Belt & Road Summit opens in Hong Kong

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(Hong Kong) - The Third Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC) welcomed more than 5000 participants from 55 countries…

Apple and Samsung settle lengthy iPhone patent battle

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(San Francisco) - Apple and Samsung have ended a years-long patent battle over copied iPhone design with an undisclosed settlement, according to a US court filing. The world´s two biggest smartphone makers reached a truce in their seven-year-old…

Saudi Arabia, Oman sites added to UNESCO World Heritage List

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(Manama) - UNESCO added Saudi Arabia´s Al-Ahsa Oasis and Oman´s ancient city of Qalhat to its World Heritage List, the world cultural body said. Authorities in Riyadh, as well as Muscat, have put tourism high on their economic agendas as…

UAE-Hong Kong trade surges to $10.87 billion in 2017

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(Hong Kong) - The total trade between the United Arab Emirates and Hong Kong increased to US$ 10.87 billion in 2017 from $10.59 billion in 2016, according to Hong Kong government statistics. The UAE is participating in the Third Belt and…

ADNOC Group CEO meets South Korea’s Foreign Minister

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(Seoul) - Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADNOC Group CEO, met with South Korea’s Foreign Minister, Kang Kyung-wha, during a two-day visit to Seoul, aimed at strengthening economic ties with South Korea and exploring…

UAE, France team-up to improve competitiveness of SMEs

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(Paris) - Ministry of Economy, MoE, represented by the International Centre for Patent Registration, and the French Ministry of Economy, represented by the National Industrial Property Institute, INPI, signed a memorandum of understanding, MoU,…

Brexit bill becomes law, allowing UK to leave the EU

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(London) - A bill enacting Britain´s decision to leave the European Union has become law after months of debate, the speaker of parliament announced to cheers from Conservative Party lawmakers. Speaker John Bercow said the EU (Withdrawal)…

US, Russia agree to Putin-Trump summit in third country

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(Moscow) - Russian President Vladimir Putin agreed to hold a summit in a third country with Donald Trump at talks with the US leader´s hawkish national security advisor, voicing hope for an easing of tensions between the two nations. Speaking…

Erdogan win ushers in new presidential era

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(Istanbul) - Turkish President Recep Tayyip Erdogan has emerged victorious in a high-stakes election, seeing off the most serious challenge. Defeating the twin threats of a reinvigorated opposition and a weakened currency, Erdogan declared…

OPEC, non-OPEC pledge supply boost

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(Vienna) - OPEC and non-OPEC members said they would raise supply by returning to 100 percent compliance with previously agreed output cuts, after months of underproduction. This came in a statement issued at the end of the 4th OPEC and non-OPEC…

Saudi Arabia overturns ban on women driving

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(Riyadh) - Saudi Arabian women celebrated being able to drive for the first time in decades, as the kingdom overturned the world’s only ban on female motorists, a historic reform expected to usher in a new era of social mobility. The move…

UAE and Russia to send first Emirati astronaut to space

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(Dubai) - His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, said that sending the first Emirati astronaut to space will herald the beginning of a new era for the UAE and represents another…

DFSA signs MoU with Astana Financial Services Authority

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(Dubai) - The Dubai Financial Services Authority, DFSA, entered into a Memorandum of Understanding, MoU, with the Astana Financial Services Authority, AFSA. The MoU was signed in the Dubai International Financial Centre, DIFC, by Bryan Stirewalt,…

UAE and Jordan sign cooperation agreement

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(Amman) - The UAE and the Hashemite Kingdom of Jordan have signed a cooperation agreement that features a number of initiatives and strategic projects aimed at bolstering the partnership between them and enhancing the performance of the public…