ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX), partnered with First Abu Dhabi Bank (FAB), to distribute cash dividends to its registered investors electronically through the bank’s digital wallet, payit. The digital wallet will empower users to manage their stock exchange requirements through the “ADX Digital Wallet” powered by Payit. With payit, ADX now provides another method of distributing ...
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Abu Dhabi / WAM The UAE and Estonia can work together to help other countries in entering the digital revolution, Estonian President Kersti Kaljulaid told Emirates News Agency (WAM), in an exclusive interview. President Kaljulaid is currently visiting the UAE along with a business delegation taking part in the 24th World Energy Congress in Abu Dhabi. “Between governments, we can work ...
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ABU DHABI / WAM Abu Dhabi Commercial Bank (ADCB), agreed to sell the majority of its India banking portfolio to DCB Bank and will exit its operations in India subsequent to the transaction, subject to regulatory approvals. In a statement posted on the Abu Dhabi Securities Exchange website, the bank said that this decision will have no impact on the ...
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Abu Dhabi / WAM The region’s first-ever Body Worlds Exhibition — a traveling exposition of dissected and ‘plastinated’ human bodies — on Tuesday opened at the main campus of Khalifa University. His Highness Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court and Chairman of the Board of Trustees of Khalifa University, attended the museum’s ...
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Abu Dhabi / WAM Matar Salim Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, received at his office on Tuesday Lieutenant-General Mohamed Cheikh Ould Mohamed Lemine, Mauritanian Army Chief-of-Staff, and his accompanying delegation, where they discussed ways to enhance cooperation in the defence field. The two sides also discussed bilateral relations and ways of strengthening them, exchanged views on ...
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Abu Dhabi / WAM The Abu Dhabi General Services Company (Musanada), revealed that it has, in collaboration with the Department of Education and Knowledge (Adek), begun the construction of six schools through projects across Bani Yas, Al Rahba, Al Riyadh, Al Dhaher, Al Bahia and Shiab Al Ashkhar at the total cost of more than AED1 billion. The execution of ...
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Abu Dhabi / WAM In response to reports that some bank customers have been receiving emails from unidentified sources impersonating banks and financial institutions requesting personal data in the promise of helping them claim their Value Added Tax’s, the Federal Tax Authority (FTA) reaffirmed that tax refunds are processed only through the Authority’s official website. In a press statement is, ued ...
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Bloomberg Samsung Electronics Co and Huawei Technologies Co took turns announcing new mobile processors at the IFA technology show in Berlin, and the big thing the new chips have in common is an integrated 5G modem. In a market dominated by US rival Qualcomm Inc, the world’s two biggest smartphone manufacturers asserted a lead in delivering one of the keys ...
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Bloomberg Less than a year since the dramatic downfall of Carlos Ghosn, Nissan Motor Co is losing another leader. Chief Executive Officer Hiroto Saikawa was asked by the board to step down by September 16. He’ll be replaced by Chief Operating Officer Yasuhiro Yamauchi until a permanent replacement is named by the end of October. With Saikawa felled by a ...
Read More »Bloomberg Peter Thiel’s venture capital firm is investing $45 million into Glance, an Indian technology startup that uses artificial intelligence to personalise content for smartphones. Mithril Capital, co-founded by Silicon Valley investors Thiel and Ajay Royan, is putting in the money as part of a larger financing round, according to a statement. Glance is part of InMobi Group, a mobile ...
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