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Dubai and Hamburg ink deal to expand strategic partnership

Dubai / WAM Dubai Chamber and Hamburg Chamber of Commerce have signed a Memorandum of Understanding (MoU) to renew their strategic partnership, initiated in 2007, and foster closer ties between the UAE and German business communities. The agreement, signed on the sidelines of the 12th World Chambers Congress (WCC) in Dubai, focused on the common goals of innovation, with a ...

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Orthocure SportsMed Clinic opens at The Mall in Jumeirah

Dubai / Emirates Business Orthocure — the brainchild of Dr Saeed and Dr Ali — pioneers in the field of Orthocare and orthopedic surgery who originally conducted numerous orthopaedic surgeries at Mirdif, found that with their expertise in robotic surgery and a growing clientele with demand for sports rehab programs and holistic non-invasive treatment, an upgrade was needed. In alliance ...

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ITC launches first self-driving taxi in Abu Dhabi

Abu Dhabi / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi has revealed, at the Abu Dhabi Smart City Summit, the self-driving vehicle and launch date of the first pilot phase of “TXAI”, which is a new service that utilises self-driving taxis to transport passengers on Yas Island in Abu Dhabi. ...

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Sheikh Mohamed to discuss bilateral ties with ErdoÄŸan

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, will be on an official visit to Turkey on Wednesday, at the invitation of President Recep Tayyip ErdoÄŸan. His Highness will discuss with the Turkish President the prospects of consolidating bilateral ties across various ...

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Oil advances with global SPR release smaller than expected

Bloomberg Oil climbed, erasing an earlier loss, as a landmark plan from consumers to tap their strategic oil reserves was less severe than markets expected. Futures in New York wiped out losses to trade above $77 a barrel after Tuesday’s statement from the White House. While the headline size of the US release is large, a significant chunk of the ...

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Sheikh Mohamed, Italian PM discuss ways to enhance ties

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a phone call from the Italian Prime Minister, Mario Draghi. During the conversation, His Highness Sheikh Mohamed bin Zayed and Draghi discussed bilateral ties between the two friendly countries and ways to enhance ...

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Israel-Dubai trade rises to AED2.57b: Diplomat

DUBAI / WAM The bilateral trade between Israel and Dubai has reached AED2.57 billion since the Abraham Accords was signed in September 2020, a senior Israeli diplomat told Emirates News Agency (WAM). “We have this huge amount of trade (even though) Israel was closed completely for foreigners, and sometimes for Israelis, too, up to November 1, because of Covid-19. It ...

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Dulsco unveils unique oil re-refinery plant in UAE

DUBAI / WAM The Environmental Solutions vertical of Dulsco Group has launched an advanced Oil Re-Refinery Plant, the first of its type in the region. The facility, located at Jebel Ali, spans over 14,000 square metres. Progress within any industry comes at the expense of an unfortunate by-product ”Waste”. Progressively developing economies such as the UAE’s value sustainability as an ...

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Khalifa Fund launches initiative to boost performance of businesses

Abu Dhabi / WAM The Abu Dhabi SME Hub, a Khalifa Fund initiative, launched the “Access to Experts” programme, which will allow entrepreneurs to connect with leading industry mentors via the digital platform. Through the new programme, entrepreneurs will have access to a list of experts across three main themes: access to the Abu Dhabi market; business expertise, including design ...

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EDB, ADFD join hands to support firms

Abu Dhabi / WAM Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, has signed a Memorandum of Understanding (MoU) with the Abu Dhabi Fund for Development (ADFD). As part of this MoU, EDB will provide innovative financing and banking solutions, credit guarantees and joint lending for the beneficiaries of ADFD’s programmes ...

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