December, 2021

• 14 December

  Stocks, futures advance before banks meet

  Bloomberg Stocks gained on Tuesday as traders prepared for this year’s last central bank meetings later this week. Treasuries and the dollar were little changed. Miners led gains in Europe’s Stoxx 600 Index, while US contracts rose after S&P 500 slid from a record and the tech-heavy Nasdaq 100 underperformed. MSCI Inc’s Asia-Pacific share index falls for a third session, ...

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• 14 December

  UAE is moving into next 50 years with confidence, enthusiasm: VP

  Dubai / WAM Chairing the last cabinet meeting scheduled for 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that the UAE has accomplished, in a short period of time, major achievements, assumed leading global ranks in various sectors, confirming that the UAE is moving into the ...

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• 14 December

  Mubadala, AD Gaming ink deal to develop esports ecosystem

  

    Abu Dhabi / WAM Mubadala Investment Company and Abu Dhabi Gaming (AD Gaming), signed a memorandum of understanding (MoU) to build a robust gaming and esports ecosystem in Abu Dhabi and the UAE. The agreement reflects the ambition of the two entities to support high-value products, creative industries and new technologies as part of Abu Dhabi’s diversification agenda. With ...

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• 14 December

  UAE, Mexico bilateral trade up 38% in 5 years

  

    Abu Dhabi / WAM UAE-Mexico bilateral trade has witnessed an approximate 38 percent upsurge in the past five years (2016-2020), a senior Mexican official told the Emirates News Agency (WAM), adding that Mexico wants to be a strategic partner for the UAE in agri-food sector. “The bilateral trade between 2016 and 2020 registered an average annual growth rate of ...

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• 14 December

  Adio hosts events for investors seeking expansion to Abu Dhabi

  

    ABU DHABI / WAM The Abu Dhabi Investment Office (Adio) connected with hundreds of global business leaders, entrepreneurs and innovators in a series of six inaugural events organised by its international office network to discuss expansion opportunities to the UAE capital. Adio’s offices in London, Paris, Beijing, Seoul, New York and San Francisco each organised an event targeted at ...

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• 14 December

  DP World to develop deep-sea port in DRC

  

    Dubai / WAM DP World, the world’s leading provider of smart logistics, and the Government of the Democratic Republic of the Congo (DRC), have signed the Collaboration Agreement for the development of the deep-sea port at Banana. In the presence of Félix-Antoine Tshisekedi, President of the DRC, the agreement was signed in Kinshasa by Cherubin Okende Senga, Minister of ...

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• 14 December

  Chimera Capital closes first VC fund at $75mn

    Abu Dhabi / WAM Chimera Capital Ltd, an ADGM regulated fund manager and a wholly owned subsidiary of Chimera Investment LLC (the Abu Dhabi-based private investment firm managing a diversified portfolio of listed and private equities around the world), announced on Monday that it has closed its first venture capital fund at $75 million. Chimera Global Fund I LP ...

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• 14 December

  UAE-Israel ties, a pivotal step towards achieving prosperity and stability

  

    ABU DHABI / WAM The Abraham Accords Peace Agreement between the United Arab Emirates and the State of Israel constituted a vital move towards achieving peace, enhancing security, and promoting stability in the region. A year after the signing of the Agreement in September 2020, the bilateral relations between the two countries have achieved remarkable development across various fields ...

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• 14 December

  UAE receives award for its role in government modernisation

  

    Dubai / WAM In a new achievement for the UAE, the United Nations (UN) honoured the UAE government with a special award in recognition of its role in government modernisation. This recognition came during the United Nations Public Service Awards ceremony, the most prestigious global award in the field of public service. The award came in recognition of the ...

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• 14 December

  UAE, Maldives discuss ways to promote defence ties

    Abu Dhabi / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, met today with Mariya Didi, Minister of Defence of the Republic of Maldives, and the accompanying delegation in the presence of Mattar Salem Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, and several senior military officers and officials at the ministry. Al Bowardi ...

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