October, 2021

• 28 October

  Hub71 accepts latest cohort of startups to join its community

  

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has selected its new cohort of startups to join its community in the UAE capital. Hub71 is increasing market access for founders worldwide to join and partner with Abu Dhabi’s rapidly growing tech ecosystem, which is now ranked in the top 10 startup ecosystems worldwide, according to Startup Genome. The ...

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• 28 October

  UAE, Rwanda to further boost bilateral relations

  

  KIGALI / WAM Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, has met with President Paul Kagame of the Republic of Rwanda, in the capital, Kigali, to review ways to further boost bilateral ties between the two countries in various fields of common interest. Sheikh Shakhbout conveyed to President Kagame the greetings of President His Highness Sheikh ...

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• 28 October

  IAF: UAE is no longer emerging space nation; it’s an established player

  

  Dubai / WAM The UAE has successfully become an established space player, an international space advocacy organisation said on Wednesday. Speaking with the Emirates News Agency (WAM), Pascale Ehrenfreund, President of the International Astronautical Federation (IAF), said the space sector has become extremely vibrant as more emerging countries and commercial players are entering it. “I think the UAE is not ...

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• 28 October

  UAE leverages cloud seeding to tackle water scarcity, regionally and globally

  

  ABU DHABI / WAM The UAE has adopted state-of-the-art technologies to ensure the sustainability of water resources that are mainly fed by precipitation, as part of the country’s leading role in tackling the most pressing global issues that demand urgent action including water security. Cloud seeding plays a crucial role in reengineering the planet earth through mitigating drought, enhancing water ...

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• 28 October

  Indian state, UAE firm discuss investment cooperation

  Abu Dhabi / Emirates Business A government delegation from Telangana, India, headed by Mrs Kavitha Kalvakuntla, Member of Telangana Rashtra Samithi and daughter of the chief minister of Telangana, visited Dr Mubarak Hamad Marzouq Al Ameri, Chairman of the Board of Directors of Green Gate Investment Company, in his residence in Al Ain. They discussed mechanisms of investment and economic ...

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• 28 October

  Al Murabbaa Arts Festival begins today

  Ajman / WAM The first edition of Al Murabbaa Arts Festival, organised by Ajman Tourism Development Department (ATDD), kicks off on Thursday, featuring an elite group of contemporary art pioneers and creative minds from across the UAE. The event is being held under the patronage of HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of ...

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• 28 October

  And, India is no place for US-style investor activism

  

  Aggressive, no-holds-barred shareholder activism has met with plenty of cultural resistance in Asia, most notably in Japan and South Korea. Now, it’s India’s turn to curb American investors’ enthusiasm. Or so it would seem from the latest twist in the fight over Zee Entertainment Ltd, the country’s largest publicly traded television network. “Sometimes, it happens that a company must be ...

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• 28 October

  Shurooq to showcase latest eco-tourism projects at WTM 2021

  

  Sharjah / Emirates Business As part of its continuous efforts to promote Sharjah’s investment landscape across its tourism sector and showcase its upcoming projects and new partnerships, the Sharjah Investment and Development Authority (Shurooq) will be participating in the World Travel Market 2021, to be held as a hybrid event – physical and virtual – in London, from November 1 ...

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• 28 October

  Microsoft may again unseat Apple

  

  Microsoft Corp is in the technology sweet spot. With another stellar quarter fueled by growth of the cloud computing business, the software giant is showing that it could have the best fundamental outlook among its tech giant peers. The company said revenue totaled $45.3 billion in its fiscal first quarter, a jump of 22% from a year earlier and more ...

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• 28 October

  Bond market needs just one thing from ECB 

  The European Central Bank (ECB) policy meeting was meant to be a snoozer. The important decisions on post-pandemic monetary stimulus aren’t really expected until the quarterly review on December 16. However, the recent sharp rise in short-end yields will probably compel ECB President Christine Lagarde to come up with dovish smooth-talk. It will take all her considerable political skills to ...

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