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SDSC oks AED51.596m to settle citizens’ debts

Sharjah / WAM The Sharjah Debt Settlement Committee (SDSC) approved an amount of 51 million and 596 thousand dirhams, to settle 131 cases of citizens’ debts, being presented to the Sharjah Debt Settlement Committee. This step comes in implementation of the directives of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at ...

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AD Ports inks deal to accelerate Gulf cruise business

ABU DHABI / Emirates Business As part of its continued efforts to elevate the Arabian Gulf’s cruise business to new heights, AD Ports Group has inked an initial agreement with Diyar Al Muharraq and the Eagle Hills Diyar Company to investigate opportunities to develop and operate new cruise infrastructure in the Kingdom of Bahrain. Building on the country’s potential to ...

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Amazon to open Abu Dhabi fulfillment centre by 2024

Abu Dhabi / WAM As part of the Abu Dhabi Investment Office’s (Adio) programme to attract investment, Abu Dhabi will become home to Amazon’s most technologically advanced fulfillment centre in the region. Expected to be launched by 2024, the new fulfillment centre comes as part of a wider collaboration between Amazon and Adio which will also unlock job opportunities over ...

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ECI teams up with Tradeling to boost trade in Mena region

Dubai / WAM Giving a major boost to trade relations and continued business growth in the region, Etihad Credit Insurance, the UAE Federal export credit company, signed a memorandum of understanding (MoU) with Tradeling, the hyper-growing eMarketplace focused on business-to-business (B2B) transactions in the Middle East and North Africa region. Under the agreement, signed by Massimo Falcioni, CEO of ECI, ...

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UAE stresses importance of concerted global efforts to fight human trafficking

NEW YORK / WAM The UAE has stressed the importance of concerted international efforts to combat human trafficking during the United Nations General Assembly high-level meeting on the appraisal of the Global Action Plan to Combat Trafficking in Persons. The UAE praised the plan as “an important tool for unifying global efforts” and emphasised its commitment to action on the ...

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NYU Abu Dhabi welcomes 530 students in 12th class

Abu Dhabi / WAM New York University Abu Dhabi (NYUAD) welcomed its 12th class of 530 students this fall, coming from 87 countries and six continents, and speaking more than 75 languages. With the Class of 2025, the undergraduate student population now stands at more than 1,800 from over 120 countries and all seven Emirates in the UAE. Students at ...

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AED10b housing package for UAE citizens approved

Abu Dhabi / WAM Under the directives of the President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Abu Dhabi Executive Council, has ordered the disbursement of housing loans and houses, and residential plots ...

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ERC opens two residential complexes in Zanzibar

ZANZIBAR / WAM The Emirates Red Crescent Authority (ERC) opened the Abu Dhabi Residential Complex and Dubai Residential Complex in Nungwi and Pemba areas in Zanzibar region of Tanzania as part of the UAE humanitarian and developmental support to improve living standards in the region. The two complexes, which include 60 houses and associated healthcare, educational, electricity, water and environmental ...

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MoIAT, Siemens ink deal to speed up digitisation of UAE’s industrial sector

Abu Dhabi / WAM The UAE’s Ministry of Industry and Advanced Technology (MoIAT) has announced a partnership with Siemens to accelerate the assessment of the digital maturity of the UAE’s industrial companies and develop a strategic roadmap to implement Industry 4.0 frameworks. The program will be overseen by MoIAT and Siemens in order to address a broad range of topics ...

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Dubai issues nearly 11,000 instant licences

DUBAI / WAM The Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism in Dubai reported that 10,707 Instant Licences were issued during the first 10 months of 2021, among which 63% were professional and 37% were commercial. The Instant Licence is a path-breaking service whereby businessmen can establish and conduct business in Dubai easily with ...

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