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Digital Dewa, Group 42 partner to boost AI, cloud innovation in UAE

Dubai / WAM In presence of Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa) and Peng Xiao, CEO of Group 42, Digital Dewa – the digital arm of Dewa, announced a strategic partnership with Group 42 (G42), an Abu Dhabi based leading Artificial Intelligence (AI) and cloud computing company. The signing ceremony was attended ...

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Covid-19: UAE reports 60,202 total recoveries

Dubai / WAM The Ministry of Health and Prevention (MoHAP) announced on Saturday that it conducted 88,803 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, 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 treatment. ...

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‘Emirati women play significant role in development drive’

ABU DHABI / WAM His Highness Sheikh Khalid bin Zayed Al Nahyan, Chairman of the Board of Directors of Zayed Higher Organisation for People of Determination, said that the celebration of the Emirati Women’s Day this year comes under the slogan “Planning for the Emirates 50th Year: Women Supporting the Nation” because of their significant and invaluable role in the ...

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Upgradation of three metro stations 40% complete

DUBAI / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) announced that the upgrading of three stations on the Dubai Metro Red Line namely, Dubai Internet City, Damac Properties, and UAE Exchange has reached 40 percent. The improvement of stations along with the surrounding infrastructure aims to ...

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VP: UAE’s logistical system most sophisticated, efficient in region

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has stated that the UAE has a logistical system that is the most sophisticated and efficient of its kind in the region, and it is not possible to maintain ”our logistical excellence without enhancing the quality of the ...

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Invest in Sharjah webinar explores prospects for Indian businesses

Sharjah / WAM The Sharjah FDI Office, Invest in Sharjah, an affiliate of the Sharjah Investment and Development Authority, Shurooq, organised an interactive business webinar via the Zoom platform to introduce emerging prospects and investment opportunities in competitive sectors to potential investors and businesses from across India, and to highlight the range of services and facilities offered by the various ...

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UAE sends 3rd medical aid plane to Kazakhstan

Abu Dhabi / WAM The UAE on Saturday sent a third aid plane carrying 16.5 metric tons of medical supplies and testing kits to Kazakhstan. This aid will assist approximately 16,000 medical professionals as they work to contain the virus, bolstering the country’s efforts to curb the spread of Covid-19. In light of the UAE’s keenness to strengthen and develop ...

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Tadweer collects 1.05m tons of waste in H1

Abu Dhabi / WAM Abu Dhabi Waste Management Centre (Tadweer) announced that it has collected 1,056,045.50 tons of waste from domestic, small commercial entities as well as farms through its contractors in the first half of 2020 from across various regions of Abu Dhabi. Collected through the companies contracted with Tadweer to provide waste collection and transportation services, this waste ...

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Argentina vies for holdout-free debt deal as deadline nears

Bloomberg By almost every reckoning, Argentina’s $65 billion debt restructuring will be approved by a wide margin this weekend. But investors are on alert for the small risk that holdouts could make things complicated. While there’s little threat to the broad plan for most creditors to accept new bonds valued at an average of 55 cents on the dollar, some ...

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Trump announces cut to 2020 quota on steel imports from Brazil

Bloomberg President Donald Trump is cutting the cap on allowable steel shipments from Brazil, citing a slump in the US market. In a proclamation, Trump amended a previous decision under so-called Section 232 national security powers to lower the cap on allowable imports. The limits were set in 2018 as part of a deal between the nations to avoid tariffs ...

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