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Expo 2020 Dubai: Two million visitors expected at China pavilion

ABU DHABI / WAM The Chinese Pavilion at Expo 2020 Dubai is expected to receive around two million visitors, a top executive of the Chinese Business Council (CBC) in the UAE told Emirates News Agency (WAM), adding that the global event will also help “attract more overseas enterprises to the UAE and open new opportunities for Chinese businesses in the ...

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Emirates ramps up US flights from next month

DUBAI / WAM Emirates is increasing flight frequencies to a number of US destinations starting October. The airline has been building up connectivity in response to growing customer demand on the back of rising travel confidence and the easing of international travel protocols. There has also been a growing interest from US travellers to visit Dubai, a city that offers ...

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Abu Dhabi Ports, Iraq’s GCPI ink deal to boost investments

ABU DHABI / WAM AD Ports Group, the leading global driver of trade and logistics, signed a Memorandum of Understanding (MoU) with the General Company for Ports of Iraq (GCPI) to promote increased cooperation between the two organisations within the fields of transportation and maritime. Facilitated during a visit of a high-level delegation led by the Iraqi Minister of Transportation, ...

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EDB launches business banking app for SMEs

Abu Dhabi / Emirates Business Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, is launching the EDB Business Banking app in partnership with YAP, a leading UAE-based fintech, to support small and medium-sized enterprises (SMEs) operating in the UAE. The launch of the app is integral to EDB’s new strategy unveiled ...

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Deyaar breaks ground on new project in Business Bay

Dubai / Emirates Business Deyaar Development PJSC (Deyaar), one of Dubai’s leading property developers and real estate service providers, announced the appointment of Gulf Asia Contracting, the construction vertical of RP Group, as a main contractor to build Regalia – a skyscraper in Business Bay offering a smart, high-end urban lifestyle embodied by royalty and distinction. A groundbreaking ceremony held ...

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Gastech opens in Dubai today

Dubai / WAM Gastech, the world’s foremost exhibition and conference, begins on Tuesday at the Dubai World Trade Centre. The event, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, is organised by dmg events and will take place from September 21-23. It will converge ...

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16,000 new companies join Dubai Chamber in first 8 months of 2021

Dubai / WAM A total of 16,000 new companies joined Dubai Chamber in the first eight months of 2021, bringing its total membership to over 275,000, a year-on-year growth of 68.5 percent. The value of ATA Carnets, international customs documents that permit temporary import of duty-free and tax-free goods, issued by Dubai Chamber and received by the country, between January ...

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UAE embassy in Beirut holds seminar on Human Fraternity Document

Beirut / WAM The UAE Embassy in Beirut has held a virtual seminar entitled, “The Importance of the Human Fraternity Document to Research and Academic Work.” The seminar was attended by Prof Roula Talhouk, Director of the Islamic Christian Research and Documentation Centre (CEDIFR), at the Saint Joseph University of Beirut; and Dr Bilal Orfali, Sheikh Zayed Professor for Arabic ...

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UAEU granted patent for innovative low-energy desalination system

Al Ain / WAM Researchers at the United Arab Emirates University (UAEU) have made an unprecedented scientific advance that has the potential to revolutionise the water desalination industry. Scientists in the university’s National Water and Energy Centre have invented a new desalination system that dramatically reduces energy consumption during the desalination process. The low-energy desalination system has been granted a ...

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SoftBank leads $450m round by used-vehicle site Cars24

Bloomberg Cars24 Services Pvt is raising $450 million in equity and debt from SoftBank Group Corp and other investors, underscoring growing demand for used vehicles as Covid disruptions and systemic chip shortages crimp auto production. The round values India’s largest used-car site at $1.84 billion, almost doubling from the end of last year. SoftBank, DST Global and Falcon Edge Capital ...

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