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AD Ports signs deal for new terminal in Pointe Noire Port

ABU DHABI / WAM AD Ports group signed on Wednesday a head of Terms (HoT) with the Ministry of International Cooperation and Promotion of Public Private Partnership of the Republic of Congo, for a new multipurpose terminal in Pointe-Noire. Under the HoT, AD Ports group has the exclusive right to invest in the development, operation, and management of the “New ...

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Islam’s message of compassion, peace inspired the world: UN chief

NEW YORK / WAM The Secretary-General of the United Nations (UN), António Guterres, has emphasised that Islam’s message of peace, compassion, and grace has inspired people worldwide for over a millennium. In his statement on the International Day to Combat Islamophobia, which is observed on March 15, Guterres called for attention and action to eliminate the poison of anti-Muslim hatred. ...

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UAE, India central banks to boost financial products

ABU DHABI / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the UAE, and Hub71, Abu Dhabi’s global tech ecosystem, have co-hosted the ‘Hub71 FinTech Pitch Day’ at the EDB Business Lab Abu Dhabi to support and explore growth opportunities for Hub71’s leading fintech startups. Nine Hub71 fintech startups presented advanced ...

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Tecom approves AED200m cash dividend for H2 2022

DUBAI / WAM Tecom Group has approved the group’s financial statements for the year ended on December 31 2022. The Board of Directors approved to distribute a cash dividend of AED200 million in April 2023, bringing the total amount of dividend distributions for the second half of 2022 to AED400 million. The announcement came during the Annual General Assembly Meeting ...

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EDB, Hub71 host event to support Abu Dhabi’s leading fintech firms

ABU DHABI / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the UAE, and Hub71, Abu Dhabi’s global tech ecosystem, have co-hosted the ‘Hub71 FinTech Pitch Day’ at the EDB Business Lab Abu Dhabi to support and explore growth opportunities for Hub71’s leading fintech startups. Nine Hub71 fintech startups presented advanced ...

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Tecom approves AED200m cash dividend for H2 2022

DUBAI / WAM Tecom group has approved the group’s financial statements for the year ended December 31, 2022. The Board of Directors approved to distribute a cash dividend of AED200 million in April 2023, bringing the total amount of dividend distributions for the second half of 2022 to AED400 million. The announcement came during the annual general assembly meeting at ...

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Youth-led ‘Road to COP28’ opens in Expo City Dubai

DUBAI / WAM The first COP28 Presidency-hosted and youth-led event “Road to COP28” kicked off on Wednesday at Expo City Dubai, under the patronage of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of the Higher Committee overseeing preparations for COP28. The event represents a significant moment for the country’s youth ...

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Deyaar launches seafront residential tower Mar Casa

DUBAI / WAM Deyaar Development has launched its seafront project Mar Casa with a total value of AED1.1 billion. A residential destination at Dubai Maritime City where heritage meets modernity, Mar Casa is connected to the old city, the financial centre of Dubai and the Jumeirah area. Mar Casa presents an iconic architecture that seamlessly blends the beauty of the ...

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Dewa achieves exceptional results in ‘brand finance’ rankings

ABU DHABI / WAM Dubai Electricity and Water Authority (Dewa) has been recognised as the second most valuable Middle Eastern utilities brand and its brand value has risen by 30%, according to Brand Finance, the world’s leading brand valuation consultancy. Saeed Mohammed Al Tayer, MD and CEO of Dewa, has been ranked 3rd among the top CEOs in the Middle ...

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Orthognathic Surgery Center opens in Dubai

DUBAI / GULF TIME The opening ceremony of the Orthognathic Surgery Center, specialised in dentistry and jaw surgery, was held at the Hyatt Regency Creek Heights Hotel in Dubai Healthcare City on Monday. The center’s founders Dr Ahmad Al-Zahaili, Dr Jean Francois Tulasne and a large group of senior guests, doctors, media professionals and the center’s employees attended the event. ...

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