July, 2017

• 8 July

  Small businesses in UAE post triple digit growth

  

  Dubai / Emirates Business Small businesses in the UAE seem to be defying economic odds, as 104 of the best performing SMEs in the country reported an average growth rate of slightly over 150% in 2016. These high-octane growth businesses were recently shortlisted as finalists of the 2017 Gulf Capital SME Awards; a programme launched 5 years ago by MEED, ...

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• 8 July

  ‘Jousoor’ initiative launched to nurture skills of Emirati youth

  ABU DHABI / WAM AlBayt Mitwahid, an initiative established by the staff of the Abu Dhabi Crown Prince’s Court has joined hands with Sandooq Al Watan, a nationwide initiative by leading Emirati entrepreneurs to support sustainable advancement and prepare for the post-oil era, and Al Khayarat Foundation, to launch the ‘Jousoor’ initiative aimed at developing the skills of Emirati students ...

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• 8 July

  DEWA awards AED46mn contract for Al-Sheraa building

  DUBAI / WAM Dubai Electricity and Water Authority (DEWA) has awar-ded a AED 46 million contract for the first phase of the construction of its new headquarters, called Al-Sheraa, to Dutco Balfour Beatty, who offered the lowest bid and competed with 10 leading international companies. The contract for Phase 1 includes shoring, dewatering, excavation, piling, fencing and associated works. Al-Sheraa ...

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• 8 July

  ACCI signs pact for AETEX 2018

  

  AJMAN / WAM The Ajman Chamber of Commerce and Industry (ACCI) signed an agreement with the Smart Solution Marketing, for the sixth edition of Ajman Education and Training Exhibition (AETEX) that will be held in 2018. The move is in line with the chamber’s keenness to support the educational sector and foster its sustainability and growth in Ajman and the ...

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• 8 July

  ‘TRA Innovation Camp’ launched

  DUBAI / WAM The Telecommunications Regulatory Authority (TRA) has announced the launch of ‘TRA Innovation Camp’ in its third edition, starting from tomorrow, until August 10. The camp aims to orient the younger generation towards future technological horizons, support exploration, innovation, future shaping and develop self-technical skills of the youth, in line with the country’s approach in the Information Communication ...

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• 8 July

  US unveils new Syria ceasefire after Trump meets Putin

  

  Bloomberg US President Donald Trump and Russian President Vladimir Putin agreed to impose a new cease-fire in southwest Syria in a bid towards resolving that nation’s intractable civil war, trying again to cooperate in an area where the two countries have repeatedly failed. Speaking after Trump and Putin met at the Group of 20 summit in Hamburg, Germany, Secretary of ...

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• 8 July

  Turnbull: Australia to speed missile defense development

  Bloomberg Australia will press ahead with a missile defense program to protect its forces, but a US shield system isn’t appropriate, Prime Minister Malcolm Turnbull said. The Terminal High Altitude Area Defense, or THAAD, system mentioned in recent briefings is “not really suitable for our situation,” Turnbull told reporters at the Group of 20 Summit on Friday. The meeting in ...

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• 8 July

  Himalayan stand-off makes it an awkward G-20 for Xi, Modi

  Bloomberg Things might have been a little awkward when Chinese President Xi Jinping and Indian Prime Minister Narendra Modi saw each other on the sidelines of the Group of 20 meeting in Germany. Far from the plush leaders events in Hamburg, China and India are facing the resurgence of a decades-long dispute over a remote area of the Himalayas. The ...

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• 8 July

  US bombers conduct drill in S Korea over Pyongyang threat

  

  Bloomberg Two US strategic bombers led a joint military exercise in South Korea on Saturday in response to this week’s launch by North Korea of an intercontinental ballistic missile capable of striking Alaska. The B-1B Lancers, deployed from the US base in Guam, conducted an air-to-surface firing drill in Gangwon province, near the border with North Korea, the US Air ...

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• 8 July

  May mulls political reset to deliver Brexit

  

  Bloomberg UK Prime Minister Theresa May is planning to relaunch her political mission to deliver Brexit and help ordinary working people, as she tries to put last month’s disastrous election result behind her, according to a senior government official. May is lining up significant interventions in the next week, including a major speech, setting out her commitment to social and ...

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