May, 2023

• 12 May

  Latakia cleaners receive food, clothing from ERC

  

  LATAKIA / WAM As part of “Operation Gallant Knight 2” launched by the Joint Operations Command of the Ministry of Defence, the Emirates Red Crescent (ERC) provided food and clothing to more than 500 cleaners in Syria’s Latakia Governorate. The UAE has provided relief aid to Syrian families affected by the earthquake on February 6. It also launched the humanitarian ...

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• 12 May

  IHC net profit rises 20.5% to hit AED4.3 billion in Q1

  

  ABU DHABI / WAM  International Holding Company (IHC) on Friday announced its financial results for the first quarter of 2023. IHC recorded a group net profit of AED4.3 billion, representing a 20.5% increase compared to Q1 2022, with a net profit margin of 27.1%, demonstrating the continued momentum in executing its strategy and commitment to generating higher shareholder value. IHC ...

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• 12 May

  EDF, Engie JV reach financial close on Abu Dhabi’s road lighting LED project

  

  ABU DHABI / WAM   The Abu Dhabi Investment Office (Adio), in collaboration with the Department of Municipalities and Transport (DMT), on Friday announced that Phase 2 of the emirate’s energy-efficient Road Lighting LED public-private partnership (PPP) project had reached financial close. Nojoom, a 50-50 joint venture between EDF and Engie, was selected to deliver this key infrastructure project in the ...

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• 12 May

  Emirates goes digital, phases out paper boarding passes for flights

  

  DUBAI / WAM Taking a step forward in its drive to offer customers the convenience and assurance of digitally enabled travel journeys, Emirates will require most passengers departing Dubai to use a mobile boarding pass instead of a printed paper version, from May 15 onwards. Passengers checking in at Terminal 3 will receive their mobile boarding pass via email or ...

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• 12 May

  UAE tops world in five labour market competitiveness indices

  

  DUBAI / WAM The UAE has topped several global labour market indices issued by international entities and institutions in a new accomplishment that reflects UAE’s pioneering global model for development. The UAE ranked first globally in the Talent Attractiveness Index as per the Global Prosperity Index 2023, issued by the UK’s Legatum Institute. The UAE also led the world across ...

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• 12 May

  Sultan Al Jaber leads UAE delegation at GCC meetings

  

  MUSCAT / WAM Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, has led a high-level UAE delegation at a series of meetings attended by GCC ministers of industry and trade. The GCC Industrial Cooperation Committee and GCC Ministerial Committee for Standardisation meetings, held in Muscat, intended to strengthen industrial ties within the GCC and support regional sustainable economic ...

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• 12 May

  Hamdan bin Mohammed issues resolution on new Board of Governors of Hamdan Bin Mohammed Smart University

  

  DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has issued Executive Council Resolution No. (2) of 2023 on the formation of the new Board of Governors of the Hamdan Bin Mohammed Smart University. The new Board of Governors will be chaired by Mattar ...

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• 12 May

  Ajman Ruler, CP condole death of Sheikha Moza bint Zayed

  

  DUBAI / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman; and HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, have offered their condolences on the death of Sheikha Moza bint Zayed bin Saqr Al Nahyan. During their visit to the mourning majlis in Dubai, HH Sheikh Humaid and HH Sheikh ...

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• 12 May

  Sheikh Khaled bin Mohamed bin Zayed chairs first meeting of Abu Dhabi Executive Council

  

  ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, on Friday chaired the first meeting of the Executive Council at the Abu Dhabi Crown Prince Court. During the meeting, His Highness was briefed on a number of government plans and projects, as ...

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• 12 May

  Bitcoin sinks to lowest since March after falling for a second straight day

  

  BLOOMBERG Bitcoin slid for a second day, at one point dropping to the lowest level in two months as the token unwinds some of its 2023 rebound.The largest digital asset fell as much as 3.2% and was trading at $26,320 as of 8:30 a.m. in London. Second-ranked Ether and a gauge of the top 100 tokens also declined, but XRP ...

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