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DUBAI / WAM Egyptian and Emirati officials discussed collaborations to develop the content of the Digital School to provide a certified high-tech online education to reach students in disadvantaged communities across the world. In a meeting, Omar Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications and Chairman of the Board of Directors of ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has declared 2021 “The Year 50”, in the UAE, as the nation celebrates its milestone Golden Jubilee. “The Year 50” officially starts on April 6, 2021 and lasts until March 31, 2022. The declaration is coupled with the announcement of year-long initiatives, activities, and grand celebrations that ...

DUBAI / WAM Emirates Global Aluminium (EGA) on Tuesday reported adjusted earnings before interest, taxes, depreciation and amortisation (adjusted Ebitda) of AED4.1 billion ($1.13 billion) for 2020, a 63 percent increase over 2019. EGA’s smelting Ebidtda margin for 2020 was 23 percent (2019: 14 percent), ranking amongst the best globally, the company said on Tuesday. EGA flexed its aluminium product ...

Abu Dhabi / WAM The UAE gross bank assets, including bankers’ acceptances, rallied to AED3.172 trillion by the end of January 2021, figures by the central bank of the UAE have shown. Gross credit in banking system likewise grew from AED1.779 trillion by the end of December 2020 to AED1.779.2 trillion in January, with total bank deposits going up to ...

NEW DELHI / WAM The largest number of Indians returning to the jobs they had left abroad last year due to disruptions caused by the coronavirus pandemic has been to the Gulf, India’s External Affairs Minister, Dr S Jaishankar, told Parliament on Monday. “The focus of our efforts in the last few months has now shifted to Indians going back ...

ABU DHABi / WAM Upbeat sentiments continued for the third day straight at UAE financial markets amid increased cash flows that saw the twin bourses of Abu Dhabi and Dubai gaining a combined AED17.4 billion since Sunday. The two bourses on Tuesday posted gains of around AED6.6 billion in market cap, with ADX closing higher around 0.72 percent than the ...

Abu Dhabi / WAM Proven technologies for a net-zero energy system already largely exist today, finds the preview of World Energy Transitions Outlook by the International Renewable Energy Agency (Irena). Renewable power, green hydrogen and modern bioenergy will dominate the world of energy in the future. Previewed at the Berlin Energy Transition Dialogue on Tuesday, Irena’s Outlook proposes energy transition ...

Abu Dhabi / WAM The Abu Dhabi Global Market (ADGM) Registration Authority (RA), and the Registrar of Companies in the Israeli Corporations Authority, have entered into a Statement of Co-operation (SoC) with an aim of facilitating an influx of business opportunities between both jurisdictions and enhancing their respective registration functions, the regulators said in a statement. The MoU was signed ...

RAS AL KHAIMAH / WAM Major General Ali Abdullah bin Alwan Al Nuaimi, Commander-in-Chief of the Ras Al Khaimah Police and Head of the Local Emergency Crisis and Disaster Team in the Emirate of Ras Al Khaimah, on Tuesday announced a set of precautionary measures during the Holy month of Ramadan. Major General Al Nuaimi said that these decisions include ...

RAS AL KHAIMAH / WAM Major General Ali Abdullah bin Alwan Al Nuaimi, Commander-in-Chief of the Ras Al Khaimah Police and Head of the Local Emergency Crisis and Disaster Team in the Emirate of Ras Al Khaimah, has announced a set of precautionary measures during the Holy month of Ramadan. Major General Al Nuaimi said that these decisions include restrictions ...