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Oman and UAE in bilateral talks

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, today met with Yusuf bin Alawi bin Abdullah, the Sultanate of Oman’s Minister Responsible for Foreign Affairs, to review ways of further boosting relations between the two sisterly countries across all fields. The meting, which took …

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DP World aquiring port in Chile

Major port operator DP World DPW.DI said on Sunday it had agreed to acquire a 71.3 percent stake in Chile’s Puertos y Logistica (Pulogsa) (PUE.SN) from Minera Valparaiso and other shareholders associated with the Matte Group. Pulogsa operates a long-term concession for Puerto Central in San Antonio and owns and …

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Energy transition for UAE and world

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment stressed the importance of expediting the deployment of renewable and clean energy around the world to help achieve sustainable development. Addressing the ninth session of the Assembly of the International Renewable Energy Agency (IRENA), the minister said: “Energy …

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Bank reserves on rise in UAE

Total banks’ reserves at the Central Bank of the United Arab Emirates increased to AED283.4 bn by the end of November 2018, a growth of 4.3 percent from AED271.6 bn during the same month of 2017. The growth reflects the robust solvency position of the UAE banking sector and its …

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Big housing drive announced in UAE

The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, stated that the UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, prioritises the quality of life of its citizens, while its government has prioritised housing and is …

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Dubai delegation in India to dscuss FDI

Dubai’s leading business entities in trade and investment, real estate and startup development, comprising more than 80 companies, visited India recently as part of a delegation led by Dubai Investment Development Agency, Dubai FDI, the investment development agency of Dubai Economy, DED, and organised by key partner Musthafa and Almana. …

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Abu Dhabi green bus service launched

Abu Dhabi Future Energy Company (Masdar) has launched the region’s first fully electric passenger bus as the capital of the United Arab Emirates pursues clean and energy efficient transport. The UAE has set a clean energy target of 27 percent by 2021. Green energy company Masdar, wholly-owned by Abu Dhabi’s …

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Dubai unveils ‘Fifty-Year Charter’

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has announced the ‘Fifty-Year Charter’ which promises to improve all aspects of life in Dubai in 2019. “This is a charter that represents our pledge and promise towards enhancing the life of people in …

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Dubai pushing AI blockhain technology

Future Now, the innovation programme of Etisalat, has signed agreements with four scale-ups to develop Artificial Intelligence, AI, and Blockchain solutions following the successful Dubai Future Accelerators programme. The signing ceremony also marked the opening of the Future Now scale-up collaborative space for Etisalat Digital’s partners, namely Yitu Technology (China), …

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Imran Khan in Abu Dhabi for talks

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today held talks with Prime Minister Imran Khan, focusing on strengthening the relations between the UAE and Pakistan, in addition to the current regional and international developments. His …

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ADNOC ranked number 10 by GlobalData

The Abu Dhabi National Oil Company (ADNOC) is among the top 10 most influential companies and organisations in the energy sector, a new ranking from research and intelligence firm GlobalData found. The only Middle Eastern company featured on the GlobalData’s list, ADNOC was ranked sixth, and third among big oil …

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