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du to revolutionise UAE’s healthcare with blockchain technology

  Dubai / WAM Together with the support of Dubai Future Foundation through the Global Blockchain Council, du on Monday announced plans to revolutionise healthcare in the UAE using pioneering blockchain technology. For the first time in the UAE, du’s pilot will introduce a safer common system for instantly sharing and verifying electronic health records (EHR) between hospitals and clinics. In ...

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UAE and Chad keen to forge economic coop

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received visiting Chadian President Idriss Deby. The two leaders discussed ways of bolstering cooperation between the UAE and Chad to serve the common interests of the two countries, with a focus on ...

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Etihad ESCO, Drydocks World sign service pact

  ABU DHABI / WAM Etihad ESCO and Drydocks World signed a service agreement to prepare for, and evaluate the potential for on-site solar energy generation. Under the agreement, Etihad ESCO will improve facilities to reduce electricity and water use and study ways to recycle waste water for Drydocks World, which is the largest shipyard service provider to the shipping, offshore, ...

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DED’s Arabic directory to help businessmen, investors in Dubai

  Dubai / WAM The Department of Economic Development (DED) in Dubai has published an Arabic directory on the various economic activities licensed in Dubai, as part of department’s efforts to help businessmen and investors save time and improve overall ease of doing business as well as competitiveness in the emirate. The initiative which is aimed at promoting sustainable economic development ...

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Dubai to host largest Indian property show from June 2

  Dubai / Emirates Business Sumansa Exhibitions brings to you an opportunity to witness the biggest and largest 18th edition of Indian biannual real estate expo in emirates at the Dubai World Trade Centre Zabeel Hall 5 from June 2-4. The expo will witness more than 150 renowned developers with a promise of over 15,000 potential visitors. With free entry ...

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Japan’s stalled retail sales delays Abe’s tax increase

Tokyo / Bloomberg Japan’s retail sales growth stalled, underscoring weakness in private consumption and increasing the likelihood that Prime Minister Shinzo Abe will delay a sales-tax increase planned for next year. Sales were unchanged in April from the previous month, a government report showed on Monday. The median forecast of economists surveyed by Bloomberg was for a 0.6 percent decline. ...

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Hindalco gains as profit doubles

  New Delhi / Bloomberg Hindalco Industries Ltd. shares surged after India’s second-biggest aluminum producer more than doubled profit in the fourth quarter and named a new managing director to lead the company. Hindalco appointed Deputy Managing Director Satish Pai from Aug. 1 to replace D. Bhattacharya, who resigns after helming the billionaire Kumar Mangalam Birla-owned company since 2003. Pai, ...

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Maruti halts production after fire in plant

  Mumbai / Bloomberg Maruti Suzuki India Ltd. fell the most in almost two weeks after a fire at a component supplier disrupted supplies prompting the unit of Suzuki Motor Corp. to suspend production at both its factories. Shares of Maruti declined as much as 2.2 percent, the most intraday since May 18. They traded at 4,066.55 rupees, down 1.9 ...

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Galaxy Resources to buy General Mining in lithium takeover

  Perth / Bloomberg Galaxy Resources Ltd., an Australian lithium developer, agreed to acquire joint-venture partner General Mining Corp. in a deal that values its target at A$216 million ($155 million). Shares in the two companies surged. Perth-based Galaxy offered 1.65 new shares for each General Mining share it doesn’t already own, it said in a statement on Monday. The ...

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