UAE, Zimbabwe sign cooperation agreements

HARARE / WAM The UAE and Zimbabwe signed in Harare, the capital of Zimbabwe, two agreements related to protecting and encouraging investment and avoiding double income taxation, as well as an MoU on the marketing and supply of energy. Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, sig-ned both agreements for the UAE while Dr Sultan bin ...

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European banks eyeing mergers face gridlock

Bloomberg The European Central Bank (ECB) and the lenders it oversees are running out of time in their push for rules to foster cross-border mergers. European Union regulations need to change so consolidation makes financial sense, the ECB and firms say. But their shared urgency has been stymied by politicians from Germany and smaller states who want to make sure ...

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UAE delegation participates in Poland maritime event

ABU DHABI / WAM The UAE participated in “World Maritime Day,” which was held in Szczecin, Poland, under the slogan, “our legacy to achieve better maritime transportation for better shipping.” The event was organised by the Ministry of Maritime Economy and Internal Navigation of Poland, in cooperation with the International Maritime Organisation (IMO). The UAE delegation was led by Dr ...

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Emirates launches new daily service to Auckland via Bali

Dubai / Emirates Business Emirates launched a new daily service from Dubai to Auckland via Bali, reflecting increased interest in the attractive Indonesian island destination and improving connectivity to New Zealand. The new service offers global travellers a total of three daily services to New Zealand, complementing Emirates’ existing non-stop daily A380 service between Dubai and Auckland and its current ...

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UAE takes part in ‘World Maritime Day’ in Poland

Abu Dhabi / WAM The UAE participated in “World Maritime Day,” which was held in Szczecin, Poland, under the slogan, “Our Legacy to Achieve Better Maritime Transportation for Better Shipping.” The event was organised by the Ministry of Maritime Economy and Internal Navigation of Poland, in cooperation with the International Maritime Organisation, IMO. The UAE delegation was led by Dr. ...

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Sheikh Zayed Mosque receives 1.2mn people in Ramadan

Abu Dhabi / WAM More than 1.2 million people came from different parts of the world to the Sheikh Zayed Grand Mosque in the capital during the holy month of Ramadan. Dozens of large portable air conditioning systems and large red and gold carpets were placed into the mosque’s central courtyard as the organisers spared no effort to welcome the ...

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Dubai FDI to visit Australia to boost trade, investment ties

DUBAI / WAM Dubai FDI, the investment development agency of Dubai Economy, is organising one of the largest economic delegations from Dubai in recent years for an official mission to Australia as part of its continuing efforts to strengthen existing economic cooperation and attract investments into the emirate. The mission, which will take place from June 25 to June 29, ...

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RTA awards contract for 900 vehicles for Dubai Taxi

DUBAI / WAM The Board of Executive Directors of the Roads and Transport Authority (RTA) in Dubai, chaired by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors, awarded a contract for procuring 900 new vehicles to consolidate the Dubai Taxi fleet. The new lot includes 370 environment-friendly hybrid vehicles fitted with dual fuel-electric power motors. “The ...

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