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Dubai ranked among top five in shipping sector globally

Dubai / WAM Dubai has scored a new milestone in its bid to cement its leadership in the international maritime sector after it was selected as one of the world’s top five in the International Shipping Centre Development Index (ISCD). Backed by legal and legislative excellence, Dubai is known for its advanced infrastructure, world-class maritime and logistics capabilities–a competitive environment ...

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Khalifa Fund targets five strategic sectors in 2018

Abu Dhabi / WAM The Khalifa Fund for Enterprise Development announced it is targeting five strategic sectors in 2018, which are leisure and entertainment, services, professional, scientific and technical, and Information and Communications Technology, as well as support services. The fund’s announcement is in line with its vision to reinforce the competitiveness of small and medium-sized enterprises (SMEs), to contribute ...

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Hamdan bin Zayed urges ERC to intensify relief efforts in Yemen

Abu Dhabi / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), highlighted the support and attention of the UAE and its wise leadership to the current humanitarian situation in Yemen. In a phone conversation with Saeed Al Kaabi, UAE Humanitarian Operations Director for Yemen, the ...

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‘Knowledge platform’ to enhance Dubai’s healthcare sector

Dubai / Emirates Business Dubai Science Park (DSP), a science-focused business community, signed a memorandum of understanding (MoU) with OPEN Health, a communications and market access firm, Synapse Medical Services, a healthcare service provider, and Connect Communications, a strategic healthcare communications company, to launch the healthcare networking platform Advance Health. The platform converges key stakeholders in the healthcare sector in ...

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India proposes safeguard duty on China, Malaysia solar cells

Bloomberg India has recommended imposing a 25 percent safeguard duty on solar cells from China and Malaysia, saying the overseas supplies have caused or threatened “serious injury” to domestic manufacturers. Under the proposed plan, the safeguard duty would be applicable for two years, India’s Directorate General of Trade Remedies, a unit of the commerce ministry, said in the conclusion of ...

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BMW strikes deal for stake in China battery giant

Bloomberg BMW AG is the first overseas carmaker to get a potential toehold in Chinese electric-car battery maker Contemporary Amperex Technology Co. Ltd., obtaining the right to make an equity investment of as much as $427 million. BMW Brilliance, the German carmaker’s Chinese joint venture, is entitled to invest in CATL if the company plans to sell shares in China ...

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