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Khalifa Fund’s tech platform to guide SME entrepreneurs

ABU DHABI / WAM Khalifa Fund, in collaboration with StartAD, announced the launch of AI Mentor, a ground-breaking platform with a diverse range of digital tools and resources for entrepreneurs during the business planning phase. The digital platform will guide entrepreneurs through the process required to submit a business plan for funding, as well as receive mentorship and training as ...

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UAE, Belgium to boost cultural cooperation

Abu Dhabi / WAM Zaki Nusseibeh, Minister of State and Chancellor of the United Arab Emirates University (UAEU), discussed, with the Belgian Ambassador Peter Claes, the cultural ties between the UAE and the Belgium. During the videoconference meeting, which took place on Tuesday, Nusseibeh expressed his keenness to strengthen overall bilateral ties between the two countries, most notably in the ...

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Sheikh Khalifa orders AED24 million grant to athletes

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan ordered the disbursement of a grant worth AED24,392,473 to athletes who accomplished sporting achievements in 2019, benefitting 680 athletes from 29 federations. The grant will be distributed to athletes without holding the customary annual ceremony, in line with the precautionary measures adopted by the country to protect ...

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Dewa’s artificial intelligence services anticipate, shape future

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has made significant achievements in artificial intelligence (AI) and has come a long way in this area since 2017. This is by developing a roadmap for AI and launching a set of services and initiatives that use this promising technology. Dewa’s efforts in AI have consolidated the UAE’s global position and ...

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Myanmar army rallies supporters, bans flights through April

Bloomberg Supporters of Myanmar’s military rallied in the nation’s largest city as it moved to suspend all flights through April, raising fresh concerns about the army’s crackdown a day after it seized power in a coup and detained senior government officials and activists. The rally in the commercial capital Yangon is the first since de facto leader Aung San Suu ...

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VP, Mohamed review Hope Probe’s final journey stages

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have reviewed the final preparations of the Emirates Mars Mission team as the Hope Probe is a few ...

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After air, sea links, Israel looks into road traffic with UAE: Envoy

ABU DHABI / WAM After successfully establishing air and sea links, Israel is looking into the potential of road traffic with the UAE to further develop the bilateral trade corridor, said the top diplomat at the newly opened Israeli embassy in Abu Dhabi. The air and sea links have already enabled goods traffic on flights within a few hours and ...

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CBUAE’s new regulation to protect consumers

ABU DHABI / WAM The central bank of the UAE (CBUAE) has issued a Consumer Protection Regulation, the foundation of its new Financial Consumer Protection Regulatory Framework (FCPRF) and aims to ensure the fair treatment and protection of consumers. The new regulation is supported by Decretal Federal Law No. 14 of 2018 Regarding the Central Bank and Organisation of Financial ...

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Enoc completes construction of its Expo 2020 Dubai pavilion

DUBAI / WAM Enoc Group on Monday announced that the construction of its pavilion at Expo 2020 has been completed. The state-of-the-art pavilion under the theme of ‘Reimagine Energy,’ occupies a plot of approximately 2,060 m2 and comprises five distinct structures. The pavilion was built using 700 tonnes of steel to minimise waste and environmental impact, and to promote environmental ...

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India’s half-a-trillion dollar budget aims to spur growth

Bloomberg India unveiled a spending plan of almost $500 billion as the government of Prime Minister Narendra Modi seeks to dig Asia’s third-largest economy out of its pandemic-induced slump. His government’s plan relies on taxes, including higher levies on some imports to boost self-reliance, selling state assets and dividend income to partly fund the nearly 35 trillion rupee ($480 billion) ...

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