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DFSA set to launch Cyber Threat Intelligence Platform

Dubai / WAM The Dubai Financial Services Authority (DFSA), announced that it is launching a Cyber Threat Intelligence Platform to help firms in the Dubai International Financial Centre (DIFC), implement appropriate safeguards to mitigate against cyber risks. The Platform is a result of ongoing cooperation and collaboration with the Dubai Electronic Security Centre, the National Computer Emergency Response Team and the ...

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UAE jumps ten places in competitiveness rankings

Abu Dhabi / WAM The UAE jumped ten spots on the list of most competitive countries in world during four years, acquiring 5th place in 2019 compared to the 15th spot in 2016, according to the annual World Competitiveness Ranking 2019 published by the IMD Business School. The UAE has proven its standing as one of the world’s most competitive ...

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Ministry urges Emiratis to follow travel advice, overseas hunting laws

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC), highlighted the importance for UAE citizens wishing to travel abroad to review country specific travel advice and hunting laws on the ministry website or via its smart application, ‘UAEMOFAIC’. In a statement, the ministry said that it aims to raise UAE citizen’s awareness of the latest travel ...

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ECI inks deal to support Ducab’s expansion plan

Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal Export Credit Insurance Company, welcomed Dubai Cable Company (Ducab), to the trade insurance marketplace and will be supporting its expansion plans by offering international trade credit coverage. Ducab, a UAE-based global player in the development, design, manufacture, marketing and distribution of copper and aluminium wire and cable products, works with ...

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New Year beckons as emerging markets cool on trade, politics

Bloomberg Emerging markets are headed into 2020 on a high note even if the US-China trade talks remain a nagging risk for investors. With the new decade looming, the average yield on developing-nation local-currency bonds is close to an all-time low of 4.12%, while stocks and currencies are at their highest levels since June 2018, underscoring how expectations Washington and ...

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Gateway Casinos plans listing in $1.1b deal with Leisure

Bloomberg Gateway Casinos & Entertainment Ltd, one of Canada’s largest gaming companies, has agreed to a deal that will create a new firm valued at about $1.1 billion. Gateway said that Leisure Acquisition Corp, a special purpose company created to make acquisitions, will merge into a new unit of GTWY Holdings, Gateway’s parent. GTWY shares are expected to be listed ...

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Enoc wins Golden Peacock Award for sustainability

DUBAI / WAM Enoc Group announced that it has been awarded the Golden Peacock Award for Sustainability for the third year in a row. Among 228 global applicants, the Group was recognised for its commitment to improving sustainability standards. Since 2014, Enoc Group has reduced its emission intensity by about 24% and water intensity by about 17% in its manufacturing ...

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EGA completes first industrial technology export project

ABU DHABI / WAM Emirates Global Aluminium (EGA) on Sunday announced the completion of its historic project to export UAE-developed industrial technology, with the conclusion of performance guarantee tests at Aluminium Bahrain B.S.C. (Alba). EGA won a competitive international tender in 2016 to supply its aluminium smelting technology to Alba for a major expansion project (Line 6 Expansion Project), in ...

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Renew PO Box before Feb 29: Emirates Post

DUBAI / WAM Emirates Post has announced that customers can renew their PO Box subscriptions starting Sunday and encourages them to do so before February 29, 2020. Customers can renew their PO Box at any Emirates Post Customer Happiness Centre, via the website www.epg.gov.ae or the EPG Mobile Services app. Customers have the opportunity as from now to subscribe for ...

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Abu Dhabi Ports gets Innovative Organisation Level 3 Certification

ABU DHABI / Emirates Business Abu Dhabi Ports has been awarded with the prestigious Innovative Organisation Level 3 Certification by Global Innovation Management Institute (GIMI). The certification was conferred by the Boston-based think tank during its annual conference, which took place in Colombia in November 2019. The recognition demonstrates the value of initiatives such as Abu Dhabi Ports’ highly successful ...

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