July, 2016

• 13 July

  Students entitled to fair advantages, benefits upon hire

    Abu Dhabi / WAM Saqr Ghobash, Minister of Human Resources and Emiratisation, issued a Decree empowering students to complete training periods and fill positions in the private sector after obtaining their work permits. Conditions of the Decree stipulate the need for written consent by the guardianship of student aged between 12 and 18 years for training purposes, similarly to those ...

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• 13 July

  UAE co-hosts Tidewater meeting in Abu Dhabi

  

    Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MOFAIC) co-hosted in Abu Dhabi the Tidewater Development Cooperation Meeting, with the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD). The Tidewater Meeting convenes ministers and heads of major bilateral and multilateral aid agencies and development banks each year for a strategic conference ...

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• 13 July

  DEWA launches workshops on 4th-generation govt excellence

  

    Dubai / WAM The Dubai Electricity and Water Authority (DEWA) recently organised workshops to review strategies, and cascaded each division’s strategic plans and Balanced Scorecards within DEWA’s corporate strategy. The first workshop, held in cooperation between DEWA’s Strategy and Business Development and other divisions, took place in May. “Strategy is the cornerstone of our success and the means by which ...

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• 13 July

  Noor Bank celebrates listing of $500mn Sukuk on Nasdaq Dubai

  

    Dubai / Emirates Business Hussain Al Qemzi, CEO, Noor Bank, one of the fastest growing Islamic banks in the region, on Wednesday rang the market-opening bell to celebrate the listing of Noor Bank’s USD 500 million debut Tier 1 Sukuk on Nasdaq Dubai. It was the 11th Sukuk listing in Dubai this year, as well as the first perpetual ...

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• 13 July

  Cameron bows out, urges close post-Brexit ties to EU

  

    London / AFP Outgoing British prime minister David Cameron urged his successor Theresa May on Wednesday to maintain close ties with the EU even while negotiating to leave it, as he paid a fond farewell to MPs hours before leaving office. In his final question and answer session in the House of Commons, Cameron said he would “miss the ...

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• 13 July

  Kerry to meet Putin to save Syria peace process

  

    WASHINGTON / AFP A frustrated US Secretary of State John Kerry is heading back to Moscow once again to meet President Vladimir Putin and test his commitment to the stalled Syrian peace process. Russia and the US are nominally co-chairs of international efforts to bring Bashar al-Assad’s regime to the negotiating table with armed opposition groups. But ferocious bloodshed continues ...

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• 13 July

  Hollande, Merkel, Renzi to hold August Brexit summit: Paris

    Paris / AFP French President Francois Hollande, German Chancellor Angela Merkel and Italy’s Prime Minister Matteo Renzi will meet in August for a summit on Britain leaving the EU, the French presidency said on Wednesday. On the day that Theresa May takes over as the post-referendum British prime minister, French government spokesman Stephane Le Foll said “a summit or meeting” ...

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• 13 July

  France shuts missions in Turkey until further notice over security

  

    Ankara /AFP France on Wednesday said it had closed its embassy in the Turkish capital Ankara and its consulate in Istanbul until further notice for security reasons, after cancelling events to mark the July 14 Bastille Day holiday. “The Embassy of France in Ankara, as well as the Consulate General in Istanbul will be closed from Wednesday July 13, ...

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• 13 July

  Obama makes call for unity at Dallas memorial

  

    Dallas, United States / AFP President Barack Obama implored Americans of all races to show more unity and understanding as he addressed an emotional memorial for five slain policemen in Dallas. The president, accompanied by First Lady Michelle Obama, leaned heavily on scripture as he ministered to a country stunned by gun violence and torn asunder by race and ...

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• 13 July

  Stocks climb with copper as Brexit-induced volatility subsides

  

    Bloomberg Wherever you look in global financial markets, signs are emerging that the fallout from Britain’s vote to leave the European Union is under control. Global stocks rose a fifth day, reclaiming almost $4 trillion in value lost in the days following the U.K.’s referendum as speculation grows that central banks will boost stimulus at the same time signs ...

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