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Tawazun injects AED2bn annually in added value

  Abu Dhabi / WAM Tawazun Economic Council (Tawazun) – the UAE defence and security acquisitions authority for the UAE Armed Forces, Abu Dhabi Police and national security agencies – injects, through its Tawazun Economic Programme, AED2 billion annually as an added value to the national economy, said Tareq Abdulraheem Al Hosani, Chief Executive Officer of Tawazun. Al Hosani made ...

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Taqa, Adnoc, Mubadala enter binding pacts for acquisition of Masdar stake

  Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa), Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company have entered into binding agreements for Taqa and Adnoc to purchase stakes in Abu Dhabi Future Energy Company (Masdar) from Mubadala. This is a major milestone towards completing the transaction announced late last year by President His Highness Sheikh ...

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G42-AstraZeneca deal to advance life sciences

  Abu Dhabi / WAM G42 Healthcare, an Abu Dhabi-based leading health tech company and subsidiary of G42, an artificial intelligence and cloud computing company located in Abu Dhabi, signed a letter of intent (LOI) with global biopharmaceutical company, AstraZeneca, in the presence of the Department of Health – Abu Dhabi (DoH), to expand their collaboration into the domains of ...

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