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Abu Dhabi promoted as leading event, incentive destination in London

Abu Dhabi / WAM The Abu Dhabi Convention Bureau’s United Kingdom team concluded a month of special events targeting the business travel market to promote the emirate as a leading event and incentive destination. The promotion kicked off with an event in partnership with Jumeirah Hotels and Etihad Airways, attended by Sulaiman Hamid Almazroui, UAE Ambassador to the UK. The ...

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UAE’s Maryam Matar wins accolades at healthcare award

KUWAIT / WAM Dr Maryam Matar, founder and chairwoman of the UAE Genetic Diseases Association, has been named the pioneering Arab Woman in Healthcare Innovation for 2019. This was announced during the ceremony of the 21st Pioneer Leadership Award in Healthcare which was held in Kuwait. Dr Matar was honoured for her initiatives in enabling communities and individuals susceptible to ...

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Ajman’s digital transformation journey highlighted at WSIS

Geneva / Emirates Business The Ajman Digital Government participates in the World Summit on the Information Society (WSIS 2019) Forum in Geneva, Switzerland. The event witnessed an international participation from countries, their ministries and organisations that have taken a crucial decision in their governance of ensuring technology and information is always the core of their policies. Ajman Digital Government is ...

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SBA introduces emirati culture at Tunis Book Fair

Sharjah / WAM As part of its ongoing efforts to enhance cooperation, Sharjah Book Authority (SBA) is taking part at the 35th edition of the Tunis International Book Fair, that is taking place, under the theme, ‘We read to live twice’. The SBA is showcasing Sharjah’s cultural project and key initiatives aimed at enhancing the local publishing industry, and organising ...

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Damac secures £175mn funding for London’s landmark project

Dubai / WAM Damac International has secured a development financing package of GBP175 million for London’s landmark project, Damac Tower at Nine Elms. The partnership marks a major vote of confidence in the United Kingdom, at a time of heightened political and economic uncertainty. The securing of the £175 million across three major lenders including Barclays Bank, which acted as ...

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NCM warns sea-goers against potential strong winds, rainfall

Abu Dhabi / WAM The National Center of Meteorology (NCM) warns sea-goers in Arabian Gulf against potential convective clouds formations associated with rain fall. In a statement, NCM said thunders and fresh to strong winds are forecast at times, with a wind speed of 60 km/hr at times. Sea will be rough to very rough at times, from 1.00 am Saturday ...

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DP World to showcase ‘door-to-door’ logistics at GPCA

Dubai / Emirates Business DP World UAE Region will showcase its latest range of offerings for the petrochemicals and chemicals sector at the 11th Gulf Petrochemical and Chemical Association (GPCA) trade show that will be held from April 15-17 in Dubai. The company will highlight new door-to-door logistics solutions that cover the full breadth of the supply chain and support ...

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SoftBank’s Son to double $7.7bn stake in Uber IPO

Bloomberg Masayoshi Son will soon have some evidence to back his faith in ride-hailing: His stake in Uber Technologies Inc may be worth at least double the $7.7 billion he paid for it little more than a year ago. SoftBank Group Corp’s Vision Fund owns 16.3 percent of the world’s biggest ride-hailing company, according to Uber’s filing with the US ...

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China, Malaysia to resume East Coast rail for $10.7 billion

Bloomberg China has struck a deal with Malaysia to resume the East Coast Rail Link project at a smaller cost and scope. The project will now cost 44 billion ringgit ($10.7 billion) instead of the original 65.5 billion ringgit, according to a statement from the prime minister’s office. Premier Mahathir Mohamad revived talks on the rail link after cancelling it ...

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Ex-Nissan exec set to be COO at Hyundai

Bloomberg Former Nissan Motor Co executive Jose Munoz who served the Japanese automaker as chief performance officer is in talks with Hyundai Motor Co to take an executive role, Automotive News reported. Hyundai Motor is poised to appoint Munoz, 53, as global chief operating officer in South Korea and president of Hyundai Motor America, according to the report, which cited ...

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