April, 2023

• 26 April

  Sharjah Ramadan Festival 2023 sales exceed AED300mn

  

  SHARJAH / WAM The 33rd Sharjah Ramadan Festival wrapped up another successful edition, after revitalising the retail sector and markets in the emirate of Sharjah. Throughout the Holy month of Ramadan and Eid Al Fitr celebrations, the festival offered residents and visitors exceptional shopping and entertainment experiences in malls and popular destinations. With a plethora of promotions, significant discounts, valuable ...

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• 26 April

  Abu Dhabi Maritime offers free ferry travel during 6th Dalma Race Festival

  

  ABU DHABI / WAM Abu Dhabi Maritime has confirmed that it will offer ferry transport free of charge on the Dalma Island/Jabel Dhanna route during the 6th edition of the Dalma Race Festival taking place between April 28 and May 15 in the Al Dhafra Region. The Dalma Race Festival is held under the patronage of HH Sheikh Hamdan bin ...

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• 26 April

  UAEU collaborates with 140 universities in Japan

  

  AL AIN / WAM The United Arab Emirates University (UAEU) has established research collaboration with 140 universities and academic institutions in Japan. This is based on the university’s strategic plan that endeavours to establish international research partnerships that have an impact on the scientific community and contribute to the development of science and knowledge. The UAEU also strives to expand ...

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• 26 April

  Dubai Endowment, DLD launch new initiative for emirate’s realty developers

  

  DUBAI / WAM The Endowments and Minors’ Trust Foundation (Dubai Endowment), represented by the Mohammed bin Rashid Global Centre for Awqaf and Endowment, has announced the launch of the first endowment scheme for real estate developers. The move is aligned with the endowment strategy advocated by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai ...

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• 26 April

  MBZUAI healthcare projects  to address various challenges

  

  ABU DHABI / WAM The Mohamed bin Zayed University for Artificial Intelligence (MBZUAI) is implementing many research projects in healthcare to address various challenges in the sector using artificial intelligence (AI) and improving the accuracy and efficiency of healthcare services for the benefit of patients and society. In conjunction with World Malaria Day, which falls on April 25, MBZUAI is ...

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• 26 April

  ERC’s humanitarian programmes worth AED10.8 billion benefit over 228 million people in 15 years

  

  ABU DHABI / WAM The Emirates Red Crescent (ERC) has announced that its humanitarian programmes, relief operations, development projects, orphan sponsorships, and reconstruction programmes both within and outside the UAE have benefitted over 228 million people in 128 countries, with a total value of AED10,888,940,285 over the past 15 years. The ERC’s local programmes, activities, and projects across several vital ...

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• 26 April

  Biden launches 2024 reelection campaign

  

  BLOOMBERG President Joe Biden formally announced that he would seek reelection in 2024, readying a historic campaign against a Republican field dominated by his predecessor while economic uncertainty clouds his case for a second term. Biden, 80, implored voters to let him “finish this job” he began when he took office and put aside any worries about his age. He ...

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• 26 April

  BofA, JPMorgan say time to sell as Europe stocks face risks

  

  BLOOMBERG The rebound in European equities since mid-March has failed to win over strategists, who predict that the sustained campaign of central-bank interest rate hikes will stall the rally. They are sticking to their gloomy outlook for the rest of 2023, unconvinced by a 10% advance in the Stoxx Europe 600 so far. The benchmark index is set to fall ...

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• 26 April

  Tiny IPOs deliver big gains in S Korea’s hot stock market

  

  BLOOMBERG Excitement over electric vehicles and other technology has made South Korea’s stock market one of the world’s best performers in 2023 — and its initial public offerings (IPOs) are doing even better. The 28 stocks that have listed in Seoul this year to date are up by a weighted average of 47% from their IPO prices. That’s ahead of even ...

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• 24 April

  Arada completes 114 homes in villa community at Aljada

  

  SHARJAH / WAM Arada announced it has begun handing over 114 townhouses and semi-detached villas in the Sarab 2 garden villa community at Sharjah megaproject Aljada. The two Sarab communities feature the only villas and townhouses in the Aljada masterplan. All homes at Sarab come with smart home features as standard and a cooker, hood and washing machine/drier installed. Spread ...

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