Local News

Experts to explore IoT trends at Masdar forum in Abu Dhabi

Abu Dhabi / WAM The Masdar Institute of Science and Technology, a research-driven graduate-level institution focused on advanced energy and sustainable technologies, on Saturday announced that it is hosting the 2017 IFIP/IEEE International Conference on Very Large Scale Integration-System on Chips (VLSI-SoC) on the theme of ‘The Internet of Things: SoC Opportunities and Challenges’. Masdar Institute is part of the ...

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UAE, US Iron Magic 18 military exercise kicks off

ABU DHABI / WAM The joint ‘Iron Magic 18’ military exercise between the UAE Armed Forces and the US forces has started in the UAE. It is part of the joint military exercises conducted by the UAE Armed Forces throughout the year with the forces of fraternal and friendly countries in order to raise combat efficie- ncy, gain more field ...

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Musanada, Kazakh envoy discuss ties in urban projects

DUBAI / WAM Lt. General Dahi Khalfan Tamim, Deputy Chairman of Police and Public Security in Dubai, and Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) witnessed the signing of a Memorandum of Understanding (MoU) on protecting the safety of transport sector, its users, and facilities in Dubai. Nasir Hamad ...

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Abu Dhabi tourism team to promote emirate in Shanghai

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT) is leading a tourism delegation to Shanghai this month as part of a new initiative to encourage even more visitors from China to explore the emirate. China is currently the largest international source market for hotel guests staying in Abu Dhabi, with more than 242,000 Chinese ...

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Ajman Chamber, Brazil talk economic cooperation

AJMAN / WAM Abdullah Saeed Al Nuaimi, Ajman Chamber of Commerce and Industry Board of Directors Member, met with Fernando Luis Lemos Igreja, Ambassador of Brazil to the UAE, where they discussed ways to enhance and consolidate economic relations between the two sides. Al Nuaimi praised the economic cooperation between the UAE and Brazil, pointing out that the growth of ...

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Impact of VAT on bookkeeping, financial documents discussed

DUBAI / WAM The Dubai Free Zones Council and the Federal Tax Authority have organised an informative workshop on Value-Added Tax (VAT) that will be implemented in the UAE starting from 2018. The event drew the participation of more than 70 representatives of companies operating across Dubai’s various free zones. With the aim of helping free zone entities fulfil their ...

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West African markets continue to attract steady FDI inflows: Dubai Chamber

DUBAI / WAM Foreign direct investment (FDI) inflows to West African countries increased 12 percent to $11.4 billion in 2016, supported by recovering investment in Nigeria, a recent analysis conducted by the Dubai Chamber of Commerce and Industry revealed. The analysis, based on data from United Nations Conference on Trade and Development, UNCTAD, was released by the Chamber as it ...

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Louvre Abu Dhabi, Etihad join hands

ABU DHABI / WAM Louvre Abu Dhabi on Wednesday signed the first exclusive platinum partnership with Etihad Airways, at the museum’s dome. As a Platinum partner, Etihad will work closely with Louvre Abu Dhabi on areas of brand partnership, marketing, social media, public and media relations, events and exhibitions, cultural exchanges, cargo support, inflight programming, and travel trade support. Etihad Airways’ ...

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Adnic International enters UK market

ABU DHABI / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced on Wednesday its expansion into the UK market with the opening of a representative office in London, under the name ADNIC International Limited. The office will facilitate reinsurance across industrial sectors including Energy (Upstream and Downstream), ...

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Mubadala sets up US-based venture capital business

DUBAI / Reuters Abu Dhabi’s state fund Mubadala Investment Company said it has launched a venture capital arm that will oversee an early growth fund set up with Japan’s SoftBank, and a fund of funds focusing on emerging fund managers. A ventures investment team will be based in San Francisco, the first Mubadala office in the United States, it said ...

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