June, 2023

• 20 June

  Abdullah bin Zayed receives minister of foreign affairs of Uzbekistan

  

  ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, received Bakhtiyor Saidov, Minister of Foreign Affairs of Uzbekistan, at the headquarters of the Ministry of Foreign Affairs (MoFA) in Abu Dhabi. During the meeting, the two sides discussed the relations between the UAE and Uzbekistan and ways of enhancing their cooperation in various ...

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• 20 June

  MBRSC announces June 27 as launch date for first PHI mission

  

  DUBAI / WAM The Mohammed Bin Rashid Space Centre (MBRSC) has announced the scheduled launch date for the first mission of the Payload Hosting Initiative (PHI)-Demo. The mission is set to launch on June 27, 2023, at 15:34 GST from Russia’s Vostochny Cosmodrome aboard the Soyuz-2 rocket. The PHI-Demo mission is a joint initiative between MBRSC and the United Nations ...

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• 20 June

  Surge in China’s demand for gold slows as economy stumbles

  

  BLOOMBERG The jitters affecting the world’s second-biggest economy are starting to feed through into China’s gold market. A surge in purchases by Chinese residents, driven by pent-up demand after three years of pandemic restrictions and optimism that the economy would quickly rebound, is starting to slow — yet another sign that the recovery is losing momentum. China vies with India ...

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• 20 June

  Stocks drop as investors face gut check on Q2 rally

  

  BLOOMBERG Stocks fell with US Treasuries as the second-quarter (Q2) rally met resistance from economic headwinds and signs that positioning is overbought.The chemical industry led declines in Europe after Lanxess AG slumped as much as 15% on a profit warning, dragging shares of peers including BASF SE lower. Drug maker Sanofi gained the most since March after a favourable arbitration ...

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• 20 June

  UAE committed to supporting refugees worldwide: Hamdan bin Zayed

  

  ABU DHABI / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), reaffirmed the UAE’s dedication to standing by refugees around the world. Sheikh Hamdan made the remarks on the occasion of the annual World Refugee Day, observed worldwide on 20th June, “Under the directives of President His ...

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• 20 June

  Etihad Air ways launches inaugural flight to Lisbon

  

  ABU DHABI / WAM Etihad Airways, the national airline of the UAE, touched down for the first time in Lisbon, marking the launch of regular services between Abu Dhabi and the Portuguese capital. The inaugural flight, EY63, was celebrated at Abu Dhabi Airport before take-off with Fernando Figueirinhas, ambassador of the Republic of Portugal to the UAE, and Chris Hedlin, ...

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• 20 June

  DIFC to build Dubai AI & Web 3.0 Campus

  

  DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, today announced it will build the “Dubai AI & Web 3.0 Campus”, the largest cluster of Artificial Intelligence and tech companies in the Mena region. The announcement comes in implementation of the directives of HH Sheikh Maktoum ...

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• 20 June

  Mbank, Khalifa Fund launch ‘corporate banking platform’

  

  ABU DHABI / WAM Al Maryah Community Bank (Mbank), in collaboration with Khalifa Fund for Enterprise Development, announced the launch of its Corporate Banking Platform. The platform offers all types of businesses the ability to open a fully digital business bank account through the Mbank UAE mobile application in six steps with zero minimum balance, and zero monthly fees; revolutionising ...

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• 20 June

  Mubadala’s DPG, Tata Power join forces for clean electricity

  

  ABU DHABI / WAM Mubadala Investment Company on Monday announced a landmark partnership between its investee companies, Princeton Digital Group (PDG) and Tata Power Renewable Energy Limited for the supply of clean electricity to one of PDG’s flagship data centres in India. Under the terms of the agreement, PDG, a leading Pan-Asia data centre operator, and Tata Power Renewables, one ...

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• 20 June

  UAE President, Malta counterpart discuss strengthening bilateral ties

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday met with George Vella, President of Malta, who is on an official visit to the UAE. At the start of the meeting, which took place at Al Shati Palace in Abu Dhabi, His Highness welcomed President Vella and his accompanying delegation. He expressed the ...

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