October, 2022

• 14 October

  Private bets shielding world’s largest investors from market mayhem

  

  Bloomberg A shift towards private markets is cushioning many of the world’s largest investors from the wreckage wrought by runaway inflation and spiralling interest rates. The big question now looming over giants from China’s $1.2 trillion sovereign wealth fund to California’s public pension, the largest in the US, is how long those private bets will remain insulated as the economic ...

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• 14 October

  Now, drone logistics services set to fly high in Abu Dhabi

  

    Abu Dhabi / WAM Maqta Gateway, the digital arm of AD Ports group, Emirates Post Group, the official postal operator for the UAE, and SkyGo, an aerial logistics provider, are set to trial a new initiative that would provide a comprehensive aerial drone delivery and other services in Abu Dhabi. The three organisations will collaborate on a trial programme ...

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• 14 October

  Abu Dhabi to host 21st World Congress of IST on October 16

    Abu Dhabi / WAM Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, the 21st World Congress of the International Society on Toxinology (IST), will be organised by Amsaal, the first of its kind company in the Middle East, during October 16-21 in Abu Dhabi. The event is ...

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• 14 October

  du to build 5G centre of excellence in Masdar City

  

    Abu Dhabi / WAM du, from Emirates Integrated Telecommunications Company (EITC), is partnering with Masdar City, a global leader in sustainable innovation and development, to build a 5G Centre of Excellence (CoE) in Masdar City, Abu Dhabi. The memorandum of understanding (MoU) was signed at Gitex Global 2022, where du is presenting an innovative showcase under the theme “Powering ...

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• 14 October

  UAE can become inspiration for future of int’l sports investing

  

  Dubai / WAM Bernard Caiazzo, President of the World Corporate Summit, said the UAE has the appropriate vision and components that will make it a source of innovation and inspiration for the future of international sports investing. The World Corporate Summit signed a memorandum of understanding (MoU) with Investopia, a new investment platform established by the UAE government in September ...

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• 14 October

  Scad signs service pacts with government entities

  

    Abu Dhabi / WAM Statistics Centre – Abu Dhabi (Scad) has signed service agreements with government entities in Abu Dhabi to strengthen data collaboration and provide statistical analyses using artificial intelligence (AI) applications and simulation models that can achieve efficient management of resources in Abu Dhabi. Under the agreements, the entities will get access to the SCAD’s Insights and ...

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• 14 October

  New eLink station opens in Dubailand

    Dubai / WAM Enoc Link, an Enoc group innovative digital venture company, on Thursday launched its newest eLink station, located in Living Legends, a residential community in Dubailand. The new eLink station, located in the Andalusia Courtyard, will offer residents and visitors to the community and neighbouring areas easy access and convenient fuelling services from 7 am to 11 ...

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• 14 October

  Adnoc Drilling awarded $1b contract for two offshore rigs

  

    Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Thursday the award of a contract worth $980 million (AED3.6 billion) to Adnoc Drilling to hire two jack-up offshore rigs and associated manpower and equipment. The contract, awarded by Adnoc Offshore, will support the expansion of Adnoc’s production capacity as it responds to the growing global demand ...

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• 14 October

  Abu Dhabi’s Taqa commits to cut emissions 25% by 2030

  

  Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) announced on Thursday a comprehensive 2030 environmental, social and governance (ESG) strategy. The ESG strategy includes the national low-carbon power and water champion’s interim greenhouse gas (GHG) emissions reduction goals and is a credible step towards achieving its net-zero ambitions by 2050. Under the strategy, Taqa has committed to a ...

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• 14 October

  Zayed University, Oracle to partner on education innovation

  

    Dubai / WAM Zayed University and Oracle on Thursday signed a memorandum of understanding (MoU) at Gitex Global 2022 to expand their partnership into innovative new technologies. This builds on Zayed University and Oracle’s existing 15-year partnership. As part of the new agreement, Oracle will support Zayed University on its digital transformation strategy in the areas of artificial intelligence, ...

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