June, 2021

• 24 June

  Mohammed announces 100-day countdown for Expo 2020 Dubai

  

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the countdown for Expo 2020 Dubai, the world’s largest cultural event to convene the global community towards creating solutions for a better future. In 100 days, the UAE will be the first country in the ...

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• 24 June

  UAE retail e-commerce market value hits record $3.9b in 2020

  

  Dubai / WAM The UAE retail e-commerce market reached a record $3.9 billion in 2020, a 53 percent year-over-year increase driven by the Covid-19-led digital shift, while e-commerce accounted for 8 percent share of the retail market during the same year, new analysis from Dubai Chamber of Commerce and Industry has revealed. The study projected the value of the market ...

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• 24 June

  UAE hosts 18th UN public service forum in October

  DUBAI / WAM The United Nations has selected the United Arab Emirates to host the 18th UN Public Service Forum in October, coinciding with celebrations of the UAE’s Golden Jubilee. This global forum aims to support the governments’ efforts around the world to achieve the Sustainable Development Goals, as it explores opportunities for governments to deliver seamless digital services, embrace ...

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• 24 June

  Mubadala takes 2.6% stake in Russia’s EN+

  

  Abu Dhabi / WAM Mubadala Investment Company, an Abu Dhabi-based sovereign investor, on Wednesday announced the acquisition of a 2.6 percent stake in EN+, a global leader in low-carbon aluminium production and renewables. Mubadala’s total share ownership in EN+ now stands at 2.86 percent on a fully diluted basis. The new block acquisition equates to 16,641,700 of EN+ ordinary shares. The ...

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• 24 June

  Mohamed Bin Zayed solar plant powers 158,000 facilities in Togo

  

  Abu Dhabi / WAM The Mohamed Bin Zayed Solar PV Complex, one of the largest solar PV plant in West Africa financed by the Abu Dhabi Fund for Development (ADFD) and selected under ADFD-Irena Project Facility, is now fully operational. The 50-megawatt (MW) project in Blitta, Togo, will supply reliable, clean electricity to hundreds of thousands of homes and businesses ...

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• 24 June

  EDB to launch AED1b fund to support SMEs

  

  Abu Dhabi / WAM Ahmed Al Naqbi, CEO of Emirates Development Bank (EDB), revealed bank’s plans to launch an AED 1 billion direct investment fund in 2022 to support SMEs and industrial companies that need financing and investment in priority sectors, such as manufacturing, healthcare, infrastructure, food security and technology. In a statement to the Emirates News Agency (WAM), Al ...

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• 24 June

  UAE, Comoros discuss ways to enhance ties

  MORONI / WAM President Azali Assoumani of the Republic of Comoros has received Saeed Mohammed Al Maqbali, UAE Ambassador to Comoros, in the capital, Moroni. During the meeting, they discussed ways to enhance relations between the two brotherly countries across all sectors, in addition to many issues of common interest. President Assoumani lauded UAE-Comoros ties, stressing the need to develop ...

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• 24 June

  Mohamed Bin Zayed solar plant powers 158,000 facilities in Togo

  

  Abu Dhabi / WAM The Mohamed Bin Zayed Solar PV Complex, one of the largest solar PV plant in West Africa financed by the Abu Dhabi Fund for Development (ADFD) and selected under the ADFD-Irena Project Facility, is now fully operational. The 50-megawatt (MW) project in Blitta, Togo, will supply reliable, clean electricity to hundreds of thousands of homes and ...

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• 24 June

  Zayed Charitable Foundation begins its ‘Eid Clothing’ initiative

  

  Abu Dhabi / WAM Zayed Charitable and Humanitarian Foundation has begun implementing its seasonal programme, “Eid Clothing”, ahead of Eid Al Adha. Hamad Salem bin Kordous Al Ameri, Director-General of the foundation, said that the foundation aims to achieve its goals in charitable work based on its social responsibility in line with the approach established by the UAE’s Founding Father, ...

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• 24 June

  Moro Hub, Intel join hands to spur digital transformation

  

  Dubai / WAM Moro Hub (Data Hub Integrated Solutions LLC), a subsidiary of Digital Dewa, the digital arm of Dubai Electricity and Water Authority (Dewa), signed a memorandum of understanding (MoU) with Intel Corporation to advance collaboration in implementing and accelerating digital transformation initiatives at Moro Hub’s Green Data Centre, the first Certified Tier III Data Centre in the Middle ...

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