ABU DHABI / WAM Adnoc Distribution has opened 16 new sites around the country so far this year, including five ‘Adnoc On the go’ neighbourhood stations in Abu Dhabi and five ‘traditional’ stations in Dubai. The UAE’s leading fuel and convenience retailer said the network expansion aims to “bringing everyday essentials closer to its customers.” In a statement on Tuesday ...
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ABU DHABI / WAM In an exclusive interview with Al Jundi Journal, Saqr Ghobash, Speaker of the Federal National Council (FNC) said that the council was committed to upholding the values of UAE’s present leaders as well as the founding fathers. He explained how the council has helped the government confront the threat from the coronavirus and also how the ...
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ABU DHABI / WAM The Sheikh Zayed Book Award, one of the most prestigious literary prizes for the Arab world is now accepting submissions for its 2021 edition. Each winner of the Award’s nine categories will receive prize money of AED750,000 ($204,000) to recognise and further enable their creative and cultural achievements. Now in its 15th year, the Award, which ...
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DUBAI / WAM Dubai International Financial Centre (DIFC) signed a Memorandum of Understanding (MoU) with EC3 Brokers to implement a Group Health Insurance Master Policy. The Group Health scheme will be available to over 2,400 active registered firms in DIFC who provide health insurance to their 25,600 professionals. It is the first scheme of this nature to be developed in ...
Read More »Abu Dhabi / WAM The Global Manufacturing and Industrialisation Summit (GMIS) a joint initiative by the UAE and the United Nations Industrial Development Organisation (Unido), announced the dates for its 2020 edition, #GMIS2020, commencing with a sequence of Digital Series on June 30, and leading up to the Virtual Summit that will be held on September 4-5. At the top ...
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DUBAI / WAM Dubai Customs’ Training Centre and the United Nations Office on Drugs and Crime (UNODC) have launched an e-learning platform ‘GO LEARN’, that provides some 50 training courses in the customs field. The launch of the online platform took place on Microsoft Teams with the attendance of Mohammed Al Ghaffari, Acting Executive Director, Human Resources, Finance and Administration ...
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ABU DHABI / WAM The central bank of the UAE has revealed that the gross assets of banks operating in Abu Dhabi and Dubai have risen to around AED2.897 trillion, by the end of April, accounting for 92 percent of total banking assets in the country, which are estimated at AED3.156 trillion. Dubai banks’ assets amounted to AED1.489.2 trillion, according ...
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RAS AL KHAIMAH / WAM Gulf Pharmaceutical Industries, Julphar, on Monday announced the launch of its AED500 million ($136.13 million) rights issue as the company progresses on its ambitious turnaround plan. The rights issue is set to improve the company’s capital position and debt profile and will provide the financial foundation for the successful implementation of the company’s medium-term growth strategy, ...
Read More »ABU DHABI / WAM The Khalifa Industrial Zone Abu Dhabi (Kizad), broke ground for a new dedicated Truck Plaza, comprising refuelling and rest facilities with the Industrial Zone. The project was introduced to HH Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Executive Council and Chairman of Abu Dhabi Executive Office, during his visit to Kizad to ...
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Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the UAE’s leading national entity spearheading global development projects, has announced an AED 1 billion initiative to support national companies during the Covid-19 pandemic. The initiative, which lasts for the duration of 2020, provides concessionary loans for national companies operating in sectors crucial to the UAE economy – such ...
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