July, 2023

• 4 July

  Japan’s Mizuho on US hiring spree with underwriting goal in sight

  

  BLOOMBERG  Mizuho Financial Group Inc’s securities arm is boosting hiring in the US as it seeks to cement its position among the top 10 stock and bond underwriters in the lucrative market. The Japanese bank’s US unit plans to recruit more than 100 people for its investment banking and trading business by the end of March next year, according to ...

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• 4 July

  HSBC returns to private banking operations in India to tap growing wealth

  

  BLOOMBERG  HSBC Holdings Plc said it began private banking operations in India, marking a return to the market as Europe’s largest lender seeks to serve the nation’s growing rich. The business is aimed at professionals, entrepreneurs and their families with investable assets of more than $2 million, the London-based bank said in a statement. The move underscores how global wealth ...

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• 4 July

  Deutsche Bank hires Morgan Stanley’s Kim as M&A chief in Asia

  

  BLOOMBERG  Deutsche Bank AG has hired Samuel Kim, a veteran Morgan Stanley dealmaker, as the German lender continues to beef up its investment banking operations in Asia Pacific. Kim is joining Deutsche Bank as its chairman of mergers and acquisitions in Apac, according to an internal memo seen by Bloomberg News. He will be based in Hong Kong and report ...

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• 4 July

  UAE leaders congratulate US President on Independence Day

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Joe Biden of the United States of America on the occasion of his country’s Independence Day, which is marked on July 4. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE ...

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• 4 July

  Adafsa monitors agri-food establishments’ compliance

  

  ABU DHABI / WAM The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) is committed to ensuring the safety and health of workers in food and agricultural establishments in the emirate. It supervises the performance of these establishments and monitors their compliance with Abu Dhabi Occupational Safety and Health System Framework (OSHAD SF). The OSHAD SF aims to provide a ...

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• 4 July

  GPSSA issues discount cards for pensioners known as ‘Basmat Wafa’

  

  ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) has partnered with various government and private sector entities to launch the “Basmat Wafa” project, which provides various privileges to pensioners as a token of appreciation for their contributions in serving the nation. Basmat Wafa (known as Loyalty Fingerprint in English) is the second transformational project to be ...

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• 4 July

  ADPHC receives Thai delegation to discuss ways of cooperation

  

  ABU DHABI / WAM Abu Dhabi Public Health Center (ADPHC) welcomed a delegation consisting of representatives from several prestigious healthcare institutions in Thailand. The delegation was briefed on the best practices in public health management in Abu Dhabi, as well as the utilisation of technology and research in establishing public health systems that contribute to improving community health, preventing and ...

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• 4 July

  Sheikh Mansour chairs Ministerial Development Council meeting addressing initiatives, policies

  

  ABU DHABI / WAM Chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, the Ministerial Development Council held its meeting at Qasr Al Watan in Abu Dhabi, addressing a number of initiatives and policies to support the government work ecosystem. The council agenda discussed a number of government ...

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• 4 July

  Sharjah Ruler orders inclusion of SPGC, SCDA employees in housing loan installments

  

  SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has ordered that employees of the Sharjah Police General Command (SPGC) and Sharjah Civil Defence Authority (SCDA) be included in the grant of paying the installments of housing loans to Sharjah government employees. This means that the government will now pay the ...

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• 4 July

  Emirates NBD introduces ‘carbon market trading’

  

  DUBAI / WAM Emirates NBD has taken the lead in the region in offering carbon future contracts trading, fulfilling growing demand from corporations to manage their carbon emissions offsetting and align with the UAE’s Net Zero action plan. The group aims to continue being at the forefront of the rapidly evolving carbon trading landscape in the region, providing clients with ...

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