Local News

Zayed Charitable Foundation begins its ‘Eid Clothing’ initiative

Abu Dhabi / WAM Zayed Charitable and Humanitarian Foundation has begun implementing its seasonal programme, “Eid Clothing”, ahead of Eid Al Adha. Hamad Salem bin Kordous Al Ameri, Director-General of the foundation, said that the foundation aims to achieve its goals in charitable work based on its social responsibility in line with the approach established by the UAE’s Founding Father, ...

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Moro Hub, Intel join hands to spur digital transformation

Dubai / WAM Moro Hub (Data Hub Integrated Solutions LLC), a subsidiary of Digital Dewa, the digital arm of Dubai Electricity and Water Authority (Dewa), signed a memorandum of understanding (MoU) with Intel Corporation to advance collaboration in implementing and accelerating digital transformation initiatives at Moro Hub’s Green Data Centre, the first Certified Tier III Data Centre in the Middle ...

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Covid-19: Uber to offer free rides for people seeking vaccination

Dubai / WAM Uber announced on Wednesday that it is offering free rides to people looking to receive Covid-19 vaccination in Dubai and Abu Dhabi, as part of its support for the UAE’s vaccination drive aimed at containing the spread of the virus. Riders will be able to avail two free Uber rides, up to AED60 each to and from ...

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Etihad Cargo, EFL Global deliver vital antiretroviral drugs to Brazil

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Abu Dhabi’s Etihad Aviation Group, and global supply chain company EFL Global, have successfully carried a vital consignment of antiretroviral drugs from India to Brazil. The shipment, which weighed more than 55,000kg, was transported on behalf of a leading manufacturer headquartered in Hyderabad and delivered to Sao-Paulo-Guarulhos International ...

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Nasdaq Dubai welcomes dual-listing of 3iQ’s ‘The Bitcoin Fund’

Dubai / WAM 3iQ Corp, Canada’s largest digital asset investment fund manager with more than C$2.5 billion in assets under management, on Wednesday officially listed “The Bitcoin Fund”, (Trading Symbol: QBTC), on Nasdaq Dubai, the region’s international exchange. The regulated Bitcoin-based exchange-traded product is the first listed digital asset-based fund in the Middle East and North Africa (Mena) region. The ...

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UAE leads on global climate action through green economy plans

DUBAI / WAM The UAE attaches great importance to protecting the environment in its development policy, an approach it has adopted since 2012 through the ‘UAE Green Growth Strategy’, to transform its economy into a green economy by utilising modern technologies, knowledge, and innovation. The green and digital economy will become the starting point for recovery after the Covid-19 pandemic, ...

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Mubadala’s Globalfoundries to build $4b plant in Singapore

ABU DHABI / WAM Globalfoundries (GF), the global leader in feature-rich semiconductor manufacturing, on Tuesday announced it is expanding its global manufacturing footprint with the construction of a new fab on its Singapore campus. In partnership with the Singapore Economic Development Board and with co-investments from committed customers, GF’s more than $4B (approximately AED 15bn) investment will play an integral ...

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Adnec launches new firm to promote Abu Dhabi

Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (Adnec) has launched “Tourism 365” to create experiential travel opportunities for tourists coming to Abu Dhabi, and enhance the emirate’s regional and global positioning in the wider tourism sector. The launch of the company is in line with Adnec’s new broader role to support the growth of Abu Dhabi as a ...

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UAE welcomes all countries to Expo 2020 Dubai: Nahyan

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence and Commissioner-General of Expo 2020 Dubai, received on Tuesday at his palace Ferdinand Nagy, Commissioner-General of Romania’s Pavilion at Expo 2020 Dubai, who was accompanied by Nicoleta Teodorovici, Romania’s Consul-General in Dubai. The sides discussed global developments related to Covid-19, and the efforts of their ...

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Dubai government repays $500mn bond certificates

DUBAI / WAM The Government of Dubai, acting through the Department of Finance (DoF), announced that the $500 million Fixed Rate Note issued on June 22, 2011 under its Euro Medium Term Note Programme, reached maturity on June 22 2021. Upon maturity, all the notes have been redeemed in full by making the required payment through the paying agent to ...

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