May, 2019

• 22 May

  Ajman investor forums in Europe draw strong interest

  AJMAN / WAM The Ajman Media City Free Zone concluded its first European investment forums series with successful events in London and Lisbon, the two emerging and thriving hubs for creative and tech start-ups. Mahmood Alhashmi, CEO of the Ajman Media City Free Zone, led the high-level delegation, along with Rishi Somaiya, Commercial Advisor, and Nader Afify, Business Development Advisor. ...

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• 22 May

  VP, Mohamed witness launch of family-school app ‘Adheedak’

  

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, witnessed the launch of a family-school application, Adheedak (Arabic for Your Assistant) that seeks ...

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• 22 May

  ECI, Dhaman to support growth, expansion of UAE businesses

  

  DUBAI / WAM Etihad Credit Insurance (ECI), signed a reinsurance agreement with the Arab Investment and Export Credit Guarantee Corporation, Dhaman, to support the growth and expansion of the UAE businesses. This agreement will further enhance the inter-Arab trade and UAE exports globally, in line with the country’s non-oil diversification strategy and vision 2021. The two sides will collaborate to ...

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• 22 May

  EIBFS workshop highlights financial challenges in banks

  

  DUBAI / Emirates Business Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, held an interactive workshop on ‘Financial Challenges in Banks’. The session drew the participation of over 270 senior representatives from over 20 banks and financial institutions. Conducted by Hussam A. Al-Abed, renowned financial, banking and cybercrime prevention trainer ...

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• 22 May

  UAE condemns Houthi attacks against Makkah

  Abu Dhabi / WAM The United Arab Emirates has condemned in the strongest terms the attempt of the Houthi militias to target Makkah with a ballistic missile. A Ministry of Foreign Affairs and International Cooperation (MoFAIC), statement said that the attempt to target the Holy City of Makkah during Ramadan represented a serious escalation and showed the unprecedented moral bankruptcy of ...

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• 22 May

  DP World chairman, Brazil FM discuss FDI engagement

  

  Dubai / WAM Brazil Minister of Foreign Affairs, Ernesto Henrique Fraga Araujo met DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem in the Brazilian capital, Brasilia. They discussed social reform, a stable and efficient regulatory framework to attract investors alongside public private partnerships to encourage foreign direct investment (FDI). The meeting preceded Bin Sulayem’s discussions with President Jair Bolsonaro ...

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• 22 May

  UAE national portal’s page views surpasses 20 million

  Dubai / WAM The UAE official government portal ‘UAE Government’ views have surpassed 20 million, while portal users reached about 7.5 million (2.5 million are from outside the UAE) and users’ sessions reached 12 million in two years since the portal was revamped and enriched with content in April 2017, reported the Telecommunications Regulatory Authority (TRA). Hamad Obaid Al Mansoori, Director-General ...

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• 22 May

  New air accident investigation lab opens in Abu Dhabi

  

  Abu Dhabi / WAM Saif Mohammed Al Suwaidi, Director-General of General Civil Aviation Authority (GCAA), has officially inaugurated the “Abu Dhabi Air Accident Investigation Laboratory”, established by the Air Accident Investigation Sector (AAIS), at the authority’s headquarters. “The lab offers great potential for the Air Accident Investigation Sector to operate effectively and smoothly, based on data recorded by flight recorders. ...

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• 22 May

  Brookfield, Fortress bid for Anbang hotels

  

  Bloomberg Brookfield Asset Management Inc and Fortress Investment Group are among the bidders for a portfolio of 15 hotels owned by Anbang Insurance Group Co, according to people familiar with the sales process. Blackstone Group LP, South Korea’s Mirae Asset Management, and GIC Pte, Singapore’s sovereign wealth fund, are also among the bidders for the hotels, the Financial Times reported, ...

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• 22 May

  Son names AI professor to SoftBank board

  

  Bloomberg Masayoshi Son can’t stop talking about how artificial intelligence (AI) is going to change the world. Now SoftBank Group Corp will finally have a board member who is an expert on the subject. SoftBank named a new director: Yutaka Matsuo, a professor at the University of Tokyo who focuses on social network mining, natural language processing and AI. SoftBank ...

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