June, 2016

• 29 June

  China, Russia, Mongolia sign long-awaited economic partnership agreement

      Overshadowed by the news of the British referendum on European Union (EU) membership held the same day, on June 23 Presidents Xi Jinping of China, Vladimir Putin of Russia, and Tsakhiagiin Elbegdorj of Mongolia signed a trilateral economic partnership agreement in Tashkent, Uzbekistan during the 11th meeting of the Shanghai Cooperation Organization (SCO). The agreement consists of 32 ...

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• 29 June

  UAE to get first qualified investment real estate fund

  

    Abu Dhabi / Emirates Business UAE’s leading financial institution, Mashreq is in partnership with Arady Properties, an experienced Real Estate company set to launch the UAE’s first Qualified Investor Real Estate Fund which will be registered in the DIFC. The Sharia’h Compliant fund’s strategy will be the acquisition of select, income generating, diversified assets across the GCC with a ...

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• 29 June

  Abu Dhabi Duty Free opens e-commerce site

  

    Abu Dhabi / Emirates Business Designed to further enhance the passenger experience at Abu Dhabi International Airport (AUH), Abu Dhabi Duty Free has launched its website, www.ADDF.ae, to enable travellers to browse and shop online from where ever they are, prior to their arrival at the airport. The online store, which initially offers around 1000 of the most popular ...

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• 29 June

  Products of hope from behind bars

  

    Sharjah / Emirates Business Souq Al Jubail, a project of Sharjah Asset Management property and the largest fresh produce market in Sharjah, has allocated a dedicated space for products designed by inmates of the Sharjah Punitive and Correctional Establishment. The move is part of the management’s efforts to boost partnership with government parties in the Emirate of Sharjah and ...

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• 29 June

  iMall to open today with Eid celebrations

  

      Dubai / Emirates Business iMall, Sharjah’s newest mall, developed by Nice Home Real Estate — one of the leading real estate developers in the emirate of Sharjah — is all set to open its doors on June 30, with grand opening celebrations commencing on day one of Eid al-Fitr. Spread over a built-up area of 125,000 sq. ft., ...

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• 29 June

  41 dead in Istanbul airport attacks, Turkey blames IS

  

    Istanbul / AFP Turkey on Wednesday pointed the finger of blame at IS extremists after a triple suicide bombing and gun attack at Istanbul’s main international airport killed at least 41 people, including foreigners. Witnesses described scenes of terror and panic on Tuesday evening as the attackers opened fire and then blew themselves up at the entrance to the ...

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• 29 June

  Firebomb attack outside Australian mosque

    Sydney / AFP A firebomb attack outside an Australian mosque while worshippers were at prayer was condemned on Wednesday by Prime Minister Malcolm Turnbull, with one Islamic leader calling it a “hate crime”. No one was injured in Tuesday night’s blast which destroyed a car parked outside a mosque and Islamic college in the Perth suburb of Thornlie. “It ...

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• 29 June

  US-backed Syria rebels move on IS link to Iraq

    Beirut / AFP US-backed rebels advanced on a key IS group supply line between Syria and Iraq overnight, seizing a small airbase near the border, a monitor said on Wednesday. The New Syrian Army said the operation—launched on Tuesday—is aimed at the severing the supply line through the Albu Kamal crossing that links areas under IS control in eastern ...

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• 29 June

  US, S Korea, Japan’s anti-N Korea missile drill

  

    Washington, / AFP South Korea, Japan and the United States held an unprecedented trilateral missile defence exercise, aimed at countering the growing threat from nuclear-armed North Korea which denounced it as a “military provocation.” The drill in waters off Hawaii came less than a week after North Korea flight-tested a powerful new medium-range ballistic missile that leader Kim Jong-Un ...

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• 29 June

  S Korean presidential hopeful resigns amid scandal

    Seoul/ AFP A high-profile South Korean politician and presidential hopeful resigned as the head of his new opposition party that has been rocked by a bribery scandal. Ahn Cheol-Soo, a former IT software tycoon, stepped down as co-leader of the People’s Party, amid allegations that its members received tens of thousand of dollars in kickbacks from two local companies ...

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