April, 2022

• 22 April

  Dubai sees AED6.3bn in week-long realty deals

  

    Dubai / WAM About 2,145 real estate and property transactions worth AED6.3 billion were conducted in Dubai during the week ending April 22, according to the Land Department of the Government of Dubai. Two hundred and twenty-five plots were sold for AED1.12 billion, and 1,436 apartments and villas were sold for AED3.2 billion, said a Land Department statement on ...

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• 22 April

  Abu Dhabi, South Korea ink deal to promote investment opportunities

  

    Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry and the Korea Federation of Small and Medium Business (KBIZ) signed a cooperation agreement to strengthen economic and trading relationships between their respective members. Signed in Abu Dhabi, the cooperation agreement stipulates that both parties shall support the business environment as a global system for positive partnerships ...

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• 22 April

  Sharjah Islamic Bank’s net profit up 13.9% in Q1 2022

  

    Sharjah / WAM Sharjah Islamic Bank (SIB) announced an increase in its operating profit before provisions by 17.1%, amounting to AED 248.5 million for the first quarter 2022, compared to AED 212.2 million for the same period of the previous year. Net profit amounts to AED 187.0 million for the quarter ended March 31 compared to AED 164.2 million ...

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• 22 April

  Medyaf launches ‘explore tourism industry in Dubai’

    Dubai / WAM Medyaf, the industry nationalisation initiative at Dubai College of Tourism (DCT), part of Dubai’s Department of Economy and Tourism, has launched the ‘Explore the Tourism Industry in Dubai’ initiative. Designed to empower Emirati talents seeking to join the tourism workforce with the fundamental knowledge and skills, the initiative offers an immersive programme of interactive workshops, field ...

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• 22 April

  UAE takes part in meet to confront illegal Israeli policies in Jerusalem

  

    Abu Dhabi / WAM Khalifa Shaheen Al Marar, Minister of State, headed the UAE delegation to the fourth meeting of the Arab Ministerial Committee in charge of international action to confront illegal Israeli policies and measures in the city Jerusalem. The meeting was held at the invitation of the Hashemite Kingdom of Jordan in its capacity as Chair of ...

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• 22 April

  Abu Dhabi, South Korea ink deal to promote investment opportunities

  

    Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry and the Korea Federation of Small and Medium Business (KBIZ) signed a cooperation agreement to strengthen economic and trading relationships between their respective members. Signed in Abu Dhabi, the cooperation agreement stipulates that both parties shall support the business environment as a global system for positive partnerships ...

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• 22 April

  Medyaf launches ‘explore tourism industry in Dubai’

  

    Dubai / WAM Medyaf, the industry nationalisation initiative at Dubai College of Tourism (DCT), part of Dubai’s Department of Economy and Tourism, has launched the ‘Explore the Tourism Industry in Dubai’ initiative. Designed to empower Emirati talents seeking to join the tourism workforce with the fundamental knowledge and skills, the initiative offers an immersive programme of interactive workshops, field ...

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• 22 April

  Over 3,000 sailors to compete in 5th Dalma Race Festival

  

    Abu Dhabi / WAM Al Dhafra Region will host the fifth edition of the Historic Dalma Sailing Festival’s 60-FT Dhow Race from May 7-20, under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region. The 60-foot traditional dhow race, with a prize fund of AED25 million, is the highlight of the ...

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• 22 April

  du donates AED1mn to ‘1 Billion Meals’ initiative

  

    Dubai / WAM du, from Emirates Integrated Telecommunications Company (EITC), has announced a donation of AED1 million to the “1 Billion Meals” initiative, the largest of its kind in the region, which aims to assist and provide sustainable food support to the underprivileged in 50 countries. The initiative has achieved exceptional success since the first days of its launch ...

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• 22 April

  General Motors, Honda in talks to develop solid-state EV batteries

  

    Bloomberg General Motors Co and Honda Motor Co are in talks about expanding their electric-vehicle partnership to include developing solid-state batteries, which automakers are chasing because they have more power, lower cost and reduced risk of fire. The companies have been discussing joint development of future batteries as they expand cooperation, though no decision has been made yet, Shinji ...

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