April, 2018

• 25 April

  Trump’s travel ban reaches high court amid claims of Muslim bias

  

  Bloomberg The US Supreme Court will directly confront President Donald Trump’s travel ban for the first time with arguments being made in a case that could redefine the president’s power to control the nation’s borders. Four months after letting the ban take full effect during the litigation, the justices were expected to weigh opponents’ contentions that the policy unconstitutionally singles ...

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• 25 April

  Stocks turn mixed as optimism ‘hijacked’ by rates; dollar rises

  

  Bloomberg US stocks pared losses as investors mulled the impact of rising US bond yields and disappointing earnings. The dollar resumed its rally, climbing to the highest in three months. “The sharp sell-off in rates has hijacked market sentiment,” Mark McCormick, the North American head of foreign-exchange strategy at Toronto-Dominion Bank, wrote in a note to clients. “The 3% level ...

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• 25 April

  Metal markets regain strength as aluminum supply becomes steady

  

  Bloomberg After three weeks of intense volatility, metal markets seem to be calming down. Aluminum steadied after a four-day selloff that accelerated after the US decision to ease sanctions against United Co. Rusal. Nickel advanced as the Philippines moved forward with a plan to limit the area of land miners are permitted to exploit. Most other metals were little changed. ...

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• 25 April

  Reading is key to development of knowledge transfer in region

  

  Abu Dhabi / WAM Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the 28th edition of Abu Dhabi International Book Fair (ADIBF), was officially inaugurated on Wednesday by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and ...

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• 25 April

  Dubai records 4.7mn international overnight visitors in Q1

  

  DUBAI / WAM Dubai’s tourism sector rallied strongly, steadily picking up pace through the first three months of 2018 in light of growing currency pressures as it continued to retain and grow share across global markets. Welcoming 4.7 million international overnight tourists from January-March 2018, the emirate posted a stable 2 percent increase in traffic versus the same period last ...

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• 25 April

  Macron’s pitch to Trump on ‘new’ Iran N-deal surprises EU allies

  

  Bloomberg French President Emmanuel Macron is pushing the limits of international diplomacy, as his last-ditch appeal to salvage the Iran nuclear deal wrong-footed European allies and was met with intransigence by US President Donald Trump. Macron, who has sought to cultivate a personal bond with Trump, made his Iran pitch the centerpiece of his visit to the White House. If ...

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• 25 April

  UAE calls for action against countries that support, finance terror

  New York / WAM The UAE has urged United Nations’ agencies and Member States to take collective action to identify countries that support and finance terrorism and hold them accountable. This call was made at the UN High-Level Meeting on Peacebuilding and Sustainable Peace by Zaki Nusseibeh, Minister of State and Head of the UAE delegation to the meeting. “An ...

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• 25 April

  Workshop on blockchain tech, cryptocurrencies held

  

  Dubai / WAM The Dubai Business Women Council (DBWC) in cooperation with the American University in Dubai, has organised a workshop at the Dubai Chamber of Commerce and Industry on blockchain technology and cryptocurrencies. The workshop is part of the council’s efforts to enhance the knowledge of its members on the latest topics and issues related to business and entrepreneurship. ...

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• 25 April

  UAE, Kenya sign MoU on domestic employment

  Dubai / WAM The UAE and Kenya have signed a Memorandum of Understanding (MoU), which aims to promote cooperation in the area of domestic employment. The MoU, which is complemented by a cooperation agreement on domestic workers, was signed by Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, and Ukur Yatani Kanacho, Minister of Labour and Social ...

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• 25 April

  UAE leads nationality ranking in Mena

  

  Dubai / WAM The UAE is the leading nationality in the MENA region, occupying the 46th position of out 167 nationalities, according to the 3rd edition of the Henley and Partners – Kochenov Quality of Nationality Index (QNI), which was launched in London on Wednesday. In the latest edition of QNI, the UAE nationality has significantly outperformed to become the ...

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