August, 2023

• 29 August

  Stocks advance as traders await raft of economic data

  

  BLOOMBERG European stocks gained for a second day as traders awaited a raft of economic figures over the next few days for clues on the outlook for global central bank policies. Miners and real estate led the advance in the Stoxx Europe 600 index after China pledged further measures to support its economy. NN Group NV jumped more than 10% ...

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• 29 August

  Yen to retreat to 1990 levels if BOJ stays dovish, says Goldman

  

  BLOOMBERG The yen will weaken to levels last seen more than 30 years ago if the Bank of Japan (BOJ) sticks to its dovish stance, according to forecasters at Goldman Sachs Group Inc. Over the next six months  the yen is projected to reach 155 per dollar — the weakest since June 1990 — according to the bank’s strategists led ...

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• 28 August

  Emirati youth are shapers of country’s future, says Nahyan bin Mubarak

  

  ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence and Chairman of Sandooq Al Watan, on Monday honoured the graduates of the second edition of the Jusoor Programme. This recognition came after 13 outstanding Emiratis completed the 12-week training programme, which included theoretical training at branches of major German companies in the UAE. They ...

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• 28 August

  Ministry receives credentials copy from new ambassador of Latvia

  

  ABU DHABI / WAM Saif Abdulla Al Shamisi, Assistant Under-Secretary for Protocol Affairs at the Ministry of Foreign Affairs (MofA), has received a copy of the credentials of Dana Goldfinca, ambassador of Republic of Latvia to the UAE. Saif Al Shamisi wished the new ambassador success in the performance of her duties and in enhancing bilateral relations and cooperation between ...

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• 28 August

  Sharjah to host first Gulf-Iraq Business Forum on September 26–27

  

  SHARJAH / WAM The emirate of Sharjah is gearing up to host the first-ever Gulf-Iraq Business Forum on September 26 and 27, under the patronage of HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah. This landmark event is an initiative of the Federation of GCC Chambers and is being organised in partnership ...

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• 28 August

  UAE President pens tribute on Emirati Women’s Day

  

  ABU DHABI / gulf time UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan penned a tribute to the women of the country, as the UAE marked Emirati Women’s Day on August 28. His Highness Sheikh Mohamed said on X platform, formerly known as Twitter, “To my dear mother, sisters, wife, and daughters… to all Emirati women, you inspire ...

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• 28 August

  PureHealth acquires UK’s Circle Health for AED4.4bn

  

  ABU DHABI / WAM PureHealth has signed an agreement to acquire Circle Health Group, the UK’s largest independent operators of hospitals, in a deal valued at AED4.41 billion. Circle Health Group joins a roster of world-class healthcare providers that make up PureHealth companies, including Seha — Abu Dhabi Health Services Company; Daman — Nation Health Insurance Co; PureLab — which ...

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• 28 August

  FHS Abu Dhabi gears up to ‘Focus on Investment’

  

  ABU DHABI / WAM The Future Hospitality Summit (FHS) and 19th edition of the Arabian Hotel Investment Conference (AHIC) is gearing up to check in to Hilton Abu Dhabi  Yas Island for three days of discussion, debate and dealmaking at the region’s leading tourism and hospitality summit, taking place from September 25-27. As the Middle East and Africa’s hospitality industry ...

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• 28 August

  e& capital invests in Ikigai Labs to bring generative AI to Mena

  

  ABU DHABI / WAM e& capital on Monday announced its participation in the Series A financing round for Ikigai Labs, a pioneering firm harnessing the power of generative AI for tabular data. Ikigai Labs has secured  $25 million in this round, with contributions from e& capital, Premji Invest, and Foundation Capital. The funding will advance Ikigai Lab’s vision of transforming ...

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• 28 August

  Sharjah Ruler approves 220 new jobs, 248 scholarships for postgraduates

  

  SHARJAH / WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the appointment of 200 employees at the Sharjah Electricity, Water and Gas Authority (SEWA) of various specialisations, in addition to approving 20 jobs in the Sharjah Broadcasting Authority (SBA) in Sharjah, the Central Region and the Eastern Region. His Highness ...

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