UAE Armed Forces strong shield of homeland, says Mansour bin Zayed

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, expressed his gratitude and appreciation to President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Supreme Commander of the UAE Armed Forces, and Their Highnesses Supreme Council Members and Rulers of the Emirates, on the occasion ...

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DCT Abu Dhabi initiatives to promote sustainable tourism

ABU DHABI / WAM The Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi) has announced new initiatives aimed at promoting sustainability within the tourism industry, enabling partners to adopt and apply sustainable practices. These initiatives align with Abu Dhabi’s vision of becoming a sustainable tourism destination and comprise three key initiatives: the launch of six sector-specific Sustainable ...

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UAE army a source of pride and unity for the nation: Fujairah Ruler

FUJAIRAH / WAM HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, marked the 47th anniversary of the Armed Forces Unification Day with a statement emphasising the pride that the UAE’s army brings to the nation. In a speech to ‘Nation Shield’ marking the 47th Armed Forces Unification Day, Sheikh Hamad praised the bravery of ...

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Futures advance as bank rally tempers jobs beat

BLOOMBERG  The stock market was set for a rebound at the end of a chaotic week, with a rally in regional banks tempering data showing jobs resilience. Treasury yields rose with the dollar. S&P 500 futures signalled the equity benchmark will climb after its longest losing streak since February. PacWest Bancorp soared, following a six-day selloff that saw its shares ...

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JPMorgan sees investors moving to gold, tech amid recession risk

BLOOMBERG  Investors are likely to favour gold and technology stocks as those bets are expected to provide a buffer against the possibility of a US recession this year, according to strategists at JPMorgan Chase & Co. The trade defined as “long duration” is expressed by being overweight on gold, growth stocks such as technology companies and currencies (short USD), strategists ...

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UAE President and Emir of Qatar review bilateral ties

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the Emir of Qatar, His Highness Sheikh Tamim bin Hamad Al Thani, on Thursday spoke by telephone to discuss bilateral relations between the two countries and ways to strengthen them further. The two leaders reviewed current areas of UAE-Qatar cooperation and explored opportunities for further collaboration. Their ...

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Mansoor bin Mohammed tours Arabian Travel Market 2023

DUBAI / WAM H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, today toured the 30th edition of the Arabian Travel Market (ATM) 2023, which concludes today at the Dubai World Trade Centre (DWTC). The region’s premier travel, tourism and hospitality event brought together over 2,000 exhibitors from 150 countries, representing a 27% increase in ...

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