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Abu Dhabi, Bahrain bourses join hands to boost liquidity

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse (BHB) signed on Wednesday a strategic cooperation agreement that aims to achieve synergies and greater cross border cooperation to enhance market liquidity and to promote the issuance of low-cost investment vehicles. The parties agreed on a strategic plan to implement new measures over the next nine months to ...

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EDB, NBF strike deal to offer financing solutions to SMEs

Abu Dhabi / WAM The Emirates Development Bank (EDB), on Wednesday announced the signing of a Memorandum of Understanding (MoU) with National Bank of Fujairah (NBF) to offer credit guarantee and co-lending for small and medium-sized enterprises (SMEs) in the UAE. The MoU with NBF is part of EDB’s commitment to boost the SME ecosystem in the UAE and increase ...

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UAE, Jersey ink pact to promote investments

Abu Dhabi / WAM As part of its endeavours to strengthen and activate means of economic and investment cooperation with various countries of the world, the UAE, represented by the Ministry of Finance, signed an agreement to promote and protect mutual investments with Jersey. The agreement, which was signed at the ministry’s headquarters in Dubai, aims to encourage foreign investment, ...

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EDB, NBF ink deal to offer credit guarantee, co-lending for SMEs

Abu Dhabi / WAM The Emirates Development Bank (EDB), on Wednesday announced the signing of a Memorandum of Understanding (MoU) with National Bank of Fujairah (NBF) to offer credit guarantee and co-lending for Small and Medium-sized Enterprises (SMEs) in the UAE. The MoU with NBF is part of EDB’s commitment to boost the SME ecosystem in the UAE and increase ...

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Nahyan bin Mubarak stresses need for ‘one world, one supply chain’

Dubai / Emirates Business Sheikh Nahyan bin Mubarak Al Nahyan, UAE Cabinet Member and Minister of Tolerance and Coexistence, inaugurated the 6th International Procurement and Supply Chain Conference 2021, in Dubai, which is the biggest of its kind in the Middle East. Emphasising that the need for a closely connected global supply chain network now is even greater, Sheikh Nahyan praised ...

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UAE sends urgent medical supplies to Sierra Leone

ABU DHABI / WAM The UAE sent an aircraft carrying 16 tonnes of urgent medical aid to Sierra Leone, to mitigate the effects of the humanitarian disaster facing the capital, Freetown, following the explosion of a petrol station, which led to several deaths and injured dozens, most of whom were women and children. The UAE expressed its solidarity with the ...

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‘UAE preferred destination for residence, investment’

Dubai / Emirates Business Khalifa Saif Al Muhairbi, Chairman of the Board of Directors of the Arabian Gulf Investment Company, said that the Cityscape Global Real Estate Exhibition at the “Dubai Exhibition Center” in Expo 2020 Dubai from November 9-11 is very important for real estate development and investment companies to introduce their projects. It is also an opportunity for ...

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UAE endorses policy action agenda for transition to sustainable food, agriculture

Glasgow / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, announced the UAE’s endorsement of the Policy Action Agenda for Transition to Sustainable Food and Agriculture, at a high-level event on ‘Accelerating a just rural transition to sustainable agriculture for people, climate and nature’ that took place as part of COP26 Nature Day. The document sets ...

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Europe is experiencing two different pandemics

A year ago, the course of the pandemic changed, thanks to the first safe and effective vaccines against Covid-19. Today, after administering 7.3 billion doses and preventing countless severe deaths, we have more data than ever to justify that early enthusiasm — and the need to keep jabbing. On top of waning immunity and the lifting of restrictions, countries with ...

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Message in gold’s bad vaccine year

It’s been 12 months. On November 9 last year, Pfizer Inc awoke the world to the triumphant news that it had developed a vaccine for Covid-19 that worked. It was one of the clearest market turning points in memory. As far as most of us were concerned, it was also one of the best items of news we could remember. ...

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