August, 2023

• 16 August

  UAE continues to provide relief to refugees in Chad

  

  ABU DHABI / WAM The United Arab Emirates is continuing its efforts to distribute food parcels to Sudanese refugees and the local community in the Republic of Chad. The operation is being carried out by the UAE’s humanitarian team, which includes the UAE’s Chad-based Aid Coordination Office, the Emirates Red Crescent, the Zayed bin Sultan Al Nahyan Charitable and Humanitarian ...

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• 16 August

  Pink Caravan invites all to join breast cancer awareness movement

  

  SHARJAH / WAM There is renewed vigour in the UAE’s fight against breast cancer as the leading non-profit, Friends of Cancer Patients’ (FOCP) Pink Caravan initiative calls on the public and private sectors as well as members of the community to get involved and contribute to its comprehensive Breast Cancer Awareness Month programme designed to heighten awareness on the key ...

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• 16 August

  ADSG marks 15 years of leading climate action

  

  ABU DHABI / WAM Abu Dhabi Sustainability Group (ADSG), founded by Environment Agency – Abu Dhabi (EAD) in 2008, is marking its 15-year anniversary, which coincides with the UAE Year of Sustainability. Through its efforts, the ADSG and its members have positioned Abu Dhabi as a leading hub for sustainability initiatives, setting a model for organisations worldwide for voluntary collaboration ...

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• 16 August

  UAE’s help brought Bangladeshi UN staffer back to life, says envoy

  

  ABU DHABI / WAM An abducted Bangladeshi employee of the UN in Yemen was completely hopeless at one point, but the UAE’s help brought him back to normal life, a top Bangladeshi diplomat told the Emirates News Agency (WAM). “During his 18-month long ordeal, he was ill and needed medication, but it was difficult for him to get medical support. ...

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• 16 August

  Economists convened by COP28 set out next steps to reform climate finance

  

  ABU DHABI / WAM A two-day meeting of world leading economists and finance leaders convened by the COP28 Presidency has delivered consensus on the key next steps needed to establish a new framework for international climate finance and to drive progress at COP28 and beyond to COP29 and COP30. World-leading economists from the Independent High-Level Expert Group (IHLEG) met with ...

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• 16 August

  Dubai Chamber of Commerce discusses future of private notary office services in workshops

  

  DUBAI / WAM Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, hosted two workshops focused on identifying and overcoming the challenges faced by private notary offices in Dubai. The sessions came as part of the chamber’s drive to engage with private sector companies and involve them in policymaking and advocacy efforts, with ...

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• 16 August

  National Bonds, PCFC ink pact to promote savings

  

  DUBAI / WAM National Bonds announced a new partnership with the Ports, Customs and Free Zone Corporation (PCFC), that aims to provide their employees with innovative savings and investment solutions. This partnership came into being considering the recent study conducted by National Bonds, which states that 76% of people are planning to save and invest in the UAE. Through this ...

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• 16 August

  Air India revamps logo, look of aircraft in bid to win fliers

  

  BLOOMBERG Air India Ltd unveiled a new corporate identity, including a modernised logo and a sleeker livery for its planes, as the former state-owned carrier spruces up its image under new owner Tata Group. The carrier will ditch its red arched window accents for a sleeker livery that will see its tail fin painted in hues of gold, red and ...

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• 16 August

  Home Depot earnings top estimates as DIY spending sustained

  

  BLOOMBERG Home Depot Inc earnings exceeded the average analyst estimate, suggesting that US home improvement spending is performing slightly better than expected following an unprecedented boom during the pandemic. Earnings per share were $4.65 on a diluted basis in the second quarter, above the average estimate compiled by Bloomberg. Comparable sales, another key metric, fell 2% in the quarter, a ...

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• 16 August

  Target jumps as profit gain overshadows cut to forecast

  

  BLOOMBERG Target Corp shares clawed back some of their recent losses after a surprising profit surge in the second quarter overshadowed the company’s increasingly cautious outlook on the rest of the year. Adjusted earnings more than quadrupled during the quarter ended in late July, Target said in a statement, reflecting the retailer’s progress in paring the bloated inventories that forced ...

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