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Etihad wins Fatima Bint Mubarak Award

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, has received the prestigious Fatima Bint Mubarak Award for Motherhood & Childhood in the category of ‘Best Initiative in the Support of Mother and Child’s Healthy Lifestyle’ for its Flying Nanny programme, which was announced at the Emirates Palace. The award ceremony marked International Children’s day on ...

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Expo 2020 Dubai introduces new platform to drive business growth

Dubai / WAM Companies from around the world can unlock business opportunities, forge international partnerships and drive growth by registering on Expo 2020 Dubai’s new global Online Marketplace (OMP). The free-to-use platform forms part of Expo 2020’s commitment to create a long-lasting economic impact by supporting companies of all sizes, especially small and medium-sized enterprises (SMEs), in line with its ...

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Dubai launches new freelance work permit for tech professionals

Dubai / Emirates Business Dubai Internet City (DIC), the largest technology business hub in the region, has launched its GoFreelance permit that will enable freelance talent to work in the technology sector. This product will further enhance Dubai’s global credentials as an incubator that thrives by innovating. Introduced by Tecom Group, a member of Dubai Holding, the GoFreelance package is ...

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Sheraa signs deal to develop entrepreneurship ecosystem

Sharjah / Emirates Business Continuing to play a key role in educating, guiding and supporting new entrepreneurs across the emirate, the Sharjah Entrepreneurship Center (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI), have signed a Memorandum of Understanding (MoU) to further develop the entrepreneurship ecosystem. The MoU, signed by HE Najla Al-Midfa, CEO of Sheraa, and HEAbdallah Sultan Al ...

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Albwardy Damen opens new shipbuilding facility in DMC

DUBAI / Emirates Business Albwardy Marine Engineering, founded in Al Jadaf in 1978 by Ali Albwardy, celebrated its 40th anniversary in the UAE along with its 10th anniversary for a successful joint venture with the Dutch shipyards ‘Damen’. Albwardy Damen, a joint venture providing shipbuilding and ship repair services to the marine and oil and gas related industries in the ...

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Adnoc to introduce Kumon method in two schools

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) announced that it has signed a partnership agreement with Japan Oil Development Co. Ltd. (JODCO) and the Kumon Institute of Education (KIE) to pilot the highly successful Kumon Method of learning mathematics in two Adnoc Schools in Abu Dhabi. The world-renowned Kumon method was pioneered in Japan and guides ...

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Surprise fuel flows sparked by US-China trade war

Bloomberg A Southeast Asian nation that was a bit player in the biofuel market is suddenly buying and selling unprecedented supplies. The US-China trade war may have something to do with it. Malaysia has emerged to displace the US as the biggest supplier of ethanol to China in just two months. It’s also the first time the Southeast Asian country ...

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Libya oil boss expect Opec cuts relief

Bloomberg Libya’s top oil chief expects Opec and allied producers to exempt the strife-torn North African country from any future cuts in crude output. “The Opec community has understood the difficulties we face— Libya has withheld more than any other country from the global market,” National Oil Corp Chairman Mustafa Sanalla wrote in a phone message. “This should be factored ...

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Nissan-Renault feud comes to surface post Ghosn’s arrest

Bloomberg Tensions between Nissan Motor Co. and Renault SA over the future of their car-making partnership have exploded into the open as the downfall of Chairman Carlos Ghosn roils the automotive industry and his top lieutenant, Hiroto Saikawa, moves to consolidate power in his absence. The two companies, which are connected via a complex structure of cross-shareholdings and joint manufacturing, ...

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SoftBank joins $1bn funding of Indonesia startup Tokopedia

Bloomberg PT Tokopedia, Indonesia’s largest online marketplace, is raising $1 billion from existing investors including SoftBank, people familiar with the matter said. The e-commerce operator is valued at about $7 billion after the round, the people said, asking not to be identified as the details are private. That would make it the most valuable startup in Indonesia, according to the ...

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