August, 2023

• 11 August

  Edge signs strategic pact with Brazil’s aero engine developer

  

  ABU DHABI / WAM Edge, one of the world’s leading advanced technology and defence groups, today signed a strategic agreement with Turbomachine, one of Brazil’s foremost turbine engine developers. Turbomachine specialises in research, innovation, and engineering and development of gas turbine engines and plasma assisted combustion solutions in the aerospace domain. The agreement will see Edge and Turbomachine work closely ...

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• 11 August

  Sharjah committee drives preparations for 2023 FNC elections

  

  SHARJAH / WAM The Committee for the 2023 Federal National Council (FNC) Elections in the emirate of Sharjah, which falls under the National Elections Committee, held a meeting to discuss the ongoing preparations for the upcoming FNC Elections in 2023. The meeting took place at the committee’s headquarters located within the Sharjah Consultative Council. During this meeting, led by Chairman ...

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• 11 August

  Asean Committee in Abu Dhabi underlines commitment to strengthening Asean-UAE ties

  

  ABU DHABI / WAM Asean Committee in Abu Dhabi (ACAD), a body of representatives of Association of Southeast Asian Nations’ member states in the UAE, has expressed its support for the efforts to further develop cooperation between Asean and the UAE. An ACAD meeting in Abu Dhabi pointed out that the UAE has become Asean’s Sectoral Dialogue Partner since August ...

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• 11 August

  Members of 2nd edition of ‘Young Arab Pioneers’ announced

  

  ABU DHABI / WAM The Arab Youth Centre, under the leadership of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, has unveiled members of the second edition of the ‘Young Arab Pioneers’ initiative on International Youth Day. These members reflect honourably on Arab youth around the world through their accomplishments, leaving a positive mark in communities and fields such ...

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• 11 August

  Great Arab Minds Initiative advances scientific, knowledge field in Arab world: Al Neyadi

  

  ABU DHABI / WAM Emirati astronaut Sultan Al Neyadi said that throughout history, the Arab great minds have left their positive and distinguished cultural mark, and stood out in many fields such as medicine, astronomy, science, and so on. He added that the Great Arab Minds Initiative embodies the belief of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

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• 11 August

  COP28 chief visits Barbados to keep focus on climate finance

  

  BARBADOS / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP 28 President-Designate, has visited Barbados to meet with Prime Minister Mia Motley and address distinguished leaders of the Caribbean Community (CARICOM). In his speech, Dr Sultan Al Jaber reaffirmed the COP28 Presidency’s commitment to support communities most vulnerable to the impacts of climate ...

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• 11 August

  UAE leaders congratulate President of Chad on Independence Day

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Mahamat Idriss Deby, Transitional Military Council Leader and President of Chad, on the occasion of his country’s Independence Day, observed on  August 11. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE ...

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• 11 August

  Nigeria’s economic policies too loose to support naira, says IMF

  

  BLOOMBERG Nigeria’s loose fiscal and monetary policies are creating excess liquidity, making it difficult for the naira to stabilise against the dollar two months after authorities allowed the currency to trade freely, the International Monetary Fund (IMF) said. Central bank transfers to the government are increasing the naira in circulation, depressing interest rates, discouraging savings and deterring the dollar inflows ...

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• 11 August

  European stocks drop, hawkish Fed put traders in risk-off mood

  

  BLOOMBERG European equities fell, tracking markets lower in Asia, as  concern about local government debt in China and hawkish language from a US central banker put traders in a risk-off mood.  The Stoxx 600 index dropped 0.8%, snapping two days of gains and trimming its fourth weekly advance in five. US equity futures edged lower and the 10-year Treasury yield ...

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• 10 August

  UAE President condoles Abdullah Al Ketbi on his mother’s passing

  

  AL DHAID / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday condoled Abdullah Muhair Al Ketbi, Minister of Federal Supreme Council Affairs, and his brothers on the passing of their mother during a visit to the condolence tent in Al Dhaid, Sharjah. His Highness expressed his sincere condolences and sympathy to the family of the ...

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