March, 2018

• 27 March

  US stock rally fades after surge in Asia, Europe; Treasuries rise

  

  Bloomberg A rebound in global stocks showed signs of fading in the US, with equities little changed after the best rally in two-and-a-half years. The S&P 500 Index fluctuated after European and Asian equities rallied to catch up with march 26’s surge in the US, spurred by speculation the world will avoid an all-out trade war. The dollar strengthened on ...

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• 27 March

  Saudi market climbed to 31-month high

  

  Reuters Saudi Arabia’s stock market climbed to a 31-month high on Tuesday, once again outperforming the rest of the region in anticipation of a positive decision by FTSE on Wednesday to include the kingdom in its secondary emerging markets index. The Saudi index rose 1.1 percent, bringing its gain so far this year to 9.9 percent. A positive decision by ...

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• 27 March

  UAE, South Korea keen to boost economic, investment relations

  

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Tuesday received the President of South Korea, Moon Jae-in, and his accompanying delegation, currently on an official visit to the country. Sheikh Mohammed bin Rashid welcomed the guest and expressed hope that the visit would result in ...

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• 27 March

  South Korean president reaffirms commitment to strengthen ties with UAE

  

  Dubai / WAM South Korea is committed to expanding cooperation with the UAE in new sectors as both countries push ahead with strategic plans to further develop their economies, President Moon Jae-in of South Korea, told government and business leaders at the UAE-Korea Business Forum on Tuesday in Dubai. Speaking at the forum, which will run until Wednesday, President Jae-in ...

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• 27 March

  Abu Dhabi hotel guest numbers rise 15.2% during February

  

  Abu Dhabi / Emirates Business Figures released by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) for its hospitality sector reveal that the number of hotel guests staying in the emirate during February rose 15.2% compared to the same month the previous year, with a surge in Chinese guests spearheading impressive increases for all key source ...

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• 27 March

  Emirates to start second daily flight to Prague from July 1

  

  PRAGUE / Emirates Business Emirates on Tuesday announced it will add a second daily flight between Dubai and Prague, after steadily growing passenger numbers on the route during the eight years since launch of operations in July 2010. The new Emirates flight will commence from July 1 to meet the increasing demand for both inbound and outbound travel. The second ...

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• 27 March

  Etihad launches Dreamliner on Geneva route

  

  Abu Dhabi / WAM Etihad Airways has launched its flagship Boeing 787 Dreamliner on the Abu Dhabi – Geneva route on March 25, beginning with the summer schedule. Geneva is the second Swiss destination after Zurich served by Etihad Airways’ next generation aircraft which is fast becoming the backbone of the Abu Dhabi-based carrier’s long-haul fleet. The three-class aircraft, featuring ...

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• 27 March

  NMC meet explores prospects of developing local media content

  

  ABU DHABI / WAM The National Media Council (NMC’s), Board of Directors has underlined the importance of developing local media content production to achieve the National Agenda 2021 and the UAE Centennial 2071 Plan, at its meeting, chaired by Dr Sultan bin Ahmad Al Jaber, Minister of State and NMC Chairman. Present at the meeting were Noura bint Mohammed Al ...

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• 27 March

  Image Nation forms strategic partnership with Futurism

  Abu Dhabi / WAM Image Nation Abu Dhabi and Futurism, a web science and technology publication, on Tuesday formed a wide-reaching content partnership. Through the new partnership, Image Nation and Futurism will develop and produce feature films and documentaries, along with scripted and unscripted television series. The companies will also collaborate across existing platforms to market and distribute content. This ...

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• 27 March

  SGH Dubai performs intestinal surgery on one-day-old infant

  Dubai / Emirates Business The pediatric surgery team in Saudi German Hospital Dubai (SGH Dubai) succeeded in saving an infant’s life suffering from a life-threatening gastric and intestinal dilatation. The medical team that consisted from neonatal intensive care doctors and pediatric surgery doctors did an urgent exploratory operation that ended up successfully. According to Dr. Kamalish Bal, Pediatric Surgery Specialist, ...

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