Abu Dhabi / WAM Abu Dhabi University (ADU) has been ranked the best for employability in the UAE and third in the Arab world, according to the Global Employability Ranking and Survey 2020 (GEURS), a study published by French consultancy Emerging and Times Higher Education. The survey provides unique data and insights into the strategies that could be put in ...
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Abu Dhabi / WAM The Governor of the central bank of the UAE (CBUAE) has appointed Ali Faisal Ba’Alawi as Head of the UAE Financial Intelligence Unit (FIU). This appointment represents the next step in the implementation of the UAE’s National AML/CFT Strategy and National Action Plan, the programme of reforms designed to strengthen the UAE’s anti-financial crime system following ...
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Abu Dhabi / WAM Sanad Capital, a wholly-owned subsidiary of Mubadala Investment Company and the global aerospace engineering and leasing solutions leader, has closed a $55 million debt financing deal with the Commercial Bank of Dubai, one of the UAE’s leading financial institutions. The first-ever collaboration between Sanad Capital and the Commercial Bank of Dubai will fund the purchase of ...
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JAKARTA / WAM Joko Widodo, President of Indonesia, ordered the renaming of a major road in Indonesia after His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in appreciation of His Highness Sheikh Mohamed and the distinguished ties between the UAE and Indonesia. Dr Pratinko, Minister for ...
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Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation has urged private sector companies to pay the wages of their employees on time, under the framework of the national Wage Protection System aimed at ensuring labour stability. This issue is one of the challenges caused by the coronavirus (Covid-19) pandemic, which has negatively affected international labour markets and ...
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DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched ‘100 Million Meals’ campaign to provide food parcels for families and people in need across 20 countries during the Holy Month of Ramadan. Launched as an expansion from last year’s locally-held ’10 Million Meals’ campaign that empowered Covid-19-hit communities ...
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ABU DHABI / WAM Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), stated that the fund has helped finance hundreds of development projects in Jordan costing AED6.5 billion, enabling the Jordanian Government to achieve its economic and social priorities and drive the process of sustainable development. In his statement to the Emirates News Agency (WAM) ...
Read More »ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has ordered the release of 439 prisoners serving various sentences in the UAE, ahead of the Holy Month of Ramadan. The President pledged to settle the financial obligations of the released prisoners. The gesture is part of His Highness Sheikh Khalifa’s humanitarian initiatives and reflective of the ...
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DUBAI / WAM The value of exports and re-exports carried out by members of the Dubai Chamber of Commerce and Industry increased by nearly 24 percent to reach AED22.1 billion in March 2021, compared to the same month last year, the organisation has revealed. During the first quarter of 2021, the value of members’ exports and re-exports grew by 6.5 ...
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ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) has announced a new collaboration with IBM, an American multinational technology company, to fast track its transition into a modern, digitally-led Islamic bank, using IBM’s hybrid cloud solutions based on Red Hat OpenShift. This step will help enhance ADIB’s digital infrastructure, modernise operations and automate processes, enabling its employees to focus ...
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