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ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan said that the UAE National Environment Day, which is being celebrated for 22 years on a row, is an important occasion “in which we renew our national commitment to protect our natural resources so as to preserve the natural environment and ensure the rights of future generations.” ...

Dubai / wam His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Chairman of the Expo 2020 Dubai Higher Committee, has broken ground for the first solar-driven hydrogen electrolysis facility in the Middle East and North Africa (Mena). The project will be carried out in collaboration between Dewa, Expo 2020 Dubai and ...

Abu Dhabi / WAM The United Arab Emirates views “All human beings as members of one global society,” the Minister of Tolerance, Sheikh Nahyan bin Mubarak Al Nahyan, said on Sunday. Addressing the opening session of the Global Conference of Fraternity, being held in Abu Dhabi, Sheikh Nahyan noted that the conference will be joined by Pope Francis and by ...

Dubai / WAM As the UAE economy grows, global trade enabler DP World is playing a key role in its development, according to a new study by the Boston Consultancy Group, BCG, “Economic Impact Assessment of Jebel Ali Port and Jebel Ali Free Zone on the Economies of Dubai and the UAE.” The results of the study were presented during ...

Dubai / Emirates Business More than 19,610 medical laboratory industry professionals and 678 exhibiting companies from 51 countries will be welcomed in Dubai on Monday for the opening of Medlab, the Mena region’s largest medical laboratory exhibition and congress. With the World Bank projecting that the UAE’s population will reach 12.8 million by 2050 (up from 9.4 million in 2017), ...

Dubai / WAM A major contract to complete some 29,000 square metres of public space at Expo 2020 Dubai – worth AED 169 million – was awarded to a UAE-based contractor. The move reinforces World Expo’s commitment to support Emirati companies and create a long-term positive impact on the country’s economy. Arabtec Construction secured the contract, which includes building a ...

Bloomberg What we’ve been witnessing in Asia and the emerging markets could just be a “bear-market bounce.” That’s how JPMorgan Asset Management views the January rally. While Jasslyn Yeo, global market strategist at the money manager, sees the potential for more gains in the first half of the year, investors will need to reassess their positions for the second half. ...

Bloomberg Abu Dhabi stocks climb the most in the Middle East as the United Arab Emirates’ biggest lender seeks to increase the limit on foreign ownership of its shares. First Abu Dhabi Bank (FAB) surged as much as 5.8 percent, the most since April 2017. The stock was the biggest contributor to the ADX General Index’s 1.6 percent gain. The lender ...

Bloomberg Clues on trade policy are likely to be top of mind for stocks investors watching President Donald Trump’s State of the Union speech on Tuesday. Trade remarks may influence equity sectors from footwear to auto parts and pharma stocks may be volatile if the president zeros in on drug costs reforms, while financials and housing are likely to be ...

Bloomberg President Donald Trump’s desire to put “America first” has fostered new disputes between the US and its allies. In Asia, old rivalries are also roaring back. Ties between Japan and South Korea—two of the US’s closest security partners—have arguably turned their most hostile in more than half a century over a series of diplomatic disputes. Now, there are signs ...