June, 2023

• 16 June

  UAE pledges $15mn to UN body to boost women empowerment

  

  NEW YORK / WAM The United Arab Emirates, a long-standing partner of UN Women, has reaffirmed its commitment to advance gender equality, the Women, Peace and Security agenda, as well as the empowerment of women and girls worldwide by committing an additional $15 million to UN Women over the next three years (2023-2025) through a pledge in New York. Noura ...

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• 16 June

  Sheikh Shakhboot bin Nahyan meets with President of Comoros

  

  MORONI / WAM Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, met with Azali Assoumani, President of the Union of the Comoros, to discuss relations between their countries and explore the potential for mutual investment opportunities to benefit the growth and prosperity of both countries. During the meeting, the two sides discussed a range of common interests, including the ...

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• 16 June

  Sheikh Abdullah, Deputy PM and Foreign Minister of Thailand discuss cooperation

  

  BANGKOK / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with Don Pramudwinai, Deputy Prime Minister and Minister of Foreign Affairs of the Kingdom of Thailand, as part of his working visit to Bangkok. The meeting touched upon bilateral relations between the UAE and Thailand and means to further develop prospects for joint cooperation ...

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• 16 June

  Global stocks head for best week since March this year

  

  BLOOMBERG Global stocks were headed for the best week in more than two months, buoyed by bets on Chinese stimulus and exuberance surrounding artificial intelligence firms. The MSCI World Index has climbed 3% this week, the most since the end of March. European shares advanced after Asian stocks staged a broad rally on Friday. US futures rose, after the S&P ...

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• 16 June

  Key stocks surge to record in India

  

  BLOOMBERG Key Indian stock indexes jumped to all-time highs as resilient company earnings and a brighter economic outlook continue to prompt domestic as well as foreign investors to pump more money into the market. The S&P BSE Sensex rose 0.7% to finish at 63,384.58 in Mumbai, while the NSE Nifty 50 Index advanced by a similar measure to 18,826.00. The ...

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• 16 June

  Unleash Your Adventurous Spirit: Prepare for the Most Thrilling Summer Celebration at IMG Worlds of Adventure!

  

  DUBAI / GULF TIME Get ready for the most electrifying summer experience of the year! The Summerfest Mega Celebration at the 1.5 million square feet – IMG Worlds of Adventure, with six epic zones is going to leave you on the edge of your seat, your heart racing with exhilaration. As an exciting kick-off to Summerfest’s run from June 24th ...

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• 16 June

  Explore a land before time this Eid at OliOli!

  

  ABU DHABI / GULF TIME Wondering how to spend this long Eid al Adha weekend? Put on your explorer hats and get ready to explore Dinos like never before in OliOli®️’s new temporary exhibition Dino Quest! Make unforgettable memories with the whole family in this thrilling exhibition where kids will discover the history of dinosaurs, create and take home their ...

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• 15 June

  Trading revenue to drop 20%, says Deutsche Bank

  

  BLOOMBERG  Deutsche Bank AG expects trading revenue to decline as much as 20% this quarter and it is the first major European investment bank to warn of a significant slowdown. Fixed income trading will drop 15% to 20% compared with the bumper quarter a year earlier, when it rose more than 30%, Chief Financial Officer James von Moltke said on ...

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• 15 June

  Companies’ global debt may exceed estimates: Philippines

  

  BLOOMBERG  The Philippine central bank plans to require the nation’s largest business groups to disclose their foreign-debt levels due to concern their exposure may be bigger than currently estimated. The monetary authority aims to send out requests in the next three to six months as it seeks to head off any potential risk to the Southeast Asian nation’s economy, according ...

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• 15 June

  DSCE reviews Dubai’s initiatives to support sustainable development

  

  DUBAI / WAM The Dubai Supreme Council of Energy (DSCE) organised a workshop to highlight key projects and sustainable energy systems that support the UAE Net Zero by 2050 strategic initiative, the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050. Representatives from the DSCE, the Executive Council, the Carbon Abatement Committee, and the C40 ...

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