Cabinet OKs policy against domestic violence

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced on Monday a new Family Protection policy that includes mechanisms for protecting women, children, the elderly, and people of determination from any type of violence and abuse. In a Cabinet meeting chaired by His Highness ...

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Sheikh Sultan opens Sharjah FDI Forum

Sharjah / WAM The fifth edition of the region’s leading FDI event, the Sharjah FDI Forum, titled “Future Trends in Foreign Direct Investment”, got underway at Sharjah’s Al Jawaher Reception and Convention Centre, inaugurated by HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. The forum is organised by the Sharjah FDI Office (Invest ...

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Adnoc Distribution unveils new neighbourhood station

Abu Dhabi / Emirates Business Adnoc Distribution, the UAE’s largest fuel and convenience retailer, on Monday revealed its next generation ‘Adnoc On the go’ station. Smart technology enabled, ‘Adnoc on the go’ brings Adnoc Distribution closer to its customers and the communities that it serves, allowing smaller neighborhood stations to be installed where traditional stations would be impractical. ‘Adnoc on ...

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Emirates opens check-in terminal at Port Rashid

Dubai / Emirates Business Emirates’ first remote check-in terminal, outside of the airport, was opened on Monday to provide seamless connections for cruise passengers. The Emirates check-in counters, located at Port Rashid, will allow passengers who are disembarking from their cruise ships to check in for their onward Emirates flight at the same facility. The new service will further enhance ...

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Sharjah stamp exhibition from Nov 19

SHARJAH / WAM The 10th edition of Sharjah Stamp Exhibition, organised by Emirates Philatelic Association, is set to kick off from November 19-23 at Mega Mall Sharjah. The event will bring together enthusiasts and collectors of rare stamps from the UAE and other countries of the world. The event aims to shed light on the cultural legacy and long postal ...

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Etisalat launches UAE’s first ‘unlimited calling’

ABU DHABI / Emirates Business Etisalat on Monday announced the launch of its new ‘Freedom Unlimited’ plans, offering postpaid customers – for the first time in the UAE – unlimited local and international calls on select plans. With the new ‘Freedom Unlimited’ plans, postpaid customers can choose a plan, based on their need and enjoy complete freedom from calling limits. ...

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Adnoc Murban crude to be listed on Intercontinental Exchange

LONDON / WAM Intercontinental Exchange, Inc., a leading operator of global exchanges and clearing houses and provider of data and listings services, on Monday announced that it will launch a new exchange, ICE Futures Abu Dhabi (IFAD), to host the world’s first futures contracts based on Abu Dhabi National Oil Company’s (Adnoc), Murban crude oil. On November 4, Abu Dhabi’s ...

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UAE opens new school in Yemeni city of Khawkhah

KHAWKHAH / WAM The UAE, represented by its humanitarian arm, the Emirates Red Crescent (ERC), inaugurated a new school in Khawkhah District, which will serve 800 students. The ERC will also launch eight other schools in the coming weeks, bringing the total number of academic establishments restored and furnished by the UAE in the Red Sea Coast to 36. The ...

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Bankers in $220bn scandal offered gold to hide client cash

Bloomberg At the height of the Danske Bank A/S dirty-money scandal, the lender started offering gold bars to wealthy clients to help them keep their fortunes hidden, according to documents seen by Bloomberg. The bank’s Estonian branch, which was already wiring billions of client dollars to offshore accounts, told a select group of customers, mostly from Russia, that they could ...

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UBS fined by HK for overcharging clients

Bloomberg Hong Kong regulators fined UBS Group AG 400 million Hong Kong dollars ($51 million) for overcharging global wealth management clients during almost a decade and flagged concerns about serious and systematic problems with the bank’s internal controls. The Hong Kong Securities and Futures Commission (SFC) found that UBS systematically overcharged private banking clients by manipulating the price on bond ...

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