visit. Ahmed Alham Al Dhaheri, Assistant Under-Secretary for Consular Affairs at MoFAIC, said that Emirati nationals ...

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• 24 April

  HAAD signs MoUs with UK health authorities

  Abu Dhabi / WAM The Department of Health – Abu Dhabi (HAAD), signed two Memoranda of Understanding, (MoUs), with British health authorities. The first agreement was signed with the UK Healthcare Commission and the second MoU with the Human Fertilisation and Embryology Authority (HFEA). The signing of the two MOUs was held on the sidelines of the UAE-UK Business Council ...

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• 24 April

  Manazel wins housing and urban development award

  Abu Dhabi / WAM Manazel Real Estate won the Housing and Urban Development Award at the 2018 Global Infrastructure Congress, GIC. The award was presented by Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development. The award is a recognition of Manazel’s ‘Ghantoot Waterfront Project’ and its continued support for public and private developments and promoting energy efficiencies ...

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• 24 April

  Dubai South launches initiatives to stimulate economic growth

  

  Dubai / WAM Dubai South announced the launch of a diverse number of initiatives that aim to attract investment and provide incentives to the private sector. These initiatives come directly in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to stimulate economic growth and reduce the cost ...

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• 24 April

  Aramco set to increase oil-trading volume to 6 million barrels a day

  

  Bloomberg Saudi Aramco, the world’s biggest oil exporter, plans to trade as much as 6 million barrels a day, a jump in volume that would put it in the top tier of companies that buy and sell crude and refined products. The trading arm of the state-run giant known officially as Saudi Arabian Oil Co. currently handles between 3.3 million ...

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• 24 April

  Goldman says oil rally won’t hurt demand

  Bloomberg Goldman Sachs Group Inc. sees oil’s rally the same way as Saudi Arabia: it won’t check the world’s soaring thirst for crude. Oil’s surge to the highest level in more than three years will in fact spur fuel demand as swelling reserves of Middle East petrodollars are reinvested overseas and stimulate the global economy, Goldman’s head of commodities research ...

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