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China’s Jinsha Holding to boost cooperation with Abu Dhabi

Abu Dhabi / Emirates Business Chairman of the Board of Directors of Jinsha Holding Group, Leo Liu, met Mohamed Khalifa Al Mubarak, Chairman of Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), at the Louvre Abu Dhabi. During the meeting, they discussed opportunities for cooperation between the two sides in cultural, educational and media fields. Liu expressed ...

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UAE, UK sign deal for cultural cooperation

Dubai / WAM The UAE Ministry of Culture and Youth has signed a Memorandum of Understanding (MoU) with the UK’s Department for Digital, Culture, Media & Sport (DCMS) to reinforce cooperation in cultural fields related to tangible and intangible cultural heritage, literature, visual and performing arts, audio-visual media, design, cultural and creative industries. The two countries will also work together ...

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UAE, Cyprus, Greece ministers hold tripartite meet

DUBAI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, held a tripartite meeting with Nikos Dendias, Minister of Foreign Affairs of Greece, and Nikos Christodoulides, Minister of Foreign Affairs of Cyprus. During the meeting, which was held in Dubai, the parties discussed partnership and cooperation relations between the three countries and ...

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UAE calls for unifying global efforts to support aspirations of Libyans

Abu Dhabi / WAM Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, representing President His Highness Sheikh Khalifa bin Zayed Al Nahyan, participated in the “Paris International Conference for Libya,” which was held in Paris. During his speech, the minister conveyed the greetings and appreciation of the UAE leadership to France, Germany, Italy, Libya and the United ...

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Noor Dubai’s mobile eye camp in Ghana helps over 2,000 people

Dubai / WAM Noor Dubai Foundation organised its latest Mobile Eye Camp at Tamale, the capital city of the Northern region of Ghana, where over 2,000 people benefitted through the programme’s activities, which included screening and providing diagnosis for eye care, conducting surgeries, and distributing spectacles Around 500 surgeries were conducted to restore the sight of hundreds of people. Guided ...

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COP26 seals breakthrough climate deal after compromises

Bloomberg Negotiators from almost 200 countries clinched a deal that seeks to keep the most ambitious goal of the Paris Agreement alive, breaking new ground in the fight against climate change but punting the hardest decisions into the future. After two weeks of often fraught United Nations COP26 talks, delegates agreed to reduce the use of coal, end “inefficient” fossil-fuel ...

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Forget words of COP26 deal. Follow the money

For all the weeks of negotiation and hard-headed diplomacy that go into the text of an international agreement, the words that result in the end aren’t a magic spell. Whether the communique resulting from the Glasgow climate conference promises to “accelerate the phasing out of coal and subsidies for fossil fuels” (as initial drafts proposed) or instead to escalate “efforts ...

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Opendoor didn’t mess up iBuying

Few people can have seriously expected Opendoor Technologies Inc to suffer the sort of calamity that real estate listings giant Zillow Group experienced recently at its so-called iBuying unit. The housing market has cooled a little but it’s still a great time to be flipping homes, providing you don’t mess up the basics. Still, there was understandable relief when Opendoor ...

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For J&J, resistance to a breakup proved futile

Now it’s Johnson & Johnson’s turn to break itself up. The $435 billion US pharmaceutical behemoth is to carve out its consumer-health arm, leaving behind a more focused drug-discovery and medical-devices business. The idea of spinning off the company behind Listerine mouthwash and Band Aids has been in the air for some time — because it makes eminent sense. The ...

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Xi Jinping’s victory lap looks a little premature

The Communist Party’s historical resolution that smooths the way for Xi Jinping to rule indefinitely doesn’t shrink from bestowing greatness on China’s leader. That notably includes giving him credit for successfully completing an economic transition that has far from run its course. China’s development “has become much more balanced, coordinated, and sustainable,” says the communique released by the official Xinhua ...

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