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Abu Dhabi Ports, MAI enter deal to boost UAE-Israel trade

ABU DHABI / WAM Abu Dhabi Ports and the Manufacturers Association of Israel (MAI) on Wednesday signed an agreement to enhance trade, investment and technology cooperation between the UAE and Israel, in the presence of Falah Mohamed Al Ahbabi, Member of the Abu Dhabi Executive Council and Chairman of Abu Dhabi Ports. The Memorandum of Understanding opens a dialogue between ...

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Fujairah oil stocks up 12%, biggest gain since February

FUJAIRAH / WAM Stockpiles of oil products at Fujairah jumped 12 per cent in the week to December 7, the biggest rise since February amid signs of slowing exports from the UAE port, according to data issued on Wednesday by the Fujairah Oil Industry Zone (FOIZ). The total stood at 23.088 million barrels as of December 7, the highest since ...

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flydubai starts flights to Grozny

DUBAI / WAM flydubai on Wednesday announced the start of flights to Grozny, the capital of Chechnya in Russia, making it the first carrier to offer direct flights on this route from the UAE. Flights between Dubai International (DXB) and Grozny Airport (GRV) will operate twice weekly starting from December 7, 2020. flydubai has been operating flights to Russia since ...

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UAE’s EDGE ranks among world’s top 25 military firms

ABU DHABI / WAM Marking its first year, EDGE, the UAE’s advanced technology group for defence and beyond, was ranked among the top 25 military suppliers in the world by the Stockholm International Peace Research Institute (SIPRI), a think tank that specialises in data analysis of military expenditure and arms trade among other peace and security related matters. With this ...

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Louvre Abu Dhabi inks pact with Accenture

Abu Dhabi / WAM Louvre Abu Dhabi has signed a one-year agreement with Accenture to help deliver its ambitious digital programme. The global professional services company with leading capabilities across more than 40 industries, including major international museums, will support Louvre Abu Dhabi in the transformation and integration of the museum’s digital ecosystem. This includes the development and implementation of ...

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Abu Dhabi to resume all activities within two weeks

Abu Dhabi / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee for the Covid-19 Pandemic has announced that it has started working with all concerned and relevant authorities to fully resume economic, tourism, cultural and entertainment activities in the emirate within two weeks. This decision comes after the success of efforts made to maintain a low percentage of confirmed ...

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Global Knowledge Index launched

DUBAI / WAM The United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) unveiled the 2020 results of the Global Knowledge Index (GKI) during the press conference that took place in Dubai and streamed globally. The UAE’s results in the Global Knowledge Index 2020 reflect the determination and efforts of experts, decision makers, and ...

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Central Bank of UAE marks 40 years of achievement

ABU DHABI / WAM December 10 marks the 40th anniversary of the Central Bank of UAE’s (CBUAE) establishment, replacing the UAE Currency Board, as per the Union Law No (10) of 1980. The UAE’s economic and financial journey spans more than 47 years, starting in 1973 when the UAE Currency Board was established and mandated with issuing the UAE dirham, ...

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UAE among top 5 most connected countries globally

DUBAI / WAM The UAE has emerged as one of the top five most globally connected countries in the world according to the DHL Global Connectedness Index 2020 released on Wednesday. Now in its seventh edition, the report compiled in collaboration with DHL and the NYU Stern School of Business provides a comprehensive assessment of globalisation during the Covid-19 pandemic. ...

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Innovation will be at the heart of new era in aviation: ICAO

MONTREAL / WAM Salvatore Sciacchitano, President of the International Civil Aviation Organisation (ICAO) Council, said that innovation will play a key role in the aviation sector’s recovery strategies. “Looking forward to a post-pandemic world, innovation will be at the very heart of the new era in aviation which is now dawning,” said Sciacchitano in a statement on the International Civil ...

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