July, 2023

• 17 July

  DSCE receives ISO 50001 and Net-Zero certifications for sustainable energy management

  

  DUBAI / WAM The Dubai Supreme Council of Energy (DSCE) has received the ISO 50001:2018 in energy management systems and the Net-Zero statement of verification and assurance certificate. This followed a comprehensive assessment conducted by W3 Solutionz – USA through CanaGulf International Standardisation. The new accomplishment adds to DSCE’s achievements in energy management systems and supports the transition toward a ...

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• 17 July

  Minister witnesses opening of new e& enterprise Innovation Centre

  

  DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, led the inauguration of the e& enterprise Innovation Centre. The centre aims to showcase the most recent and significant innovative digital solutions across various sectors, reinforcing the company’s visionary approach towards leveraging technology and fostering innovation to support environmental conservation and climate improvement. The launch of the ...

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• 17 July

  Mohammed bin Rashid issues directives to promote 8,385 officers, non-commissioned officers and other officials

  

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has issued directives to promote 8,385 high-ranking officers, non-commissioned officers and other officials from Dubai Police, the State Security Department in Dubai, the General Directorate of Residency and Foreigners Affairs in Dubai, and the General Directorate of Civil Defence in Dubai. ...

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• 17 July

  GMC proves UAE’s keenness to create platforms of expression: Greek envoy

  

  ABU DHABI / WAM The annual Global Media Congress (GMC) in Abu Dhabi serves as a crucial platform for fostering international media collaboration and knowledge exchange, showing the importance that the UAE attaches to creating platforms of expression in a wide area of fields, a top Greek diplomat told the Emirates News Agency (WAM). Antonis Alexandridis, the ambassador of Hellenic ...

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• 17 July

  KU launches UAE’s first MSc programme in Medical Physics

  

  ABU DHABI / WAM Khalifa University of Science and Technology and the Federal Authority for Nuclear Regulation (FANR) announced the UAE’s first Master of Science Programme in Medical Physics to train a cadre of medical physicists to contribute to the robust radiation protection infrastructure in the country. The programme will also strengthen their competencies and skills, combined with a planned ...

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• 17 July

  Adib launches ‘Istikrar’, UAE’s first fixed-rate home finance

  

  ABU DHABI / WAM Abu Dhabi Islamic Bank (Adib) announced the launch of its new product, ‘Istikrar’, the UAE’s first long-term, fixed-rate home finance. This product offers customers a consistent, fixed monthly installment throughout the chosen tenor rate, eliminating any variations or fluctuations. The new offering provides customers with more property financing options amid a high-rate environment. Fixed-term schemes offer ...

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• 17 July

  DMT delegation discusses to boost cooperation with Singapore

  

  ABU DHABI / WAM A delegation from Abu Dhabi’s Department of Municipalities and Transport (DMT) has visited Singapore to enhance cooperation and partnerships between the United Arab Emirates and Singapore. The delegation engaged in meetings with key government officials and stakeholders in urban development and sustainable transport to learn about the latest trends and innovations in municipal work and transportation. ...

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• 17 July

  Stocks struggle as China weakness tempers risk-on

  

  BLOOMBERG Luxury and commodity stocks drove European stocks to their first decline in seven days on concerns about China’s sluggish economy. Investors prepared for the latest batch of earnings that’s handed Wall Street banks some of their best results even as other industries are poised to slump. Resources giants Anglo American Plc, Glencore Plc and Rio Tinto Plc dropped after ...

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• 17 July

  JPMorgan strategists predict euro-area stock weakness

  

  BLOOMBERG It’s too early go long euro-area stocks versus US peers again, according to JPMorgan Chase & Co strategists. “We believe there is another leg of underperformance ahead,” strategists led by Mislav Matejka wrote in a note on Monday, keeping an underweight view on euro-zone equities. The strategists expect further weakness ahead in the region, citing a worsening “growth-policy trade-off” ...

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• 16 July

  China intensifies military drills with Russia amid US sanctions

  

  BLOOMBERG  President Xi Jinping has resisted crossing Washington’s red lines over arming Russia’s war machine in Ukraine. But that hasn’t stopped China edging closer to Moscow’s military in another way: direct engagement. China and the armed forces of Vladimir Putin conducted six joint military exercises together last year, the most in data going back two decades. That accounted for two-thirds ...

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