December, 2016

• 1 December

  ADIB repays $500 million sukuk

    ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) announced that it had repaid in full a US$500 million Islamic bond or sukuk from its own resources, reflecting what it said was its strong liquidity position amid difficult market conditions. The sukuk matured on November 30. The five-year sukuk, which were listed on the London Stock Exchange, were more ...

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• 1 December

  Oil prices jump after OPEC’s crude production deal

    London / AFP Oil prices rose on Thursday, building on a surge triggered by OPEC’s output decision. World crude prices soared almost 10 percent on Wednesday after OPEC hammered out a deal to cut oil output for the first time in eight years. Prices were up nearly 3 percent in Thursday trading. Joshua Mahony, market analyst at IG trading ...

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• 1 December

  Our economy maintained vibrant performance

  

    Abu Dhabi / WAM The government is confidently progressing to deliver indicators of the National Agenda leading to the UAE Vision 2021 which seeks to develop and improve conditions in areas of justice, security, economy, environment, living standards, housing, education, health and infrastructure, His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates, has declared. “The ...

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• 1 December

  UAE a nation of tolerance, peace, cultural diversity, and coexistence: Mohamed

  

    Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said that as we celebrate the 45th anniversary of the UAE National Day under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, we recall the intrinsic values that brought ...

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• 1 December

  I want every Emirati to keep this date in his heart and mind, says Sharjah Ruler

  Sharjah / WAM HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, said that variables and developments of life require everyone to act responsibly towards himself and his country and to work on developing his skills and abilities, respecting others’ abilities to be able to face the challenges of life. In a speech to Dira’a ...

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• 1 December

  Every year is a leap in journey of UAE’s great union, says Sheikh Mohammed

  

    Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai, said that celebrating National Day is a chance to evaluate the country’s achievements and performance during the past year, as every year is a leap in the journey of the UAE’s great union. His Highness Sheikh Mohammed added that securing ...

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• 1 December

  A procession towards future: Al Mansouri

    Abu Dhabi / WAM Observing the UAE National Day is a celebration of a process that started off smoothly and steadily toward a bright and promising future, based on the principles and noble values instilled by the late Sheikh Zayed bin Sultan Al Nahyan and other founding fathers, Mansour Al Mansouri, Acting Director-General of the National Media Council (NMC) has ...

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• 1 December

  Abdullah bin Zayed pays rich tribute to UAE founding fathers

    Abu Dhabi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Foreign and International Cooperation Minister, has paid a rich tribute to the UAE founding fathers on the occasion of the 45th National Day anniversary, citing the huge achievements scored by the UAE over the last four decades. In a statement to Nation’s Shield Magazine, HH Sheikh Abdullah said the ...

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• 1 December

  National Day anniv a memorable and genuine celebration: Sheikha Fatima

    Abu Dhabi / WAM The National Day anniversary has become a real historic event rooted in the heart and memory of the people of the UAE, thanks to the wise leadership for sailing the ship throughout the years, in peace, welfare and security, H.H. Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU) Supreme Chairwoman of the Family ...

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• 1 December

  Give Trump’s plans for infrastructure a chance

  

    Donald Trump’s plans for infrastructure spending are finally materializing, and they already have no shortage of critics. But I think the critics should ease up, and give the president-elect a chance. The plan’s most heavyweight critic is the Federal Reserve Chair Janet Yellen. In a recent speech to Congress, Yellen cautioned against spending too much on infrastructure, warning that ...

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