UAE calls for strong, strategic ties to counter terror narratives

NEW YORK / WAM The UAE has called for stronger and strategic multilateral partnerships to counter terrorist narratives around the world at the United Nations. In a statement delivered before the UN High-Level Conference of Heads of Counter-Terrorism Agencies of Member States, Salem AlZaabi, Head of the UAE National Counter-Terrorism Committee and Head of the UAE delegation to the conference, ...

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Withdrawal of Houthis from Hodeidah must for political solution: Yemen

ADEN / WAM The Government of Yemen has emphasised that any political solution in Yemen must be based on three main pillars, namely; the Gulf initiative and its Executive Mechanism, the outcomes of the National Dialogue and UN Security Council resolutions in support of legitimacy, particularly Resolution 2216. In a statement by Yemen News Agency (Saba), the Yemeni Government expressed ...

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SCCI explore ways to develop economic ties with Germany

BERLIN / WAM The Sharjah Chamber of Commerce and Industry (SCCI), explored ways of developing economic relationships, expanding cooperation and investment opportunities, and exchanging knowledge and expertise with various sectors in Germany and other countries, at the conclusion of the 21st Arab-German Business Forum in Berlin. The SCCI delegation was headed by Abdallah Sultan Al Owais, Chairman of the SCCI. ...

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Etihad Cargo launches ‘Flightvalet’

Abu Dhabi / Emirates Business Ahead of the seasonal surge in demand for luxury vehicle shipments to popular holiday destinations, Etihad Cargo, the cargo and logistics arm of Etihad Airways, on Sunday celebrates the launch of ‘FlightValet’, its newly designed product that aims to ease the process of moving motor vehicles across the globe. Etihad Cargo transports hundreds of high-value ...

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Emirates A380 makes one-off scheduled landing in Muscat

DUBAI/ Emirates Business The Emirates A380 touched down in Muscat earlier on Sunday for a one-off scheduled flight to Muscat International Airport (MCT). This special flight also marks 25 years of Emirates’ service to Oman, and reaffirms the newly opened airport’s infrastructure readiness for A380 operations. The Emirates A380, the world’s largest commercial passenger jet, was operated by Omani national, ...

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wasl showcases its flagship project at Beijing show

Dubai / Emirates Business wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, presented its flagship wasl1 project during the recent Luxury Property Showcase Beijing for an audience of over 7,000 wealthy Chinese entrepreneurs, investors, luxury properties owners and elite investors looking to purchase overseas properties. The event followed the successful launch of ...

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Dubai Association Centre registrations grow 38%

Dubai / Emirates Business Dubai Association Centre on Sunday announced rapid growth in registrations of international associations in the first half of 2018. Established in 2014 as a joint initiative between the Dubai Chamber of Commerce and Industry, the Dubai Department of Tourism and Commerce Marketing (DTCM) and Dubai World Trade Centre (DWTC), the Centre now has a total of ...

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India’s top steelmaker plows $1bn into US, more to come

Bloomberg India’s top steelmaker JSW Steel Ltd. says it’s scouting for more deals in the US and Europe to expand its global footprint, betting that vibrant growth will underpin demand in overseas markets and complement a boom at home that’s seen the mill ramp up local output. “What is driving us is that, inherently, we find it is an interesting ...

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US auto tariff would be ‘devastating’: Hyundai

Bloomberg Hyundai Motor Co. joined a chorus of rebuke from global automakers against possible import tariffs by the Trump administration, warning the duties would be “devastating” to the Korean automaker and its US operations. The tariffs “would not only harm Hyundai Motor’s US business operations and the American workers and communities the company supports, but it would also jeopardise Hyundai ...

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S Korea exports dip amid trade woes

Bloomberg South Korea’s exports slightly contracted in June, adding to concerns about the health of the country’s economy. Shipments fell 0.1 percent from a year earlier, compared with the 2.2 percent gain forecast in a Bloomberg survey of economists. Imports increased 10.7 percent, leaving a trade surplus of $6.32 billion, according to a statement from the trade ministry. The dip ...

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