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Adnoc wins award for efforts to conserve UAE’s water resources

Abu Dhabi / WAM Abu Dhabi Sustainability Group has recognised Adnoc’s environmental stewardship by naming Shayma Al Mazrouei, an employee at Adnoc Gas Processing, Sustainability Manager of the Year Award 2020 for her contributions to environmental conservation through an innovative water reduction programme. The announcement was made on Monday as part of the Abu Dhabi Sustainable Business Leadership Awards 2020. ...

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Sheikh Zayed Grand Mosque unveils cultural tours in sign language

Abu Dhabi / WAM The Sheikh Zayed Grand Mosque Centre has launched several initiatives and activities to help enrich the experience of People of Determination of the Centre. Under the “Re’Haab Alhemam” programme, the Centre announced it will release a series of initiatives catered for the disabled, the first being cultural tours given in sign language. The cultural tours will ...

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Abu Dhabi’s livestock production to rise 9%

Abu Dhabi / WAM The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) expects livestock and crop production to reach about 694,110 tonnes by the end of 2020, which means an increase of 16 percent as compared to nearly six percent in 2019. In 2019, the total production in Abu Dhabi’s agri-production including livestock and crop sectors reached nearly 654,637 ...

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Hub71 appoints new CEO, selects eleven new global startups

ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem based in Abu Dhabi Global Market Square, on Monday announced the latest startups to have been selected for the Hub71 Incentive Programme’s second cohort of the year. The eleven startups come from all over the world, including: Bahrain-founded Tarabut Gateway, the first and largest regulated open banking platform that connects ...

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CenterPoint to boost focus on regulated business

Bloomberg CenterPoint Energy Inc, a power and natural gas supplier that’s been dragged down by an investment in a pipeline company, plans to sharpen its focus on regulated utilities and renewables while overhauling its strategy, according to its new chief executive officer. The Houston-based company was already pushing to become more of a pure-play utility and will now accelerate that ...

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HK Democrat voters defy threats with high turnout

Bloomberg More than half a million Hong Kong residents defied government warnings and a fresh coronavirus outbreak to vote in an unofficial primary, a strong turnout that signals continued resistance to Beijing’s decision to impose a broad national security law just two weeks ago. More than 610,000 residents — representing more than 13% of registered voters — cast ballots in ...

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Johnson urged to ban Huawei in UK 5G networks by end of 2021

Bloomberg Boris Johnson is under pressure to announce a ban on telecoms companies from installing new equipment made by Huawei Technologies Co in Britain’s fifth-generation mobile networks from as soon as the end of 2021. Britain’s National Security Council meets on Tuesday to decide on the company’s future in the UK in the wake of US sanctions against the company. ...

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Analog Devices near deal to buy Maxim for $17bn

Bloomberg Analog Devices Inc. is close to an all-stock agreement to acquire Maxim Integrated Products Inc., according to reports. The semiconductor companies are talking about a deal that values San Jose, California-based Maxim at more than its current market capitalisation of roughly $17 billion. Norwood, Mass.-based Analog has a market value of $46 billion and also has a large office ...

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France primes fresh stimulus to boost jobs, cut taxes on firms

Bloomberg France will unveil “massive” support for youth employment this week and a new broad stimulus plan including tax cuts for companies at the end of August, Finance Minister Bruno Le Maire said. The measures will be in addition to emergency aid to protect jobs and companies during the lockdown and a series of support plans for sectors including tourism ...

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German economic recovery only in early stages

Bloomberg Germany’s economy continues to recover following the easing of coronavirus-related restrictions, but remains well below capacity, according to a government report. “The economic recovery is still at the beginning,” the economy ministry said Monday. “Capacities are still clearly under-used.” While the recovery began in May, the second quarter will still show negative growth. “Only in the third quarter will ...

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