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Blue Ocean Academy CEO Dr Sathya Menon receives UAE golden visa

Dubai / Emirates Business Dubai-based Indian entrepreneur and CEO of UAE’s leading corporate training services brand Blue Ocean Academy, Dr Sathya Menon was honoured with the much-coveted 10-year UAE Golden Visa. “I am deeply honoured and humbled by this great gesture shown to me by Dubai’s ruling authorities. I have always been fascinated by the visionary leadership of our beloved ...

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Mohammed bin Rashid visits Expo 2020’s operation room

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited the operations centre of the Expo 2020 venue in Dubai, ahead of the start of the mega event. Being held for the first time in the Middle East, Africa and Southeast Asia, the event, billed as ...

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Dubai non-oil foreign trade up 31% to AED722bn in H1 2021

DUBAI / WAM Dubai’s non-oil external trade surged 31 percent in the first half of 2021 to reach AED722.3 billion from AED550.6 billion in the corresponding period in 2020. Exports grew 45 percent year on year (YoY) in H1 2021 to AED109.8 billion from AED75.8 billion, which supports the goal of the 10 x 10 programme (one of the nation’s ...

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Adnic contributes AED3mn to Ma’an Social Investment Fund

Abu Dhabi / WAM Abu Dhabi National Insurance Company (Adnic) has contributed AED3 million to the Social Investment Fund, administered by the Authority of Social Contribution – Ma’an, to support the Abu Dhabi community in addressing its most pressing social challenges. Adnic’s contribution will help finance further social impact programmes and be used towards tackling key social causes such as ...

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ERC inaugurates phase 2 of service projects in Rohingya refugee camps

COX’S BAZAR / WAM The Emirates Red Crescent (ERC) inaugurated phase 2 of its service projects in refugee camps in Rohingya, Bangladesh, as part of the initiative launched by HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), who ...

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Global Village voted as ‘best family attraction in Middle East’

Dubai / WAM Global Village, the UAE and wider region’s leading multicultural family destination for culture, shopping, and entertainment, has been recognised as the “Best Family Attraction in Middle East 2021” at the International Travel Awards 2021. This achievement celebrates the destination’s track record of delivering wonderful experiences to guests of all ages from around the globe. This recognition bodes ...

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Oil posts fifth weekly gain as global markets tighten

Bloomberg Oil rises for the fifth straight week with the global energy crunch set to boost demand for crude as stockpiles decline from the US to China. Futures in New York gained 2.8% this week. The global benchmark Brent settled at the highest in nearly three for the second day in a row. Global onshore crude supplies sank by almost ...

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Energy crisis puts world’s most ambitious climate plan to test

Bloomberg The record spike in energy prices could hardly have come at a worse time for Europe’s ambitious new climate plan, with politicians just beginning to talk about how they’re going to implement the world’s most sweeping emissions-cutting strategy. The energy crisis is threatening double-digit increases in consumer electricity bills months before the winter freeze and it’s also squeezing industrial ...

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EDB inks deal to offer credit guarantee scheme for SMEs

Abu Dhabi / Emirates Business The Emirates Development Bank (EDB), a key financial enabler of country’s economic diversification and industrial transformation agenda, signed a Memoradum of Understanding (MoU) with Emirates NBD, a leading banking group in the Menat (Middle East, North Africa and Turkey) region, to offer a credit guarantee scheme for SMEs in the UAE. The MoU with Emirates ...

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10th edition of IGCF opens in Sharjah

Dubai / WAM The 2021 edition of the International Government Communication Forum (IGCF) launches on Sunday at Expo Centre Sharjah, under the patronage of His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. The milestone 10th edition of the prestigious two-day forum promises to be rich and diverse, bringing together a host of ...

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