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Dubai Future Foundation’s role in supporting global startups hailed

Dubai / WAM An Italian delegation led by Luigi Di Maio, Minister of Foreign Affairs, visited the Dubai Future Foundation (DFF) to learn more about the pivotal role the foundation plays in shaping the future through various initiatives, as well as its global efforts in attracting startups, entrepreneurs and talent to the region. Khalfan Belhoul, CEO of DFF, Abdulaziz Al ...

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UAE sends 50 metric tons of food aid to Tajikistan

Abu Dhabi / WAM The UAE on Wednesday sent an aid plane containing 50 metric tons of food aid to the Republic of Tajikistan as part of its humanitarian initiatives during the Holy Month of Ramadan. Ammar AlBreiki, Charge d’Affaires at the UAE Embassy in Kazakhstan, said, “The UAE and Tajikistan share strong ties. They have worked closely in many ...

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UAE reports 1,551 new recoveries from Covid-19

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 195,166 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Wednesday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

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UAE discusses mechanisms of supporting health efforts

Dubai / WAM The UAE Health Council held a meeting bringing together many public and private health entities to discuss mechanisms of enhancing, integrating and coordinating health efforts, initiatives and projects to support the country’s strategic health plans and help develop an advanced health system based on innovation and creativity. The council’s assembly is in line with the UAE’s vision ...

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AFZ highlights new opportunities for growth in education sector

AJMAN / WAM Ajman Free Zone (AFZ) showcased its advanced capabilities as a viable environment for educational institutions during its participation at the Ajman International Education and Training Exhibition (Aetex) 2021. AFZ has become an attractive destination for educational institutions to establish their operations in the United Arab Emirates and continues to witness a growing interest among higher education, training ...

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Air Arabia to resume flights to Moscow from May 1

Sharjah / WAM Sharjah-based low-cost carrier Air Arabia has announced the resumption of direct flights between Sharjah and Moscow starting May 1. Customers can now book their direct flights between Sharjah and Moscow by visiting Air Arabia’s website, by calling the call centre or through travel agencies. Ensuring the highest standards of safety at every step of the journey by ...

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Increased fish stocks recorded in Abu Dhabi waters in 2020: EAD

Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD), which has been conducting research to assess the state of fish stocks since 2001, recorded a noticeable improvement in the state of fish stocks during 2020 for some of the major commercially fished species in Abu Dhabi waters. Following continued efforts under the directives of HHSheikh Hamdan bin Zayed ...

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Korean economy joins China in surpassing pre-Covid peak

Bloomberg South Korea led the developed world to join China in exceeding the size of its pre-pandemic economy, as investment and exports helped it expand faster than expected. Gross domestic product grew 1.6% during January-March from the previous quarter, the Bank of Korea said, easily beating economists’ consensus for a 1.1% expansion. That pushed GDP above the level at the ...

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Asia’s kids risk $1.25trn in income from closed schools

Bloomberg Widespread school closures amid the pandemic will likely reduce students’ future productivity and wages, the Asian Development Bank (ADB) said, estimating the present value of prospective lost earnings at $1.25 trillion for developing Asia. The region’s students, who on average have lost nearly one-third of the academic year to school closures, could see a 2.4% decline in their future ...

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Ant-backed Zomato files for $1.1b Mumbai IPO

Bloomberg Zomato Ltd, an Indian food delivery startup backed by Jack Ma’s Ant Group Co, has filed an initial prospectus with Indian market regulator for an initial public offering that could raise as much as 82.5 billion rupees ($1.1 billion). The company plans to issue new shares to raise a maximum 75 billion rupees, while its major shareholder Info Edge ...

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