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United Arab Emirates

UAE-Italy talks on economic cooperation

The Ministry of Economy discussed the means of strengthening of the UAE’s economic and trade relations with Italy, as well as developing the cooperation between both sides in several commercial areas, to achieve the mutual interests of both countries. The discussion took place during a meeting between Abdullah Alfan Alshamsi, …

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President of Kiribati, honoured guest in UAE

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received the President of Kiribati, Taneti Mamau. During the meeting, held on the sidelines of the Abu Dhabi Sustainability Week (ADSW), they discussed bilateral relations between the UAE and the Republic of Kiribati and ways to …

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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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