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MoI, UNCTAD sign pact to strengthen investment ties

ABU DHABI / WAM The UAE Ministry of Investment (MoI) and UN Trade and Development (UNCTAD) have signed a memorandum of understanding (MoU) to strengthen cooperation in investment policymaking, research, and sustainable economic development. This partnership underscores the UAE’s commitment to harbouring an investment-friendly environment and reinforcing its role as a global business hub; and aligns with UNCTAD’s commitments to ...

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Presight unveils ‘Presight LifeSaver’ for smart crisis response

ABU DHABI / WAM Presight, the company specialising in big data analytics powered by artificial intelligence, on Tuesday announced the launch of its comprehensive platform, “Presight LifeSaver,” for smarter emergency and crisis response. Launched during the World Crisis and Emergency Management Summit, the platform combines the latest AI technologies, big data analytics, and real-time insights into a unified system that ...

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AD Ports Group signs lease agreement with TW Steel

ABU DHABI /WAM AD Ports Group on Tuesday announced the signing of a 10-year lease agreement with TW Steel, a distinguished provider of prefabricated structures to deliver innovative containerised fabrication solutions, container maintenance and repair services at Khalifa Port. These solutions and services will bring flexible and sustainable solutions tailored to the specific needs of shipping lines and container operators ...

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UAE, India mark three years of comprehensive economic partnership

ABU DHABI / WAM The United Arab Emirates and the Republic of India continue to witness growing and dynamic economic relations, built on longstanding historical ties and driven by their Comprehensive Economic Partnership Agreement (CEPA), which has significantly boosted economic growth and created new trade and investment opportunities for both business communities. On May 1, the UAE and India will ...

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UAE, Armenian Presidents explore ways to strengthen bilateral cooperation

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Vahagn Khachaturyan, President of the Republic of Armenia, on Tuesday discussed ways to strengthen bilateral cooperation, especially in the economic and investment fields, in a manner that supports the development priorities of both countries. During the meeting, which took place at Qasr Al Bahr in ...

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Borouge increases dividend to 16.2 fils per share from 2025

ABU DHABI / WAM Borouge Plc shareholders have approved a final 2024 dividend and 2.5 percent share buyback programme at their Annual General Meeting (AGM). Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Chairman of Borouge, reaffirmed the company’s commitment to delivering substantial shareholder returns in front of more than ...

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UAE President: Investment in healthcare crucial for future

ABU DHABI/GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to social media platform X, formerly Twitter, to reaffirm the UAE’s commitment to prioritising healthcare as the world marks health day. His Highness Sheikh Mohamed said, “Investing in health is an investment in society’s future. On World Health Day, the UAE reaffirms its commitment to prioritising ...

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Ahmed bin Saeed opens Middle East Energy 2025

DUBAI/WAM H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, officially inaugurated Middle East Energy 2025 today as more than 1,600 energy suppliers from across the globe started a three-day showcase of their latest innovations and new-to-market technologies. Supported by the UAE Ministry of Energy and Infrastructure, this year marks the 49th edition of ...

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