June, 2017

• 3 June

  EPA discusses ways to improve UAE’s publishing sector

  

  Dubai / Emirates Business The most effective ways of improving the publishing and book industry in the UAE was the theme of a Ramadan gathering. Organised by Emirates Publishers Association (EPA) and attended by its President, Sheikha Bodour bint Sultan Al Qasimi, the Suhoor event saw local publishers invited to discuss the EPA vision, which is aimed at promoting the ...

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• 3 June

  Brand Dubai, Nakheel join hands to beautify emirate

  

  Dubai / WAM Brand Dubai, the creative arm of the Government of Dubai Media Office, and master developer Nakheel, have signed a Memorandum of Understanding (MoU) to collaborate on city beautification projects. The MoU will support Brand Dubai’s #DubaiSpeakstoYou initiative, as part of which it seeks to launch unique art projects aimed at beautifying the city. In the first flagship ...

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• 3 June

  SCCI urges private sector to support Al Dhaid Dates Fest

  

  Sharjah / WAM Sharjah Chamber of Commerce and Industry (SCCI), has called upon the private sector to support Al Dhaid Dates Festival, which will be held next month in Sharjah. Khalid bin Butti Al Hajeri, Director-General of the SCCI, emphasised that Al Dhaid Dates Festival is one of the most important tourism and marketing promotional initiatives on the chamber’s agenda. ...

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• 3 June

  Bridge linking Al Khail Road and Financial Centre Road hits 90% completion

  Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has announced that completion rate had exceeded 90 percent in the project works of the bridge running from Al Khail Road to the Financial Centre Road. Works in the AED177 million project, which is undertaken by RTA in coordination ...

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• 3 June

  UAE voluntary team treats children, elderly people in Sudan

  

  Khartoum / WAM The UAE Voluntary Team have launched the mobile clinics and hospital in the White Nile State, Sudan, to provide medical treatment to hundreds of children and elderly people there. The joint team of Emirati-Sudanese doctors supervise the campaign within the framework of the UAE Societal Voluntary Programme. The move comes in response to the official invitation from ...

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• 3 June

  TBHF calls for Zakat donations to help Iraq, Syria, Palestine refugees

  Sharjah / WAM As part of its efforts to alleviate the suffering of refugees and improve their quality of life, The Big Heart Foundation (TBHF), announced that it is welcoming all Zakat donations from individuals and corporations in the UAE. The funds generated from the campaign will go towards supporting refugees and displaced populations, particularly women and children. TBHF has ...

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• 3 June

  India to review $900bn export target in trade policy rejig

  

  Bloomberg India is set to prune its ambitious export target of $900 billion as Prime Minister Narendra Modi’s government works on reviewing the foreign trade policy amid continued global weakness and uncertainty. The reassessment comes as India slogs it out in negotiations for a regional trade deal that would account for almost 30 percent of global GDP and over a ...

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• 3 June

  Western Digital plans new offer for Toshiba chip unit

  

  Bloomberg Western Digital Corp. plans to present Toshiba Corp. with a revised offer for its memory chip unit next week in order to resolve an increasingly bitter conflict over the future of a business the two companies jointly own, according to a person familiar with the matter. The US company’s Chief Executive Officer Steve Milligan will travel to Tokyo next ...

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• 3 June

  China’s graduate salary slumps

  

  Bloomberg Wages for China’s newest college graduates are plunging even as their ranks rise to a record. That’s unwelcome news for the nation’s young elite, but it may aid policy makers striving to shift the economy into higher technology industries and services. Monthly salaries plummeted 16 percent to 4,014 yuan ($590) this year for a second-straight annual decline, data from ...

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• 3 June

  Chinese firm buys 253-yr-old crystal maker Baccarat

  Bloomberg French crystal maker Baccarat is changing hands 253 years after it was founded by royal decree of King Louis XV. Chinese investment company Fortune Fountain Capital Ltd. is buying a controlling stake from Baccarat’s private-equity owners for about 164 million euros ($184 million), according to a statement. The deal ends more than a decade of ownership by Starwood Capital, ...

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