April, 2024

• 24 April

  ADQ, Plenary aim to boost global infrastructure growth

  

  ABU DHABI / WAM ADQ, an Abu Dhabi-based investment and holding company, and Plenary Group (Plenary), an independent investor, developer and manager of public-private infrastructure projects headquartered in Australia, announced a partnership aimed at expediting the expansion of public and social infrastructure through strategic investments. ADQ will acquire a 49 percent stake in Plenary, including all shares currently owned by ...

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• 24 April

  Ministry of Economy organises ‘National Forum for SMEs – Government Procurement’

  

  ABU DHABI / WAM The Ministry of Economy (MoEc) organised a forum titled “National Forum for SMEs – Government Procurement” to help Emirati entrepreneurs maximise their benefit from tenders and contracts offered by federal entities and local companies. The forum was held with an aim to enhance their chances of winning these contracts, raise awareness on the importance of government ...

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• 24 April

  UAE set to commence Cepa negotiations with Ecuador

  

  QUITO / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Sonsoles Garcia, Minister of Production, Foreign Trade, Investments and Fisheries of Ecuador, signed a joint statement in Quito announcing the intention to begin negotiations towards a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Ecuador, as part of the UAE delegation’s visit to ...

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• 24 April

  FinTech Funding Continues to Surge as Second Edition of Dubai FinTech Summit Commences

  

  DUBAI/ GULF TIME For the second consecutive year, Dubai will remain in the spotlight as it hosts the second edition of Dubai FinTech Summit, under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE and President of DIFC, which is set to ...

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• 24 April

  AMWAJ Development’s inaugural four building residential project ‘Starlight Park’ launches in Meydan District – 11

  

  DUBAI / GULF TIME AMWAJ Development marks its debut in Dubai’s booming real estate market with the launch of Starlight Park, a 4-building family-centric community in the heart of Meydan’s District 11. The company has a planned development pipeline of over 1.5 million square feet in new residential projects by 2024, and over 2 million square feet in construction by ...

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• 24 April

  ARA Real Estate & DECA Properties Jointly Unveil AED22 Billion Arabian Hills Estate

  

  ABU DHABI / GULF TIME ARA Real Estate Development, a Core Holding subsidiary, proudly assumed the full development and management responsibilities for the Arabian Hills Estate during an exclusive event recently held in Madinat Jumeirah last night. DECA Properties will be the exclusive sales and marketing partner for this ambitious 244 million-square-foot project in Abu Dhabi. This partnership marks a ...

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• 24 April

  Gold prices rangebound as traders focus on US economic data

  

  WORLD CAPITALS/ WAM Gold prices crept higher on Wednesday but were stuck in a narrow range as investors looked to US economic data for further clarity on the Federal Reserve’s interest rate path, Reuters reported. Spot gold rose 0.2% to $2,327.86 per ounce by 0429 GMT, after having hit its lowest since April 5 in the previous session. US gold ...

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• 24 April

  Astana International Exchange joins ADX’s Tabadul Hub

  

  ABU DHABI / WAM Astana International Exchange (AIX) has officially joined the Tabadul Digital Exchange Hub established by the Abu Dhabi Securities Exchange (ADX), allowing for bilateral cross-exchange trading between the two entities. This collaboration enhances liquidity and streamlines trading mechanisms for investors by making AIX and ADX-listed securities available for cross-trading. Tabadul facilitates remote access for brokerage firms affiliated ...

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• 24 April

  AGDA inks pact with Abu Dhabi Music and Arts Foundation

  

  ABU DHABI / WAM The Anwar Gargash Diplomatic Academy (AGDA) has signed a memorandum of understanding (MoU) with the Abu Dhabi Music and Arts Foundation (ADMAF), to introduce collaborative initiatives aimed at boosting the UAE’s position on the global cultural and creativity map. The MoU was signed by Nickolay Mladenov, AGDA’s Director General, and Huda Alkhamis Kanoo, Founder of ADMAF, ...

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• 24 April

  Sanad, Khalifa University strengthen partnership

  

  ABU DHABI / WAM Sanad, wholly owned by Mubadala Investment Company, has announced strengthening its partnership with Khalifa University of Science and Technology to nurture local talent and foster knowledge exchange. The collaboration between Sanad and Khalifa University establishes three core pillars for students’ training and development which include offering local and international training opportunities for students during holidays, supported ...

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