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Abu Dhabi Exchange brings out new tick sizes

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, announced the start of trading with the new tick size for stocks of companies with share price of less than AED 1.00 after successful testing of all internal systems, and technical and operational procedures relevant to operating tick sizes. ADX began operations on Saturday with the ...

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New commercial license for tech start-ups launched in Abu Dhabi

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) announced the launch of the new commercial license for ADGM tech start-ups for entrepreneurs. The start-up license is sector-agnostic and enables entrepreneurs to obtain an ADGM operational license, taking advantage of the same globally recognised international operating standards that current ADGM funds, multinationals, SMEs, advisers and other registered entities benefit from. ...

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Ministry launches artificial intelligence lab

DUBAI / Emirates Business In line with the UAE strategy for Artificial Intelligence and corresponding to the objectives of UAE Vision 2021, the Ministry of Climate Change and the Environment (MOCCAE) has launched the Artificial Intelligence Laboratory in collaboration with Khalifa University of Science and Technology and the International Renewable Energy Agency (IRENA) at the Ministry’s headquarters in Dubai. The ...

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