June, 2023

• 9 June

  Operation ‘Chivalrous Knight/2’ launches 4 new humanitarian initiatives in Syrian governorates

  

  LATTAKIA / WAM Operation “Chivalrous Knight/2”, which was launched by the Joint Operations Command of the Ministry of Defence under the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, announced a number of new humanitarian initiatives, in continuation of the UAE’s efforts for Syrian people to alleviate their suffering in the aftermath of the earthquake that ...

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• 9 June

  Zimbabwe lifts daily share-move limit to cope with price surges

  

  BLOOMBERG Share prices are rising so rapidly on Zimbabwe’s main stock exchange that the bourse is increasing the maximum move allowed in a single day. A new daily limit of a 15% move in the all-share index — up from 10% — will be implemented from Monday, Justin Bgoni, chief executive officer of the Zimbabwe Stock Exchange in Harare, said ...

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• 9 June

  Tesla shares climb on GM pact; US stock futures drift

  

  BLOOMBERG US stock futures indicated a pause after the S&P 500’s rally to a bull market, while the dollar headed for its biggest weekly loss in two months on bets that the Federal Reserve is nearing the end of its hiking cycle. Tesla Inc shares jumped 6% in pre-market trading and was on track to rise for an 11th straight ...

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• 9 June

  RAK Ruler receives Ambassador of Ireland

  

  RAS AL KHAIMAH / WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received at his palace at the Saqr bin Mohammed City, Alison Milton, Ambassador of the Republic of Ireland to the UAE. During the meeting, Sheikh Saud welcomed Milton and her delegation, and the two sides discussed ways to ...

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• 9 June

  Hamdan bin Mohammed launches Dubai Centre for Artificial Intelligence to accelerate AI adoption in government

  

  DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), Thursday announced the launch of the Dubai Centre for Artificial Intelligence (DCAI) at Emirates Towers, AREA 2071. The new Centre aims to assist government entities in ...

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• 9 June

  Khaled bin Mohamed bin Zayed attends graduation ceremony of 10th cohort of National Defence Course

  

  ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council of Abu Dhabi, has attended the graduation ceremony of the 10th National Defence Course cohort (2022-2023), held at Qasr Al Watan in Abu Dhabi. His Highness congratulated graduates and wished them success in their mission ...

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• 9 June

  Adnoc L&S wins $975m deal to build offshore artificial island

  

  ABU DHABI / WAM Adnoc Logistics and Services plc, a global energy maritime logistics leader, announced on Thursday that it has been awarded a $975-million artificial island construction contract by Adnoc Offshore. As part of Adnoc’s In-Country Value programme, at least 75% of the total contract value for dredging, land reclamation and marine construction of an artificial island “G” for ...

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• 9 June

  WAM, CTK sign pact to enhance news exchange

  

  ABU DHABI / WAM The Emirates News Agency (WAM) on Thursday signed a memorandum of understanding (MoU) with the Czech News Agency (CTK), aiming at strengthening and developing cooperation in news exchange. The MoU was signed virtually by Mohammed Jalal Al Rayssi, Director-General of WAM, and Jiri Majstr, CEO of CTK. The WAM-CTK collaboration is part of WAM’s efforts to ...

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• 9 June

  Mohamed bin Zayed issues law establishing National Academy for Childhood Development

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, has issued a law establishing the National Academy for Childhood Development, to be headquartered in Abu Dhabi as part of the Abu Dhabi Early Childhood Authority. The academy aims to offer education, training and lifelong learning programmes related ...

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• 8 June

  ECB officials urge higher interest rates

  

  BLOOMBERG  European Central Bank (ECB) officials called for interest rates to be lifted further — seeking additional reassurance on the inflation front as they look past more signs of weakness in the euro-zone economy. Dutch central bank chief Klaas Knot said he’s “not yet convinced that the current tightening is sufficient,” telling lawmakers in the Netherlands that “inflation could well ...

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