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UAE President condoles over Indonesia earthquake victims

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday held a phone call with Joko Widodo, President of the Republic of Indonesia. During the call, His Highness offered his sincere condolences to the President and people of Indonesia and to the families of the victims of the earthquake that struck the island of ...

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Adib Securities 9-month trade reaches AED22bn

  Abu Dhabi / WAM Adib Securities, a Shari’a-compliant brokerage firm in the UAE and a wholly owned subsidiary of Abu Dhabi Islamic Bank (Adib), reported over AED22 billion worth of trades for the nine months period ended September 30. The Abu Dhabi-based brokerage reported a 149% increase in its digital trading platform utilisation compared to the same period last ...

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UAE to enhance defense cooperation with Spain

  Abu Dhabi / WAM The accelerated growth of the UAE defense, aerospace and security industry provides an excellent opportunity for Spanish companies to collaborate and increase their industrial cooperation with UAE companies, said Tareq Abdulraheem Al Hosani, Secretary General of Tawazun Council. Al Hosani was attending a UAE-Spain Defense Meeting, held on Tuesday in Abu Dhabi. The meeting was ...

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Future of global aviation takes centre stage at 4th IAMC

  Dubai / WAM Riveting keynote speeches from leaders, compelling research papers, and speakers drawn from the industry and academia marked the opening of the 4th International Aviation Management Conference (IAMC) at Emirates Aviation University. This year’s topical theme – The Future of Aviation: Covid-19 Pandemic and Challenges – has brought together leaders, professionals, research scholars, students and academia to ...

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Fitch affirms ECI’s ratings at AA- with stable outlook

  Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, has been assigned ‘AA-‘ (Very Strong) ratings for the fourth consecutive year by Fitch Ratings, reflecting ECI’s role in supporting the diversification of the UAE economy. ECI’s Insurer Financial Strength (IFS) Rating and Long-Term Issuer Default Rating (IDR) were both affirmed at ‘AA-‘ (Very Strong) with ...

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UAEBF reiterates importance of supporting SMEs

  Abu Dhabi / WAM The UAE Banks Federation (UAEBF) organised a webinar on growth opportunities and innovation of banking solutions for small and medium enterprises (SMEs) under the theme “Changing Landscape of SME Banking in the UAE”, as part of its efforts to support this important sector and enhance its role in the economic and social development in the UAE. ...

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