May, 2023

• 9 May

  Arabian Travel Market ’23 sees 29% Y-o-Y growth in attendees

  

  DUBAI / WAM More than 40,000 people — including 30,000 visitors — attended the 30th edition of Arabian Travel Market (ATM), which concluded last week in Dubai. This not only represents a year-on-year increase of 29% in attendees compared to 2022, it also represents a 5% increase over 2019, establishing a new record for the show, demonstrating that the Middle ...

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• 9 May

  Mansour bin Zayed receives Chairman and members of UAE Fatwa Council

  

  ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, on Monday received Shaikh Abdullah bin Bayyah, Chairman of the UAE Fatwa Council and members of the council, at Qasr Al Watan. His Highness Sheikh Mansour was briefed about work and plans of the council that aim ...

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• 9 May

  Sharjah Ruler affirms importance of cultural exchange with Tunisia

  

  SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, welcomed Dr Hayat Qatat Al-Qarmazi, the Minister of Cultural Affairs of Tunisia, to his palace on Monday. HH Sheikh Sultan emphasised the importance of cultural relations among different Arab countries, which contributes to the achievement of various educational and scientific projects, and ...

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• 9 May

  US prepares to fast track $500mn of arms for Taiwan

  

  BLOOMBERG The Biden administration is preparing a $500 million weapons package for Taiwan, using a fast-track authority that it has relied on to speed arms to Ukraine. The package will involve sending existing stockpiles of US weapons or support equipment to Taiwan under what’s known as a Presidential Drawdown Authority. The equipment to be in the package wasn’t immediately known. ...

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• 9 May

  At least 21 die after boat overturns in Indian state

  

  KERALA / WAM At least 21 people drowned after a boat capsized off the coastal town of Tanur in the Malappuram district of India’s southern state of Kerala, Reuters reported on Monday. The boat, which was carrying about 40 inbound passengers, overturned as it was overcrowded, said Abdul Nazar, Malappuram district’s junior superintendent of police. It was not immediately clear ...

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• 9 May

  Ukraine should get concrete path to join Nato, says Estonia

  

  BLOOMBERG The North Atlantic Treaty Organization (Nato) allies need to spell out the concrete steps for Ukraine to become a member of the military alliance and move beyond repeating the standing position that it’s welcome to join the bloc, according to Estonia’s top diplomat. “It’s not enough anymore just to repeat the already existing position that Ukraine is welcomed to ...

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• 9 May

  Germany faces $13.2b shortfall in climate-protection fund

  

  BLOOMBERG Germany is facing a shortfall of about €12 billion ($13.2 billion) in its special climate-protection fund, suggesting the government in Berlin has significantly underestimated the cost of greening Europe’s biggest economy. Commitments to climate—protection projects exceed earmarked resources through 2026, according to people familiar with the budget details, who asked not to be identified discussing confidential information. The estimated ...

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• 9 May

  The planet keeps breaking records for warming waters

  

  BLOOMBERG Earth broke grim new records for melting glaciers, rising sea levels and ocean heat last year, according to a new report from the World Meteorological Organization (WMO). The WMO’s annual State of the Global Climate report, which tracks climate indicators and impacts, cited a record high for ocean heat content in 2022. Some 58% of the ocean surface experienced ...

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• 9 May

  UAE leaders send condolences to Saudi King on death of mother of Prince Mansour bin Nasser

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the death of the mother of Prince Mansour bin Nasser bin Abdulaziz Al Saud. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

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• 9 May

  Dewa records AED5.44b revenue in first quarter

  

  DUBAI / WAM Dubai Electricity and Water Authority PJSC (Dewa), the emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), on Monday reported its first quarter 2023 consolidated financial results, recording quarterly revenue of AED5.44 billion and net profit of AED763 million. For the last twelve months, Dewa’s consolidated revenue was ...

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