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Month : June 2023

Sports

Abu Dhabi Powerboat team geared up to defend UIM F1H2O World Championship title

omandailynews.com
As the defending champions, the Abu Dhabi Powerboat Team is prepping its sails and crew for the third round of the UIM F1H2O World Championship. Aiming to defend their coveted title, the team is set to compete against world-class competition on France’s picturesque River Saone. The championship, which kicked off......
ACCESS Newswire

Emerald Industrial Climate-Tech Fund Surpasses €250 Million Targeted at Net-Zero Transition

omandailynews.com
Strong demand from global industrial giants ZURICH, SWITZERLAND / ACCESSWIRE / June 29, 2023 / Leading climate-tech pioneer Emerald Technology Ventures has announced that its industrial climate-tech fund has just surpassed €250 million. The flex-term fund’s milestone is notable not only for its size, but also because many blue-chip industrial......
Business

Resilient Dollar dents gold prices, sinks to a three-month low

omandailynews.com
In a further blow to the precious metals market, gold prices plummeted to their lowest levels since mid-March. A resurgent dollar has caused the gold market to stumble, pushing the prices into a downward spiral, according to a report by Reuters. The spot gold price took a 0.1 percent hit......
Technology

WEF report spotlights top ten game-changing technologies for 2023

omandailynews.com
The World Economic Forum (WEF), in conjunction with Frontiers, today unveiled its annual list of the ten breakthrough technologies poised to leave a significant imprint on the world over the next five years. Revealed were flexible batteries, generative AI, and sustainable aviation fuel among other transformative technologies. These innovative advancements,......
Entertainment

Tom Cruise touches down in Abu Dhabi for Mission: Impossible premiere

omandailynews.com
Abu Dhabi’s bustling international airport had an air of Hollywood on Sunday when iconic actor Tom Cruise graced the newly launched Midfield Terminal for the Middle East premiere of “Mission: Impossible – Dead Reckoning Part One.” The Mission: Impossible franchise has once again turned to the grandeur of the UAE,......
News

Egypt and India’s strategic symbiosis marking a new era in diplomacy

omandailynews.com
Egyptian President Abdel Fattah El-Sisi welcomed India’s Prime Minister, Narendra Modi, in a historic meeting at the Ittihadia Palace in Egypt today. This event marked PM Modi’s first state visit to Egypt, a testament to the growing bond between the two nations. The two leaders held in-depth talks that underscored the......
News

UAE president hosts Iranian foreign minister in significant diplomatic meet

omandailynews.com
The United Arab Emirates President, Sheikh Mohamed bin Zayed Al Nahyan, today hosted Iran’s Foreign Minister, Hossein Amir-Abdollahian, in a significant diplomatic meeting. Taking place at Al Shati Palace, this meeting comes as part of Amir-Abdollahian’s working visit to the UAE, marking another significant step in the nations’ diplomatic interactions.......
Travel

UAE’s aviation sector soars: 31.8 million passengers in Q1 2023

omandailynews.com
The Central Bank of the UAE (CBUAE) has announced in its recent Quarterly Economic Review that UAE airports welcomed a whopping 31.8 million passengers in the first quarter of 2023. This figure represents a notable surge from the same period in 2022 when the passenger count was around 20.4 million,......
News

Modi’s leadership: Catapulting India to global superpower status

omandailynews.com
In a momentous event that marks a shift in international politics, Indian Prime Minister Narendra Modi embarked on his maiden state visit to the United States. This significant journey, endorsed by the foreign secretary as a seminal moment, holds immense potential for the bilateral enrichment of both nations in various......
News

Thailand’s green economy boosted by OFID-ADB collaboration

omandailynews.com
The OPEC Fund for International Development (OFID) and the Asian Development Bank (ADB) have pledged to jointly bolster Thailand’s pursuit of sustainable growth. The collaborative effort hinges on a co-financing agreement aimed at underpinning the country’s evolving economic model designed for enduring development. The OPEC Fund is earmarking a $500,000......