October, 2021

• 26 October

  Emirates to recruit 6,000 operational staff over next six months

  

  Dubai / Emirates Business Emirates plans to boost its operational workforce as the carrier announced to recruit more than 6,000 staff over the next six months. As restrictions ease worldwide with the wider administration of the vaccine, additional pilots, cabin crew, engineering specialists and ground staff will be needed to support the airline’s ramp up of operations across its global ...

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• 26 October

  DFSA plans to launch cryptocurrency regulations

  

  Dubai / Emirates Business The Dubai Financial Services Authority (DFSA) on Monday launched its regulatory framework for Investment Tokens. The framework reflects the proposed regulations outlined in Consultation Paper 138 issued in March 2021 and forms the first of two phases of the DFSA’s Digital Assets regime. The regulatory framework defines an Investment Token as either a Security Token or ...

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• 26 October

  Adeeb Ahamed of LuLu Financial Holdings appointed as Al Maryah Community Bank’s board advisor

  

  Abu Dhabi / Emirates Business UAE’s first licensed digital-only bank – Al Maryah Community Bank LLC, has appointed Adeeb Ahamed, Managing Director of Abu Dhabi based LuLu Financial Holdings to the position of advisor to the board members. Adeeb, whose investments in financial services and digital payments span 11 countries in the GCC, Indian sub-continent and APAC regions, is an ...

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• 26 October

  Security plans for Dubai Airshow 2021 reviewed

  Dubai / WAM Major General Abdullah Ali Al Ghaithi, Director of Dubai’s General Department of Protective Security & Emergency and Chairman of Dubai Events Security Committee (ESC), has reaffirmed their full preparedness to ensure the highest levels of security for the Dubai Airshow 2021, which is set to be held at Dubai World Central (DWC) from November 14-18. Chairing a ...

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• 26 October

  UAE stresses need to invest in women in peacebuilding efforts

  

  NEW YORK / WAM The UAE has underscored the urgent need for strengthened investment in women in peacekeeping and peacebuilding efforts — particularly as crises continue to intensify around the world, during the UN Security Council’s annual open debate on Women, Peace and Security (WPS). Lana Nusseibeh, Assistant Minister for Political Affairs and the UAE Ambassador and Permanent Representative to ...

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• 26 October

  Circular economy to create $4.5tn in economic benefits in 10 years

  

  Dubai / WAM More than 150 participants, including sustainability and CSR experts, business leaders and academics, came together for the Dubai Dialogue 2021 conference, organised by Dubai Chamber’s Centre for Responsible Business at Expo 2020 Dubai. The annual conference, held under the theme “Accelerating the Transition to a Circular Economy”, examined opportunities and challenges of investing in the circular economy, ...

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• 26 October

  Abu Dhabi, Cuba discuss boosting economic ties

  

  Dubai / WAM Mohamed Helal Al Mheiri, Director-General of Abu Dhabi Chamber of Commerce and Industry, has discussed with Ruben Ramos Arrieta, Vice President of Cuban Chamber of Commerce, means of developing economic cooperation channels between Abu Dhabi and Cuba, and boosting talks between the business communities of both sides. This came during the meeting held between them as part ...

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• 26 October

  UAE’s AI economy opens avenues for more collaboration with US: Official

  

  DUBAI / WAM The UAE moving towards an Artificial Intelligence economy gives more opportunities for the US to strengthen the existing bilateral relations, a senior US official told Emirates News Agency (WAM). “I think all these emerging technologies give us an opportunity [for the US and UAE] to strengthen the bilateral relationship. AI is an area that the US is ...

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• 26 October

  Expo 2020 Dubai records 1.5m visits in first 24 days

  

  DUBAI / WAM Expo 2020 Dubai has recorded 1,471,314 visits since its launch 24 days ago. Continuing to bring Expo 2020 Dubai to a global digital audience, the number of virtual visitors has risen to 10.8 million since October 01, up from 9.3 million last week. These numbers were boosted by Expo’s Space Week, a stellar programme of music and ...

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• 26 October

  China’s rise is a threat US has faced for a century

  

  The US-China rivalry can be seen through many lenses. It is, as President Joe Biden has said, a competition between democracy and autocracy. It is a contest between an established power and the upstart seeking to claim its place. It is a race to master advanced technologies that will drive economic growth and military strength in the 21st century. But ...

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