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Saudi mining plan gets $3b EV boost from Australian company

Bloomberg An Australian company plans to invest $3 billion in Saudi Arabia in a bet on the metals used in batteries for electric vehicles (EV). EV Metals Group Plc’s spending will be on building plants to process minerals including lithium and nickel, and later expand into exploring for the battery metals, Managing Director and CEO Michael Naylor said. It would ...

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Abu Dhabi, Brazil’s Parana to boost trade cooperation

ABU DHABI / WAM Dr Ali bin Harmal Al Dhaheri, First Vice Chairman of Abu Dhabi Chamber of Commerce and Industry, met with Carlos Massa Júnior, Governor of the State of Parana, Brazil, and the accompanying delegation at Expo 2020 Dubai to discuss the prospects of trade and investment cooperation between businesses in Abu Dhabi and Parana. During the meeting, ...

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Enoc opens new service station near Expo site

DUBAI / WAM Enoc Group has announced the opening of a new service station in Dubai South, an urban master development focused on the aviation and logistics ecosystem, in close proximity to the Expo 2020 Dubai site. This takes the total number of Enoc service stations to 156 across the UAE. The new service station will cater to residents and ...

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Ras Al Khaimah launches ‘The Address’ mapping system

Ras Al Khaimah / WAM The Ras Al Khaimah Municipality Department has officially launched the “Unified Addressing and Spatial Guidance System Project for the Emirate of Ras Al Khaimah” (The Address), which will improve the quality of life and drive sustainable development in the emirate. The Address will also help achieve the emirate’s developmental and economic plans and give it ...

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Emirates plans A380 flypast over Dubai

Dubai / Emirates Business The Emirates Expo 2020 Dubai special livery aircraft will be performing two low level flypasts over Sheikh Zayed Road and the Expo 2020 Dubai site on October 13, Wednesday morning and October 14, Thursday. Opportunities for media and the public making their morning commute to spot the aircraft will approximately be between the hours of 5am ...

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UAE approves AED290b budget for 2022-2026

ABU DHABI / WAM The UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, approved the UAE General Budget for the years 2022- 2026, with total expenditures of AED290 billion and the UAE General Budget for the year 2022, with AED58.931 billion expenditures. The meeting, held ...

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Sheikh Khaled launches AED5b Abu Dhabi IPO Fund

Abu Dhabi / WAM Under the directives of the Supreme Council for Financial and Economic Affairs, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and member of the board of Abu Dhabi Supreme Council for Financial and Economic Affairs, has launched the Abu Dhabi ...

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Enoc opens new service station in Dubai South

Dubai / WAM Enoc Group has announced the opening of a new service station in Dubai South, an urban master development focused on the aviation and logistics ecosystem, in close proximity to the Expo 2020 Dubai site. This takes the total number of Enoc service stations to 156 across the UAE. The new service station will cater to residents and ...

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Zayed University, EDB join hands to boost UAE’s higher education system

Dubai / WAM Zayed University (ZU) has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to empower the new generation of leaders through a unique model of problem-solving academia, where students are equipped with cross-disciplinary skills that are relevant in today’s fast-paced job market. The MoU was signed by Saeed Al Dhaheri, University Council Board Member, Zayed ...

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